The words "Market Basket" either mean nothing to you or represent your most beloved brand.

• That latter camp is mostly comprised of New Englanders who view the grocery chain as akin to the Red Sox. Or even church. Seriously.
• And its future is now in flux.

Flashback: Some outsiders may remember Market Basket as the subject of a contentious ownership fight in 2014 — between two cousins both named Arthur Demoulas — which included employee protests (often on their own time) and customer boycotts in support of "Artie T."

• The dispute was resolved when Arthus T. Demoulas and his side of the family bought a control stake from Arthur S. Demoulas, in a transaction that included around $1.6 billion in debt financing from top Wall Street firms (which got paid off at the end of last year).

Fast forward: The Demoulas are feuding again, although this time it's siblings instead of cousins.

• Market Basket's board last night put CEO Arthus T. Demoulas and several other employees (including his son and daughter) on paid administrative leave, as it investigates his conduct.
• The board, which includes an unaffiliated private equity exec and PE-focused lawyer, was appointed by the majority shareholder group that includes Arthus T. Demoulas and his three sisters.

Behind the scenes: I'm told that the board had grown frustrated with its lack of access to information, including things like budgets and succession plans.

• "They would learn about new store openings in the paper," a source explains.
• Last August it gave Demoulas an ultimatum about increased transparency, but feels he didn't comply. Instead, the board believes that Demoulas was planning a work stoppage.
• It also appears that the three sisters support the board's decision, perhaps because it seems like he was planning to have his kids eventually take over.

What he's saying: Via a spokesperson, Demoulas issued a statement saying he was "ousted" and that the investigation is a "farcical cover for a hostile takeover."

• His spokesperson didn't respond to repeated requests for further comment.

Look ahead: The immediate question is if employees once again will protest in support of their vaunted CEO, but the longer-term one is what this means for a chain of nearly 100 locations in an era of supermarket consolidation.

• I'm told that the board neither wants to be a seller nor a buyer, believing in organic growth, but ownership fights often result in ownership changes.

Vivodyne, a developer of lab-grown human tissues, raised $40 million in Series A funding led by Khosla Ventures.

Why it's the BFD: The FDA last month announced plans to "phase out" animal testing requirements in drug development, and Vivodyne believes its technology could help fill the void.

Zoom in: Other investors included Lingotto Investment Management, Helena Capital, Fortius Ventures, and insiders Kairos Ventures, CS Ventures, Bison Ventures, and MBX Capital.

• Vivodyne has offices in both Philadelphia and Brisbane, California.

The bottom line: The company has some of its own drug programs, but mostly seems focused on working with Big Pharma.

• It claims that its platform can produce human bone marrow, lymph nodes and liver tissues.

⚡ Radiant, an El Segundo, Calif.-based developer of nuclear microreactors, raised $165m in Series C funding. DCVC led, joined by Giant Ventures, StepStone VC, Hanwha Asset Management Venture Fund, SGA Capital, Crossbeam Venture Partners, Align Ventures, ARK Invest, Gigascale, HartBeat VC, and Pax Ventures. axios.link/4jr1Rtk

• Empathy, a mobile app for grief management, raised $72m in Series C funding. Adams Street Partners led, joined by General Catalyst, Index Ventures, Entrée Capital, Brewer Lane Ventures, SemperVirens, Latitude, and LionTree. empathy.com

• Chalk, an SF-based data platform for AI/ML, raised $50m in Series A funding. Felicis led, joined by Triatomic Capital and insiders General Catalyst, Unusual Ventures, and Xfund. axios.link/4kZftNV

• Wander, an Austin-based vacation rental platform, raised $50m in Series B funding. QED Investors and Fifth Wall co-led, joined by Redpoint Ventures, Uncork, Starwood, and Breyer Capital. wander.com

• Buildots, an Israeli construction management platform, raised $45m. Qumra Capital led, joined by OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures, and Viola Growth. axios.link/3Z8LPgt

• Conduit, a cross-border payments platform using stablecoins, raised $36m in Series A funding. Dragonfly and Altos Ventures co-led, joined by Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios Digital Ventures, and Portage Ventures. axios.link/4jrF4xr

• Rillet, an ERP to automate accounting, raised $25m in Series A funding. Sequoia Capital led, joined by First Round Capital, Creandum, and Susa Ventures. axios.link/3Z58E4M

• Snabbit, an Indian booking platform for high-frequency home services, raised $19m in Series B funding. Lightspeed led, joined by insiders Elevation Capital and Nexus Venture Partners. axios.link/4kGZkwm

• Creatify, a Mountain View, Calif.-based AI video advertising platform, raised $15.5m in Series A funding co-led by WndrCo and Kindred Ventures. axios.link/453eUOl

