Technology Private Placement and M&A Transactions Review Week Ending October 13, 2024

Writer: The company is in the process of raising $200 million of venture funding as of October 9, 2024, putting the company’s pre-money valuation at $1.7 billion. The company is a developer of a full-stack generative artificial intelligence platform designed to provide organized workflows.

TensorWave: The company raised $43 million of venture funding in a deal led by Nexus Venture Partners on October 8, 2024 in the form of SAFE notes. AMD Ventures, StartupNV, TransLink Capital and Maverick Capital also participated in the round. The company is a developer of a cloud platform designed for AI Workloads.

Prophecy: The company raised $38.8 million of venture funding from undisclosed investors on October 10, 2024. The company is a developer of a data transformation platform designed for building, deploying and observing data pipelines.

MeWe: The company raised $33 million of Series B venture funding in a deal led by McCourt Global on October 9, 2024. Staenberg Venture Partners and other undisclosed investors also participated in the round. The company is a developer of a social networking platform focused on data privacy.

Pony.ai: The company raised $27 million of venture funding from GAC Capital on October 10, 2024. The company is a developer of safe and reliable autonomous driving technology.

Distributional: The company raised $19 million of Series A venture funding in a deal led by Two Sigma Ventures on October 8, 2024, putting the company’s pre-money valuation at $71 million. NextEra Energy, Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence Venture Capital, Alumni Ventures and other undisclosed investors also participated in the round. The company is a developer of an AI testing and evaluation platform.

Corvus Robotics: The company raised $18 million of Series A venture funding in a deal led by Spero Ventures and S2G Ventures on October 8, 2024. The company is a manufacturer of unmanned warehouse inventory drones.

Claim: The company raised $12 million of Series A venture funding in a deal led by VMG Partners on October 8, 2024, putting the company’s pre-money valuation at $48 million. Susa Ventures, Sequoia Capital, Lightbank and other undisclosed investors also participated in the round. The company is an operator of a social shopping application.

Stellar: The company raised $9.3 million of venture funding in a deal led by Elewit on October 8, 2024. Linden Capital, Primo Ventures and Alchimia Investments also participated in the round. The company is a developer of a broadband internet technology.

Dragonz Land: The company raised $9 million of venture funding in a deal led by Syndicate Capital Group on October 9, 2024. The company is an operator of a Web3 gaming studio.

All3D: The company raised $8.8 million of venture funding from undisclosed investors on October 11, 2024. $3.7 million was raised in the form of SAFE notes and subsequently got converted to equity. The company is a developer of AI-based three-dimensional scanning and animation technology.

Vozzi: The company received $7 million of development capital from Growth Street Partners on October 8, 2024. The company is a developer of a SMS/MMS messaging platform designed to enhance fan engagement and drive revenue for the sports and entertainment industry.

Tildei: The company raised $6 million of venture funding in a deal led by Susa Ventures on October 8, 2024. m]x[v Capital, Ludlow Ventures, Gradient Ventures, Lerer Hippeau, Vine Ventures, Marcelo Claure and Jason M. Lemkin also participated in the round. The company is a developer of an AI-powered marketing platform intended to help businesses to send personalized messages.

Bigeye: The company raised $5 million of venture funding from United Services Automobile Association and Correlation Ventures on October 9, 2024. The company is a developer of a data monitoring platform designed to improve the quality of data used for businesses.

Emojot: The company raised venture funding on October 8, 2024. The funds will be used to accelerate growth. The company is a developer of an audience engagement platform that offers real-time review monitoring, AI-driven insights, and competitor benchmarking.

Kajeet: The company received an undisclosed amount of development capital from MWP Growth Capital on October 8, 2024. The company is an IoT connectivity services provider.

LeagueApps: The company raised an undisclosed amount of venture funding in a deal co-led by Accel-KKR and Arctos Partners on October 11, 2024. The company is a developer of a youth sports management and registration platform designed to scale and monetize leagues and events.

livil: The company raised an undisclosed amount of venture funding in a deal led by bmp Ventures on October 10, 2024. The company’s software offers productivity solutions for application in mobility, enterprise, and in software development.

