Illustration: Brendan Lynch/Axios. Stock: Getty
Venture Capital
• Tutor Intelligence, a Watertown, Mass.-based warehouse robotics developer, raised $75m in Series B funding. A16z led, joined by USV and Neo. Go deeper
• 42AI, an Israeli behavioral world AI model developer, raised a $62.5m seed round from its founders and the Infinity Group. Go deeper
💊 Specific Biologics, a Toronto-based gene-editing therapies company, raised $35m in Series A funding led by Hatteras Venture Partners. Lumira Ventures and adMare BioInnovations, Genesys Capital, Business Development Bank of Canada's (BDC) Life Sciences Venture Fund, DeepWork Capital and Seido Capital joined. Go deeper
🚑 StimCardio, an LA-based atrial fibrillation device maker, raised $30m in Series A funding led by Metis Medtech and joined by Catalyst Health Ventures. Go deeper
• Gallium Defense, a French drone detection startup, raised €7.1m in seed funding. Keen Venture Partners and 360 Capital led, joined by Omnes Capital and Polytechnique Ventures. Go deeper
🚑 Bioliberty, an Edinburgh, U.K.-based robotic rehabilitation and physical therapy startup, raised a $3.3m Series A extension from TGH Ventures, Ballad Ventures, 25M Health, and Northern Ireland-based Whiterock. Go deeper
• Roleo, an Estonian developer of career agents for tech professionals, raised €2.9m. Practica Capital led, joined by Inventure. Go deeper
• Kodiact, an SF-based materials sourcing startup, raised $2.5m in pre-seed funding. Supply Change Capital led, joined by Green Circle Foodtech Ventures and Velocity Catalyst. Go deeper
Private Equity
• 1248 Holdings acquired Generate Capital's ownership interests in Ubiquity, a fiber network owner operating in Texas and Nebraska. Go deeper
• Grant Thornton completed its $5b buyout of CBIZ, creating one of the country's largest accounting firms. Grant Thornton backer New Mountain Capital made a new investment to support the deal. Go deeper
🚑 GrowthCurve Capital acquired a majority stake in TailorMed, a medication access, affordability, and adherence platform. Go deeper
• Nexus Capital Management acquired CW Holdings, parent company of women's apparel brands Coldwater Creek and Soft Surroundings, from Newtimes Group. Go deeper
• OpenGate Capital completed its purchase of Maersk Training, a provider of safety training and gas safety services, from A.P. Møller - Mærsk. Go deeper
• UNA Sports Group invested in The Curling Group, which is bringing curling under a team-based franchise model. Relay Ventures participated. Go deeper
Liquidity
• Omen AI, an SF-based liquid-cooling sensor developer, acquired Cambridge, Mass.-based fluid monitoring startup Aquatic Labs in a $16m cash-and-stock deal. Aquatic Labs raised $4.75m from Future Planet Capital, Burnt Island Ventures, Counteract Ventures, Ponderosa Ventures, and Propeller. Go deeper
M&A
💊 Karyopharm Therapeutics, a Newton, Mass.-based blood cancer biotech, filed for Chapter 11 bankruptcy and plans to merge with Ayrmid, the parent company of Naples, Fla.-based hematology biotech Gamid Cell. Go deeper
Fundraising
• AE Industrial raised an $850m single-asset continuation fund for Blue Raven, a specialized aerospace and defense distributor. Go deeper
It's Personnel
• Ibrahim Ajami, head of ventures at the private capital arm of Mubadala Capital, is leaving next year to launch Noha, his own fund targeting $500m. Go deeper
⚡️ Raj Soi was appointed COO of Altus Power, a Stamford, Conn.-based solar developer. Soi was COO of SunVest Solar. Go deeper
Odds & Ends
⚡️ LiveWire Group (NYSE: LVWR), Harley-Davidson's electric motorcycle spinoff, warned it may not survive next year, citing liquidity concerns and weak demand. Go deeper
