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
Ara Partners
$2.5B
First energy projects fund
Bison Ventures
$160M
Second fund
Blackstone
$8.7B
Fifth energy transition fund
FFL Partners
$1.35B
Sixth flagship PE fund
Inspired Capital
$450M
Fourth fund
Monomoy Capital Partners
$589M
Small-cap fund
Private Equity Deals
Kian Capital
Allen Supply
Undisclosed amount
Saginaw, MI-based distributor of commercial doors and hardware accessories
Renovus Capital Partners
Aspire Home Health Care
Undisclosed amount
Chicago, IL-based provider of orthopedic and home health services
WilliamsMarston
Charted
Undisclosed amount
Boston, MA-based NetSuite services unit of Level Equity
Stonepeak
Chicago Parking Meters
Undisclosed amount
Chicago, IL-based on-street parking system
Tegria
CloudWave
Undisclosed amount
Marlborough, MA-based cybersecurity provider for health care
Solen Software Group
Cooperative Technologies
Undisclosed amount
Atlanta, GA-based provider of annuity and life insurance replacement data software
The Newcastle Network
Dan-O’s Seasoning
$25M
Louisville, KY-based maker of seasoning blends
WaveDivision Capital, TPO, and Stephens Capital Partners
EarthLink
Undisclosed amount
Atlanta, GA-based ISP
Tide Rock
Electro-Spec
Undisclosed amount
Franklin, IN-based plating and surface finishing company
Savillex
Entegris
Undisclosed amount
Billerica, MA-based life sciences fluid management unit
Banner Capital
Exterior Solutions Group
Undisclosed amount
Edmond, OK-based commercial roofer
Apogem Capital
Family Care Center
Undisclosed amount
Denver, CA-based provider of outpatient mental health services
Paine Schwartz Partners
First Day Life
Undisclosed amount
Austin, TX-based maker of branded vitamins and supplements
Port Jersey Logistics Network
Fond du Lac
Undisclosed amount
Edison, NJ-based provider of transportation services to wine, spirits, and food customers
NexTech Solutions
Halcyon Days Consulting
Undisclosed amount
Stevensville, MD-based provider of tactical mission networks and operational software for the U.S. military and allies
Ares
Infinity Transportation
$2.9B
Atlanta, GA-based railcar and intermodal equipment lessor
Aeromax Group
Loutech
Undisclosed amount
Chino, CA-based maker of aerospace parts
Brightstar Capital Partners
Material Handling Group USA
Undisclosed amount
Canton, Mich.-based provider of material handling equipment and aftermarket parts and services
Greybull Stewardship
Mid-West Textile
Undisclosed amount
El Paso, TX-based used textile collection and recycling company
Treville Capital Group, Vista Credit Partners, Siguler Guff, Aquiline, Brightwood Capital Advisors, and The Cynosure Group
Platform Accounting Group
$355M
Salt Lake City, UT-based acquirer and operator of boutique accounting and advisory firms
Stone-Goff Partners
Quandary Consultants
Undisclosed amount
Denver, CO-based provider of regulatory and compliance-focused environmental services for infrastructure operators
Sequoia Financial Group
Quish
Undisclosed amount
Boulder, CO-based family office and wealth management firm
Audax Private Equity
Rensa Filtration
Undisclosed amount
Aurora, IL-based maker of air filtration solutions
LGM Pharma
Sannova Analytical
Undisclosed amount
Somerset, NJ-based contract research lab
CSL Group
SIMPL Wireless
Undisclosed amount
Duluth, GA-based IoT connectivity company
Lux Infusion
Suite Health
Undisclosed amount
Loveland, CO-based provider of specialty infusion therapy
Morgan Stanley Capital Partners
The Rapid Group
Undisclosed amount
Paterson, NJ-based provider of inspection, repair, and maintenance services for rotating equipment
Lightview Capital
Thorn Run Partners
Undisclosed amount
Washington DC-based lobbying firm
Argentum Capital Partners
Truck Parking Club
Undisclosed amount
Ringgold, GA-based platform for finding tractor-trailer parking
Forward Consumer Partners
Welly
Undisclosed amount
Minneapolis, MN-based bandage brand
Charlesbank Capital Partners
Wood Smith Henning & Berman
Undisclosed amount
Los Angeles, CA-based defense law firm
Venture Capital Deals
Altimeter Capital, Accel, Khosla Ventures, Felicis, XYZ Venture Capital, and 8VC
Arda
$232M
San Francisco, CA-based manufacturing AI startup led by ex-OpenAI exec Bob McGrew
Spark Capital, Citadel Securities, Meritech Capital, and Craft Ventures
ASI
$325M
Boston, MA-based AI startup “orchestrating critical infrastructure and national security”
NTTVC
AuxoAI
$20.7M
San Francisco, CA-based forward-deployed AI engineering company
Sequoia Capital, Premji Invest, Peak XV Partners, GV, and YC
Blacksmith
$66M
San Francisco, CA-based infrastructure platform for building and testing code
LGVP, WEX Ventures, Group 11, Great North Ventures, Night Capital, and Mintaka Capital
CapitalOS
$21.9M
Belmont, CA-based provider of spend management tools for SMBs
Founders Fund and the OpenAI Startup Fund
Coherence
$45M
San Francisco, CA-based developer of devices that use AI to monitor and treat cancer
FirstMark
Daytona
$60M
New York City, NY-based developer of cloud infrastructure for AI agents
General Catalyst and Lightspeed
Different
$48M
San Francisco, CA-based AI marketing startup
B Capital, Kindred Ventures, A.Capital, Unusual Ventures, SV Angel, Wing VC, Scribble VC, and Adrian Aoun
Dream Labs
$90M
San Francisco, CA-based developer of foundation models for robotics
A16z, F-Prime, Obvious Ventures, and E14 Fund
Eka Robotics
$150M
Cambridge, MA-based developer of general-purpose robots
Definition Capital, BoxGroup, and Susa Ventures
Firefly
$20M
New York City, NY-based physical AI safety startup
Index Ventures, Lux Capital, Sequoia Capital, GV, and Kleiner Perkins
Flapping Airplanes
$1B
San Francisco, CA-based startup seeking to train large models on less data
Mercato Partners, Light Ray Ventures, Lightscape Partners, Citi, and S2G Investments
Formic
$50M
Chicago, IL-based physical AI commercialization platform
Tiger Global and Mark Cuban Cos.
