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.
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Fundraising for PE & VC Funds
Allied Industrial Partners
$300M
Debut fund
Apollo
$5.4B
First PE secondaries fund
dao5
$222M
Second fund
Escalate Capital Partners
$350M
Fifth fund
FPV Ventures
$525M
Second fund
Smith Point Capital
$360M
Debut fund
StepStone Group
$705M
Fourth growth equity fund
Uncork Capital
$300M
Eighth seed fund ($225M) and fourth growth fund ($75M)
Private Equity Deals
Banneker Partners
Arkieva
Undisclosed amount
Wilmington, DE-based provider of supply chain planning software
NOVA Infrastructure
DartPoints
Undisclosed amount
Dallas, TX-based data center solutions provider
HGGC
Equity Methods
Undisclosed amount
Scottsdale, AZ-based stock compensation advisory company
Apex Capital
Juanita’s Foods
Undisclosed amount
Wilmington, CA producer of Mexican food products
Clearlake Capital
ModMed
Undisclosed amount
Boca Raton, FL-based provider of medical practice SaaS
Kohlberg & Co.
RESA Power
Undisclosed amount
Houston, TX-based electrical power services provider
Evergreen
The Vested Group
Undisclosed amount
Plano, TX-based NetSuite solutions provider
Sky Peak Capital
TriStar Plastics
Undisclosed amount
Shrewsbury, MA-based provider of engineered plastic solutions and self-lubricating bearings
Venture Capital Deals
Bain Capital Ventures, Salesforce Ventures, Insight Venture Partners, Meritech, and Venrock
Astronomer (dba Astro)
$93M
New York, NY-based unified data ops platform
Insight Partners, Afore Capital, Crossbeam Venture Partners, and Metrodora Ventures
Blooming Health
$26M
New York, NY-based social services and health care coordination network
Viking Global Investors, Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital
Canopy
$70M
Draper, UT-based provider of accounting software
G2 Venture Partners, SoftBank, Aglaé Ventures, Cota Capital, Hedosophia, Creandum, and Vintage Investment Partners
Cast AI
$108M
Miami, FL-based Kubernetes automation platform
Mainsail Partners
ChiroHD
$26M
Marietta, GA-based practice management system for chiropractors
Bessemer Venture Partners, 9Yards Capital, Sozo Ventures, a16z, South Park Commons, Strategic Cyber Ventures, and Script Capital
Doppel
$35M
San Francisco, CA-based social engineering defense platform
Notable Capital, Neo, Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures
Dub
$30M
New York, NY-based copy trading app
Ecosystem Integrity Fund, AlleyCorp, Alumni Ventures, Amazon Climate Pledge Fund, Cox Exponential, Elysium, New Enterprise Associates, One Small Planet, Overlap Holdings, Overture, VSC Ventures, and Working Capital Fund
Glacier
$16M
San Francisco, CA-based maker of recycling robots
Notable Capital and Coefficient Capital
Gorgie
$24.5M
Boca Raton, FL-based better-for-you energy drink
S2G Investments, Cibus Capital, Lowercarbon Capital, Otter Creek, iSelect, and Jeff Ubben
Growers Edge
$25M
Johnston, IA-based fintech for agricultural retailers, manufacturers, and lenders
Mayfield and Cisco Investments
Gruve.ai
$20M
Redwood City, CA-based AI deployment and measurement platform
MK Capital, Tamarind Hill, JobsOhio, and Rev1 Ventures
HealthPlan Data Solutions
$15M
Columbus, OH-based pharmacy analytics startup
SOSV, Amazon’s Climate Pledge Fund, Breakthrough Energy Fellows, Alexandria Venture Investments, AgriZeroNZ, Twynam, Good Growth Capital, and Ponderosa Ventures
Hoofprint Biome
$15M
Raleigh, NC-based developer of solutions for reducing cattle methane emissions
YL Venturesand Mayfield
Minimus
$51M
Newbury Park, CA-based application security startup
Bold Capital Partners, USAA, Climate Capital, Gaingels, River Park Ventures, Crosslink Capital, Third Sphere, and Draper Associates
Near Space Labs
$20M
Brooklyn, NY-based high-rez Earth imaging startup
Paradigm, Together AI, Distributed Global, North Island Ventures, Delphi Digital, and Solana co-founder Raj Gokal
Nous Research
$65M
Saratoga, CA-based open-source AI lab
Sequoia Capital, Spark Capital, Founders Fund, Index Ventures, Human Capital, Foundation Capital, and Susa Ventures
Nuvo
$34M
San Francisco, CA-based B2B network for physical goods
Radical Ventures, Village Global, Schematic Ventures, and Lerer Hippeau
P-1 AI
$23M
San Francisco, CA-based engineering AI for physical systems
Escape Velocity, Builders Vision, Yamaha Motor Ventures, M Power, and Sumitomo Corp
Phoenix Tailings
$33M
Burlington, MA-based developer of rare earths from mining waste
Arena Holdings, Mitchell Rales, Notable Capital, Bessemer Venture Partners, TQ Ventures, and Susa/Kivu Ventures
Plenful
$50M
San Francisco, CA-based provider of health care workflow automation tools
Thrive Capital, JPMorgan, Tiger Global, Khosla Ventures, and BoxGroup
Rogo
$50M
New York, NY-based generative AI startup focused on financial services
TomEnterprise
Sennos
$15M
Durham, NC-based provider of sensing, analytics and automation solutions for fluidics and fermentation
Sapphire Ventures, Mayfield, and Thomson Reuters Ventures
Supio
$60M
Seattle, WA-based legal AI platform for personal injury and mass tort plaintiff law firms
Accel, Meritech Capital, Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya
True Anomaly
$260M
Centennial, CO-based developer of autonomous spacecraft and software for U.S. national security
Renown Capital Partners, Quanta, Keyframe Capital, and Nvidia
Utilidata
$60M
Providence, RI-based maker of smart meters
NEA, Atlassian Ventures, Workday Ventures, Snowflake Ventures, Accel, GV, True Ventures, Norwest, Ballistic Ventures, JPMorgan, and Blackstone
Veza
$108M
Redwood Shores, CA-based identity security startup
Sageview Capital
Zoe
$29.6M
New York, NY-based platform for connecting RIAs with investors