Strategy | Financing Highlight 
Private Placement / Financing Transactions

ChapsVision: The company received EUR 90 million of development capital from Qualium Investissement, GENEO Capital Entrepreneur, Tikehau Capital and Bpifrance on September 28, 2023. The company is a developer of a data analysis platform designed to solve complex business problems through an integrated analytical infrastructure.

Kneron: The company raised $49 million in the second tranche of a $97 million total Series B venture deal led by Horizons Ventures on September 26, 2023. Qualcomm Ventures, Foxconn International Holdings, Lite-On Technology, Alltek Technology, PalPilot, ADATA Technology Company, Hon Hai Precision, Alibaba Group, Ventioneers, Kube VC, Sprint VC and Circle Investment also participated in the round. The company is a developer of semiconductor chips for integrated AI software solutions for vehicles, security, and broader AIoT use cases.

Canvs AI: The company raised $15 million of venture funding in a deal led by Fulcrum Equity Partners on September 27, 2023. Tech Square Ventures and other undisclosed investors also participated in the round. The company operates an AI text analysis platform that transforms consumer feedback from surveys, customer reviews, and social media into actionable business insights.

I-50: The company raised an undisclosed amount of venture funding from Automotive Ventures in October 2023. The company is a developer of an AI-based vision system that helps manufacturers track, measure and improve their manual production processes.

That’s No Moon: The company raised $9.7 million of venture funding from undisclosed investors on September 29, 2023. The company is a AAA game development studio that creates narrative-driven, videogame experiences.

Luda: The company raised $7 million of venture funding in a deal led by BITKRAFT Ventures and Compound on September 28, 2023. Jeff Dean and Illia Polosukhin also participated in the round. The company is a developer of an AI platform that allows users to generate their own AI creations in accordance with physics without coding or animation.

Machine Discovery: The company received GBP 4.6 million of development capital from BGF, Foresight Group, Oxford Technology Management, East Innovate, Future Planet Capital and other undisclosed investors on September 26, 2023. The company’s platform runs simulations and leverages AI technology to accelerate calculations and provide clients with statistical insights.

SigNoz: The company raised $5.4 million of venture funding in a deal led by SignalFire on September 28, 2023. Uncorrelated Ventures, Alumni Ventures, Tom Preston-Werner and other undisclosed investors also participated in the round. The company is a developer of an application monitoring tool which helps developers monitor their applications like logs, metrics, exceptions, alerts, and dashboards and troubleshoot problems.

Assaia: The company raised an undisclosed amount of venture funding from JetBlue Ventures and Alaska Star Ventures on September 28, 2023. The company operates an airline awareness platform which allows airports and airlines to collect, track, and analyze data in real time.

Bardeen: The company raised an undisclosed amount of venture funding from HubSpot Ventures on September 27, 2023. The company is a developer of AI software that streamlines client workflows by automating repetitive tasks.

VanillaSoft: The company received an undisclosed amount of development capital from Tritium Partners on September 27, 2023. The company is a developer of a sales engagement platform intended to help clients easily access marketing information and share product details with customers.


M&A Transactions

AcceleratXR / Xsolla: The company was acquired by Xsolla for an undisclosed amount on September 27, 2023. The company is a developer of backend server technology designed for games and entertainment apps that can scale to millions of daily active users.

AT&T SportsNet Southwest / Houston Astros, Houston Rockets: The company, a subsidiary of Warner Bros. Discovery was acquired by Houston Rockets and Houston Astros for an undisclosed amount on September 29, 2023. The company is a Southwest regional sports broadcasting network based in Houston, Texas.

Bandcamp / Songtradr: The company was acquired by Songtradr for an undisclosed amount on September 29, 2023. Songtradr is backed by Argo Investments, Aware Super, Greencape Capital, Milamber Ventures, Perennial Partners, Regal Partners, Richard White, St. Baker Family Office and Unilever Ventures. The company is a developer of a music publishing platform designed for fans to discover and buy music.

Dartagnan / JustRelate Group: The company was acquired by JustRelate Group, via its financial sponsor BID Equity, through an LBO on September 29, 2023 for an undisclosed amount. The company is an operator of a content development e-platform intended to offer digital marketing services.

Gigantic Playground / CourtAvenue: The company was acquired by CourtAvenue for an undisclosed amount on September 26, 2023. The company is a developer of connected experience software for themed entertainment, retail commerce, smart home, digital health and smart cities.

Heap / ContentSquare: The company was acquired by ContentSquare for an undisclosed amount on September 28, 2023. The company is an operator of a digital insights platform that helps businesses gain a comprehensive view of their customers through website analytics.

Mission Data / Growth Acceleration Partners: The company was acquired by Growth Acceleration Partners for an undisclosed amount on September 26, 2023. The company is a provider of digital product development services and facilitates the practical application of technology for business.

NavTrac / Loadsmart: The company was acquired by Loadsmart for an undisclosed amount on September 28, 2023. The company is a developer of an artificial intelligence-powered yard management system designed to leverage computer vision and track physical assets.


Source: Pitchbook Data, Inc.

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