Strategy | Financing Highlight

Private Placement / Financing Transactions

SeatGeek: The company raised $238 million of Series E venture funding in a deal led by Accel on August 31, 2022, putting the company’s pre-money valuation at $1 billion. The company is an operator of a mobile-focused ticket platform designed to help fans buy and sell tickets for sports, concert and theater events.

Triller: The company raised $200 million of venture funding in the form of debt and equity from ClearVue Partners, Falcon Capital and Fubon Financial Holding Venture Capital on August 29, 2022, putting the company’s pre-money valuation at $2.8 billion. The company is an operator of a social video-sharing platform designed to create engaging media content.

Carbyne: The company raised $56 million of Series C venture funding in a deal led by Cox Enterprises and Hanaco Venture Capital on September 7, 2022, putting the company’s pre-money valuation at $344 million. The company is a developer of a national real-time emergency communication platform designed to provide public safety technology for emergency infrastructure.

OneSignal: The company raised $50 million of venture funding in a deal led by Balyasny Asset Management on September 1, 2022, putting the company’s pre-money valuation at $230 million. The company is a developer of customer engagement platform intended to send push notifications.

PolyAI: The company raised $40 million of Series B venture funding in a deal led by Georgian on September 7, 2022. The company is a developer of a conversational artificial intelligence platform designed to facilitate human-machine voice interaction.

Regal Voice: The company raised $38.5 million of venture funding in a deal led by Emergence Capital Partners on September 7, 2022. The company is a developer of an outbound phone and SMS sales platform designed to increase sales-led growth using real-time behavioral data.

Gravitee: The company raised $30 million of venture funding in a deal led by The Riverside Company on September 8, 2022. The company is a developer of an open-source API management platform designed to help organizations unify APIs into an easy-to-use and secure space.

Focal Point Positioning: The company raised GBP 15 million of Series C venture funding from Molten Ventures, Gresham House Asset Management and other undisclosed investors on September 8, 2022. The company is a developer of navigation and positioning software designed for smartphones, wearables, and the autonomous vehicle industry.

Flyability: The company raised CHF 15 million of Series C venture funding in a deal led by SBI Investment on September 7, 2022. The company is a manufacturer of flying drones and robots designed for the inspection and exploration of indoor, inaccessible, and confined spaces.

Realtime Robotics: The company raised $14.4 million of venture funding in a deal led by Soundproof Ventures, Heroic Ventures and SIP Global Partners on September 8, 2022. The company is a developer of specialized processors designed to transform how robots and autonomous vehicles move.

Revolving Games: The company raised $13.2 million of venture funding in a deal led by Pantera Capital on September 9, 2022. The company is an operator of a gaming studio intended to develop an online massively multiplayer game.

OQ Technology: The company raised EUR 13 million of Series A venture funding in a deal co-led by Wa’ed Ventures and 5G Ventures on September 1, 2022. The company is a provider of IoT communication solutions intended to deliver global 5G IoT communication.

Stacked: The company raised $12.9 million of Series A venture funding in a deal led by Pantera Capital on August 31, 2022. The company is a developer of a Web3 video and live-streaming platform designed for content creators to generate revenue.

Gameplay Galaxy: The company raised $12.8 million of venture funding in a deal led by Blockchain Capital on September 7, 2022. The company is a developer of a blockchain Web3 competitive gaming platform designed as a challenging sports game.

Netspeak Games: The company raised GBP 9.8 million of Series A venture funding in a deal led by Lakestar on September 7, 2022, putting the company’s pre-money valuation at GBP 17.5 million. The company is a developer of massively multiplayer games.

Playgig: The company raised $10.4 million of venture funding in a deal led by March Capital on September 1, 2022. The company is an operator of a game studio intended to provide captivating games where friends can play in a world of enthralling characters.

Stratifyd: The company raised $10 million of Series B3 venture funding in a deal led by Georgian on September 7, 2022, putting the company’s pre-money valuation at $40 million. The company is a developer of an end-to-end customer analytics platform designed to tailor marketing efforts.

HotStreak: The company raised $9 million of Series A venture funding in a deal led by Polychain Capital on September 7, 2022. The company is an operator of an online marketplace intended to offer blockchain-based digital sports collectibles.

Newsbridge: The company raised EUR 7 million of Series A venture funding in a deal led by Supernova Invest on September 9, 2022. The company is a developer of a media platform designed to help teams process a critical mass of media assets.

Levitate: The company raised $6 million of Series B2 venture funding from undisclosed investors on September 6, 2022, putting the company’s pre-money valuation at $78 million. The company is an operator of a customer relationship management platform.

Vantage Robotics: The company raised $5.5 million of convertible debt financing from undisclosed investors on August 30, 2022. The company is a developer of a camera drone designed to capture aerial videos.

AdOnce: The company raised an undisclosed amount of venture funding from Aschendorff NEXT in approximately September 2022. The company is a developer of an advertising technology intended to offer simplified access to online advertising.

Amie: The company raised an undisclosed amount of venture funding from Uncommon Projects and Spark Capital in September 2022. The company is a developer of a productivity software application intended to provide a frictionless scheduling and planning experience.

Applecart: The company raised an undisclosed amount of venture funding from K-Street Capital and Steven Lau in September 2022. The company is a developer of a social graph platform designed for corporations and trade associations to market to senior business decision-makers.

