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.
Sign up: Get private equity and venture capital deals delivered to your inbox every week!
Fundraising for PE & VC Funds
11 Tribes Ventures
Chicago, IL
$46M
Second fund
Crayhill Capital Management
$1.31B
Third flagship fund
Founders Fund
$4.3B
Third growth equity fund
Galaxy Ventures
$150M
Debut fund
Linden Capital Partners
$5.4B
Sixth, healthcare-focused buyout fund
Manulife Investment Management
$660M
Third PE fund
Morgan Stanley Investment Management
$2.3B
Third PE co-investment fund
Sprig Equity
$50M
Debut growth equity fund
Private Equity Deals
Stonepeak
Air Transport Services Group
Undisclosed amount
Wilmington, OH-based aircraft leasor and cargo transport company
TPG
Altus Power
$2.2B
Stamford, CT-based owner of commercial-scale solar in the US
Revelstoke Capital Partners
AOM Infusion
Undisclosed amount
Fort Worth, TX-based infusion provider focused on chronic therapy management
Bertram Capital
Applied Products
Undisclosed amount
Minnetonka, MN-based maker of adhesive solutions
Ember Infrastructure
Caban
Undisclosed amount
Plano, TX-based on-site power provider
Rotunda Capital Partners
Capital Machine Technologies
Undisclosed amount
Tampa, FL-based provider of provider of metal fabrication machinery
BayPine
CenExel
Undisclosed amount
Salt Lake City, UT-based clinical trials firm
Stonepeak
Dupré Logistics
Undisclosed amount
Lafayette, LA-based transportation and logistics company
Northleaf Capital Partners and Ares Management
GoldState Music
Undisclosed amount
New York, NY-based music rights investment platform
ArcLight Capital Partners
Kleen Power
Undisclosed amount
Middletown, CT-based natural gas-fired power plant for the New England market
Mill Point Capital
Koozie Group
Undisclosed amount
Clearwater, FL-based promotion products manufacturer
Ampersand Capital Partners
Lexington Medical
Undisclosed amount
Bedford, MA-based developer of minimally-invasive surgical stapling solutions
Patient Square Capital
Patterson Cos.
Undisclosed amount
St. Paul, MN-based dental and animal health products distributor
New Mountain Capital, Transformation Capital, Flare Capital Partners, Floodgate, Bessemer Venture Partners, and Refract Ventures
SmarterDx
Undisclosed amount
New York, NY-based revenue cycle management company
TZP Group
Superscapes
Undisclosed amount
Carrollton, TX-based commercial landscaper
Venture Capital Deals
First Round Capital, Chemistry, and Quiet Capital
Assort Health
$22M
San Francisco, CA-based provider of voice AI agents for health care
Deep Track Capital, Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science
Attovia Therapeutics
$90M
San Carlos, CA-based biotech focused on autoimmune diseases
StepStone Group, Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, and GSBackers
Auradine
$153M
Santa Clara, CA-based blockchain and AI infrastructure company
Stripes, XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures
Chapter
$75M
New York, NY-based Medicare navigation company
Lux Capital, Altman Capital, Haystack Ventures, Sunflower Capital, Humba Ventures, Also Capital, Forward Deployed VC, and Abstract Ventures
ConductorAI
$15M
Biddeford, ME-based provider of government approvals software
Lowercarbon Capital, Liberty Mutual Strategic Ventures, MassMutual Ventures, OMERS Ventures, Acrew Capital, Giant Ventures, a16z, Ardent Venture Partners, CIV, New System Ventures, and The Three Cairns Group
Crux Climate
$50M
New York, NY-based provider of financing software for clean energy companies
Theory Ventures
Doss
$18M
San Francisco, CA-based ERP and data platform
Khosla Ventures, Mayfield, and Thomvest Ventures
Exaforce
$75M
San Jose, CA-based agentic security ops startup
Airbus Ventures
Fourier
$18.5M
Menlo Park, CA-based hydrogen producer
CTI Life Sciences Fund, abrdn, Advent Life Sciences, Novo Holdings, Sanofi Ventures, Abingworth, RiverVest Venture Partners, Sanderling Ventures, Chiesi Ventures, Remiges Ventures, and Asahi Kasei Ventures
Glycomine
$115M
San Carlos, CA-based biotech focused on orphan diseases
Menlo Ventures, Lightspeed, B Capital, and Anthrolpic
Goodfire
$50M
San Francisco, CA-based AI interpretability research company
Altimeter Capital and ARK Invest
Hammerspace
$100M
San Mateo, CA-based data platform for AIHealth
Quest Capital, Bon Secours Mercy Health, UCHealth, OSF Ventures, and LRVHealth
Hellocare
$47M
Clearwater, FL-based virtual care platform
Comvest Partners, Barings, and RedBird Capital Partners
iCreditWorks
$60M
Iselin, NJ-based point-of-sale lending startup
Sixth Street Growth, Bank of America, Morgan Stanley, UBS, and TD Bank Group
Luma
$63M
Cincinnati, OH-based provider of structured products and insurance solutions
General Catalyst, Amazon’s Climate Pledge Fund, and Temasek
Mainspring Energy
$258M
Menlo Park, CA-based maker of linear generators
Thrive Capital
Revel Systems
$23M
San Francisco, CA-based software platform for hardware development
Align Ventures and Booz Allen Ventures
Scout AI
$15M
Sunnyvale, CA-based AI maker for defense applications
PeakSpan Capital
Tapcheck
$25M
Los Angeles, CA-based earned wage access company
Walden Catalyst Ventures and Lightspeed Venture Partner
Virtue AI
$30M
San Francisco, CA-based AI security platform