Technology Private Placement and M&A Transactions Review Week Ending July 27, 2025

Reka: The company raised $110 million of venture funding in a deal led by Nvidia and Snowflake on July 22, 2025, putting the company’s pre-money valuation at $890 million. The company is a developer of generative AI large language models designed to create enterprise-grade production models for applications including visual intelligence, web agents, creative tasks, and answering complex factual questions.

GupShup: The company raised $60 million of venture funding through a combination of debt and equity from Globespan Capital Partners and EvolutionX Debt Capital on July 23, 2025. The company is a developer of smart messaging software designed to enhance customer engagement.

Swift Navigation: The company raised $50 million of Series E venture funding in a deal led by Crosslink Capital on July 23, 2025. GM Ventures, TELUS Global Ventures, Shea Ventures, Venture Lab Niterra Group, EnerTech Capital, GRIDS Capital, Evolution, Pegasus Tech Ventures, Essentia Ventures, First Round Capital, New Enterprise Associates, Eclipse Ventures, EPIQ Capital Group, Potentum Partners and Alvarium Tiedemann also participated in the round. The company is a developer of a global positioning system designed to offer automated navigation for autonomous applications.

xLight: The company raised $40 million of Series B venture funding in a deal led by Playground Global on July 22, 2025. Morpheus Ventures, IAG Capital Partners, Marvel Capital, and Boardman Bay Capital Management also participated in the round. The company is a developer of advanced light sources designed for semiconductor manufacturing.

Rune Technologies: The company raised $24 million of Series A venture funding in a deal led by Human Capital on July 21, 2025, putting the company’s pre-money valuation at $103 million. Point72 Ventures, XYZ Venture Capital, Andreessen Horowitz, Forward Deployed VC, Pax VC, Washington Harbour, and other undisclosed investors also participated in the round. The company is a developer of a defense technology platform designed to optimize logistics and sustainment operations for the military.

Mem0: The company raised $23.9 million of venture funding from undisclosed investors on July 24, 2025. The company is a developer of memory infrastructure for large language model applications designed for improving personalization, efficiency, and context retention.

4screen: The company raised $21 million of Series B venture funding in a deal led by NewRoad Capital Partners and Bosch Ventures on July 22, 2025. Bayern Kapital, Mark Grether, and other undisclosed investors also participated in the round. The company is a developer of an automotive driver interaction platform that connects businesses with drivers in real-time through the car screen. 4screen leverages data from connected cars to offer personalized, on-route recommendations for nearby businesses and services.

Kadence: The company raised $20 million in Series A venture funding in a deal led by High Alpha on July 22, 2025, putting the company’s pre-money valuation at $50 million. Midwich Group, Kickstart (US), Manta Ray Ventures, 515 Ventures, Four Cities Capital, and other undisclosed investors also participated in the round. The company is a developer of a workplace management platform designed to optimize workspace utilization and foster collaboration across distributed teams.

daydream: The company raised $16.6 million of venture funding from undisclosed investors on July 21, 2025. The company is a developer of an artificial intelligence-driven search engine optimization (SEO) platform designed to offer product-led, programmatic, editorial, and generative engine optimization strategy and execution.

Scrunch AI: The company raised $15 million of Series A1 venture funding in a deal led by Decibel Partners on July 22, 2025, putting the company’s pre-money valuation at $62 million. Mayfield Fund, Homebrew, Jetstream (San Francisco) and other undisclosed investors also participated in the round. The company is a developer of a brand intelligence platform designed to improve how companies are perceived and surfaced by AI agents.

Diode Computers: The company raised $14.5 million in Series A venture funding in a deal led by Andreessen Horowitz on July 23, 2025, putting the company’s pre-money valuation at $76.5 million. Soma Capital, Vento, Caffeinated Capital, and BoxGroup also participated in the round. The company is a developer of an AI-based manufacturing software designed to automate hardware designing.

Spaceflux: The company raised GBP 5.4 million of venture funding in a deal co-led by UK Innovation & Science Seed Fund, Foresight Group and Blackfinch Ventures on July 24, 2025. Seraphim Space also participated in the round. The company is an operator of a space technology firm intended to address space congestion and enhance space situational awareness.