Concept3D: The company raised an undisclosed amount of venture funding from Level Equity in September 2022. The company is a developer of a digital mapping platform designed to create online experiences to engage visitors, investors, and clients.

GladIA: The company raised an undisclosed amount of venture funding from Kima Ventures in September 2022. The company is a developer of AI API library designed to offer a one-stop-shop for open-source AI APIs.

Muxy: The company raised an undisclosed amount of venture funding from Permit Ventures in approximately September 2022. The company is a developer of streaming analytics software intended to make live videos interactive.

Utopia Music: The company is in the process of raising Series C venture funding on August 31, 2022, putting the company’s post-valuation at EUR 1.5 billion. The company is a developer of a data tracking music ecosystem designed to help publishers and artists by creating new revenue streams, consolidating data, and decluttering the administration.


M&A Transactions

Vesper / Qualcomm: The company was acquired by Qualcomm for $160 million on August 31, 2022. The company is a developer of piezoelectric microphone products designed to improve the reliability of the voice user interface for smartphones, and smart speakers.

Phly / Dropp Labs: The company was acquired by Dropp Labs for $25 million on September 8, 2022. The company is a developer of a social metaverse application based in Wilmington, Delaware.

WildWorks / Nazara: The company was acquired by Nazara for $10.4 million on August 30, 2022. The company is a developer of an interactive gaming platform designed to provide entertainment for kids and their families.

Web 3.0 Holdings / Looking Glass Labs: The company was acquired by Looking Glass Labs for $2.1 million on September 8, 2022. The company is a developer of a software platform designed for solving infrastructure challenges within Web3 environments.

AdLibertas / Branch: The company was acquired by Branch for an undisclosed amount on September 1, 2022. The company is an operator of a predictive data platform intended to help mobile app developers leverage their own first-party user data.

Advanced Magnetic Interaction / BIC: The company was acquired by BIC for an undisclosed amount on September 6, 2022. The company is a developer of augmented interaction technology designed to offer interactions across industries.

Audiomy / Auddy: The company was acquired by Auddy for an undisclosed amount on August 30, 2022. The company is a provider of podcast advertising services for advertisers to reach their target audience.

Brandcast / Time: The company was acquired by Time for an undisclosed amount on August 30, 2022. The company is a developer of a no-code platform intended to create custom websites and personalized digital experiences with global brand styles.

CheckMobile / Texada Software: The company was acquired by Texada Software for an undisclosed amount on August 30, 2022. The company is a provider of a mobile process control and data processing service created for data acquisition and reporting.

Cingularity / IMG Worldwide: The company was acquired by IMG Worldwide, a subsidiary of Endeavor, for an undisclosed amount on September 1, 2022. The company is a provider of a broadcasting service intended to serve the media production industry.

Cyance / Expandi Group: The company was acquired by Expandi Group for an undisclosed amount on September 7, 2022. The company is a developer of a behavior insights technology platform designed to get a better view of buyer intent.

Evensi / Events.com: The company was acquired by Events.com for an undisclosed amount on August 30, 2022. The company is a developer of an events searching platform designed to help users get notifications about all nearby events.

Eversight / Instacart: The company was acquired by Instacart for an undisclosed amount on August 31, 2022. The company is a developer of a digital testing platform designed to offer expertise in promotions, in-store, and online retail pricing.

Napoli Management Group / Paradigm Talent Agency: The company was acquired by Paradigm Talent Agency for an undisclosed amount on September 7, 2022. The company is a provider of news broadcasting and talent representation services based in West Hollywood, California.

Nogin / Software Acquisition Group III: The company acquired Software Acquisition Group III through a reverse merger, resulting in the combined entity trading on NASDAQ Stock Exchange under the ticker symbol NOGN on August 29, 2022. Nogin Inc delivers commerce as a service to leading brands in the fashion, CPG, beauty, health, and wellness industries.

Outside Interactive / Kinomap: The company was acquired by Kinomap for an undisclosed amount on September 7, 2022. The company is a developer of a forward motion video software designed for treadmill runners.

Poker Coach / BetSperts: The company reached a definitive agreement to be acquired by BetSperts for an undisclosed amount on September 3, 2022. The company is a developer of a social media platform designed to offer sports gambling advice.

Quantic Dream / NetEase: The company was acquired by NetEase for an undisclosed amount on August 31, 2022. The company is an operator of an online gaming platform intended to offer science-fiction-based games.

Reactful / Metadata: The company was acquired by Metadata for an undisclosed amount on September 8, 2022. The company is an operator of a web engagement and conversion platform intended to automate content optimization on websites.

SDNsquare / Riedel Communications: The company was acquired by Riedel Communications for an undisclosed amount on September 6, 2022. The company is a developer of a data management platform designed for smooth data transfers and video streaming with a guaranteed end-to-end flow.

Spiketrap / Reddit: The company was acquired by Reddit for an undisclosed amount on September 1, 2022. The company is an operator of an artificial intelligence-driven consumer intelligence platform intended to analyze customer behavior.

SportsHub Games Network / SharpLink Gaming: The company reached a definitive agreement to be acquired by SharpLink Gaming for an undisclosed amount on September 8, 2022. The company is a developer of an e-sports and fantasy games content platform designed to support fan and brand engagement.

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