VENTURE DEALS
- Avenzo Therapeutics, a San Diego, Calif.-based biotech company developing oncology therapeutics, raised $150 million in a Series A extension. New Enterprise Associates, Deep Track Capital, Sofinnova Investments, and Sands Capital led the round and were joined by INCE Capital, TF Capital, Delos Capital, and Quan Capital.
- Fieldguide, a San Francisco-based AI platform for advisory and audit services, raised $30 million in Series B funding. Bessemer Venture Partners led the round and was joined by 8VC and others.
- Gunzilla Games, a Frankfurt, Germany-based video game development studio, raised $30 million in funding. CoinFund and Avalanche’s Blizzard Fund led the round and were joined by Republic Capital, Morningstar Ventures, and others.
- PipeDreams, a San Francisco-based acquirer of and investor in local HVAC and plumbing businesses, raised $25.5 million in Series A funding. Canvas Ventures and Plural led the round and were joined by angel investors.
- Fireworks AI, a Redwood City, Calif.-based platform designed to help developers build new AI solutions, raised $25 million in Series A funding. Benchmark led the round and was joined by Sequoia Capital and angel investors.
- EVOLOH, a Santa Clara, Calif.-based manufacturer of electrolyzer stacks designed to make green hydrogen production cheaper, raised $20 million in Series A funding. Engine Ventures led the round and was joined by a subsidiary of NextEra Energy Resources and 3M Ventures.
- ZayZoon, a Phoenix, Ariz.-based Earned Wage Access provider for small and mid-sized businesses, raised $15 million in a Series B extension. Viola Fintech and Inuit Ventures led the round and were joined by existing investors Framework Venture Partners and Export Development Canada.
- Picogrid, an El Segundo, Calif.-based platform designed to connect the control of remotely-controlled, sensors, drones, command interfaces, and other defense systems on one network, raised $12 million in seed funding. Initialized Capital led the round and was joined by Starburst Ventures, Credo Ventures, Giant Step Capital, Domino Ventures, and Alumni Ventures.
- ALEX, a Panama City, Panama-based platform designed for building finance apps on bitcoin, raised $10 million in funding, Spartan Capital led the round and was joined by CMS Holdings, DACM, DWF Labs, Foresight Ventures, G-20 Group, and others.
- Bedrock Security, a San Francisco-based data security platform designed to automatically identify and protect enterprise’s most essential data, raised $10 million in seed funding from Greylock.
- Nominal, a New York City-based developer of AI technology designed to modernize and automate enterprise accounting and financial management systems, raised $9.2 million in seed funding. Bling Capital and Hyperwise Ventures led the round and was joined by Vela Partners, Incubate Fund, and others.
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- Cloverleaf, a Cincinnati, Ohio-based coaching platform designed to automatically send tips to employees for ways to improve their performance, raised $7.3 million in a Series A extension. Advantage Capital led the round and was joined by Conductive Ventures, Origin Ventures, ScOp Venture Capital, JobsOhio, Cintrifuse Capital, and 1809 Capital.
- Chiyo, a Detroit, Mich.-based food platform that designs specific nutrition programs for pregnant women and new moms based on their stage and symptoms, raised $3 million in funding from Bread & Butter Ventures, Ingeborg, The Helm, Peterson Ventures, Detroit Venture Partners, Union Heritage Ventures, and Palette Ventures.
- OrdinalsBot, a London, U.K.-based company in the ordinals space building out the data layer of the BTC blockchain, raised $3 million in seed funding. DACM led the round and was joined by Eden Block, Nural, Kenetic Capital, Lightning Ventures, and others.
PRIVATE EQUITY
- Marlin Equity Partners agreed to acquire a majority stake in Treasury Intelligence Solutions, a Berlin, Germany-based provider of business-to-business payments, cash, and treasury management software. Financial terms were not disclosed.
- Redwood Services, backed by Union Main, acquired a majority stake in Parks Heating Cooling Plumbing & Electrical, an Indian Trail, N.C.-based provider of heating, air conditioning, plumbing, sewer and drain, and electrical services. Financial terms were not disclosed.