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
Broadwing
$440M
Debut fund
Crestline Management
$625M
Second Europe-focused PE fund
Floating Point
$125M
Third fund
Homestead Capital
$350M
Private credit fund
Makers Fund
$250M
Fourth fund
Reach Capital
$265M
Fifth fund
Private Equity Deals
Genstar Capital
Ascensus
Undisclosed amount
Dresher, PA-based retirement and savings account provider
Arctos Partners
Atlanta Falcons
$10.6B
Atlanta, GA-based NFL franchise
John To Go
Bravo Site Services
Undisclosed amount
Long Island, NY-based portable toilet and trailer rental provider
Albireo Energy
Bryant Hammett & Associates
Undisclosed amount
Ferriday, LA-based civil engineering, land surveying and hazard mitigation firm
Summit Restoration Group
Capital Construction Services and Capital Fire & Water
Undisclosed amount
Richmond, VA-based emergency response and rebuild groups
New Heritage Capital
Carepoint Pharmacy
Undisclosed amount
Schaumburg, IL-based access hub and dispensing pharmacy
Ode
Casper Studios
Undisclosed amount
San Francisco, CA-based AI services firm
Providence Equity Partners
CheckedUp
Undisclosed amount
New York City, NY-based patient education and engagement tech company
WSB
Civil Infrastructure Associates
Undisclosed amount
Murfreesboro, TN-based municipal engineering firm
River Associates Investments
Diamond Wipes
Undisclosed amount
Chino, CA-based wet wipe maker
The Crest Group
Dukane
Undisclosed amount
St. Charles, IL-based maker of ultrasonic solutions and plastic joining technologies
Guidant Power
Dyna Scan Technical Services
Undisclosed amount
Cincinnati, OH-based infrared inspection firm specializing in health-care facilities
Astara Capital Partners
Dynatec Systems
Undisclosed amount
Burlington, NJ-based maker of industrial wastewater treatment systems
Uplift Investors
Engage Fi
Undisclosed amount
Tampa, FL-based financial services tech consultant
Stone Point Capital
Ever.Ag
Undisclosed amount
Lewisville, TX-based agri-food tech company
Shur-Co
Heavy Motions
Undisclosed amount
Ontario, CA-based maker of hydraulic systems and motion products
Ardian
Horse Creek and Electra
Undisclosed amount
Weinert, TX-based & Oklaunion, TX-based wind farms
Turnspire Capital Partners
Hulcher Services
Undisclosed amount
Denton, TX-based provider of rail infrastructure, maintenance, and field services
Security Fire Solutions Platform
Industrial Electronic Systems
Undisclosed amount
Rancho Cordova, CA-based provider of fire alarm, security, and life safety solutions
Risepoint
Keypath Education
Undisclosed amount
Chicago, IL-based health-care education company
Long Ridge Equity Partners
MarketSphere
Undisclosed amount
Atlanta, GA-based provider of unclaimed property compliance solutions
Genstar Capital
Oncourse Home Solutions
Undisclosed amount
Naperville, IL-based provider of home infrastructure warranties
Agellus Capital
Phillips Fire & Life Safety
Undisclosed amount
Houston, TX-based fire and life safety services company
SEVA Growth
Serif Health
Undisclosed amount
San Francisco, CA-based provider of healthcare price transparency data
Certerra
Skyrise Engineering and Testing
Undisclosed amount
Fort Lauderdale, FL-based geotechnical and materials testing firm
Trinity Consultants
Verux
Undisclosed amount
Sacramento, CA-based environmental consultancy
Francisco Partners
Weave Communications
$650M
Lehi, UT-based patient engagement and payments platform
PSG
XBE
Undisclosed amount
Kansas City, MO-based “system of action” for heavy materials, logistics, and construction teams
Venture Capital Deals
New Leaf Venture Partners, abrdn, Bain Capital Life Sciences, Samsara BioCapital, Redmile Group, Mass General Brigham Ventures, RA Capital Management, Pontifax, Sanofi Ventures, Foresite Capital, NEA, Eurofarma Ventures, Kaitai Capital, Soleus Capital, Nancy Chang, Shang Bay, and Rock Springs Capital
Abcuro
$66M
Newton, MA-based biotech focused on autoimmune diseases and cancer
Prysm Capital, Eclipse, Greenoaks, and MVP Ventures
Also
$150M
Palo Alto, CA-based micromobility company
