The Scherzer Deal Report: December 5-9, 2022

This week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies was brought to you by Scherzer International.

Fundraising for PE & VC Funds

645 Ventures

$347M

Fourth flagship fund and its first opportunities fund

The Carlyle Group

$3.12B

CETP V, a pan-European technology fund

Sentinel Capital Partners

$5.185B

Seventh flagship buyout fund ($4.3B) and second junior capital fund ($835M)

Private Equity Deals

Greenbriar Equity Group

Applied Aerospace Structures

Undisclosed

Stockton, CA-based provider of complex composite and metal-bonded structural assemblies.

Investcorp, PSP Investments

CrossCountry

Undisclosed

McLean, VA-based business advisory firm

Clearlake Capital Group, LionTree, Fidelity, Silver Lake, SoftBank

Fanatics

$700M

Jacksonville, FL-based sports merchandising giant

Tiger Infrastructure Partners

International Aerospace Coatings

Undisclosed

Irvine, CA, and Ireland-based aviation services provider

Antin Infrastructure Partners

OpticalTel

Undisclosed

Coral Gables, FL-based fiber broadband provider

Green Rock Energy Partners

PSA South Hills Landfill Gas

Undisclosed

South Park Township, PA-based renewable natural gas production facility

Mill Point Capital

Seviroli Foods

Undisclosed

Garden City, NY-based maker of frozen pasta

Lincolnshire

Whitewater Brands

Undisclosed

Caldwell, ID-based provider of consumables and light equipment to automotive collision shops and dealerships

Venture Capital Deals

Deep Track Capital, RTW Investments, Fairmount, Venrock Healthcare Capital

Apogee

$149M

Waltham, MA-based biotech focused on inflammatory and immunological disorders.

Lightspeed Venture Partners, Bain Capital Ventures

The Scherzer Deal Report: November 28-December 2, 2022

This week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies was brought to you by Scherzer International.

Fundraising for PE & VC Funds

Adams Street Partners

$1.1B

2022 Global Fund

New Fare Partners

$20M

Debut fund

Private Equity Deals

Stellex Capital, Eldridge

A. Stucki

Undisclosed

Moon, PA-based provider of engineered parts and services for railroad rolling stock

Hyperion Capital Partners, Mereo Capital Partners

Algus Packaging

Undisclosed

Dekalb, IL-based maker of thermoformed blister and clamshell packaging, plus blister seal machines

EnCap Investments

Bleutec Industries

Undisclosed

Houston, TX-based provider of Jones Act-compliant offshore wind turbine installation vessels

Shoreline Equity Partners

Core Roofing

Undisclosed

Alpharetta, GA-based provider of roofing and re-roofing services in the Southeastern US

MiddleGround Capital

Dutchland

Undisclosed

Gap, PA-based maker of precast concrete tanks for the water and wastewater treatment market

Cloud 9 Software

Focus Ortho

Undisclosed

Birmingham, AL-based dental practice management platform

Concentric Equity Partners, Summer Street Capital Partners

Frontier Waste Solutions

Undisclosed

Dallas, TX-based non-hazardous solid waste and recycling collection firm

Warburg Pincus

K2 Insurance Services

Undisclosed

San Diego, CA-based specialty insurance program manager

Investcorp

Marble Point Credit Management

Undisclosed

Greenwich, CT-based CLO manager

Audax Private Equity

Medi-Weightloss

Undisclosed

Tampa, FL-based operator of around 100 franchised and company-owned weight-loss and wellness clinics

MML Capital On

Point Industrial Services

Undisclosed

Deer Park, TX-based provider of industrial safety and maintenance services

Palladium Equity Partners

Southwest Strategies

Undisclosed

San Diego, CA-based PR firm

Venture Capital Deals

Valor Equity Partners, Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Ventures, US Innovative Technology Fund

Anduril

$1.48B

Irvine, CA-based defense tech company

Convent Capital, General Mills, Cibus Capital, Rabobank, MS&AD, Firstime, J-Ventures, Plug&Play, iAngels, Gaingels, UpWest

BeeHero

$42M

Fresno, CA-based apiculture startup

Khosla Ventures, Deep Insight, Sixty Degree Capital

Bionaut Labs

$43.2M

Los Angeles, CA-based developer of tiny robots to deliver drugs into the brain

The Column Group, Lux Capital, Two Sigma Ventures, Evotec, Bristol Myers Squibb, Alexandria Venture Investments, Dolby Family Ventures

Cajal Neuroscience

$96M

Seattle, WA-based biotech focused on neurodegenerative disease.

Thrive Capital, Greenoaks Capital

Cloud Health Systems

$30M

Seattle, WA-based medical consulting startup

Madrona, Alkeon, Tiger Global, Wing VC, Citi Ventures, SAP.io, Nvidia

Deepgram

$47M

San Francisco, CA-based speech-to-text platform

NEA, Abingworth, Forge Life Science Partners, Avego, PFM Health Sciences, The Eleven Fund, Column Group, 5AM Ventures, Redmile Group, Cowen Healthcare Investments, Sanofi Ventures, Osage University Partners, Altitude Life Science Ventures

Escient Pharmaceuticals

$120M

San Diego-based biotech focused on neurosensory-inflammatory disorders.

Polychain Capital, Protocol Labs, Arweave, Coinbase Ventures, Digital Currency Group, North Island Ventures, Distributed Global, The LAO, Argonautic Ventures

Fleek

$25M

New York, NY-based web3 developer platform

Mayfield, Clear Ventures, Addition, Qualcomm Ventures

Frore Systems

$116M

San Jose, CA-based maker of solid-state chips for active device cooling

Headline, LFX Venture Partners, Palm Drive Capital, Mucker Capital, Cornerstone Ventures, Red Building Capital

GoFreight

$23M

Los Angeles, CA-based freight forwarding startup

Pendulum, Cercano Management, Cohen Circle, The George Kaiser Family Foundation, NextEra Energy, Bank of America, Citi Ventures, PNC, Popular, Truist Ventures, TTV Capital, Wells Fargo

Greenwood

$45M

Atlanta, GA-based digital banking platform for Black and Latino individuals and businesses

Advent International, .406 Ventures, RRE Ventures, Top Tier Capital, Comcast Ventures