Fort Robotics
$20M
Philadelphia, PA-based provider of robot safety solutions
Fulcrum Equity Partners, dunnhumby Ventures, Iberis Capital, and ORIX USA
Kevel
$52M
Durham, NC-based ad tech infrastructure startup
First Round Capital, Bessemer Venture Partners, Prudence, and Quiet Capital
Mach9
$34M
San Francisco, CA-based design software startup
Lightspeed and South Park Commons
Nirva
$25M
San Francisco, CA-based developer of wearable AI personal companions
VXI Capital, RA Capital, Valo Ventures, and Atlas Innovate
Optivolt
$32M
San Francisco, CA-based developer of an intelligence layer for solar
General Catalyst’s Customer Value Fund
Otter
$320M
Mountain View, CA-based meeting note-taking app
Bristol Myers Squibb, NEA, Revolution, and Builders VC
Pathos AI
$237M
New York City, NY-based precision oncology startup
GM Ventures, Maverick Silicon, Infinite Capital, Eclipse, Xora Innovation, and LG Technology Ventures
Peak Energy
$108M
Denver, CO-based sodium-ion battery maker
Story Ventures, FINTOP, Core VC, Obvious Ventures, 1st & Main Growth Partners, and Mana Ventures
Prism Data
$20M
New York City, NY-based cash flow analytics startup
Insight Partners, IA Ventures, and Crew Capital
Qualitate
$25M
New York City, NY-based intelligence system for primary research
Vertex Ventures SEA & India, Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners, and Titanium Ventures
RapidCanvas
$29M
Austin, TX-based managed AI execution platform
Nimble Partners, Gideon Strategic Partners, RockCreek, Geek Ventures, Gold Hill Capital, Sparkwave Capital, and SVB
Reliable Robotics
$115M
Mountain View, CA-based developer of an autonomous flight system
Rally Ventures and Skyward Group
Slingshot Insurance
$27M
Minneapolis, MN-based embedded insurance startup
OrbiMed, Janus Henderson, Agent Capital, Catalio Capital Management, Cormorant Asset Management, New Leaf Venture Partners, NYBC Ventures, RA Capital Management, Redmile, Sofinnova Investments, and Soleus Capital
Star Therapeutics
$200M
San Francisco, CA-based hematology and immunology biotech
USV, Khosla Ventures, and Homebrew
Tolan
$30M
San Francisco, CA-based AI companion
Forerunner Ventures, Menlo Ventures, a16z, First Round Capital, Better Tomorrow Ventures, Precedent.vc, Scribble Ventures, Serena Ventures, and Sparked Ventures
Town
$108M
San Francisco, CA-based AI assistant for teams
Sapphire Ventures, M&G’s Catalyst, N47, General Catalyst, Bosch Ventures, 53 Stations, Monashees, Endeavor Catalyst, Norte Ventures, and YC
Tractian
$130M
Atlanta, GA-based AI platform for asset-heavy industries
Lightspeed, Premji Invest, Mayfield, IVP, Lux, Conviction, Menlo Ventures, 01 Advisors, Standard, Lowercarbon Capital, Gigascale Capital, Angular Ventures, Scribble Ventures, Uncork Capital, Innovation Endeavors, Matter VP, Zero Shot Fund, SignalFire, and Moxxie Ventures
Warp Sciences
$215M
San Francisco, CA-based chemistry
CRO Future Ventures
Xona
$250M
Burlingame, CA-based provider of commercial navigation infrastructure in low-Earth orbit
Catalio Capital Management and Baheal
ZAP Surgical Systems
$36M
San Carlos, CA-based robotic radiosurgery platform