Illustration: Aïda Amer/Axios
Venture Capital
• Feedzai, a Portuguese financial fraud and crime prevention platform, raised $75m at a valuation north of $2b from Lince Capital, Iberis Capital, Explorer Investments Oxy Capital, and Buenavista Equity Partners. Go deeper
• DualEntry, a New York-based ERP startup, raised $90m in Series A funding. Lightspeed and Khosla Ventures led, joined by GV, Contrary, and Vesey Ventures. Go deeper
🚑 Midi, an SF-based provider of women's virtual care, raised $50m in Series C funding led by Advance Venture Partners. Go deeper
🚑 OncoC4, a Rockville, Md.-based biotech focused on cancer and neurodegenerative disease, raised $50m in Series B funding. GBA Fund led, joined by HM Capital, 3E Bioventures Capital, and Kaitai Capital. Go deeper
• Moonlake AI, an SF-based company generating games and simulations using AI, raised $28m in seed funding from Threshold Ventures, AIX Ventures, and NVentures. Go deeper
• Katana, an Estonian inventory management platform for SMBs, raised €14m in Series B extension funding. Cogito Capital Partners led, joined by Fenton/Greer Family Trust, Northzone, Atomico, 42Cap and Lightrock. katanamrp.com
• Kiutra, a German cooling system for quantum tech, raised €13m led by NovaCapital and 55 North. Go deeper
🌎 TiHive, a French provider of industrial inspections for reducing manufacturing waste, raised €8m from Karista, Wind, and EIC Fund. Go deeper
⚡️ OpusFlow, a Dutch provider of software for renewables installers, raised €3.8m. Move Energy led, joined by Rise PropTech and Peak. Go deeper
⚡️Voltai, a Canadian developer of wave-energy systems for ships, raised C$1.8m in pre-seed funding led by Invest Nova Scotia. Go deeper
Private Equity
• Cascadia Windows & Doors of Canada secured growth funding from MKB Equity Partners, Blue Earth Capital, and Canada Growth Fund. Go deeper
• LawnPRO Partners, backed by HCI Equity Partners, acquired Mass.-based Sea of Green Lawn Care. Go deeper
⚡️ Madison Energy Infrastructure, backed by EQT, acquired the distributed generation development platform of NextEra Energy's (NYSE: NEE) renewables arm. Go deeper
• Spectrum Equity invested $180m in CyberCube, an SF-based risk modeling SaaS. Go deeper
⚡️ Strategic Value Partners agreed to acquire 32% of Carroll County Energy, a 700-mw natural gas-fired combined-cycle generation facility in Carrollton, Ohio. Go deeper
• TA Associates acquired a majority stake in FinQuery, an Atlanta-based provider of accounting automation software. Go deeper
🚑 Vee Healthtek, backed by TA Associates, acquired Precision Practice Management, a St. Louis-based health care revenue cycle management company. Go deeper
Liquidity
• KPS Capital Partners is seeking a buyer for Pemco, a Belgian enamel coatings and glass company, per PE Hub. Go deeper
🚑 Wysa, a provider of telemental health tools, acquired Kins, a New York-based provider of physical therapy tools whose investors included Redesign Health and Wysa backer W Health Ventures. Go deeper
M&A
• Armani made informal approaches to potential buyers for a minority stake in the company, per Reuters. Go deeper
Fundraising
• 55 North of Denmark raised €134m toward a targeted €300m quantum-focused fund. Go deeper
🌎 Creator Fund, a U.K.-based preseed investment firm focused on Ph.D. founders, raised a $41m deep-tech fund. Go deeper
It's Personnel
• Bret Stancil joined law firm Jones Day as a partner focused on M&A. He previously was with Latham & Watkins. Go deeper
🌎 Jaycee Pribulsky joined Apollo Global Management as partner and chief sustainability officer. She previously was Nike's chief sustainability officer. Go deeper
Odds & Ends
⚡️ The U.S. Energy Department terminated $7.6b in financial awards for 223 low-carbon projects. Go deeper
- Ryan Barwick, Natalie Breymeyer, Erin Brodwin, Colin Campbell, Katherine Davis, Katie Fehrenbacher, Ryan Lawler, Chris Metinko, Alan Neuhauser, Dan Primack, and Brock E.W. Turner contributed to this report.