FCVC, YC, Telesoft Partners, Alumni Ventures, Robinhood Ventures, Nucleation Capital, Pelion VC, and Duke Capital Partners
Apollo Atomics
$31M
Cambridge, MA-based MIT spinoff building pressurized water reactors
General Catalyst
Cityblock
$116M
New York City, NY-based urban primary care provider
Jane Street, Kleiner Perkins, Sequoia, a16z, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum, and Blackstone
Etched
$700M
San Jose, CA-based builder of frontier inference clusters
Disruptive and Nvidia
Groq
$350M
Palo Alto, CA-based AI inference neocloud
DST Global, Tribe Capital, Goldman Sachs Alternatives, Smash Capital, Fifth Wall, Valor Capital, Intel Capital, Liberty Global Tech Ventures, Mirae Asset Capital, NTT Docomo Ventures, Accel, Menlo Ventures, AI Capital Partners, GFT Ventures, Capra Ventures, BAM Corner Point, and BroadLight Capital
Higgsfield
$400M
San Francisco, CA-based AI video generation startup
8VC, Townhall Ventures, aMoon Fund, Citi Impact Fund, Alumni Ventures, K2 HealthVentures, Autism Impact Fund, John Doerr, Richard Merkin, and the Leon Levine Foundation
Hopscotch Primary Care
$53M
Chicago, IL-based provider of primary care for rural communities
Eli Lilly, OrbiMed, Newpath Partners, Euclidean Capital, SV Health Investors’ Dementia Discovery Fund, Chugai Venture Fund, Alexandria Venture Investments, and PhiFund
Leal Therapeutics
$30M
Worcester, MA-based maker of neuro-metabolic therapeutics for CNS disorders
Eclipse Capital, Google, Salesforce Ventures, Galvanize, I Squared Capital, Woven Capital, Radical Ventures, Congruent Ventures, Costanoa Ventures, Activate Capital, ACME Capital, ArcTern Ventures, and Overlap Holdings
Muon Space
$250M
Mountain View, CA-based satellite startup
Sequoia Capital, American Strategic Technology Fund, Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, and Spark Capital
Neros Technologies
$250M
Torrance, CA-based drone manufacturer
Section 32, Thiel Bio, Founders Fund, Breyer Capital, Blue Venture Fund, and JSL Health Capital
Network Bio
$50M
Palo Alto, CA-based developer of disease-specific AI models
Ardenwood Ventures, CrimsonOx, UpHonest, Turbo, Llama Ventures, Neo, Fusion Fund, Defy, and Maynard Webb
Palona AI
$20M
Palo Alto, CA-based AI operating layer for physical businesses
Mercury Fund, Full In, CT Innovations, CP Overture, Charge Ventures, and Inspired Capital
Queen One
$25M
New York City, NY-based CRM
Rhapsody Venture Partners, Bell Ventures, and Faster Than Glass
Relativity Networks
$22M
Winter Park, FL-based developer of hollow-core fiber
O.G. Venture Partners, M Ventures, NFX, Vine Ventures, Qumra Capital, and TechAviv
Remepy
$36M
New York City, NY-based biotech whose lead candidate focuses on Parkinson’s disease
Archimed
Renata Medical
$25M
Newport Beach, CA-based maker of stents for pediatric congenital heart disease
Iconiq, a16z, and Sequoia Capital
Rillet
$100M
New York City, NY-based AI accounting startup
Battery Ventures, Bessemer Venture Partners, and CRV
Rundoo
$30M
Redwood City, CA-based provider of a system of record for independent supply stores
Costanoa Ventures, First In, Point72 Ventures, Geodesic Capital, Nomi Capital, Felicis, Sapphire Ventures, Scribble Ventures, Fortitude Ventures, Bloomberg Beta, and Palumni VC
Smack Technologies
$61M
Austin, TX-based provider of battlefield software
Bessemer Venture Partners, Tribeca Venture Partners, and Aramco Ventures
Twin1 AI
$20M
San Mateo, CA-based digital twin creation platform
a16z, HRT Ventures, Next Ladder Ventures, 8VC, and Bloomberg Beta
Vals AI
$40M
San Francisco, CA-based AI evaluator
Seligman Ventures, Capricorn Investment Group, Prosperity7 Ventures, Mayfield, Maverick Silicon, MARA, Premji Invest, Samsung Catalyst Fund, and StepStone Group
Velaura AI
$110M
Santa Clara, CA-based developer of ultra-low-power silicon and software solutions
Menlo Ventures, Acrew, Forerunner, Goodwater, Peak XV, Together Fund, Livvy Dunne, Shaun White, Dak Prescott, DK Metcalf, Plus Capital, Notable Capital, NEA, Neo Ventures, 8VC, and MVP Ventures
Wispr
$280M
San Francisco, CA-based voice dictation tool maker