Illustration: Tiffany Herring/Axios
Venture capital
• Agility Robotics, the humanoid robot maker led by Peggy Johnson, is raising $400m at a $1.75b pre-money valuation. WP Global's private equity arm is leading the round with participation from SoftBank, per the Information. Go deeper
• Chef Robotics, an SF-based maker of meal assembly robots, raised $20.6m in Series A funding. Avataar Ventures led and was joined by Construct Capital, Bloomberg Beta, and Promus Ventures. It also raised $22.5 in equipment financing. chefrobotics.ai
• Ribbon, a Toronto-based voice AI recruitment platform, raised US$8m. Radical Ventures led and was joined by Social Leverage, Cadenza Ventures, and GD1. ribbon.ai
• OpenTug, a Seattle-based maritime logistics software business, raised $2.2m led by TMV. Go deeper
Private Equity
🚑 Astorg launched Nexpring Health, a Beverly, Ma.-based fertility care business formed through the combination of Hamilton Thorne, Cook Medical's Reproductive Health business, and the soon-to-be-closed acquisition of FUJIFILM Irvine Scientific's Medical Media Business. Go deeper
🚑 AvaSure, a Belmont, Mich.-based virtual care tools company backed by Heritage Group, acquired Nurse Disrupted, a Madison, Wis.-based provider of virtual nursing software. Go deeper
🚑 American Medical Staffing, a Timonium, Md.-based medical staffing firm, acquired Nexus Therapy, a Bellingham, Wash.-based provider of professional services to school districts. AMS backers include Hauser Private Equity, Great Point Partners, and Stonehenge Partners. americanmedicalstaffing.com
• CloudBolt acquired StormForge, an Arlington, Va.-based provider of Kubernetes resource optimization solutions. Both are Insight Partners portfolio companies. Go deeper
🚑 Veltris, backed by Trive Capital and BayLink Capital, acquired BPK Technologies, a Minnetonka, Minn.-based maker of custom health care software. Go deeper
Public Offerings
• Windrose, a Belgian electric truck maker, plans to file paperwork within the next month to raise at least $400m in a U.S. IPO, per the NY Times. Go deeper
M&A
🚑 DHL, the German logistics firm, acquired U.S. pharma logistics firm Cryopdp. Go deeper.
• Mechanics Bank offered to acquire Seattle-based lender HomeStreet, (Nasdaq: HMST) via a $300m reverse merger. Go deeper
⚡ RWE, the German energy company, said Norway's sovereign wealth fund Norges Bank Investment Management will acquire a 49% stake in two North Sea offshore wind projects for €1.4 billion. Go deeper
• Sempra (NYSE: SRE) announced plans to sell some Mexico assets and a minority stake in its Sempra Infrastructure unit. axios.link/4c9gH5M
Credit
• Imprint, a New York-based co-branded credit card startup, closed on a $500m warehouse facility led by Mizuho, Truist Bank, and HSBC. Go deeper
Fundraising
• Bpifrance plans to launch a €25m fund to support French crypto businesses. Go deeper
• EA Ventures, the VC arm of EA Group Holding, launched a €20m early-stage European fund in partnership with Plug and Play. Go deeper
• Waterous Energy Fund raised around $1b for its third fund, with plans to buy small Canadian oil producers. Go deeper
