Technology Private Placement and M&A Transactions Review
This weekly digest of deals in the Technology sector is designed to provide a quick readout of Private Placement and M&A activity.
Strategy | Financing | Macro & Markets
Private Placement / Financing Transactions
Safe Superintelligence: The company closed on $5 billion of an undisclosed targeted amount of venture funding from Nvidia on July 27, 2026. The company is a developer of artificial intelligence foundation models and research systems focused on safely developing superhuman artificial intelligence
Core Automation: The company raised $432.1 million of venture funding from undisclosed investors on July 30, 2026, putting the company’s pre-money valuation at $3.5 billion. The company is a developer of artificial intelligence research software that automates scientific research and engineering workflows.
PhysicsX: The company raised $300 million of Series C venture funding in a deal led by Temasek Holdings on July 30, 2026, putting the company’s pre-money valuation at GBP 1.6 billion. The company is a developer of a physics AI software stack that accelerates hardware innovation across the engineering and manufacturing lifecycle.
The Exploration Company: The company is reportedly in the process of raising an estimated $300 million venture funding in a deal led by Bessemer Venture Partners and Atomico on July 27, 2026, putting the company’s pre-money valuation at $1.7 billion. The company is a developer of reusable orbital spacecraft and propulsion systems that provides accessible and sustainable space transportation services.
Simile: The company raised an estimated $200 million of Series B venture funding in a deal led by Greenoaks on July 30, 2026, putting the company’s pre-money valuation at an estimated $1.8 billion. The company is a developer of artificial intelligence software that simulates human behavior to help organizations evaluate decisions, products and policies.
Eliyan: The company raised $145 million of Series C venture funding in a deal led by Seligman Ventures on July 29, 2026, putting the company’s pre-money valuation at $855 million. The company is a developer of a chiplet interconnect technology system used in artificial intelligence and high-performance computing.
ChipAgents: The company raised $134 million of Series A venture funding in a deal led by Matter Venture Partners and B Capital on July 29, 2026. The company is a developer of artificial intelligence-driven tools for semiconductor design and verification that enhances the productivity of hardware engineers.
P-1 AI: The company raised $50 million in Series A venture funding in a deal led by New Enterprise Associates on July 29, 2026, putting the company’s pre-money valuation at $317 million. The company is a developer of artificial intelligence engineering agents that automate mechanical, electrical and manufacturing design tasks.
ProphetX: The company raised $35 million of venture funding in a deal led by Data Point Capital and Parlay Capital Holdings on July 28, 2026, putting the company’s pre-money valuation at $67 million. The company is a developer of an online sports prediction exchange platform that facilitates sports betting and prediction activities.
COR: The company raised $30 million of venture funding from FTV Capital on July 28, 2026. The company is a developer of artificial intelligence-powered management software designed for time tracking, project management, resource planning and financial performance
Encore AI: The company raised $30 million of Series A venture funding in a deal led by The Garage, Team8 and Planven on July 28, 2026. The company is a developer of revenue intelligence software that analyzes customer conversations to improve sales execution and coaching.
Array Labs: The company raised $21 million of venture funding in a deal led by Mitsubishi Electric on July 28, 2026, putting the company’s pre-money valuation at $124 million. The company is a developer of a remote sensing technology that creates a real-time, high-resolution three-dimensional model of the Earth.
ProRata: The company raised venture funding from undisclosed investors on July 29, 2026. The company is a developer of an AI-powered search, advertising, and attribution platform that gives content creators credit and compensation when their work is used.
Shortwave: The company raised $13 million of venture funding from Oleka Ventures, Jeff Dean and Patrick Collison on July 31, 2026. The company is a developer of an AI-powered email and communication management platform that automates inbox organization, writing, and scheduling.
Baton: The company raised venture funding from undisclosed investors on July 30, 2026. The company is a developer of a music collaboration and organization tool that allows creators to manage, share, and edit unreleased music.
Frog App: The company raised venture funding from undisclosed investors on July 27, 2026. The company is a developer of an instant video messaging application for asynchronous personal communication.
Metal: The company raised an undisclosed amount of venture funding from Phaze Ventures, Rebel Fund and Innate Capital Partners on July 29, 2026. The company is a developer of fundraising intelligence software that helps startup founders identify investors and manage fundraising campaigns.
Rewind: The company received an undisclosed amount of development capital from H.I.G. Growth Partners on July 29, 2026. The company is a developer of an automated data backup platform that protects critical information within software-as-a-service applications.
