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Private Placement / Financing Transactions

Helsing: The company raised EUR 600 million of Series D venture funding in a deal led by Prima Materia (Stockholm) on June 17, 2025, putting the company’s pre-money valuation at EUR 12 billion. Saab, Accel, Lightspeed Venture Partners, Plural Platform, General Catalyst and BDT & MSD Partners also participated in the round. The company is a producer of military drones and artificial intelligence software designed to enhance weapons systems and improve battlefield decision-making.

Applied Intuition: The company raised $600 million of Series F venture funding in a deal led by Kleiner Perkins and BlackRock on June 17, 2025, putting the company’s pre-money valuation at $14.4 billion. Premji Invest, Stripes, BAM Elevate, 137 Ventures, Greycroft, Lux Capital, Tribe Capital, General Catalyst, Addition, BOND Capital, GoalVest Advisory, EQUIAM, Elad Gil, Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, and Fidelity Management & Research Company also participated in the round. The company is a developer of an autonomous vehicle platform designed for simulation, validation, and deployment of advanced driver-assistance and automated driving systems.

Perplexity: The company raised $500 million of venture funding in a deal led by Accel on June 20, 2025, putting the company’s pre-money valuation at $13.5 billion. The company is a developer of an AI-powered conversational search engine that provides users with direct answers to their questions, citing sources to verify information.

Teamworks: The company raised $247.4 million of Series F venture funding in a deal led by Dragoneer Investment Group on June 17, 2025, putting the company’s pre-money valuation at $1 billion. Athletic Ventures ( Australia ) and other undisclosed investors also participated in the round. The company is a developer of an operating system for high-performance sports and military organizations, providing a suite of tools to manage operations, recruiting, performance, and other metrics.

PhysicsX: The company raised $135 million of Series B venture funding in a deal led by Atomico on June 22, 2025, putting the company’s pre-money valuation at $865 million. Siemens, Applied Materials, Allen & Company, NGP Energy Capital Management, General Catalyst, Radius Capital, Standard Investments, July Fund and Temasek Holdings also participated in the round. The company is a developer of artificial intelligence and simulation engineering technologies in the advanced industries sector.

Seekr: The company is in the process of raising $100 million of venture funding in a deal led by AMD Ventures and Danu Venture Group as of June 18, 2025, putting the company’s pre-money valuation at $1.1 billion. The company is a developer of an artificial intelligence business that identifies, scores, and generates reliable content at scale.

Animaj: The company raised $85 million of venture funding through a combination of debt and equity on June 18, 2025. The equity financing was led by HarbourView Equity Partners with participation from XAnge, Daphni, Left Lane Capital, Marquee Ventures and Bpifrance. The company is an operator of a next-generation media business that brings high-quality brands to kids and families worldwide.

Maven AGI: The company raised $50 million of Series B venture funding in a deal led by Dell Technologies Capital on June 16, 2025. Cisco Investments, SE Ventures, E14 Fund, M13, and Lux Capital also participated in the round. The company is an operator of a digital marketing agency intended to automate support for teams, marketing, and sales departments.

Cluely: The company raised $15 million of Series A venture funding in a deal led by Andreessen Horowitz on June 20, 2025, putting the company’s pre-money valuation at $105 million. The company is a developer of an AI assistant platform designed for virtual meetings and sales calls.

Voliro: The company raised $14.5 million of Series A venture funding in a deal led by Cherry Ventures on June 16, 2025, putting the company’s pre-money valuation at $21.6 million. noa (London) and other undisclosed investors also participated in the round. The company is a developer of robotic drones designed to perform inspection and maintenance tasks in industrial settings.

Button: The company received an undisclosed amount of development capital from PSG on June 16, 2025. The company is a developer of a mobile commerce platform.

DigitalCNC: The company raised an undisclosed amount of venture funding from Yorkshire AI Labs on June 16, 2025. The company is a developer of AI-driven precision manufacturing software designed for advanced manufacturing to improve quality, efficiency and productivity.

Onscreen: The company raised an undisclosed amount of venture funding from TCA Venture Group on June 22, 2025. The company is a developer of a TV-based communication and engagement platform designed to connect older adults and their families.

Playful Studios: The company is in the process of raising venture funding in a deal led by Paradigm and Arbitrum Gaming Ventures on June 18, 2025. The company is an operator of an independent gaming studio.

Yapp: The company raised an undisclosed amount of venture funding from Bossa Invest on June 18, 2025. The company is a developer of an online mobile application platform designed to build applications for events, conferences, and meetings.


M&A Transactions

Couchbase / Haveli Investments: The company entered into a definitive agreement to be acquired by Haveli Investments through a $1.5 billion LBO on June 20, 2025 through a public-to-private transaction. Couchbase Inc provides a modern cloud database that offers the capabilities required for business-critical applications on a scalable platform.

7 Cinematics / Concert Stuff Group: The company was acquired by Concert Stuff Group for an undisclosed amount on June 16, 2025. The company is an operator of a media production business based in Greensboro, North Carolina.

ALX Systems / Individual Investor: The company was acquired by Geoffrey Mormal for an undisclosed amount on June 21, 2025. The company is a developer of an autonomous operating system designed for unmanned aerial vehicles (UAVs).

Andromeda Insights / B3: The company was acquired by B3 for an undisclosed amount on June 17, 2025. The company is a manufacturer of premium personal computers for the gaming industry.

Blush Design / Udemy: The company was acquired by Udemy for an undisclosed amount on June 18, 2025. The company is an operator of a platform that offers digital illustration services for creative projects.

Lionize / gen.video: The company was acquired by gen.video for an undisclosed amount on June 17, 2025. The company is an operator of a SaaS platform that helps brands, agencies, and social media teams manage every aspect of the influencer marketing lifecycle.

Relay42 / Supermetrics: The company was acquired by Supermetrics for an undisclosed amount on June 18, 2025. The company is a developer of a data management platform designed to optimize marketing campaigns.

Saagie / Scaleway: The company was acquired by Scaleway, a subsidiary of iliad, for an undisclosed amount on June 20, 2025. The company is a developer of an enterprise platform focused on data science and predictive analytics.

Saturn / Snap: The company was acquired by Snap for an undisclosed amount on June 20, 2025. The company is a developer of a calendar-based social software.

SoftEye / TDK: The company was acquired by TDK for an undisclosed amount on June 19, 2025. The company is a developer of AI-powered fundamental technologies designed to improve the capabilities of smart glasses.


Source: Pitchbook Data, Inc.

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