The Scherzer Deal Report: September 18-22, 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.

Manage your Scherzer International subscription(s).

Fundraising for PE & VC Funds

Blockchain Capital
$580M
Sixth early-stage fund and first opportunity fund

Blue Sea Capital
$618M
Third fund

Global Frontier Technology Ventures
$140M
Debut fund

Goldman Sachs
$14.2B
Vintage IX secondaries fund

Humble Growth
$312M
Debut fund

Lowercarbon Capital
$550M
Two funds: one pre-seed and seed-stage deals and an opportunities fund

Private Equity Deals

Carlyle
Captrust
Undisclosed amount
Raleigh, NC-based investment research and advisory firm

Gemspring
ClearCompany
Undisclosed amount
Boston, MA-based provider of human capital management software

Lindsay Goldberg
Kleinfelder
Undisclosed amount
San Diego, CA-based engineering and construction management firm.

Aria Growth Partners, Valor Equity, Invest Eco, Touch Capital
LesserEvil
Undisclosed amount
Danbury, CT-based maker of organic popcorn and salty snacks

Lovell Minnick Partners
Net at Work
Undisclosed amount
New York, NY-based provider of IT solutions to SMBs

A&M Capital Partners
VTG
Undisclosed amount
Chantilly, VA-based provider of digital transformation solutions to the defense and intelligence communities

Venture Capital Deals

Arch Venture Partners
AIRNA
$30M
Norwood, MA-based developer of RNA editing therapeutics

Veeam
Alcion
$21M
Santa Clara, CA-based data management startup

A16z crypto, Laser Digital Ventures, Not Boring Capital, Robot Ventures and Alchemy Ventures
Bastion
$25M
New York, NY-based web3 infrastructure startup

Georgian, Entrée Capital, NFX
Darrow
$35M
New York, NY-based data engine for class action litigation

Canaan Partners, True Ventures, DNX Ventures, Next Coast Venture, Northwestern Medicine Innovation
Diligent Robotics
$25M
Austin, TX-based developer of robotic automation for healthcare

WestCap
Dragos
$74M
Hanover, MD-based cybersecurity startup focused on industrial controls

Florida Funders, Home Depot Ventures, MS&AD Ventures, Company on Ventures
Flex
$20M
Miami, FL-based credit and finance management startup

HealthQuest Capital, Flare Capital Partners, McKesson Ventures
Inbound Health
$30M
Minneapolis, MN-based provider at-home skilled nursing solutions

Redpoint Ventures, Benchmark, NewView Capital, WiL, Menlo Ventures
Levelpath
$30M
San Francisco, CA-based procurement startup

Newpath Partners, Arch Venture Partners
Magnet Biomedicine
$50M
Cambridge, MA-based biotech focused on molecular glues

SoftBank
Mapbox
$280M
Washington, DC-based location data platform

Money Forward, Galaxy, Samsung Next, Streamlined Ventures, SNR.VC, Hike VC, Heitner Group, Arash Ferdowsi, Valon Capital, Matt Ocko, Florida Funders, Altair Capital, Network VC, Gokul Rajaram
Mesh
$22M
New York, NY-based fintech OS focused on digital asset transfers and account aggregation

Felicis, Andreessen Horowitz, Madrona, Amplify Partners, Altimeter, Redpoint Ventures, Zero Prime
MotherDuck
$52.5M
Seattle, WA-based data analytics platform

Solasta Ventures, Bioluminescence Ventures, OrbiMed Advisors, AyurMaya, Leaps by Bayer, Vida Ventures, MPM Capital, Pfizer Ventures, EcoR1 Capital, Sanofi Ventures, Amgen Ventures, Osage University Partners
ReCode Therapeutics
$50M
Menlo Park, CA-based genetic medicines developer

Altimeter Capital, Andreessen Horowitz, Zetta Venture Partners
Tabular
$26M
San Jose, CA-based data automation platform

Edison Partners, LiveOak Venture Partners, SJF Ventures
Take Command
$25M
Dallas, TX-based provider of employee health benefits SaaS

Arboretum Ventures, InVivium Capital, Bluestem Capital, Endeavour Vision, Baird Capital, Cultivate(MD) Capital Funds, PrairieGold Venture Partners
Virtual Incision
$30M
Lincoln, NE-based developer of miniaturized robots for laparoscopic surgery

Mercato Partners, Health Catalyst, Intermountain Ventures, SemperVirens, 7wireVentures, Human Capital, Distributed Ventures
Vivante Health
$31M
Houston, TX-based digital medicine startup focused on gut health

Iconiq, WndrCo, Balderton Capital, Insight Partners, Aspect Ventures
Writer
$100M
San Francisco, CA-based generative AI platform for enterprises

Nava Ventures, XYZ Ventures, Bloomberg Beta, Mango Capital, Essence VC
Yurts
$16M
San Francisco, CA-based generative AI startup focused on enterprise knowledge management.

