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
Flint Capital
$160M
Third VC fund
Thrive Capital
$5B
Ninth early-stage fund ($1B) and its third growth fund ($4B)
Private Equity Deals
Greenbacker Capital
3V Infrastructure
Undisclosed amount
New York, NY-based EV charging infrastructure firm
Gamut Capital Management
Airtron
Undisclosed amount
Columbus, OH-based maker of HVAC systems
Platinum Equity
ASP Global
Undisclosed amount
Atlanta, GA-based developer of consumable medical products
Quantum Capital
Cogentrix Energy
$3B
Charlotte, NC-based operator of natural gas power plants
Consello Capital
EHE Health
Undisclosed amount
New York, NY-based provider of preventive health care
Meaningful Partners
Fitness Ventures
Undisclosed amount
Longwood, FL-based second-largest Crunch Fitness franchisee.
Aurora Capital Partners
GenServe
Undisclosed amount
Plainview, NY-based provider of backup power solutions
Stellex
McConway & Torley and Standard Forged Products
Undisclosed amount
Pittsburgh, PA-based makers of products for rail and industrial customers
Bernhard Capital Partners
New Mexico Gas Company
$1.25B
Albuquerque, NM-based energy and services company.
Bansk Group
PetIQ
$1.5B
Eagle, ID-based pet medication and wellness company
Apax Partners
Thoughtworks
$1.75B
Chicago, IL-based tech consultancy
Cerberus Capital Management
Vivace International
Undisclosed amount
San Antonio, TX-based maker of propulsion tanks for space and defense applications
Venture Capital Deals
Wellington Management, Greylock, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund
Abnormal Security
$250M
San Francisco, CA-based email security company
Dragonfly, CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures, and ParaFi
Andrena
$18M
New York, NY-based developer of a decentralized physical infrastructure network protocol
Threshold
Freshpaint
$30M
San Francisco, CA-based health care privacy platform
BlackRock, Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund
Groq
$640M
Mountain View, CA-based AI chipmaker
Infinite Capital, Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, and TechNexus
H3X
$20M
Denver, CO-based electric motor maker
Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners
Levitate
$15M
Raleigh, NC-based CRM software startup.
GV
Mechanical Orchard
$50M
San Francisco, CA-based cloud ops-as-a-service
Activate Capital, Acme Capital, Costanoa Ventures, Radical Ventures, and Congruent Ventures
Muon Space
$56.7M
Mountain View, CA-based space-as-as-service startup
Enlightened Hospitality Investments
Oats Overnight
$35M
Tempe, AZ-based oatmeal maker
Mayfield, Revolution Ventures, Prime Movers Lab, and Idealab Studio
ProRata.ai
$25M
Seattle, WA-based developer of a subscription AI chatbot that would share attribution and revenue with media publishers.
Sapphire Ventures, Meritech Capital, and OpenView
Rewst
$45M
Tampa, FL-based automation platform for MSPs
Canvas Ventures
Savvy
$15.5M
New York, NY-based provider of wealth management software
Sixth Street Growth, Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures
Seeq
$50M
Seattle, WA-based provider of industrial analytics and monitoring
SV Health Investors, 1315 Capital, and RC Capital
Spineology
$25M
St. Paul, MN-based spinal fusion startup