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
Aligned Climate Capital
$85M
Second VC fund
Bessemer Venture Partners
$350M
Second dedicated India Fund
Capitala Group
$1B
Strategy of investing both debt and equity capital into small businesses
Daybreak Ventures
$33M
Debut fund
Fusion Fund
$190M
Fourth early-stagte VC fund
Garnett Station Partners
$1.2B
Fifth fund
Pamlico Capital
$1.75B
Sixth fund
Soul Street Venture
$22.5M
Debut fund
Private Equity Deals
TPG
BVI Medical
$1B
Waltham, MA-based maker of ophthalmic devices
InTandem Capital Partners
Clinilabs
Undisclosed amount
Eatontown, NJ-based contract research organization
Permira
Encore Fire Protection
Undisclosed amount
Pawtucket, RI-based provider of provider of fire protection services
Lovell Minnick Partners and Audax Private Equity
Fortis
Undisclosed amount
Plano, TX-based payments company for software provider
PSG
Lightkeeper
Undisclosed amount
Boston, MA-based provider of data, analytics, risk management, and reporting solutions for investment managers
Eir Partners
Porter
Undisclosed amount
Baltimore, MD-based home care coordination platform
HIG Capital
Quisitive Technology Solutions
Undisclosed amount
Irving, TX-based Microsoft solutions provider
Northleaf Capital Partners
Shared Tower
C$100M
Canadian developer and owner of carrier-neutral telecom infrastructure
Venture Capital Deals
FTV Capital
360 Privacy
$36M
Nashville, TN-based digital executive protection platform
Boston Scientific
4C Medical
$175M
Maple Grove, MN-based developer of mitral valve replacement devices
Red Dot Capital, Maor Investment, Entrée Capital, GFT Ventures, Intel Capital, and In-Venture
Bria
$40M
New York and Tel Aviv-based enterprise visual gen AI platform built on licensed data
Tetrad
Capture6
$27.5M
Berkeley, CA-based startup that cleans water and removes carbon
Kleiner Perkinsl, Index Ventures, Lightspeed, A*, Factory, Greycroft, Dell Technologies Capital, and Samsung Ventures
Cartesia
$64M
San Francisco, CA-based voice AI startup
SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital
Cybereason
$120M
La Jolla, CA-based cybersecurity business
Lightspeed Venture Partners and Sumitomo Corp
Dexterity
$95M
Redwood City, CA-based robotics company aiming for human-like dexterity
Clean Energy Ventures, ABB, Cerberus Ventures, Chevron Technology Ventures, and Piedmont Capital
DG Matrix
$20M
Raleigh, NC-based maker of solid-state transformers for datacenters
Top Tier Capital Partners, Acrew Capital, and Advance Venture Partners
Ditto
$462M
Oakland, CA-based company focused on connectivity for edge devices
A16z, GreenOaks Capital, Bedrock Capital, Meritech Capital, Matrix Partners, Sands Capital, Founders Fund, Kleiner Perkins, Tiger Global, and YC
Flock Safety
$275M
Atlanta, GA-based provider of surveillance tech for public safety departments
Energy Capital Ventures, Breakthrough Energy Ventures, and Trafigura
Graphitic Energy
$15M
Goleta, CA-based gas-to-hydrogen and graphite conversatin startup
Flagship Pioneering
Lila Sciences
$200M
Cambridge, MA-based scientific superintelligence startup
IVP, G2 Venture Partners, Wellington Management, Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners
Lumafield
$75M
Cambridge, MA-based developer of industrial CT tech for medical device companies
Paradigm, Consensys, QuantumLight Capital, and Yolo Investments
Mesh
$82M
San Francisco, CA-based crypto payments network
Five Elms
Motivity
$27M
Honolulu, HI-based provider of SaaS tools for autism therapy providers
General Catalyst, Lightspeed Venture Partners, and Valor Equity Partners
Nirvana Insurance
$80M
San Francisco, CA-based commercial trucking insurer
Iconiq Growth, Theory Ventures, First Round Capital, Redpoint Ventures, GV, and Snowflake Ventures
Omni
$69M
Dallas, TX-based business intelligence platform
SoftBank Vision Fund 2
OpusClip
$20M
San Francisco, CA-based video editing platform using Gen AI
Evolution Equity Partners and Farallon Capital
Pentera
$60M
Boston, MA-based maker network attack simulations
Lightspeed Venture Partners, CRV, and Sequoia Capital
Reflection AI
$105M
Brooklyn NY-based superintelligence startup led by a pair of ex-DeepMind researchers
Accel, Bertelsmann, UMI, Omnivore, and 3one4 Capital
Scimplify
$40M
Houston, TX-based platform for specialty chemicals
USVP, Gilde Healthcare Partners, Gilmartin Capital, Aperture Venture Partners, Arboretum Ventures, and Sectoral Asset Management
Shoulder Innovations
$40M
Grand Rapids, MI-based shoulder replacement technology startup
Fin Capital and Diagram
Synctera
$15M
Palo Alto, CA-based Banking-as-a-Service startup
SoftBank
Terabase Energy
$130M
Berkeley, CA-based provider of utility-scale solar software
Ribbit Capital, DST Global, NFX, and Progressive Insurance
Tomo Mortgage
$20M
Stamford, CT-based mortgage fintech
Moderne Ventures, Northwestern Mutual Future Ventures, UBS Next, and Erie Strategic Ventures
Trust & Will
$25M
San Diego, CA-based digital estate planning platform
NEA, AlleyCorp, Intermountain Health’s Intermountain Ventures, Echo Health Ventures, and Max Ventures
Vori Health
$53M
New York, NY-based musculoskeletal care business
TTV Capital, Ingeborg, Florida Funders, Deep Work Capital, and Florida Opportunity Fund
Worth
$20M
Orlando, FL-based startup for onboarding and underwriting SMBs seeking credit products
Creaegis, HSBC, SBI, GMO, DG Daiwa, Accel, Lightspeed Venture Partners, Sparta Group, and DST Global
Zolve
$51M
Houston, TX-based neobank for people moving to the U.S.