Illustration: Brendan Lynch/Axios
Venture Capital
• Nooks, an SF-based revenue agent platform, raised $500m from General Catalyst's Customer Value Fund. Go deeper
💊 Biograil, a Copenhagen-based therapeutic oral device developer, raised €20m from Verve Ventures and Megatrend Invest. Go deeper
• Journify, an SF-based ad signal infrastructure startup, raised $12m in Series A funding. Al Mada Ventures led, and Silicon Badia, Shorooq, Bunat Ventures, Du Ventures, and Oraseya Capital joined. Go deeper
• Finpilot, a Seattle-based maker of AI agents for institutional investors, raised $10m in Series A funding. Lobby Capital led, joined by Madrona. Go deeper
• Shackleton AI, an NYC-based construction technology company, raised $5m in seed funding led by Battery Ventures, with participation from Brick & Mortar Ventures, Trust Ventures, Correlation Ventures, Motivate Partners, Thayer Investment Partners, Act One Ventures, Brainstorm Ventures and Silence VC. Go deeper
Private Equity
• Andavi Solutions, backed by Endeavour Capital, acquired Bengaluru-based consumer goods and beverage tech company Infilect. Go deeper
• Paradigm Equity Partners acquired STI Fabrics, a Kings Mountain, N.C.-based maker of upholstery and performance fabrics. Go deeper
🚑 Sapphiros, a diagnostics platform backed by KKR, combined with Binx Health, a point-of-care diagnostics provider backed by Hildred, to form Onvaro. Go deeper
• Southern Home Services, a Gryphon Investors portfolio company, acquired League City, Texas-based Vanderford Air and Plumbing. Go deeper
🚑 VisiQuate, a revenue cycle management firm backed by Accel-KKR, acquired Finvi's Artiva HCx business, including its revenue cycle workflow platform. Go deeper
Going Public
• Rohlik Group, a Czech online grocer, is prepping a Prague IPO, per Bloomberg. Backers include Index Ventures, Kaya VC, All Star Holdings, and ERDB. Go deeper
Liquidity
🚑 Agilent Technologies (NYSE: A) completed its purchase of Philadelphia pathology software company Proscia for $240m in cash and up to $30m in earnouts. Proscia raised around $130m from firms like Razor's Edge Ventures, Highline Capital, Flybridge, and Scale Venture Partners. Go deeper
• IonQ (NYSE: IONQ) completed its $1.15b buyout of Elisity, a San Jose, Calif.-based provider of identity-based network microsegmentation that had raised $78m from Insight Partners, Chevron Technology Ventures, TCV, Atlantic Bridge Capital, Rain Capital, Two Bear Capital, AllegisCyber, Hyperlink Ventures, and SaaS Ventures. Go deeper
M&A
• Yellow Card, a stablecoin payments infrastructure provider, acquired GoMoney, a Brazilian virtual asset service provider. Go deeper
• Copado, a business applications operator, acquired Valo.ai, an intelligence and governance platform for Salesforce environments. Go deeper
• Doppel, an AI social engineering defense platform, acquired PropRise, a Y Combinator-backed commercial real estate tech company. Go deeper
Odds & Ends
💊 AbbVie, a Chicago-based pharma giant, will pay $100m upfront and up to $1.37b to Nxera, a Tokyo-based biotech, to develop an IBD drug candidate. Go deeper
