Technology Private Placement and M&A Transactions Review Week Ending July 23, 2023

Monumental Sports & Entertainment: The company received $202.5 million of development capital from Qatar Investment Authority on July 10, 2023. The company is an operator of a sports and entertainment company in Washington which owns and operates seven professional and amateur team franchises, six venues and two media networks, together with additional assets.

o9 Solutions: The company received $116 million of development capital from BeyondNetZero, Kohlberg Kravis Roberts, Generation Investment Management and General Atlantic on July 19, 2023. The company is a developer of a cloud-based business planning and management platform intended to transform enterprise decision-making.

HawkEye 360: The company raised $58 million of Series D venture funding in a deal led by BlackRock on July 13, 2023, putting the company’s pre-money valuation at $900 million. NightDragon, Insight Partners, Alumni Ventures, Razor’s Edge Ventures, Manhattan Venture Partners, Tawazun Strategic Development Fund, and Adage Capital Management also participated in the round. The company is a developer of a data analytics platform designed to identify, process, and geolocate a broad set of radio frequency signals.

Descript: The company raised $53.7 million of Series C venture funding in a deal led by OpenAI Startup Fund on July 13, 2023. Andreessen Horowitz, Spark Capital, Redpoint ventures, Daniel Gross and Todd and Rahul’s Angel Fund also participated in the round. The company is a developer of a collaborative editing platform for media creation.

Verity: The company raised CHF 43 million of Series B venture funding in a deal led by A.P. Moller Holding on July 11, 2023. Airbus Ventures, Sony Innovation Fund, Qualcomm Ventures, Exor, Fontinalis Partners, ROBO Global Index, and Verve Ventures also participated in the round. The company is a manufacturer of autonomous indoor drone systems intended to acquire information from anywhere in an indoor space for inventory control automation.

Virtualitics: The company raised $41.2 million of Series C venture funding from Citigroup and other undisclosed investors on July 14, 2023, putting the company’s pre-money valuation at $100 million. The company is a developer of an advanced analytics platform for making business decisions

Hightouch: The company raised $38 million of venture funding in a deal led by Bain Capital Ventures on July 19, 2023, putting the company’s pre-money valuation at $577 million. Amplify Partners, ICONIQ Growth and Y Combinator also participated in the round. The company is a developer of a data activation platform designed to sync customer data across sales and marketing tools.

Invgate: The company raised $35 million of venture funding in a deal led by Riverwood Capital on July 12, 2023. Endeavor Global also participated in the round. The company is a developer of web-based enterprise software designed for the management of IT and the delivery of internal business services.

Certa: The company raised $33.6 million in Series B venture funding from undisclosed investors on July 12, 2023, putting the company’s pre-money valuation at $70 million. The company is a developer of an operational management platform intended to help with third-party workflow optimization.

Simbe: The company raised $29.1 million of Series B venture funding in a deal led by Eclipse Ventures on July 13, 2023. SOSV, 10X Capital, Hax, Hemisphere Ventures, Eastward Capital Partners, Duncan Turner, Ryan Gembala, Todd Earwood and Jeremy Conrad also participated in the round. The company is a developer of a robot designed to automate retail store operations.

Kolena: The company raised $18.1 million of Series A venture funding from Bloomberg Beta, SaxeCap and AIX Ventures on July 17, 2023, putting the company’s pre-money valuation at $30 million. SignalFire, Scale Asia Ventures, Octave (San Francisco), Zero Prime Ventures, 11.2 Capital, Palumni VC, Shivani Torres, Robert Yan and Vu Pham also participated in the round. The company is a developer of a machine learning testing and analytics platform designed for quality assurance of machine learning and related software.

Nomic AI: The company raised $17 million of venture funding in a deal led by Coatue Management on July 13, 2023, putting the company’s pre-money valuation at $83 million. Contrary Capital and Betaworks Ventures also participated in the round. The company is an operator of an information cartography company intended to create fine rhizomatic instruments

AGII: The company raised $15 million of venture funding from undisclosed investors on July 14, 2023. The company is a developer of AI-powered platform designed for content generation in the Web3 era.

Greenfly: The company raised $12.1 million of venture funding from YNN Ventures and Go4it Capital Partners and other undisclosed investors on July 17, 2023. The company is a developer of a digital media platform designed to facilitate consumer engagement through content distribution.

