Venture capital
• Glossier, a New York-based beauty brand, is seeking to raise $100m at a valuation below $1b (down from $1.8b in 2021), per Puck. Go deeper
• Jobandtalent, a Spanish short-term work platform, raised €92m in Series F funding at a €1.3b valuation (down from €2.1b in 2021) from Atomico, BlackRock, DN Capital, Hercules, InfraVia, Kibo, and Kinnevik. Go deeper
• Incident.io, a London-based incident management startup, raised $62m in Series B funding at a $400m valuation. Insight Partners led, joined by insiders Index Partners and Point Nine. Go deeper
• nEye Systems, an Emeryville, Calif.-based optical switch startup, raised $58m in Series B funding led by CapitalG, with participation from M12, Micron Ventures, Nvidia, and Socratic Partners. Go deeper
• Meanwhile, a Bitcoin-denominated insurer, raised $40m in Series A funding led by Framework Ventures and Fulgur Ventures, joined by Wences Casares. Go deeper
• Solix DePIN, a German developer of decentralized physical infrastructure networks, raised $29.5m from Eclip Foundation. Go deeper
• Ominimo, a Polish insurtech, raised €10m at a €200m valuation from Zurich Insurance Group. Go deeper
• Treble Peak, a British platform for accessing private markets, raised £5m from René Beltjens, Tor Erland Fyksen, and Just Arne Storvik. Go deeper
• Damisa, a British cross-border payments startup, raised £2.25m in pre-seed funding led by Fuel Ventures, with participation from EWOR and Greyhound Capital. Go deeper
• Inventex, a Salt Lake City-based patent application automation startup, raised $2.4m in pre-seed funding from Conviction Capital, Fred Ehrsam, and Cambrian Ventures. Go deeper
🚑 Illumicell AI, a Boston-based portable lab scanner and diagnostics provider, raised $2m in pre-seed funding from KOFA Healthcare, Harvard Phoenix Venture Fund, and MedTechSyndicates. Go deeper
Private equity
• Ampam Parks Mechanical, a portfolio company of Gemspring Capital, acquired Seal Electric, an El Cajon, Calif.-based electrical services provider for the multifamily market. Go deeper
• Blackstone will pay $718m for a portfolio of 25 warehouses in Texas from Crow Holdings. Go deeper
• Wind Point Partners acquired Sigma, a New Jersey-based maker of waterworks infrastructure products. www.sigmaco.com
Liquidity
• OpenGate agreed to sell Player One, a Toronto-based amusement services provider, to GENDA (Tokyo: 9166). Go deeper
M&A
💊 Keros Therapeutics (Nasdaq: KROS), a Lexington, Mass., biotech with around a $400m market cap, is weighing a sale, per FierceBiotech. Go deeper
• Crisp, a Bentonville, Ark.-based retail data platform, acquired U.K.-based Atheon Analytics and ClearBox Analytics. Go deeper
Fundraising
• Arthur Ventures of Minneapolis raised $395m for its sixth flagship fund, $205m for its fourth growth fund, and $200m for its first buyout funds, per SEC filings. arthurventures.com
It's Personnel
• Martyn Curragh, former CFO and head of portfolio strategy at PwC, joined Warburg Pincus as a senior adviser. Go deeper
• Gray Robinson joined Congruent Ventures as a partner. She previously was with Xplor Technologies. Go deeper
• Michael McHugh left Q Advisors to join the investment banking arm of Citizens as a managing director. Go deeper
