Illustration: Brendan Lynch/Axios
Venture Capital
• Gatik, a developer of self-driving box trucks, raised $200m. QIA and Koch Disruptive Technologies led, joined by Millennium Management, ARK Invest, and Intact Private Capital. Go deeper
• StabilityAI, an LA-based developer of audio models, raised $76m in Series B funding from Universal Music Group, Sony Music Group, Warner Music Group, and Electronic Arts, AMD Ventures, Pacific Alliance Ventures, Coatue, Greycroft, Eric Schmidt, and Sean Parker. Go deeper
• Liner, an AI search engine, raised $36.1m in Series C funding from LB Investment, InterVest, Atinum Investment, CJ Investment, KB Securities, Korea Development Bank, Daishin Securities, STIC Ventures, and Helios Private Equity. Go deeper
• Celera Semiconductor, a Santa Clara, Calif.-based analog chip developer, raised a $30m Series B from Maverick Silicon. Go deeper
• Hivemind Digital Group, a New York-based tokenization infrastructure company, raised $17m. M&G Investments led, joined by CPIC Investment Management, ZA Bank, FalconX, and Sonic Boom Ventures. Go deeper
• Newcode, a Norwegian AI orchestration platform for law firms, raised €11m in Series A funding. OnDean Forward led, joined by The LegalTech Fund, Antiportfolio Ventures, and Rel Labs. Go deeper
• Dolce Glow, a self-tanning product brand, raised $11m in Series A funding led by Cavu Consumer Partners. Go deeper
🚑 OmicsBank, an SF-based clinical data infrastructure company, raised $2.3m in seed funding from Redesign Health. Go deeper
Private Equity
🚑 360training, a portfolio company of GreyLion and Vestar Capital Partners, acquired select assets of eMedCert, including its life support certification training. Go deeper
• HighGrove Partners acquired O&A Landscaping, an Orlando-based commercial landscaping company. Go deeper
• Kelso & Co. invested in Bearing Distributors, a Cleveland-based distributor of bearings, power transmission and fluid power products. Go deeper
• NewBold Technologies, a Fort Point Capital portfolio company, acquired Spencer Technologies, a Medway, Mass.-based "tech lifecycle partner" to multi-site retail and hospitality brands. Go deeper
• Sound Growth Partners invested in Diamond Art Club, a diamond painting kit maker. Go deeper
• Superstep Capital acquired Zencore, an independent Google Cloud consultancy. Go deeper
• Vistria Group agreed to buy a majority stake in Curi Capital, a Chicago-based RIA with over $14b in assets under advisement. Go deeper
• Vital Records Control, backed by Windjammer Capital, acquired AI platform company AskTuring. Go deeper
Liquidity
• Gamma, a presentation tool valued by VCs at $2b, acquired Lica, a design startup seeded by Accel. Go deeper
🚑 Sword Health is in talks to acquire Headspace, an online mental health provider, for cash, per 9fin. Khosla Ventures, Spectrum Equity, and Advance Venture Partners back Headspace. Headspace was last valued at $3b. Go deeper
M&A
• Tokio Marine (Tokyo: 8766) is weighing a takeover bid for Australian insurer Suncorp Group (ASX: SUN), per the FT. Go deeper
🚑 Switchboard Health acquired Livara Health, a San Diego, Calif.-based virtual orthopedics management company. Go deeper
It's Personnel
• Paul Murphy, former CEO of Cadence Bank, joined LDR Partners as a partner. Go deeper