Komi: The company raised $12 million of Series A venture funding in a deal led by Contour Venture Partners, RTP Global and Antler on July 18, 2023. Sony Music Entertainment, Live Nation Middle East FZ, Vicus Ventures, and Laffitte Capital Management also participated in the round. The company is a developer of a social discovery platform that empowers creators around the world to maximize their commercial potential by providing creators a digital storefront and tooling needed to maximize the value of their online presence.

GGWP: The company raised $10 million of venture funding from Samsung Venture Investment and SK Telecom Americas on July 19, 2023. The company is a developer of an artificial intelligence powered gaming moderation platform designed to detect disruptive behavior and automatically respond to incidents and player reports.

Polar Analytics: The company raised $9 million of Series A venture funding in a deal led by Point Nine Capital on July 18, 2023. First Capital and other undisclosed investors also participated in the round. The company is a developer of a SaaS-based multichannel analytics platform designed to to connect all marketing data, easily analyze the data and generate actionable insights.

Resemble AI: The company raised $8 million of Series A venture funding in a deal led by Javelin Venture Partners on July 12, 2023. Comcast Ventures, Craft Ventures, Ubiquity Ventures, and Qasar Younis also participated in the round. The company is a developer of voice cloning technology designed to produce realistic synthetic voices that capture human emotion.

Puloli: The company raised an estimated $5 million of Series A venture funding from Artemis Energy Partners and other undisclosed investors on July 11, 2023, putting the company’s pre-money valuation at $7 million. The company is a provider of network management services intended to offer a full turn-key private IoT system.

Mad Street Den: The company raised an undisclosed amount of venture funding from FedEx Innovation Lab on July 12, 2023. The company is a developer of a cloud-based artificial intelligence platform designed to build models of generalizable intelligence and create actionable ways to contextualize AI at scale.

SKAIVision: The company announced it will raise an undisclosed amount of Series A venture funding as on July 10, 2023. The company is a developer of an artificial intelligence-enabled visual platform designed to offer video intelligence to drive process improvement and transparency.

Scopely / Savvy Games Group: The company was acquired by Savvy Games Group, via its financial sponsor Saudi Arabia’s Public Investment Fund, through a $4.9 billion LBO on April 5, 2023 for an undisclosed amount. The company is a developer of an interactive entertainment platform intended to create and publish a diverse portfolio of immersive content.

MosaicML / Databricks: The company was acquired by Databricks for $1.3 billion on July 20, 2023. The company develops software infrastructure and artificial intelligence training algorithms designed to improve the efficiency of neural networks.

CoinDesk / Capital6 & Tally Capital: The company entered a definitive agreement to be acquired by Tally Capital, Capital6, and other undisclosed investors through a $125 million LBO on on July 20, 2023. The company operates a media platform intended to offer news, insights, and analysis of the technologies reshaping money and commerce.

Toon Boom Animation / Integrated Media Company: The company entered into a definitive agreement to be acquired by Integrated Media Company through a $111.7 million LBO on July 13, 2023. The company is a developer of storyboarding and animation software designed to provide artistic freedom and production efficiency.

Blackmeal / Main Avenue: The company was acquired by Main Avenue Group for an undisclosed amount on July 14, 2023. The company is an operator of a creative and motion design studio based in Paris, France.

EasyMovie / Cenareo: The company was acquired by Cenareo for an undisclosed amount on July 10, 2023. The company is a developer of a video creation platform designed to create professional-quality videos.

Fanhouse / Passes: The company was acquired by Passes for an undisclosed amount on July 13, 2023. The company is a developer of a social platform built to connect content creators with their top fans.

Moogsoft / Dell Technologies: The company reached a definitive agreement to be acquired by Dell Technologies for an undisclosed amount on July 19, 2023. The company is a developer of an AI-driven incident management platform that provides intelligent monitoring solutions for smart DevOps through an advanced cloud-native platform for software engineers, developers, and operators.

Notorious DIT / Molinare TV & Film: The company was acquired by Molinare TV & Film, via its financial sponsors, Next Wave Partners and Saphir Capital Partners, for an undisclosed amount through an LBO on July 13, 2023. The company is an operator of a design integrated technology (DIT) firm intended to serve the television and movie industries.

Thankful / Gladly: The company was acquired by Gladly for an undisclosed amount on July 13, 2023. The company develops artificial intelligence customer service software designed to route, assist, translate and fully resolve customer queries.

Venuelytics / Sojern: The company was acquired by Sojern for an undisclosed amount on July 11, 2023. The company is an operator of a guest analytics platform intended to offer integrated real-time entertainment and venue experience services.