The Scherzer Deal Report: November 28-December 2, 2022
This week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies was brought to you by Scherzer International.
Fundraising for PE & VC Funds
Private Equity Deals
Stellex Capital, Eldridge
Undisclosed
Moon, PA-based provider of engineered parts and services for railroad rolling stock
Hyperion Capital Partners, Mereo Capital Partners
Undisclosed
Dekalb, IL-based maker of thermoformed blister and clamshell packaging, plus blister seal machines
EnCap Investments
Undisclosed
Houston, TX-based provider of Jones Act-compliant offshore wind turbine installation vessels
Shoreline Equity Partners
Undisclosed
Alpharetta, GA-based provider of roofing and re-roofing services in the Southeastern US
MiddleGround Capital
Undisclosed
Gap, PA-based maker of precast concrete tanks for the water and wastewater treatment market
Cloud 9 Software
Undisclosed
Birmingham, AL-based dental practice management platform
Concentric Equity Partners, Summer Street Capital Partners
Undisclosed
Dallas, TX-based non-hazardous solid waste and recycling collection firm
Warburg Pincus
Undisclosed
San Diego, CA-based specialty insurance program manager
Investcorp
Undisclosed
Greenwich, CT-based CLO manager
Audax Private Equity
Undisclosed
Tampa, FL-based operator of around 100 franchised and company-owned weight-loss and wellness clinics
MML Capital On
Undisclosed
Deer Park, TX-based provider of industrial safety and maintenance services
Palladium Equity Partners
Undisclosed
San Diego, CA-based PR firm
Venture Capital Deals
Valor Equity Partners, Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Ventures, US Innovative Technology Fund
$1.48B
Irvine, CA-based defense tech company
Convent Capital, General Mills, Cibus Capital, Rabobank, MS&AD, Firstime, J-Ventures, Plug&Play, iAngels, Gaingels, UpWest
$42M
Fresno, CA-based apiculture startup
Khosla Ventures, Deep Insight, Sixty Degree Capital
$43.2M
Los Angeles, CA-based developer of tiny robots to deliver drugs into the brain
The Column Group, Lux Capital, Two Sigma Ventures, Evotec, Bristol Myers Squibb, Alexandria Venture Investments, Dolby Family Ventures
$96M
Seattle, WA-based biotech focused on neurodegenerative disease.
Thrive Capital, Greenoaks Capital
$30M
Seattle, WA-based medical consulting startup
Madrona, Alkeon, Tiger Global, Wing VC, Citi Ventures, SAP.io, Nvidia
$47M
San Francisco, CA-based speech-to-text platform
NEA, Abingworth, Forge Life Science Partners, Avego, PFM Health Sciences, The Eleven Fund, Column Group, 5AM Ventures, Redmile Group, Cowen Healthcare Investments, Sanofi Ventures, Osage University Partners, Altitude Life Science Ventures
$120M
San Diego-based biotech focused on neurosensory-inflammatory disorders.
Polychain Capital, Protocol Labs, Arweave, Coinbase Ventures, Digital Currency Group, North Island Ventures, Distributed Global, The LAO, Argonautic Ventures
$25M
New York, NY-based web3 developer platform
Mayfield, Clear Ventures, Addition, Qualcomm Ventures
$116M
San Jose, CA-based maker of solid-state chips for active device cooling
Headline, LFX Venture Partners, Palm Drive Capital, Mucker Capital, Cornerstone Ventures, Red Building Capital
$23M
Los Angeles, CA-based freight forwarding startup
Pendulum, Cercano Management, Cohen Circle, The George Kaiser Family Foundation, NextEra Energy, Bank of America, Citi Ventures, PNC, Popular, Truist Ventures, TTV Capital, Wells Fargo
$45M
Atlanta, GA-based digital banking platform for Black and Latino individuals and businesses
Advent International, .406 Ventures, RRE Ventures, Top Tier Capital, Comcast Ventures
$25M
New York, NY-based no-password authentication startup
Novo Holdings, Lyfe Capital, Versant Ventures, OrbiMed Advisors
$65M
Philadelphia, PA-based gene editing startup
General Catalyst
$60M
San Francisco, CA-based wedding planning platform
Goldman Sachs, G2 Venture Partners, Slack, Scale Venture Partners
$117M
Wilmington, MA-based warehouse robotics developer
Catalio Capital Management, Intel Capital
$17M
Houston, TX-based provider of virtual care and analytics
Vensana Capital, Broadview Ventures, Epidarex Capital, Georgia Research Alliance Venture Fund
$20M
Atlanta, GA-based developer of medical devices for mitral heart valve repair
Piva Capital, Arsenal Growth Equity
$33M
Orlando, FL-based last-mile transportation visibility solution
GV, Decibel, Okta Ventures, Ballistic Ventures, SYN Ventures
$26M
Palo Alto, CA-based security platform-as-a-service
Sound Ventures, Seven Seven Six, Blockchange Ventures, Avalanche’s Blizzard Fund, C2 Ventures
$18M
Los Angeles, CA-based creator marketing and collaboration startup
M Ventures, SCC Soft Computer, Koç Holding
$15.2M
Los Angeles, CA-based digital pathology startup
Declaration Partners, 14W, CRV, Adam Grant, Gwyneth Paltrow, Jessica Alba, Brian Kelly
$26M
Carlsbad, CA-based resort booking platform
Andreessen Horowitz, Ancient8, Animoca Brands, Gumi Cryptos Capital, Harrison Metal Capital, Makers Fund, Merit Circle, Transcend
$15M
San Mateo, CA-based web3 game studio
Cox Enterprises, Pendulum Holdings
$35M
Atlanta, GA-based coworking and warehouse space startup
Edison Ventures, Forgepoint Capital
$31M
Newark, NJ-based identity hygiene company
Fin VC, Mastercard, Proof Ventures, Trestle, Espresso Capital
$35M
New York, NY-based spend management startup
General Catalyst, Byers Capital, BoxGroup
$67M
San Francisco, CA-based clinical research organization
Soma Capital
$15M
San Francisco, CA-based credit card startup
Baird Capital, Spring Lake Equity Partners, Bessemer Venture Partners, Menlo Ventures, High Alpha
$31.5M
Indianapolis, IN-based SaaS management startup