HYPR

$25M

New York, NY-based no-password authentication startup

Novo Holdings, Lyfe Capital, Versant Ventures, OrbiMed Advisors

iECure

$65M

Philadelphia, PA-based gene editing startup

General Catalyst

Joy

$60M

San Francisco, CA-based wedding planning platform

Goldman Sachs, G2 Venture Partners, Slack, Scale Venture Partners

Locus Robotics

$117M

Wilmington, MA-based warehouse robotics developer

Catalio Capital Management, Intel Capital

Medical Informatics

$17M

Houston, TX-based provider of virtual care and analytics

Vensana Capital, Broadview Ventures, Epidarex Capital, Georgia Research Alliance Venture Fund

Nyra Medical

$20M

Atlanta, GA-based developer of medical devices for mitral heart valve repair

Piva Capital, Arsenal Growth Equity

OneRail

$33M

Orlando, FL-based last-mile transportation visibility solution

GV, Decibel, Okta Ventures, Ballistic Ventures, SYN Ventures

Pangea Cyber

$26M

Palo Alto, CA-based security platform-as-a-service

Sound Ventures, Seven Seven Six, Blockchange Ventures, Avalanche’s Blizzard Fund, C2 Ventures

Pearpop

$18M

Los Angeles, CA-based creator marketing and collaboration startup

M Ventures, SCC Soft Computer, Koç Holding

PictorLabs

$15.2M

Los Angeles, CA-based digital pathology startup

Declaration Partners, 14W, CRV, Adam Grant, Gwyneth Paltrow, Jessica Alba, Brian Kelly

ResortPass

$26M

Carlsbad, CA-based resort booking platform

Andreessen Horowitz, Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, Transcend

Roboto Games

$15M

San Mateo, CA-based web3 game studio

Cox Enterprises, Pendulum Holdings

Saltbox

$35M

Atlanta, GA-based coworking and warehouse space startup

Edison Ventures, Forgepoint Capital

Sphere

$31M

Newark, NJ-based identity hygiene company

Fin VC, Mastercard, Proof Ventures, Trestle, Espresso Capital

Teampay

$35M

New York, NY-based spend management startup

General Catalyst, Byers Capital, BoxGroup

Vial

$67M

San Francisco, CA-based clinical research organization

Soma Capital

X1 Card

$15M

San Francisco, CA-based credit card startup

Baird Capital, Spring Lake Equity Partners, Bessemer Venture Partners, Menlo Ventures, High Alpha

Zylo

$31.5M

Indianapolis, IN-based SaaS management startup

|Scherzer Deal Report|

The Scherzer Deal Report: November 21-25, 2022

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International and Lucas and Associates, LLC.

Fundraising for PE & VC Funds

Apollo Global Management

$2.4B

Long-only credit fund

HarbourVest

$4.2B

Sixth co-investment fund

HC9 Ventures

$83M

Debut fund

Morgan Stanley Investment Management

$1B

Private equity fund focused on decarbonization

Private Equity Deals

CIVC Partners

Signers National

Undisclosed

New York, NY-based niche insurance distribution platform

Hellman & Friedman, Permira

Zendesk

Undisclosed

San Francisco, CA-based customer engagement software provider

Venture Capital Deals

Crescent Cove Advisors

Care.ai

$27M

Orlando, FL-based developer of ambient clinical sensing tech

Arch Venture Partners, Fidelity, Milky Way Investments, VenBio Partners, Deerfield Management, GV, Cormorant Asset Management, T. Rowe Price, Invus, Farallon Capital Management, HBM Healthcare Investments, Casdin Capital, PagsGroup

FogPharma

$178M

Cambridge, MA-based precision medicines developer

Aliaxis SA, Ospraie Ag Science, Spark Capital, Stage 1 Ventures, Alkaline Partners

Freight Farms

$17.5M

Boston, MA-based vertical farming company

7wire Ventures

PayZen

$220M

San Francisco, CA-based provider of health care financing tools

Neuberger Berman

Prosper

$75M

San Francisco, CA-based lending platform

Spectrum Equity

SponsorUnited

$35M

Stamford, CT-based brand sponsorship marketplace

SoftBank, Greenbacker Development Opportunities

Swell

$120M

Santa Monica, CA-based virtual power plant startup

|Scherzer Deal Report|

The Scherzer Deal Report: November 14-18, 2022

PE and VC Firms

AZ-VC

$110M

Debut fund

Bling Capital

$212M

Third seed-stage fund ($109M) and an opportunities fund ($103)

Brighton Park Capital

$1.8B

Second fund

Climate Adaptive Infrastructure

$825M

Debut fund

Fiat Ventures

$25M

Debut fund

Heartland Ventures

$52M

Second fund

Kinderhook Industries

$1.85B

Seventh private equity fund

MassMutual Ventures

$100M

Debut climate tech fund

Wafra

$1.5B

Fourth fund

Private Equity Deals

Kelso & Co.

Definition 6

Undisclosed

Atlanta, GA, and New York, NY-based digital customer experience agency

San Francisco Equity Partners

DGS Retail

Undisclosed

Chicago, IL-based provider of signage, displays, and related goods to the retail, grocery, and food end markets

Prospect Partners

Entech Computer Services

Undisclosed

Ft. Myers, FL-based managed IT and cybersecurity services provider for SMBs.

Wind Point Partners

Envera Systems

Undisclosed

Coconut Creek, FL-based provider of remotely monitored security for residential community associations

Alberta Investment Management Corp.

Howard Energy Partners

Undisclosed

San Antonio, TX-based provider of midstream energy solutions

Gallant Capital Partners

Lightning Step

Undisclosed

Houston, TX-based provider of EMR and practice management software for the behavioral health industry

Ara Partners

Lincoln Terminal Holdings

Undisclosed

Greenville, SC-based renewable fuel logistics and infrastructure provider

Sealed Air

Liquibox

Undisclosed

Richmond, VA-based provider of liquid packaging and dispensing solutions

Accel-KKR

Salary.com

Undisclosed

Waltham, MA-based provider of compensation data and software

MiddleGround Capital

SixAxis

Undisclosed

Andrews, SC-based safety equipment maker

Broad Sky Partners

Smith + Howard

Undisclosed

Atlanta, GA-based tax and accounting firm

Centre Partners and Health Enterprise Partners

Toney Healthcare Consulting

Undisclosed

Tampa, FL-based

Hunter Point Capital, ADQ

Vistria Group

Undisclosed

Chicago, IL-based PE firm

AE Industrial Partners

York Space Systems

Undisclosed

Denver, CO-based provider of small satellites, satellite parts, and mission operation solutions

Venture Capital Deals

Valor Siren Ventures, Valor Equity Partners, Fifth Wall, Alley Robotics Ventures, Crosslink Capital, Alumni Ventures, Kevin Love

Aescape

$30M

New York, NY-based developer of automated massage therapy devices

WestCap, NextEquity Partners, Rockpool Capital

Bishop Fox

$40M

Phoenix, AZ-based cybersecurity platform

Obvious Ventures, Andreessen Horowitz, Trinity Ventures, Clocktower Technology Ventures, Chestnut Street Ventures

Brightside

$33M

San Francisco, CA-based financial care platform for employers

Georgian, Insight Partners, Illuminate Ventures

Contentstack

$80M

Austin, TX-based digital content experience platform

Anthemis Group, CMFG Ventures, Kapor Capital, Citi Ventures, Gaingels

Daylight

$15M

New York, NY-based neobank focused on LGBTQIA+ customers.