• Stotles, a U.K. platform for helping suppliers increase public sector revenue, raised US$13m in Series A funding. Headline and Acton co-led, joined by Form Ventures and Seedcamp. axios.link/43x0KSX

• Inven, a Finnish deal sourcing platform, raised $12.75m in Series A funding co-led by Ventech and Vendep Capital, with participation from Lifeline Ventures and Joint Effects. axios.link/3FBrBoZ

🚑 AssistIQ, a Canadian provider of computer vision tech for hospital supply chain management, raised US$11.5m in Series A funding led by Battery Ventures. assistiq.ai

• Context, an "AI-native office suite," raised $11m in seed funding at a $70m valuation. Lux Capital led, joined by Qualcomm Ventures and General Catalyst. axios.link/4mzryuA

• Rumi, a content engagement and interaction rewards startup, raised $4.7m in pre-seed funding from a16z, CSX, and EV3. axios.link/4jtLTyP

• RevisionDojo (fka StudyDojo), an SF-based exam prep startup, raised $3.4m in seed funding from YC, 468 Capital, Goodwater Capital, Amino Capital, and Acacia Venture Capital Partners. axios.link/3HdykWN

• Nira Energy, a Denver-based maker of transmission automation software, raised an undisclosed amount of funding from Energize Capital. niraenergy.com

• Advent International is in talks to buy French broker Kereis from Bridgepoint for more than €2b, per Bloomberg. axios.link/4dyRi6c

• Apollo and Lone Star Funds are among those circling Castrol, the lubricants business being sold by BP (LSE: BP) for between $8b and $10b, per Bloomberg. axios.link/44ZjixF

🎵 Bridgepoint acquired a minority stake in London-based Rezonate Music Rights. axios.link/3FmT8up

🚑 Brookfield Asset Management and CDPQ agreed to buy Illinois-based lab supplies maker Antylia Scientific from GTCR for $1.34b. axios.link/43GpGaT

• Dojo, a U.K. payments tech firm, raised $190m from Vitruvian Partners. axios.link/4kzPdKd

⚡ IG4 Capital is in advanced talks to lead a restructuring of listed Brazilian solar company Rio Alto Energias Renováveis, per Reuters. axios.link/3HePdQZ

🚑 LLR Partners invested in TruTechnologies, a Durham, N.C.-based provider of real-time clinical trial oversight. trutechnologies.io

• Vista Equity Partners agreed to buy Bellevue, Wash-based ERP software firm Acumatica from EQT. axios.link/4kDGje1

🚑 Warburg Pincus and KPS Capital Partners are discussing a joint buyout bid for listed German medical packaging firm Gerresheimer, per Bloomberg. Warburg previously had teamed with KKR, which dropped out of the process. axios.link/4dyw20q

🚑 Omada Health, an SF-based chronic care management platform, set IPO terms to 7.9m shares at $18-$20. It would have a $1.2b fully diluted market value, were it to price in the middle, and plans to list on the Nasdaq (OMDA). Omada raised around $450m in VC funding from Revelation Partners, USVP, a16z, Cigna Ventures, aMoon, and NVP. axios.link/3ZGUGWS

• AMD (Nasdaq: AMD) acquired Enosemi, a Sacramento-based maker of photonics subsystems whose backers included Convergent Ventures and Pack Ventures. axios.link/3FvQ6nw

• CMB Tech, a isted Belgian oil tanker group, agreed to acquire shipping firm Golden Ocean Group (Nasdaq: GOGL) for $1.5b in stock. axios.link/4dzvCqC

• E.l.f. Beauty (NYSE: ELF) agreed to buy makeup brand Rhode from Hailey Bieber for $1b. axios.link/3Z2h9xt

• Leidos (NYSE: LDOS) acquired Chantilly, Va.-based cyber-warfare firm Kudu Dynamics for $300m in cash. axios.link/4mADexf

• NTT Docomo is launching a $2.9b tender offer to acquire online bank Net Bank from SBI Holdings (Tokyo: 8473). axios.link/3T3DcjH

⚡ Shell (NYSE: SHEL) agreed to buy a 12.5% stake in a Nigerian oilfield it operates from TotalEnergies (Paris: TTEF) for $510m. axios.link/43zYOJn

• UniCredit (Milan: UCG) paid just over €600m to increase its stake in Greece's Alpha Bank to nearly 20%, per Bloomberg, axios.link/3T2g9pq

• PayPal Ventures named Ian Cox Moya as managing partner. He succeeds James Loftus, who joined Velocity Global as CFO. axios.link/43w16t1

Stocks jumped this morning on a federal court blocking most of the "Liberation Day" tariffs, although the unanimous ruling may raise more pragmatic questions than the legal one it answered.