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
Blueprint Equity
$333M
Third fund
Healthier Capital
$220M
Debut fund
Pinegrove Opportunity Partners
$2.2B
Debut venture secondaries fund
Private Equity Deals
Grant Avenue Capital
21st Century Healthcare
Undisclosed amount
Tempe, AZ-based provider of vitamins and supplements for both humans and pets
BV Investment Partners
Alacrity Solution
Undisclosed amount
Fishers, IN-based managed repair program of PE-backed insurance claims manager
Lone Star Funds
Alliance Ground International
Undisclosed amount
Miami, FL-based airport services provider
KKR
Altavair
Undisclosed amount
Issaquah, WA-based commercial aviation leasing and financing company
Aurora Capital Partners
Anova
Undisclosed amount
New Providence, NJ-based provider of industrial IoT solutions
Platinum Equity
Czarnowski Collective
Undisclosed amount
Chicago, IL-based experiential marketing services firm
Gauge Capital
Ecosystems
Undisclosed amount
McLean, VA-based B2B customer value management company
Godspeed Capital
Engineering Resource Group
Undisclosed amount
Flowood, MI-based MEP engineering, consulting, and design firm
Cohere Capital
Flextecs
Undisclosed amount
Atlanta, GA-based provider of recovery audit, contract compliance, and payment accuracy software
Aquitaine Capital
KidsChoice
Undisclosed amount
Oklahoma City, OK-based provider of autism and pediatric therapy services
Bluestone Equity Partners
Selkirk Sport
Undisclosed amount
Hayden, ID-based maker of pickleball equipment
Elliott Investment Management
Stratolaunch
Undisclosed amount
Mojave, CA-based hypersonic flight company
Audax Strategic Capital
Strickland Brothers
Undisclosed amount
Winston-Salem, NC-based operator and franchisor of oil change centers
Highlander Partners and The Arnold Cos.
Tapatio
Undisclosed amount
Vernon, CA-based hot sauce brand
Shore Capital Partners
Together Women’s Health
Undisclosed amount
Detroit, MI-based network of gynecologic and obstetric care providers
LH Equity Partners
Valent Partners
Undisclosed amount
Dallas, TX-based tech strategy and transformation consultancy
Venture Capital Deals
Blackstone
Applecart
$100M
New York, NY-based marketing tech startup
IVP, CapitalG, and Nvidia
Baseten
$300M
San Francisco, CA-based AI inference startup
Centana Growth Partners, FoW Partners, Portage Ventures, and Threshold Ventures
Benepass
$40M
New York, NY-based benefits management platform
Maverick Ventures, YC, Adverb Ventures, and Peterson Ventures
Cambio
$18M
San Francisco, CA-based commercial real estate operations SaaS
RTW Investments, SR One, TCG Crossover, RA Capital Management, HBM Healthcare Investments, and SymBiosis
Corxel
$287M
Berkeley Heights, NJ-based cardiometabolic biotech
Goldman Sachs Alternatives
Cubby
$63M
Omaha, NE-based property management platform for self-storage operators
Riverwood Capital
DealHub
$100M
Austin, TX-based enterprise sales engagement platform
SV Angel, Georges Harik, Nvidia, Jeff Bezos, GV, Emerson Collective, Forerunner, S32, DCVC, Human Capital, Felicis, and CRV
humans&
$480M
Redwood City, CA-based human-centric AI lab
Blackbird, Costanoa Ventures, Uncork Capital, Fika Ventures, GD1, and Icehouse Ventures
Ivo
$55M
San Francisco, CA-based legal-tech startup using AI for contract work
Mubadala
L-Nutra
$36.5M
Los Angeles, CA-based nutrition-for-longevity startup
Index Ventures, Salesforce Ventures, Altimeter, Redpoint Ventures, and Hanabi Capital
LiveKit
$100M
San Francisco, CA-based developer platform for AI agents
OrbiMed, 8VC, 5AM Ventures, Lux Capital, and Wing VC
Mendra
$82M
San Francisco, CA-based rare disease biotech
EQT Growth, Atomico, HarbourVest Partners, Kinnevik, Battery Ventures, and Tiger Global
Mews
$300M
New York, NY-based operating system for hospitality
Gates Frontier, M12, Carbon Direct Capital, Aramco Ventures, Bosch Ventures, Tectonic Ventures, and Space Capital
Neurophos
$110M
Austin, TX-based photonic AI chip tech company
One Investment Management
Noveon Magnetics
$215M
San Marcos, TX-based rare earth magnets manufacturer
Thrive Capital and DST
OpenEvidence
$250M
Miami, FL-based “ChatGPT for doctors”
Bayland Capital, MRL Ventures Fund, J&J Innovation, LAV Fund, BioTrack Capital, and Sherpa Health Partners
PAQ Therapeutics
$38M
Burlington, MA-based oncology biotec
WestCap
Preply
$150M
Brookline, MA-based language learning platform that connects users with tutors
Ormat Technologies, Carbon Direct Capital, SiteGround Capital, the UC Berkeley Foundation’s Climate Solutions Fund, Exa, Nabors, alfa8, Arch Meredith, Abilene Partners, Cubit Capital, and Ignis H2 Energy
Sage Geosystems
$97M
Houston, TX-based geothermal developer
Bain Capital Crypto, Distributed Global, Haun Ventures, Brevan Howard Digital, Galaxy Digital, Sentinel Global, Bullish, Hypersphere Capital, Flowdesk, 1kx, Intersection, ParaFi, and Road Capital
Superstate
$82.5M
New York, NY-based tokenization and onchain issuance firm
Regeneron Ventures, Innovation Endeavors, Janus Henderson Investors, T.A. Springer, CE-Ventures, MBX Capital, YK Bioventures, AV8 Ventures, CU Innovations, and Buff Gold Ventures
Think Bioscience
$55M
Boulder, CO-based cardiac and lymphatic genetic syndrome biotech
Tiger Global, Premji Invest, Xora Innovation, Maverick Silicon, StepStone Group, Mayfield, Prosperity7 Ventures, Intel Capital, and Qualcomm Ventures
Upscale AI
$200M
Santa Clara, CA-based networking startup
Mitch Rales, Northpond Ventures, Durable Capital Partners, Socium Ventures, and Sator Grove
VieCure
$43M
Greenwood Village, CO-based provider of oncology care software
Spring Lane Capital, Obvious Ventures, USV, Lowercarbon Capital, Munich Re Ventures, Susquehanna Sustainable Investments, Clearvision Ventures, Orion Industrial Ventures, Safar Partners, Imperative Ventures, StepStone, University Growth Fund, Cross Creek, GVP Climate, Tranquillion, Carica Sustainable Investments, UP.Partners, and All Aboard Fun
Zanskar
$115M
Salt Lake City, UT-based geothermal energy developer
Healthier Capital, K2 HealthVentures, and General Catalyst
Zarminali Pediatrics
$110M
Chicago, IL-based operator of 28 pediatric clinics
Valor Equity Partners, Tiger Global, Fidelity, and Baillie Gifford
Zipline
$600M
South San Francisco, CA-based drone delivery and logistics company