OpenAI Startup Fund, Andreessen Horowitz, Redpoint Ventures, Spark Capital

Descript

$50M

San Francisco, CA-based video and audio editing software startup

Optum Ventures, Adams Street Partners, Olayan Group, SVB, Pegasus Tech Ventures, Blue Shield of California, Humana, Oak HC/FT, Echo Health Ventures, Questa Capital

DispatchHealth

$330M

Denver, CO-based provider of in-home medical care

One Ventures, Draper Associates, FJ Labs, The Venture Collective, Helios Capital, Giant Step Capital, Gaingels, Spectre, Manhattan West, Mana Ventures

Gravitics

$20M

Seattle, WA-based maker of in-space living and working units

Catalio, Bruker, Exact Sciences, Alexandria Venture Investments

Haystack Oncology

$56M

Baltimore, MD-based developer of liquid biopsy diagnostics

Sonenshine Fulford Group

Hemanext

$18M

Lexington, MA-based developer of blood processing, storage, and transfusion tech

Bain Capital Life Sciences, RA Capital Management, Polaris Partners, Versant Ventures, Avalon Ventures, Pfizer Ventures

Jnana Therapeutics

$107M

Boston, MA-based biotech that uses a chemoproteomics platform to develop hard-to-drug targets

Felicis, BGV, Alven, Techstars

MadKudu

$18M

Sunnyvale, CA-based lead-scoring platform

General Catalyst, La Famiglia, Intermountain Ventures, Sequoia Capital, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, Lux Capital

Maven Clinic

$90M

New York, NY-based startup that connects users to virtual maternal and family health care providers

Wellington Management, RA Capital Management, Norwest Ventures Partners, NEA, OrbiMed, Frazier Life Sciences

MBX Biosciences

$115M

Carmel, IN-based biotech focused on endocrine disorders.

Andreessen Horowitz, Redpoint Ventures, Madrona, Amplify Partners, Altimeter

MotherDuck

$35M

San Francisco, CA-based serverless data analytics platform

HP Tech Ventures, Sourcenext, Matrix Partners, Spark Capital, Playground Global

Owl Labs

$25M

Boston, MA-based video conferencing startup

March Capital, Costanoa Ventures, Foundry Group, Calibrate Ventures, Ubiquity Ventures

Parallel Domain

$30M

Palo Alto, CA-based provider of 3D environment generation software

Ranpak, JS Capital, Schusterman Family Investments, Soros Capital, and Catapult Ventures

Pickle

$26M

Cambridge, MA-based maker of truck-unloading robots

OpenView Venture Partners

Rewst

$21.5M

Tampa, FL-based automation platform for managed service providers

S2G Ventures

Service 1st Financial

$20M

Bethesda, MD-based fintech for home contractors

Tyson Ventures

Soft Robotics

$26M

Bedford, MA-based food industry automation startup

Scale Venture Partners, StepStone Group, Modern Venture Partners, Redpoint Ventures, Bessemer Venture Partners

Spot AI

$40M

Burlingame, CA-based developer of CCTV security camera tech

Carbon Direct Capital, Aramco Ventures, Chevron Technology Ventures, Lotte Chemical, Toyota Ventures, Evok Innovations, The Engine, Equinor Ventures, Goose Capital, Horizons Ventures, Pan American Energy, Sumitomo

Syzygy Plasmonics

$76M

Houston, TX-based startup seeking to convert light into chemicals

Align Ventures, TYH Ventures, Engage Ventures, Human Capital

Terzo

$16M

Los Angeles, CA-based contract intelligence platform

Itochu Corp., Enphase Energy, Sunnova, Rodgers Capital, H+ Partners, Felix Ventures

Upstart Power

$17M

Southborough, MA-based solid oxide fuel cell manufacturer

Salesforce Ventures, Activate Capital, Emerson Collective, Collaborative Fund, MCJ Collective, Coatue, Breakthrough Energy Ventures, Grok Ventures, The Westly Group

WeaveGrid

$35M

San Francisco, CA-based provider of electric vehicle data software

10D, Atreides Management, Celesta Capital, Gemini Israel Ventures, HPE, Hitachi Ventures, Key1 Capital, Lumir Ventures, Micron Ventures, Mirae Asset Capital, MoreTech Ventures, Norwest Venture Partners, NVIDIA, Qualcomm Ventures, Samsung Catalyst

Weka

$135M

Campbell, CA-based data platform provider

|Scherzer Deal Report|

The Scherzer Deal Report: November 7-11, 2022

PE and VC Firms

Catalio Capital Management

$85M

Debut special situations and credit fund focused on biomedical tech companies.

