Strategy | Financing Highlight

Private Placement / Financing Transactions

Robotic Research: The company raised $243 million of Series A venture funding in a deal led by Enlightenment Capital and SoftBank Investment Advisers on May 5, 2022. Luminar, Crescent Cove Advisors, and Henry Crown and Company also participated in the round. The company is a developer of autonomy and robotic technology designed to advance the safety, security, and effectiveness of transportation and mission-critical operations.

Mosyle: The company raised $196 million of Series B venture funding in a deal led by Insight Partners on May 4, 2022. Album VC, Elephant Partners, StepStone Group, and other undisclosed investors also participated in the round. The company is a developer of a device management software designed to streamline Apple device management.

Teleport: The company raised $110 million of Series C venture funding in a deal led by Bessemer Venture Partners on May 3, 2022, putting the company’s pre-money valuation at $990 million. Insight Partners, S28 Capital, Kleiner Perkins and other undisclosed investors also participated in the round. The company is a developer of a cloud-based customer infrastructure software designed to quickly and securely access any computing resource anywhere on the planet.

Federated Wireless: The company raised $72 million through a combination of Series D-1 and Series D-2 venture funding from Allied Minds, GiantLeap Capital and LightShed Ventures on May 2, 2022, putting the company’s pre-money valuation at $275 million. Government of Singapore Investment Corporation (GIC), Cerberus Capital Management, Fortress Investment Group and other undisclosed investors also participated in the round. The company is a developer of CBRS shared spectrum technology for the wireless industry.

AccelByte: The company raised $60 million of Series B venture funding in a deal led by SoftBank Vision Fund 2 on May 3, 2022. NetEase, Sony Interactive Entertainment, Galaxy Interactive (United States) and other undisclosed investors also participated in the round. The company is a developer of a digital publishing and gaming platform designed to create and distribute customized games.

Team Liquid: The company raised $35 million of venture funding in a deal led by Ares Management on May 6, 2022. Hiro Capital, Revolution/ROTR and other undisclosed investors also participated in the round. The company is an operator of an online sports community platform intended to provide gaming news content to its users.

Rise Up: The company raised EUR 30 million of Series B venture funding in a deal led by Connected Capital on May 3, 2022. MAIF Avenir and Impact Partenaires also participated in the round. The company is a developer of an e-learning platform designed to facilitate vocational employee training courses.

Measured: The company raised $21 million of venture funding from Telescope Partners on May 4, 2022. The company is a developer of a marketing analytics platform designed to identify media’s incremental contribution to business outcomes.

Hydrosat: The company closed on $15 million of an undisclosed targeted amount of venture funding on May 6, 2022. The company is a provider of geospatial analytics services intended to deliver satellite data insights into plant health.

Piano Software: The company raised $12 million of Series C1 venture funding from undisclosed investors on May 3, 2022, putting the company’s pre-money valuation at $200 million. The company is a developer of an audience management platform designed to help organizations understand and influence customer behavior.

Sensible Weather: The company raised $12 million of Series A-1 venture funding in a deal led by Infinity Ventures(Palo Alto) on May 4, 2022, putting the company’s pre-money valuation at $28 million. Delaware Life Insurance Company, Certares, Wonder Ventures, Derive Ventures, and other undisclosed investors also participated in the round. The company is a provider of weather forecasts and insights intended to assist in the planning of travel and events.

Unifly: The company raised EUR 10 million of venture funding from Terra Drone and Japan Overseas Infrastructure Investment on May 3, 2022. The company is a developer of a cloud-based unmanned traffic management software designed to offer safe integration of drones into the airspace.

Brandlive: The company raised $10.5 million of venture funding from undisclosed investors on May 2, 2022. The company is an operator of a live video platform designed to offer sales training programs, deliver marketing campaigns and increase direct-to-consumer sales.

Relay Robotics: The company raised $10 million of Series A venture funding in a deal led by MK Capital on May 4, 2022. The company is a manufacturer and supplier of autonomous service robots intended to work with humans safely, securely, reliably, and contact-free.

Scompler: The company raised EUR 7 million of venture funding in a deal led by Reimann Investors on May 2, 2022. Bayern Kapital and Main Incubator also participated in the round. The company is a developer of a content management platform designed to plan topics, manage assets, and control content production.