Magentic: The company raised $5.5 million of venture funding in a deal led by Sequoia Capital on July 22, 2025. The Westly Group, First Momentum Ventures, and other undisclosed investors also participated in the round. The company is a developer of an AI digital worker software designed to assist supply chain and procurement teams.

Milvus Robotics: The company raised $5.5 million of venture funding in a deal led by Türk Telekom Ventures and AK Asset Management on July 21, 2025. APY Ventures, Turkey Development Fund, Maxis Private Equity Portfolio Management, Inveo Ventures and other undisclosed investors also participated in the round. The company is a developer of autonomous, mobile robots designed for the intralogistics environment.

German Bionic: The company raised an undisclosed amount of venture funding from KULR Technology on July 23, 2025. The company is a manufacturer of exoskeletons intended to increase efficiency and productivity in industrial processes.

Kong Studios: The company raised an undisclosed amount of venture funding from Blocore, Wonik Investment Partners and SV Investment on July 21, 2025. Atinum Investment, Smilegate Investment, Daesung Private Equity, Kona Investments, DSC Investment, Ken Hyunjoong Kim, and other undisclosed investors also participated in the round. The company is a developer of mobile adventure RPGs, particularly Guardian Tales, and is focused on creating immersive gaming experiences with strong narratives and engaging gameplay.

FARO Technologies / AMETEK: The company was acquired by AMETEK for $920 million on July 21, 2025 through a public-to-private transaction. Faro Technologies Inc is a technology company that designs, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets.

Eleventh Hour Games / Krafton: The company reached a definitive agreement to be acquired by Krafton for JPY 132 billion on July 25, 2025. The company is a game development studio, known for creating the action RPG Last Epoch.

Narda-MITEQ / Amphenol: The company was acquired by Amphenol for $300 million on July 23, 2025. The company is a designer and manufacturer of custom radiofrequency, microwave subsystems and components intended for defense and commercial end markets.

Affinaquest / Kindsight: The company was acquired by Kindsight, via its financial sponsor Incline Equity Partners, through an LBO on July 24, 2025 for an undisclosed amount. The company is a developer of cloud-based relationship management software intended to serve collegiate athletics, higher education and nonprofit organizations.

Alteia / GE Vernova: The company reached a definitive agreement to be acquired by GE Vernova for an undisclosed amount as of July 21, 2025. The company is a developer of a visual intelligence platform designed to provide enterprise artificial intelligence applications.

Bee AI / Amazon.com: The company was acquired by Amazon.com for an undisclosed amount on July 22, 2025. The company is a developer of a wearable personal assistant device that can summarize conversations, manage tasks, and offer reminders.

Deasy Labs / Collibra Belgium: The company was acquired by Collibra for an undisclosed amount on July 24, 2025. The company is a developer of a data governance platform designed to ensure metadata security for language model applications.

Digimondo / Janitza electronics: The company was acquired by Janitza electronics for an undisclosed amount on July 23, 2025. The company is a developer of Internet of Things (IoT) infrastructure software designed for scalable digitalization and integration.

ESA Technologies / Ibanera: The company was acquired by Ibanera for an undisclosed amount on July 22, 2025. The company is a developer of customized mobile application development solutions intended to serve sports organizations across Latin America.

Grupo NGN / White Label Communications: The company, a subsidiary of Siemens, was acquired by White Label Communications, via its financial sponsors Fidus Capital, Incline Equity Partners and Fidus Partners, through an LBO on July 22, 2025 for an undisclosed amount. The company is a developer of an intelligent omnichannel contact center platform intended to enhance the experiences of both customers and agents by empowering staff with artificial intelligence.

Lalaland / Browzwear: The company was acquired by Browzwear, via its financial sponsors Radian Capital and Closed Loop Partners, through an LBO on July 25, 2025 for an undisclosed amount. The company is a developer of an artificial intelligence-based fashion model platform designed to generate customized digital avatars, to streamline the design-to-wholesale process, and reduce the need for photoshoots.

Trieve / Mintlify: The company was acquired by Mintlify for an undisclosed amount on July 24, 2025. The company is a developer of an AI-based infrastructure development platform designed for the retrieval and ranking of tasks.