Technology Private Placement and M&A Transactions Review Week Ending July 20, 2025

CityFibre: The company is reportedly seeking EUR 500 million of development capital from Antin Infrastructure Partners, Goldman Sachs Asset Management, Invest AD, Mubadala Investment Company and Interogo Holding as of March 1, 2025. The company is an operator of an independent full fiber infrastructure platform and supplier of fiber optic equipment intended to serve service integrators, enterprise, and consumer service providers and mobile operators.

Perplexity AI: The company raised $600 million of Series E venture funding from Accel Management Company, Small World Capital and other undisclosed investors on July 18, 2025, putting the company’s pre-money valuation at $17.4 billion. The company is a developer of AI-powered information discovery tools designed for answering questions and exploring topics.

Lovable: The company raised $200 million of Series A venture funding in a deal led by Accel Management Company on July 17, 2025, putting the company’s pre-money valuation at $1.6 billion. byFounders, Hummingbird Ventures, Creandum, Visionaries Club, Pledge Ventures, Paul Copplestone, and 20VC also participated in the round. The company is a developer of an AI-powered platform that enables users to build applications and software products without needing extensive coding skills.

Base Boy Entertainment: The company raised $110 million of venture funding from undisclosed investors on July 17, 2025. The company is a developer of an entertainment platform focused on identifying and developing talented individuals in various creative fields.

Boulevard: The company raised $80 million of Series D venture funding in a deal led by JMI Equity on July 17, 2025, putting the company’s pre-money valuation at $720 million. Ludlow Ventures, Bonfire Ventures, Index Ventures, VMG Partners and The Box Group also participated in the round. The company is a developer of a business management platform focusing on appointment-based, self-care practices.

Xtend Defense: The company raised $70 million of Series B venture funding in a deal led by The Chartered Group, Protego Ventures and Aliya Capital Partners on July 15, 2025. ClalTech, Matzliach Capital, Other People’s Capital, ENKORE International Enterprises, TAU Ventures, NFX, Union Tech Ventures, Cadron Capital Partners, Mana Ventures, Lorie&co & Octant Ventures also participated in the round. The company is a developer of autonomous drone systems designed to perform accurate maneuvers and actions in outdoor and indoor environments.

BrightAI: The company raised $51.2 million of Series A venture funding in a deal led by Inspired Capital (New York) and Khosla Ventures on July 18, 2025, putting the company’s pre-money valuation at $213.8 million. BoxGroup, Rsquared, Cooley, VSC Ventures, Marlinspike and other undisclosed investors also participated in the round. The company is a developer of an autonomous infrastructure intelligence designed to transform critical infrastructure management by replacing outdated reactive practices with proactive AI-driven operations.

GeologicAI: The company raised $44 million of Series B venture funding in a deal led by Blue Earth Capital on July 17, 2025. BHP Ventures, Rio Tinto, Breakthrough Energy and other undisclosed investors also participated in the round. The company is a developer of a cloud-based platform designed to host, visualize, and analyze geological, production, and other oil and gas data.

NetBox Labs: The company raised $35 million of Series B venture funding in a deal led by NGP Capital on July 14, 2025. International Business Machines, Salesforce Ventures, Sorenson Capital, Headline, Notable Capital, Mango Capital, Flybridge (New York) and Two Sigma Ventures also participated in the round. The company is an operator of a cloud-based platform intended to simplify and accelerate network automation.

Felt: The company raised $15 million of Series A venture funding in a deal led by Energize Capital on July 15, 2025, putting the company’s pre-money valuation at $53 million. Bain Capital Ventures, Footwork and other undisclosed investors also participated in the round. The company is a developer of a collaborative mapping tool that simplifies the process of creating, editing, and sharing maps online.

Lyzr: The company closed on $15 million of an undisclosed targeted amount of Series A venture funding in a deal led by Peak XV Partners on July 14, 2025. The company is a developer of an agent infrastructure platform designed for building reliable AI Agents for data analysis and decision-making purposes.

Tavrn: The company raised $15 million of Series A venture funding in a deal led by Left Lane Capital on July 15, 2025. Hummingbird Ventures, A* and BoxGroup also participated in the round. The company is a developer of artificial intelligence-based medical chronologies and demand letters designed to streamline the process of medical record summarization for attorneys.

Heka Global: The company raised $14 million of Series A venture funding in a deal led by Windare Ventures on July 15, 2025. Cornèr Banca, Barclays and other undisclosed investors also participated in the round. The company is a developer of external customer intelligence technology designed to enhance decision-making in financial services.

SuperAnnotate: The company raised $13 million of Series B venture funding in a deal led by Dell Technologies Capital on July 15, 2025. The company is a developer of an artificial intelligence-based annotation software designed to annotate, train, and automate machine learning pipelines.