September 27th, 2023|Scherzer Deal Report|

The Scherzer Deal Report: September 11-15, 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.

Manage your Scherzer International subscription(s).

Fundraising for PE & VC Funds

TA Associates, Insight Partners, OA Private Capital
Advantive
Undisclosed amount
Tampa, FL-based provider of software for specialty manufacturing and distribution businesses

Arax Investment Partners
Ashton Thomas
Undisclosed amount
Scottsdale, AZ-based financial advisory

Bregal Sagemount
Bradford Airport Logistics
Undisclosed amount
Houston, TX-based provider of logistics services to airports and other transportation

Comvest Partners
ClearOne Advantage
Undisclosed amount
Baltimore, MD-based debt resolution services provider

TPG Growth
Denodo
$336M
Palo Alto, CA-based provider of data virtualization solutions

Cimarron Healthcare Capital
Forward Health
Undisclosed amount
Owings Mills, MD-based provider of solutions for patients with obstructive sleep apnea

GTCR
Foundation Source
Undisclosed amount
Fairfield, CT-based provider of foundation management services

General Atlantic
GoodVets
Undisclosed amount
Chicago, IL-based veterinary care platform

CenterOak Partners
Guardian Access Solutions
Undisclosed amount
Nashville, TN-based provider of maintenance, repair, and installation services for exterior access control equipment

Clearlake, Charlesbank Capital Partners and Fortress
Learfield
Undisclosed amount
Plano, TX-based college sports marketing and content firm

North Branch Capital
Starc Systems
Undisclosed amount
Brunswick, ME-based provider of temporary containment solutions for occupied renovations

Kimmeridge
US Light Energy
$15M
Latham, NY-based distributed generation solar developer

PSG
Versatile Credit
Undisclosed amount
Mechanicsburg, PA-based provider of points-of-sale loan facilitation software

GCM Grosvenor
Vesper Energy
Undisclosed amount
Irving, TX-based operator of utility-scale renewable energy assets

Private Equity Deals

Avalon BioVentures, Catalys Pacific, MPM BioImpact, Johnson & Johnson Innovation, Alexandria Venture Investments
Arialys Therapeutics
$58M
La Jolla, CA-based developer of therapies for autoimmune neuropsychiatry

Georgian
Beam Benefits
$40M
Columbus, OH-based medical benefits company

Rethink Impact, Samsung Next, Andreessen Horowitz, Khosla Ventures, GingerBread Capital, Primetime Partners
Bold
$17M
Los Angeles, CA-based provider of virtual exercise programs for Medicare Advantage members

Arthur Ventures
CertifID
$20M
Austin, TX-based startup that products against wire fraud in real estate transactions

UOB Venture Management, UniPresident, Aozora Bank, Vietnam Investments Group, Development Bank of Japan, Gradient Ventures, Monk’s Hill Ventures, Global Ventures
ELSA
$22.5M
Los Gatos, CA-based English language learning platform

Atreides Management, Sutter Hill Ventures, Nvidia, IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners, Alumni Ventures
Enfabrica
$125M
Mountain View, CA-based AI chip startup

Seismic Capital
Evolectric
$15M
Long Beach, CA-based EV tech company

Celesta, Cambium Capital, Alpha Intelligence Capital
Exostellar
$15M
Ithaca, NY-based cloud spend optimization platform

Prime Movers Lab, Stellantis, FedEx, Honeywell, The Walbridge Group
Lyten
$200M
San Jose, CA-based developer of a new form of graphene for battery manufacturing

Waed Ventures, Bold Capital, Kholsa Ventures
Mighty Buildings
$52M
Oakland, CA-based maker of 3D-printed homes

Touring Capital, Grupo Carso, General Atlantic, Celesta Capital, Chiratae Ventures
Pixis
$85M
San Francisco, CA-based marketing platform

Galvanize Climate Solutions, Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures, JetBlue Ventures, Fintop Capital, Builders VC, Sompo Holdings
Pulsora
$20M
San Francisco, CA-based ESG and carbon software startup

Cencora Ventures, Echo Health Ventures, Blue Venture Fund, UPMC Enterprises, Industry Ventures
Sempre Health
$20M
San Francisco, CA-based provider of health care pricing tools

KCK MedTech
Sonex Health
$40M
Eagan, MN-based maker of ultrasound-guided orthopedic therapies

Playtech
The Sporting News
$15M
Charlotte, NC-based sports media and sports publisher

WestCap, Cowles Co., Fortson VC, Voyager Capital, Kick-Start Seed Fund, WTB Financial Corp.
Treasury4
$20M
Spokane, WA-based treasury analytics platform

Vista Credit Partners
VideoAmp
$150M
Los Angeles, CA-based media measurement firm