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.
PE and VC Firms
$470M
Debut fund
$650M
Third fund
$350M
Third fund
$270M
Second fund
$21M
Second VC fund
$19B
13th North American buyout fund
$1.4B
Second fund
$300M
Third fund
$325M
Fifth flagship seed fund ($195M) and second opportunity fund ($130M)
$1.25B
Third fund
$7.3B
Debut climate fund
$525M
New core VC fund ($275M) and opportunity fund ($350M)
Private Equity Deals
Surge Private Equity
Undisclosed
Austin, TX-based provider of vending and amusement equipment for entertainment venues
ICV Partners
Undisclosed
Washington, DC-based strategic advisory firm
Nexa Equity
Undisclosed
Hartford, CT-based financial firm that provides merchant processing and funding for businesses
Gryphon Investors
Undisclosed
Little Rock, AR-based wholesale distributor of HVAC/R equipment, parts, and supplies
L Squared Capital Partners
Undisclosed
Mahwah, NJ-based provider of laboratory consumable supplies
Sterling Investment Partners
Undisclosed
Lawrenceville, GA-based provider of vegetation management services
L Catterton
Undisclosed
St. Louis, MO-based residential plumbing and HVAC services company
TPG Growth
Undisclosed
New York, NY-based shareholder proxy firm
New State Capital Partners
Undisclosed
Laurel, MD-based provider of re-roofing installation and services
Blackstone
$7.6B
Glendale, CA-based REIT
Snow Peak Capital
Undisclosed
Clifton, NJ-based multi-channel marketing communications company
Thoma Bravo
$60M
San Francisco, CA-based healthcare jobs marketplace
Accel-KKR
Undisclosed
Boulder, CO-based provider of energy market data
Venture Capital Deals
Riverstone Holdings, Piva Capital
$65.5M
Winter Park, FL-based eco-friendly fertilizer developer
Huadong Medicine, Natural Capital, Plum Alley, Tribe Capital
$69M
Redwood City, CA-based developer of hydroxyl dendrimer therapeutics
Boardman Bay Capital Management, Hewlett Packard Enterprise, Nvidia, Applied Ventures, Intel Capital, Lockheed Martin Ventures
$130M
Santa Clara, CA-based optical connectivity company
General Atlantic, CVS Health, OpenSpace, EDBI, and Trevor Fetter
$300M
Boston, MA-based digital therapeutics company
Breakthrough Energy Ventures, DCVC, Amazon’s Climate Pledge Fund, Fifth Wall Climate Tech, Collaborative Fund, AccelR8
$55M
Oakland, CA-based maker of carbon-negative Portland cement
NightDragon, DCVC, Cota Capital
$97M
San Francisco, CA-based provider of on-demand Earth observation data via space radar
Insight Partners, Itai Tsiddon, Thrive Capital, BoxGroup
$19M
San Francisco, CA-based software user experience startup
Fiat Ventures, Panoramic Ventures, Insight Partners, Invesco Private Capital
$29M
Seattle, WA-based banking and crypto investing app for teens
Tom Steyer, John Thornton
$160M
Los Angeles, CA-based automotive manufacturing startup
CRV, GV, Sequoia Capital, Y Combinator
$20M
San Francisco, CA-based data encryption and management platform
Greenoaks, Founders Fund
$25M
San Francisco, CA-based machine learning infrastructure startup
Alimentation Couche-Tard’s Circle K Fund
$25M
Chicago, IL-based ultra-fast grocery delivery service
BlackRock, Riverstone, BP
$125M
Oakland, CA-based maker of EV chargers
Norwest Venture Partners, JPMorgan, Capital One Ventures, Splunk Ventures, Adage Capital Partners, Balyasny Asset Management, Gaingels, Harmonic Growth Partners, ServiceNow, Menlo Ventures, IVP, Unusual Ventures, Citi Ventures, Battery Ventures, Alkeon Capital, GV, Sorenson Capital, Thomvest Ventures, Silicon Valley Bank
$230M
San Francisco, CA-based software delivery platform
Insight Partners
$20M
New York, NY and Tel Aviv-based AI video generation company
Wasatch Global Investors, Ares Management
$108M
Santa Monica, CA-based men’s lifestyle apparel brand
Tiger Global, Fin Capital, s12f, Underscore VC
$23M
New York, NY-based card API startup
Alta Partners, Horizons Ventures, Venrock
$50M
Cambridge, MA-based biotech company
Beyoncé Knowles-Carter, Trousdale Ventures, Beechwood Capital, NNS Capital
$31M
Atlanta, GA-based producer of flavored lemon water
Summit Partners
$135M
Boston, MA-based influencer marketing platform for enterprise consumer brands
Silver Lake Waterman, Contour Venture Partners, Intel Capital
$55M
New York, NY-based content personalization startup
Craft Ventures, Goldcrest Capital, Spearhead, Apollo Projects, Valor Equity Partners
$15M
San Francisco, CA-based data management software company
Greylock Partners, OpenSea, Pantera Capital, Jump Crypto, Jared Leto
$70M
San Francisco, CA-based decentralized exchange infrastructure provider
Catalio Capital Management, Arch Venture Partners, Alexandria Venture Investments, Risk, and Reward
$76M
Palo Alto, CA-based developer of checkpoint therapies for cancer
Piva Capital, Prelude Ventures
$37M
Oakland, CA developer of autonomous crop-dusters
Sapphire Ventures, Salesforce Ventures, Tiger Global, Norwest Venture Partners, Redpoint Ventures
$95M
San Francisco, CA-based lead generation startup
Tribe Capital, Insight Partners, ATX Venture Partners, Stage 2 Capital, Integr8d Capital
$41M
Austin, TX and Philadelphia, PA-based provider of commission tracking software
Tiger Global, Addition, Madrona Venture Group, Menlo Ventures
$75M
Berkeley, CA-based relational knowledge graph
Oren Zeev, Seven Seven Six, Lachy Groom
$35M
Morgan Hill, CA-based podcast recording service
FootPrint Coalition, Fifth Wall, CityRock, Cyrus, KeyFrame Capital
$29.5M
New York, NY-based home weatherization and electrification company
Sequoia Capital, 8VC, Atlantic Bridge
$15M
Mountain View, CA-based cloud app optimization startup
TCV, Oak HC/FT, Section32, Verily
$40M
Sunnyvale, CA-based virtual patient assistant
468 Capital, Sorenson Ventures, Strawberry Creek Ventures, Bee Partners, PJC, iRobot Boom Capital, Kubera Venture Capital
$17M
San Francisco, CA-based AI modeling startup
Portage Ventures, Kensington Capital Partners, Arch Capital Group, Roosh Ventures, Alven Capital
$50M
New York, NY-based rental property insuretech startup
Insight Partners
$30M
Los Angeles, CA-based estate and wealth management platform
DCIP, Spark Capital, Bold Capital Partners, Aspiro Capital, Taiwania Capital, TDK Ventures
$28M
Chelmsford, MA-based provider of 5G RAN solutions
Accel
$110M
Palo Alto, CA-based data security platform
Norwest Venture Partners, True Ventures, Shasta Ventures
$20M
Redwood City, CA-based social platform focused on employee wellness