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
Advent International
$20B
Latest flagship fund
Alt Capital
$275M
Second fund
Point 41 Capital Partners
$400M
Debut fund
T.Rx Capital
$77.5M
Debut fund
Private Equity Deals
Vista Equity
Akuvo
Undisclosed amount
Malvern, PA-based provider of collections software
Percheron Capital
Enervise
Undisclosed amount
Cincinnati, OH-based commercial HVAC services company
I Squared Capital
Entek
Undisclosed amount
Lebanon, OR-based maker of battery separators
Blackstone
Hill Top Energy Center
Undisclosed amount
Greene County, PA-based 620-megawatt natural gas power plant
Onex Partners
Integrated Specialty Coverages
Undisclosed amount
Carlsbad, CA-based insurance data and distribution platform
Keensight Capital
Isto Biologics
Undisclosed amount
Hopkinton, MA-based maker of orthobiologic products
Lone View Capital
Jumpmind
Undisclosed amount
Westerville, OH-based provider of POS retail tech solutions
Centre Partners and Baldwin Creek Partners
Maynor
Undisclosed amount
Raleigh, NC-based provider of residential field services
Ara Partners
Microtec
Undisclosed amount
Naples, FL-based company turning waste glass into concrete materials
Sheridan Capital Partners
National Care Systems
Undisclosed amount
Brooklyn, NY-based provider of revenue cycle management software for skilled nursing and assisted living facilities
Thoma Bravo
Olo
Undisclosed amount
New York, NY-based restaurant SaaS provider
General Atlantic
Osea Malibu
Undisclosed amount
Malibu, CA-based skin care company
Platinum Equity
PlayPower
Undisclosed amount
Huntersville, NC-based maker of recreational and outdoor living systems
ParkerGale
RedZone Technologies
Undisclosed amount
Annapolis, MD-based IT service provider for highly regulated industries
GHO Capital
Scientist.com
Undisclosed amount
Solano Beach, CA-based life sciences R&D orchestration platform
GTCR
SimpliSafe
Undisclosed amount
Boston, MA-based residential security company
Arlington Capital Partners
Team Tech
Undisclosed amount
Morristown, TN-based contract manufacturer for health care
Riverspan Partners
United Titanium
Undisclosed amount
Wooster, OH-based maker of fasteners and precision components
Venture Capital Deals
John Marshall
Airia
$100M
Harrison, NY-based enterprise AI security and orchestration platform
Khosla Ventures, Bain Capital Ventures, and Picus Capital
Aleph
$29M
New York, NY-based provider of planning and analysis automation for finance teams
Versant Ventures and Westlake BioPartners
AllRock Bio
$50M
Natick, MA-based biotech focused on cardiopulmonary and fibrotic diseases
Oak HC/FT, Menlo Ventures, Craft Ventures, and Quiet Capital
Arch
$52M
White Plains, NY-based developer of a “Charles Schwab for private markets”
Canada Pension Plan Investment Board
Chestnut Carbon
$90M
New York, NY-based carbon removal startup
Scale Venture Partners, Nventures, CRV, Harmony Partners, Flex Capital, Engineering Capital, and Pelion Venture Partners
CodeRabbit
$60M
Walnut Creek, CA-based code review startup
Advance Venture Partners, Artis Ventures, Stride, and ACME
Conceivable Life Sciences
$50M
New York, NY-based developer of automated IVF labs
Rochefort Asset Management
Divergent Technologies
$290M
Torrance, CA-based manufacturing platform for military parts
Lightspeed, USV, Tusk Ventures, Mantis VC, Seven Stars, and Fei-Fei Li
Doctronic
$20M
New York, NY-based health guidance tech startup
Versant Ventures, Qiming Venture Partners, Eli Lilly, Chugai Venture Fund, and Alexandria Venture Investments
Dualitas Therapeutics
$65M
South San Francisco, CA-based developer of antibodies for immune and inflammatory diseases
Robostrategy, CRV, First Round Capital, Salesforce Ventures, NVentures, Amazon Industrial Innovation Fund, Samsung Next, and LG Technology Ventures
Dyna Robotics
$120M
Redwood City, CA-based developer of robots for commercial settings
Respida Capital
Entouch
$50M
Richardson, TX-based provider of energy management solutions for multisite operators
Fuse VC and Point72 Ventures
Envive A
$15M
Seattle, WA-based AI platform for retail brands
B Capital, March Capital, Point72 Ventures, FinTech Collective, and Commerce Ventures
Extend
$20M
New York, NY-based provider of spend management software to banks
Parkway Venture Capital, Brookfield Asset Management, Nvidia, Macquarie Capital, Intel Capital, Align Ventures, Tamarack Global, LG Technology Ventures, Salesforce, T-Mobile Ventures, and Qualcomm Ventures
Figure
$1B
San Francisco, CA-based maker of humanoid robots
Munich Re Ventures, Breakthrough Energy Ventures, and DCVC
Fourth Power
$20M
Cambridge, MA-based energy storage startup that uses thermal batteries
Insight Partners, Energize Capital, Craft Ventures, LiveOak Ventures, and Chicago Ventures
GreenLite
$49.5M
New York, NY-based construction permitting startup
Disruptive, BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners, Samsung, Cisco, D1, and Altimeter
Groq
$750M
Mountain View, CA-based AI chipmaker
Oak HC/FT, Optum Ventures, and Rubicon Founders
Imagine Pediatrics
$67M
Nashville, TN-based provider of virtual special needs care
Braidwell, Collective Global, Altitude Life Science Ventures, Alumni Ventures, ARK Venture Fund, Common Metal, Flagship Pioneering, General Catalyst, March Capital, Mathers Foundation, Modi Ventures, NGS Super, State of Michigan Retirement System, and Abu Dhabi Investment Authority
Lila Sciences
$235M
Cambridge, MA-based developer of AI tools for scientific discovery
Lightspeed, Adverb, Thrive Capital, and Google Ventures
Macroscope
$30M
Broomfield, CO-based understanding engine
Peak XV Partners, Salesforce Ventures, HSG, Coral Capital, Michael Seibel, YC, Altos Ventures, and Atinum Investment
MarqVision
$48M
Los Angeles, CA-based brand protection startup
Addition, Upfront Ventures, True Ventures, and Founders Fund
Modern Animal
$46M
Los Angeles, CA-based vet clinic network
Intel Capital, Geodesic Alliance Fund, and Oregon Venture Fund
Mueon
$15.5M
Portland, OR-based “data center in a box”
Mayfield, Benchmark, Uncork Capital, YC, and Mantis VC
Numeral
$35M
San Francisco, CA-based sales tax automation startup
Arch Venture Partners, Mubadala Capital, and Monograph Capital
Ollin Biosciences
$100M
Austin, TX-based ophthalmology biotech
Noa, Prologis Ventures, Johnson Controls, PSP Growth, Addition, NVentures, Keyframe, and Brookfield
PassiveLogic
$74M
Salt Lake City, UT-based building software and hardware developer