Technology Private Placement and M&A Transactions Review Week Ending November 26, 2023

Songtradr: The company raised $109 million of Series E venture funding from undisclosed investors on November 21, 2023, putting the company’s pre-money valuation at $770 million. The company is an operator of a music licensing marketplace intended to connect artists with brands, advertisers, film, TV and similar digital platforms.

GreyOrange: The company raised $103.3 million of venture funding from Blume Ventures and other undisclosed investors on November 24, 2023. The company is a developer of a robotics and AI-driven fulfilment platform designed to automate retailers, warehouse operators and third-party logistics providers.

Dura Software: The company received $83.2 million of development capital from Peterson Partners and other undisclosed investors on November 20, 2023. The company acquires and operates B2B software product businesses.

LucidLink: The company raised $75 million in Series C venture funding in a deal led by Brighton Park Capital on November 20, 2023, putting the company’s pre-money valuation at $325 million. Adobe Ventures, Headline, Baseline Ventures and other undisclosed investors also participated in the round. The company is a developer of a collaboration platform designed for remote users working on shared data sets.

Holo-Light: The company raised EUR 12 million of venture funding in a deal led by Flatz Hoffmann on November 21, 2023. EnBW New Ventures, Bayern Kapital and Future Energy Ventures also participated in the round. The company is a developer of a streaming platform designed to implement augmented and virtual reality for business uses.

SeeChange: The company raised EUR 9.1 million of Series A venture funding in a deal led by TriplePoint Capital and Crane Venture Partners on November 21, 2023. Material Ventures, Runa Capital, Portfolio Ventures and True Capital Management also participated in the round. The company uses Artificial Intelligence to analyze consumer behavior from real-time video in retail locations.

Freeview: The company raised an undisclosed amount of venture funding from Graft Ventures on November 23, 2023. The company is a provider of digital terrestrial television services.

RenderThat: The company received an undisclosed amount of development capital from IMCap Partners on November 21, 2023. The company is a provider of a content platform that helps companies bring photorealistic digital twin models of their physical products into the digital world.

nDreams / Aonic Group: The company was acquired by Aonic Group for $110 million on November 20, 2023. The company is a developer of virtual reality games.

Versus Systems / Cronus Equity Capital Group: The company was acquired by Cronus Equity Capital Group through a $2.6 million LBO on November 22, 2023. Versus Systems Inc is a Canada based video game software company that allows video game publishers and developers to offer prize-based matches of their games.

3T Logistics / Aptean: The company was acquired by Aptean, via its financial sponsors Charlesbank Capital Partners, Insight Partners and TA Associates Management, through an LBO on November 21, 2023 for an undisclosed amount. The company is a developer of transportation management systems (TMS) software designed for shippers and carriers in the United Kingdom and broader Europe.

Authentic Media / Banijay Group: The company was acquired by Banijay Group, via its financial sponsors De Agostini and Groupe Arnault, through an LBO on November 22, 2023 for an undisclosed amount. The company is an operator of a scripted production firm specializing in producing broadcasts, documentaries and cinema.

Bellator MMA / Professional Fighters League: The company, a subsidiary of Viacom, was acquired by Professional Fighters League, via its financial sponsors SRJ Sports Investments and Saudi Arabia’s Public Investment Fund, through an LBO on November 20, 2023 for an undisclosed amount. The company is an operator of a mixed martial arts (MMA) promotional company based in Santa Monica, California.

CoinDesk / Bullish: The company was acquired by Bullish through an LBO on November 20, 2023 for an undisclosed amount. The company is an operator of a media platform intended to offer news, insights, and analysis of the technologies shaping money and commerce.

Maytech / Kiteworks: The company was acquired by Kiteworks for an undisclosed amount on November 22, 2023. The company is a developer of a cloud-based file-sharing platform designed to offer secure cloud data transfer and online file storage services.

ownCloud / Kiteworks: The company was acquired by Kiteworks for an undisclosed amount on November 22, 2023. The company is a developer of open-source software designed for content collaboration across devices.

PlayStack / VCI Global: The company reached a definitive agreement to be acquired by VCI Global for an undisclosed amount on November 21, 2023. The company is an operator of video game publishing services.

Writefull / Digital Science: The company was acquired by Digital Science for an undisclosed amount on November 21, 2023. The company is a developer of editing software for enhancing academic writing.