HighVista Strategies

$450M

Second opportunistic private credit fund

Invictus Growth Partners

$322M

Debut fund ($216M) and a co-investment fund ($106M)

Quona Capital

$332M

Third fund

Private Equity Deals

GHO Capital and Vistria Group

Alcami

Undisclosed

Wilmington, NC-based biotech contract development and manufacturing organization

Arsenal Capital Partners

Certara

$449M

Princeton, NJ-based maker of drug development biosimulation software

Astara Capital Partners

Del-Air

Undisclosed

Sanford, FL-based provider of residential HVAC, plumbing, and other home services

Francisco Partners

Glorious

Undisclosed

San Francisco, CA-based maker of PC gaming hardware

Genstar Capital

Likewize

Undisclosed

Southlake, TX-based mobile device protection company

Northleaf Capital Partners

Mercury Broadband

Undisclosed

Topeka, KS-based provider of broadband services to select Midwestern rural markets

North Castle Partners

Nest New York

Undisclosed

New York, NY-based fragrance brand

5th Century Partners

Peace Out Skincare

$20M

San Francisco, CA-based maker of acne treatment products

Allied Industrial Partners

Wall Recycling

Undisclosed

Raleigh, NC-based solid waste management company

TSG Consumer Partners and Oak Hill Capital

Wrench Group

Undisclosed

Marietta, GA-based provider of residential HVAC, plumbing, and electrical services

Venture Capital Deals

Keurig Dr. Pepper, TRB Advisors, Alliance Consumer Growth

Athletic Brewing

$50M

Stratford, CT-based nonalcoholic beer brewer

Riverwood Capital

AutoLeadStar

$40M

Miami, FL-based auto customer data and experience platform

Nava Ventures, Accel

EdgeDB

$15M

San Francisco, CA-based cloud database startup

Sageview Capital and Omega Venture Partners co-led and were joined by Gutbrain Ventures and Digitalis Ventures

Elemental Machines

$41M

Cambridge, MA-based developer of a lab intelligence platform

Tracker Capital, Celestra, Intel, Micron

Eliyan

$40M

Santa Clara, the CA-based manufacturer of semiconductors, interconnects to accelerate chiplet-based systems.

Lightspeed Venture Partners, Alkeon Capital, Cedars-Sinai, Inflect Health, ApolloMD, Founders Fund, Tarsadia

Fathom

$46M

San Francisco, CA-based automated medical coding startup

Lightspeed Venture Partners, Alameda Research, Jump Capital, Castle Island

Fordefi

$18M

New York, NY-based institutional DeFi wallet maker

Cota Capital, AV8 Ventures, Markd, Startup Venture Capital, Maiden Re

Glow

$22.5M

San Franciso, CA-based digital insurer for small businesses

Riverstone Holdings Latin America, Alliance Resource Partners, Caterpillar Venture Capital, Cottonwood Technology Fund

Infinitum

$30M

Round Rock, TX-based developer of air core motors

Mubadala Capital, Horizons Ventures, Bison Ventures, Manta Ray Ventures, Irongrey, Alumni Ventures, Plum Alley, Transform VC, BoxOne Ventures, Intersect VC, Compound, Felicis

Juvena Therapeutics

$41M

Redwood City, CA-based computational platform for mapping the therapeutic potential of secreted proteins

Fin Capital, Centana Growth Partners, JPMorgan Growth Equity Partners, Canapi Equity Partners, ThirdPrime

Laika

$50M

New York, NY-based security compliance platform

Akamai Technologies, Shasta Ventures, 60 Degree Capital

Macrometa

$38M

San Mateo, CA-based edge cloud computing startup

Primus Capital Partners

Ordergroove

$100M

New York, NY-based provider of subscription solutions for retailers and DTC brands

Santé Ventures, Route 66 Ventures, CU Healthcare Innovation Fund, WPSS.bio, Palo Santo, Iter Investments, Ocama Partners, re.Mind Capital

Sensorium Therapeutics

$30M

Boston, MA-based developer of psychoactive medicines for mental health

Thoma Bravo, Goldman Sachs, PayPal Ventures, Amex Ventures, Citi Ventures

TRM Labs

$70M

San Francisco, CA-based blockchain intelligence startup

3L Capital, Origin Ventures, Chapford Capital Group, Plus Capital, Lily Collins, Nina Dobrev

Vivrelle

$35M

New York, NY-based rental service for designer handbags, jewelry, and diamonds

Enavate Sciences, Longitude Capital, Vivo Capital, Rock Springs Capital, Perceptive Advisors, Agent Capital, Pivotal bioVenture Partners, Superstring Capital, Fairmount, Wellington Management, Tellus BioVentures, Quan Venture Fund, Xencor

Zenas Biopharma

$118M

Waltham, MA-based developer of therapeutics for autoimmune disaese

|Scherzer Deal Report|

The Scherzer Deal Report: October 31 – November 3, 2022

PE and VC Firms

Align Capital Partners

$620M

Third fund

Collide Capital

$66M

Debut fund

Lowercarbon Capital

$250M

Second fund

Misfits Gaming Group

$20M

Debut creator fund

Sixth Street

$4.4B

Second growth equity fund ($3.6B) and a first-time fund to invest in smaller growth deals ($800M)

Sumeru Equity Partners

$1.3B

Fourth fund

Private Equity Deals

ATL Partners

Aero Accessories

Undisclosed

Miramar, FL-based provider of aerospace component maintenance

Carlyle

Aspen Power

$350M

Dallas, TX-based renewable energy company

GTCR

Biocoat

Undisclosed

Horsham, PA-based medical device contract manufacturing organization

Lee Equity Partners

Bradford Health Services

Undisclosed

Birmingham, AL-based substance use disorder treatment provider

Blackstone

Emerson

Undisclosed

St. Louis, MO-based global technology and software company

HCAP Partners

IronRod Health

Undisclosed

Phoenix, AZ-based remote health monitoring platform

Voyager Interests

Knight Energy Services

Undisclosed

Houston, TX-based tool rental company focused on the oil and gas industry.

Littlejohn & Co.

Lipari Foods

Undisclosed

Warren, MI-based specialty food distributor

Greenbriar Equity Group, Tailwind Capital

RANDYS Worldwide

Undisclosed

Everett, WA-based maker of branded drivetrain, suspension, and undercar products to the vehicle aftermarket

Thoma Bravo

SMA Technologies

Undisclosed

Houston, TX-based provider of automation solutions for financial services

Avista Capital Partners

Taconic Biosciences

Undisclosed

Rensselaer, NY-based provider of genetically engineered research models

Cinven

TaxAct

$720M

Cedar Rapids, IA-based tax prep software provider

H.I.G. Capital

ThoughtFocus

Undisclosed

Milwaukee, WI-based provider of digital services to the financial services market

Bruckman, Rosser, Sherrill & Co. and Rosser Capital Partners

Tumble 22

Undisclosed

Austin, TX-based hot chicken restaurant chain

Aurora Capital Partners

Universal Pure

Undisclosed

Villa Rica, GA-based provider of high-pressure processing services for cold chain-oriented human and pet food customers

Bonaccord Capital Partners

VMG Partners

Undisclosed

San Francisco, CA-based private equity firm

Providence Equity Partners

Wasserman

Undisclosed

Los Angeles, CA-based sports, music and culture agency

Venture Capital Deals

Thoma Bravo, Sanabil Investments, Costanoa Ventures, Databricks Ventures, Dell Technologies Capital, HPE, Icon Ventures, Queensland Investment Corp., Riverwood Capital, Salesforce Ventures, Sapphire Ventures, Union Grove

