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
Apogem Capital
$597M
11th fund
Frazier Life Sciences
$1.1B
Public biotechs focused fund
PennantPark Investment Advisers
$745M
Private credit CV
Peterson Partners
$510M
Single-asset VC for Kelso Industries
Pinegrove Venture Partners
$1.5B
12th fund
Rohati Capital
$50M
Debut fund
TrueBridge Capital Partners
$508M
Second VC secondaries fund
Volition Capital
$950M
Sixth fund
Private Equity Deals
Eir Partners
Accumulus Technologies
Undisclosed amount
San Francisco, CA-based provider of life sciences regulatory SaaS
Precera Medical
Additive Metal Services
Undisclosed amount
Port Huron, MI-based provider of metal injection molding and sinter-based additive manufacturing
Bregal Sagemount
A-Rent Test Equipment
Undisclosed amount
Chicago, IL-based provider of electrical test equipment rentals, calibration, and asset management services
Sverica
Atrium
Undisclosed amount
Bozeman, MT-based consulting and data transformation firm focused on Salesforce and Snowflake
American Equipment Solutions
BC Wire Rope & Rigging
Undisclosed amount
Anaheim, CA-based full service provider of wire rope, slings, chain, hoists, and rigging equipment
H.I.G. Capital
Click Here Digital
Undisclosed amount
Baton Rouge, LA-based digital marketing agency
Pavion
Communication Company
Undisclosed amount
South Bend, IN-based technology solutions provider
Apollo
Cumberland Farms
$500M
Westborough, MA-based convenience store chain
Homewerks
GTR Technologies
Undisclosed amount
Seattle, WA-based maker of ventilation fans and other home improvement products
New Water Capital
LidWorks
Undisclosed amount
Plant City, FL-based maker of food and beverage lids
The State Group
Mel-Kay Electric
Undisclosed amount
Evansville, IN-based mechanical, electrical and plumbing contractor
One Equity Partners
Metro East Industries
Undisclosed amount
Alorton, IL-based provider of train maintenance and repair services
Apax Partners
NextGen Security
Undisclosed amount
Exton, PA-based provider of security systems integration services
Vion Biosciences
Prolytix
Undisclosed amount
Essex Junction, VT-based provider of bioanalytical lab services
PSG
Real Estate Business Analytics
Undisclosed amount
Littleton, CO-based provider of multifamily housing industry data
CBTS
Recovery Point Systems
Undisclosed amount
Gaithersburg, MD-based provider of disaster recovery and cyber resiliency solutions for enterprise IT
Chimney Rock Equity Partners
Russell Equipment
Undisclosed amount
Twinsburg, OH-based provider of off-lease aftermarket material handling equipment and parts
Point 41 Capital Partners
Safe-Way Garage Doors
Undisclosed amount
Warsaw, IN-based overhead garage door manufacturer and distributor
Watkins
Sauer Brands
Undisclosed amount
Richmond, VA-based spice business
Macquarie Asset Management
SI Solutions
Undisclosed amount
Huntersville, NC-based provider of structural integrity engineering and testing for critical infrastructure
MKB
Siltworm
Undisclosed amount
Merrillville, IN-based maker of erosion and sediment control products
Dollar Shave Club
Truly Beauty
Undisclosed amount
Los Angeles, CA-based Gen Z-focused body care company
Belle Brands
Vegamour
Undisclosed amount
Los Angeles, CA-based hair longevity brand
FFL Partners
Waylin Partners
Undisclosed amount
Chicago, IL-based Office of CFO advisory firm
Venture Capital Deals
Greylock, A*, Category Ventures, BoxGroup, and Icehouse Ventures
Antioch
$32M
New York City, NY-based simulation platform for physical AI
Acadia Investment Partners
ARC
$60M
Philadelphia, PA-based enterprise device management platform for frontline retail workers
JMI Equity, TCV, Entrée Capital, Bessemer Venture Partners, CRV, and Alven
Archy
$50M
San Jose, CA-based provider of practice-management software to dental offices
Alchip, AMD, Intel, MediaTek, and Nvidia
Ayar Labs
$150M
San Jose, CA-based developer of co-packaged optics
Fin Capital, SMBC, Hannah Grey VC, National Bank of Canada, YC, Penny Jar Capital, Cardumen Capital, and Treasury
Blee
$27M
New York City, NY-based provider of marketing compliance software
Silverton Partners
Bluecore Energy
$50M
Long Beach, CA-based developer of small nuclear reactors on barges that could power ports
