Technology Private Placement and M&A Transactions Review Week Ending October 5, 2025

Cerebras: The company raised $1.1 billion of Series G venture funding in a deal led by Fidelity, Atreides Management and Tiger Global Management on September 30, 2025, putting the company’s pre-money valuation at $7 billion. Alpha Wave Global, Valor Equity Partners, 1789 Capital, Benchmark Capital Holdings, Altimeter Capital Management, Flat Capital and Flybridge (New York) also participated in the round. Cerebras Systems Inc is an AI company that designs processors for AI training and inference.

Nscale: The company raised $433 million of venture funding in the form of SAFE notes from Nvidia, Nokia and Dell Technologies on October 1, 2025. Blue Owl Capital and other undisclosed investors also participated in the round. The company is a developer of a high-performance compute platform designed for simplifying artificial intelligence workloads and scaling generative models.

Vercel: The company raised $300 million of Series F venture funding in a deal led by Accel and GIC Private on September 30, 2025, putting the company’s pre-money valuation at $9 billion. GV, Salesforce Ventures, Adams Street Partners, General Catalyst, Octant Ventures, Khosla Ventures, Tiger Global Management, Notable Capital, BlackRock, StepStone Group, Coatue Management and Schroders also participated in the round. The company is a developer of a cloud-based workflow platform designed to optimize the development and deployment experience for frontend teams.

Modal Labs: The company raised $87 million of Series B venture funding in a deal led by Lux Capital on September 29, 2025. Definition, Amplify Partners, Redpoint Ventures, and AGI House also participated in the round. The company is a developer of cost efficient cloud infrastructure for AI and machine learning workloads.

PostHog: The company raised $75 million of Series E venture funding in a deal led by Peak XV Partners on September 30, 2025, putting the company’s pre-money valuation at $1.33 billion. GV, Stripe, Formus Capital, Y Combinator, and other undisclosed investors also participated in the round. The company is a developer of a product analytics platform designed to analyze, test, observe and deploy new features.

Vibe.co: The company raised $50 million of Series B venture funding in a deal led by Hedosophia on September 30, 2025, putting the company’s pre-money valuation at $360 million. Revolut, Quantum Light Management, Elaia Partners, Singular., Carolyn Everson, Ilkka Paananen and Illusian Founder Office also participated in the round. The company is a developer of a programmatic advertising platform designed to detect and target audiences based on keywords.

BASSEM Studios: The company raised $22 million of venture funding in a deal led by 3L Capital on September 29, 2025. The company is an operator of a digital media production company focused on political satire and commentary.

AGI, Inc: The company raised $20 million of venture funding from Seed Round Capital, Menlo Ventures and AGI House on September 29, 2025. Red Bridge Ventures, Tournon Ventures, General Catalyst, Calm Ventures, 2468 Ventures and DealBench also participated in the round. The company is a developer of artificial intelligence agents designed to automate and augment cognitive tasks.

AdPipe: The company raised $12 million of Series A venture funding in a deal led by LGVP on September 30, 2025, putting the company’s pre-money valuation at $62 million. Atlanta Ventures, Tech Square Ventures, Emery Wells, Thomas Noonan, and other undisclosed investors also participated in the round. The company is a developer of an AI-powered video marketing platform that helps brands and marketing teams efficiently find, create, and deliver video content at scale.

Anything: The company raised $11 million of Series A venture funding in a deal led by Footwork on September 29, 2025, putting the company’s pre-money valuation at $89 million. Uncork Capital, Bessemer Venture Partners and M13 also participated in the round. The company is a developer of an AI-powered app builder that converts prompts into fully functional mobile and web applications.

We at Create: The company raised $11 million of Series A venture funding in a deal led by Footwork on September 29, 2025, putting the company’s pre-money valuation at $89 million. Uncork Capital, Bessemer Venture Partners and M13 also participated in the round. The company is a developer of a software product studio that develops custom applications and provides engineering capacity for projects.

Plugilo: The company raised $10 million of venture funding from Greens Valley Investments on September 29, 2025, putting the company’s pre-money valuation at $40 million. The company is an operator of a content management platform intended to connect users with brands through standardized product data content.

