Technology Private Placement and M&A Transactions Review Week Ending Jan 19, 2025

Synthesia: The company raised $180 million of Series D venture funding in a deal led by New Enterprise Associates on January 15, 2025, putting the company’s post-valuation at $2.1 billion. GV, Atlassian Ventures, MMC Ventures, FirstMark Capital, WiL (World Innovation Lab) and PSP Partners also participated in the round. The company is a synthetic media generation company that develops software used to create AI generated video content.

Loft Orbital: The company raised $170 million of Series C venture funding in a deal led by Tikehau Capital and Axial Partners on January 14, 2025. Samsung Venture Investment, Temasek, Arkenstone, GSBackers, Supernova Invest, Uncork Capital, Foundation Capital, Tribeca Venture Partners, Bpifrance, Starbuster TMT Investments and Zain S Hasan Charitable Remainder Trust also participated in the round. The company is a developer of a Space Infrastructure as a Service satellite deployment and management platform.

Instabase: The company raised $100 million of Series D venture funding in a deal led by Qatar Investment Authority on January 17, 2025. Greylock, Andreessen Horowitz, Index Ventures, and NEA also participated in the round. The company is a developer of an applied artificial intelligence platform designed to automate business processes.

SeeQC: The company raised $29.9 million of Series A venture funding in a deal led by Booz Allen Ventures and NordicNinja VC on January 14, 2025, putting the company’s pre-money valuation at $163 million. M Ventures, EQT Ventures, BlueYard Capital, SIP Global Partners, Foundation Asset Management, and other undisclosed investors also participated in the round. The company is a developer of superconducting technologies designed for a variety of information processing applications.

Sereact: The company raised EUR 25 million of Series A venture funding in a deal led by Creandum on January 20, 2025. Point Nine Capital, Air Street Capital, Nico Rosberg, Mehdi Ghissassi, Ott Kaukver, Lars Nordwall, Torsten Reil and Niklas Köhler also participated in the round. The company is a developer of AI-based robotics and intelligent software tools for warehouses.

Raspberry AI: The company raised $24 million of Series A venture funding in a deal led by Andreessen Horowitz on January 13, 2025. MVP Ventures, Correlation Ventures, Greycroft, Ken Pilot, and Gokul Rajaram also participated in the round. The company is a provider of generative artificial intelligence software for creative fashion design professionals to instantly see how products look and fit.

RapidCanvas: The company raised $23.9 million of Series A venture funding in a deal led by Peak XV Partners on January 17, 2025. Accel, Valley Capital Partners, Titanium Ventures and other undisclosed investors also participated in the round. The company is a developer of a no-code artificial intelligence platform designed for data practitioners looking to transition from raw data to machine learning applications.

Men in Blazers: The company raised $15 million of Series A venture funding in a deal led by Avenue Capital Group on January 20, 2025. Wheelhouse, The Chernin Group, Bolt Ventures, Ryan Reynolds, Robert McElhenney and Ryan Sports Ventures also participated in the round. The company is an operator of a media business focused on the international soccer market.

Coram AI: The company raised $13.8 million of Series A venture funding in a deal led by Battery Ventures on January 16, 2025. 8VC and Mosaic Ventures also participated in the round. The company is a developer of a video intelligence platform designed to provide businesses with insights into daily operations.

Reown: The company raised $13 million of Series B venture funding in a deal led by Global Digital Asset Holdings, Union Square Ventures and 1kx on January 14, 2025. Shopify, Kraken Ventures, Crypto.com Capital, Kiln, Everstake, BitGo, and Fenbushi Capital also participated in the round. The company is a developer of an open-source platform designed to improve the usability and accessibility of decentralized applications.

RocketPhone.ai: The company raised $10.5 million of venture funding from undisclosed investors on January 14, 2025. The company is a developer of an AI-powered phone system for Salesforce designed to identify important conversation points and automate routine tasks.

Metica: The company raised $9 million of venture funding in a deal led by Firstminute Capital, Play Ventures and 13books Capital on January 16, 2025. Roland Rudd, Nigel Morris, Riccardo Zacconi, Carolin Krenzer, Klaas Kersting, Michail Katkoff and Rene Rechtman also participated in the round. The company is a developer of an AI-based game lifetime value improvement and monetization platform.

nexos.ai: The company raised $8 million of venture funding in a deal led by Index Ventures on January 17, 2025. Creandum, Dig Ventures, Olivier Pomel, Flat Capital, Ilkka Paananen and Avishai Abrahami also participated in the round. The company is a developer of an AI-based orchestration platform designed to simplify operations, boost productivity, and accelerate business growth.

