Technology Private Placement and M&A Transactions Review

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Private Placement / Financing Transactions

Lumilens: The company raised $700 million of Series C venture funding in a deal led by Meritech, Seligman Ventures and Spark Capital on August 6, 2026, putting the company’s pre-money valuation at $4.8 billion. The company is a developer of photonic interconnects designed for scaling AI compute infrastructure.Whatnot: The company raised $545 million of Series G venture funding in a deal led by Lightspeed Venture Partners, Avra and ICONIQ Capital on August 7, 2026, putting the company’s pre-money valuation at $19.4 billion. The company is a developer of a live stream platform designed to trade limited-edition toys and collectibles.Olix: The company raised GBP 236.8 million of Series B venture funding from Hummingbird, Hudson River Trading and Arm on August 3, 2026, putting the company’s pre-money valuation at GBP 2.2 billion. The company is a developer of an artificial intelligence deployment platform designed to support the operational use of frontier AI systems.Emerald AI: The company raised $90.2 million of venture funding from undisclosed investors on August 3, 2026. The company is a developer of an infrastructure flexibility management platform designed to manage the interface between power grids and data centers.Convex: The company raised $57 million of Series B venture funding in a deal led by Insight Partners on August 4, 2026, putting the company’s pre-money valuation at $231 million. The company is a developer of a reactive backend-as-a-service platform designed to help software developers build serverless applications.Antioch: The company raised $31.4 million of venture funding from undisclosed investors on August 3, 2026. The company is a developer of a software simulation platform designed to enable the design, development, and testing of physical autonomous systems.Gravity: The company raised $30.5 million of Series A venture funding in a deal led by Lightspeed Venture Partners and Committed Capital Partners on August 6, 2026. The company is a developer of an AI-driven advertising integration system designed for monetizing conversational interfaces.Relixir: The company raised Series A venture funding in a deal led by Nexus Venture Partners on August 6, 2026, putting the company’s pre-money valuation at $95 million. The company is a developer of an AI generative engine optimization platform intended to improve ranking and sales in AI search environments.STELLA Automotive AI: The company raised $22.1 million of Series B venture funding in a deal led by Maroone USA on August 3, 2026. The company is a developer of conversational AI software for automotive dealerships, including phone, SMS and chat tools for service scheduling and customer inquiries.Skillbench: The company raised $15 million of venture funding from Asia2G Capital and other undisclosed investors on August 5, 2026. The company is a developer of an AI-powered workforce analytics platform designed to measure and optimize the impact of generative AI on employee productivity and skill development.Plugilo: The company raised $13.1 million of venture funding from Greens Valley Investments and other undisclosed investors on August 6, 2026. The company is a developer of structured content management software for organizing, validating and distributing business data across digital and AI channels.Blaze: The company raised $8.5 million of venture funding in a deal led by MaC Venture Capital and Flybridge on August 4, 2026. The company is a developer of no-code software for building internal tools, workflows and business applications.OctaiPipe: The company raised GBP 4.5 million of Series 3 venture funding from Momenta Ventures and other undisclosed investors on August 3, 2026, putting the company’s pre-money valuation at GBP 40.5 million. The company is a developer of an edge AI platform designed to build, deploy, and manage machine learning applications across connected industrial devices.AppWizzy: The company raised an undisclosed amount of venture funding from Mutatio Ventures and Eagle Travis Holdings on August 3, 2026. The company is a developer of AI-assisted software development tools for building, deploying and hosting web applications.Discovery Loop: The company raised an undisclosed amount of venture funding in a deal led by Radical Ventures and Khosla Ventures on August 5, 2026. The company is a developer of AI systems that automate experimental design, execution and analysis in science and engineering workflows.Gameball: The company raised an undisclosed amount of venture funding from LvlUp Ventures on August 6, 2026. The company is a developer of a marketing and customer relationship management platform for increasing customer retention and improving engagement.Ommo: The company raised $30 million of Series A venture funding in a deal led by Bayland Capital and VMS Group on August 7, 2026. The company is a developer of spatial intelligence systems designed to enable real-time three-dimensional tracking and interaction between humans, devices, and physical environments.Pie: The company raised an undisclosed amount of venture funding from AMEX Ventures on August 4, 2026. The company is a developer of AI-powered growth software for helping small businesses attract, engage and convert customers.

