Technology Private Placement and M&A Transactions Review Week Ending June 4, 2023

Predibase: The company raised $28.5 million of Series A venture funding in a deal led by Greylock Partners and Felicis on May 31, 2023. Anthony Goldbloom, Ben Hamner, Zoubin Ghahramani, Remi El-Ouazzane, and The Factory also participated in the round. The company is a developer of a machine learning platform designed to make writing high-performance, low-code machine learning algorithms easy.

Hyro: The company raised $20 million of Series B venture funding in a deal led by Liberty Mutual Strategic Ventures, Macquarie Capital and Black Opal Ventures on May 31, 2023, putting the company’s pre-money valuation at $48 million. K20 Fund, Hanaco Venture Capital, Spero Ventures, and Mindset Ventures also participated in the round. The company is a developer of a conversational AI platform designed to simplify interactions across all digital channels.

Deep Sentinel: The company raised $15 million of venture funding led by Intel Capital, Slow Ventures and Shasta Ventures on May 31, 2023. UP2398 and The Syndicate (United States) also participated in the round. The company is a developer of a home security camera designed to analyze video streams and other contextual information to detect threats in real time.

Gardens: The company raised $12.3 million of venture funding from undisclosed investors on May 31, 2023. The company is an operator of a videogame studio intended to create artistically driven, social online worlds.

Korbit Technologies: The company raised CAD 11.3 million of Series A venture funding in a deal led by Khosla Ventures on May 30, 2023. Desjardins Capital, Global Brain, Alumni Ventures, Graphite Ventures, True Equity, ETF@JFFLabs, and Merus Capital also participated in the round. The company is a developer of an online tutor designed to teach students data science through interactive exercises and conversations.

Bryj: The company raised $5.3 million of venture funding from undisclosed investors on June 1, 2023. The company is a developer of a mobile marketing platform designed to offer individualized mobile marketing engagement.

Fiddler: The company raised an undisclosed amount of venture funding from Alteryx and Mozilla Ventures on June 1, 2023. The company is a developer of an enterprise AI platform designed to create artificial intelligence services that are transparent, explainable, and understandable.

VoxelSensors: The company is in the process of raising Series A venture funding as of May 31, 2023. The company is a developer of a sensor technology designed to blend the physical and digital Worlds.

Apptegy / JMI Equity: The company was acquired by JMI Equity through an LBO on May 31, 2023 for an undisclosed amount. The company is a developer of a mobile application intended to build school marketing and school communications.

Camino Technologies / Clariti: The company was acquired by Clariti, via its financial sponsors Trilogy Search Partners, Relay Investments, Maven Equity Partners and BK Growth, through an LBO on May 31, 2023 for an undisclosed amount. The company is a developer of customer service software for the government sector.

Lighthouse Home Entertainment Vertriebs / Schwäbisch Media: The company was acquired by Schwäbisch Media for an undisclosed amount on May 31, 2023. The company is an operator of an entertainment multimedia platform designed to stream TV series, documentaries, and feature films.

Listen Entertainment / PodX Group: The company was acquired by PodX Group for an undisclosed amount on May 31, 2023. The company is an operator of a radio and podcast production company based in Shirley, United Kingdom.

The Stadium / Individual Investor: The company was acquired by Mr. Jerry Reinsdorf for an undisclosed amount on May 29, 2023. The company is an owner and operator of a media and news company that provides a live-streaming sports network.