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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
1789 Capital
$1.2B
Real estate development fund
Accel
$3.5B
New funds
WovenEarth Ventures
$155M
Second fund
Private Equity Deals
Thoma Bravo
Accelerant
$4B
Atlanta, GA-based risk exchange platform for specialty insurance
Integrated Water Services
Advanced Equipment and Services
Undisclosed amount
Houston, TX-based water treatment solutions provider
Lindsay Goldberg
Alro Steel
Undisclosed amount
Jackson, MI-based distributor of metals and performance plastics
AEVEX
BlackSea Technologies
$650M
Baltimore, MD-based developer of autonomous maritime and subsea systems
VSS Capital Partners
Cordoba
Undisclosed amount
Los Angeles, CA-based provider of engineering, construction and program management services
Blue Point Capital Partners
Dumpsters.com
Undisclosed amount
Westlake, OH-based waste management and site services company
Astara Capital Partners
Dynatec Systems
Undisclosed amount
Burlington, NJ-based provider of membrane-based industrial wastewater treatment services
Atlas Merchant Capital
Edge Focus
Undisclosed amount
Chicago, IL-based provider of underwriting and portfolio management software for consumer credit
Trinity Hunt Partners
Fisher Management Partners
Undisclosed amount
Columbus, OH-based management consulting firm
R&B Wholesale Distributors
Grand Appliance
Undisclosed amount
Sturtevant, WI-based appliances and electronics distributor
New Mountain Capital
Jensen Hughes
Undisclosed amount
Columbia, MD-based fire protection engineering and nuclear risk engineering firm
CHG Healthcare
KREWE Anesthesia
Undisclosed amount
New Orleans, LA-based staffing firm specializing in certified registered nurse anesthetists
Airo Mechanical
Legrande’s Enterprises
Undisclosed amount
Myrtle Beach, SC-based specialty plumbing and HVAC firm
CAI Software
LLumin
Undisclosed amount
Springfield, MA-based computerized maintenance management system for manufacturers
Wolf-Gordon
Look Walls & Interiors
Undisclosed amount
Dallas, TX-based custom wallcovering maker
Bernhard Capital Partners
New Mexico Gas Co.
Undisclosed amount
Albuquerque, NM-based natural gas company
Apollo Sports Capital
New York Yankees
$2.6B
New York City, NY-based professional baseball team
Clarendon Capital
O’Donnell Metal Deck & Bar Joist
Undisclosed amount
Elkridge, MD-based independent metal deck and steel bar joist product distributor
Quad-C Management
Paradigm HSE
Undisclosed amount
Pasadena, TX-based provider of health and safety solutions to industrial customers
Amberjack Capital Partners
PMV Automation
Undisclosed amount
Houston, TX-based maker of water management parts
New Heritage Capital
PowerRail
Undisclosed amount
Exeter, PA-based maker of aftermarket locomotive parts
Currier Plastics
Sage Product Development
Undisclosed amount
Foxborough, MA-based medical device engineering, design and development provider
Velocity FBO Network
SkyPlace FBO
Undisclosed amount
San Antonio, TX-based fixed base operator services provider for aviation
Merit Financial Advisors
The Bridgeway Group
Undisclosed amount
Pasadena, CA-based wealth manager
Braemont Capital
Thought Logic Consulting
Undisclosed amount
Atlanta, GA-based enterprise consultancy
Second Nature Brands
Tillamook Country Smoker
Undisclosed amount
Vose, OR-based jerky brand
Goldman Sachs Alternatives
Tosca
Undisclosed amount
Atlanta, GA-based provider of reusable food packaging
Hightower Advisors
Valley Financial Group
Undisclosed amount
Ambler, PA-based wealth manager
Gridiron Capital
van den Boom & Associates
Undisclosed amount
San Diego, CA-based provider of outsourced back-office solutions for life sciences companies
Battery Ventures
Vetspire
Undisclosed amount
San Francisco, CA-based veterinary software company
Western Botanicals
Yellow Emperor
Undisclosed amount
Eugene, OR-based maker of liquid dietary supplements
Venture Capital Deals
Venrock
Aligned Marketplace
$20M
New York City, NY-based company that connects self-insured employers with primary care clinics
Tasso Partners, Eli Lilly, and Scopia Capital
Amplifica
$26M
San Diego, CA-based developer of hair growth treatments
Susquehanna Growth Equity
ApartmentIQ|
$25M
Madison, WI-based market intelligence and revenue management platform for the multifamily industry
Granite Asia, HighLight Capital, MPCi, and NRL Capital
Aureka Biotechnologies
$100M
Laguna Hills, CA-based developer of biological foundation models for drug discovery
Redmile, Vsquared Ventures, and Kindred Capital
