Strategy | Financing Highlight

Private Placement / Financing Transactions

Swiftly: The company raised $100 million of Series C venture funding in a deal led by BRV Capital Management on September 19, 2022, putting the company’s pre-money valuation at $900 million. Other undisclosed investors also participated in the round. The company is a developer of a digital platform designed for Brick-and-Mortar retailers, consumer packaged goods (CPG) brands, and customers in stores every day.

Theorycraft: The company raised $50 million of Series B venture funding in a deal led by Makers Fund on September 22, 2022, putting the company’s pre-money valuation at $390 million. New Enterprise Associates and Andreessen Horowitz also participated in the round. The company is a developer of a gaming platform designed to offer the deepest games for the gaming community.

Zenchef: The company raised EUR 50 million of venture funding from Providence Strategic Growth on September 20, 2022. The company is a developer of a digital synchronization platform designed to let restaurants create their own websites and manage incoming reservations.

Hadean: The company raised $30 million of Series A venture funding in a deal led by Molten Ventures on September 23, 2022. Epic Games, Alumni Ventures, 2050 Capital, Aster Capital, In-Q-Tel, Entrepreneur First and Tencent also participated in the round. The company is a developer of a cloud-first distributed computing platform designed to help developers to build, run, and scale real-time applications.

Coalesce: The company raised $23.2 million through a combination of Series A1 & Series A2 venture funding from undisclosed investors on September 21, 2022, putting the company’s pre-money valuation at $50 million. The company is a developer of data management software designed to automate data operations.

Superb AI: The company raised $16 million of Series B venture funding from KT investment, KT&G and Halla Group on September 21, 2022, putting the company’s pre-money valuation at $120 million. Premier Partners, Duke Angel Network and Korea Development Bank also participated in the round. The company is a developer of an artificial intelligence-based enterprise training data platform designed to generate customized training data for machine learning projects.

Motion: The company raised $13 million of Series A venture funding in a deal led by SignalFire on September 19, 2022. Uncommon Capital, 468 Capital, Cyrus Mistry, Sam Altman, and other undisclosed investors also participated in the round. The company is a developer of a time management tool designed to help prevent distractions and manage all meeting schedules at work.

Cameo: The company raised $12. 9 million of venture funding from undisclosed investors on September 23, 2022. The company is an operator of a video shout-out platform intended to create personalized and authentic fan experiences.

Voxel51: The company raised $12.5 million of Series A venture funding in a deal led by Drive Capital on September 21, 2022, putting the company’s pre-money valuation at $30 million. eLab Ventures, Shasta Ventures, Top Harvest Capital, iD Ventures America, Harvest Venture Partners, and the University of Michigan MINTS also participated in the round. The company is an operator of an AI software company designed to transform raw video footage and images into actionable intelligence.

Prewave: The company raised $11 million of Series A venture funding in a deal Co-led by Ventech and Kompas VC on September 21, 2022. Speedinvest, IST cube, aws Gründerfonds, seed + speed Ventures, Segnalita Ventures, and Working Capital also participated in the round. The company is a developer of a data analytics platform designed to predict supply chain risks by analyzing data.

Murf.AI: The company raised $10 million of Series A venture funding in a deal led by Matrix Partners India on September 21, 2022. Elevation Capital, Ankit Bhati, Ashwini Ashokan, Pushkar Mukevar, Ajay Arora, Yamini Bhat, and other undisclosed investors also participated in the round. The company is a developer of an AI-based studio designed for lifelike AI voices for podcasts, videos, and professional presentations.

Optelos: The company raised an undisclosed amount of Series A venture funding from Mitchell Capital Management on September 21, 2022. The company is a provider of a data management and analytics software designed to manage visual data received through drones.


M&A Transactions

Secret Cinema / todaytixgroup: The company was acquired by todaytixgroup for $100 million on September 22, 2022. The company is an operator of film screenings services intended to empower young people from diverse communities to engage in culture and have a voice.

Smoking Gun Interactive / Keywords Studios: The company was acquired by Keywords Studios for CAD 40 million on September 21, 2022. The company is an operator of a game studio intended to create revolutionary gaming experiences.

FOEX / Oracle: The company was acquired by Oracle for an undisclosed amount on September 21, 2022. The company is a developer of a plugin interface software designed to simplify the way enterprise-grade web applications are created.

Localist / Concept3D: The company was acquired by Concept3D for an undisclosed amount on September 20, 2022. The company is a developer of an online event marketing platform designed to centralize event content workflows so users can focus on the events.

NBC Sports Group / Monumental Sports & Entertainment: The company was acquired by Monumental Sports & Entertainment for an undisclosed amount on September 20, 2022. The company is a provider of television broadcasting services based in Stamford, Connecticut.

Nectar 9 / Tailwind: The company was acquired by Tailwind for an undisclosed amount on September 22, 2022. The company is a developer of cross-channel marketing SaaS software located in San Francisco, California.

RapidMiner / Altair Engineering: The company was acquired by Altair Engineering for an undisclosed amount on September 19, 2022. The company is a developer of a data science platform designed to transform data into simplified business outcomes.

SSIMWAVE / IMAX: The company was acquired by IMAX for an undisclosed amount on September 22, 2022. The company is a developer of a video experience automation platform designed to define the future of video delivery with viewer intelligence.

Virtualyz / Virteem: The company was acquired by Virteem for an undisclosed amount on September 22, 2022. The company is a provider of virtual reality and 3D modeling solutions catering to the housing, communication and industrial sectors.

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