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
Blackhorn Ventures
$150M
Third fund
Connexa Capital
$20M
Debut fund
Curie.Bio
$380M
Second fund
Ironspring Ventures
$100M
Second fund
Rackhouse Ventures
$45M
Second fund
Private Equity Deals
TPG
Altimetrik
Undisclosed amount
Southfield, MI-based digital business transformation company
Frazier Healthcare Partners
BioMatrix
Undisclosed amount
Plantation, FL-based provider of home-based infusion services
Bernhard Capital Partners
Brailsford & Dunlavey
Undisclosed amount
Washington, DC-based institutional program management company
Avenue Sports Fund City
Pickle
Undisclosed amount
New York, NY-based indoor pickleball club concept
GrowthCurve Capital
Duetto
Undisclosed amount
San Francisco, CA-based provider of revenue management software for the hospitality market
Trive Capital and 808 Capital Partners
JF Fitness
Undisclosed amount
Richmond, VA-based Crunch Fitness franchisee focused on the Mid-Atlantic and Southeastern United States
Macquarie Capital
Kalkomey
Undisclosed amount
Richardson, TX-based provider of online recreational safety education
Vista Equity Partners
Model N
Undisclosed amount
San Mateo, CA-based provider of revenue optimization and compliance solutions for pharma and med tech
Madison Dearborn Partners
Omni Federal
Undisclosed amount
St. Louis, MO-based provider of mission and enterprise software to U.S. defense and intelligence agencies
Altaris Capital Partners
Sharecare
Undisclosed amount
Atlanta, GA-based digital health platform
L Catterton
Stripes Beauty
Undisclosed amount
Beverly Hills, CA-based menopause products brand founded by actor Naomi Watts
Transom Capital Group
Virginia Tile
Undisclosed amount
Livonia, MI-based distributor of tile, decorative surfaces, and installation accessories
Venture Capital Deals
Premji Invest, Neuberger Berman, Adams Street Partners, Baillie Gifford, Hummingbird Ventures, Civilization Ventures, Libertus Capital, and Fifty Years
BillionToOne
$130M
Menlo Park, CA-based precision diagnostics company
BlackRock, Nvidia, Microsoft, Eclipse Ventures, and Jabil
Bright Machines
$106M
San Francisco, CA-based software-defined manufacturing company
Meritech, First Round Capital, Sequoia Capital, Box Group, and Boldstart
Clay
$46M
New York, NY-based sales and marketing AI startup
Prudence, Industry Ventures, Jackson Square Ventures, Building Ventures, GS Futures, and Cloud Apps Capital Partners
Clearstory
$16M
Walnut Creek, CA-based change order management platform for construction
Elsewhere Partners
Deskpro
$25M
Austin, TX-based provider of help desk solutions
Primary Venture Partners, Positive Sum Ventures, Hummingbird, Fundomo, Fontinalis, Lightscape, Earthshot, Two Sigma, Oceans Venture, Skybox Data Centers, and Peter Thiel
Etched
$120M
San Francisco, CA-based maker of specialized chips for transformers
Nat Friedman, Daniel Gross, Lux Capital, Amazon, and NVentures
EvolutionaryScale
$142M
New York, NY-based developer of protein-building AI models
Novartis Venture Fund, Delos Capital, OrbiMed, Insight Partners, JPMorgan Life Sciences Private Capital, CRISPR Therapeutics, Innovation Endeavors, Invus, Arc Ventures, and Deep Insight
Exsilio Therapeutics
$82M
Boston, MA-based genomic medicines startup
Andreessen Horowitz, Sanofi, Sequoia Capital, Thrive Capital, Emerson Collective, Lachy Groom, SV Angel, and FPV Ventures
Formation Bio
$372M
New York, NY-based AI-driven drug developer
Blackhorn Ventures, Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital, and Lorimer Ventures
Formic
$24.7M
Chicago, IL-based robots-as-a-service platform for manufacturers
a16z
Hebbia
$100M
New York, NY-based document search AI startup
Cleveland Avenue, DNS Capital, Composite Ventures, and Greatpoint Ventures
Hero Bread
$21M
San Francisco, CA-based maker of healthier versions of baked goods
Parameter Ventures, PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures
KarmaCheck
$45M
San Francisco, CA-based employee background check startup
General Catalyst
Local Kitchens
$40M
Davis, CA-based multi-brand “under one roof” restaurant concept
Bain Capital Ventures, Adobe Ventures, and Common Sense Media
MagicSchool AI
$15M
Boulder, CO-based K12 tech platform focused on preventing teacher burnout
Silver Lake Waterman, Eurazeo, Crescent Cove, F-Prime, Eight Roads, and Serena Capital
Odaseva
$54M
Cambridge, MA-based cybersecurity startup for Salesforce users
Craft Ventures, Addition, and Greylock
Onehouse
$35M
Sunnyvale, CA-based data lakehouse company
NEA, Wing VC, and WndrCo
Orby AI
$30M
San Francisco, CA-based generative process automation startup
8VC, Matrix Partners India, and Nexus Venture Partners
Rocketlane
$24M
Covina, CA-based customer onboarding platform
Hanaco VC, Jaws Ventures, Madrona Ventures, and Granger
Route
$40M
Lehi, UT-based post-purchase tracking startup
Koch Disruptive Technologies, Duke University, GreatPoint Ventures, Bond, Cathay Innovation, Drive Capital, Menlo Ventures, Morpheus, and an undisclosed state pension fund
Sidecar Health
$165M
El Segundo, CA-based employer-facing health insurer
GV
Sift
$17.5M
San Francisco, CA-based developer of unified observability solutions for complex machine development
Sutter Hill Ventures, T. Rowe Price, Bessemer Venture Partners, Coatue, and Perry Creek Capital
Sila
$375M
Alameda, CA-based battery materials company
Sorenson Capital, Intel Capital, and BroadLight Capital
ZeroEyes
$53M
Conshohocken, PA-based gun detection video analytics and alert platform