Strategy | Financing Highlight

Private Placement / Financing Transactions

nfinite: The company raised $100 million of Series B venture funding led by Insight Partners on June 6, 2022. The company is a developer of a cloud and AI-based 3D visualization software designed for product merchandising.

HYCU: The company raised $53 million of Series B venture funding in a deal led by Acrew Capital on June 9, 2022. Atlassian Ventures, Cisco Investments and Bain Capital Ventures also participated in the round. The company is a developer of multi-cloud data management software specializing in multi-cloud data backup and recovery as a service.

Magical: The company raised $35 million of Series A venture funding in a deal led by Coatue Management on June 6, 2022. Blank Ventures, BoxGroup, Greylock Partners, Bain Capital Ventures, Lightspeed Venture Partners, and other investors also participated in the round. The company is a developer of text expander software designed to perform repetitive tasks.

CreativeX: The company raised $25 million of Series B venture funding from Conviction Investment Partners, Beringea, Guggenheim Investments, and other undisclosed investors on June 7, 2022, putting the company’s pre-money valuation at $110 million. The company is a developer of a creative measurement platform designed for visual marketing to understand why and which visuals drive results.

Gantry: The company raised $23.9 million of Series A venture funding in a deal led by Coatue Management and Amplify Partners on June 7, 2022. Index Ventures, South Park Commons, GTMFund, Mantis VC, Greg Brockman, Pieter Abbeel and other undisclosed investors also participated in the round. The company is a developer of a software development platform designed to improve machine learning products with analytics, alerting, and human feedback.

Lily AI: The company raised $23.8 million of venture funding from undisclosed investors on June 9, 2022. The company is a developer of a platform for understanding customer context and intent to drive increased conversion, larger order sizes and an improved e-commerce experience.

/talk: The company raised $23.5 million of venture funding from undisclosed investors on June 8, 2022. The company is a developer of a tool designed for fast and decentralized conversations that do not involve conventional meetings.

Zello: The company raised $20 million in debt and Series A venture funding in a deal led by Virgo Capital and Recurring Capital Partners on June 8, 2022. The company is a developer of a walkie-talkie-style push-to-talk application for iOS, Android, WP8, Blackberry, and Win PCs designed to let people have instant conversations and stay connected.

Sensel: The company raised $18.8 million of Series B venture funding in a deal led by Global Lighting Technologies on June 9, 2022. Lenovo and Techlink Ventures also participated in the round. The company is a developer of pressure-sensitive touchpad devices designed to translate user intentions in expressive and intuitive ways.

BibliU: The company raised $15 million of Series B venture funding in a deal led by Richard Hill on June 8, 2022. Guinness Ventures, Oxford Science Enterprises, Nesta, and Stonehage Fleming Family & Partners also participated in the round. The company is a developer of an educational content management platform designed to improve textbooks and make student learning productive.

Vybe Network: The company raised $10.5 million of Series A venture funding in a deal led by FTX on June 7, 2022. Serum, Contango Holdings, Cleardebt Group, Tess Ventures, Sino Global Capital, Canonical Crypto, Staking Facilities Venture and PANONY also participated in the round. The company is a developer of data infrastructure solution designed to resolve the query, index, and exchange of on-chain data to build Web3.

SuperTeam Games: The company raised $10 million of venture funding in a deal led by Griffin Gaming Partners on June 9, 2022. Powerhouse Capital, Michael Eisner, Steve Kaplan, and Bennett Rosenthal also participated in the round. The company is a developer of online games designed to provide blockchain-based sports games.

Wingfield: The company raised EUR 5.5 million of Series A venture funding in a deal led by bmp Ventures on June 6, 2022, putting the company’s pre-money valuation at EUR 7.1 million. EnjoyVenture, IBG Beteiligungsgesellschaft Sachsen-Anhalt, inQventures, leAD Sports Accelerator and Les Business Angels des Grandes Écoles also participated in the round. The company is a developer of a mobile-based application designed to transform any tennis court in the world into a smart court.

MDIIO: The company raised $5 million of venture funding from undisclosed investors on June 9, 2022, putting the company’s pre-money valuation at $20 million. The company is an operator of a music management platform intended to connect songwriters to the music industry.

