Technology Private Placement and M&A Transactions Review Week Ending January 8 2023

Chronosphere: The company raised $100 million of venture funding from GV and Alphabet on January 6, 2023. The company is a developer of a scalable cloud-native monitoring tool designed to eliminate the cognitive load of monitoring infrastructure and tracking data locality.

Mad Mobile: The company raised $20 million of venture funding from Eastward Capital Partners on January 5, 2023. The company is an operator of a point-of-sale modernization platform intended for restaurants and retail.

Forj: The company raised $15 million of Series A venture funding in a deal led by Plymouth Growth on January 6, 2023. Baird Capital and Gary Comer also participated in the round. The company is a developer of a virtual event platform designed to enable exhibitors to share product demos, videos, and downloadable content.

Worlds: The company raised $14.5 million of Series A2 venture funding led by Moneta Ventures with existing investors Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, Perot Jain and Capital Factory on January 3, 2023. The company is a developer of an AI technology platform intended for measuring, improving, and building AI-based automation into the ground floor operations of supply chain companies.

LF Intelligence: The company raised CNY 60 million of venture funding from IMO Ventures, XVC and Unicorn Hunter Ventures on January 5, 2023. Yinji Ventures, Welight Capital and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence lawn care robot headquartered in Pennsylvania, United States.

Mediarithmics: The company raised EUR 7 million of venture funding in a deal led by Bleu Capital and Spring Invest on January 3, 2023. Jaina Capital, Ventech, Adelie, and Seventure Partners also participated in the round. The company is a developer of data marketing platform intended to develop creative and analytical advertising strategies.

Soil Connect: The company raised $5.58 million of venture funding from undisclosed investors on January 5, 2023. The company is an operator of a digital marketplace intended to solve high costs and inefficiencies associated with the transport and management of soil, aggregates, and other materials.

DecisionNext: The company raised $5.09 million through the combination of Series A-6, Series A-7, and Convertible Notes and Warrants from undisclosed investors on January 6, 2023. The company is a developer of a cloud-based platform designed to optimize end-to-end performance using predictive analytics.

Brown Girl Media: The company raised an undisclosed amount of venture funding from New Orleans Startup Fund in approximately January 2023. The company is an operator of a digital company intended for creating media and content-related videos.

Teraki: The company raised an undisclosed amount of venture funding from Renew Capital on January 4, 2023. The company is a developer of an artificial intelligence and edge processing platform intended to meet data analytics demand for new applications in the automotive industry.

Adara / RateGain Technology: The company reached a definitive agreement to be acquired by RateGain Technology for $16.1 million on January 3, 2023. The company is a developer of an online audience targeting platform designed to offer actionable insights to help guide business planning.

Captured Dimensions / Gearbox Software: The company was acquired by Gearbox Software, a subsidiary of Embracer Group, for an undisclosed amount on January 4, 2023. The company is a provider of 3D scanning services intending to enhance the highest quality 3D capture technology.

ConnectM / Monterey Capital Acquisition: The company reached a definitive agreement to Monterey Capital Acquisition through a reverse merger, resulting in the combined entity trading on the NASDAQ under the ticker symbol MCAC on January 3, 2023. The company is a developer of a machine-to-machine platform designed to bring remote efficiency, insight, and control to the operations of mechanical equipment.

Curve Royalty Systems / Downtown Music Publishing: The company was acquired by Downtown Music Publishing, via its financial sponsor SilverHaze Partners, through an LBO on January 5, 2023 for an undisclosed amount. The company is a developer of music royalty software designed to deal with the scale and demands of music businesses in the digital age.

Digital Gaming / Super Group: The company was acquired by Betway, a subsidiary of Super Group (Guernsey) for an undisclosed amount on January 3, 2023. The company is a developer of gaming software designed to offer cutting-edge adaptable software to drive a multi-channel gaming world.

GillespieHall / Slice Communications: The company was acquired by Slice Communications for an undisclosed amount on January 4, 2023. The company is a provider of public relations, branding and marketing services based intended for the success of organizations from across the business, science, service, arts, education and nonprofit sectors.

Myst AI / Snowflake: The company reached a definitive agreement to be acquired by Snowflake for an undisclosed amount on January 4, 2023. The company is a developer of AI-based data analysis techniques designed to help electricity companies with accurate time series forecasts to enhance profitability and reduce risk.

Qeexo / TDK: The company reached a definitive agreement to be acquired by TDK for an undisclosed amount on January 4, 2023. The company is a developer of a machine learning development platform designed to make mobile devices user-friendly.

Rushworks / Enco Systems: The company was acquired by Enco Systems for an undisclosed amount on January 3, 2023. The company is a developer of media and automation technology solutions catering to the broadcast and professional AV markets.

Skybox Labs / NetEase: The company was acquired by NetEase for an undisclosed amount on January 6, 2023. The company is an operator of a game development studio intended to partner with leading game publishers to produce attractive AAA titles.

Yieldify / Publicis Groupe: The company was acquired by Publicis Groupe for an undisclosed amount on January 5, 2023. The company is a developer of predictive marketing technologies designed to help websites make every interaction count.