Bios Life
$25M
Boston, MA-based virtual cancer surveillance startup
Peak XV Partners, GV, and YC
Blacksmith
$45M
San Francisco, CA-based AI code-testing platform
Deerfield Management
Boulevard Bio
$65M
New York City, NY-based precision immunology startup
Edison Partners, Venture53, Origin Ventures, Salt VC, and SpringTime Ventures
Clear Jet
$25M
Austin, TX-based provider of parcel logistics infrastructure and orchestration
Atomico, Smash Capital, BMW iVentures, Datadog, Hirtle Callaghan, SineWave Ventures, CRV, Scale Venture Partners, Flex Capital, and Pelion Venture Partners
CodeRabbit
$143M
Walnut Creek, CA-based AI code review startup
Coatue, Blackstone, MGX, T. Rowe Price, Sixth Street Growth, BOND, Clearlake Capital, Point72, Premji Invest, TPG, a16z, Dragoneer, Fidelity, Franklin Templeton, GIC, Goldman Sachs, Insight Partners, JPMorgan Private Capital, Kinetic, Morgan Stanley Investment Management, NEA, Ontario Teachers’ Pension Plan, Temasek, Thrive Capital, and WCM Investment Management
Databricks
$5B
San Francisco, CA-based AI software company
Octagon Capital, Janus Henderson Investors, Fidelity, Cormorant Asset Management, Duquesne Family Office, Sanofi Ventures, Abrdn, Angelini Ventures, and Readout Capital
Epicrispr
$90M
San Francisco, CA-based developer of programmable epigenetic medicines
T. Rowe Price, Sequoia Capital, Janus Henderson, Franklin Templeton, PEAK6 Investments, Prelude Ventures, Engine Ventures, TPG Rise Climate, Capricorn, Breakthrough Energy Ventures, Dustin Moskovitz, Cari Tuna, Gigascale Capital, Coatue, Energy Impact Partners, NGP, GE Vernova, Blindspot Ventures, and M&G Catalyst Fund
Form Energy
$750M
Somerville, MA-based developer of multi-day grid batteries
Lightspeed, Committed Capital, Basis Set, Caffeinated Capital, GGF, Haystack, and Logos Fund
Gravity
$30.5M
San Francisco, CA-based agent-to-agent ads product
Felicis, Hedosophia, and Menlo Ventures
Heaviside Industries
$60M
Los Angeles, CA-based defense hardware startup
The Column Group, Vida Ventures, MRL Ventures Fund, Emerson Collective, Euclidean Capital, Solasta Ventures, Sanofi, and Eli Lilly
InduPro
$77M
Cambridge, MA-based oncology biotech
Regeneron Ventures, Playground Global, RA Capital Management, Goldcrest Capital, Forge Life Science Partners, Godfrey Capital, Wild Tree Ventures, Merck Global Health Innovation Fund, Everbright Biofund, Civilization Ventures, and Pear VC
Infinimmune
$75M
Alameda, CA-based developer of antibody therapeutics
Forge Life Science Partners, Longwood Fund, Alexandria Venture Investments, Foresite Capital, Lilly Asia Ventures, and Nextech Invest
Khartis Therapeutics
$50M
San Diego, CA-based developer of oral medicines for immunological and chronic diseases
Ten Coves Capital, Schooner Capital, Derive Ventures, and Osage Venture Partners
MarginEdge
$80M
Arlington, VA-based provider of restaurant management software
Album VC, Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar
Mindgard
$30M
Boston, MA-based enterprise AI security startup
Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital, and WS Investment Co.
Pathway
$30M
Palo Alto, CA-based AI lab focused on “post-transformer architecture”
LB Investment, Arm, and Maverick Silicon
Point2 Technology
$60M
San Jose, CA-based maker of data center interconnect solutions
O.G. Venture Partners, M Ventures, NFX, Vine Ventures, Qumra Capital, TechAviv, 97212 Ventures, Fresh Fund, PsyMed Ventures, Tadmor Group, and IT-Farm Corp
Remepy
$36M
New York City, NY-based biotech pairing prescription medicines with therapeutic software
General Catalyst, AMP PBC, Nvidia, AMD Ventures, YC, and Temasek
River AI
$1.1B
Palo Alto, CA-based open-source AI startup
Valor Atreides AI Fund, ME Group, DRW, F-Prime, Samsung, VanEck, Further, Jump, Tectonic, Wintermute, Breed, Hack, Blank VC, Sancus Ventures, and SoGal Ventures
Silicon Data
$30.5M
New York City, NY-based real-time compute pricing data platform
Cathay Innovation, Dell Technologies Capital, Citi Ventures, Bloomberg Beta, State Farm Ventures, and Wipro Ventures
Skan AI
$63M
Menlo Park, CA-based context graph of work for enterprise
AID1 Capital Partners, Altimeter Capital, and Soft
BankThrive Holdings
$2B
New York City, NY-based private equity firm focused on AI
Sequoia Capital
Trajectory
$40M
San Francisco, CA-based AI lab focused on continual learning
Global PayTech Ventures, Andreessen Horowitz, Tiger Global, Quantum Light Capital, Monashees, and Kaszek
Yuno
$45M
San Francisco, CA-based payments infrastructure company