Strategy | Financing Highlight 
Private Placement / Financing Transactions

Tome: The company raised $43 million of Series B venture funding in a deal led by Lightspeed Venture Partners on February 22, 2023, putting the company’s pre-money valuation at $257 million. Coatue Management, Greylock Partners, Emad Mostaque, and Eric Schmidt also participated in the round. The company is a developer of a storytelling tool designed to reduce the time required for designing slides.

/talk: The company raised $25.5 million of Series A venture funding in a deal led by Andreessen Horowitz on February 23, 2023, putting the company’s pre-money valuation at $85 million. Uncommon Projects, Benchmark and Framework Ventures also participated in the round. The company is a developer of an anti-meeting tool designed for fast and decentralized conversations.

Midnight Society: The company raised $11.1 million of venture funding from 305 Ventures and other undisclosed investors on February 22, 2023. The company is an operator of a game studio intended to develop online multiplayer games.

Quell: The company raised $10 million of Series A venture funding from Tencent Holdings, Khosla Ventures, and Heartcore Capital on February 20, 2023. Social Impact Capital and Naval Ravikant also participated in the round. The company is a developer of a fitness gaming platform intended to offer a high-intensity, resistance-based combat workout at home.

MappedIn: The company raised an undisclosed amount of Series A venture funding in a deal led by Channel Equity Partners on February 22, 2023. The company is a developer of digital map software that powers search and discovery tools for indoor areas.

Movius: The company raised an undisclosed amount of venture funding from T-Mobile Ventures on February 24, 2023. The company is a developer of cloud-based secure mobile communication software for enterprise users.

Twine: The company is in the process of raising Series A venture funding on February 22, 2023. The company is a developer of a video chat platform.

Planqc: The company raised an undisclosed amount of venture funding from Amadeus Capital Partners, APEX Ventures, and other undisclosed investors on February 22, 2023. The company is a developer of quantum computer processors that store information in individual atoms by arranging qubits in highly scalable arrays and manipulating them with laser pulses.


M&A Transactions

Vampr / Jaxsta Enterprise: The company was acquired by Jaxsta Enterprise for AUD 5 million. The company is a developer of a social-professional platform designed to help creatives find people to collaborate with, create new music and monetize their work.

eyecandylab / Accedo: The company was acquired by Accedo, via its financial sponsor SEB Private Equity, through an LBO on February 22, 2023 for an undisclosed amount. The company is a developer of an augmented reality platform designed to enhance video content with interactive and immersive augmented reality experiences.

IXIASOFT / MadCap Software: The company was acquired by MadCap Software, via its financial sponsor Battery Ventures, through an LBO on February 22, 2023 for an undisclosed amount. The company is a developer of CCMS (component content management system) software designed to create personalized technical content.

Studio Fizbin / Thunderful Group: The company was acquired by Thunderful Group for an undisclosed amount on February 21, 2023. The company is a developer of games intended for the pc and consoles.

Swaven / MikMak: The company was acquired by MikMak for an undisclosed amount on February 22, 2023. The company is a developer of digital point of purchase software intended to connect consumers with brands and retailers.

Vulse / CarbonCode: The company was acquired by CarbonCode for an undisclosed amount on February 23, 2023. The company is a developer of a scheduling platform designed to post content on social media.

Veea / Ostendo: The company reached a definitive agreement to be acquired by Ostendo for an undisclosed amount on February 26, 2023. The company is a developer of an IoT-based integrated communication platform designed to offer connectivity, secure transactions, and facilitate payments.


Source: Pitchbook Data, Inc.

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