Illustration: Aïda Amer/Axios
Venture Capital
• Dash0, a NYC-based observability startup, raised $110m at a $1b valuation led by Balderton Capital. DTCP, Accel, Cherry Ventures and Dig Ventures participated. Go deeper
• Doss, an SF-based inventory management startup, raised $55m in a Series B round co-led by Madrona and Premji Invest, with Intuit, Theory Ventures, General Catalyst, Contrary Capital and Greyhound Capital participating. Go deeper
🚑 Stedi, a health care clearinghouse, raised $50m Series C funding led by Addition, with participation from Stripe, Ribbit, USV, First Round, BoxGroup, and Bloomberg Beta. Go deeper
🚑 JAAQ, a behavioral health and digital engagement platform, raised $17 million from Meridian Health Ventures, Fuel Ventures, Bolt Angels and Guinness Ventures. Go deeper
• Cauldron Ferm, an Australian biomanufacturing startup, raised $13.25m Series A2 led by Main Sequence Ventures and including Horizons Ventures, SOSV, and NGS Super. Go deeper
• Onit Security, an Israeli agentic exposure management startup, raised an $11m seed led by Hetz Ventures and Brightmind Partners. Go deeper
• Zevero, a British carbon management platform, secured $7m from Spiral Capital, Gazelle Capital and Deep 30. Go deeper
• BrainGrid, an SF-based product planning startup, raised a $1m pre-seed round. Menlo Ventures led, joined by Next Tier Ventures and Brainstorm Ventures. Go deeper
• Erebor Bank, a Columbus, Ohio-based stablecoin bank, received an investment from the Fundrise Innovation Fund. Go deeper
Private Equity
• Advent International, has agreed to acquire the body care and fragrance company Salt and Stone. Previous minority investor Humble Growth will exit. Go deeper
⚡Agila Investments invested $255m in ArtIn Energy, a renewable energy infrastructure platform, valuing it at $14.6b. Go deeper
• Ares and other investors invested into Convene Hospitality Group, which operates co-working and events spaces. TPG was named a new lender, for a total of $230m in this tranche. Go deeper
• Ascent Sports Group acquired LiveBarn, a Montreal-based provider of video and analytics for ice hockey and other sports. Go deeper
• Bansk has agreed to acquire a majority stake in Minneapolis, Minn.-based wellness shot company So Good So You, which previously received an investment from Prelude Growth Partners. Go deeper
🚑 Hopper OS, backed by GPI, acquired Efferent, a health care informatics company. Go deeper
• Main Post is making a minority investment in the Carson City, Nev.-based pretzel maker Stellar Snacks. Go deeper
• Princeton Equity Group invested in KidStrong, a franchisor of science-based kids training programs. Go deeper
• Wealth Partners Capital Group and HGGC are investing in Verdence Capital Advisors, a Hunt Valley, Md.-based private wealth advisory and multi-family office. Go deeper
M&A
• Taylor Farms, a Salinas, Calif.-based farmer, has acquired greenhouse company Equinox Growers from Generate Capital. Go deeper
• Vertiv, a Westerville, Ohio-based data center developer, is acquiring heat management company ThermoKey. Go deeper
Fundraising
• Hummingbird Ventures, a European VC firm, is raising $800m split between a $600m growth fund and $200m early-stage fund. Go deeper
• ParaFi, an NYC-based crypto VC firm, raised $125m for a new fund. Go deeper
• VitaminºC, based in Zurich and San Francisco, announced the first close of its €18m early-stage climate fund. Go deeper
Odds and Ends
• Mirage, maker of video editing app Captions, raised $75m in financing from General Catalyst's CVF. Go deeper
