Illustration: Aïda Amer/Axios
Venture Capital
⚡️Also, a Palo Alto, Calif.-based micromobility and autonomous delivery provider spun out of Rivian, raised $200m in Series C funding at a $1b+ valuation. Greenoaks led, joined by Prysm Capital. Go deeper
🚑 StairMed, a Shanghai-based brain-machine interface startup, raised $69m. Alibaba led, joined by Tencent, Fountainbridge Capital, OrbiMed, Oriza Seed, Qiming Venture Partners, Lilly Asia Ventures, and Source Code Capital. Go deeper
💊 Generare, a Paris-based molecular data platform for drug development, raised €20m in Series A funding. Alven and Daphni led, joined by insiders Galion.exe, Teampact Ventures, and Vives Partners. Go deeper
• Daydream, an SF-based SEO marketing company, raised $15m in Series A funding. WndrCo led, joined by First Round Capital and Basis Set Ventures. Go deeper
• Miravoice, an SF-based AI voice agent startup, raised $6.3m in seed funding. Unusual Ventures led, joined by Neo and 25madison. Go deeper
• Omniscient, a Paris-based decision intelligence platform for C-suites and boards, raised $4.1m in pre-seed funding. Seedcamp led, joined by Drysdale, Plug and Play, MS&AD, Raise, Anamcara, and xdeck. Go deeper
💊 Acurion, a San Diego-based developer of precision oncology cancer biomarkers, raised $4.3m. TK & Partners led, joined by Mesa Verde Venture Partners, Bootstrap Ventures, The National Foundation for Cancer Research, and the Asian Fund for Cancer Research. Go deeper
Private Equity
• American Pacific invested in Dossier, an NYC-based dupe fragrances company. Go deeper
• Bonaccord Capital Partners invested in Prime Finance, an SF-based commercial real estate credit platform. Go deeper
• Olympus Partners invested in Vesta Foodservice, a specialty food-service distribution company focused on the Western U.S. Go deeper
• Superstep Capital merged JumpModel, an IFS ERP and cloud services firm, and Gogh Solutions, an IFS service management specialist. Go deeper
• White Mountains Partners acquired Basesix Systems, a Marietta, Ga.-based provider of building systems integration and aftermarket services. Go deeper
M&A
• Blue Bird Corp. (Nasdaq: BLBD) acquired Girardin's stake in the Micro Bird school bus joint venture for $200m, taking full ownership. Go deeper
Public Listings
• Barrick Mining hired Goldman Sachs to lead the IPO of its North American business, per Bloomberg. Go deeper
Debt
• A group of private credit firms led by Blackstone has refused to extend another lifeline to Medallia, a Thoma Bravo-backed software firm. The lenders could take over the company, resulting in a $5b hit to Thoma Bravo, per Bloomberg. Go deeper
Fundraising
• Women Backing Women, a U.K. fund-of-funds focused on investing in female fund managers, raised £130m toward a targeted £250m. Go deeper
