Venture Capital
• Krea, an SF-based platform for creatives working with genAI, raised $83m. Bain Capital Ventures led, joined by a16z and Abstract Ventures. Go deeper
• Turbine, a Santa Monica, Calif., provider of credit facilities to venture investors, raised $13m in Series A funding. Alpha Edison and TTV Capital co-led, joined by Fin Capital, B Capital, and Sozo Ventures. Go deeper
• Zero Industrial, a Charleston, S.C.-based thermal energy storage systems company, raised $10m. Evok Innovations led, joined by Rusheen Capital Management. Go deeper
Private Equity
• 3i Group is postponing the £500m sale of MPM, the company behind cat food brand Applaws, per Bloomberg. Go deeper
• Altus Capital Partners and Centerfield Capital Partners acquired ALM Positioners, a Rock Island, Ill., provider of automated positioning equipment for manufacturers. almmh.com
• Comply365, backed by Insight Partners and Liberty Hall Capital Partners acquired Rolls-Royce's SMS business, a provider of safety and compliance systems. Go deeper
• Middle West Partners acquired David Webb, a New York-based jeweler. Go deeper
• New Mountain Capital invested in Office Ally, a Vancouver, Wash., provider of cloud-based clearinghouse and software to health care. Go deeper
• Reichmann Segal Capital Partners acquired OES, a Canadian LED video scoreboard maker, from Ardenton Capital. Go deeper
• Seaside Equity Partners invested in Capstone, a provider of tax, accounting, and advisory services to small and mid-size clients in the Pacific Northwest. capstoneaccounting.com
• Surplus Solutions, a portfolio company of NMS Capital, acquired Certified Genetool, an SF-based provider of lab instruments and services. Go deeper
Public Offerings
• New Providence Acquisition III, a consumer SPAC led by former soft drink execs, filed for a $261m IPO. Go deeper
• Twelve Seas Investment III, a SPAC focused on global companies located outside the U.S., filed for a $150m IPO. Go deeper
Fundraising
• Andros Capital Partners of Houston raised $1b to invest in natural gas and oil assets. Go deeper
• Oncap raised $1.3b for its fifth flagship fund. Go deeper
• FM Capital, a Boulder, Colo.-based VC firm focused on transportation tech, raised $240m for its fourth fund. fmcap.com
• SignalFire, a VC firm focused on applied AI, raised over $1b for its latest fund. Go deeper
It's personnel
• Travis Frey has joined agtech startup Pivot Bio as chief technology officer. Frey was previously CTO at Mindful Care. Go deeper
• Regina Hodits joined Angelini Ventures as a managing director. She previously was with Wellington Partners. Go deeper
