2023 in 300+ Slides – Click on Strategy below
Private Placement / Financing Transactions

Quora: The company raised $75 million through a combination of Series 1-A, and Series 1-B venture funding led by Andreessen Horowitz on January 10, 2024, putting the company’s pre-money valuation at $425 million. The company is a developer of an online question-and-answer platform.

PhotoRoom: The company closed on $55 million of an undisclosed targeted amount of venture funding in a deal led by Balderton Capital on January 10, 2024, putting the company’s pre-money valuation at $500 million. Meta Platforms, FJ Labs, Kima Ventures, Adjacent Venture Capital, Y Combinator, Yann LeCun and Zehan Wang also participated in the round. The company is a developer of a photo editing platform.

ZEDEDA: The company raised $45.3 million of venture funding from undisclosed investors on January 12, 2024. The company is a developer of a cloud-native edge virtualization platform designed to monitor, visualize, and secure edge applications.

Luma AI: The company raised $43 million of Series B venture funding from Remote First Capital, Andreessen Horowitz and other undisclosed investors on January 9, 2024. The company is a developer of a photorealistic 3D capture software.

Impact Analytics: The company raised $40 million of venture funding in a deal led by Sageview Capital on January 9, 2024. Vistara Growth and other undisclosed investors also participated in the round. The company is a developer of AI-driven business intelligence and insights software.

Flutterflow: The company raised $25.5 million of Series A venture funding in a deal led by GV on January 11, 2024, putting the company’s pre-money valuation at $144.5 million. Xoogler Ventures, Gradient Ventures, Y Combinator and other undisclosed investors also participated in the round. The company is an operator of an application development platform intended to build native mobile applications that run on both iOS and Android.

Metaphysic: The company raised $17.7 million of venture funding from Tectonic Ventures, Rakuten Capital, and undisclosed investors on January 10, 2024. The company is a developer of an AI-driven synthetic media creation software.

Geminus: The company raised $13 million of Series A venture funding in a deal led by Schlumberger on January 12, 2024. The company is a developer of an integrated physics and simulation based AI platform designed to enhance operational intelligence.

Noodle.ai: The company raised $10 million of venture funding in a deal led by Dell Technologies Capital and TPG on January 11, 2024. The company is a developer of enterprise artificial intelligence-based applications designed to eliminate operations entropy across a supply chain.

AI Arena: The company raised $6 million of venture funding in a deal led by Framework Ventures on January 9, 2024. SevenX Ventures, FunPlus Ventures, Xterio, and Moore Strategic Ventures also participated in the round. The company is a developer of play-to-earn games.

Springdel: The company raised $5 million of Series A venture funding in a deal led by Carbide Ventures on January 14, 2024. Beyond Ventures also participated in the round. The company is a developer of a mobile device management platform designed to control IT and IoT device fleets.

Chooch: The company raised an undisclosed amount of venture funding from B8 Venture Partners on January 8, 2024. The company is a developer of a generative AI-based visual recognition platform.

Polyhedra Network: The company raised an undisclosed amount of venture funding from OKX Ventures on January 9, 2024. The company is a developer of a Web3 infrastructure platform designed to simplify and secure cross-chain communication.

Viaduct: The company raised an undisclosed amount of venture funding from Sumitomo Rubber Industries on January 10, 2024. The company is a developer of an end-to-end machine learning and data analytics platform designed to manage, analyze, and utilize connected vehicle data.


M&A Transactions

Believe / TCV: The company has received bids to be acquired by TCV and Mr. Denis Ladegaillerie through a public-to-private LBO as of January 11, 2024 for an undisclosed amount. Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels.

Braineet / ITONICS: The company was acquired by ITONICS for an undisclosed amount on January 11, 2024. The company is a developer of an innovation management platform designed to help companies bring new products and services to market.

Crypt TV / Brat TV: The company was acquired by Brat TV for an undisclosed amount on January 11, 2024. The company is an operator of a media production house engaged in creating short horror movies.

Dack / Operto: The company was acquired by Operto for an undisclosed amount on January 8, 2024. The company is a developer of all-in-one guest experience artificial intelligence-powered platform designed to serve homestay operators.

Gravity Media / Euro Media Group: The company entered into a definitive agreement to be acquired by Euro Media Group, via its financial sponsors Sofinim and PAI Partners, through an LBO on January 11, 2024 for an undisclosed amount. The company is a provider of live broadcast facilities and production services.

KnowledgeHound / YouGov: The company was acquired by YouGov for an undisclosed amount on January 8, 2024. The company is a developer of a data analytics platform.

Onscreen / Learning Pool: The company was acquired by Learning Pool, via its financial sponsor Marlin Equity Partners, through an LBO on January 11, 2024 for an undisclosed amount. The company is a developer of a digital adoption platform designed to guide employees using systems applications and products (SAP) technology.

Satuit Technologies / Dura Software: The company, a subsidiary of Tier1 Financial Solutions, was acquired by Dura Software, via its financial sponsor Peterson Partners, through an LBO on January 9, 2024 for an undisclosed amount. The company is a developer of client relationship management (CRM) and reporting software.

SevenSense / ABB Technology Ventures: The company was acquired by ABB Technology Ventures, a subsidiary of ABB Group, for an undisclosed amount on January 11, 2024. The company is a developer of an autonomous robotics platform designed for crowded public spaces.

SnapRetail / First Insight: The company was acquired by First Insight for an undisclosed amount on January 11, 2024. The company is a developer of a marketing platform designed to empower small businesses with online marketing.

SportBuzzBusiness.fr / Navymedia: The company was acquired by Navymedia for an undisclosed amount on January 9, 2024. The company is an operator of a website providing sports news and media based in France.

SupplyShift / Sphera Solutions: The company was acquired by Sphera Solutions, via its financial sponsor Blackstone, through an LBO on January 9, 2024 for an undisclosed amount. The company is a developer of data management software designed to turn supply chain data into actionable business intelligence.

SYSTRAN / ChapsVision: The company was acquired by ChapsVision, via its financial sponsors Bpifrance, Qualium Investissement, GENEO Capital Entrepreneur and Tikehau Capital, through an LBO on January 11, 2024 for an undisclosed amount. The company is a developer of language translation software designed for organizations to communicate effectively and produce content in multiple languages.

WorkZone / Big Band: The company was acquired by Big Band through an LBO on January 8, 2024 for an undisclosed amount. The company is a developer of project management software designed for companies to get large volumes of mission-critical work done through project collaboration tools.


Source: Pitchbook Data, Inc.

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