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
Decarbonization Partners
$1.4B
Debut fund
Eniac Ventures
$220M
Sixth seed fund ($160M) and a new select fund ($60M)
GEF Capital Partners
$325M
Second fund
Mercer
$3.9B
Seventh private markets fund
Norwest Venture Partners
$3B
17th fund
Vestar Capital Partners
$1.2B
Single-asset continuation fund
Private Equity Deals
GTCR
AssetMark
Undisclosed amount
Concord, CA-based wealth management technology platform for financial advisors
Gamut Capital Management
DEX Imaging
Undisclosed amount
Tampa, FL-based provider of managed print services
Apax Digital
IANS
Undisclosed amount
Boston, MA-based provider of research and advisory services for the infosec market.
Arcline Investment Management
Kaman
Undisclosed amount
Bloomfield, CT-based aerospace and defense firm
Serent Capital
Medical Informatics Engineering
Undisclosed amount
Fort Wayne, IN-based developer of EHR and health IT software
Shoreline Equity Partners
Prime Meats
Undisclosed amount
Jacksonville, FL-based protein processor and distributor.
Granite Creek Capital Partners and Boathouse Capital
The District Communications Group
Undisclosed amount
Washington, DC-based provider of market research and communications services to federal government clients.
Century Park Capital Partners
Total Access Elevator
Undisclosed amount
Santa Fe Springs, CA-based commercial elevator modernization, maintenance, and repair services
Blackstone
Tropical Smoothie Café
Undisclosed amount
Atlanta, GA-based restaurant chain
Apollo Global Management
US Silica
Undisclosed amount
Katy, TX-based frack-sand provider.
The Stephens Group
VisionSafe
Undisclosed amount
Kaneohe, HI-based provider aircraft cockpit smoke displacement systems
Incline Equity Partners
VMG Health
Undisclosed amount
Dallas, TX-based compliance, strategy and advisory firm
Arch Venture Partners, Foresite Capital, F-Prime, NEA, Sequoia Capital, Lux Capital, Lightspeed Venture Partners, Menlo Ventures, Two Sigma Ventures, the Parker Institute for Cancer Immunotherapy, Byers Capital, Rsquared, and SV Angel
Xaira Therapeutics
Undisclosed amount
San Francisco, CA-based AI drug discovery startup
Venture Capital Deals
City of Hope
AccessHope
$33M
Duarte, CA-based cancer care startup
Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, and Meritech Capital
Augment
$252M
Palo Alto, CA-based AI coding assistance startup
Agent Capital, Bioluminescence Ventures, and Double Point Ventures
Cerevance
$47M
Boston, MA-based developer of Parkinson’s disease therapies
Ibex Investors
Chemix
$20M
Sunnyvale, CA-based AI EV battery startup
AyurMaya, Fidelity, Invus, SymBiosis Capital Management, Velocity Capital, and Woodline Partners
Endeavor BioMedicines
$132.5M
San Diego, CA-based biotech focused on fibrosis
a16z, Atomic, and Sam Altman
Exowatt
$20M
Miami, FL-based modular energy platform for data centers
Bessemer Venture Partners
Givebutter
$50M
Austin, TX-based nonprofit fundraising and CRM platform
Vensana Capital, Treo Ventures, and Hatteras Venture Partners
iVEAcare
$27.5M
Minneapolis, MN-based developer of neuromodulation devices
Deerfield Management, Endeavor Health, Kleiner Perkins, Sandbox Industries, BlueCross BlueShield Venture Partners, and JD
Linx Lumeris
$100M
St. Louis, MO-based value-based care enabler.
Emerson Collective and GV
Midi Health
$60M
Menlo Park, CA-based virtual menopause care provider.
Polychain Capital, Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs
Movement Labs
$38M
San Francisco, CA-based Layer 2 blockchain development firm
Lachy Groom and Tola Capital
Nooks
$15M
Oakton, VA-based prospecting platform for outbound sales team
Catalio Capital Management, The Production Board, Mountain Group Partners, Byers Capital, and Mayo Clinic
PinkDx
$40M
Daly City, CA-based women’s health startup initially focused on diagnosing gynecological cancer.
Vy Capital, Founders Fund, A* Capital, and Afore Capital
Pomelo
$35M
San Francisco, CA-based international money transfer startup
Coatue, Dragoneer, Founders Fund, and Greenoaks
Rippling
$200M
San Francisco, CA-based employee onboarding company
Khosla Ventures, Ahern Innovation Capital, Hevolution, R42, Modi Ventures, Cerigo Investments, Shanda Group, Refactor Capital, LongeVC, and Italian Angels for Growth
Rubedo Life Sciences
$40M
Sunnyvale, CA-based developer of therapies targeting senescent cells that cause chronic atopic dermatitis and chronic psoriasis.
Index Ventures, Decibel Partners, and Slow Ventures
Sublime Security
$20M
Washington, DC-based email security platform
General Atlantic, StepStone Group, and D.E. Shaw
ThreatLocker
$115M
Orlando, FL-based endpoint security company
Lightspeed Faction, Galaxy Ventures, Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures
Turnkey
$15M
New York, NY-based provider of wallet infrastructure for crypto developers
KarpReilly, The Family Fund, Grey Space Group, Jack Harlow and Machine Gun Kelly
Wilde Brands
$20M
Nashville, TN-based maker of snack chips from chicken breasts