Alation

$123M

Redwood City, CA-based provider of data-cataloging software

Innovation Endeavors, Western Technology Investment, Stanford University

Aro Homes

$21M

Mountain View, CA-based sustainable homebuilding startup

Sequoia Capital India, Ribbit Capital, Coatue, Betsy Cohen, Eric Schmidt

Arta Finance

$90M

Stamford, CT-based wealth management startup

Mercato Partners

Attain

$25M

Chicago, IL-based commerce data platform

Eclipse Ventures, Silicon Valley Bank, Hercules Capital

Bright Machines

$132M

San Francisco, CA-based provider of software-defined manufacturing solutions

Paramark Ventures, Frist Cressey Ventures, American College of Cardiology, Asset Management Ventures, CU Healthcare Innovation Fund, Mass General Brigham, Maverick Ventures Investment Fund, Storm Ventures

Carta Healthcare

$20M

San Francisco, CA-based provider of clinical data to health systems

Dawn Capital, Atlas Merchant Capital, Gsquared, King River Capital

Cover Genius

$70M

New York, NY-based embedded insurance startup

Helena, One Small Planet, Regeneration.VC, At One Ventures, SoundWaves

Cruz Foam

$18M

Santa Cruz, CA-based maker of biodegradable Styrofoam alternatives

Bain Capital Life Sciences, Fidelity, Valor Equity Partners, Paragon Biosciences

Emalex Biosciences

$250M

Chicago, IL-based drug developer focused on Tourette Syndrome

Origin Ventures, the Felton Group

Fringe

$17M

Richmond, VA-based HR perks and benefits platform

Ambix Healthcare Partner

Galen Robotics

$15M

Baltimore, MD-based digital surgery robotics startup

Battery Ventures, The Factory, Walden Catalyst, FPV Ventures

Galileo

$18M

New York, NY-based platform for AI model development

Arch Ventures, Monograph Capital, Jeito Capital

HI-Bio

$120M

San Francisco, CA-based biotech focused on immune-mediated diseases.

Founders Fund, 8VC, Susa Ventures

Loop

$30M

Chicago, IL-based payments platform for the shipping and logistics industry

Intuitive Ventures, J&J Innovation, Section 32, Eniac Ventures, Anzu Partners, Dolby Family Ventures

MedCrypt

$25M

San Diego, CA-based provider of medical device cybersecurity solutions

Bain Capital Ventures

Momento

$15M

Seattle, WA-based serverless cache startup

Norwest Venture Partners, B Capital, XYZ VC, Array Ventures

ORO

$25M

San Francisco, CA-based enterprise procurement platform

Tribe Capital, Craft Ventures, Unusual Ventures

Orum

$22M

San Francisco, CA-based sales prospecting startup

Generation Investment Management, A.P. Moller, CMA CGM, Goldman Sachs, TPG, Emergence Capital, Chicago Ventures, Sapphire, 8VC, Sozo Ventures, Omidyar Technology Ventures

Project44

$80M

Chicago, IL-based supply chain visibility platform

Collaborative Fund, New Climate Ventures, Eldridge, Nextrans, Good

Protein Evolution

$20M

New York, NY-based textile and mixed-plastic waste recycling startup

Tritium Partners, Album VC, Kickstart, Desert Angels, Revolution Rise of the Rest

Qwick

$40M

Scottsdale, AZ-based staffing platform for hospitality gig work

IVP

Roam

$30M

Atlanta, GA-based virtual office space startup

Ballie Gifford, GIC, Lowercarbon Capital

Solugen

$200M

Houston, TX-based developer of plant-derived chemicals

Samsung Ventures

Starfire Energy

$24M

Denver, CO-based maker of parts for ammonia manufacturers

Heritage Group, Cigna Ventures, Horizon Healthcare Services

Valera Health

$44.5

M New York, NY-based virtual mental health provider

RA Capital Management, The Engine, Mission BioCapital, Global Health Investment Corporation

Vaxess

$27M

Cambridge, MA-based developer of patch-based vaccine delivery solutions

Insight Partners, CMFG Ventures, CU Direct, Curql, Suncoast Credit Union, Golden1 Credit Union, Hawaii USA Federal Credit Union, NorthGate Capital

Zest AI

$50M

Burbank, CA-based automated underwriting startup

|Scherzer Deal Report|

The Scherzer Deal Report: October 24-28, 2022

PE and VC Firms

BlackRock

$4.5B

First close for its fourth infrastructure private equity fund

GrowthCurve Capital

$1.1B

Debut fund

KKR

$1.9B

Debut Impact fund

Ridgemont Equity Partners

$2.35B

Fourth flagship fund

Streamlined Ventures

$138M

Fifth seed fund ($102M) and third opportunities fund ($36M)

Time BioVentures

$100M

Debut fund

Trinity Hunt Partners

$618M

Continuation fund

Private Equity Deals

Long Ridge Equity Partners

Acqueon

Undisclosed

Dallas, TX-based provider of omnichannel customer engagement software

Syncona

Applied Genetic Technologies Corp.

Undisclosed

Alachua, FL-based gene therapies developer

NovaQuest Private Equity

AutoCruitment

Undisclosed

New York, NY-based digital patient recruitment company

Stonepeak

CoreSite

$570M

Denver, CO-based data center and colocation company

Morgan Stanley Capital Partners

Emler

Undisclosed

Bedford, TX-based swim school operator

Global Emerging Markets

EnergyX

$450M

Austin, TX-based lithium extraction tech company

Sky Peak Capital

Hicks Machine

Undisclosed

Walpole, NH-based precision machining company

General Atlantic

Iron Park Capital Partners

Undisclosed

New York, NY-based credit hedge fund manager

KKR

Ness

Undisclosed

Teaneck, NJ-based digital services transformation company

Energy Spectrum Capital

Nightpeak Energy

$200M

Oakland, CA-based developer of low-carbon, dispatchable energy projects

Stride Consumer Partners

Patrick Ta Beauty

Undisclosed

Los Angeles, CA-based cosmetics brand

RidgeLake Partners, Bonaccord

Shamrock Capital

Undisclosed

Los Angeles, CA-based private equity firm focused on the media, entertainment, and communications sectors.

