Technology Private Placement and M&A Transactions Review Week Ending Feb 2, 2025

Sigma Computing: The company raised $264 million of Series D venture funding in a deal led by Avenir Growth Capital and Spark Capital on January 29, 2025, putting the company’s pre-money valuation at $1.3 billion. Snowflake Ventures, NewView Capital, Sutter Hill Ventures, Altimeter Capital Management, D1 Capital Partners and XN also participated in the round. The company is a developer of a cloud data warehouse analytics software designed to analyze complex databases.

UVeye: The company raised $191 million of venture funding through a combination of debt and equity on January 29, 2025. An equity rasie of $41 million was led by Woven Capital with participation from UMC Capital, W.R. Berkley Insurance, MyBerg, Menora Mivtachim Holdings, MORE Investment House, and other undisclosed investors. Trinity Capital provided a $150 million loan. The company is a developer of vehicle inspection systems designed to detect threats or modifications of vehicles.

Onebrief: The company raised $58.8 million through a combination in Series C venture funding in a deal led by Insight Partners and General Catalyst on January 27, 2025, putting the company’s pre-money valuation at $602.5 million. Caffeinated Capital, Human Capital and 9Yards Capital also participated in the round. The company is a developer of a visual strategy platform designed to provide mind mapping for the military.

Omnitron Sensors: The company raised $40 million of Series A1 venture funding in a deal led by Corriente Advisors on January 30, 2025, putting the company’s pre-money valuation at $210 million. L’ATTITUDE Ventures and Gaingels also participated in the round. The company is a developer of an automotive sensor platform designed to increase performance, reliability and reduce costs.

Robin Radar Systems: The company received EUR 25 million of development capital from Stichting Pensioenfonds ABP on January 30, 2025. The company is a developer of a radar technology platform designed to detect small flying objects and birds within a radius of a few kilometers around civil and military bases.

SuperOps: The company raised $25 million of Series C venture funding in a deal led by March Capital on January 29, 2025, putting the company’s pre-money valuation at $175 million. Z47, Addition and other undisclosed investors also participated in the round. The company is a developer of an AI-powered unified information technology (IT) management services platform designed to simplify workflow operations with step-by-step prompts.

HockeyStack: The company raised $20 million through a combination of debt and Series A-1 venture funding in a deal led by Bessemer Venture Partners on January 28, 2025, putting the company’s pre-money valuation at $61.4 million. QNBEYOND Ventures, Battery Ventures, Decacorn Capital, Uncorrelated Ventures, Y Combinator and other undisclosed investors also participated in the round. The company is a developer of an analytics and attribution platform designed to help B2B companies understand customer behavior and drive revenue growth.

Pixion Games: The company raised $12.4 million of venture funding in a deal led by Delphi Ventures on January 27, 2025. Sky Mavis, Animoca Brands, Yield Guild Games, L1D, Arete, Spartan Capital Securities and other undisclosed investors also participated in the round. The company is a developer of a gaming platform designed to build competitive esports games for mobile devices.

Zaion: The company raised EUR 11 million of venture funding in a deal led by 115K on January 30, 2025. Other undisclosed investors also participated in the round. The company is a developer of an AI-powered conversational platform designed to optimize customer relations.

Canvas: The company raised $10 million of Series A venture funding in a deal led by Foundry Group and Trilogy Equity Partners on January 29, 2025. GC&H Investments, Frontier Equities VC and Acquired Wisdom Fund also participated in the round. The company is a developer of mobile computer vision technologies designed for spatial computing.

Veeam: The company received $10 million of development capital from an undisclosed investor on January 28, 2025. The company is a developer of intelligent data management software for disaster recovery and data protection for virtual, cloud-native, SaaS, Kubernetes and physical workloads.

Aligned: The company raised $8 million of Series A venture funding in a deal led by JAL Ventures on January 29, 2025. Hetz Ventures, NFX and other undisclosed individual investors also participated in the round. The company is a developer of a customer-facing digital platform designed for conversation with prospective buyers.

