Technology Private Placement and M&A Transactions Review Week Ending January 22 2023

Chord: The company raised $33 million of Series A venture funding in a deal led by Bright Pixel Capital and Eclipse Ventures on January 18, 2023. White Star Capital, Foundation Capital, Imaginary Ventures, Hawke Ventures, Rose Street Capital, TechNexus Venture Collaborative, GC1 Ventures, and Anti Fund also participated in the round. The company is a developer of a commerce-as-a-service software intended to empower teams to build deeper and richer custom commerce experiences.

Dreamscape Immersive: The company raised $20 million of Series A venture funding from Verizon Ventures, Cengage Learning and Bold Capital Partners on January 19, 2023. GSV Ventures also participated in the round. The company is a developer of virtual reality technology designed to create an entirely new form of mainstream location-based entertainment.

Way: The company raised $20 million of Series A venture funding in a deal led by Tiger Global Management on January 17,2023, putting the company’s pre-money valuation at $80 million. Side Door Ventures, Derive Ventures, and MSD Capital also participated in the round. The company is a developer of a brand activation platform designed to create, curate, and launch brand experiences and events.

Strangeworks: The company closed on $14.8 million of an undisclosed targeted amount of venture funding on January 16, 2023. The company is a developer of quantum computing software designed to make quantum computing accessible to everyone.

Riftweaver: The company closed on $12.1 million of an undisclosed targeted amount of venture funding from Griffin Gaming Partners and other undisclosed investors on January 19, 2023. The company is an operator of an independent game studio that makes a digital tabletop roleplaying game.

Rive: The company raised $10 million of Series A venture funding in a deal led by Two Sigma Ventures on January 17, 2023, putting the company’s pre-money valuation at $40 million. The company is a developer of a real-time animation platform designed for applications and games.

Akia: The company raised $6 million of Series A venture funding in a deal led by Altos Ventures on January 19, 2023. The company is a developer of an artificial intelligence-powered hotel messaging platform designed for hotels to engage with their guests.

DAZN Group: The company raised an undisclosed amount of venture funding from Aser Ventures on January 18, 2023. The company is a provider of a global sports streaming service based in Feltham, England.

Visiting Media: The company received an undisclosed amount of development capital from JMI Equity on January 19, 2023. The company is a provider of visual sales and marketing services intended for the hospitality and event industries.

Meltwater / Altor Equity Partners, Marlin Equity Partners: Marlin Equity Partners and Altor Equity Partners have made a NOK 5.8 billion bid through a public-to-private transaction to acquire Meltwater. Altor Equity Partners already owns 12.7 percent of the company and intends to delist the company if the bid goes through. Meltwater NV provides social and media intelligence.

Alteatec / Greentube: The company was acquired by Greentube, a subsidiary of Novomatic, for an undisclosed amount on January 17, 2023. The company is a provider of administration and portal solutions in the iGaming sector

Interstellar TV / Tuesday’s Child: The company was acquired by Tuesday’s Child for an undisclosed amount on January 19, 2023. The company is a producer of TV shows including comedy, reality and entertainment shows in the United Kingdom.

Jonnydepony / Banijay Benelux: The company was acquired by Banijay Benelux, a subsidiary of Banijay Group, for an undisclosed amount on January 19, 2023. The company a scripted content production company based in Groot-Bijgaarden, Belgium.

Magnum Companies / 4Wall Entertainment: The company was acquired by 4Wall Entertainment, via its financial sponsor Odyssey Investment Partners, through an LBO on January 19, 2023 for an undisclosed amount. The company is an entertainment production business that serves the convention, corporate and special events industries as well as local theatres, schools, and dance companies.

Motif App / Mimeo: The company was acquired by Mimeo for an undisclosed amount on January 19, 2023. The company is a developer of a photo book editing application based in Louisiana, United States.

Quordle / Merriam-Webster: The company was acquired by Merriam-Webster for an undisclosed amount on January 20, 2023. The company is an operator of a letter word guessing game based in Springfield, Massachusetts.

Repustate / Sprout Social: The company was acquired by Sprout Social (NAS: SPT) for an undisclosed amount on January 19, 2023. The company is a developer of an all-in-one sentiment analysis platform designed to help small or medium-sized businesses with AI-powered text analytics, multilingual analysis, and enterprise search capabilities.

Salvay / Combined Entity: The company was formed by the merger of CLV Technologies and Reaper Games on January 17, 2023. The company is an operator of a game and software development studio based in Sarasota, Florida.

Soundmouse / Orfium: The company was acquired by Orfium for an undisclosed amount on January 16, 2023. The company is a provider of music cue sheet reporting and audio recognition services based in London, England.

Visual Labs / Versaterm: The company was acquired by Versaterm, via its financial sponsor Banneker Partners, through an LBO on January 19, 2023 for an undisclosed amount. The company is a developer of a smartphone body and dash camera software platform intended for police departments, sheriff’s offices, public venue security, private security firms and others.

WePlay Media / Animoca Brands: The company was acquired by Animoca Brands, via its financial sponsors Temasek Holdings, Mirae Asset Global Investments, Samsung Venture Investment, Sequoia Capital China, 10T Holdings and other investors, through an LBO on January 17, 2023. The company is a developer of mobile games, apps and content for major brands and licensors.

Yapster / Sona.: The company was acquired by Sona. for an undisclosed amount on January 17, 2023. The company is a developer of a mobile messaging application designed to facilitate networking and communication between teams, clients, and customers.