Thoma Bravo, Sunstone Partners

UserTesting

Undisclosed

San Francisco, CA-based customer insights platform

MSP Sports Capital, Tony Hawk

X Games

Undisclosed

Bristol, CT-based operator of the action sports platform

Venture Capital Deals

Lewis & Clark AgriFood, Ospraie Ag Science, Bidra Innovation Ventures, Cavallo Ventures

AgroSphere

$22M

Charlottesville, VA-based developer of crop health products

Lightswitch Capital, Alkeon Capital, Sobrato Capital, Novartis Pharma AG, Valor Equity Partners, Korify Capital, Vine Ventures, Gaingels

Alto Neuroscience

$35M

Los Altos, CA-based clinical-stage biopharmaceutical company for mental health

Anzu Partners, TDK Ventures, Toyota Ventures, Foothill Ventures

AM Batteries

$25M

Chelmsford, MA-based developer of lithium-ion dry-electrode technology

Fifth Wall Climate, SK Ecoplant, Oman Investment Authority, Lithium Americas, GLy Capital Management, Mirae Asset Capital, Shinhan GIB and insiders Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures

Ascend Elements

$200M

Westborough, MA-based lithium-ion battery recycler

Left Lane Capital

Bilt Rewards

$150M

New York, NY-based provider of co-branded credit cards and loyalty programs for property renters

Runway Growth Capital and Olayan Group

CloudPay

$50M

Raleigh, NC-based payroll software provider

FTV Capital

ConnexPay

$110M

Minneapolis, MN-based payments acceptance and issuance platform

Paulson Investment Co.

Cresilon

$25M

Brooklyn, NY-based developer of hemostatic medical device technologies

Insight Partners, Amplify Partners

Fermyon

$20M

Longmont, CO-based provider of tools for cloud app developers

JPMorgan, National Bank Holdings, Mendon Venture Partners

Finexio

$35M

Orlando, FL-based accounts payable payments-as-a-service startup

BMW iVentures, Zebra Technologies, Japan Airlines, Translink Innovation Fund, Foothill Ventures, Menlo Ventures, ENIAC Ventures, Signal

FireFox Robotics

$20M

Austin, TX-based autonomous forklift maker

Valspring Capital, Endeavour Vision, CIBC, USVP, Health Velocity Capital, Nueterra Capital, Brandon Cruz, Clint Jones

HealthJoy

$60M

Chicago, IL-based healthcare navigation platform

Lilium, Applied Ventures, Catalus Capital

Ionblox

$24M

Fremont, CA-based lithium-ion cell company

Accel, NEA, Addition

Merge

$55M

F-based API integration service

CareCapital, Intuitive Ventures

Neocis

$40M

Miami, FL-based developer of a robot-assisted dental implant surgery tech

Khosla Ventures, Fine Structure Ventures, Energy Impact Partners, Lowercarbon Capital, MCJ Collective

Nitricity

$20M

San Francisco, CA-based organic nitrogen production startup

Canaan Partners, Sanofi Ventures, Taiho Ventures, Osage University Partners

Normunity

$65M

West Haven, CT-based developer of cancer immunotherapies

PSG

PreVeil

$20M

Boston, MA-based provider of encrypted email and file collaboration solutions

NightDragon, BAM Elevate, Insight Partners, Honeywell, M12, Axon, Citi, Highland Capital Partners, Playground Global, Forte Ventures, C5 Capital, Avanta Venture

RapidSOS

$75M

New York, NY-based emergency response data platform

Hospital for Special Surgery and Flare Capital

RightMove Health

$21M

New York, NY-based virtual physical therapy company

JLL Spark, Navitas Capital, Bridge Investment Group, Crow Holdings, Cushman & Wakefield, Jamf, Nuveen, World Trade Ventures, 1414 Ventures

SwiftConnect

$17M

Stamford, CT-based provider of flexible work management software

BlackRock

Versa Networks

$120M

San Jose, CT-based network security provider

Left Lane Capital, Swift Ventures, Base10

WeTravel

$27M

San Francisco, CA-based business management and payments platform for multi-day travel businesses

|Scherzer Deal Report|

The Scherzer Deal Report: October 17-21, 2022

PE and VC Firms

Ares Management

$7.1B

Second special opportunities fund

Bregal Sagemount

$2.5B

Fourth flagship private equity fund

Digitalis Ventures

$300M

Fourth fund

Propeller

$100M

Debut fund

Steve and Connie Ballmer

$400M

Debut fund of funds

Will Ventures

$150M

Second fund

Private Equity Deals

Francisco Partners

Acoustic

Undisclosed

Atlanta, GA-based marketing and customer experience provider for B2C brands

Vista Equity Partners

Avalara

$8.4B

Seattle, WA-based compliance software firm

Bain Capital

CitiusTech

Undisclosed

Princeton, NJ-based provider of consulting and digital technology to healthcare and life sciences companies

Comvest Partners

GAI Consultants

Undisclosed

Homestead, PA-based engineering, planning, and environmental consultancy

Odyssey Investment Partners

Magna Legal Services

Undisclosed

Philadelphia, PA-based litigation support services

Bain Capital, ADIA

MerchantsFleet

Undisclosed

Hookset, NH-based fleet management company

The Riverside Company

OutSolve

Undisclosed

Metairie, an LA-based provider of outsourced labor and employment compliance solutions

Thoma Bravo

Ping Identity

$2.8B

Denver, CO-based authentication software company

Valeas Capital Partners

Sequoia Financial Group

Undisclosed

Akron, OH-based investment advisory firm

KKR

SkinSpirit

Undisclosed

Palo Alto, CA-based provider of aesthetic skin and body care services

Tecum Capital

TiniFiber

Undisclosed

Farmingdale, NY-based fiber optic assembly and custom cable manufacturer

Mubadala Capital Tru

Food Manufacturing

Undisclosed

Pittsburgh, PA-based snack food contract manufacturer

CCP Capital Strategies

Wireless Maritime Services

Undisclosed

Miami, FL-based provider of maritime cellular network

Venture Capital Deals

Tiger Global, Bow Capital, Ahren, Pitney Bowes

Ambi Robotics

$32M

Berkeley, CA-based developer of supply chain automation hardware

Fin Capital, M13

Banyan

$43M

New York, NY-based network for SKU data

Cervin, Liberty Global, Cheyenne Ventures, Thomvest Ventures, Crosslink Capital

Bolster

$15M

Los Altos, CA-based automated digital risk protection startup

Catalyst Investors, Schooner Capital

Breezeway

$15M

Boston, MA-based vacation rental property management platform

RedBird Capital, Bonfire Ventures, Greycroft

Credit Key

$15M

Los Angeles, CA-based B2B BPNL startup

Pacific Dental Service

Cyberdontics

$15M

San Francisco, CA-based developer of robotic root canal tech

Insight Partners, Lightspeed Venture Partners, HarbourVest Partners, SE Ventures, PSP Growth, Norwest Venture Partners, Menlo Ventures, Telstra Ventures