M&A Transactions

Electronic Arts / Affinity Partners: The company was acquired by Saudi Arabia’s Public Investment Fund, Affinity Partners and Silver Lake through a $55 billion public-to-private LBO on August 4, 2026. The company is a developer and publisher of video games for console, PC and mobile platforms.DoubleVerify / Brookfield Business: The company entered into a definitive agreement to be acquired by The Nielsen Company, via its financial sponsors Brookfield Business, Elliott Investment Management and Hybridge Capital Management, through a public-to-private transaction for an estimated $2.2 billion LBO on August 6, 2026. The company is a provider of an AI-powered digital advertising measurement and verification software for brand safety, fraud detection, viewability and campaign performance.Airtable / Bending Spoons: The company reached a definitive agreement to be acquired by Bending Spoons for $1.2 billion on August 4, 2026. The company is a developer of low-code software for building collaborative business applications and workflow databases.Full Swing Golf / Versant Media Group: The company was acquired by Versant Media Group for $530 million on August 3, 2026. The company is a developer and manufacturer of golf and multi-sport simulators intended for commercial, residential and entertainment venues.iMerit / ExlService Holdings: The company was acquired by ExlService Holdings for $310 million on August 3, 2026. The company is a developer of an AI data annotation and model evaluation platform designed to support the development of artificial intelligence systems.Yellow.ai / Bluerock Acquisition: The company reached a definitive agreement to acquire Bluerock Acquisition through a reverse merger for $175 million, resulting in the combined entity trading on the Nasdaq Stock Exchange under the ticker symbol YAI on August 03, 2026. The company is a developer of conversational AI software for automating customer support, service, and employee engagement workflows.Unity Software / Tripledot Studios: The Company, a subsidiary of Unity Software, was acquired by Tripledot Studios for $40 million on August 6, 2026. The company is an operator of a mobile game publishing platform.Loomia / Unichem: The company reached a definitive agreement to be acquired by Unichem for $6.3 million on August 4, 2026. The company is a developer of flexible electronic circuit systems that can be integrated into textiles, automotive interiors and other soft goods.Agency / Klaviyo: The company reached a definitive agreement to be acquired by Klaviyo for an undisclosed amount on August 5, 2026. The company is a developer of AI customer success software for automating post-sales workflows and account management tasks.Astralis / Lane Four: The company, a subsidiary of Apps Associates, was acquired by Lane Four, via its financial sponsor VSS Capital Partners, through an LBO on August 4, 2026 for an undisclosed amount. The company is a developer of Salesforce consulting and customer relationship management software designed for high-tech, manufacturing, and life sciences organizations.CustomerGlu / Capillary Technologies India: The company was acquired by Capillary Technologies India for an undisclosed amount on August 4, 2026. The company is a developer of low-code customer engagement software for adding gamified experiences, referrals and interactive campaigns to digital products.Enkrypt AI / Anaconda: The company was acquired by Anaconda for an undisclosed amount on August 4, 2026. The company is a developer of AI security and compliance software for testing, monitoring and governing generative AI applications.Nexus Photonics / IonQ: The company was acquired by IonQ for an undisclosed amount on August 6, 2026. The company is a developer of integrated photonics technology for quantum computing, communications and optical systems.Photeon Technologies / GlobalFoundries: The company was acquired by GlobalFoundries for an undisclosed amount on August 4, 2026. The company is a developer of semiconductor components and integrated circuit design services intended for high-efficiency power management and sensing applications.Portrait Creative Network / Theorem Media: The company was acquired by Theorem Media for an undisclosed amount on August 4, 2026. The company is an invite-only professional network for creative talent working in entertainment, media and related industries.Selectron Technologies / Convey: The company, a subsidiary of Aronson Security Group, was acquired by Convey, via its financial sponsors Energy Impact Partners and OceanSound Partners, through an LBO on August 4, 2026 for an undisclosed amount. The company is a developer of digital communication and customer engagement software for utilities and public-sector organizations.Studio Distribution Services / Conectiv Supply Chain Solutions: The company was acquired by Conectiv Supply Chain Solutions, via its financial sponsor Variant Equity Advisors, through an LBO on August 4, 2026 for an undisclosed amount. The company is a provider of home entertainment distribution, content management and fulfillment services for studios and media companies.Vibe.co / Walmart: The company was acquired by Walmart for an estimated $1.4 billion on August 4, 2026. The company is a developer of connected TV advertising software for creating, targeting and measuring streaming ad campaigns.Wallaroo.AI / d-Matrix: The company was acquired by d-Matrix for an undisclosed amount on August 3, 2026. The company is a developer of AI deployment and inference software for running and managing machine learning models in production.WNKS-FM / Educational Media Foundation: Educational Media Foundation reached a definitive agreement to acquire the Company, a subsidiary of Beasley Media Group, for an estimated $8 million on August 3, 2026. The company is an operator of a commercial radio station.

Source: Pitchbook Data, Inc.
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