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
Aurora Capital Partners
$2.1B
Seventh flagship midmarket PE fund
Bain Capital and Lincoln Financial
tbd
Evergreen private credit fund
One Equity Partners
$3.25B
Ninth flagship fund
Platinum Equity
$2.28B
Second small-cap PE fund
Rockbridge Growth Equity Management
$360M
Third midmarket PE fund
Veritas Capital
$14.4B
Ninth flagship fund
Private Equity Deals
EnCap Flatrock
Aspen Midstream
Undisclosed amount
Dallas, TX-based focused on natural gas transmission and last-mile solutions in North America
Industrial Opportunity Partners
Charcuterie Artisans
Undisclosed amount
Salt Lake City, UT-based charcuterie group
Hudson Glade and New State Capital Partners
ComNet Communications
Undisclosed amount
Bethel, CT-based provider of low-voltage infrastructure solutions
Vitruvian Partners
DeepIntent
$637M
New York, NY-based health-care advertising platform
ParkerGale
e-PlanSoft
Undisclosed amount
Irvine, CA-based provider of electronic plan review software
Station Partners
First Children Services
Undisclosed amount
Cherry Hill, NJ-based provider of behavioral health and special ed services in New Jersey and Pennsylvania
Signal Hill
Kluber
Undisclosed amount
Aurora, IL-based architecture, engineering, and design firm
Arsenal Capital Partners
ThermoSafe
Undisclosed amount
Alrington Heights, IL-based packaging business
Magnetar
Torus
$200M
Salt Lake City, UT-based distributed power plant platform
Interlock Equity
VeloSource
Undisclosed amount
St. Louis, MO-based provider of locum tenens staffing solutions
Venture Capital Deals
Interlagos, a16z, Point72 Ventures, and 8VC
Apex Space
$200M
Los Angeles, CA-based maker of satellite busses
Khosla Ventures, General Catalyst, Caffeinated Capital, GIC, Electric Capital, and Founders Fund
Aven
$110M
San Francisco, CA-based provider of home equity–backed credit cards
NEA
Clockwork
$20.5M
San Francisco, CA-based startup seeking to maximize AI workloads via GPU maximization
Founders Fund, Lux Capital, 8VC, Neo, Elad Gil, Definition Capital, and Swish VC
Cognition
$400M
New York, NY-based AI coding startup
a16z, Insight Partners, MGX, Thrive Capital, and WCM Investment Management
Databricks
$1B
San Francisco, CA-based data and AI company
HealthQuest Capital, Norwest Venture Partners, .406 Ventures, LRVHealth, and AlleyCorp
Diana Health
$55M
New York, NY-based network of women’s health practices
MassMutual Ventures and Healthy Ventures
Goodpath
$18M
Boston, MA-based provider of virtual care for chronic conditions
General Catalyst, 8VC, Alta Partners, and DFO Management
Harbor Health
$130M
Austin, TX-based clinic group and insurer
GFT Ventures, BroadLight Capital, NextEquity Partners, AI Capital Partners, Menlo Ventures, and Alpha Square Group
Higgsfield.ai
$50M
San Francisco, CA-based video reasoning engine
NTTVC
Isotopes.AI
$20M
Palo Alto, CA-based AI agent for analytics
QED Investors, Activate Capital, August Capital, Proof, Commerce Ventures, Sompo, Savano, Gaingels, and Better Tomorrow Ventures
Kin Insurance
$50M
Chicago, IL-based DTC home insurer
Deep Track Capital, Vida Ventures, Pontifax, and TC
GLB Pharmaceuticals
$285M
New York, NY-based biotech focused on neuropsychiatric diseases like acute schizophrenia
World Fund, Khosla Ventures, Chipotle’s Cultivate Next, Change Forces, Susquehanna Sustainable Investments, Energy Impact Partners, and Fine Structure Ventures
Nitricity
$50M
San Francisco, CA-based organic fertilizer maker
Byers Capital, Blue Venture Fund, Northpond Ventures, S32, Casdin Capital, and Merck Global Health Innovation Fund
Octave Bioscience
$35M
Menlo Park, CA-based biotech focused on Multiple Sclerosis
Affinity Asset Advisors, Dimension Capital, Jeito Capital, Lightspeed Ventures, TPG Life Sciences Innovations, and Wedbush Healthcare Partners
Odyssey Therapeutics
$213M
Boston, MA-based biotech focused on autoimmune disorders and inflammation
Insight Partners, Memorial Hermann, Northwell Health, Novant Health, The Ohio State University Wexner Medical Center, and UPMC Enterprises
Optain
$26M
New York, NY-based provider of eye-disease detection and cardiovascular-disease risk assessment
Greycroft, UPMC Enterprises, SemperVirens, Snowflake Ventures, Watershed Ventures, Horizon Mutual Holdings, ManchesterStory, Overwater Ventures, California Health Care Foundation, Canvas Prime, and Plug and Play
Penguin Ai
$29.7M
Palo Alto, CA-based provider of health-care administration solutions
Integrity Growth Partners, MetaProp, Capital Eleven, and RE Angels
Pest Share
$28M
Nampa, ID-based provider of pest control software
Base10 Partners, Northzone, Entrepreneurs Roundtable Accelerator, and Eniac Ventures
Predoc
$30M
New York, NY-based health information management company
BlackRock, Temasek, Baillie Gifford, Macquarie Capital, Ribbit Capital, NVentures, Adage Capital Management, Qatar Investment Authority, Type One Ventures, Counterpoint Global (Morgan Stanley), 1789 Capital, S Ventures and insiders Blackbird, Third Point Ventures, and T. Rowe Price
PsiQuantum
$1B
Palo Alto, CA-based developer of quantum computers
Matrix Partners and Infinity Ventures
Rainforest
$29M
Atlanta, GA-based embedded payment provider
Prysm Capital, Google’s AI Futures Fund, Amex Ventures, a16z, and Coatue
Replit
$250M
San Francisco, CA-based development environment
Sutter Hill Ventures and Overlap Holdings
Ridge Biotechnologies
$25M
Palo Alto, CA-based antibody conjugates developer
Mitsubishi Heavy Industries, alongside existing investors Equinor Ventures, Cooper and Company, and Energy Capital Ventures
Sapphire Technologies
$18M
Cyprus, CA-based power generation startup
General Catalyst and Amplify Partners
Spiral
$22M
New York, NY-based database startup
NEA, CVS Health Ventures, CapitalG, Echo Health Ventures, and Town Hall Ventures
Strive Health
$550M
Denver, CO-based kidney care startup