Column: The company raised an undisclosed amount of venture funding from Web3 Ventures on June 9, 2022. The company is an operator of a social network platform developed for community members to post their own content.

GoKidGo: The company raised an undisclosed amount of venture funding from HappyNest on June 6, 2022. The company is an operator of a podcast business intended to create short-form and long-form animated audio experiences for kids.

Huddle Gaming: The company raised an undisclosed amount of venture funding from Las Vegas Sands on June 9, 2022. The company is a developer of a software tool designed for gaming operators of all sizes.


M&A Transactions

Forgotten Empires / Keywords Studios: The company was acquired by Keywords Studios for EUR 32.5 million on June 8, 2022. The company is a developer of a gaming platform focused on Windows PC games and mobile apps.

Magic Fuel Games / PlayStack: The company was acquired by PlayStack on June 6, 2022. The company is a developer of video games.

Flying Sheep Studios / iCandy Interactive: The company was acquired by iCandy Interactive on June 8, 2022. The company is a developer of video games based in Cologne, Germany.

Babyloan / Lendahand: The company was acquired by Lendahand for an undisclosed amount on June 10, 2022. The company is a developer of an online interest-free lending platform designed to fund projects through crowdfunding.

Cron / Notion: The company was acquired by Notion for an undisclosed amount on June 9, 2022. The company is a developer of a calendar management application designed to streamline workflows into professional mode.

DDCom / Etteplan: The company was acquired by Etteplan, a subsidiary of Ingman Group, for an undisclosed amount on June 7, 2022. The company is a provider of 3D content-based visualization and animation services intended to serve the agriculture, automotive, defense, medical and education sectors.

DeckPrism Sports / Huddle Gaming: The company was acquired by Huddle Gaming for an undisclosed amount on June 9, 2022. The company is a developer of a sports in-play platform focusing on American sports.

Drop Party / Flexa: The company reached a definitive agreement to be acquired by Flexa for an undisclosed amount on June 9, 2022. The company is a developer of a marketing management platform created to help clients market big things, events, and ideas through drops.

Genba / RealWear: The company was acquired by RealWear for an undisclosed amount on June 9, 2022. The company is a developer of a software platform for frontline industrial workers.

Intouch Games / Skywind Group: The company was acquired by Skywind Group for an undisclosed amount on June 7, 2022. The company is a developer of gaming technology intended to provide iGaming solutions.

Musicube / Songtradr: The company was acquired by Songtradr for an undisclosed amount on June 7, 2022. The company is a developer of a music search technology designed to offer fast and complex search functions for music businesses.

MY Entertainment / Media Content Services: The company was acquired by Media Content Services for an undisclosed amount on June 06, 2022. The company has produced programming for a wide range of partners ranging from A&E, The BBC, Discovery and Discovery+, to MTV, Oxygen, PBS and Travel Channel.

Podcast Awards / Haymarket Media Group: The company was acquired by Haymarket Media Group for an undisclosed amount on June 7, 2022. The company is a provider of locally made podcasts intended to act as a forum to bring together creators, publishers, advertisers and platforms.

Reality AI / Renesas Electronics: The company reached a definitive agreement to be acquired by Renesas Electronics for an undisclosed amount on June 9, 2022. The company is a developer of an advanced sensing technology designed to offer signal recognition capabilities to connected devices and software makers.

Rivr / Index Exchange: The company was acquired by Index Exchange for an undisclosed amount on June 8, 2022. The company is a developer of Artificial Intelligence-powered user classification technology designed to focus on programmatic advertising and mobile marketing.

Sapphire Gaming / RAW iGaming: The company was acquired by RAW iGaming for an undisclosed amount on June 9, 2022. The company is a developer of slot games that combine gaming tools with algorithmic technologies and vivid graphics.

Senseye / Siemens: The company was acquired by Siemens for an undisclosed amount on June 8, 2022. The company is a developer of a cloud-based machine monitoring and diagnostics platform to predict machine failure.

Xandr / Microsoft: The company, a subsidiary of AT&T, was acquired by Microsoft for an undisclosed amount on June 6, 2022. The company is a provider of marketing and advertising services.

Yonder / Primer: The company was acquired by Primer for an undisclosed amount on June 7, 2022. The company is a developer of a social media threat mitigation platform designed to protect brands from disinformation.

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