Undisclosed private family fund and foundation, WRF Capital, and Seattle Children’s
BrainChild Bio
$116M
Seattle, WA-based developer of CAR T-cell therapies to treat pediatric brain tumors
Atreides Management, Valor Equity Partners, CapitalG, Sutter Hill Ventures, and Maverick Silicon
Celero Communications
$275M
Irvine, CA-based developer of DSP technology for AI infrastructure
Wellington, a16z, Sequoia Capital, DST Global, and CapitalG
Clay
$115M
New York City, NY-based sales automation startup
a16z, Accel, Founders Fund, General Catalyst, and Avenir
Cognition
$2B
New York City, NY-based AI coding startup
a16z, Founders Fund, Lux Capital, 8VC, and Lightspeed
Covenant
$250M
Washington, DC-based startup missile maker
Lightspeed, Picture Capital, and Redpoint Ventures
Cylake
$245M
Sunnyvale, CA-based “cybersecurity platform for operational sovereignty”
AlleyCorp, Uncork Capital, Renegade Partners, and SemperVirens
Epsilon Health
$27M
San Francisco, CA-based provider of AI-enabled radiology services
Bain Capital Ventures, Thrive Capital, General Catalyst, Accel, Redpoint, BoxGroup, and Pear VC
Forus
$150M
New York City, NY-based AI platform for doctors’ offices
Diffusion, Lightspeed, Sequoia Capital, Kleiner Perkins, a16z, Coatue, Conviction, Elad Gill, Goldman Sachs, GIC, Evantic, Sapphire Ventures, and Whale Rock
Harvey
$550M
San Francisco, CA-based legal AI platform
NewView Capital, Insight Partners, Primary Venture Partners, Scale Venture Partners, Vintage Investment Partners, Lightbank, Avenir Growth Capital, Story Ventures, and Camber Creek
Inspiren
$70M
New York City, NY-based senior living tech startup
Oak HC/FT, NEA, Coinbase Ventures, Lightspeed Faction, OpenFX, and Wilson Sonini|
Lattitude
$35M
San Francisco, CA-based cross-border payments infrastructure startup
A16z, Maverick Capital, Coatue, Audacious, Alumni Ventures, Greylock, and Lightspeed
Lightfield
$47M
San Francisco, CA-based CRM for “companies that run on agents”
Ribbit Capital, Infinite Capital, Bedrock Capital, and Sequoia Capital
Mach Industries
$600M
Austin, TX-based aerospace defense-tech startup
RoboStrategy, LocalGlobe, Vine Ventures, and XTX Markets Ventures
Maven Robotics
$100M
Santa Clara, CA-based warehouse robotics startup
Alpha Wave, YK Bioventures, Eli Lilly, Gaorong Ventures, Arch Venture Partners, Khosla Ventures, and Future Ventures
Moonwalk Biosciences
$70M
San Francisco, CA-based developer of RNAi medicines for obesity and cardiometabolic diseases
Nasdaq
Payward
$100M
Cheyenne, WY-based parent company of crypto exchange Kraken
Silversmith Capital Partners and Arthur Ventures
Perry Weather
$110M
Dallas, TX-based provider of weather monitoring software
TQ Ventures, Hanwha Asset Management, G Squared, JAWS, Starship Ventures, Draper Associates, and Drover Ventures
Poseidon Aerospace
$60M
San Francisco, CA-based developer of cargo-hauling unmanned aircraft
NEA, Atreides Management, Valor Equity Partners, Andra Capital, Dylan Patel’s Semi Analysis Capital, and Jim Clark
Positron AI
$875M
Reno, NV-based AI inference hardware company
Halo Fund, Thrive Capital, Industry Ventures, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures, and Vestigo Ventures
Savvy Wealth
$100M
New York City, NY-based provider of back-office tech for RIAs
RA Capital Management, Canaan Partners, and Forbion
Solstice Oncology
$225M
Boston, MA-based immunotherapy startup
Point72 Ventures, Spark Capital, General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital, and YC
Stoke Space
$1B
Kent, WA-based maker of reusable rockets
Spark Capital
TAR
$120M
Austin, TX-based developer of off-grid power systems for AI data centers
Insight Partners, Medical Excellence Capital, M Ventures, and Pfizer Ventures
TwoStep Therapeutics
$62.5M
San Carlos, CA-based cancer-focused biotech
Unless, Drive Capital, Tiger Global, Highland Capital Partners, and Tectonic Ventures
Vecna Robotic
$31M
Waltham, MA-based provider of flexible material handling automation solutions
Agora
Vheda Health
$47M
Columbia, MD-based health outcomes and analytics platform
LIP Ventures and Inven Capital
Wint
$36M
New York City, NY-based provider of water management intelligence
