| Private Placement / Financing Transactions
DeepL: The company raised $300 million of venture funding in a deal led by Index Ventures on May 22, 2024, putting the company’s pre-money valuation at $1.7 billion. IVP, Atomico, WiL (World Innovation Lab), ICONIQ Growth, Teachers’ Venture Growth and other undisclosed investors also participated in the round. The company is a developer of an AI-based translator and writing tool.
Suno: The company raised $125 million of Series B venture funding in a deal led by Founder Collective, Matrix Partners, Daniel Gross, Nat Friedman and Lightspeed Venture Partners on May 21, 2024, putting the company’s pre-money valuation at $375 million. The company is an operator of an AI-based music creation platform.
Praktika.ai: The company raised $35.5 million of Series A venture funding in a deal led by Blossom Capital on May 22, 2024. Creator Ventures, Blue Wire Capital, TMT Investments, Yellow Rocks! and Patrice Evra also participated in the round. The company is a developer of an AI-based immersive language learning app designed to help people improve spoken non-native English skills.
Hydrolix: The company raised $35 million of Series B venture funding in a deal led by S3 Ventures on May 22, 2024, putting the company’s pre-money valuation at $145 million. Oregon Venture Fund, AV8 Ventures, Wing Venture Capital, and Nava Ventures, and other undisclosed investors also participated in the round. The company is a developer of a cloud data platform that combines real-time stream processing, indexed search, and decoupled storage to process terabyte-scale transaction data.
Aisles: The company raised $30 million of venture funding from undisclosed investors on May 26, 2024. The company is a developer of an artificial intelligence-powered retail technology to enhance a customer’s experience.
Coactive: The company raised $30 million of Series B venture funding in a deal led by Cherryrock Capital and Emerson Collective on May 21, 2024. Andreessen Horowitz, Bessemer Venture Partners, Exceptional Capital, Tech Square Ventures and Greycroft also participated in the round. The company is a developer of a machine learning platform that derives analytics and insights from unstructured image and video data.
Aerodome: The company raised $21.5 million of Series A venture funding in a deal led by CRV on May 22, 2024, putting the company’s pre-money valuation at $82 million. Andreessen Horowitz, Karman Ventures, Ford Street Ventures, and Immad Akhund also participated in the round. The company is a provider of commercial unmanned aircraft system (UAS) services and solutions for data analysis and 3D imagery.
Simr: The company raised $20 million of Series A venture funding in a deal led by Uncorrelated Ventures on May 21, 2024. Earlybird Venture Capital and BMW i Ventures also participated in the round. The company is a developer of cloud-based software and computing applications for engineers.
Rows: The company raised EUR 8 million of venture funding in a deal led by Indico Capital Partners on May 24, 2024. Cherry Ventures, Accel, Lakestar, Armilar Venture Partners and other undisclosed investors also participated in the round. The company is a developer of an interactive web-based spreadsheet application.
Rollup: The company raised $5.6 million of venture funding in a deal led by Andreessen Horowitz and Thiel Capital on May 20, 2024. Space.VC, Alumni Ventures, JAM Fund, and Spacecadet Ventures also participated in the round. The company is a developer of a collaborative workflow platform designed to help teams build complex hardware and models.
Cupix: The company raised an undisclosed amount of Series C venture funding from Industrial Bank of Korea, Intellian Technologies and Integrated Media Management on May 27, 2024. Premier Partners, Integrated Asset Management, Atinum Investment, Murex Partners, SDB Investment, Small and Medium Business Bank, Shinhan Venture Investment, Hockey Stick Investments and Korea Investment & Securities also participated in the round. The company is a developer of cloud-based software designed to create a three-dimensional digital model of physical space using an off-the-shelf and affordable camera.
It’sRapid: The company is in the process of raising venture funding from undisclosed investors as of May 23, 2024. The company is a developer of an AI-based content creation platform.
Realtime Robotics: The company raised an undisclosed amount of venture funding from Mitsubishi Electric on May 27, 2024. The company is a provider of automatic, collision-free motion planning for industrial robots.
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