NLM Photonics: The company raised $8 million of venture funding from Hamamatsu Photonics, Tokyo Ohka Kogyo, and Ideaship on January 28, 2025. Emerald Technology Ventures, Oregon Venture Fund, Pack Ventures, StoryHouse Ventures, and 5G Open Innovation Lab also participated in the round. The company is an operator of a photonics integrated circuit business intended to facilitate optical computing and communications technology.

MontyCloud: The company raised $5.1 million of Series A1 venture funding from 1809 Capital, S3 Ventures, and other undisclosed investors on January 29, 2025. The company is a developer of a cloud management platform designed to simplify the management and governance of modern infrastructure, applications, and services.

Satisfi Labs: The company received an undisclosed amount of development capital from Level Equity on January 27, 2025. The company is a developer of a knowledge management platform designed to make data AI-ready for physical locations.

Walmart Advanced Systems & Robotics / Symbotic: The company was acquired by Symbotic for $520 million on January 28, 2025. The company is an operator of a robotics automation business that provides automation technologies and systems for retail operations and improved customer experiences.

Accerion / Sick: The company was acquired by Sick for an undisclosed amount on January 27, 2025. The company is a developer of an autonomous positioning sensor technology designed to guide robots and autonomous vehicles.

BlackSwan Technologies / HUB Security: The company was acquired by HUB Security for an undisclosed amount on January 27, 2025. The company is a developer of an AI-based operating system designed for the manifestation of business applications to achieve operational efficiencies and advanced decisions.

DevLand.AI / sliQue Robotics: The company was acquired by sliQue Robotics for an undisclosed amount on January 29, 2025. The company is a developer of a gaming ecosystem platform based in the United States.

Infinite Canvas / Pocket Worlds: The company was acquired by Pocket Worlds for an undisclosed amount on January 27, 2025. The company is a developer of an online metaverse platform designed for user engagement through online games.

Kind Humanoid / 1X: The company was acquired by 1X for an undisclosed amount on January 27, 2025. The company is a developer of intelligent humanoid robots designed for home and healthcare use.

Klaxoon / Wrike: The company was acquired by Wrike, via its financial sponsor STG Partners, through an LBO on January 28, 2025 for an undisclosed amount. The company is an operator of a visual collaboration platform designed to increase engagement and improve business decisions and processes.

Mack Avenue Records II / Exceleration Music: The company was acquired by Exceleration Music through an LBO on January 31, 2025 for an undisclosed amount. The company is a publisher of music.

Magnetik Communications / Stirista: The company, a subsidiary of StrongView, was acquired by Stirista, via its financial sponsor Wavecrest Growth Partners, through an LBO on January 29, 2025 for an undisclosed amount. The company is a provider of digital marketing and advertising services for small and large-sized companies.

Morressier / Molecular Connections: The company was acquired by Molecular Connections for an undisclosed amount on January 29, 2025. The company is a developer of a virtual conference and publishing platform designed for conferences, seminars and workshops.

MyGov / Tyler Technologies: The company was acquired by Tyler Technologies for an undisclosed amount on January 31, 2025. The company is a developer of a web and mobile-based community development and government software suite designed to simplify data entry.

Navori / Maguar Capital Management: The company, a subsidiary of BroadSign International was acquired by Maguar Capital Management and Mr. Jérôme Moeri, through an LBO on January 31, 2025 for an undisclosed amount. The company is a developer of digital signage and marketing analytics software designed to create, deploy, and play any type of digital signage content on any screen.

SpringboardVR / Synthesis VR: The company was acquired by Synthesis VR, a subsidiary of XR Immersive Tech, for an undisclosed amount on January 31, 2025. The company is a developer of an arcade management software designed to improve the virtual reality arcade experience.

Transifex / XTM International: The company was acquired by XTM International, via its financial sponsor K1 Investment Management, through an LBO on January 28, 2025 for an undisclosed amount. The company is a developer of a cloud-based translation software designed to assist developers and marketers publish digital content across multiple languages.

Wonderland Engine / Create Worlds: The company was merged with Robot Invader to form Create Worlds on January 29, 2025. The company is a developer of a web-based XR application designed to optimize tools for real-time 3D graphics on the web.

Source: Pitchbook Data, Inc.