Strategy | Financing Highlight 
Private Placement / Financing Transactions

Hayden AI: The company raised $53 million in Series B venture funding in a deal led by Drawdown Fund on October 18, 2023, putting the company’s pre-money valuation at $120 million. NTT DoCoMo and other undisclosed investors also participated in the round. The company is a developer of an autonomous traffic management platform designed to improve urban mobility.

HqO: The company raised an estimated $50 million of Series D venture funding in a deal led by Koch Real Estate Investments on October 18, 2023, putting the company’s pre-money valuation at $495 million. The Related Group, Insight Partners and Accomplice VC also participated in the round. The company is a developer of a tenant experience platform that converges data, technology, and the customer to drive tenant and employee retention.

Mind Foundry: The company raised $22 million of Series B venture funding from Parkwalk Advisors, Aioi Nissay Dowa Insurance Company of Europe and University of Oxford on October 17, 2023. The company is a developer of Artificial Intelligence software that uses algothithmic modeling to manage data and guide decision-making .

Skytap: The company raised $18 million of venture funding from Vistara Growth on October 19, 2023. The company is a developer of a cloud automation platform designed to modernize traditional enterprise applications.

Origin: The company raised $15.9 million of venture funding from undisclosed investors on October 17, 2023. The company is a developer of a wireless sensing device and platform designed to provide applications like indoor monitoring and security with the use of commercial WiFi devices.

Onebrief: The company raised $12.5 million of venture funding in the form of convertible debt from undisclosed investors on October 19, 2023. The company is a developer of a visual strategy platform designed to provide artificial intelligence (AI) tools for campaign, contingency, and crisis planning.

Noodle Cat: The company raised $12 million of venture funding led by Hiro Capital, Sony Innovation Fund, Krafton, Makers Fund and other undisclosed investors on October 20, 2023. The company is a video game developer.

Mustard: The company raised $11 million of venture funding in the from of convertible debt, options and security from undisclosed investors on October 19, 2023. The company operates a coaching application that uses a smartphone camera and proprietary AI algorithms to offer advise and track progress.

Ai Build: The company raised $8.5 million of Series A venture funding in a deal led by IQ Capital Partners on October 19, 2023. Nikon, Seedcamp, SuperSeed, ACT Venture Partners and Atlas Ventures also participated in the round. The company is a developer of a 3D printing technology designed to make additive construction accessible through the use of artificial intelligence and affordable materials.

Percipient.ai: The company raised $8.5 million of venture funding from undisclosed investors on October 19, 2023. The company is a developer of Artificial Intelligence products and services to address critical national security and intelligence missions.

Quest Portal: The company raised $7.6 million of venture funding from Bing Gordon, Rahul Vohra and Hilmar Veigar Pétursson on October 20, 2023. Birgir Ragnarsson, Mika Salmi, Beatrice Slprandi, Sigurdur Arnljotsson and other undisclosed investors also participated in the round. The company is a developer of a digital platform for tabletop roleplaying.

KLleon: The company raised KRW 9.5 billion of Series A venture funding from Samsung Venture Investment, Rainbow Bridge World, and Kakao Investment on October 18, 2023. LB Investment also participated in the round. The company is a developer of a deep learning technology platform intended for creating video and voice generation.


M&A Transactions

Animated Insights / Clockworks Analytics: The company was acquired by Clockworks Analytics for an undisclosed amount on October 17, 2023. The company operates a digital twin technology platform created to digitize the world through AI.

FaZe Clan / GameSquare Holdings: The company reached a definitive agreement to be acquired by GameSquare Holdings for an undisclosed amount on October 20, 2023. FaZe Holdings Inc is a digital-native lifestyle and media platform focused on gaming and youth culture.

IDEALworks / Agile Robots: The company, a subsidiary of BMW Group was acquired by Agile Robots for an undisclosed amount on October 17, 2023. The company develops deep tech solutions and autonomous robots for logistics and industrial automation.

Luna Solutions / FittingBox: The company, a subsidiary of 1-800 Contacts, was acquired by FittingBox, a subsidiary of Jins Holdings, for an undisclosed amount on October 19, 2023. The eyewear company is a developer of a virtual try-on and frame recommendation technology.

Moment / Patreon: The company was acquired by Patreon for an undisclosed amount on October 17, 2023. The company is an operator of a livestream platform designed for events and ticketed experiences to help creators stream live.

Stellar / Magellan Jets: The company was acquired by Magellan Jets for an undisclosed amount on October 17, 2023. The company is a developer of a real-time sourcing platform and digital marketplace designed for private and business aviation needs.

Tastypill / Azur Games: The company was acquired by Azur Games for an undisclosed amount on October 18, 2023. The company develops mobile videogames.

Whooz / EDM Media Group: The company was acquired by EDM Media Group, via its financial sponsor NewPort Capital, through an LBO on October 19, 2023 for an undisclosed amount. The company is a developer of a market segmentation platform intended to make big data transparent, understandable and applicable.


Source: Pitchbook Data, Inc.

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