Strategy | Financing Highlight
Private Placement / Financing Transactions
Jasper: The company raised $125 million of Series A venture funding in a deal led by Insight Partners on October 18, 2022, putting the company’s pre-money valuation at $1.38 billion. HubSpot Ventures, Coatue Management, Foundation Capital, Bessemer Venture Partners and IVP also participated in the round. The company is a developer of an AI content platform that enables individuals and teams to repackage what they’ve written, create original images, and adapt content to different formats and languages.

RisingWave Labs: The company raised $36 million of Series A venture funding in a deal led by Yunqi Partners on October 18, 2022. The company is a developer of next-generation database systems designed to reduce the complexity and cost of building real-time applications.

Ambi Robotics: The company raised $32 million of Series B venture funding in the form of SAFE notes in a deal led by Bow Capital and Tiger Global Management on October 17, 2022. Pitney Bowes and Ahren Innovation Capital also participated in the round. The company is a developer of adaptable AI robotics built to help simplify the supply chain.

Stardust: The company raised $30 million of Series A venture funding in a deal led by Framework Ventures on October 18, 2022. Blockchain Capital, Distributed Global and Acrew Capital also participated in the round.The company is a developer of a SaaS platform designed to help developers to build blockchain and integrate NFTs (non-fungible tokens) into their games at scale with only a few lines of code.

Odyssey Interactive: The company raised $19 million of Series A venture funding in a deal led by Makers Fund on October 21, 2022. Andreessen Horowitz, Anthos Capital, The Mini Fund, and Mitch Lasky also participated in the round. The company is an operator of a game development studio intended to create games with emotional potential.

Makersite: The company raised EUR 18 million of Series A venture funding led by Hitachi Ventures and TransLink Capital on October 18, 2022. Kompas VC and Planet A also participated in the round. The company is a developer of data management software designed for the global manufacturing industry to manage product sustainability, cost, and compliance.

Tellius: The company raised $16 million of Series B venture funding in a deal led by Baird Capital on October 20, 2022. Sands Capital, Grotech Ventures and Veraz Investments also participated in the round. The company is a developer of a decision intelligence platform intended to accelerate data-driven insight and decision-making for enterprises.

Delysium: The company raised $10 million of venture funding in a deal led by Anthos Capital on October 18, 2022. Immutable, Antalpha Ventures, Perion, Blockchain Coinvestors, Leonis Capital, GSR Ventures and Formless Capital also participated in the round. The company is a developer of a web3 game intended for PC and cloud gaming.

The Quant Edge: The company raised $10 million of venture funding from Livingston Securities on October 17, 2022. The company is a developer of a tool intended to get instant updates on game predictions.

VITURE: The company raised $10 million of venture funding in a deal led by BAI Capital and Verity Venture Partners on October 19, 2022. The company is a developer of augmented reality glasses designed to play games and watch movies.

AlterVerse: The company raised an undisclosed amount of venture funding from Polka Bridge, Ankr and Enjinstarter on October 17, 2022. BaseLayer Ventures, Binance Labs and Polygon Ventures also participated in the round. The company is a developer of software for that combines real-world experiences and high-end immersive gaming in the Metaverse.


M&A Transactions
Communications Corporation of America / Dm Moore Group: The company, a subsidiary of Nexstar Media Group, was acquired by Dm Moore Group for an undisclosed amount on October 18, 2022. The company is an operator of television stations and provider of broadcast and digital media services based in Lafayette, Louisiana.

digi.me / World Data Exchange: The company was acquired by World Data Exchange for an undisclosed amount on October 17, 2022. The company is an operator of a data sourcing application designed and intended to be used for downloading content from social networks.

Giphy / Undisclosed Investor: The company was acquired for an undisclosed amount on October 18, 2022. The company is a developer of an animated graphics interchange format (GIF) based platform designed to create short-form entertainment and visual communication.

IndaHash / ArabyAds: The company was acquired by ArabyAds for an undisclosed amount on October 20, 2022. The company is an operator of a marketing platform intended to integrate social media content creators with advertising.

Ododo / Amenitiz: The company was acquired by Amenitiz for an undisclosed amount on October 19, 2022. The company is an operator of a platform intended to provide online training services.

Parler / Individual Investor: The company reached a definitive agreement to be acquired by Kanye West for an undisclosed amount on October 17, 2022. The company is a developer of a social networking platform intended to protect users’ rights, support publishers, and build online communities.

Qzzr / Riddle: The company was acquired by Riddle for an undisclosed amount on October 18, 2022. The company is a developer of interactive content tools designed to create, embed and share personalized quizzes.

Redact / Usko: The company was acquired by Usko for an undisclosed amount on October 19, 2022. The company is a developer of a content deletion platform intended to remove content from social networks.

Stomp Sessions / Pocket Outdoor Media: The company was acquired by Pocket Outdoor Media for an undisclosed amount on October 18, 2022. The company is an operator of a digital learning platform intended to provide action sports courses and tutorials.

Yesware / Vendasta: The company was acquired by Vendasta for an undisclosed amount on October 17, 2022. The company is a developer of email tracking software designed to connect businesses with prospects and track customer engagement.


Source: Pitchbook Data, Inc.

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