Enable

$94M

San Francisco, CA-based collaborative rebate management platform

AXA IM Alts, T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall Capital Partners, KOFA Healthcare

Eyenuk

$26M

Woodland Hills, CA-based eye screening AI startup

Insight Partners, Coatue, Bessemer Venture Partners, IVP, Foundation Capital, Founders Circle Capital, HubSpot Ventures

Jasper

$125M

Austin, TX-based AI content platform

GV, Sequoia Capital, Arrive, Second Century Ventures, Operator Partners, Signia Ventures, Team Builder Ventures

Landis

$40M

New York, NY-based real estate platform that helps transition renters into owners

Index Ventures, First Round Capital, General Catalyst, SV Angel, Operator Partners, Box Group

Mercantile

$15M

New York, NY-based provider of industry-specific credit cards

Cormorant Asset Management, Novartis

Orionis Biosciences

$55M

Waltham, MA-based developer of tunable therapeutics for cancer

OrbiMed, Lumira Ventures, Harrington Discovery Institute, Advent Life Sciences, Belinda Termeer

PIC Therapeutics

$35M

Natick, MA-based developer of breast cancer medicines

Felicis

Prenuvo

$70M

Redwood City, CA-based developer of radiation-free whole-body imaging

Yunqi Partners

RisingWave Labs

$36M

San Francisco, CA-based data stream processing platform

Asset Management Ventures, Bertlesmann

SubjectWell

$40M

Austin, TX-based clinical trial matching platform for patients with chronic health conditions

Camford Capital, Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute.

Surge Therapeutics

$26M

Cambridge, MA-based immunotherapy startup

Baird Capital, Sands Capital Ventures, Grotech Ventures, Veraz Investments

Tellius

$16M

Reston, VA-based decision intelligence platform

KKR, Rock Springs Capital, ARCH Venture Partners, GV, OrbiMed, Access Industries, T. Rowe Price, Ajax Health/Zeus, Casdin Capital, Aisling Capital

Treeline Biosciences

$260M

Stamford, CT-based precision medicine startup

Lightspeed Venture Partners, Basis Set Ventures, Footwork VC, Peterson Ventures, Sierra Ventures

Trendsi

$25M

San Gabriel Valley, CA-based startup that connects e-commerce sellers with suppliers

Bold Capital Group

Viome Life Sciences

$67M

Bellevue, WA-based microbiome startup

|Scherzer Deal Report|

The Scherzer Deal Report: October 10-14, 2022

PE and VC Firms

BlockTower

$150M

Debut VC fund

Clearview Capital

$850M

Fifth fundNext

View Ventures

$200M

Fifth seed-stage fund ($135M) and an opportunity fund ($65M)

Sunstone Partners

$925M

Third fund

Veritas Capital

$10.65B

Eighth flagship buyout fund

Private Equity Deals

Council Capital, Health Enterprise Partners

Alivia Analytics

Undisclosed

Woburn, MA-based healthcare payment integrity company

VSS Capital Partners

CFR

Undisclosed

Albany, NY-based provider of rheumatology services

CIVC Partners

Continuum Cos.

Undisclosed

Philadelphia, PA-based provider of property management and associated residential services to HOA customers

Clayton Dubilier & Rice, TPG

Covetrus

Undisclosed

Portland, ME-based provider of animal health tech and services to vets

Thoma Bravo

ForgeRock

Undisclosed

San Francisco, CA-based digital identity firm

Cimarron Healthcare Capital, Tacoma Holdings

Frontpoint Health

Undisclosed

Texas-focused Medicare Advantage home health and hospice company

KKR, Ellison family, RedBird Capital, Tencent

Skydance Media

$400M

Hollywood, CA-based film studio

Vista Equity Partners

KnowBe4

Undisclosed

Clearwater, FL-based cybersecurity awareness firm

Centerbridge Partners

MacLean Power Systems

Undisclosed

Fort Mill, SC-based maker of electric power utility products

MSouth Equity Partners

Medix Staffing Solutions

Undisclosed

Chicago, IL-based provider of allied health care staffing

Elliott Management, Brookfield Asset Management

Nielsen

$16B

New York, NY-based information, data, and market measurement firm

BlackRock, Promethean Investments

Puttshack

Undisclosed

Chicago, IL-based mini golf operator

WestRiver Group

Talespin

Undisclosed

Culver City, CA-based spatial computing company focused on workforce knowledge.

Brookfield Renewable Partners, Cameco

Westinghouse Electric

$7.9B

Cranberry Township, PA-based nuclear power company

Venture Capital Deals

Council Capital, Health Enterprise Partners

Alivia Analytics

Undisclosed

Woburn, MA-based health care payment integrity company

VSS Capital Partners

CFR

Undisclosed

Albany, NY-based provider of rheumatology services

CIVC Partners

Continuum Cos.

Undisclosed

Philadelphia, PA-based provider of property management and associated residential services to HOA customers

Clayton Dubilier & Rice, TPG

Covetrus

Undisclosed

Portland, ME-based provider of animal health tech and services to vets

Thoma Bravo

ForgeRock

Undisclosed

San Francisco, CA-based digital identity firm

Cimarron Healthcare Capital, Tacoma Holdings

Frontpoint Health

Undisclosed

Texas-focused Medicare Advantage home health and hospice company

KKR, Ellison family, RedBird Capital, Tencent

Skydance Media

$400M

Hollywood, CA-based film studio

Vista Equity Partners

KnowBe4

Undisclosed

Clearwater, FL-based cybersecurity awareness firm

Centerbridge Partners

MacLean Power Systems

Undisclosed

Fort Mill, SC-based maker of electric power utility products

MSouth Equity Partners

Medix Staffing Solutions

Undisclosed

Chicago, IL-based provider of allied health care staffing

Elliott Management, Brookfield Asset Management

Nielsen

$16B

New York, NY-based information, data, and market measurement firm

BlackRock, Promethean Investments

Puttshack

Undisclosed

Chicago, IL-based mini golf operator

WestRiver Group

Talespin

Undisclosed

Culver City, CA-based spatial computing company focused on workforce knowledge.

