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Announced

Completed

Insight Partners led a $20m funding round in Tetavi.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Private

Single Bidder

Minority

volumetric technology

Acquisition

Completed

United States

Venture Capital

Domestic

Electronic Components and Equipment

Friendly

Synopsis

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Insight Partners, a New York-based global private equity and venture capital firm, led a $20m funding round in Tetavi, a volumetric technology platform, with participation from OurCrowd and Nimble Ventures. "We're excited to welcome Insight Partners as a collaborative force in our journey to democratize personalized immersive content creation for the Metaverse. With the support of our additional new and existing partners, we plan to move forward with our expansion plans to build a new platform to bring high-end immersive content to consumers worldwide. By opening this social entertainment technology to anyone, for anyone, anywhere, Tetavi seeks to empower the next dimension of creativity and human connection," Gilad Talmon, Tetavi CEO.

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