Early delivery this morning because it's apparently easier to reopen the government than to successfully schedule E's pediatrician in the afternoon. Here we go...
Illustration: Sarah Grillo/Axios
U.S. Attorney General nominee Bill Barr was asked repeatedly about antitrust issues as they may relate to big technology companies, during his confirmation hearings this week.
• Retail tears: Shopko yesterday became the latest PE-backed retailer to file for Chapter 11 bankruptcy protection. The Wisconsin-based general merchandiser had been acquired by Sun Capital Partners for around $1.1 billion in 2005, and currently employs around 14,000 people. As part of the reorganization, it plans to close 105 of its 363 stores.
• Clarification: Yesterday we noted that home trade-in platform Knock had raised $400 million in Series B funding. We neglected to note that the funding was combined equity and debt, and we've since learned the equity tranche is only around $26 million (per a Delaware filing and a source confirm). The large debt line relates to how Knock uses its balance sheet to carry the homes it buys and sells (similar to how OpenDoor operates).
• Three new firm alerts:
🎤 Pro Rata Podcast: Our new episode focuses on the government shutdown and if Trump really has a strategy. My guest is Axios' Jonathan Swan. Listen here.
Niantic, the mobile AR game-maker behind Pokémon Go, raised $245 million in Series C funding at a post-money valuation of nearly $4 billion. IVP led, and was joined by aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung Ventures.
• Personio, a German HR and recruiting platform, raised $40 million in Series B funding. Index Ventures led, and was joined by return backers Northzone and Global Founders Capital. http://axios.link/RF9a
🚑 Bolder Surgical (f.k.a. JustRight Surgical), a Louisville, Ky.-based maker of pediatric surgical instruments, raised $27 million. River Cities Capital Funds led, and was joined by Westwood Management and Providence Ventures. http://axios.link/5UED
• Spell, a New York-based deep learning and AI infrastructure platform, raised $15 million co-led by Eclipse Ventures and Two Sigma Ventures. http://axios.link/AkLf
• SeeTree, an Israeli monitoring solution for tree crops, raised $11.5 million in Series A funding. Hanaco Ventures led, and was joined by return backers Canaan Partners Israel, Uri Levine, iAngel and Mindset. http://axios.link/Up3Z
• Innovaccer, a San Francisco-based patient data integration and sharing platform, raised $11 million. M12 led, and was joined by Lightspeed Venture Partners and Westbridge. http://axios.link/TYZN
🚑 Tyto Care, a New York-based platform for live telehealth visits and examinations, raised $9 million in Series C funding from Sanford Health, Itochu and Shenzhen Capital Group. http://axios.link/9Wv9
• RecVue, a Palo Alto, Calif.-based provider of recurring billing and revenue solutions for B2B companies, raised $5 million co-led by Cota Capital and Epic Ventures. www.recvue.com
🚑 Acorn Biolabs, a Toronto-based cell preservation startup, raised C$3.3 million in seed funding from Real Ventures, Globalive Technology, Pool Global Partners and Epic Capital Management. www.acorn.me
• Reggora, a Boston-based home appraisal platform, raised $3 million in seed funding led by Spark Capital. www.reggora.com
• Apax Partners agreed to invest upwards of $200 million into Indian data analytics company Fractal Analytics from existing shareholders like Khazanah and TA Associates. http://axios.link/3TRD
• Infor, a New York-based provider of enterprise cloud software, raised $1.5 billion from existing shareholders Koch Equity Development and Golden Gate Capital. http://axios.link/82QH
• PagerDuty, a San Francisco-based incident resolution platform, has filed confidentially for an IPO that will be led by Morgan Stanley, per Bloomberg. The company has raised over $170 million and was most recently valued at $1.3 billion, by investors like Accel, Andreessen Horowitz, Bessemer Venture Partners, Harrison Metal and T. Rowe Price. http://axios.link/hfSj
• Cars.com (NYSE: CARS) retained J.P. Morgan to explore strategic options, including a possible sale of the company, per the FT. The online car-seller has a market cap of around $1.6 billion. http://axios.link/hvEd
• Coinbase has acquired Blockspring, a San Francisco-based spreadsheet editing platform that raised seed funding from Coinbase investors Andreessen Horowitz and SV Angel. http://axios.link/FsWr
• Playtika, an Israeli mobile games company backed by such firms as Hony Capital and Yunfeng Capital, acquired Austrian card games maker Supertreat. www.playtika.com
• BlueRun Ventures raised $130 million for its sixth fund. www.brv.com
• Resolute Ventures raised $75 million for its fourth early-stage fund. http://axios.link/HUqL
• Resurgens Technology Partners, an Atlanta-based private equity firm founded by H.I.G. Capital and Accel-KKR veterans, raised $200 million for its debut fund. www.resurgenstech.com
• Simon Adcock joined British private equity firm Bowmark Capital as a partner and head of portfolio management. He previously was a senior portfolio director at Lloyds Development Capital. www.bowmark.com
• Paul Bridwell joined OpenGate Capital as a Los Angeles-based managing director and head of operations and portfolio management for North American investments. He was previously with Platinum Equity. www.opengatecapital.com
• Diego De Giorgi is stepping down as head of global investment banking for Bank of America Merrill Lynch, per the FT. http://axios.link/88uJ
• Christian Keller (Germany, ex-HSBC) and Ann Sharkey (London, ex-Castlelake) joined Houlihan Lokey as managing directors focused on European financial sponsors. www.hl.com
• Littlejohn & Co. promoted Drew Greenwood to managing director, and both Charles Leung and William McDavid to vice presidents. www.littlejohnllc.com
• Katie Jacobs Stanton, a former Twitter executive and angel investor, writes that she is stepping down as CMO of Color Genomics in order to become a "full time investor." No further details yet.
• Jacquelyn Titus joined Barclays as a managing director and head of its Canadian financial institutions group. She previously was with Goldman Sachs. www.barclays.com
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