Pro Premium: First Look

Venture Capital

• Ninja, a Saudi quick delivery startup, raised $250m at a $1.5b valuation led by Riyad Capital. Go deeper

🚑 Terrana Biosciences, a Cambridge, Mass.-based developer of vaccines for plants, launched with $50 million from Flagship Pioneering. Go deeper

🚑 Field Medical, a developer of cardiac ablation technology, raised $35 million in Series B funding led by BioStar Capital and Cue Growth. Go deeper

⚡ Steady Energy, a Finnish small modular reactor startup, raised €32m from such backers as LocalTapiola and Tesi. Go deeper

• Remark, a developer of expert models for e-commerce, raised $16m in Series A funding. Inspired Capital led, joined by Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures. Go deeper

🚑 Circulate Health, a Seattle-based longevity startup focused on "blood cleaning," raised $12m in seed funding led by Khosla Ventures. Go deeper

Private Equity

• Aquiline completed its purchase of SEI's (Nasdaq: SEIC) family office services business (dba Archway). Go deeper

• Audeo Capital invested in Carlson Hall, a Boston-based provider of offshore hiring solutions for U.S. tech startups. carlsonhall.com

• DigitalBridge and La Caisse completed their acquisition of British data center developer and operator Yondr Group from sellers like Apollo. Go deeper

• Harvest Partners acquired The Learning Experience, a Deerfield Beach, Fla.-based provider of early childhood education, from Golden Gate Capital. Go deeper

• Nordic Capital acquired Arcadia, a Boston-based health care data platform. Sellers include Revelation Partners and Cigna Ventures. arcadia.io

• Pact Capital Partners acquired a passive minority stake in Graham Partners, a PE firm focused on manufacturing and tech-enabled services. grahampartners.net

• Stone Point Capital acquired The Difference Card, a Mt. Kisco, N.Y.-based provider of health care cost containment solutions, from Northlane Capital Partners. differencecard.com

• VTIG, an outsourced IT firm owned by The Riverside Co., acquired The Instillery, a New Zealand-based cloud and cybersecurity company. vitg.com.au

Public Offerings

• Brainlab, a German maker of surgical imaging and guidance software, is delaying its domestic IPO. Backers include EMH Capital. Go deeper

Liquidity

• Grammarly, a writing assistant valued by VCs at $13 billion, acquired Superhuman, an email client last valued at $825m from backers like a16z, IVP, First Round Capital, and Tiger Global. Go deeper

• Danone (Paris: BN) acquired Kate Farms, a maker of plant-based foods that had raised over $125m from firms like Goldman Sachs, Novo Holdings, Kaiser Permanente Ventures, and Main Street Advisors. katefarms.com

M&A

• Banco Santander (Madrid: SAN) agreed to buy the U.K. unit of Banco Sabadell (M: SAB) for £2.65b. Go deeper

🚑 Concentra Biosciences, a San Diego-based portfolio company of Tang Capital Partners, agreed to acquire Mountain View, Calif.-based antibody biotech IGM Biosciences (Nasdaq: IGMS) for around $43m, or $1.25 per share. Go deeper

• Concentric AI, a San Jose-based data security platform that's raised around $65m from VCs, acquired both Swift Security, a Fremont, Calif.-based AI security developer, and Acante, a Palo Alto, Calif.-based data access platform. Go deeper

• Euronext (Paris: ENX) said it's in talks to buy the Athens stock exchange operator. Go deeper

📦 Packaging Corp. of America (NYSE: PKG) is acquiring Greif's (NYSE: GEF) containerboard business, including mills in Ohio and Virginia, for $1.8b. Go deeper

Funds

• Ridgemont Equity Partners is raising its fifth fund, per an SEC filing. ridgemontep.com

- Ryan Barwick, Natalie Breymeyer, Erin Brodwin, Colin Campbell, Katherine Davis, Katie Fehrenbacher, Ryan Lawler, Chris Metinko, Alan Neuhauser, and Dan Primack contributed to this report.