Technology Private Placement and M&A Transactions Review Week Ending September 17, 2023

Shield AI: The company raised $150 million of venture funding from undisclosed investors on September 14, 2023, putting the company’s pre-money valuation at $2.35 billion. The company is a developer of an artificial intelligence-based drone technology designed to protect service members and civilians with intelligent systems.

VideoAmp: The company raised $150 million of Series G venture funding led by Vista Credit Partners on September 13, 2023, putting the company’s pre-money valuation at $1.4 billion. The company is an operator of an integrated screen optimization platform designed to bring television and digital video advertising together.

Pixis: The company raised $85 million of Series C1 venture funding in a deal led by Touring Capital on September 14, 2023. Grupo Carso, General Atlantic, Chiratae Ventures India Advisors, Celesta Capital, and other undisclosed investors also participated in the round. The company is a developer of a codeless AI infrastructure designed to provide marketers with plug-and-play AI products without the need to write code.

Essential AI: The company raised $40 million of venture funding from undisclosed investors on September 13, 2023. The company’s software makes machine learning and artificial intelligence models for everyday use available in multiple languages.

rooom: The company raised EUR 17 million of venture funding in a deal led by Marondo Capital on September 11, 2023. Bryan, Garnier & Company, bm-t Beteiligungsmanagement Thuringen, and Technologiegründerfonds Sachsen and other undisclosed investors also participated in the round. The company is a developer of an online presentation platform designed to provide three-dimensional images.

Beat The Bomb: The company raised $15 million of Series B venture funding from Conversion Venture Capital and Otium Capital on September 14, 2023. The company is an operator of an interactive video gaming company intended to provide an immersive gaming experience.

Exostellar: The company raised $15 million of Series A venture funding in a deal led by Celesta Capital and Cambium Capital Management on September 13, 2023, putting the company’s pre-money valuation at $25 million. Eastlink Capital, Cap Table Coalition, Candou Ventures, Alpha Intelligence Capital, New York Venture Partners, and Empire State Development also participated in the round. The company is a developer of a cloud resource optimization and management platform intended to help enterprises reduce spending on cloud computing services.

Ometria: The company received GBP 8 million of development capital from Canadian Imperial Bank of Commerce on September 14, 2023. The company is a developer of a data unification and customer data insight platform designed for cross-channel marketing.

World Wrestling Entertainment / Endeavor: The company was acquired by Endeavor for $4.7 billion on September 12, 2023. World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events.

Scibids Technology / DoubleVerify: The company was acquired by DoubleVerify for $125 million on September 14, 2023. The company is a developer of a SaaS platform designed to solve the algorithmic trading challenges on behalf of media buyers.

ArtsAI / Claritas: The company was acquired by Claritas, via its financial sponsors The Carlyle Group, Indian Hill Group and AJI Capital, through an LBO on September 12, 2023 for an undisclosed amount. The company is a developer of an artificial intelligence technology designed for the automation of digital marketing.

deevio / Wenglor Sensoric: The company was acquired by Wenglor Sensoric for an undisclosed amount on September 15, 2023. people and provide real-time production insights.

Increasingly / Searchspring: The company was acquired by Searchspring, via its financial sponsor PSG, through an LBO on September 13, 2023 for an undisclosed amount. The company is a developer of an artificial intelligence-powered platform designed to cross-sell products.

Infinia ML / Aspirion Health Resources: The company was acquired by Aspirion Health Resources, via its financial sponsors Linden Capital Partners and Varsity Healthcare Partners, through an LBO on September 12, 2023 for an undisclosed amount. The company is a developer of transformative automation applications and an advanced machine-learning platform designed to understand documents and unlock insights.

Shift Media / EditShare: The company entered into a definitive agreement to be acquired by EditShare, via its financial sponsor ParkerGale Capital, through an LBO on September 11, 2023. The company is a developer of cloud-based media-specific collaboration software tools intended for media and entertainment enterprises, brands, and agencies.

Signpost / Hibu Group: The company was acquired by Hibu Group, via its financial sponsor H.I.G. Capital, through an LBO on September 11, 2023 for an undisclosed amount. The company is a developer of cloud-based customer relationship management software designed to help local businesses attract, connect with, and grow their customer base through calls, texts or emails.

Startselect / Recharge.com: The company was acquired by Recharge.com, via its financial sponsors Smartfin, Prime Ventures, Kreos Capital and Committed Capital, through an LBO on September 14, 2023 for an undisclosed amount. The company is a developer of a gaming platform designed to transform the game industry from physical to digital.

SuperDraft / The Sporting News: The company was acquired by The Sporting News, via its financial sponsor PAX Holdings (Family Office), through an LBO on September 13, 2023 for an undisclosed amount. The company’s application offers paid entry to the world of reward-based fantasy games, including NFL, MLB, NBA, NHL and golf.