Brookfield Renewable Partners, Cameco

Westinghouse Electric

$7.9B

Cranberry Township, PA-based nuclear power company

|Scherzer Deal Report|

The Scherzer Deal Report: October 3-7, 2022

PE and VC Firms

Activate Capital

$500M

Second fund

Amazon

$150M

Fund of funds

Convective Capital

$35M

Debut fund

Energy Capital Ventures

$61M

Debut fund

Industry Ventures

$300M

Third direct venture fund

K2 Global

$300M

Latest fund

Matrix Partners

$800M

12th flagship fund

Ridgeline

$52M

Debut fund

Private Equity Deals

BlackRock Impact Opportunities Fund, The Builders Fund

Acelero

Undisclosed

New York, NY-based provider of early childhood education and family engagement services

LLCP

AGDATA

Undisclosed

Charlotte, NC-based provider of workflow and data solutions to the agribusiness and animal health markets

Owl Rock, Viking Global Investors, Ontario Teachers, Neuberger Berman

Arctic Wolf Networks

Undisclosed

Sunnyvale, CA-based security operations center-as-a-service company

KKR

Boasso Global

Undisclosed

Tampa, FL-based provider of services to the ISO tank container industry

Francisco Partners

Bswift

Undisclosed

Chicago, IL-based provider of benefits administration software

Elliott Associates, Vista Equity Partners

Citrix Systems

$16.5B

Fort Lauderdale, FL-based provider of workplace virtualization software

WestView Capital Partners

Dark Horse Consulting

Undisclosed

Walnut Creek, CA-based consultancy to the cell and gene therapy industry

Alpine Investors

Ethisphere

Undisclosed

Scottsdale, AZ-based provider of ethical business practice management software

Vistria Group, Century Equity Partners

Flores & Associates

Undisclosed

Charlotte, NC-based provider of employer-facing benefits tech and administrative services

Brookfield Renewable

LanzaTech

Undisclosed

Skokie, IL-based waste carbon recycling company

Cavu Consumer Partners

Nécessaire

Undisclosed

Culver City, CA-based maker of personal care and hair care products

Wafra

Oak Hill Capital Partners

Undisclosed

New York, NY-based private equity firm focused on the North American middle market.

CenterOak Partners

Palmetto Exterminators

Undisclosed

Charleston, SC-based pest control company

Accel-KKR

Salary.com

Undisclosed

Waltham, MA-based compensation software and data provider

Petershill, Hunter Point Capital

SLR Capital Partners

Undisclosed

New York, NY-based credit-focused asset manager

Peak Rock Capital

Spatial Business Systems

Undisclosed

Littleton, CO-based maker of design software and spatial data integration for utilities and infrastructure firms

Investcorp

Sunrise Produce

Undisclosed

Fullerton, CA-based wholesale produce distribution company

Greenbelt Capital Partners

Unirac

Undisclosed

Albuquerque, NM-based maker of PV mounting solutions

AEA Investors

WorldWide Electric

Undisclosed

Rochester, NY-based maker of electric motors and related parts

AE Industrial Partners, BlackRock Private Equity Partners

York Space Systems

Undisclosed

Denver, CO-based provider of small satellites, satellite parts, and mission operation solutions

Venture Capital Deals

8VC, Mubadala Capital, Thiel Capital, Presight Capital, Founders Fund

Alloy Therapeutics

$42M

Waltham, MA-based drug discovery startup

Activate Capital, OMERS Ventures, Prologis Ventures, Reefknot Investments, Four More Capital, GV, Amadeus Capital, Floating Point, Ridgeline Partners

Altana Technologies

$100M

New York, NY-based supply chain visibility platform

White Star Capital, Kale Investment Fund, Benevolent Capital

Carbon6 Technologies

$66M

Brooklyn, NY-based e-commerce software bundler

Kyowa Kirin Co., Hanwha Impact Partners, Flagship Pioneering

Cellarity

$121M

Somerville, MA-based developer of cell behavior therapies,

Arboretum Ventures, Beringea, North Coast Technology Investors

Delphinus Medical Technologies

$30M

Novi, MI-based developer of ultrasound breast cancer screening tech

Ten Eleven Ventures, Global Brain, J Ventures

Eclypsium

$25M

Portland, OR-based device supply chain security startup

Canapi Ventures, Stone Point Ventures, AXIS Capital, State Farm Ventures, The Hartford STAG Ventures, Fermat Capital Management, EOS Venture Partners

Elpha

$20M

New York, NY-based cyber insurance startup

Smash Capital, Company Capital, Montage Ventures

Equi

$15M

Austin, TX-based alt investing platform

TPG Rise, GIC, CPP Investments, ArcelorMittal, Breakthrough Energy Ventures

Form Energy

$450M

Somerville, MA-based developer of long-duration battery storage using iron

Red River West, Trousdale Ventures, Owen Van Natta, Temaris & Associates, La Maison Partners, BPI France, Airbus Ventures, Anthem Ventures, Upfront Ventures, Radicle Impact

Jiko

$40M

Oakland, CA-based fintech that automates T-bill investments and storage

ParaFi Capital, Greycroft, Antler Global, Hashed, Jump Crypto, Mithril, 6th Man Ventures, Abstract Ventures, Uncorrelated Fund

Juno

$18M

New York, NY-based web3 banking startup

Stripes, Incisive Ventures, Unlock Venture Partners

Katalyst

$26M

Seattle, WA-based fitness equipment startup that’s developing an electro muscle stimulation suit

Climate Innovation Capital, S2G Ventures, Microsoft Climate Innovation Fund, Marubeni, UP Partners, National Grid Partners, Clean Energy Ventures, Zoma Capital

LineVision

$33M

Boston, MA-area developer of overhead line monitoring for electric utilities

Science Ventures, PowerPlant Partners, Convivialité Ventures, Hinge Capital, Access Capital, Live Nation

Liquid Death

$70M

Los Angeles, CA-based maker of branded water products in aluminum cans

Fifth Wall, Agility Ventures

Loop

$40M

Los Angeles, CA-based electric vehicle (EV) charging infrastructure company

Goldman Sachs, Foresite Capital, Avidity Partners, Cowen Healthcare Investments, Section 32, Versant Ventures