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
Anthropic: The company is in the process of raising an estimated $30 billion of venture funding in a deal led by Dragoneer Investment Group, Greenoaks Capital Partners, Sequoia Capital and Altimeter Capital Management on May 15, 2026, putting the company’s pre-money valuation at $870 billion. The company is a developer of a large language model platform designed for business-critical use cases.
Reflection AI: The company is in the process of raising $2.5 billion of Series C venture funding from Disruptive and other undisclosed investors as of May 12, 2026, putting the company’s pre-money valuation at an estimated $25 billion. The company is a developer of large-scale artificial intelligence models designed for advancing accessible machine intelligence.
Recursive: The company raised $650 million of Series A venture funding in a deal led by GV and Greycroft on May 13, 2026, putting the company’s pre-money valuation at $4 billion. The company is a developer of a self-improving artificial intelligence system designed to automate knowledge discovery.
Fractile: The company raised $220 million of Series B venture funding in a deal led by Founders Fund, Accel, and Factorial Funds on May 13, 2026. The company is a developer of advanced AI inference hardware designed to accelerate large-scale model execution.
Positron: The company raised $230 million of Series B venture funding in a deal led by ARENA Private Wealth, Objective Capital Management, Jump Trading and Unless on May 11, 2026, putting the company’s pre-money valuation at $831 million. The company is a developer of custom hardware designed to accelerate machine learning applications, focusing on end-to-end appliances for generative AI models.
Matchroom Sport: The company received an estimated $210 million of development capital from Bruin Capital on May 11, 2026. The company is an operator of sports media, sports programming, and live sporting events headquartered in Brentwood, United Kingdom.
Cornami: The company is in the process of raising $200 million of Series E venture funding on May 13, 2026. The company is a developer of a reconfigurable computational fabric technology designed to focus on the deployment of intelligent computing in real-time environments.
Agrani Labs: The company is in the process of raising $100 million of Series A venture funding from Qualcomm, Battery Ventures and Peak XV Partners on May 15, 2026, putting the company’s pre-money valuation at an estimated $350 million. The company is a developer of artificial intelligence graphics processing units and end-to-end software designed for enterprise and datacenter compute.
GridCARE: The company raised $64 million of Series A venture funding in a deal led by Sutter Hill Ventures and John Doerr on May 14, 2026, putting the company’s pre-money valuation at $270 million. The company is a developer of an AI-driven grid optimization platform for utilities and data centers.
Monaco: The company raised $50 million of Series B venture funding in a deal led by Benchmark Capital Holdings on May 13, 2026. The company is a developer of an AI-native revenue intelligence platform designed to enable companies to automate demand generation, sales outreach, and pipeline growth.
Vapi: The company raised $50 million of Series B venture funding in a deal led by Peak XV Partners on May 12, 2026, putting the company’s pre-money valuation at $450 million. The company is a developer of a voice artificial intelligence platform for building, deploying, and scaling conversational voice agents.
Maneva: The company raised $38.4 million of venture funding from undisclosed investors on May 13, 2026. The company is a developer of a digital workforce automation platform designed to optimize manufacturing workflows with artificial intelligence-driven insights and decision support.
Nectar Social: The company raised $30 million of Series A venture funding in a deal led by Menlo Ventures on May 14, 2026. The company is a developer of a social conversational commerce platform for turning social engagement into revenue.
Consensus: The company raised $30 million of Series B venture funding in a deal led by GreatPoint Ventures on May 11, 2026, putting the company’s pre-money valuation at $95 million. The company is a developer of an AI academic search engine for finding and analyzing peer-reviewed scientific research papers.
General Compute: The company raised BRL 75 million of venture funding in a deal led by Fuse on May 14, 2026. Village Global also participated in the round. The company is a developer of an artificial intelligence inference cloud platform designed for autonomous software agents and developers.
TrueShort: The company raised $12 million of venture funding in a deal led by Khosla Ventures on May 13, 2026. The company is an operator of a mobile entertainment streaming platform designed to deliver original short-form video content to smartphone users.
Vector: The company raised $10 million of Series A venture funding in a deal led by HubSpot Ventures and SignalFire on May 13, 2026. The company is a developer of an advertising audience platform designed to help businesses identify and target potential buyers.
Sprouts.ai: The company raised $9 million of venture funding in a deal led by True Global Ventures and Accel on May 15, 2026. The company is a developer of an artificial intelligence-powered go-to-market platform designed to build precise target account lists.
Blink: The company raised $8.4 million of Series A venture funding from Golden Egg Ventures and other undisclosed investors on May 15, 2026, putting the company’s pre-money valuation at $76.1 million. The company is a developer of eye-tracking technology for human-machine interaction.
Liqid: The company raised $8 million of Series B venture funding from undisclosed investors on May 14, 2026, putting the company’s pre-money valuation at $62 million. The company is a developer of a composable infrastructure hardware and software platform designed to manage, scale-out, and configure physical bare-metal server systems.
Tycho.AI: The company raised $8 million of venture funding from undisclosed investors on May 12, 2026. The company is a developer of an autonomous edge computing platform designed for enhancing unmanned vehicle operation and defense.
Enhanced Radar: The company raised $7 million of venture funding in a deal led by Initialized Capital on May 13, 2026. The company is a developer of an AI sensor system for aviation traffic awareness and airspace monitoring.
Acrylic Robotics: The company raised an undisclosed amount of venture funding from Moonshot Ventures on May 12, 2026. The company is a developer of robotics technology for producing authenticated painted artwork at scale.
XbotGo: The company raised an undisclosed amount of venture funding in a deal led by Ninebot Capital on May 14, 2026. The company is a manufacturer of AI-powered sports camera systems for auto-tracking, sports recording, live streaming, and highlight capture.
M&A Transactions
Bluecore / Insider One: The company was acquired by Insider One for an estimated $1 billion on May 13, 2026. The company is a developer of retail personalisation and customer engagement software designed to optimize marketing and shopper interactions across digital channels.
Cordel Group / Vossloh: The company reached a definitive agreement to be acquired by Vossloh for an estimated GBP 29 million on May 13, 2026. The company is an operator of a software platform that uses artificial intelligence for rail infrastructure monitoring and analysis.
AppMagic / Sensor Tower: The company was acquired by Sensor Tower, via its financial sponsors Riverwood Capital, Paramark Ventures and Shinhan Securities, through an LBO on May 12, 2026 for an undisclosed amount. The company is a developer of a mobile app market intelligence platform for competitor analysis and app performance tracking.
Exponential AI / Rialtic: The company reached a definitive agreement to be acquired by Rialtic for an undisclosed amount on May 11, 2026. The company is a provider of artificial intelligence automation and enterprise digital transformation services.
Goodfellows / 360 Experience Group: The company was acquired by 360 Experience Group for an undisclosed amount on May 12, 2026. The company is an organizer of live events and performances.
Ikigai / Celonis: The company was acquired by Celonis for an undisclosed amount on May 12, 2026. The company is a developer of an artificial intelligence-powered spreadsheet platform designed to automate analytics workflows.
One AI / Monday.com: The company was acquired by Monday.com for an undisclosed amount on May 11, 2026. The company is a developer of an artificial intelligence-based telemarketing platform designed to boost engagement and sales.
Weights / OpenAI: The company was acquired by OpenAI for an undisclosed amount on May 15, 2026. The company is a developer of generative artificial intelligence tools designed for digital media synthesis and collaborative creation.
Source: Pitchbook Data, Inc.
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