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

$1.5B
Private credit fund
 
$12.6B
11th flagship private equity fund
 
$981M
Seventh flagship VC fund ($549M) and fourth growth fund ($432M)
 
$180M
Fifth fund
 
$850M
Second fund

Private Equity Deals

New Mountain Capital, FFL Partners, WestView Capital Partners
Undisclosed
Andover, MA-based specialty staffing firm
 
Argosy Private Equity
Undisclosed
Grand Rapids, MI-based original equipment supplier to mirror head manufacturers
 
Great Hill Partners
Undisclosed
Chicago, IL-based provider of IT risk and incident management software
 
Red Arts Capital
Undisclosed
Elwood, IL-based provider of warehousing and rail transloading services
 
Bertram Capital
Undisclosed
Buffalo, NY-based provider and installer of residential vinyl fencing and decking
 
Berkshire Partners
Undisclosed
Houston, TX-based provider of onsite first aid, fire, and life safety services
 
General Atlantic
Undisclosed
Concord, MA-based provider of event management software and payment solutions for the hospitality industry
 
L Catterton
Undisclosed
Colorado Springs, CO-based restaurant concept

Venture Capital Deals

Lowercarbon Capital, Founders Fund, Toyota Ventures
$40M
Seattle, WA-based nuclear fusion startup
 
Polychain Capital, Hack VC, Shima Capital, Robot Ventures, Goldentree Asset Management
$42M
Cosmos, MN-based decentralized finance-focused layer one blockchain
 
Morgan Stanley’s Next Level Fund, HubSpot, Pier 70 Ventures, Verizon Ventures, GSW Ventures, Backstage Capital, Wocstar Fund, Salesforce Ventures
$25M
Los Angeles, CA-based provider of an SMS engagement platform
 
Kinnevik, Henry Kravis, FPV, True Ventures, Dimension, Wireframe
$51M
Boulder, CO-based drug discovery startup that leverages plant chemistry
 
ArixBioscience, EQT Life Sciences, SymBiosis, Amplitude Ventures, Pivotal bioVenture Partners, Andera Partners
$50M
Palo Alto, CA-based biotech focused on inflammatory diseases
 
Mark Cuban, Paris Hilton, Tim Connors, Zeke Bronfman, Evan Abraham, Redbeard Ventures, David DeVoe
$25M
San Francisco, CA-based interactive entertainment app
 
Foresite Capital, Civilization Ventures, Bluebird Ventures, Pear Ventures, Agent Capital, Stanford University, The University of Colorado Healthcare Innovation Fund
$59M
Aurora, a CO-based developer of cancer detection tests
 
Statkraft Ventures, Blue Bear Capital, Hartree Partners, OTB Ventures, Freeflow Ventures, Cultivation Capital, Techstars, Santa Barbara Venture Partners, Expon Capital, Hemisphere Ventures
$20M
Washington, DC-based developer of Earth observation satellites
 
Turning Rock Partners, Micota Capital, OY6 Capital
$108M
Charlotte, NC-based medical equipment manufacturer
 
TPG Rise Climate, Hanover Technology Investment Management, Energy Transition Ventures, Fenice Investment Group
$250M
Incline Village, NV-based green hydrogen company
 
Arch Venture Partners, Andreessen Horowitz, Newpath Partners, Abu Dhabi Growth Fund, Redmile Group, Exor, Invus, Moore Strategic Ventures, iGlobe Platinum Fund Group, Casdin Capital, Agent Capital, Alexandria Venture Investments, Rellim Capital Management, Heritage Medical Systems
$270M
Cambridge, MA-based developer of RNA medicines
 
Illumina Ventures, Omnimed Capital, AMR Action Fund, Daleshaw Ltd.
$28.7M
Austin, TX-based provider of rapid diagnosis and antibiotic susceptibility testing for bacterial infections
 
Andreessen Horowitz, Iconiq Growth, Menlo Ventures, Wing VC
$100M
San Mateo, CA-based vector database company
 
Andreessen Horowitz, Khosla Ventures, Coatue
$97.4M
San Francisco, CA-based online integrated development environment
 
Wellington Management, Qualcomm Ventures, Congruent Ventures, Capricorn Investment Group, Munich Re Ventures, Fifth Wall, A/O PropTech, Qualcomm Ventures, Amazon’s Alexa Fund
$96M
San Francisco, CA-based home electrification startup
 
Inovia Capital, Harley Finkelstein, Deb Liu, Allen Shim, Josh Proctor, Chris Best, Neha Narkhede, Mike Lee, Hyphen Capital, EDC, Plaza Ventures
$60M
San Francisco, CA-based commerce savings app
 
Dementia Discovery Fund, MRL Ventures, Sanofi Ventures, SV Health Investors, Eli Lilly, Alzheimer’s Drug Discovery Foundation, Dolby Family Ventures, the Foundation for a Better World
$39M
South San Francisco, CA-based developer of therapies to treat inflammatory neurodegenerative and retinal disease
 
Polychain Capital, Hyperchain Capital, Magnus Capital
$17M
Williamsburg, VA-based DeFi trading startup
 
BlackRock, Space Capital
$100M
Berthoud, CO-based rocket engine maker
 
Safar Partners, Yamaha Motor Ventures
$29M
Cambridge, MA-based provider of robotic awareness systems