Technology Private Placement and M&A Transactions Review Week Ending June 8, 2025

Observe: The company raised $124.8 million of venture funding from undisclosed investors on June 5, 2025. The company is a developer of an enterprise SaaS observability platform intended to detect anomalies, troubleshoot applications, and resolve incidents.

Carbyne: The company closed on $100 million of an undisclosed targeted amount of venture funding in a deal led by AT&T Ventures on June 8, 2025. The company is a developer of a real-time emergency communication platform designed to provide public safety technology for emergency infrastructure.

Fever: The company received $100 million of development capital from Goldman Sachs Growth Equity, Everything is Awesome, Rx3 Growth Partners, L Catterton, Point72 Ventures, G Squared, Ares Management, and other undisclosed investors on June 4, 2025. The company is a provider of social event information services intended to give personalized and curated experiences to people.

SportLync: The company closed on $40 million of an undisclosed targeted amount of venture funding in a deal led by Baird Augustine and DelMorgan & Co. on June 3, 2025. The company is a developer of an AI-driven platform connecting sports enthusiasts across 33 sports through personalized matchmaking and facility reservations.

Twelve Labs: The company raised $30 million of venture funding in a deal led by NVentures and New Enterprise Associates on June 7, 2025. Samsung NEXT Ventures, Intel Capital, Databricks, HubSpot Ventures, SK Telecom, Snowflake, Databricks Ventures, Naver, In-Q-Tel, Operator Collective, InnoWhale Ventures, Korea Investment Partners, Index Ventures, Radical Ventures, WndrCo and Pacemakers also participated in the round. The company is a developer of a video intelligence platform that uses AI to analyze and search through video content.

Sema4.ai: The company raised $25 million of Series A venture funding from Benchmark Email, Snowflake Ventures and Cox Enterprises on June 4, 2025, putting the company’s pre-money valuation at $480 million. Rocketship.vc, Mayfield Fund and MVP Ventures also participated in the round. The company is a developer of enterprise artificial intelligence agents designed to automate complex tasks requiring reasoning, collaboration, and judgment.

Moments Lab: The company raised $24 million of Series B venture funding in a deal led by Oxx on June 3, 2025. Orange Ventures, Kadmos Capital, Elaia Partners, and Supernova Invest also participated in the round. The company is a developer of a media valorization platform designed to help teams process a critical mass of media assets.

Obvio: The company raised $22 million of Series A venture funding in a deal led by Bain Capital Ventures on June 4, 2025. The company is a developer of solar-powered AI cameras designed to detect driving violations.

DataPlor: The company raised $20 million of Series B venture funding in a deal led by F-Prime Capital on June 3, 2025, putting the company’s pre-money valuation at $103 million. ff Venture Capital, Two Lanterns Venture Capital, Acronym Venture Capital, APA Venture Partners, Spark Capital, dara5, Alumni Ventures, and other undisclosed investors also participated in the round. The company is a developer of a location intelligence platform designed to connect companies with an on-demand mobile workforce.

Thread AI: The company raised $20 million of Series A venture funding in a deal led by Greycroft on June 5, 2025. Index Ventures, Scale Venture Partners, Meritech Capital Partners, Homebrew and Plug and Play Tech Center also participated in the round. The company is a developer of a composable artificial intelligence orchestration platform designed to bridge the gap between AI potential and secure, reliable adoption and implementation.

Toma: The company raised $17 million of Series A venture funding in a deal led by Andreessen Horowitz on June 6, 2025. Holman Growth Ventures, Flex Capital, Y Combinator, Jonathan Siddharth, Vijay Krishnan, Yossi Levi, Larry Fitzgerald, Gokul Rajaram and other undisclosed investors also participated in the round. The company is a developer of a personalized artificial intelligence agent platform designed to manage customer interactions and automate routine processes for dealerships.

Impact Analytics: The company raised an estimated $15 million of Series D venture funding in a deal led by Blue Cloud Ventures on June 3, 2025, putting the company’s pre-money valuation an estimated at $164 million. Vistara Growth and Sageview Capital also participated in the round. The company is a developer of AI-driven business intelligence and insights software designed to pair artificial intelligence with human validation.

Aive: The company raised EUR 12 million of Series A venture funding in a deal led by The Invus Group on June 5, 2025. BNP Paribas Développement and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence-based platform designed for the post-production of audio-visual content.

Netic: The company raised $20 million of Series A venture funding in a deal led by Founders Fund on June 2, 2025, putting the company’s pre-money valuation at $98 million. Greylock, Hanabi Capital Management, Day One Ventures, SV Angel, Lachy Groom, Alexandr Wang, Dylan Field, Elad Gil and other undisclosed investors also participated in the round. The company is a developer of an AI-powered platform designed to autonomously manage and generate demand throughout the customer lifecycle.

Emptyvessel: The company raised $11 million of Series A venture funding in a deal led by NCSoft and 1AM Gaming on June 4, 2025. Raptor Group, Sisu Game Ventures, Compute Ventures, Anurup Joseph and Sebastiaan Hejne also participated in the round. The company is a developer of a video game creation studio designed to empower creators.

Freeplay: The company raised $5.6 million of venture funding in a deal led by Renegade Partners on June 3, 2025. Matchstick Ventures, Conviction Partners, Vermilion Cliffs Ventures, Next Frontier Capital and Preston-Werner Ventures also participated in the round. The company is a developer of a generative AI building software designed to build, experiment, and test applications.

OwlDuet: The company raised an undisclosed amount of venture funding from Mindset Ventures on June 5, 2025. The company is a developer of an AI-powered co-pilot tool designed for music creators.

