Technology Private Placement and M&A Transactions Review Week Ending June 11, 2023

Cohere: The company raised $270 million of Series C venture funding in a deal led by Inovia Capital on June 8, 2023, putting the company’s pre-money valuation at $1.75 billion. Nvidia, Salesforce Ventures, Oracle, SentinelOne, Thomvest Ventures, Index Ventures, Alphabet, DTCP, Mirae Asset Wealth Management and Schroders Capital also participated in the round. The company is a developer of a natural language processing software designed to build machines that understand the world and to make them safely accessible to all.

Granica: The company raised $45 million of Series A venture funding in a deal led by New Enterprise Associates and Bain Capital Ventures on June 8, 2023. Original Capital, Abstract Ventures, K9 Ventures, Deepak Ahuja, Kevin Hartz and Frederic Kerrest also participated in the round. The company is a developer of an artificial intelligence efficiency platform designed to create cutting-edge and enterprise-ready AI infrastructure services.

MatrixSpace: The company raised $18.6 million in Series A venture funding in a deal led by Raptor Group on June 7, 2023, putting the company’s pre-money valuation at $31.5 million. Intel Capital and other undisclosed investors also participated in the round. The company is a developer of AI-enabled, real-time edge-based sensing technology intended to sense and detect objects, motion, and direction in any situation.

UtilizeCore: The company raised $16.7 million through a combination of debt, and Series A venture funding from Boldstart Ventures, Mana Ventures and Firstmark on June 5, 2023, putting the company’s pre-money valuation at $40 million. Joe Osnoss, Kearny Jackson, Lee Feldman, Daniel Ciporin and Robert Harteveldt also participated in the round. The company is an operator of a cloud-based service management automation platform intended to simplify integrated property and subcontractor management.

oneNav: The company raised $16.1 million of Series C venture funding from undisclosed investors on June 7, 2023. The company is a developer of a mobile positioning system designed for smartphones, wearables, and IoT tracking devices.

Julia Computing: The company raised $12.9 million of Series A1 venture funding from undisclosed investors on June 6, 2023, putting the company’s pre-money valuation at $170 million. The company is a developer of an open-source language software designed to make programming language less challenging to deploy, use, and scale.

HyperPlay: The company raised $12 million of Series A venture funding in a deal led by Griffin Gaming Partners and BITKRAFT Ventures on June 8, 2023. ConsenSys, Delphi Digital, Game7DAO, Ethereal Ventures, Mirana Ventures and Monoceros Venture also participated in the round. The company is a developer of a web3 game launcher intended to bring all games from various stores to one application.

Tifin AMP: The company raised $10 million of Series A venture funding in a deal led by Motive Partners on June 8, 2023. Tifin also participated in the round. The company is a developer of an integrated AI platform intended to distribute marketing, data science, and sales enablement capabilities.

Impact Analytics: The company raised an undisclosed amount of venture funding from Vistara Growth on June 5, 2023. The company is a developer of AI-driven business intelligence and insights software intended for uniting artificial intelligence with human validation.

Zoomph: The company received an undisclosed amount of development capital from Jurassic Capital, Lalotte Ventures and other undisclosed investors on June 6, 2023. The company is a provider of social media engagement and analytics intended to serve brands, leagues and sports teams.

Voo / Orange Belgium: The company was acquired by Orange Belgium, a subsidiary of Orange, for EUR 1.3 billion on June 5, 2023. The company is a provider of telecommunication and television broadcasting services intended to feature drama, soaps, comedy, children’s programs and films in Belgium.

Athlos Game Technologies / Tourbillon Group UK: The company, a subsidiary of Gfinity was acquired by Tourbillon Group UK for an undisclosed amount on June 6, 2023. The company is a developer of gaming technologies intended to serve gamers with gaming platforms and leagues.

Bento / Linktree: The company was acquired by Linktree for an undisclosed amount on June 5, 2023. The company is a developer of a creator collaboration platform designed to empower creators.

Frame Platform / Dizzion: Dizzion, a provider of Desktop as a Service (DaaS) and Composable Digital Workspaces, announced the closing of the acquisition of the Frame business unit from Nutanix, via its financial sponsor LLR Partners, through an LBO on June 6, 2023 for an undisclosed amount. The company is a developer of a cloud-based platform designed to stream applications and desktops to web browsers, transforming Windows apps into Web apps.

Gaming Guardians / RightBridge Ventures: The company was acquired by RightBridge Ventures, a subsidiary of Abelco, for an undisclosed amount on June 9, 2023. The company is a developer of a gaming community platform.

iFeelSmart / Wyplay: The company was acquired by Wyplay for an undisclosed amount on June 5, 2023. The company is a developer of advanced user experience (UX) and viewer interface technology designed for set-top box and multiscreen applications.

Karga Seven Pictures / Chernin Entertainment: The company, a subsidiary of Seven.One Studios, was acquired by Chernin Entertainment, via its financial sponsors Providence Equity Partners and Qatar Investment Authority, through an LBO on June 6, 2023 for an undisclosed amount. The company is a producer of movies and television shows based in Los Angeles, California.

Mira / Apple: The company was acquired by Apple for an undisclosed amount on June 6, 2023. The company is a developer of a mobile augmented reality platform intended to provide industrial-grade wearables and hands-free software technologies to clients.

RunYourPool / Splash Sports: The company was acquired by SplashSports for an undisclosed amount on June 5, 2023. The company is a developer of a game hosting application designed for multiple sports.