Illustration: Natalie Peeples/Axios
Venture Capital
• Lambda, a San Jose, Calif.-based provider of AI compute infrastructure, is raising up to $4b at a $14.5b pre-money valuation led by Coatue Management and Blackstone, per the WSJ. Go deeper
💊Matchpoint Therapeutics, a precision medicine biotech, raised a $150m Series B co-led by Nextech Invest and Norwest and joined by Sanofi Ventures and Digitalis Ventures. Go deeper
🚑 Healthleap, an SF-based startup identifying undiagnosed illness risk in patient records, raised $38m in seed and Series A funding co-led by Sequoia Capital, First Round Capital and Hummingbird Ventures. Go deeper
• Wiremind, a French revenue management and ticketing software company, raised €35m, led by Seaya Andromeda and joined by IronWave and Bpifrance. Go deeper
🚑 Vitalize, an SF-based hospital staffing and scheduling startup, raised a $31m round led by Oak HC/FT, joined by Norwest Ventures, .406 Ventures, Constellation Ventures, Y Combinator and MemorialCare Innovation Fund. Go deeper
• ByteXL, an Indian B2B edtech startup, raised $9m in funding. Elevar Equity led, joined by Kalaari Capital and The Michael & Susan Dell Foundation. Go deeper
• Netsec, a European provider of cybersecurity and managed IT services, raised more than €8.9m in equity funding. Partech led, joined by Primo Capital and View Different. Go deeper
• Trmeric, a San Ramon, Calif.-based agentic enterprise platform, raised a $6.5m seed round. Hitachi Ventures led, joined by Schema Ventures, CerraCap Impact Venture Capital, FalconX Ventures, and Executive Venture Fund. Go deeper
• Hilt, an SF-based data security company, raised a $4.2m seed round. Array Ventures led, joined by Verdict Capital, Base10 Partners, Brickyard, Liquid 2 Ventures, Sequel, the Sarah Smith Fund, and Alumni Ventures. Go deeper
• Agentiq Sports, a NYC-based fintech for fans to indirectly invest in professional athletes' careers, raised $4m led by defy.vc. Go deeper
• Iridium Credit, an NYC-based invoice verification company for lenders, raised $3m led by Field Ventures and MGV. Go deeper
• Myca, an Indian developer of AI agents for agribusiness field teams, raised $1.3m in pre-seed funding. Kriscore Capital and Eximius Ventures led, joined by Indigram Labs Foundation. Go deeper
Private Equity
• Ardurra Group, backed by Littlejohn, acquired Enprotec/Hibbs & Todd, an Abilene, Texas-based water and wastewater engineering consulting firm. Go deeper
• Bain Capital and Singapore's GIC are exploring an IPO or sale of Japanese HR software business WHI Holdings at a valuation of at least 500b yen ($3.2b). Go deeper
• Bertram Capital invested in Percopo Coatings Company, a Longwood, Fla.-based provider of coatings and restoration services. Go deeper
• CFGI, backed by Carlyle and CVC Capital Partners, acquired Dallas-based BAO Consulting Group. Go deeper
• Stryten Energy, backed by Atlas Holdings, acquired motive battery companies C&D Technologies (Horsham, Penn.) and Trojan Battery Company (Santa Fe Springs, Calif.). Go deeper
• Univar Solutions, backed by Apollo, acquired H.M. Royal, a Trenton, N.J-based specialty distributor of rubber, plastics, adhesives, sealants and coatings additives. Go deeper
• Via Verde, an Italian biomethane developer with 20 projects across Italy, raised project funds from Copenhagen Infrastructure Partners. Go deeper
Fundraising
• Endeavor Catalyst, an NYC-based venture firm, raised $320m for its fifth fund. Go deeper
💊TCGX has raised $600m for its Asia Life Sciences Fund I, which will focus on Asian biotechs in various stages of development. Go deeper