Stellar: The company raised $2.7 million of venture funding from BCforward on June 4, 2025. The company is a developer of a technology-enabled business intelligence platform designed to drive operational growth.

TrueToForm: The company raised an undisclosed amount of venture funding from Uplist Ventures on June 3, 2025. The company is a developer of 3D body measurement solutions for custom apparel and made-to-measure businesses to measure their customers remotely.

Visme: The company received an undisclosed amount of development capital from Gearbox Capital on June 3, 2025. The company is a developer of a content creation and management platform designed for creating presentations, documents, data visualizations, videos, and other branded content.

Resulticks / Diginex: The company reached a definitive agreement to be acquired by Diginex, a subsidiary of Rhino Ventures, for $2 billion on June 5, 2025. The company is a developer of an AI-driven audience engagement platform designed for real-time customer interactions and data-driven marketing strategies.

OfferFit / Braze: The company was acquired by Braze for $325 million on June 3, 2025. The company is a developer of an AI-driven personalization platform that helps businesses optimize their marketing campaigns.

Plus / Churchill Capital IX: The company reached a definitive agreement to acquire Churchill Capital IX through a reverse merger for an estimated $300 million on Jun 5, 2025, putting the company’s pre-money valuation at an estimated $1.2 billion. The company is a developer of an artificial intelligence-based autonomous driving software intended to for autonomous trucks.

The Flame 104.7 / South Florida Public Media Group: The company, a subsidiary of JDD Radio, reached a definitive agreement to be acquired by South Florida Public Media Group for $6.5 million on June 6, 2025. The company is an operator of a radio station based in West Palm Beach, Florida.

Aeponyx / Pasqal: The company was acquired by Pasqal for an undisclosed amount on June 3, 2025. The company is a manufacturer of photonic integrated circuits (PICs) intended for telecom, datacom, and next-gen sensing applications.

Black Swan Data / Mintel: The company was acquired by Mintel, a subsidiary of M I Investment Holding, for an undisclosed amount on June 4, 2025. The company is a developer of a consumer intelligence platform that uses AI to analyze online conversations and predict consumer behavior.

Brium / Advanced Micro Devices: The company was acquired by Advanced Micro Devices for an undisclosed amount on June 4, 2025. The company is a developer of compiler and AI software designed to optimize execution of large language models on various hardware platforms.

Builder.ai / Stankevicius Group: The company reached a definitive agreement to be acquired by Stankevicius Group for an undisclosed amount on June 2, 2025. The company is a developer of an application development platform intended to help clients build and operate software projects.

Dice / Fever: The company was acquired by Fever, via its financial sponsors Alignment Growth, Ares Management, Convivialité Ventures, Eight Roads, Eurazeo, Everything is Awesome, G Squared, Goldman Sachs Asset Management, Goldman Sachs Growth Equity, Goodwater Capital, Hercules Capital, Point72 Ventures, L Catterton, Rx3 Growth Partners, Smash Capital, Vitruvian Partners, through an LBO on June 5, 2025 for an undisclosed amount. The company is an operator of an online ticketing platform.

Gary Musick Productions / AEG Presents: The company was acquired by AEG Presents, a subsidiary of Anschutz Entertainment Group, for an undisclosed amount on June 4, 2025. The company is an operator of a full-service event and entertainment production company based in Nashville, TN.

Likewise / Watchlist: The company was acquired by Watchlist for an undisclosed amount on June 4, 2025. The company is a developer of a social networking service for finding and saving content recommendations for movies, TV shows, books, and podcasts.

Moosend / Constant Contact: The company, a subsidiary of Sitecore, was acquired by Constant Contact, via its financial sponsor Clearlake Capital Group, through an LBO on June 6, 2025 for an undisclosed amount. The company is a developer of a cloud-based, AI-powered email marketing solution that lets companies target audiences at scale.

Peter Park / Great Hill Partners: The company was acquired by Great Hill Partners and ARBANOVA Familienstiftung through an LBO on June 4, 2025 for an undisclosed amount. The company is a developer of a parking management technology designed to automate parking processes and services.

RKO Pictures / Conscord Music: The company was acquired by Concord Music, via its financial sponsors Apollo Asset Management and Great Mountain Partners, through an LBO on June 4, 2025 for an undisclosed amount. The company is an opereator of a film production and distribution company based in Los Angeles, California.

RotaGeek / Elmo Software: The company was acquired by Elmo Software, via its financial sponsor K1 Investment Management, through an LBO on June 5, 2025 for an undisclosed amount. The company is a developer of cloud-based employee scheduling software and workforce management solutions.

Seek AI / International Business Machines: The company was acquired by International Business Machines (NYS: IBM) for an undisclosed amount on June 2, 2025. The company is a developer of a data analytics platform designed to solve data bottleneck problems in organizations through natural language processing.

Untether AI / Advanced Material Development: The company was acquired by Advanced Material Development for an undisclosed amount on June 6, 2025. The company is a developer of ultra-efficient, high-performance AI chips and accelerator cards.

Vinyl Me, Please / VNYL: The company was acquired by VNYL for an undisclosed amount on June 3, 2025. The company is an operator of a subscription-based record club, delivering curated vinyl records to its members each month.

VOGO / ABEO Group: The company reached a definitive agreement to be acquired by ABEO Group for an undisclosed amount on June 3, 2025. VOGO SA develops audio and video solutions for the sports industry, and audiovisual sectors.

XponentL Data / Genpact: The company was acquired by Genpact for an undisclosed amount on June 5, 2025. The company is a developer of a data and artificial intelligence platform intended to accelerate the deployment of data-driven applications.