Illustration:Aïda Amer/Axios
Venture Capital
🚑 Lila Sciences, a Cambridge, Mass.-based developer of autonomous scientific labs, is in talks to raise $2b at an $8.5b pre-money valuation, led by CalPERS and NVentures, per Bloomberg. Go deeper
• Suno, a Cambridge, Mass.-based AI music developer, raised over $400m in a Series D at a $5.4b post-money valuation. Bond Capital led, joined by IVP, Forerunner, USV, Alkeon, Quiet, Matrix, Lightspeed, Menlo Ventures, and Schroders Capital. Axios Pro Flashback
• Tripo AI, a developer of real-world models, raised nearly $200m from INCE Capital, China Life Science & Technology Innovation Fund, Shenzhen Capital Group, and Genesis Capital. Go deeper
💊 Collate, an SF-based maker of AI paperwork tools for biotech, raised $95m at a near $1b valuation. Redpoint Ventures led. Go deeper
• Lassie, an SF-based admin automation platform, raised a $35m Series A led by Andreessen Horowitz. Go deeper
• Uncover, a Brazilian marketing and media measurement platform, raised a $16m Series A led by Cloud9 Capital, joined by ABSeed Ventures and Endeavor. Go deeper
•Westmag, an SF-based manufacturer of drone motors and robot actuators, raised $11m in seed funding. A16z led, joined by Founders Fund, Lux Capital, NFDG, and Menlo Ventures. Go deeper
• Shifters, a Washington-based battlefield robot developer, raised a $10.2m seed. Ace Capital Partners led, joined by Aurelius Capital Management, Corner Ventures, Arkin Capital, and Fresh Fund. Go deeper
Private Equity
• Digital Fuel Capital and Timex Group invested in Jane Win Jewelry, a Wayne, Pa-based designer of coin jewelry and charms. Go deeper
• Elite Equipment Rentals, an Ironwood Capital portfolio company, acquired ISG, a Richmond, Va.-based provider of equipment distribution and rentals. Go deeper
• Harbor, a BayPine Capital portfolio company, acquired CE Global Partners, a U.K. HR and payroll transformation advisor. Go deeper
🚑 Helio Health Group, a tech-enabled services company for pharma and health care, raised minority funding from WestView Capital Partners. Go deeper
🚑 HPS Investment Partners agreed to acquire Irvine, Calif.-based Discovery Behavioral Health from Webster Equity. Go deeper
• Littlejohn & Co. acquired Milrose Consultants, an NYC-based engineering and architecture services provider, from Southfield Capital. Go deeper
• Neo4j, backed by Noteus Partners, agreed to acquire GraphAware, a London-based provider of analysis software for government agencies. Go deeper
• Peak Rock Capital acquired Dalziel, a Scottish provider of savory seasonings, meat solutions and sundries to the food industry. Go deeper
• PSG invested in Dockwa, a Newport, RI-based provider of marina software. Go deeper
🚑 Sheridan Capital Partners acquired a majority stake in Tres Health, a Boca Raton, Fla.-based health insurer. Go deeper
• Sitecore, an EQT portfolio company, acquired Scrunch, an AI customer experience platform, for $225m. Scrunch had raised $19m from firms like Decibel Partners, Mayfield, Homebrew, and Jetstream. Go deeper
Public Offerings
• Aeon Acquisition I, a pro sports SPAC formed by The Aeon Group and Octagon Basketball Europe, raised $125m in a downsized IPO. Go deeper
• AmperCap Acquisition, a SPAC led by the founders of AmperCap, raised $125m in its IPO. Go deeper
• Keystone Acquisition, a SPAC led by Richard Chin (co-CEO of Solidigm), raised $250m in its IPO. Go deeper
• Norient Acquisition, a SPAC backed by ARC Group, filed for a $105m IPO. Go deeper
Liquidity
🚑 ResMed (NYSE: RMD) acquired Noctrix Health, a Pleasanton, Calif.-based maker of wearables for neurological conditions, from Angelini Ventures for $340m. Go deeper
🚑 Huron (Nasdaq:HURN) acquired RelateCare, an Irish patient communications firm, from MML Growth Capital Partners Ireland. Go deeper
It's Personnel
• Jordan Robinson joined Fairview Capital Group as a managing director and head of biz dev. He previously was with Prospect Capital Management. Go deeper
• Michael Zhou, co-founder of calendar app Vimcal, joined Eniac Ventures as a principal. Go deeper
