⛄ Greetings from the snow-covered home office. Thanks for reading, and please remember to email me feedback or news tips (just hit reply, it goes directly to me). Or use my anonymous tip line: http://axios.com/tips. Here we go...
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Let's call it: Neither SoftBank nor Saudi Arabia will face any significant U.S. investment losses over the murder of journalist Jamal Khashoggi.
🤖 Breaking big deal: Johnson & Johnson said it will buy Auris Health, a Silicon Valley-based robotic surgery platform, for $3.4 billion upfront in cash plus up to $2.35 billion in milestone payments. Typically in these situations, investors estimate that around 20% of the contingent payments will be realized.
• D.C. flyover: President Trump is expected to sign Congress' bipartisan plan to stave off another government shutdown, per both CNN and the WSJ. But put this in the "trust but verify" category, as Trump was also expected to sign a funding bill in December before instead opting for what became the longest government shutdown in history.
🎙Podcast: Our new episode focuses on the future of Reddit and the concept of "peak social." My guest is Reddit co-founder and Initialized Capital managing partner Alexis Ohanian. Listen here.
TuSimple, a Tucson, Ariz.-based self-driving truck startup, raised $95 million in Series D funding at a pre-money valuation of $1 billion led by China’s Sina Corp.
• Starling Bank, a London-based challenger bank, raised £75 in Series C funding led by Merian Global Investors. http://axios.link/ernB
• InfluxData, a San Francisco-based time series database maker, raised $60 million in Series D funding. Norwest Venture Partners led, and was joined by Sorenson Capital and return backers Sapphire Ventures, Battery Ventures, Mayfield Fund, Trinity Ventures and Harmony Partners. www.influxdata.com
• Rapyd, a London-based digital wallet startup, raised $40 million in Series B funding co-led by Stripe and General Catalyst. http://axios.link/VsNy
• Chainalysis, a New York-based provider of cryptocurrency compliance solutions, raised $30 million in Series B funding. Accel led, and was joined by Benchmark. http://axios.link/KIkB
• May Mobility, an Ann Arbor, Mich.-based developer of self-driving shuttles, raised $22 million in Series A funding. Millennium New Horizons and Cyrus Capital Partners co-led, and were joined by LG Technology Ventures, Thayer Ventures, BMW i Ventures, Maven Ventures, Toyota AI Ventures and YC. http://axios.link/ITH8
• Second Measure, a San Mateo, Calif.-based provider of consumer behavior analytics, raised $20 million in Series A funding. Bessemer Venture Partners and Goldman Sachs co-led, with Citi Ventures also participating. http://axios.link/tCSI
• ShiftLeft, a Santa Clara, Calif.-based runtime protection startup, raised $20 million in Series B funding. Thomvest Ventures led, and was joined by SineWave Ventures and return backers Mayfield and Bain Capital Ventures. http://axios.link/mNhY
• Joor, a New York-based wholesale platform and data exchange, raised $16 million in Series C funding. Itochu led, and was joined by return backers Canaan Partners and Battery Ventures. www.jooraccess.com
• RapidDeploy, an Austin, Texas-based provider of software for public safety offices, raised $12 million in Series A funding co-led by GreatPoint Ventures and Samsung NEXT. http://axios.link/U185
• Wurk, a Denver-based provider of HCM software for the cannabis market, raised $11 million co-led by return backers Poseidon Asset Management and Arcadian Fund. http://axios.link/77yt
• Qu, a Bethesda, Md.-based maker of point-of-sale solutions for restaurants, raised $10 million in Series B funding. Cota Capital led, and was joined by NRD Capital and the Bobby Cox Cos. www.qubeyond.com
• Donde Search, a visual search engine for fashion retailers, raised $6 million in Series A funding led by Matrix Partners. http://axios.link/SpcF
• Enfuce Financial Services, a Finnish cloud payment infrastructure startup, raised €5 million from Nordea, LähiTapiola and Finnvera. www.enfuce.com
• The Premier Lacrosse League raised an undisclosed amount of Series A funding led by Alibaba's Joe Tsai. Per Axios Sports' Kendall Baker:
"The most popular upstart sports league at the moment is the Alliance of American Football (AAF). The most interesting upstart sports league at the moment is the PLL."
• BCM One, a New York-based portfolio company of Thompson Street Capital Partners, acquired SIP.US, an Alpharetta, Ga.-based provider of enterprise IP communications software. www.bcmone.com
• Catapult Capital bought JibJab, a Los Angeles-based provider of e-cards, messages and branded satire. Sellers include Polaris Partners.
🚑 Leonard Green agreed to sell Plano, Texas-based dialysis services company U.S. Renal Care to a management-led investor group that includes Bain Capital, Summit Partners and Revelstoke Capital Partners. www.usrenalcare.com
⛽ Macquarie Infrastructure Partners acquired Wheelabrator Technologies, a Portsmouth, N.H.-based owner and operator of waste-to-energy facilities, from Energy Capital Partners. www.wtienergy.com
• mTAB, an Anaheim, Calif.-based portfolio company of Milestone Partners, acquired Slideworx, a German provider of digital storytelling software. www.mtab.com
🚂 Virgin Trains USA, an owner and operator of passenger rail in Florida, has postponed an IPO that had been expected to offer 28.3 million shares at $17-$19. It would have had a market cap of $3.15 billion at the top of its range, while shareholders include Virgin Group and Fortress Investment Group. http://axios.link/zcrR
• Dynamic Map Platform of Japan agreed to buy Ushr, a Livonia, Mich.-based developer of mapping software for autonomous vehicles, for upwards of $200 million. Ushr in 2017 raised $10 million from Forté Ventures, GM Ventures, EnerTech Capital and Emerald Technology Ventures. http://axios.link/rqkc
• InterContinental Hotels Group (LSE: IHG) agreed to buy most of the assets of Thailand-based Six Senses Hotels Resorts Spas for $300 million in cash. Sellers include Pegasus Capital Advisors. http://axios.link/nTO4
• Onex Corp. is seeking a buyer for Advanced Integration Technology, a Plano, Texas-based maker of aerospace manufacturing equipment that could fetch over $1.5 billion, per Bloomberg. http://axios.link/bt6H
• Vitruvian is seeking a buyer for Smava, a German online platform for consumer loans that could fetch upwards of $500 million, per Reuters. http://axios.link/qc1U
• JAB Holding, a German conglomerate, is offering to increase its stake in U.S. cosmetics maker Coty (NYSE: COTY) from 40% to 60% via a tender to minority shareholders. Coty has lost around half of its market value over the past year. http://axios.link/fHfV
🚑 Trice Medical, a King of Prussia, Penn.-based maker of orthopedic devices, agreed to buy S.E.G-Way Orthopaedics, maker of an endoscopic carpal tunnel release device. Trice backers include Smith & Nephew, Safeguard Scientifics, HealthQuest Capital and BioStar Ventures. http://axios.link/vwsB
• Ciara Burnham joined Washington D.C.-based venture firm QED Investors as a partner. She previously was a senior managing director with Evercore. www.qedinvestors.com
• Francisco Partners promoted Megan Austin Karlen and Neil Tolaney to partners, and Evan Daar, Mario Razzini and Christine Wang to principals. www.francisopartners.com