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
AE Industrial Partners
$418M
Second aerospace leasing fund
Aligned Climate Capital
$240M
Sixth fund focused on community solar projects
Blue Owl Capital
$7B
Third digital infrastructure fund
Crestline Investors
$3.5B
Fourth direct lending fund
DFJ Growth
$1.2B
Fifth fund
Dynamo Ventures
$54M
Third fund
Kayne Anderson
$2.3B
Third energy income fund
Nexa Equity
$390M
Second fund
Northleaf Capital Partners
$6B
Fourth infrastructure-focused PE fund
Redpoint Ventures
$650M
10th flagship fund
VMG Partners
$1B
Sixth fund
Work-Bench
$160M
Fourth fund
Private Equity Deals
TSG Consumer Partners
EoS Fitness
Undisclosed amount
Phoenix, AZ-based gym chain
T. Rowe Price, Alpha Wave Global, and Temasek
Hub International
Undisclosed amount
Chicago, IL-based insurance broker
Arclight Capital Partners
NGPL
Undisclosed amount
Houston, TX-based natural gas infrastructure company
Five Point Infrastructure
PowerBridge
Undisclosed amount
Houston, TX-based developer of data centers in the Permian Basin
ApolloPower
Grid Services
Undisclosed amount
Hartselle, AL-based provider of maintenance and construction services to electric utilities
Crest Rock Partners
Productive Programming
Undisclosed amount
Verona, WI-based provider of software to health-care and other benefits organizations
Blackstone
TaskUs
Undisclosed amount
New Braunfels, TX-based provider of outsourced digital services and customer experience solutions
IX Capital Partners
Teague Electric
Undisclosed amount
Lenexa, KS-based electrical services provider
Caymus Equity Partners
Valley Lighting
Undisclosed amount
Linthicum Heights, MD-based lighting and shading business
Venture Capital Deals
Vitruvian Partners, WestCap, EDBI, 8VC, and Valor Equity Partners
Addepar
$230M
Mountain View, CA-based provider of wealth management software for RIAs
HealthQuest Capital, Samsara BioCapital, OrbiMed, Action Potential VC, BrightEdge, the Brain Tumor Investment Fund, and Sontag Innovation Fund
Alpheus Medical
$52M
Chanhassen, MN-based developer of sonodynamic therapy for treating solid body cancer
Altira Group, Aramco Ventures, NEA, KDT, and Activant
Arkestro
$36M
San Francisco, CA-based predictive procurement platform
Goldman Sachs Alternatives and Smith Point Capital
Bestow
$120M
Dallas, TX-based life insuretech
Northzone, General Catalyst, AlleyCorp, Kaiser Permanente Ventures, Texas Medical Center Ventures, and 1984 Ventures
Clarium
$27M
New York, NY-based health-care supply chain resiliency platform
Lux Capital, Mayfield, FPV, and Candou Ventures
Cognichip
$33M
San Francisco, CA-based startup using genAI to develop new chips
Temasek, Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners
Cohere Health
$90M
Boston, MA-based provider of clinical admin automation tools
Owl Ventures and Blume Ventures
Complement 1
$16M
Bloomington, MN-based cancer lifestyle modification startup
Blackstone
Entrata
$200M
Lehi, UT-based provider of property management software for the multifamily industry
Renegade Partners, Andreessen Horowitz, Primary Venture Partners, Susa Ventures, and 1Sharpe
Flock Exchange
$20M
Atlanta, GA-based exchange for retiring real estate owners
O’Neil Strategic Capital, Susquehanna Private Equity Investments, SignalFire, GLP Capital Partners, and Bracket Capital
Flock Freight
$60M
Encinitas, CA-based shared truckload freight brokerage
Insight Partners, GV, Future Ventures, and Abstract Ventures
Glass Imaging
$20M
