| Private Placement / Financing Transactions
Tenstorrent: The company closed on $300 million of an undisclosed targeted amount of venture funding in a deal led by Samsung Catalyst Fund on June 14, 2024, putting the company’s pre-money valuation at $2 billion. LG Electronics, Fidelity Management & Research and Hyundai Motors Group also participated in the round. The company is a developer of application-specific integrated circuit processors designed to provide training and adaptability to algorithms.
Black Semiconductor: The company raised EUR 254.4 million of Series A venture funding in a combination of equity and grant in a deal led by Porsche Ventures and Project A Ventures on June 12, 2024. Scania Growth Capital, Capnamic Ventures, TechVision Fund, VSquared Ventures, Cambium Capital Management, Onsight Ventures ,NRW.Bank and East Hill Equity also participated in the round. The company is a manufacturer of semiconductor microchips with photonic circuits designed to be compatible with silicon technology.
Cognigy: The company raised EUR 100 million of venture funding in a deal led by Eurazeo on June 11, 2024. Insight Partners, DTCP Growth and DN Capital also participated in the round. The company is an operator of a conversational AI platform intended to automate customer and employee communications.
InnovMetric Software: The company received $45 million of development capital from Fonds de solidarite FTQ on June 13, 2024. The company is a developer of a 3D metrology software system for the manufacturing sector.
Relay: The company raised $35 million of Series B venture funding in a deal led by G2 Venture Partners on June 10, 2024, putting the company’s pre-money valuation at $300 million. Wind River Ventures, Sovereign’s Capital, and other undisclosed investors also participated in the round. The company is a developer of a personal communication device for the workplace.
HarperDB: The company raised an estimated $15 million of Series A venture funding from Serent Capital and other undisclosed investors on June 12, 2024, putting the company’s pre-money valuation at $80 million. The company is a developer of enterprise data management software.
Aidentified: The company raised $12.5 million in Series B venture funding from FactSet Research Systems on June 12, 2024, putting the company’s pre-money valuation at $60 million. The company is a developer of AI-based relationship mapping and sales prospecting software.
Psionic: The company raised $10 million of venture funding from undisclosed investors on June 10, 2024. The company is a developer of navigation and perception technology for autonomous space vehicles.
GPTZero: The company raised $10 million of Series A1 venture funding in a deal led by Nikhil Basu Trivedi on June 13, 2024. Uncork Capital, Reach Capital, Alt Capital, Neo and other undisclosed investors also participated in the round. The company is a developer of an AI-powered text identification platform.
Perplexity: The company raised $10 million of venture funding from SK Telecom on June 13, 2024. The company is a developer of an artificial intelligence-based search engine platform.
Ambiq: The company raised $8.6 million of venture funding from undisclosed investors on June 10, 2024. The company is a manufacturer of electronic chips designed for the gaming, wearables and IoT industries to reduce circuit power consumption.
Stanly: The company raised $8 million of venture funding in a deal led by C Capital on June 12, 2024. Palm Drive Capital, Goodwater Capital, AppWorks and other undisclosed investors also participated in the round. The company is an operator of a social platform intended to connect fans with fan clubs.
FirmPilot: The company raised $7 million of Series A venture funding in a deal led by DoubleVerify and Blumberg Capital on June 10, 2024. SaaS Ventures, Valor Ventures, Connexa Capital, and FJ Labs also participated in the round. The company is a developer of an artificial intelligence marketing platform designed to generate search-engine-optimized content and monitor marketing activities in one place.
Linq: The company raised $6.6 million of venture funding in a deal led by InterVest and Atinum Investment on June 11, 2024. YellowDog, Kakao Ventures, Smilegate Investment, and Techstars also participated in the round. The company is a developer of generative AI platform intended for privacy-preserving data analysis.
Unfaze: The company raised $6 million of venture funding from undisclosed investors on June 12, 2024. The company is a developer of a AI-powered image generation platform.
Arc Compute: The company is in the process of raising Series A venture funding on June 14, 2024, putting the company’s post-valuation at $280 million. The company is a developer of an AI-powered GPU optimization platform.
Axiomatic_AI: The company raised an undisclosed amount of venture funding in a deal led by Kleiner Perkins on June 13, 2024. Propagator Ventures and Two Small Fish Ventures also participated in the round. The company is a developer of AI model designed for engineering and scientific prototyping.
NewsMax Media: The company entered into a definitive agreement to receive an undisclosed amount of development capital on June 11, 2024. The company is a provider of news outlet and media publishing services.
Posh: The company raised an undisclosed amount of venture funding in a deal led by Next Level Ventures on June 12, 2024. TruStage Ventures, REMUS Capital and Canapi Ventures also participated in the round. The company is a developer of a conversational artificial intelligence platform for banking institutions.
VoxSmart: The company raised an undisclosed amount of venture funding in a deal led by Toscafund Asset Management on June 11, 2024. Maven Capital Partners UK also participated in the round. The company is a developer of a communications surveillance platform designed to manage business risk and meet regulatory requirements.
|
