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
Incline Equity Partners
$500M
Second fund
Madrona Ventures
$770M
Early-stage startups ($495M) and later-stage fund ($275M)
Novacap
$1B
First digital infrastructure fund.
Private Equity Deals
Aiga Capital Partners
Cenergy Power
Undisclosed amount
Aliso Viejo, CA-based solar developer
LL Funds
Evernest
$15M
Birmingham, AL-based property management company
Latticework Capital Management and Edgehill Management
Life Science Connect
Undisclosed amount
Pittsburgh, PA-based life science digital media business
Wafra
Niobrara Capital
Undisclosed amount
New York, NY-based private equity firm founded by Chip Schorr, Todd Bradley and Mike Pompeo
American Pacific Group
ServerLift
Undisclosed amount
Phoenix, AZ-based manufacturer of handling and lifting equipment for IT infrastructure
Venture Capital Deals
Google
Anthropic
$1B
San Francisco, CA-based AI business
Maverick Silicon, Synopsys, Matrix Partners, and Intel Capital
Baya Systems
$36M
Santa Clara, CA-based system IP business
Meritech Capital Partners LP, Sequoia Capital Operations LLC, First Round Capital LLC, Box Group LLC and Boldstart Ventires LLC
Clay
$40M
New York, NY-based sales AI startup
Meta, Temasek, and QIA
Databricks
$10B
San Francisco, CA-based data intelligence company
Summit Partners and Telescope Partners
Fundraise Up
$70M
Brooklyn, NY-based fundraising platform for nonprofits
QIA, Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures
Instabase
$100M
San Francisco, CA-based startup using AI to organize and analyze unstructured data
Balderton Capital, Visionaries Club, Creandum, Firstminute, and Seedcam
Lindus Health
$55M
New York, NY-based clinical trials research services company
Avenue Sports Fund
Men in Blazers Media Network
$15M
New York, NY-based U.S. soccer media business
Emergence Capital, Avra Capital, Samsung Next, Andreessen Horowitz, Y Combinator, and Ardent
Method
$41.5M
Austin, TX-based startup embedding debt and debt repayment features into fintech applications
SYN Ventures, ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners
Mitiga
$30M
New York, NY-based cyber investigation and response business
Connect Ventures, monashees, Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion
Music AI
$40M
Salt Lake City, UT-based AI app maker for audio and music
Wave Ventures, UPMC Enterprises, Labcorp and First Trust Capital Partners
Percipio Health
$20M
Plano, TX-based startup using smartphones to assess population health
Sequoia Capital, Paradigm, a16z crypto, and Variant
Phantom
$150M
San Francisco, CA-based crypto wallet business
Georgian, 01A, avra, Addition, Bessemer Venture Partners, General Catalyst, and the South Park Commons Fund
Render
$80M
San Francisco, CA-based cloud application company
Koch Disruptive Technologies
Rhino.ai
$50M
Washington, DC-based tech modernization company using AI
Bessemer Venture Partners, Bain Capital Ventures, Menlo Ventures, Inspired Capital, and AlleyCorp
ShopMy
$77.5M
New York, NY-based digital shop maker for creators
Emergence, GV, Madrona, The Chainsmokers (Mantis VC), and Conviction
StackBlitz
$83.5M
San Francisco, CA-based maker of AI developer tools used to build websites