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.
Fundraising for PE & VC Funds
Grafine Partners
$600M
Debut PE fund-of-funds
Hunter Point Capital
$3.3B
Debut fund
Matter Partners
$300M
Debut fund
Percheron Capital
$1.55B
Second fund
Super{set}
$90M
Second fund
Private Equity Deals
NEA, Deep Track Capital, Sofinnova Investments, Sands Capital, INCE Capital, TF Capital, Delos Capital, and Quan Capital
Avenzo Therapeutics
$150M
San Diego, CA-based cancer drug developer
Susquehanna and WestCap
Blueground
$45M
New York, NY-based furnished monthly rental property company
Section 32, Kennedy Lewis, Time BioVentures, Redwood Pacific and insiders ACME, Mousse Partners, and Triventures
Brightside Health
$33M
San Francisco, CA-based telemental health provider
USIT, AMD Ventures, Koch Disruptive Technologies, Temasek, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche, Engine Ventures, M-Ventures, and Tyche Partners
Celestial AI
$175M
Santa Clara, CA-based developer of optical interconnect solutions
Point72 Ventures, W.R. Berkley Corporation, Eos Venture Partners, Guidewire Software, and Rev1 Ventures
Champ Titles
$18M
Cleveland, OH-based vehicle title and registration platform
Entrée Capital and IN Venture
Confetti
$16M
New York, NY-based team-building platform
Andreessen Horowitz, Polygon Labs, StarkWare, Taiko, and Offchain Labs
Espresso Systems
$28M
Menlo Park, CA-based “shared sequencing” blockchain startup
Engine Ventures, 3M Ventures, and NextEra Energy
Evoloh
$20M
Santa Clara, CA-based maker of electrolyzers for hydrogen production
Bessemer Venture Partners, 8VC, and Elad Gil
Fieldguide
$30M
San Francisco, CA-based developer of AI-enabled tools for accountants
Energy Impact Partners
Finite State
$20M
Columbus, OH-based provider of software supply chain security solutions
Benchmark, Sequoia Capital, Databricks Ventures, and Frank Slootman
Fireworks.ai
$25M
Redwood City, CA-based production AI platform
Key1 Capital, Euclidean Capital, Hamilton Lane, Blumberg Capital, and Team8
FundGuard
$100M
New York, NY-based investment accounting platform
Bain Capital Ventures, Tribeca Venture Partners, Dundee VC, Expa and Bling Capital
Gather AI
$17M
Pittsburgh, PA-based provider of drone-powered warehouse inventory monitoring
EQT Ventures, Union Square Ventures, Nat Friedman & Daniel Gross, Metaplanet, Northwell Holdings, Comcast Ventures, and LG Technology Ventures
Hume AI
$50M
New York, NY-based developer of AI that understands human emotion
General Catalyst, .406 Ventures, Valtruis, Mass General Brigham Ventures, and Hopelab Foundation
InStride Health
$30M
Boston, MA-based provider of pediatric treatments for anxiety and OCD
Greenbacker Capital
Lightshift
$100M
Arlington, VA-based developer of utility-scale energy storage solutions
Allegis Capital, Nationwide Ventures, Northwestern Mutual Future Ventures, Plug and Play Ventures, and Motley Fool Ventures
NewRetirement
$20M
Mill Valley, CA-based financial planning startup
Index Ventures, Maverick Ventures, TCV, YC, Thrive Capital, and BoxGroup
Nourish
$35M
New York, NY-based telenutrition startup
Sutter Hill Ventures, Snowflake, Capital One Ventures, and Madrona
Observe
$125M
San Mateo, CA-based SaaS observability startup focused on machine-generated data.
Atomico, Kinnevik, Octopus Ventures, YC, Eight Roads, and GreyMatter Capital
Pelago
$58M
New York, NY-based virtual substance abuse treatment startup
Canvas Ventures and Plural
PipeDreams
$25.5M
San Francisco, CA-based home services provider
Spark Capital, Insight Partners, Air Street Capital, AIX Ventures, Convergent Ventures, and Google chief scientist Jeff Dean
Profluent
$35M
Berkeley, CA-based protein design startup
Khosla Ventures
Skyflow
$30M
Palo Alto, CA-based data privacy vault
Paradigm, Robot Ventures, and Standard Crypto
Succinct
$43M
San Francisco, CA-based developer of zero-knowledge proof tools
Bessemer Venture Partners, The General Partnership, XYZ Ventures, and Pallas Ventures
TurbineOne
$15M
San Francisco, CA-based provider of government machine learning solutions
USV and Battery Ventures
Viam
$45M
New York, NY-based robotics startup
Index Ventures
Vizcom
$20M
San Francisco, CA-based industrial design startup
Sequoia Capital, Cyberstarts, Cerca Partners, and Penny Jar
Zafran
$30M
New York, NY-based security risk and mitigation startup
Viola Fintech, Intuit Ventures, Framework Venture Partners, and Export Development Canada
ZayZoon
$15M
Phoenix, AZ-based earned wage access provider for SMBs
Venture Capital Deals
Riverwood Capital, Silver Lake Waterman, and Advent International
BigID
$60M
New York, NY-based data security company
B Capital and USVP
Carlsmed
$52.5M
Carlsbad, CA-based developer of personalized spine surgery tech
F-Prime Capital, Forbion, Norwest Venture Partners, RiverVest Venture Partners, Red Tree Venture Capital, Abrdn, Ysios Capital, Longwood Fund, Eight Roads Ventures, and Pivotal Life Sciences
Engrail Therapeutics
$157M
San Diego, CA-based precision neuroscience startup
Jump Crypto, Pantera Capital, and Lightspeed Faction
Figure Markets
$60M
San Francisco, CA-based decentralized crypto exchange
Pritzker Group VC, Tribeca Venture Partners, Bessemer Venture Partners, Interplay Venture Capital, FJ Labs, HPA, Bridge Ventures, Correlation Ventures, Forefront Venture Partners, and Gaingels
Fuel Me
$18M
Chicago, IL-based fuel procurement platform
Premji Invest, General Catalyst, SV Angel, Memorial Hermann Health System, a16z, Cincinnati Children’s, WellSpan Health, and Universal Health Services
Hippocratic AI
$53M
Palo Alto, CA-based developer of an LLM for health care
Bain Capital Ventures, Khosla Ventures, First Round Capital, Box Group, Collaborative Fund, Quiet Capital, and Todd & Rahul’s Angel Fund
Loyal
$45M
San Francisco, CA-based developer of longevity drugs for dogs
Arch Venture Partners, OrbiMed, Fairmount, Fidelity, Point72, Farallon Capital Management, Boxer Capital, TCGX, Invus, Logos Capital, Moore Strategic Ventures, Blue Owl, Sanofi Ventures, Woodline Partners, Venrock, RTW Investments, and Alexandria Venture Investments
Mirador Therapeutics
$400M+
San Diego, CA-based developer of precision medicines for inflammatory and fibrotic diseases
Revolution Growth, Proof, Sentinel Global, Playground Global, Prologis Ventures, Bow Capital, Telstra Ventures, AME Cloud Ventures, and Schematic Ventures
Pandion
$41.5M
San Francisco, CA-based residential parcel delivery startup.
NEA, GV, Accel, Bain Capital Ventures, Forerunner, Alpine and Harmony, and Watar Partners
Wonder
$700M
New York, NY-based food delivery platform