Zero10: The company raised EUR 7.2 million of venture funding from undisclosed investors on January 16, 2025. The company is a developer of advanced AR and AI try-on solutions for the retail, entertainment, and sports sector.

Blaize / BurTech Acquisition: The company was acquired by BurTech Acquisition through a reverse merger for $894 million, resulting in the combined entity trading on the NASDAQ stock exchange under the ticker symbol BZAI on January 13, 2025. Blaize Holdings Inc provides an AI computing platform for the automotive, smart vision, and enterprise computing markets.

Vistar Media / T-Mobile US: The company reached a definitive agreement to be acquired by T-Mobile US for an estimated $600 million on January 13, 2025. The company is a developer an end-to-end programmatic ecosystem platform designed to enable data-driven, automated and measurable digital out-of-home transactions.

mParticle / Rokt: The company was acquired by Rokt for $300 million on January 16, 2025. The company is a developer of a customer data platform intended to help companies make decisions based on AI-powered insights.

Starface / Gamma Communication: The company reached a definitive agreement to be acquired by Gamma Communication for GBP 165 million on January 14, 2025. The company is a developer of voice-over-internet protocol (VoIP) software for telephony services.

Oosto / Metropolis: The company was acquired by Metropolis for $125 million on January 20, 2025. The company is a developer of a visual recognition platform designed to enhance security, safety, and operational efficiency.

Lion Gaming / Adventure Box Technologies: The company was acquired by Adventure Box Technologies for SEK 475 million on January 15, 2025. The company is a developer of a gaming platform intended to provide white-label betting services.

Boiler Room / Superstruct Entertainment: The company, a subsidiary of Dice, was acquired by Superstruct Entertainment, via its financial sponsors CVC Capital Partners and Kohlberg Kravis Roberts, through an LBO on January 15, 2025 for an undisclosed amount. The company is an operator of an online music broadcasting platform intended to live stream and archive musical performances.

CAD MicroSolutions / GoEngineer: The company was acquired by GoEngineer, via its financial sponsor Court Square Capital Management, through an LBO on January 13, 2025 for an undisclosed amount. The company is a developer of advanced design and manufacturing technologies based in Etobicoke, Ontario.

CueIn / ServiceNow: The company reached a definitive agreement to be acquired by ServiceNow for an undisclosed amount on January 17, 2025. The company is a developer of a conversational AI-based platform designed to enhance conversation workflows through AI-driven insights.

INVIDI Technologies / DirecTV: The company was acquired by DirecTV, via its financial sponsor TPG, through an LBO on January 15, 2025 for an undisclosed amount. The company is a provider of software services for television advertising and marketing to cable, satellite, and IPTV service providers.

MetaMedia / Qube Cinema: The company reached a definitive agreement to be acquired by Qube Cinema for an undisclosed amount on January 14, 2025. The company is a developer of a cloud-based delivery platform for content producers and theatres.

Parrot AI / Advisor360: The company was acquired by Advisor360 for an undisclosed amount on January 14, 2025. The company is a developer of an AI-powered transcription and collaborative workspace platform designed to enhance distributed and asynchronous work.

Screens.AI / Agiloft: The company was acquired by Agiloft, via its financial sponsors FTV Capital, JMI Equity and Kohlberg Kravis Roberts, through an LBO on January 14, 2025 for an undisclosed amount. The company is a developer of AI-powered contract review software intended for legal professionals and businesses.

Sincera / The Trade Desk: The company reached a definitive agreement to be acquired by The Trade Desk for an undisclosed amount on January 15, 2025. The company is an operator of a data analytics platform intended to decode and clean complex digital advertising data into actionable formats.

Upsolver / Qlik Technologies: The company was acquired by Qlik Technologies, via its financial sponsors Thoma Bravo and CPP Investments, through an LBO on January 14, 2025 for an undisclosed amount. The company is a developer of a cloud-native database platform designed to manage, integrate, and structure streaming data for analysis.

Source: Pitchbook Data, Inc.