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

Archetype
$100M
Third fund

Macquarie Asset Management
$3B
First dedicated energy transition fund

 

Razor’s Edge
$560M
Fourth fund

Ridgemont Equity Partners
$3.975B
Fifth fund

 

Sanofi Ventures
$625M
New fund

 

Touring Capital
$330M
Debut fund

Private Equity Deals

Shore Capital Partners
Comfort Temp
Undisclosed amount
Gainesville, FL-based provider of commercial and residential HVAC, refrigeration, and plumbing services

Emerald Lake
Core Transformers
Undisclosed amount
Seneca, SC-based provider of new and reconditioned transformers

Lion Equity Partners
Custom Tube Products
Undisclosed amount
Edgewater, FL-based maker of metal tubing assemblies and parts

Novacap
Integral Ad Science
Undisclosed amount
New York, NY-based media measurement firm

Goldman Sachs Infrastructure Fund
Liquid Environmental Solutions
Undisclosed amount
Austin, TX-based nonhazardous liquid waste management firm

Stone Point Capital and CPP Investments
OneDigital
Undisclosed amount
Atlanta, GA-based insurance brokerage and workforce consultant

Patient Square Capital
Premier
Undisclosed amount
Charlotte, NC-based health-care performance improvement firm

Thoma Bravo
PROS Holdings
Undisclosed amount
Houston, TX-based provider of revenue management software to airlines

Salt Creek Capital and HCAP Partners 
Real Diagnostics
Undisclosed amount
Reisterstown, MD-based microbiology and molecular diagnostics lab for physician offices and clinics

Tamarix Equity Partners
Royal Oak Recycling
Undisclosed amount
Detroit, MI-based provider of commercial recycling services

RA Capital Management, Forbion, OrbiMed, RiverVest, and USVP
Sparrow Pharmaceuticals
Undisclosed amount
Portland, OR-based developer of cardiometabolic drugs

BellTower Partners
United Soccer League
Undisclosed amount
North America’s largest and fastest-growing professional soccer organization

Venture Capital Deals

Riverwood Capital
AppZen
$180M
San Jose, CA-based automated enterprise finance compliance tool

Qiming Venture Partners, HanKang Capital, CDH Investments, YuanBio Venture Capital, Sherpa Capital, and Genesis Capital
Ausperbio
$63M
San Francisco, CA-based biotech focused on chronic hepatitis

Bessemer Venture Partners, Lakestar, Mosaic Ventures, Costanoa Ventures, and DoD
Auterion
$130M
Arlington, VA-based provider of software for military drones

OrbiMed, SR One, Longwood Fund, Foresite Capital, Lilly Asia Ventures, Surveyor Capital, NEA, Deep Track Capital, Sofinnova Investments, Sands Capital, Ince Capital, TF Capital, Delos Capital, and Quan Capital
Avenzo Therapeutics
$60M
San Diego, CA-based oncology biotech

Earlybird Venture Capital, Santé Ventures, Deerfield Management, CD Capital, and KOFA Healthcare
Axon Therapies
$32M
New York, NY-based medical device maker focused on heart failure

Lightspeed, NEA, and Refract
Brale
$30M
Des Moines, IA-based stablecoin issuer

Spark Capital, Activant Capital, Industry Ventures, and Pear VC
Cardless
$60M
San Francisco, CA-based branded credit card platform

Star Mountain Capital
Caregility
$25M
Wall, NJ-based global digital health leader providing a Connected Care Platform and AI-powered solutions to connect patients and clinicians through secure audio and video communication

Primary Venture Partners, ParaFi Capital, Stripe, Coinbase Ventures, Solana Ventures, Samsung Next, and Polygon Labs
Circuit & Chisel
$19.2M
Fairfiield, CT-based agentic commerce platform

Healthier Capital and Blue Venture Fund
Daymark Health
$20M
Philadelphia, PA-based cancer care company

G2A Investment Partners, Venture 53, and Tech Square Ventures
DEXA
$15M
Dayton, OH-based autonomous drone delivery startup

Khosla Ventures, Lightspeed, Coatue, Dell Technologies Capital, and DST Global
Distyl AI
$175M
San Francisco, CA-based startup that helps integrate AI into core biz workflows

JMI Equity
EdSights
$80M
New York, NY-based student voice platform

Lightspeed, YC, Together, and Prosus
Emergent
$23M
San Francisco, CA-based vibe coding platform for small businesses

Fidelity Management & Research Company, Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, Knollwood, and the Abu Dhabi Investment Authority
Empower Semiconductor
$140M
San Jose, CA-based processor maker

Gilead, 5AM Ventures, Catalio Capital Management, Cormorant, Delos Capital, F-Prime, Gates Foundation, Hanwha Impact Partners, Mirae Asset Financial Group, QIA, RTW, Solasta Ventures, SymBiosis and Viking Global Investors
Ensoma
$53M
Boston, MA-based in vivo hematopoietic stem cell engineering company

NEA, Sequoia Capital, Nvidia, and JPMorgan
Factory
$50M
San Francisco, CA-based software development platform

Salesforce Ventures, Battery Ventures, Left Lane Capital, and M-Fund
Fetcherr
$42M
New York, NY-based pricing engine for airlines

Insight Partners, Accel, Halo Fund, Meritech, Stepstone, Run Ventures, and Album Ventures
Filevine
$400M
Salt Lake City, UT-based legal intelligence startup

Benchmark
Greptile
$25M
San Francisco, CA-based code review platform

Insight Partners, Avenir, Primary Venture Partners, Scale Venture Partners, Story Ventures, Third Prime, and Studio VC
Inspiren
$100M
New York, NY-based senior living tech startup

The General Partnership, Wisdom Ventures, Blitzscaling Ventures, Westbound Equity Partners, and Mosaic Ventures
Manas AI
$26M
New York, NY-based drug discovery and development startup

Paladin Capital Group, Khosla Ventures, LGVP, and Entrepreneur First
Mimica
$26.2M
New York, NY-based process intelligence startup

Mayfield and Nexus Venture Partners
Obot AI
$35M
Cupertino, CA-based open-source enterprise AI gateway

Brightmind Partners, Sequoia Capital, and Insight Partners
Prelude Security
$16M
New York, NY-based endpoint protection platform

Valtruis and Intermountain Ventures
Sevaro Health
$39M
East Brunswick, NJ-based provider of virtual neurology services

RA Capital Management, Forbion, OrbiMed, RiverVest, and USVP
Sparrow Pharmaceuticals
$95M
Portland, OR-based developer of cardiometabolic drugs

Yves Behar, Marc Tarpenning, To VC, E12 Ventures, Neo, Marc Benioff, Uncorrelated Ventures, Nova Threshold, and MCJ
Telo Trucks
$20M
San Carlos, CA-based tiny electric truckmaker

CVS Health Ventures, Foresite Capital, a16z, Concord Health Partners, Town Hall Ventures, and AlleyCorp
Thyme Care
$97M
Nashville, TN-based cancer care company

Founders Fund, Field Ventures, and Lux Capital
Until Labs
$58M
San Francisco, CA-based developer of cryopreservation for organs

Bessemer Venture Partners
Valence
$50M
New York, NY-based enterprise AI coach

Sapphire Ventures, Left Lane Capital, Base10, and Cross Creek Capital
WeTravel
$92M
San Francisco, CA-based provider of travel payments software

Interactive Brokers, Morgan Stanley, Apollo, SoFi, Jump Crypto, Northwestern Mutual Future Ventures, and Liberty City Ventures
Zero Hash
$104M
Chicago, IL-based digital assets infrastructure provider