Strategy | Financing Highlight 
Private Placement / Financing Transactions

Typeface: The company raised $65 million of venture funding from LightSpeed, GV, A&E Investments and M12 on February 27, 2023. Menlo Ventures also participated in the round. The company is an operator of a technology service platform designed to provide AI content.

Attio: The company raised $23.5 million of Series A venture funding in a deal led by Redpoint Ventures on March 2, 2023. Point Nine Capital and Balderton Capital also participated in the round. The company is a developer of a cloud-based customer relationship management platform designed to create a customizable workspace for team workflows.

Cast AI: The company raised $20.1 million of venture funding from undisclosed investors on March 1, 2023. The company is a developer of a cloud management platform designed to deploy and operate the application automation process.

Avalon: The company raised $13 million of venture funding in a deal led by Delphi Digital, Mechanism Capital, Hashed and BITKRAFT Ventures on February 28, 2023. Avocado Dao, Coinbase Ventures, Yield Guild Games, Merit Circle, 6th Man Ventures, Magnus Capital , Morningstar Ventures, Kevin Lin, Charlie Songhurst, Dennis Fong and Robin Jung also participated in the round. The company is an operator of a gaming studio based in Florida, United States.

Few and Far: The company raised $10.5 million of venture funding in a deal led by Pantera Capital on March 3, 2023. Cypher Capital, Huobi Ventures, Hypersphere Ventures, K5 Global, Mantis VC, MetaWeb Ventures, Lyra Ventures, and other undisclosed investors also participated in the round. The company is a developer of an NFT platform designed to build an NFT DEFI marketplace for digital collectibles.

Colossyan: The company raised $5 million through a combination of debt, Series A1 and Series A2 venture funding in a deal led by LAUNCHub Ventures on February 27, 2023, putting the company’s pre-money valuation at $11.5 million. Day One Capital, APX Axel Springer Porsche, Oktogon Ventures, Emerge Education and other undisclosed investors also participated in the round. The company is an operator of an artificial intelligence-based video generation platform intended to help individuals and companies to produce videos at scale.

BebopBee: The company raised an undisclosed amount of venture funding from Andover Ventures in March 2023. The company is a developer of a gaming platform.

DataChat: The company raised an undisclosed amount of venture funding from A&E Investments in March 2023. The company is a developer of an AI-based conversational intelligence platform intended to offer a broad range of data analytics functions.

Neural Propulsion Systems: The company raised an undisclosed amount of Series B venture funding from RTX Ventures on March 2, 2023. The company is a developer of an autonomous sensor designed to reduce transportation accidents.

Ready Player: The company raised an undisclosed amount of venture funding from Fisher 8 Capital in March 2023. The company is a developer of gaming software designed to harness and develop the collective powers of play-to-earn gaming.

Screevo: The company raised an undisclosed amount of venture funding from Feel Venture in, March 2023. The company is a developer of a voice assistant system designed to control any machine or software system.

Signifikant: The company raised an undisclosed amount of venture funding from Swiss ICT Investor Club in March 2023. The company is a developer of an artificial intelligence (AI) based advertising tool designed for efficient marketing operations management.


M&A Transactions

AdPushup / Geniee: The company was acquired by Geniee for an undisclosed amount on March 2, 2023. The company is a developer of an online advertising revenue optimization platform designed to help web publishers to create and test various advertisement placements, sizes, and types.

Aylien / Quantexa: The company was acquired by Quantexa for an undisclosed amount on February 27, 2023. The company is a developer of a news intelligence platform designed to use natural language processing applications for a better understanding of human languages.

Bidtellect / Blackstone: The company entered into a definitive agreement to be acquired by Simpli.fi, via its financial sponsors GTCR and Blackstone, through an LBO on February 28, 2023 for an undisclosed amount. The company is an operator of a marketing platform intended to serve companies, agencies and brands.

FSP / CBPE Capital: The company was acquired by CBPE Capital through an LBO on February 28, 2023 for an undisclosed amount. The company is a provider of digital transformation services intended to serve large enterprises and public sector organizations.

i2x / Cho-Time: The company was acquired by Cho-Time for an undisclosed amount on February 28, 2023. The company is a developer of a conversation analytics platform designed to transform the human voice into actionable insights.

Lineup Systems / Chartbeat: The company was acquired by Chartbeat, via its financial sponsor Cuadrilla Capital, through an LBO on March 2, 2023 for an undisclosed amount. The company is a developer of a cloud-based media sales software intended to help media companies optimize business performance and increase advertising revenues.

R4dar Technologies / Angoka: The company was acquired by Angoka for an undisclosed amount on February 28, 2023. The company is a developer of integrated imaging radar solutions designed for autonomous vehicles.

SketchDeck / 24 Seven: The company was acquired by 24 Seven, via its financial sponsors Pantheon Ventures and Glendower Capital, through an LBO on March 1, 2023 for an undisclosed amount. The company is a provider of on-demand graphic design services.

Sviper / The Sand Box: The company was acquired by The Sand Box for an undisclosed amount on February 28, 2023. The company is a developer of a mobile gaming platform.

TorAlarm / BILD: The company was acquired by BILD (Digital Media) for an undisclosed amount on March 2, 2023. The company is a developer of a football platform intended to offer the latest news and results of the top European leagues.

Tubular / Chartbeat: The company was acquired by Chartbeat, via its financial sponsor Cuadrilla Capital, through an LBO on March 2, 2023 for an undisclosed amount. The company is a developer of an online video intelligence platform designed to offer independent analytics for the social video ecosystem.


Source: Pitchbook Data, Inc.

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