Strategy | Financing Transactions
Private Placement / Financing Transactions

Brain: The company raised $32 million of venture funding from Tennant on February 22, 2024. The company is a developer of artificial intelligence-based robotics automation software designed to create core technology for the robotics industry.

Qloo: The company raised $25 million of Series C venture funding in a deal led by AI Ventures (United States) on February 21, 2024, putting the company’s pre-money valuation at $175 million. Eldridge Industries, Moderne Ventures, AXA Venture Partners and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence-based platform designed to predict audience preferences.

Synadia: The company raised $25 million of Series B venture funding in a deal led by Forgepoint Capital on February 22, 2024. Singtel Innov8, LDV Partners, and 5G Open Innovation Lab also participated in the round. The company is a developer of a decentralized digital technology designed for cloud-native applications and microservices architectures.

Boom Entertainment: The company raised $21 million of venture funding in a deal led by Polychain Capital on February 21, 2024. PokerGO, Hack VC, Accomplice VC, Paper Ventures and Folius Ventures also participated in the round. The company is a developer of a sports and casino gaming application designed to launch and promote custom gaming experiences.

NLX: The company raised $12.2 million of venture funding from Cercano on February 22, 2024. Thayer Ventures and HL Ventures also participated in the round. The company is an operator of a no-code, multimodal conversation platform.

Threedy: The company raised $10.4 million of Series A venture funding from LBBW Venture Capital, TRUMPF Venture and Fraunhofer Venture on February 21, 2024. Futury Capital, EquityPitcher Ventures, Matterwave Ventures and High-Tech Gründerfonds also participated in the round. The company is a developer of a visual computing platform that generates responsive and interactive three-dimensional applications.

Thunderbird: The company raised $6.5 million of venture funding from EST, Aura Investment, and other undisclosed investors on February 19, 2024. The company is a developer of a cloud-based platform designed to streamline data management and collaboration for businesses.

Buzz Solutions: The company raised $5 million of venture funding from undisclosed investors on February 23, 2024. The company is a developer of an AI-powered predictive analytics platform designed to detect faults and anomalies on power line assets.

Blue Wire: The company raised an undisclosed amount of venture funding in a deal led by Decathlon Capital Partners on February 20, 2024. The company is an operator of a sports podcasting platform for audio content creators.

Kinectify: The company raised an undisclosed amount of venture funding in a deal led by Aristocrat Leisure on February 22, 2024. Eilers & Krejcik Gaming, Acies Investments and Mark Frissora also participated in the round. The company is a developer of an AML risk management technology for the gaming industry.

Truco: The company raised an undisclosed amount of venture funding from Firestreak Ventures on February 19, 2024. The company is a developer of an AI-powered customer service platform.


M&A Transactions

Vizio Holding / Walmart: The company was acquired by Walmart for an estimated $2.3 billion on February 20, 2024. VIZIO Holding Corp is a provider of smart televisions, sound bars, and media accessories.

Holland Gaming Technology / Betsson: The company was acquired by Betsson for EUR 27.5 million on February 19, 2024. The company is an operator of gaming license and web-based casino games.

Asacha Media Group / Fremantle: The company reached a definitive agreement to be acquired by Fremantle, a subsidiary of RTL Group, for an undisclosed amount on February 20, 2024. The company is a producer of scripted and unscripted content for TV networks and streaming platforms.

BeyondPlay / FanDuel: The company was acquired by FanDuel, a subsidiary of Flutter Entertainment, for an undisclosed amount on February 21, 2024. The company is a developer of a multiplayer gaming software platform.

Circonus / Apica: The company was acquired by Apica, via its financial sponsors The Riverside Company, Skandinaviska Enskilda Banken, PFR Ventures, Oxx, Industrifonden and Leo Capital, through an LBO on February 20, 2024 for an undisclosed amount. The company is a developer of a real-time monitoring and analytics platform designed for businesses to monitor critical metrics, infrastructure, and applications.

ClipDrop / Jasper: The company was acquired by Jasper for an undisclosed amount on February 23, 2024. The company is a developer of an AI-powered image editing and generation software.

delphai / IntApp: The company reached a definitive agreement to be acquired by IntApp for an undisclosed amount on February 22, 2024. The company is a developer of an AI-powered B2B search engine.

Global Gaming Business Magazine / Clarion Gaming: The company, a subsidiary of Casino Connection International was acquired by Clarion Gaming for an undisclosed amount on February 22, 2024. The company is a publisher of a monthly gaming trade magazine focused on the international casino industry.

Hunt A Killer / What Do You Meme: The company was acquired by What Do You Meme for an undisclosed amount on February 23, 2024. The company is a developer of a range of murder mystery games.

TokyWoky / Skeepers: The company was acquired by Skeepers for an undisclosed amount on February 21, 2024. The company is a developer of a community platform designed for brands to gather, engage and activate customers directly on their websites.


Source: Pitchbook Data, Inc.

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