Nasuni: The company received growth capital from Vista Equity Partners on October 10, 2024. The company is a developer of an enterprise cloud storage and file-sharing platform.

Phantasma Labs: The company raised an undisclosed amount of venture funding from RunwayFBU and Momenta Partners on October 7, 2024. The company helps self-driving cars understand humans better through human behaviour datasets.

Polymet: The company raised an undisclosed amount of venture funding from Pioneer Fund and Imagination Capital on October 8, 2024. The company is a developer of an AI-driven product design and development platform.

Airspan Networks / Fortress Investment Group: The company was acquired by Fortress Investment Group and other undisclosed investors through a $85.4 million public-to-private LBO on October 11, 2024. Airspan Networks Holdings Inc is a designer and producer of wireless network equipment for 4G and 5G networks for both mainstream public telecommunications service providers and private network implementations.

Zappar / Infinite Reality: The company was acquired by Infinite Reality, a subsidiary of Display Social, for $45 million on October 8, 2024. The company is a developer of an extended reality platform with a product suite enabling brands to create, experience, and manage 3D websites, applications, and augmented reality content.

Breadcrumbs / MadKudu: The company was acquired by MadKudu for an undisclosed amount on October 11, 2024. The company is a developer of a digital marketing and creative agency.

Bucket.io / ScoreApp: The company was acquired by ScoreApp for an undisclosed amount on October 8, 2024. The company is a developer of a SaaS market segmentation technology that enables marketers and entrepreneurs to build multi-step segmentation funnels.

Exoprise / 1E: The company was acquired by 1E, via its financial sponsor The Carlyle Group, through an LBO on October 9, 2024 for an undisclosed amount. The company is a developer of an application performance monitoring platform designed to enhance cloud-based applications.

Joyn / BNP Paribas Fortis: The company reached a definitive agreement to be acquired by BNP Paribas Fortis for an undisclosed amount on October 8, 2024. The company is a developer of a B2B loyalty and customer engagement platform.

MarketMuse / Siteimprove: The company entered into a definitive agreement to be acquired by Siteimprove, via its financial sponsor Nordic Capital, through an LBO on October 8, 2024 for an undisclosed amount. The company is a developer of AI-powered content optimization and plannning software.

Powr / Pender Growth Fund.: The company, a subsidiary of Pluribus Technologies, was acquired by Pender Growth Fund and Acorn Partners Investment through an LBO on October 11, 2024 for an undisclosed amount. The company is an operator of a customized plugin library intended to serve eCommerce businesses.

Score Beo / The Irish Times: The company was acquired by The Irish Times for an undisclosed amount on October 10, 2024. The company is a developer of a live score application based in Mornington, Ireland.

Stanley Robotics / HL Group: The company was acquired by HL Group for an undisclosed amount on October 8, 2024. The business is a deep tech company that combines hardware and software to provide solutions for outdoor robot logistics.

The Bot Platform / Flip: The company was acquired by Flip for an undisclosed amount on October 10, 2024. The company is a developer of an enterprise bot-building platform.

The Light Cinemas / Melcorpo: The company was acquired by Melcorpo and Mr. Luke Johnson for an undisclosed amount on October 10, 2024. The company is an operator of a chain of cinema theatres across London, United Kingdom.

TweetBeam / Walls.io: The company was acquired by Walls.io for an undisclosed amount on October 10, 2024. The company is a developer of social media and data visualization software intended for event professionals and brands.

WW Entertainment / Vuelta Group: The company was acquired by Vuelta Group for an undisclosed amount on October 8, 2024. The company is an operator of an independent film distribution business with operations in Benelux, Netherlands and Belgium.

Xosqe Media / XOSQE: The company was acquired by XOSQE for an undisclosed amount on October 8, 2024. The company is a provider of digital media services offering content creation, social media management, and digital marketing strategies.

Vidds / ShowHeroes: The company was acquired by ShowHeroes for an undisclosed amount on October 8, 2024. The company is an operator of an AI-powered video creation and editing platform.

Source: Pitchbook Data, Inc.