M&A Deal Summary

IUNU Acquires Artemis

On September 27, 2021, IUNU acquired software company Artemis from Talis Capital

Acquisition Highlights
  • This is IUNU’s 1st transaction in the Software sector.
  • This is IUNU’s 1st transaction in the United States.
  • This is IUNU’s 1st transaction in Washington.

M&A Deal Summary

Date 2021-09-27
Target Artemis
Sector Software
Buyer(s) IUNU
Sellers(s) Talis Capital
Deal Type Add-on Acquisition

Target

Artemis

Seattle, Washington, United States
Artemis is a Cultivation Management Platform that enables growers to manage people, plants, process, and compliance all in one place creating a virtually risk-free operation. Artemis provides a bird’s eye view of productivity and compliance from seed to harvest, helping farms compete in a low-margin business. Artemis was founded in 2015 and is based in Seattle, Washington.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

IUNU

Seattle, Washington, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

IUNU is an agricultural technology company on a mission to revolutionize how greenhouse growers operate. IUNU has developed a software-driven system called LUNA which uses a variety of fixed and moving cameras, along with environmental sensors, to track plant growth and health in CEA settings. As it collects data from across an indoor farm, LUNA uses artificial intelligence to analyze it and come up with customized growth models for individual plants. IUNU was founded in 2013 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Talis Capital

London, United Kingdom

Investor Investor Investor


Category Growth Capital Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Talis Capital is the private equity manager for the private equity and direct invesment holdings of the Finch family and other high net worth individuals. Talis to invest up to $10 million to support a variety of needs including acquisitions, recapitalizations, development needs, and restructurings. The Firm can act as a sole investor or with a syndicate and will consider opportunities throughout the UK, Europe, and North America. Talis Capital was formed in 2009 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 10
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 8
State: Washington M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Seqera Labs

Barcelona, Spain

Seqera Labs is a provider of workflow orchestration software required for data pipeline processing, multi-cloud infrastructure provisioning, and secure collaboration. Seqera Labs was founded in 2018 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-18 SoWork

Boston, Massachusetts, United States

SoWork is a persistent online ecosystem for the future of work. SoWork serves as the digital headquarters for next-generation teams in the metaverse. SoWork was founded in 2020 and is based in Boston, Massachusetts.

Buy -