Technology Private Placement and M&A Transactions Review Week Ending October 9 2022

Altana AI: The company raised $100 million of Series B venture funding in a deal led by Activate Capital Partners on October 6, 2022. The company is an operator of an artificial intelligence platform intended to offer trade data management services.

Stability AI: The company raised $76.3 million of venture funding from Coatue Management and other undisclosed investors on October 5, 2022. The company is a developer of an open AI tool designed to create images based on text input given.

Carbon6 Technologies: The company raised $66 million of Series A venture funding through a combination of venture debt and equity in a deal led by White Star Capital on October 4, 2022. The company is a developer of e-commerce software bundler technology designed to simplify operational success for online entrepreneurs.

Kneron: The company raised $48 million of Series B venture funding from Foxconn International Holdings, Lite-On Technology, Horizons Ventures and ADATA Technology Company on October 5, 2022. The company is a developer of an application-specific integrated circuit designed to offer artificial intelligence-based tools to utilize computing power from cloud to edge devices.

Golden: The company raised $40 million of Series B venture funding in a deal led by Andreessen Horowitz on October 3, 2022, putting the company’s pre-money valuation at $120 million. The company is a develper of a self-constructing knowledge database platform intended to map and generate human knowledge in order to accelerate discovery and education.

Metalenz: The company raised $29 million of venture funding from undisclosed investors on October 5, 2022. The company is a developer of meta-optics designed to help in high-volume applications including consumer electronics, mobile phones, and automotive.

Clearspeed: The company raised $27 million of Series C venture funding from Ian McKinnon, Thomas O’Malley and Jeff Williams on October 6, 2022. The company is a developer of a voice analytics system designed to accurately pinpoint fraud in voice conversations.

SideQuest: The company raised GBP 10.4 million of Series A venture funding in a deal led by GV on October 3, 2022, putting the company’s pre-money valuation at GBP 31.6 million. The company is a developer of a virtual reality content platform designed for standalone virtual reality headsets.

WorkFusion: The company raised $8.8 million of venture funding from undisclosed investors on October 4, 2022. The company is a developer of an intelligent automation platform designed to elevate the application of human intelligence by automating work.

Hwy Haul: The company raised $8.8 million of Series A1 venture funding from undisclosed investors on October 7, 2022. The company is an operator of a digital freight marketplace intended to connect shippers with carriers for freight transportation services.

Multiscale Technologies: The company raised $5.2 million of venture funding from undisclosed investors on October 4, 2022. The company is an operator of a no-code artificial intelligence platform designed to accelerate research and development and materials innovation.

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Twitter / Elon Musk: The company reached a definitive agreement to be acquired by Mr. Elon Musk for $47.3 billion on October 4, 2022. Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content.

Trader Interactive / Carsales.com: The company was acquired by Carsales.com for AUD 1.17 billion on October 3, 2022. The company is a provider of online advertising and marketing services intended to serve power sport, recreational vehicle, commercial truck and equipment industries.

QinetiQ Space / Redwire: The company, a subsidiary of QinetiQ, reached a definitive agreement to be acquired by Redwire for EUR 32 million on October 3, 2022. The company is a provider of small space systems intended for civil and commercial space customers.

JellyWorks / Aquarius AI: The company reached a definitive agreement to be acquired by Aquarius AI for CAD 10 million as of October 5, 2022. The company is an operator of Web3 technology company intended to serve the gaming industry based out of Vancouver, Canada.

Airtel-Vodafone / Sure Business: The company reached a definitive agreement to be acquired by Sure Business, a subsidiary of Bahrain Telecommunications, for an undisclosed amount on October 3, 2022. The company is a provider of telecommunication services based in Saint Peter Port, Guernsey.

Bluecity / Velodyne Lidar: The company was acquired by Velodyne Lidar for an undisclosed amount on October 4, 2022. The company is a developer of a computer vision and traffic data platform designed to make streets safer for pedestrians, cyclists and motorists.

Era Software / ServiceNow: The company reached a definitive agreement to be acquired by ServiceNow for an undisclosed amount on October 5, 2022. The company is a developer of a time-series database designed for machine learning and anomaly detection.

Eurocinema / Invincible Entertainment Partners: The company was acquired by Invincible Entertainment Partners for an undisclosed amount on October 3, 2022. The company is an operator of cable TV channel intended to serve the film industry.

Gloria / Onefootball: The company reached a definitive agreement to be acquired by Onefootball for an undisclosed amount on October 4, 2022. The company is a developer of a social media platform designed for football fans across the globe.

Kinzen / Spotify: The company was acquired by Spotify for an undisclosed amount on October 5, 2022. The company is a developer of a human scaling platform intended to help citizens safeguard their conversations from information risk.

Onesheet / Chartmetric: The company was acquired by Chartmetric for an undisclosed amount on October 5, 2022. The company is an operator of an artist marketing tech platform based in the United Kingdom.

RafterOne / The Interpublic Group of Companies: The company was acquired by The Interpublic Group of Companies for an undisclosed amount on October 3, 2022. The company is an operator of a digital commerce services firm intended to help brands launch, manage and grow their e-commerce business.

The CW Television Network / Nexstar Media Group: The company was acquired by Nexstar Media Group for an undisclosed amount on August 15, 2022. The company is an operator of a broadcasting television network based in California, United States.

YTA Broadcast Network / Invincible Entertainment Partners: The company was acquired by Invincible Entertainment Partners for an undisclosed amount on October 5, 2022. The company is an operator of television channels based in Arlington, Texas.