VENTURE DEALS
- Babylon Health, a London-based startup that has developed a number of AI-based health services, raised $550 million in funding at a valuation of more than $2 billion. Investors include Saudi Arabia's Public Investment Fund, Munich Re's ERGO Fund, Kinnevik and Vostok New Ventures.
- UrbanClap, an India-based marketplace for freelance labor, raised $75 million in Series E funding. Tiger Global led the round, and was joined by investors including Steadview Capital and Vy Capital.
- Armory, a San Francisco-based developer of an open source platform for delivering software, raised $28 million in Series B funding. Insight Partners led the round. Investors include Crosslink Capital, Bain Capital Ventures, Mango Capital, Y Combinator and Javelin Venture Partners.
- FNA, a London-based deep technology analytics company, raised $5.5 million in Series A funding. IQ Capital led the round, and was joined by investors including GETTYLAB.
- Holloway, a San Francisco-based online publishing company producing comprehensive professional guides on various topics, raised $4.6 million in seed funding. Investors include NEA, The New York Times Co., and South Park Commons.
- Biome Makers, a San Francisco-based technology company that uses data analytics and artificial intelligence to analyse the soil's ecosystem and provide data-driven insights to farmers, raised $4 million in funding. Seaya Ventures and JME Ventures co-led the round, and was joined by investors including LocalGlobe.
HEALTH AND LIFE SCIENCES DEALS
- Prellis Biologics, a San Francisco-based human tissue engineering company, raised $8.7 million in Series A funding. Khosla Ventures led the round.
PRIVATE EQUITY DEALS
- KKR will acquire certain international operations, including Australian snacks unit Arnott's, from Campbell Soup Company for approximately $2.2 billion. Read more.
- Progressio acquired a minority stake in Polenghi Food S.p.A, an Italy-based distributor of lemon and lime juice products for the condiments industry, from the Polenghi family. Financial terms weren't disclosed.
- Fenix Parts, which is backed by Stellex Capital, acquired the assets of Cox Truck and Van Inc, a Gainesville, Ga.-based operator of a full-service auto recycling facility. No financial terms were disclosed.
- CoolSys, which is backed by Ares Management, acquired Agape Mechanical, a Lakeville, Minn.-based specializes in HVAC, refrigeration, electrical and plumbing services, as well as hot water hydro-scrubbing. Financial terms weren't disclosed.
- Level Equity made an investment in Planet DDS, a Costa Mesa, Calif.-based company behind a dental practice management software solution provider. Financial terms weren't disclosed.
- Congruex, which is backed by Crestview Partners, acquired HHS Construction, an Ontario, Calif.-based provider of infrastructure services to major telecommunications and cable providers. Financial terms weren't disclosed.
- Audax Private Equity invested in Stonewall Kitchen, a York, Maine-based specialty food producer. Financial terms weren't disclosed.
- Steele Compliance Solutions Inc, a Bregal Sagemount portfolio company, acquired Osprey Compliance Software, a Waltham, Maine-based provider of corporate compliance and oversight software. Financial terms weren't disclosed.
- Ambiente Wine, a portfolio company of Fountain Square Industries, acquired Hops & Vines Distributing, a San Antonio, Texas-based craft beer distributor based in San Antonio, Texas. Financial terms weren't disclosed.
IPOs
- I-Mab, a Chinese drug developer, is filing for an IPO in the U.S. that could raise up to $200 million, Bloomberg reports citing sources. Read more.
- RAPT Therapeutics, a South San Francisco-based biotech firm creating therapies for cancer and inflammatory diseases, postponed plans to raise $75 million in an IPO of 5 million shares priced between $14 to $16. The Column Group (34.7% pre-offering), KPCB Holdings (20%), and Topspin Fund (12.2%) back the firm. It planned to list on the Nasdaq as "RAPT." Read more.
EXITS
- Kellermeyer Bergensons Services LLC, a portfolio company of GI Partners, acquired Pristine, an Austin, Texas-based provider of facility management, contract cleaning and related services. Financial terms weren't disclosed. The seller was Great Elm Capital Corp.
FIRMS + FUNDS
- Gron Ventures, a Newport Beach, Calif.-based venture capital firm, raised more than $117 million for its debut fund, according to an SEC filing. The target is $150 million.
No comments:
Post a Comment