The Scherzer Deal Report: April 17-21, 2023
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
$384M
Continuation fund
$230M
Third transportation-focused VC fund
$100M
Debut fund
$300M+
Latest fund
$460M
Third flagship fund and first opportunities fund
$2.2B
Second dislocation fund
$790M
Fourth private equity co-investment fund
$17B
Fifth flagship fund
$1B+
Debut fund
$445M
Fourth fund
$215M
Fourth fund
$78M
Debut fund
$476M
Second biomedical VC fund
Private Equity Deals
7RIDGE
Undisclosed
Chicago, IL-based electronic exchange for direct lending and borrowing
Apollo Global Management
$500M
Boston, MA-based education tech company
Blue Sage Capital
Undisclosed
Malibu, CA-based provider of capital solutions to debt settlement companies
TPG, Amerisource Bergin One
$2.1B
Nashville, TN-based oncology practice network
TruArc Partners
Undisclosed
Riverside, CA-based formulator and manufacturer of beauty and personal care products
Gryphon Investors
Undisclosed
Venture Capital Deals
Walden Catalyst Ventures, Applied Ventures, Cambium Capital, Mesh Cooperative Ventures and insiders Intel Capital, Lockheed Martin Ventures
$30M
Albuquerque, NM-based maker of glass-ceramics radiofrequency components
Amplitude Ventures, Versant Ventures, venBio Partners, adMare BioInnovations, Viking Global Investors, Qiming Venture Partners USA, RTW Investments, AbCellera, Northview Ventures
$142M
Menlo Park, CA-based developer of radiopharmaceuticals for treating cancer
Munich Re Ventures
$15.6M
Mountain View, CA-based provider of commercial insurance industry software
Magnetar Capital, Nvidia, Nat Friedman, Daniel Gross
$221M
Roseland, NJ-based cloud computing platform
Deerfield Management, Optum Ventures, RA Capital, Echo Health Ventures, Longitude Capital, .406 Ventures, Questa Capital, Ajax Health, Aperture Venture Partners, the Autism Impact Fund
$75M
San Diego, CA-based autism care provider
Acrew Capital, U.S. Innovative Technology Fund, True Ventures, Amity Ventures
$45M
San Francisco, CA-based distributed database startup
Deerfield Management, Arsenal Capital Partners, Blue Ox Healthcare Partners, Domain Ventures, Labcorp
$24M
San Diego, CA-based diagnostics startup
BDT Capital Partners, Brown Advisors, RedBird Capital Partners, Tru Arrow Partners, Sound Ventures
$290M
Columbia, MO-based equipment and digital solutions provider to the construction market
SYN Ventures, Corner Ventures, Dell Technologies Capital
$44M
Austin, TX-based ransomware protection startup
Sapphire Ventures, JMI Equity, Forgepoint Capital
$60M
Ellicott City, MD-based managed security platforms for SMBs
Bitkraft Ventures, Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT
$18M
New York, NY-based martial arts sports league
NEA, Andreessen Horowitz, Bessemer Venture Partners, Caffeinated Capital, Onset Capital
$15M
Louisville, KY-based home-swapping network
Point72 Ventures, Citi Ventures, Khosla Ventures, Madrona Venture Group, Wilson Sonsini
$20M
Seattle, WA-based contract management and operations workflow platform
SoftBank, Prosperity7 Ventures, Tiger Global, Hillhouse, Sequoia China, Shangbay Capital, Uphonest Capital, Sunmed Capital, Lyfe Capital, 1955 Capital, AME Cloud Ventures
$150M
San Carlos, CA-based medical robotics developer
B Capital, GGV Capital, Tiger Global, Amex Ventures, KSV Global, FJ Labs
$53M
New York, NY-based provider of operations software for independent coffee shops and cafes
Prime Movers Lab, Future Ventures, Energy Impact Partners, Jazz Venture Partners, Playground Global
$20M
Palo Alto, CA-based robot cognition platform
Lightspeed Venture Partners, Felicis Ventures, Redpoint Ventures, Sequoia Capital
$53M
San Francisco, CA-based code security startup
Decibel
$25M
Seattle, WA-based provider of sci-fi, stealth ops game of hidden movement
Camber Partners
$20M
Norwalk, CT-based e-commerce sales tax compliance platform
L Catterton, Cobalt, Dragoneer, Kindred Ventures, THVC
$130M
San Francisco, CA-based connected weight training startup
Stepstone Group, Aleph, Third Point Ventures, Greycroft
$15M
New York, NY-based provider of corporate accounting software
Valor Equity Partners, NYDIG, Trammell Venture Partners, Ecliptic Capital, Highland Capital Partners
$60M
Austin, TX-based provider of financial services for Bitcoin holders