Technology Private Placement and M&A Transactions Review Week Ending November 2, 2025

Fireworks AI: The company raised $250 million of Series C venture funding in a deal led by Evantic Capital, Lightspeed Venture Partners and Index Ventures on October 28, 2025, putting the company’s pre-money valuation at $3.75 billion. Sequoia Capital and other undisclosed investors also participated in the round. The company is a developer of a generative artificial intelligence platform providing model inference infrastructure and development tools for building and deploying AI agents and applications.

Synthesia: The company raised $200 million of venture funding in a deal led by GV on October 29, 2025, putting the company’s pre-money valuation at $3.8 billion. Other undisclosed investors also participated in the round. The company is a developer of artificial intelligence-powered video generation technology that creates synthetic video content with digital avatars and text-to-speech narration.

Perfumeo: The company raised $105.4 million of Series D venture funding from Sapphire Ventures on October 28, 2025, putting the company’s pre-money valuation at $345 million. The company is a developer of artificial intelligence-powered smart home fragrance diffusion systems with automated scent scheduling and personalization.

Modal Labs: The company raised $87 million of Series B venture funding in a deal led by Lux Capital on October 29, 2025, putting the company’s pre-money valuation at $1.01 billion. Amplify Partners, Redpoint Ventures, Definition, AGI House, Anti Fund, and other undisclosed investors also participated in the round. The company is a developer of serverless cloud computing infrastructure for executing machine learning workloads, data processing, and compute-intensive applications at scale.

Applied Compute: The company raised $80 million of Series A venture funding in a deal led by Benchmark Capital Holdings on October 30, 2025. Sequoia Capital, Conviction Partners, Hanabi Capital Management, Definition, Lux Capital, Neo (Consulting Services (B2B)), Elad Gil, Victor Lazarte, Omri Casspi and Zach Frankel also participated in the round. The company is a developer of enterprise artificial intelligence software and productivity tools for specialized business intelligence applications.

Vizcom: The company raised $27 million of Series B venture funding in a deal led by Radical Ventures on October 29, 2025. Basis Set Ventures, Unusual Ventures, Index Ventures, and other undisclosed investors also participated in the round. The company is a developer of artificial intelligence-powered design tools that generate concept sketches and product visualizations for industrial designers and creative professionals.

Alinia: The company raised $8.9 million of venture funding from undisclosed investors on October 30, 2025. The company is a developer of artificial intelligence evaluation and optimization platforms for testing, monitoring, and controlling AI application performance and reliability.

Luminos.AI: The company raised $7.7 million of venture funding from undisclosed investors on October 29, 2025. The company is a developer of legal risk management and compliance software for assessing artificial intelligence system liabilities and regulatory requirements.

un:hurd music: The company raised GBP 5 million of venture funding from Kobalt, Music Tech London and Best Nights VC on October 28, 2025, putting the company’s pre-money valuation at GBP 13.4 million. Trapital Ventures, Mindset Ventures, LeanSquare, Hazel Savage and Willard Ahdritz also participated in the round. The company is an operator of a social media platform connecting independent musicians with fans and providing artist discovery and promotion tools.

Humanlinker: The company raised an undisclosed amount of venture funding from Kaloma Capital in November 2025. The company is a developer of artificial intelligence-powered sales engagement software that provides personalized outreach recommendations and conversation insights for sales teams.

Reve: The company raised an undisclosed amount of venture funding from Top Harvest Capital in November 2025. The company is a developer of text-to-image generation software with enhanced control over typography, composition, and visual aesthetics.

SportsCaster: The company is in the process of raising venture funding on October 31, 2025. The company is a provider of digital streaming and broadcasting services for sports content distribution.

Sugar23: The company received an undisclosed amount of development capital from Eldridge Industries in November 2025. The company is a developer of a talent management and content production business providing brand development, social media strategy, and entertainment investment services.

Thenvoi: The company raised an undisclosed amount of venture funding from Sierra Ventures in November 2025. The company is a developer of artificial intelligence agent orchestration platforms that integrate and coordinate multiple AI systems across enterprise business applications.

Qorvo / Skyworks Solutions: The company reached a definitive agreement to be acquired by Skyworks Solutions for an undisclosed amount on October 28, 2025 to create a $22 Billion U.S.-based provider of high-performance RF technology. Qorvo manufactures radio frequency semiconductors, power amplifiers, and wireless connectivity components for mobile devices, infrastructure, and defense applications.

Fubo / Hulu: The company was acquired by Hulu, a subsidiary of The Walt Disney Company, for $1.1 billion on October 29, 2025. FuboTV Inc operates a live television streaming platform focused on sports programming with access to live sporting events, news, and entertainment channels.

WRTV / Circle City Broadcasting: The company reached a definitive agreement to be acquired by Circle City Broadcasting for $83 million on October 28, 2025. The company is an operator of a television broadcast station serving Central Indiana audiences.

DataChat / Mews: The company was acquired by Mews for an undisclosed amount on October 28, 2025. The company is a developer of no-code conversational analytics software enabling natural language queries for data analysis without SQL programming.

Deep Render / Interdigital: The company was acquired by Interdigital for an undisclosed amount on October 30, 2025. The company is a developer of artificial intelligence-powered video and image compression algorithms that reduce file sizes while maintaining visual quality.

Humind Digital / Stride-up: The company was acquired by Stride-up for an undisclosed amount on October 28, 2025. The company is a developer of artificial intelligence-powered enterprise digital transformation platforms and process automation software.

Leisure TV Rights / Oxygen Activeplay: The company was acquired by Oxygen Activeplay, via its financial sponsor Literacy Capital, through an LBO on October 29, 2025 for an undisclosed amount. Leisure TV Rights distributes television content licensing and broadcasting rights to streaming platforms and broadcasters globally.

Munich Innovation Labs / Rohde & Schwarz: The company was acquired by Rohde & Schwarz for an undisclosed amount on October 31, 2025. The company is a developer of artificial intelligence-powered intelligence analysis software for filtering and analyzing multimedia content for law enforcement and defense applications.

Nexthink / Vista Equity Partners: The company was acquired by Vista Equity Partners through an LBO on October 27, 2025 for approximately $3 billion. The company is a developer of digital employee experience management software providing endpoint monitoring, diagnostics, and IT support automation.

Nomobo / George P. Johnson: The company was acquired by George P. Johnson, a subsidiary of Project WorldWide, for an undisclosed amount on October 28, 2025. The company is a provider of video content production and marketing services for corporate communications and brand campaigns.

Showpad / Vector Capital: The company was acquired by Vector Capital through an LBO on October 30, 2025 for an undisclosed amount. The company is a developer of sales enablement software providing content management, training, and analytics tools for customer-facing teams.

Stytch / Twilio: The company reached a definitive agreement to be acquired by Twilio for an undisclosed amount on October 30, 2025. The company is a developer of authentication and identity management software with API-based passwordless login and user verification solutions.

Tempus Ex / EXOS: The company was acquired by EXOS, via its financial sponsors Madrone Capital Partners and BDT & MSD Partners, through an LBO on October 30, 2025 for an undisclosed amount. The company is a developer of real-time sports data capture and video technology for enhancing live event broadcasts and fan experiences across professional sports leagues.

Weavy AI / Figma: The company was acquired by Figma for approximately $200 million on October 30, 2025. The company is a developer of artificial intelligence-powered design tools that integrate AI generation capabilities with collaborative creative workflows.

XFunnel / HubSpot: The company reached a definitive agreement to be acquired by HubSpot for an undisclosed amount on October 31, 2025. The company is a developer of search engine optimization and content visibility software optimized for AI-powered search engines and conversational interfaces.