Illustration: Axios Visuals
Venture Capital
🚑 Science Corp, an SF-based neurotech startup, raised $104m led by Khosla Ventures. Go deeper
• iCreditWorks, an Iselin, N.J.-based point-of-sale lending startup, raised $60m led by Comvest Partners and Barings, with participation from RedBird Capital Partners. Go deeper
🚑 Hellocare.ai, a Clearwater, Fla.-based virtual care platform, raised $47m in funding led by HealthQuest Capital, with participation from Bon Secours Mercy Health, UCHealth, OSF Ventures, and LRVHealth. Go deeper
• Onfly, a Brazilian B2B travel tech company, raised $40m in Series B funding led by Tidemark, with participation from Endeavor Catalyst and Left Lane Capital. Go deeper
• Virtue AI, an SF-based AI security platform, raised $30m in combined seed and Series A funding led by Walden Catalyst Ventures and Lightspeed Venture Partners. Go deeper
🚑 HepaRegeniX, a German clinical-stage biotech startup, raised €21.5m from firms like Wellington Partners. Go deeper
⚡ Fourier, a Menlo Park, Calif.-based hydrogen producer, raised $18.5m in Series A funding including from Airbus Ventures. Go deeper
• Corvic AI, a Mountain View, Calif.-based cognitive infrastructure company, raised $12m in seed funding led by M Ventures and Bosch Ventures, with participation from Foothill Ventures, Lam Capital, LDV Partners, and K2 Access Fund. Go deeper
• NetRise, an Austin, Texas-based software supply chain security company, raised $10m in Series A funding led by DNX Ventures, with participation from Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures. Go deeper
• Dolphin Semiconductor, a French mixed-signal IP design firm, raised €10m from Vertex Growth. Go deeper
⚡ Hexium, an Austin-based developer of isotope enrichment tech for nuclear power, raised $8m in seed funding. MaC Venture Capital and Refactor co-led, joined by Humba Ventures, Julian Capital, Overture VC, and R7 Partners participating. Go deeper
• Friday Harbor, a Seattle-based mortgage origination platform for loan officers, raised $6m in seed funding led by Abstract Ventures. Go deeper
• Ideem, a Kansas City-based authentication startup, raised $2.4m in seed funding from Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, and Network KS. Go deeper
• Allegrow, a Scottish B2B email deliverability platform, raised $1m led by Golden Section. Go deeper
• Assiduous, an Irish fintech for SME corporate finance, raised €1m from Enterprise Ireland and EIT Digital. Go deeper
• Flock Mobility, a British shared EV ride platform, raised £1m from investors that include Skyscanner founder Gareth Williams. Go deeper
Private Equity
• Clairvest Group acquired a minority stake in NCS Engineers, a Rio Rancho, N.M.-based provider of water and wastewater engineering. ncseng.com
• Pearce, backed by New Mountain Capital and Willcrest Partners, acquired JoeMax Telecom, an Allentown, N.J., provider of engineering, site acquisition, and project management services for telecom. pearce-services.com
• Rotunda Capital Partners acquired Capital Machine Technologies, a Tampa, Fla.-based provider of provider of metal fabrication machinery. capitalmachine.com
• Teranet, an OMERS Infrastructure portfolio company, acquired a stake in ReadyWhen Tech (dba GoVeyance), a Canadian provider of software for real estate legal professionals. GoVeyance.com
M&A
• Tredence, a San Jose, Calif., data science firm that's raised over $200m from VCs, acquired Further Advisory, a Pittsburgh-based management consultancy. tredence.com
• Recharge, a Dutch prepaid payments fintech, acquired U.K.-based B2B digital rewards company Giftcloud from Groupon (Nasdaq: GRPN). Go deeper
• Charli AI, a New York-based market intelligence platform, acquired Canadian investment platform Sums Capital and rebranded as Charli Capital. Go deeper
Liquidity Events
• Banked, a British payments fintech, acquired VibePay, a London-based P2P payments app backed by Candy Ventures, in an all-stock deal. Go deeper
Public Listings
• Vendome Acquisition I, a Park City, Utah-based consumer-focused SPAC, filed for a $150m IPO. Go deeper
Fundraising
• 11 Tribes Ventures, a Chicago-based early-stage VC firm, raised $46m for its second fund. Go deeper
Debt
🚑 Redica Systems, a Pleasanton, Calif.-based data analytics platform for life sciences, received $15m in debt financing from CIBC Innovation Banking. Go deeper
It's Personnel
• Paul Armsby joined Corinthia Global Management as a managing director. He previously spent a decade with Golub Capital. Go deeper
• Max Jackson joined Ballast Rock as a managing director of private credit. He previously was with KeyBanc. Go deeper
• Matthew Mills joined Reynolda Equity Partners as VP of portfolio strategy and ops. He previously was with Three Ships. Go deeper
- Erin Brodwin, Colin Campbell, Katherine Davis, Katie Fehrenbacher, Ryan Lawler, Alan Neuhauser, Dan Primack, and Aaron Weitzman contributed to this report.
