Illustration: Aïda Amer/Axios
Venture Capital
💊 Antares Therapeutics, a Boston and South San Francisco biotech, raised $177m in Series A funding from Omega Funds, Atlas Venture, Lightspeed Venture Partners, BVF Partners and Cormorant Asset Management. Go deeper
• Beewise, a San Ramon, Calif.-based maker of robotic beehives, raised $50m in Series D funding from Fortissimo Capital, Insight Partners, APG Asset Management, lool Ventures, Badiya Capital, Marav Mazon Group, and Austin Hearst. Go deeper
⚡ Mitra Chem, a Mountain View, Calif.-based battery materials startup, is raising $50m and has closed $15.6m of it, per TechCrunch. Go deeper
• Tebi, a Dutch hospitality ops startup, raised €30m. CapitalG led, joined by Index Ventures. Go deeper
• Daybreak, an SF-based supply chain planning software, raised $15m in Series A funding from TPG Growth and Dell Technologies Capital. www.daybreak.ai
• Remarcable, a Cleveland-based procurement platform for the construction industry, raised a $15m Series A round led by Insight Partners. Go deeper
🚑 Guidehealth, a Dallas-based provider of care navigation and patient predictive analytics tools, received $10m from Emory Healthcare. Go deeper
• Shovels, an SF-based building permits platform, raised $5m led by Base10 Partners. Go deeper
⚡Apis Point Energy, a New York-based provider of fuel pricing software, raised $4.2m in Series A funding led by Merrin Investors. Go deeper
Trustible, an Arlington, Va.-based AI compliance platform, raised $4.6m in seed funding led by Lookout Ventures. Go deeper
Private Equity
💊 Advent International invested $175m in Felix Pharmaceuticals, a maker of generic veterinary drugs. Go deeper
• Bain Capital invested in Arcos, a Columbus, Ohio-based infrastructure software provider. www.arcos-inc.com
• International Wire Group, an Olympus Partners portfolio company, agreed to buy Hussey Copper, a Leetsdale, Pa.-based processor and fabricator of copper products, from KPS Capital Partners. internationalwire.com
• Nordic Capital invested in Minerva Imaging, a Danish radiopharma services company. minervaimaging.com
• Trilantic invested in Lifetime Quality Roofing, an Ohio-based provider of residential and commercial roof replacement and exterior restoration services. lifetimequalityroofing.com
• Westland, a Canadian insurance broker backed by Ontario Teachers, acquired British Columbia-based Dave Dale Insurance Agencies. Go deeper
M&A
• SES of Luxembourg received unconditional EU regulatory approval for its $3.1b purchase of satellite company Intelsat. Go deeper
Fundraising
• Churchill Asset Management raised $1.5b for its second co-investment fund. Go deeper
• Plug and Play raised $50m for a seed-stage fund focused on fintech and AI. plugandplaytechcenter.com
It's Personnel
• Guillermo Baygual is leaving JPMorgan, where he's global co-head of the bank's infrastructure and strategic investors group, per Bloomberg. Go deeper
• Giacomo Greggio joined Canyon Partners as a London-based SVP in its EMEA capital formation group. He previously was with Barings. Go deeper
Debt
• Vantage Data Centers, a Denver-based data center operator, raised $820m via asset-backed securities against four German data centers. Go deeper
⚡Soltage, a Jersey City, N.J.-based power producer, raised $260m via a construction and term debt financing facility for solar and storage projects. National Bank of Canada led, joined by First Citizens Bank, BankUnited, Cadence Bank, and Siemens Financial Services.
Odds & ends
• Skyways, an Austin, Texas-based autonomous drone-maker, was awarded $37m by the U.S. Air Force's AFWERX program. Go deeper