Supernova: The company raised $9.2 million of Series A venture funding in a deal led by Taiwania Capital on September 30, 2025. Credo Ventures, Kaya VC, EQT Ventures, Wing Venture Capital, J&T Ventures, Reflex Capital and Y Combinator also participated in the round. The company is a developer of a design-to-code automation software that translates design files into production-ready code for development teams.

i-Genie.ai: The company raised $7.5 million of Series A venture funding in a deal led by Silicon Road and Mudita Venture Partners on September 29, 2025. Vine Stone Ventures, Deborah Weinswig, Todd E. Benson and other undisclosed investors also participated in the round. The company is a developer of an AI-powered insights platform that provides consumer intelligence and market research for brands and retailers.

Dashmote: The company raised EUR 6 million of venture funding in a deal led by Rabobank Breda and Blossom Street Ventures on October 1, 2025. AccelerAsia also participated in the round. The company is a developer of a data democratization platform designed to source and analyze publicly available information.

PEAK AIO: The company raised GBP 5 million of venture funding in a deal led by Pembroke Venture Capital Trust on October 2, 2025. Praetura Ventures and Northern Powerhouse Investment Fund also participated in the round. The company is a developer of data storage infrastructure and management software optimized for artificial intelligence and high-performance computing workloads..

Black Forest Labs: The company is reportedly in the process of raising an undisclosed amount of venture funding in a deal led by Andreessen Horowitz, putting the company’s post-money valuation at an estimated $4 billion. The company is a developer of generative artificial intelligence image models designed for visual content creation.

Candytrail: The company raised an undisclosed amount of venture funding from Brickyard in October 2025. The company is a developer of an artificial intelligence-based conversation intelligence platform intended to optimize performance and training for in-person sales teams.

Freya: The company raised an undisclosed amount of venture funding from Maiora Ventures in October 2025. The company is a developer of a voice-based artificial intelligence platform designed to automate inbound and outbound phone conversations for enterprise call centers.

Knapsack: The company raised an undisclosed amount of venture funding from Kubera Venture Capital in October 2025. The company is a developer of an artificial intelligence-based automated notes platform for enterprise information retrieval and collaboration.

Marvis: The company raised an undisclosed amount of venture funding from Aurelia Ventures on October 1, 2025. The company is a developer of proprietary AI models intended to create advanced digital clone agents.

Niantic Spatial: The company raised an undisclosed amount of venture funding from Dolby Family Ventures in October 2025. The company is a developer of geospatial scanning technology designed to capture high-quality 3D models of objects, spaces, and environments in real-time.

Qovery: The company raised Series A venture funding through a combination of debt and equity in a deal led by IRIS and Crane Venture Partners on September 30, 2025. Speedinvest, Irregular Expressions, Techstars, Alexis Le-Quoc, Sebastien Pahl, Krishna Visvanathan, Morgane Zerath, Dominik Tobschall, Olivier Pomel, Ott Kaukver, Julien Quintard, Jean-Baptiste Aviat, Jeremy Thomas, Liam Boogar-Azoulay, and other undisclosed investors also participated in the round. The company is a developer of a cloud application deployment and infrastructure automation platform designed for streamlining software development processes.

SambaNova Systems: The company received an undisclosed amount of development capital from IPO CLUB on September 29, 2025. The company is a developer of specialized hardware platforms and software systems for machine learning training and data analytics workloads.

Solsten: The company raised an undisclosed amount of venture funding in a deal led by Decathlon Capital Partners on September 30, 2025. The company is a developer of a psychological assessment platform that predicts audience preferences and engagement patterns.

Trailmix Labs: The company received an undisclosed amount of development capital from Acadia Capital Group on October 1, 2025. The company is a developer of an AI-powered workflow automation platform designed for business process optimization.

VAST Data: The company raised an undisclosed amount of venture funding in a deal led by Nvidia and CapitalG on October 5, 2025. The company is a developer of a data storage and management platform engineered for high-performance computing and data-intensive applications.

Graphio.ai: The company raised an undisclosed amount of venture funding from First Degree in October 2025. The company is a developer of an artificial intelligence-driven analytics software that identifies operational inefficiencies and optimizes business execution.

Kilo Code: The company raised an undisclosed amount of venture funding from Breakers in October 2025. The company is a developer of an open-source AI coding agent that automates software development tasks and programming workflows.

Lucent: The company raised an undisclosed amount of venture funding from Entrepreneurs First in October 2025. The company is an operator of an artificial intelligence-powered creative asset generation system designed for the production of user-generated style advertisements for digital advertising campaigns.