Los Altos, CA-based digital imaging startup
A16z, speedrun, Abstract, and Index Ventures
Hedra
$32M
San Francisco, CA-based AI video generation platform
WestCap
iAltA
$20M
New York, NY-based private markets infrastructure startup
AJ Hollander, Integrated Partners, and XPTO
Nortian
$41M
St. Joseph, MO-based collagen production startup
Koch Disruptive Technologies led, joined by Bessemer Venture Partners, The Westly Group, and Activate
Optimal Dynamics
$40M
New York, NY-based decision intelligence platform for logistics
Meritech, Headline, and Alt Capital
Owner.com
$120M
San Francisco, CA-based digital platform for independent restaurant owners
Accel, Insight Partners, Viola Ventures, EXOR, and LionBird
PhaseV
$50M
Boston, MA-based clinical trial and development software startup
Future Ventures, Avila VC, GSBackers, Khosla Ventures, Mayfield, SiteGround, TitletownTech, and Wisconsin Alumni Research Foundation
Realta Fusion
$36M
Madison, WI-based magnetic mirror fusion startup
Lux Capital, Sequoia Capital, and Starship Ventures
Reflect Orbital
$20M
Hawthorne, CA-based space energy startup
Schooner Capital and Alexandria Venture Investments
Remedy Plan Therapeutics
$18M
Gaithersburg, MD-based developer of hyperbolic NAMPT inhibitors
Elad Gil, Sands Capital, GIC, Goldman Sachs Growth, Baillie Gifford, Y Combinator, Founders Fund, Coatue, Bedrock Capital, Greenoaks, Kleiner Perkins, and Sequoia Capital
Rippling
$450M
San Francisco, CA-based provider of HR software
AE Ventures, Crosscut Ventures, Zeon Ventures, and Mitsubishi Electric
Solestial
$17M
Tempe, Ariz.-based space solar busines
Khosla Ventures, SciFi VC, Chan Zuckerberg Initiative, Fusion Fund, Ajinomoto Group Ventures, Pitango HealthTech, TechAviv, Harpoon Ventures, Martin Chavez, and Fidji Simo
Somite
$47M
Boston, MA-based agentic security platform
General Catalyst, a16z, UC Regents, GV, and Accel
Sprinter Health
$55M
Menlo Park, Calif.-based provider of at-home health services
Goodwater Capital, USV, StepStone, Serengeti, University of Illinois Foundation, and T. Rowe Price
Stash
$146M
New York, NY-based investing and savings platform
Strike Capital, Baillie Gifford, NewView Capital, G Squared, Georgia Tech Foundation, Kleiner Perkins, Franklin Templeton, Founders Fund, Bond, and Lux Capital
Stord
$80M
Atlanta, GA-based cloud supply chain company
RA Capital Management, Khosla Ventures, Chugai Venture Fund, Eli Lilly, J&J, Myeloma Investment Fund, and Tachyon Ventures
Stylus Medicine
$40M
Cambridge, MA-based gene editing startup
Magnetar, AMD Ventures, Maverick Silicon, Nexus Venture Partners, and Prosperity7
TensorWave
$100M
Las Vegas, NV-based data center provider
Wing VC, S Ventures, Snowflake Ventures, and Databricks Ventures
Theom
$20M
San Jose, CA-based AI security and data governance startup
Angelini Ventures, Apollo Health Ventures, SV Health Investors, Dementia Discovery Fund, Dolby Family Ventures, Eli Lilly, Foundation for a Better World, MRL Ventures Fund, and Sanofi Ventures
Therini Bio
$39M
South San Francisco, CA-based vascular injury biotech
Razor’s Edge Ventures, Crosslink Capital, Balerion Space Ventures, and Capital Factory Ventures
X-Bow
$105M
Seattle, WA-based provider of solid-rocket motors
Hanaco Ventures, Seraphim, Balerion Space Ventures, JAWS, Vanderbilt University, RiverPark Ventures, Stage 1 Ventures, 7i Capital, and Beyond Earth Ventures
Zeno Power
$50M
Washington, DC-based developer of radioisotope power systems