Pro Rata Premium: First Look

Venture Capital

• Altruist, a provider of custodian software for RIAs, raised $152m in Series F funding at a $1.9b valuation. GIC led, joined by Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, and Iconiq Growth.Venture Capital. Go deeper

🚑 Biolinq, a developer of wearable glucose monitoring devices for Type 2 diabetes, raised $100m in Series C funding led by Alpha Wave Ventures. Go deeper

🚑 Healthee, a NYC-based health benefits startup, raised $50m in Series B funding led by Key1 Capital. Fin Capital, Glilot Capital Partners and Group11​ participated. Go deeper

• Sentra, a New York-based data security platform, raised $50m in Series B funding. Keyl Capital led, joined by Bessemer Venture Partners, Zeev Ventures, Standard Investments, and Munich Re Ventures. Go deeper

• Northwood Space, a developer of shared infrastructure for satellite backhaul, raised $30m in Series A funding co-led by a16z and Alpine Space Ventures. Go deeper

• UbiQD, a Los Alamos, N.M.-based quantum dot tech company, raised $20m in Series B funding led by Phoenix Venture Partners, with participation from Builders VC, Azura Group, Builders Vision, Stout Street Capital, and Seraph Partners. Go deeper

• Uniqus Consultech, a consultancy for ESG, risk, and accounting, raised $20m in Series C funding. Nexus Venture Partners led, joined by Sorin Investments. uniqus.com

• Deep Infra, a Palo Alto-based provider of AI model inference services, raised $18m in Series A funding co-led by insiders Felicis and Georges Harik. Go deeper

🌎 GreenFi (fka Aspiration), a climate-oriented banking services firm, raised $17m from undisclosed investors. Go deeper

• Lace AI, a Mountain View, Calif.-based revenue generation software startup, raised $14m in seed funding. Bek Ventures led, joined by Horizon VC and Launchub. Go deeper

• Arch Labs, a Bitcoin infrastructure startup, raised $13m in Series A funding led by Pantera Capital at a $200m valuation. Go deeper

• Adaptive, an SF-based no-code startup, raised $7m led by Pebblebed, with participation from Conviction Partners, Jake Paul's Anti Fund, Radical Ventures, and Robolx CEO David Baszucki. Go deeper

🌎 51toCarbonZero, a British B2B emissions data provider, raised £3m led by Fuel Ventures. Go deeper

• Tella, a screen-recording startup, raised $2.1m in seed funding led by Gradient Ventures. Go deeper

💊 GenrAb, a Dallas-based developer of neuroprotective therapies, raised $5.6 million in seed funding led by Actium Group. Go deeper

Private Equity

• Creator Partners and Servco agreed to buy Reverb, an online marketplace for musical instruments and equipment, from Etsy (Nasdaq: ETSY). Go deeper

🚑 IDS, an imaging platform backed by HCAP Partners, acquired First Choice Mobile Radiology, a provider of mobile imaging services in Southern California. fcmrs.com

🚑 Investindustrial agreed to buy DCC's (LSE: DCC) health-care unit for £1.1b. Go deeper

• Marlin Equity Partners acquired a majority stake in Didomi, a French provider of data privacy and consent management software with over $40m from backers like Elephant VC and Breega. Didomi acquired server-side tagging platform Addingwell. didomi.io

Public Offerings

• Ather Energy, an Indian e-scooter maker, cut its proposed Mumbai IPO size by 18% to around $308m. It's raised around $125m from firms like Hero MotoCorp and GIC. Go deeper

M&A

🚑 Clearwater Analytics (NYSE: CWAN) completed its $1.5b acquisition of Enfusion (NYSE: ENFN), a Chicago-based provider of investment management and hedge fund SaaS. Go deeper

• Feedzai, a financial risk management platform that's raised nearly $300m, acquired DemystData, a data workflow orchestration platform backed by Notion Capital. feedzai.com

It's Personnel

• Apollo Global Management named Gary Cohn as lead independent director. It also said that CEO Marc Rowan will add the title of board chair, replacing Jay Clayton. Go deeper

• Andy Bredar joined Radical Ventures as an investor. He previously was with Anthropic. Go deeper