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.
Fundraising for PE & VC Funds
Core Industrial Partners
$887M
Third fund ($685M), and a fund dedicated to industrial services companies ($202M)
RW3 Ventures
$60M
Debut fund
Private Equity Deals
Whistler Capital Partners
AmeriPro
Undisclosed amount
Atlanta, GA-based medical transportation and patient logistics company
Sixth Street Partners
Blue Stream Fiber
Undisclosed amount
Coral Springs, FL-based broadband provider
GoDigital
Cinq Music
$250M
Los Angeles, CA-based music rights management firm
Comvest Partners
ClearOne Advantage
Undisclosed amount
Baltimore, MD-based provider of debt resolution services
Endeavour Capital and Greenbelt Capital Partners.
CTC Global
Undisclosed amount
Irvine, CA-based maker of conductor cores for high-voltage transmission cables
Global Infrastructure Partners
Eversource Energy
$1.1B
Boston, MA-based offshore wind projects
General Atlantic and Stone Point Capital
HireRight
Undisclosed amount
Nashville, TN-based provider of background screening services for employers
Venture Capital Deals
Amplify Partners, Tamarack Global, and First In Ventures
Antithesis
$47M
New York, NY-based autonomous software testing and debugging startup
Sofinnova Investments, Longitude Capital, RA Capital, Cormorant Asset Management, RTW Investments, SV Health Investors, OrbiMed Advisors, Sands Capital, Pivotal bioVenture Partners, Osage University Partners, Lilly Ventures, Amgen Ventures and a16z
BioAge Labs
$170M
Richmond, CA-based developer of anti-obesity therapies
General Catalyst, Rally Ventures, and Costanoa Ventures
Bugcrowd
$102M
San Francisco, CA-based crowdsourced bug bounty platform
Nyca Partners
Duetti
$15M
New York, NY-based music financing platform
Versant Ventures, MPM BioImpact, Decheng Capital, and Eli Lilly
Firefly Bio
$94M
Burlingame, CA-based biotech focused on protein degraders
Spark Capital and Pillar VC co-led, and were joined by Schneider Electric, Fifth Wall, Starwood Capital, Standard Investments, Home Depot, Ferguson, Simpson Strong-Tie, Mulhern+Kulp Engineering, Suffolk Technologies, RXR Realty, PSP Growth, Metaprop, SC Masterfund, and Carl Bass
Higharc
$53M
Durham, NC-based cloud platform for homebuilding operations,
BlackRock, Hartree Partners, DCVC, Climate Investment, and Energy Innovation Capital
Kairos Aerospace
$52M
Sunnyvale, CA-based methane leak detection startup.
GP Bullhound, 1941, Insight Partners, Velvet Sea Ventures, Space Capital, MDSV Capital, and Dylan Taylor’s AngelList syndicate
LeoLabs
$29M
Menlo Park, CA-based commercial catalog of objects in low-Earth orbit
Sam Altman, Lachy Groom, Sequoia, John Bicket, Sanjit Biswas, and Diane Greene
Meter
$35M
San Francisco, CA-based internet infrastructure startup
Nasdaq, BNP Paribas, DRW VC, UBS, and Wells Fargo
Nasdaq Private Market
$62.4M
New York, NY and San Francisco, CA-based provider of liquidity solutions to private companies
Chesapeake Energy, Arch Meredith, Helium-3 Ventures, Virya, Nabors Industries, and Ignis Energy
Sage Geosystems
$17M
Houston, TX-based developer of a geothermal system that stores and dispatches energy with pressurized water.
Redpoint Ventures, New York Life Ventures, Amplify Partners, Tiger Global, and XYZ Ventures
Scribe
$25M
San Francisco, CA-based platform for documenting and sharing business processes
Dementia Discovery Fund, Leaps by Bayer, and UPMC Enterprises
Sudo Biosciences
$30M
Carmel, IN-based developer of precision TYK2 inhibitors