First Look: Pro Rata Premium

Venture Capital

⚡️Radiant Industries, an El Segundo, Calif.-based microreactor developer, raised $165m in Series C funding led by DCVC Management, joined by Giant Ventures Global and StepStone Group. Go deeper

• Atmosphere TV, an Austin, Texas-based business-focused streaming platform, raised $62.7 million in growth capital from Trinity Capital. Go deeper

• Chalk, an SF-based data platform for AI/ML, raised $50m in Series A funding at a $500m valuation. Felicis led, joined by Triatomic Capital and insiders General Catalyst, Unusual Ventures, and Xfund. Go deeper

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

• Conduit, a cross-border stablecoin payments platform, 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. Go deeper

• Rillet, a New York-based ERP to automate accounting, raised $25m in Series A funding. Sequoia Capital led, joined by First Round Capital, Creandum, and Susa Ventures. Go deeper

🌎 Prairie Aquatech, a Brookings, S.D.-based developer of plant-based fish food, raised $16m, per an SEC filing. Go deeper

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

• Inven, a Finnish deal sourcing platform, raised $12.8m in Series A funding co-led by Ventech and Vendep Capital, with participation from Lifeline Ventures and Joint Effects. Go deeper

🚑 AssistIQ, a Canadian provider of computer vision tech for surgical supply chain management, raised $11.5m in Series A funding led by Battery Ventures with participation from insider Tamarind Hill. assistiq.ai

• Context, a startup building an AI-focused office suite, raised $11m in seed funding at a $70m valuation. Lux Capital led, joined by Qualcomm Ventures and General Catalyst. Go deeper

⚡️Atomic Canyon, a San Luis Obispo, Calif.-based B2B software developer for nuclear energy developers, raised $7m in seed funding led by Energy Impact Partners, joined by Commonweal Ventures, Plug and Play Ventures, Tower Research Ventures and Wischoff Ventures. Go deeper

🌎 Leeta Materials, a Santa Barbara, Calif.-based sustainable materials developer, raised $4.5m, per an SEC filing. Go deeper

• Rumi, a content engagement and interaction rewards startup, raised $4.7m in pre-seed funding from a16z, CSX, and EV3. Go deeper

• Outmin, an Irish AI bookkeeping platform, raised €4m in funding led by Praetura Ventures. Go deeper

• 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. Go deeper

• Litehaus, a Portuguese construction tech startup, raised €1.46m in pre-seed funding co-led by Cornerstone VC and Explorer Fund, with participation from Claster Group and Pascal Levy. Go deeper

Private Equity

• Advent International is in talks to buy French broker Kereis from Bridgepoint for more than €2b, per Bloomberg. Go deeper

• Brookfield Asset Management and CDPQ agreed to buy Illinois-based lab supplies maker Antylia Scientific from GTCR for $1.34b. Go deeper

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

• 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. Go deeper

Liquidity

• Invoca, a revenue execution platform valued around $1.1b, acquired Seattle-based AI consumer experience startup Symbl.ai, which had raised over $23m from firms including GreatPoint Ventures. Go deeper

M&A

• Leidos (NYSE: LDOS) acquired Chantilly, Va.-based cyber-warfare firm Kudu Dynamics for $300m in cash. Go deeper

🌎 FoodYoung Labs, a Swiss lab and venture studio, acquired MeliBio, an Oakland, Calif.-based bee-free honey developer. Go deeper

Fundraising

🌎 Great Circle Ventures, an NYC- and Santa Monica, Calif.-based sustainable food tech investor, raised $8.5m toward a targeted $25m, per an SEC filing. Go deeper

🌎 Ezra Climate, a financial software developer for climate companies, raised $7.6m toward a targeted $8.8m, per an SEC filing. Go deeper

Odds & ends

⚡️ Peter Carlsson, former CEO of bankrupt battery maker Northvolt, was questioned by Swedish police as part of an involuntary manslaughter investigation tied to alleged workplace safety violations, per Sifted. Go deeper

It's personnel

• PayPal Ventures named Ian Cox Moya as managing partner. He succeeds James Loftus, who joined Velocity Global as CFO. Go deeper

🌎 Thijs Bosch was named CEO of The Protein Brewery, a Dutch plant-based ingredients developer. Bosch was managing director at Cosun. He succeeds Sue Garfitt. Go deeper

🌎 Michael Southworth was named CEO of Assent, a Canadian supply chain sustainability company. Southworth was CEO of Babel Street. He succeeds Andrew Waitman. Go deeper

⚡️ Matthew Christiansen joined law firm Wilson Sonsini Goodrich & Rosati as a partner in its energy and climate solutions practice in D.C. Christiansen was general counsel of the Federal Energy Regulatory Commission. Go deeper