| Private Placement / Financing Transactions
Creatio: The company received $200 million of development capital from Volition Capital, Horizon Capital, Sapphire Ventures, StepStone Group and other investors on June 25, 2024. The company is a developer of a no-code platform designed to automate industry workflows and customer relationship management (CRM) activities.
Create Music Group: The company received $165 million of development capital from Flexpoint Ford and Mr. Charles Goldstuck on June 25, 2024. The company is a developer of a rights management, syndication, and distribution platform designed to help artists track and collect their earnings.
Bright Machines: The company raised $126 million of Series C venture funding through a combination of equity and debt in a deal led by BlackRock on June 25, 2024. Microsoft, Jabil, Shinhan GIB, Eclipse Ventures, and Nvidia also participated in the round. The company is a developer of automation software for manufacturing businesses.
Stability AI: The company raised GBP 80 million of venture funding from Coatue Management, Lightspeed Venture Partners and O’Shaughnessy Ventures on June 25, 2024. Sound Ventures, Greycroft, Sean Parker, Eric Schmidt, Robert Nelsen, and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence tool designed to create images based on text input.
ZeroEyes: The company raised $53.4 million of Series B venture funding in a deal led by Sorenson Capital on June 26, 2024, putting the company’s pre-money valuation at $250 million. Intel Capital, BroadLight Capital, Alliance Holdings, Responder Ventures, Disruptive, Ben Franklin Technology Partners of Southeastern Pennsylvania, Backswing Ventures and Octave Ventures also participated in the round. The company is a developer of a weapon detection platform designed to prevent and stop active shooting.
Clay: The company raised $46 million of Series B venture funding in a deal led by Meritech Capital Partners on June 27, 2024, putting the company’s pre-money valuation at $454 million. BoxGroup, Boldstart Ventures, First Round Capital, Sequoia Capital and other undisclosed also participated in the round. The company is a developer of software and tools designed for content creation across multiple devices with a high degree of automation.
Coder: The company raised $35 million of Series B2 venture funding in a deal led by Georgian on June 25, 2024, putting the company’s pre-money valuation at $170 million. Uncork Capital, Redpoint Ventures and Notable Capital also participated in the round. The company is an operator of a developer workspace platform intended to centralize developer creation and management.
Onehouse: The company raised $35 million of Series B venture funding in a deal led by Craft Ventures on June 26, 2024. Greylock and Addition also participated in the round. The company is a developer of a cloud-native managed platform designed to merge data lake and data warehouse repositories.
Cloudian: The company received $23 million of development capital from Morgan Stanley Expansion Capital on June 25, 2024. The company is a developer of a hybrid cloud data management platform designed to help customers optimize data access, meet data sovereignty requirements, and cut costs by consolidating information to a single, cloud platform.
AirOps: The company raised $21.6 million in Series A venture funding from Founder Collective, Wing Venture Capital and Village Global on June 25, 2024, putting the company’s pre-money valuation at $38.4 million. Xfund, Gaingels, Lachy Groom and Apollo Global Management also participated in the round. The company is an operator of a software business intended to help organizations deploy AI-powered apps.
Innatera: The company raised EUR 21 million of Series A venture funding in a deal led by Innavest and Invest-NL on June 27, 2024. Delft Enterprises, Matterwave Ventures, European Innovation Council Fund, and MIG Capital also participated in the round. The company is a manufacturer of ultra-efficient neuromorphic processors intended to mimic the brain’s mechanisms for processing sensory data.
Pylon: The company closed on $16.7 million of an undisclosed targeted amount of venture funding on June 27, 2024. The company is a developer of a customer operations platform designed to provide system integrations and AI, to track customer issues across platforms and help run business workflows.
Compredict: The company raised $15 million of Series B venture funding in a deal led by Woven Capital on June 25, 2024. Shift4Good also participated in the round. The company is a developer of AI-based virtual sensors designed to transform vehicle data into value-added insights, for efficient, safe, and sustainable mobility.
Kerv: The company is in the process of raising $5 million of venture funding in the form of convertible debt on June 25, 2024. The company is a developer of an AI-powered video creative technology designed to drive deeper user engagement.
A24 Films: The company received an undisclosed amount of development capital from Thrive Capital and other undisclosed investors on June 26, 2024. The company is an operator of an independent entertainment studio focusing on creating films and television.
Frienzy: The company is in the process of raising venture funding on June 27, 2024. The company is a developer of a mobile application designed to simplify group travel planning.
NomadHer: The company raised an undisclosed amount of venture funding from CNT Tech on June 25, 2024. The company is a developer of a travel application designed to connect solo female travelers.
TMRW Sports: The company raised an undisclosed amount of Series A venture funding in a deal led by Dynasty Equity and Connect Ventures on June 24, 2024, putting the company’s post-valuation at $500 million. Multiple other investors also participated in the round. The company is an operator of a sports media and technology platform intended to bring golf and other related sports services to customers.
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