Strategy | Financing Highlight 
Private Placement / Financing Transactions

Anthropic: The company raised $300 million of venture funding in a deal led by Spark Capital on March 9, 2023, putting the company’s pre-money valuation at $4.1 billion. The company is an operator of an AI safety and research company intended to create large-scale AI systems that are steerable, interpretable, and robust.

Amelia: The company raised $175 million of venture funding in a deal led by BuildGroup and Monroe Capital on March 7, 2023. The company is a developer of a conversational AI digital agent platform that provides conversation, expression, emotion and understanding to user experiences, driving deeper connections and greater business value.

Consensus: The company received $110 million of development capital from Sumeru Equity Partners on March 8, 2023. The company is a developer of a demo automation platform designed to scale presales instantly with interactive video demos.

Humane: The company raised $100 million of Series C venture funding in a deal led by Kindred Ventures on March 8, 2023, putting the company’s pre-money valuation at $750 million. Qualcomm Ventures, Microsoft, LG Technology Ventures, Volvo Cars Technology Fund, Hico Capital, Socium Capital, Top Tier Capital Partners, Valia Ventures, Tiger Global Management, Forerunner Ventures, Sam Altman, Lachy Groom and Hudson Bay Capital Management also participated in the round. The company is a developer of an integrated device and cloud services platform for AI.

Believer Entertainment: The company raised $55 million of Series A venture funding in a deal led by Lightspeed Venture Partners on March 7, 2023. Riot Games, The Tornante Company, 1Up Ventures, Upfront Ventures, Next Play Capital, Alumni Ventures, Cleveland Avenue, Andreessen Horowitz, BITKRAFT Ventures, Villam Ventures, and other undisclosed investors also participated in the round. The company is an operator of a game development studio.

Plus One Robotics: The company raised $50 million of Series C venture funding in a deal led by Scale Venture Partners on March 7, 2023, putting the company’s pre-money valuation at $120 million. Pritzker Group Venture Capital, McRock Capital, TransLink Capital, Tyche Partners,Top Tier Capital Partners, ROBO Global Ventures and other undisclosed investors also participated in the round. The company is a developer of a three-dimensional vision and control software designed to create robotic automation in the logistics and e-commerce markets.

Cognosos: The company raised $25 million of Series C venture funding from Riverwood Capital, and other undisclosed investors on March 8, 2023, putting the company’s pre-money valuation at $80 million. The company is a developer of a cloud-based wireless platform designed to collect information from low-cost and battery-powered sensors.

nira: The company raised $19.2 million of venture funding from ASDF Ventures and other undisclosed investors on March 9, 2023. The company is a developer of a document organizing system designed to bring all of the user’s documents together in one place.

Redemption Games: The company raised $7 million of venture funding in a deal led by Play Ventures on March 7, 2023. BITKRAFT Ventures, Merit Circle, Orange DAO and other undisclosed investors also participated in the round. The company is a developer of mobile games.

Advanced Image Robotics: The company is in the process of raising $2.5 million of convertible debt financing from undisclosed investors as of March 6, 2023. The company is a developer of a video capture and broadcasting platform designed to prepare high-end video.

Loric Games: The company raised an undisclosed amount of venture funding from Virginia Venture Partners on March 7, 2023. The company is an operator of a gaming studio intended for immersive storytelling and cooperative games.

Q-Bird: The company raised an undisclosed amount of venture funding from QDNL Participations on March 6, 2023. The company is a developer of a quantum secure networking technology intended to provide networking equipment for the European quantum internet.

Rainshine Entertainment: The company raised an undisclosed amount of venture funding from Animoca Brands on March 8, 2023. The company is a developer of a global entertainment platform designed to back talented creators and help them grow.

READY Robotics: The company raised an undisclosed amount of venture funding from Rockwell Automation on March 8, 2023. The company is a developer of an enterprise-grade automation interface designed to improve productivity through automation.

Sportsbox 3D Golf: The company raised an undisclosed amount of venture funding from Neowiz Holdings and other undisclosed investors on March 7, 2023. The company is a developer of a mobile AI coach application designed to help users achieve their goals in sports and fitness.


M&A Transactions

Qualtrics / CPP Investments and Silver Lake: The company has received bids to be acquired by Silver Lake and CPP Investments through an estimated $11.9 billion public-to-private LBO as of March 6, 2023. Qualtrics International Inc is a software technology company based in the United States.

Vodafone Germany / Altice: The company was acquired by Altice for EUR 1.2 billion on March 8, 2023. The company provides telecommunication services and connectivity services to the customers in Germany.

Mimosa Networks / Radisys: The company reached a definitive agreement to be acquired by Radisys, a subsidiary of Reliance Industries, for $60 million on March 9, 2023. The company is a provider of broadband wireless communication services.

Hawaii Pacific Teleport / Calian Group: The company reached a definitive agreement to be acquired by Calian Group for CAD 62 million on March 9, 2023. The company is a provider of satellite and fiber-based communications, providing connectivity between the Americas and the Australasian region.

BattleSnake / Taplytics: The company was acquired by Taplytics for an undisclosed amount on March 6, 2023. The company is a developer of online gaming software designed for multi-player games.

Infoset / BtcTurk: The company was acquired by BtcTurk for an undisclosed amount on March 11, 2023. The company is a provider of a SaaS software platform for communication services.

Session / Salt Music: The company was acquired by Salt Music for an undisclosed amount on March 10, 2023. The company is a developer of a songwriting and royalty management platform for the music industry.

Shift7 Digital / Dentsu Group: The company was acquired by Dentsu Group for an undisclosed amount on March 7, 2023. The company is a provider of agile design, web content management and systems integration services for manufacturers and distributors.

Skylla Technologies / Crescendo Equity Partners: The company was acquired by Movensys, via its financial sponsor Crescendo Equity Partners, through an LBO on March 6, 2023 for an undisclosed amount. The company is a developer of human-centric robotics services intended to offer advanced systems which are safe, dependable and can collaborate with humans in a safe and effective manner.

Texas Crew Productions / Endeavor: The company, a subsidiary of Asylum Entertainment Group was acquired by Endeavor for an undisclosed amount on March 7, 2023. The company is an operator of a media production company that shoots and produces television content for clients worldwide.

The Content Group / Endeavor: The company was acquired by Endeavor for an undisclosed amount on March 7, 2023. The company is a producer of television shows, films and documentaries based in Encino, California.

Voxpow / The NFT Gaming Company: The company was acquired by The NFT Gaming Company for an undisclosed amount on March 6, 2023. The company is a provider of cloud-based speech recognition services enabling users to add voice control and search to any website.

Wavework / Multilot: The company was acquired by Multilot for an undisclosed amount on March 8, 2023. The company is a developer of a sports experience management platform to help sports industry and event venue customers better engage and serve audiences, and maximize revenue.

Webata / 1WorldSync: The company was acquired by 1WorldSync, via its financial sponsor Battery Ventures, through an LBO on March 8, 2023 for an undisclosed amount. The company is a developer of a digital merchandising technology intended to optimize search positioning.

Zudy / Jitterbit: The company was acquired by Jitterbit, via its financial sponsor Audax Group, through an LBO on March 6, 2023 for an undisclosed amount. The company is an operator of an enterprise mobile application development platform intended to offer enterprise-level business logic, responsive design, authentication and role based security.


Source: Pitchbook Data, Inc.

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