Technology Private Placement and M&A Transactions Review Week Ending October 6, 2024

Dexory: The company raised $80 million of Series B venture funding through a combination of equity and debt in a deal led by DTCP on October 1, 2024. Capnamic Ventures, Lakestar, Atomico, Latitude Ventures, WaVe-X, and Bootstrap Europe also participated in the round. The company is a developer of autonomous robots designed for warehouse automation.

ALL.SPACE: The company raised GBP 32.7 million of venture funding in a deal led by Ben Wallace and BOKA Group Holdings on October 2, 2024, putting the company’s pre-money valuation at GBP 97.6 million. Promus Ventures, Orbital Ventures, Seraphim Space, AE Ventures and other undisclosed investors also participated in the round. The company is a developer of smart terminal communication solutions designed to improve enterprise mobility across land, sea, and air.

Voyage AI: The company raised $20 million of Series A-1 venture funding in a deal led by CRV on October 3, 2024, putting the company’s pre-money valuation at $78 million. Snowflake, Databricks, Pear (California), Wing Venture Capital and Conviction Partners also participated in the round. The company is a developer of embedding models and rerankers for AI-powered search and retrieval.

Crescendo: The company raised an estimated $50 million of Series C venture funding in a deal led by General Catalyst on October 2, 2024, putting the company’s pre-money valuation at $500 million. Alorica, Celesta Capital, and other undisclosed investors also participated in the round. The company is a developer of an AI-powered full-stack customer service platform.

Valdera: The company raised $15 million of Series A venture funding in a deal led by Index Ventures on October 3, 2024, putting the company’s pre-money valuation at $56 million. BoxGroup, Susa Ventures, Lerer Hippeau, and other undisclosed investors also participated in the round. The company is a developer of an AI-powered chemicals and raw materials sourcing management platform.

Basetwo AI: The company raised $13.4 million of Series 4 Class A venture funding from undisclosed investors on October 2, 2024. The company is a developer of an AI copilot that empowers process engineers to optimize their manufacturing operations in real-time.

Dashtoon: The company raised $12.8 million of venture funding from undisclosed investors in October 2024. The company is a developer of an AI-powered digital comic creation and distribution platform.

Voliro: The company raised $12 million of Series A venture funding in a deal led by Cherry Ventures on October 3, 2024. The company is a developer of advanced aerial robots designed to complete precision tasks in challenging environments.

The Looma Project: The company raised $10 million in Series B venture funding from Triangle Tweener Fund, YETI Capital and other undisclosed investors on October 3, 2024, putting the company’s pre-money valuation at $46.8 million. The company is an operator of an in-store digital media platform focused on storytelling, education & recommendations for shoppers.

Ozone Story Tech: The company closed on $10 million of an undisclosed targeted amount of venture funding on September 30, 2024. The company is a developer of software technology for 3D character creation tools in the entertainment industry.

Agile Data Decisions: The company raised an undisclosed amount of venture funding from Qlarant Capital on September 30, 2024. The company is a developer of machine learning technology designed to extract and structure data from large-scale documents.

AI Tech Dragons: The company raised Series A venture funding on October 2, 2024, putting the company’s post-money valuation at $18 million. The company is a developer of a predictive analytics platform intended to connect AI model creators directly with consumers.

Mastertech.ai: The company raised an undisclosed amount of venture funding from VC 414 and Automotive Ventures on September 30, 2024. The company is a developer of an AI-powered car diagnosis platform.

New Republic Pictures: The company raised an undisclosed amount of venture funding from Shake and Bake in October 2024. The company is an operator of a movie production company.

Personal AI: The company raised an undisclosed amount of venture funding from BDev Ventures on October 1, 2024. The company is a developer of a communication platform wich mimics the user’s tone to create responsive and interactive messages.

PulpoAR: The company raised an undisclosed amount of venture funding from Leap Investments in October 2024. The company is a developer of an augmented shopping platform designed for beauty brands.

VideoGen: The company raised an undisclosed amount of venture funding from Strategxy Ventures in October 2024. The company is a developer of an AI-powered video generator.

ZenGuard AI: The company raised an undisclosed amount of venture funding from MOST Ventures in October 2024. The company is a developer of a platform designed to help developers build and scale generative AI applications securely.

DirecTV / TPG: The company, a subsidiary of AT&T has signed a definitive agreement to be acquired by TPG for $5.9 billion on September 30, 2024. The company is a provider of satellite television network and digital television entertainment services based in Englewood, Colorado.

Tampa Bay Lightning / Blue Owl Capital: The company was acquired by Blue Owl Capital through an estimated $2 billion LBO on October 2, 2024. The company is an operator of an ice hockey club based in Tampa, Florida.

3sat / Arte: The company reached a definitive agreement to be acquired by Arte for an undisclosed amount on October 2, 2024. The company is an operator of a television broadcasting channel.

Blue Chalk Media / Auspicious Group: The company was acquired by Auspicious Group for an undisclosed amount on October 1, 2024. The company is an operator of a media production company focused on nonfiction storytelling.

Butterfly / Better Place Forests: The company was acquired by Better Place Forests for an undisclosed amount on October 3, 2024. The company is an operator of a social media platform.

Deeper Insights / Unknown Investor: The company reached a definitive agreement to be acquired for an undisclosed amount on October 4, 2024. The company is a developer of artificial intelligence and machine learning software intended to establish new performance standards for scanning unstructured internet data.

Eversports / Verdane: The company was acquired by Verdane through an LBO on October 1, 2024 for an undisclosed amount. The company is an operator of an online sports booking platform.

Hakisa / Maffei & Co.: The company was acquired by Maffei & Co. for an undisclosed amount on September 30, 2024. The company is a developer of a community engagement and monetization platform intended to facilitate economic, social and environmental goals.

Knowland Group / Accel-KKR: The company was acquired by Cendyn, via its financial sponsors Haveli Investments, Accel-KKR and Public Pension Capital, through an LBO on October 1, 2024 for an undisclosed amount. The company is a developer of cloud-based data and analytics software intended for the hospitality industry.

Lex / 9count: The company was acquired by 9count for an undisclosed amount on September 30, 2024. The company is a developer of a text-based social media application.

LiveAction / Audax Private Equity: The company entered into a definitive agreement to be acquired by BlueCat Networks, via its financial sponsors Audax Private Equity and NB Capital Solutions, through an LBO on October 3, 2024. The company is a developer of a network performance monitoring software.

Mingo Smart Factory / Nulogy: The company was acquired by Nulogy, via its financial sponsors Rubicon Technology Partners, MaRS Investment Accelerator Fund, Intercap and EDC Investments, through an LBO on October 1, 2024 for an undisclosed amount. The company is a developer of a manufacturing analytics platform.

SEP / BIP Capital Partners: The company was acquired by BIP Capital Partners through an LBO on October 2, 2024 for an undisclosed amount. The company is an operator of a data protection company intended to protect cross-platform and heterogeneous information.

Super League Gaming / Infinite Reality: The company reached a definitive agreement to be acquired by Infinite Reality, a subsidiary of Display Social, for an undisclosed amount on October 1, 2024. The company is a publisher of immersive games and experiences.

Voggt / Fanatics Live: The company was acquired by Fanatics Live for an undisclosed amount on October 3, 2024. The company is an operator of a live selling platform for  sports collectibles and trading card games.

withSoul / Gloo: The company was acquired by Gloo for an undisclosed amount on September 30, 2024. The company is a developer of an AI-powered small business consulting platform.

Source: Pitchbook Data, Inc.