Balcony: The company raised $5.7 million of venture funding in the form of SAFE notes from at.inc/, G2 Momentum Capital and Christian Connors on July 16, 2025. The company is a developer of a SaaS location-aware messaging technology for real-time communication between decision-makers and field personnel.

Kaleidoscope: The company raised $5 million of Series A venture funding in a deal led by North Base Media and Burda Principal Investments on July 14, 2025. The Raine Group, Tom Freston and Nimble Ventures also participated in the round. The company is a New York-based podcast studio and network specializing in science, tech, and culture.

Indify: The company raised an undisclosed amount of venture funding from Nebula17 on July 15, 2025. The company is a developer of a platform that enables promising artists to receive the funding they need to grow their careers without a traditional record deal.

Sidekick Labs: The company raised an undisclosed amount of venture funding from Altos Ventures, JHA Capital and Foresight Ventures (Singapore) on July 14, 2025. MT Capital also participated in the round. The company is an operator of an online gaming hub intended to provide gamers with a comprehensive platform to play video games, participate in tournaments, and connect with other gamers.

Synapticon: The company raised an undisclosed amount of venture funding from Maxon Group on July 15, 2025. The company is a developer of intelligent drive and safety technologies for robotics and mechanical engineering.

TigerGraph: The company received an undisclosed amount of development capital from Cuadrilla Capital on July 15, 2025. The company is a developer of a real-time graph database platform designed to power deep link analytics for enterprises.

Veloce Media Group: The company raised an undisclosed amount of venture funding from Lottery.com on July 17, 2025, putting the company’s pre-money valuation at GBP 40 million. The company is an operator of a decentralized gaming and sports media platform.

Reorganized ISA / SES: The company was acquired by SES for $3.1 billion on July 17, 2025. The company is an operator of an integrated satellite and terrestrial network providing communications services for telecommunications operators, media companies, and internet service providers.

Adelicious / Audioboom Group: The company reached a definitive agreement to be acquired by Audioboom Group for GBP 10 million on July 16, 2025. The company is an operator of an advertising, podcasting and media entertainment platform based in Bristol, United Kingdom.

B2B Rocket / Blackpearl Group: The company reached a definitive agreement to be acquired by Blackpearl Group for $13 million on July 14, 2025. The company is a developer of AI-based lead generation software designed for automatic monthly appointment scheduling in a sales pipeline.

4BiddenKnowledge TV / Sibannac: The company reached a definitive agreement to be acquired by Sibannac, a subsidiary of Imbutek Holdings, for an undisclosed amount on July 15, 2025. The company is an operator of a media and entertainment business focused on history, science, and spirituality.

Ambassador / Gravitee: The company was acquired by Gravitee for an undisclosed amount on July 15, 2025. The company is a developer of code deployment software designed to provide microservice development tools.

Endeavor Streaming / Deltatre: The company, a subsidiary of Endeavor Group Holdings, entered into a definitive agreement to be acquired by Deltatre, via its financial sponsors Ergo Partners, Bain Capital and Nextalia SGR, through an LBO on July 15, 2025 for an undisclosed amount. The company is a provider of internet-video streaming and video-compression services intended to deliver live and on-demand entertainment content.

Fire Pit Productions / Kemper Sports Management: The company was acquired by Kemper Sports Management, via its financial sponsors Fiume Capital and LNC Partners, through an LBO on July 16, 2025 for an undisclosed amount. The company is a developer of a golf media and content platform.

Glorify / Leadpages: The company was acquired by Leadpages, a subsidiary of Redbrick (Victoria), for an undisclosed amount on July 16, 2025. The company is a developer of a design software app that creates professional social media posts, ads, logos, infographics, presentations, and mock-ups.

Koala / Anysphere: The company was acquired by Anysphere for an undisclosed amount on July 19, 2025. The company is a developer of a customer relationship management platform designed to track marketing websites.

Optelos / Mitchell Capital: The company was acquired by Mitchell Capital through an LBO on July 14, 2025 for an undisclosed amount. The company is a developer of data management and analytics software designed to manage visual data received through drones.

Redeam / Travel Curious: The company was acquired by Travel Curious for an undisclosed amount on July 17, 2025. The company is an operator of an electronic ticketing platform focused on the tours, attractions, and activities sector.

Retina / Onar: The company reached a definitive agreement to be acquired by Onar for an undisclosed amount on July 17, 2025. The company is a developer of a predictive customer intelligence platform designed to offer data-driven business monitoring insights.

Whistle Systems / One10: The company was acquired by One10, via its financial sponsor Bow River Capital through an LBO on July 16, 2025 for an undisclosed amount. The company is a developer of an employee loyalty platform designed to focus on rewards and recognition using patent-pending digital wallet technology.

Windsurf / Cognition: The company reached a definitive agreement to be acquired by Cognition for an undisclosed amount on July 14, 2025. The company is a developer of a deep learning acceleration platform designed to simplify and accelerate complex artificial intelligence workloads.