Electronic Arts / Affinity Partners: The company entered into a definitive agreement to be acquired by Affinity Partners, Silver Lake and Saudi Arabia’s Public Investment Fund through a $54.6 billion public-to-private LBO on September 29, 2025. Electronic Arts is a leading developer and publisher of video games.

Prepared / Axon Enterprise: The company was acquired by Axon Enterprise for over $800 million on October 2, 2025. The company is a developer of an AI-powered platform designed to enhance emergency response by streamlining call-taking, dispatch, and quality assurance.

Marigold Engage / Zeta Global Holdings: The company, a subsidiary of Campaign Monitor, reached a definitive agreement to be acquired by Zeta Global Holdings for $325 million on September 30, 2025. The company is a developer of an integrated marketing automation software that manages multi-channel customer engagement and conversion campaigns.

Sojern / RateGain Technology: The company reached a definitive agreement to be acquired by RateGain Technology for $250 million on September 30, 2025. The company is an operator of an artificial intelligence-based digital marketing platform that enables travel and hospitality businesses to drive direct bookings.

KinetX Aerospace / Intuitive Machines: The company was acquired by Intuitive Machines for $30 million on October 1, 2025. The company is a developer of aerospace systems designed for mission design, navigation, and spacecraft flight dynamics.

MagellanTV / Blue Ant Media: The company was acquired by Blue Ant Media for $12 million on October 2, 2025. The company is an operator of a subscription-based streaming service offering documentary content across science, history, and nature programming.

88.1 KLJT St. Louis / Gateway Creative Broadcasting: The company, a subsidiary of Educational Media Foundation, was acquired by Gateway Creative Broadcasting for $8.75 million on October 3, 2025. The company is an operator of a radio broadcast station featuring podcasts, music programming, theatrical content, film coverage, visual and performing arts, and classical music.

Cielo24 / Rev (Austin), Venture Capital Fund of America: The company was acquired by Rev, via its financial sponsor Venture Capital Fund of America, through an LBO on September 30, 2025 for an undisclosed amount. The company is a provider of video captioning, transcription, and accessibility services for media and entertainment clients.

Audioboom Group / Fox: The company has received bids to be acquired by Fox (NAS: FOXA) and iHeartMedia for an undisclosed amount on October 3, 2025. Audioboom Group PLC operates a podcast hosting and monetization platform that provides advertising technology, commercial distribution, marketing services, and production capabilities.

Cohort / Brevo: The company was acquired by Brevo for an undisclosed amount on October 1, 2025. The company is a developer of marketing engagement software that transforms customer account data into actionable communication channels for brand outreach.

Ioversal / Ross Video: The company was acquired by Ross Video for an undisclosed amount on October 2, 2025. The company is a developer of an audiovisual production workflow software that streamlines complex media production processes for creative professionals.

Neosync / Grow Therapy: The company was acquired by Grow Therapy for an undisclosed amount on October 1, 2025. The company is a developer of an open source data replication and anonymization platform designed to help developers build, deploy, and manage production-grade microservice architectures.

Nucreator / Manifest Financial: The company was acquired by Manifest Financial for an undisclosed amount on September 30, 2025. The company is a developer of advanced outreach automation software and tools for content creators and influencer marketing professionals.

OpenInt / Replit: The company was acquired by Replit for an undisclosed amount on September 30, 2025. The company is a developer of artificial intelligence-powered code generation technology that accelerates the development of software integrations with minimal coding requirements.

Oqton / Hubb Global Holdings: The company reached a definitive agreement to be acquired by Hubb Global Holdings for an undisclosed amount as of September 29, 2025. The company is a developer of an AI-based factory operating system intended to optimize production outcomes and maximize factory efficiency.

Rivos / Unknown Investor: The company reached a definitive agreement to be acquired for an undisclosed amount on September 30, 2025. The company is a manufacturer of specialized computing processors optimized for large language model inference and data analytics workloads.

Segments.ai / Uber: The company was acquired by Uber for an undisclosed amount on October 2, 2025. The company is a developer of multi-sensor data labeling and annotation software for training machine learning models with image, video, and sensor data.

Shake / Rival Games: The company was acquired by Rival for an undisclosed amount on September 30, 2025. The company is a developer of a gamified social engagement platform where users participate in contests and competitions to earn rewards.

Visual Electric / Perplexity AI: The company was acquired by Perplexity AI for an undisclosed amount on October 2, 2025. The company is a developer of an artificial intelligence-powered image generation technology that creates photorealistic and stylized visual content.