Maskott: The company raised EUR 7 million of venture funding from Crédit Mutuel Arkéa, UI Investissement and Jérôme Pascal on May 4, 2022. Banque des Territoires, Banque Populaire, BNP Paribas and other undisclosed individual investors also participated in the round. The company is a developer of digital software and tools for learning designed to improve and facilitate lifelong learning.

10BE5: The company raised an undisclosed amount of venture funding from Killer Whale Strategies on May 3, 2022. The company is an operator of a natural language processing-powered platform intended to automate the drafting of capital markets disclosures and related processes.

Channeled: The company raised an undisclosed amount of venture funding from Base Case Capital approximately in May 2022. The company is a developer of a unified, organized inbox designed to organize all the channels shared with customers on Slack.


M&A Transactions

Eidos-Montréal / Embracer Group: Embracer Group entered into a definitive agreement to acquire the company, a subsidiary of Square Enix Holdings for $300 million on May 2, 2022. The company is a developer of video games based in Montreal, Canada.

Profitero / Publicis Groupe: The company reached a definitive agreement to be acquired by Publicis Groupe for EUR 200 million on May 3, 2022. The company is a developer of online insights and an e-commerce intelligence platform designed to offer direct sales correlation.

Intuicode Gaming / Everi Holdings: The company was acquired by Everi Holdings for approximately $24.5 million on May 3, 2022. The company is a developer of gaming software and platforms intended for the regulated casino gaming markets.

Agile Networks / Cincinnati Bell: The company, a subsidiary of InSite Wireless Group, was acquired by Cincinnati Bell for an undisclosed amount on May 2, 2022. The company is a provider of fiber-based wireless network services intended for residential, business and government needs.

Chalk / PowerSchool Group: The company was acquired by PowerSchool Group for an undisclosed amount on May 5, 2022. The company is a developer of education management and e-learning platform intended to offer personalized education to students.

Comosoft / Aquila Software: The company was acquired by Aquila Software, a subsidiary of Constellation Software, for an undisclosed amount on May 4, 2022. The company is a provider of marketing production workflow services intended to provide data and media production platforms.

Crystal Dynamics / Embracer Group: The company reached a definitive agreement to be acquired by Embracer Group for an undisclosed amount on May 2, 2022. The company is a developer of interactive entertainment software designed to tell a story through art, animation, and innovation.

Feedback Loop / DISQO: The company was acquired by DISQO for an undisclosed amount on May 5, 2022. The company is an operator of a product research platform intended to make data-driven decisions about product development and market opportunities before investing.

iConnect Montana / Vision Net: The company was acquired by Vision Net for an undisclosed amount on May 2, 2022. The company is a provider of network connectivity and data center services to banking, healthcare, SaaS, and government customers across Montana.

Make It Games / NextPlay Technologies: The company, a subsidiary of Fighter Base Publishing was acquired by NextPlay Technologies for an undisclosed amount on May 5, 2022. The company is an operator of an AI-based based game engine platform intended for developing video games.

Raxium / Alphabet: The company was acquired by Alphabet for an undisclosed amount on May 4, 2022. The company is a developer of a holographic display technology designed to seamlessly fuse digital and physical worlds.

Ringgold USA / Copyright Clearance Center: The company was acquired by Copyright Clearance Center for an undisclosed amount on May 3, 2022. The company is a provider of persistent organization identifiers catering to publishers, intermediaries, research, universities and scholarly communications sectors.

Savioke / Relay Robotics: The company was acquired by Relay Robotics for an undisclosed amount on May 2, 2022. The company is a developer of autonomous robots designed to work in human environments.

VCV Digital Technology / Fortune Rise Acquisition: The company reached a definitive agreement to acquire Fortune Rise Acquisition through a reverse merger, resulting in the combined entity trading on the NASDAQ Stock Exchange under the ticker symbol XVC on May 2, 2022. The company is a provider of computing infrastructure for digital assets.

Wizard Labs / Generation Esports: The company was acquired by Generation Esports for an undisclosed amount on May 3, 2022. The company is a developer of a multimedia software designed to permit gamers to make videos.

Yva.AI / Visier: The company was acquired by Visier for an undisclosed amount on May 4, 2022. The company is a developer of artificial intelligence-powered analytics platform designed to find informal leaders and influencers to lead cross-functional collaboration, agile transformation, and customer-focused experience for businesses.

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