Illustration: Sarah Grillo/Axios
Venture Capital
• Walden Robotics, a Cambridge, Mass.-based robotics startup, raised a $300m round that values the company at $1.1b. Toyota and Deviation Capital co-led, joined by Nvidia, Boeing, AE Ventures, Samsung Ventures, Prologis Ventures, CoreWeave Ventures, and financial partners Calibrate Ventures, Colle Capital, Shine Capital, NextView Ventures, Squarepoint Capital, One Madison Group, KAS Venture Partners, and Menlo Ventures. Go deeper
🚑 Hemispheric, an Israeli brain-mapping AI company, raised $52m from Hanaco Ventures, OneMind/Awareness Capital, Protocol Labs, L Catterton and Arkin Capital. Go deeper
• Monumental, a Dutch construction automation startup, raised a $32m Series B. Khosla Ventures led, joined by Hummingbird and Plural. Go deeper
🚑 TytoCare, an NYC–based remote physical examination startup, raised more than $25m in a round led by Insight Partners with participation from existing strategic investors. Go deeper
• Rime, an SF-based enterprise voice AI startup, raised a $24m Series A. M13 led, joined by Twilio Ventures, Corazon Capital, and Unusual Ventures. Go deeper
• Cyclops, a Miami-based stablecoin infrastructure company, raised a $20m Series A led by Nava Ventures. Castle Island Ventures, Coinbase Ventures, Circle, Lasagna Ventures and Global PayTech Ventures joined. Go deeper
• Glacis Labs, an NY-based crypto infrastructure company, closed a $6.8m seed round led by Lightspeed Faction. Franklin Templeton, Coinbase Ventures, Again (formerly IDC Ventures), Protein Capital, and Techni Ventures joined. Go deeper
• Float, a Swedish financing platform for tech SMEs, raised €4.5m in Series A funding led by Chapters Group AG. Go deeper
• Proaction, a Des Moines, Iowa-based AI fleet management company, raised $4.2m from GTMfund, Breakers, Aviso Ventures, and Iowa InnoVenture, and existing investors Holman Growth Ventures and the Iowa Economic Development Authority. Go deeper
Private Equity
• ADC Aerospace, backed by GreyLion, acquired Hyatt Die Cast & Engineering Corp., a Cypress, Calif.-based manufacturer of aluminum and zinc die castings. Go deeper
• Amplix, a Gemspring Capital portfolio company, acquired One Connect, a St. Petersburg, Fla.-based technology marketplace guide. Go deeper
⚡️ Ardian acquired a majority stake in Munich Electrification, a German battery management systems and electronics components company. Go deeper
• Caltius Equity Partners invested in SaaS Consulting Group, an Austin, Texas-based provider of business transformation services for mid-market organizations. Go deeper
• Cutting Edge Group acquired Brian Tyler's catalogue of music rights. Tyler composed scores for "Fast and Furious" and "Yellowstone." Go deeper
• Health Wave Partners acquired Alamar Senior Living, a Wellington, Fla.-based assisted living community. Go deeper
• Kroll, backed by Stone Point Capital and Further Global, acquired ABC Economics, a German economics and global competition advisory firm. Go deeper
• The New York Yankees are in advanced talks to raise nearly $3b, mostly debt, from Apollo, per Bloomberg. Go deeper
• Podean, backed by Mountaingate Capital, acquired Social Commerce Club, a Vancouver-based TikTok Shop social commerce agency. Go deeper
🚑 Raintree, backed by Serent Capital, acquired Spike Technologies, an NYC-based ambient scribe company. Go deeper
• Skybound Service Partners, backed by Garnett Station Partners, acquired three roofing companies: Lewiston, Pa.-based David M. Maines & Associates; Bradenton, Fla.-based Unicoat Industrial Roofing; and Helena, Ohio-based Technique Roofing Systems. skyboundservicepartners.com
• Veritas Capital agreed to acquire BGIS, a Canadian integrated facilities management services company, from CCMP Capital Advisors and Alberta Investment Management Corporation. Go deeper
Liquidity
• FalconX, a crypto prime brokerage valued by VCs at $8b, acquired bloXroute, a Chicago-based blockchain trading company that raised nearly $92m from Coinbase Ventures, Pantera Capital, and SoftBank Investment Advisers. Go deeper
Public Offerings
💊 Braveheart Bio, an SF-based cardiovascular biotech backed by a16z, filed for a Nasdaq IPO. Go deeper
• Churchill Capital XIII, a SPAC founded by Michael Klein, filed plans to raise $300m in an IPO. The company plans to list on the Nasdaq under the symbol XIIIU. Go deeper
⚡️Standard Nuclear, the Oak Ridge, Tenn.-based advanced nuclear fuel manufacturer, slashed its planned IPO by 58%, per Renaissance Capital. The company now plans to offer 10m shares for $15, down from 18.3m shares for $18-21. The company plans to list on the NYSE under the ticker STDN. Go deeper
💊 Tarsier Pharma, an Israeli ocular disease biotech, increased the number of shares it plans to offer to nearly 5.6m from 5m, and is still targeting a range of $8-10. The company plans to list on the NYSE under the symbol TARX. Go deeper
