Illustration: Brendan Lynch/Axios
Venture Capital
• Flying Tulip, a New York-based on-chain exchange, raised $200m from Brevan Howard Digital, CoinFund, DWF, FalconX, Hypersphere, Lemniscap, Nascent, Republic Digital, Selini, Sigil Fund, Susquehanna Crypto, Tioga Capital, and Virtuals Protocol. flyingtulip.com
⚡️ Oxccu, a British sustainable aviation fuel startup, raised £20.8m in Series B funding from Orlen VC, Safran Corporate Ventures, International Airlines Group, Hostplus, TCVC, Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford. Go deeper
• Flox, a New York-based software lifecycle company, raised a $25m Series B led by Addition, with participation from NEA, D. E. Shaw, Hetz Ventures, and Illuminate Financial. Go deeper
• Polars, a Dutch open-source data startup, raised €18m in Series A funding. Accel led, joined by Bain Capital Ventures. Go deeper
• Lexroom, an Italian legal AI startup, raised $19m in Series A funding. Base10 Partners led, joined by Acurio Partners and View Different. Go deeper
🚑 Neura Health, a New York-based virtual neurology clinic focused on chronic conditions, raised $11.4m in Series A funding led by the American Heart Association's Go Red for Women Venture Fund and joined by Norwest Venture Partners, Koch Disruptive Technologies, Esplanade Ventures, Pear VC, Correlation Ventures, and E12 Ventures. Go deeper
• Willo, a Scottish recruitment platform, raised £3m from Mimecast co-founder Peter Bauer. Go deeper
• Rehuman, a British insure-tech startup, raised funding from Accenture Ventures. Go deeper
Private Equity
• Civica Media, backed by Blackbern Partners, acquired hybrid publishers Amplify Publishing Group and Greenleaf Book Group. Go deeper
🚑 Curvo and BroadJump, two health care data and supply chain technology companies backed by Hughes & Company, merged. Go deeper
• Eagle Merchant Partners invested in ES Integrated, a provider of industrial cleaning, environmental, and waste services across the Southeastern United States. Go deeper
• Lovell Minnick Partners acquired a majority stake in Merchant Industry, a merchant-acquiring fintech. Go deeper
🚑 Resonetics, backed by Carlyle and GTCR, acquired Eden Holdings, a precision manufacturer specializing in injection molding and micro machining solutions for medical devices. Go deeper
Liquidity
• Elliott Investment Management is weighing options for U.K.-based Ark Data Centers, which could fetch more than £3b, per Reuters. Go deeper
M&A
• Fiserv (NYSE: FI) agreed to acquire StoneCastle Cash Management, a provider of deposit funding. Go deeper
Debt
• Span, a San Francisco-based home electrification startup, is raising $70m in debt and options financing and has closed $25m of it, according to an SEC filing. Go deeper
• Energy Vault (NYSE: NRGV), an energy storage company, raised $50m in debenture financing. Go deeper