Scale Social: The company raised an undisclosed amount of venture funding from High Country Impact Fund and other undisclosed investors on July 31, 2026. The company is a developer of artificial intelligence content management software for creating, optimizing and distributing social media content.
Tuner: The company raised an undisclosed amount of venture funding from Maza Ventures in August 2026. The company is a developer of a voice artificial intelligence observability software for testing, monitoring and evaluating conversational AI agents.
M&A Transactions
Skywater Technology / IonQ: The company was acquired by IonQ for $1.8 billion on July 31, 2026. The company is a provider of semiconductor foundry services specializing in advanced packaging, process development and foundational-node chip manufacturing.
Anyscale / Nscale: The company reached a definitive agreement to be acquired by Nscale for $1.7 billion on July 30, 2026. The company is a developer of distributed computing software for building, deploying and scaling artificial intelligence applications.
Underdog Sports / IG Group Holdings: The company reached a definitive agreement to be acquired by IG Group Holdings for an estimated $1.3 billion on July 30, 2026. The company is an operator of a sports gaming company intended for fantasy sports contests, sports pick’em games, and prediction markets.
Anthem Entertainment / BlackRock: The company entered into a definitive agreement to be acquired by Influence Media Partners and BlackRock through a $600 million LBO on July 29, 2026. The company is an operator of music publishing, recorded music and music rights management businesses serving artists, songwriters and media companies.
WTVQ-DT / The E.W. Scripps Company: The company, a subsidiary of Morris Multimedia, was acquired by The E.W. Scripps Company for $15.8 million on August 1, 2026. The company is an operator of a television station providing local news, weather, sports and entertainment programming.
Conversica / Morgan Stanley Expansion Capital: The company was acquired by Morgan Stanley Expansion Capital through an LBO on July 27, 2026 for an undisclosed amount. The company is a developer of conversational artificial intelligence software that automates sales, marketing and customer engagement through digital assistants.
Fox Sports Rapid City / Riverfront Broadcasting: The company reached a definitive agreement to be acquired by Riverfront Broadcasting for an undisclosed amount on August 1, 2026. The company is an operator of a sports radio station serving the Rapid City metropolitan area and the Black Hills region.
Gladia / OVH Groupe: The company was acquired by OVH Groupe on July 31, 2026. The company is a developer of speech recognition software that provides real-time speech-to-text transcription and audio intelligence through application programming interfaces.
Layla / Expedia: The company was acquired by Expedia for an undisclosed amount on July 31, 2026. The company is a developer of an artificial intelligence travel planning platform that helps users discover, plan and book trips.
Maple / Wander: The company was acquired by Wander for an undisclosed amount on July 29, 2026. The company is a developer of family organization software that helps parents coordinate schedules, activities and communication.
Modular / Qualcomm: The company was acquired by Qualcomm for $3.9 billion on July 29, 2026. The company is a developer of an artificial intelligence infrastructure software, including machine learning compilers, programming tools and inference technologies.
Replify / ABC Fitness Solutions: The company was acquired by ABC Fitness Solutions, via its financial sponsors Northwood Ventures and Thoma Bravo, through an LBO on July 27, 2026 for an undisclosed amount. The company is a developer of artificial intelligence customer communication software that automates phone, text, email and web chat interactions for businesses.
Simon AI / Monetate: The company was acquired by Monetate, via its financial sponsors Centre Lane Partners and GarMark Partners, through an LBO on July 30, 2026 for an undisclosed amount. The company is a developer of customer data software that unifies marketing data to support audience segmentation, personalization and campaign analytics.
Space-Eyes / McKinley Acquisition: The company is in the process of acquiring McKinley Acquisition through a reverse merger as of July 31, 2026. The combined company is expected to trade on the Nasdaq market under the ticker symbol CUAS in Q4 2026. The company is a developer of satellite-based geospatial analytics software that provides predictive intelligence from Earth observation data.
Tabnine / Tricentis: The company was acquired by Tricentis, via its financial sponsors Insight Partners and GTCR, through an LBO on July 30, 2026 for an undisclosed amount. The company is a developer of artificial intelligence coding assistants that help software developers write, review and maintain code.
The Searchers / Pathé Theatres.: A 50% stake in the company was acquired by Pathé Theatres., via its financial sponsors Merit Capital Partners, through an LBO on July 29, 2026 for an undisclosed amount. The company is an operator of a film distribution and acquisition agency focused on acquiring and distributing independent films.
Source: Pitchbook Data, Inc.
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