Venture Deals
- Affinia Therapeutics, a Waltham, Mass.-based drug developer for cardiovascular and neurological diseases, raised $40 million in Series C funding. New Enterprise Associates led the round and was joined by Eli Lilly and existing investors.
- Lumen Bioscience, a Seattle, Wash.-based developer of orally-delivered biologics, raised $30 million in a Series C extension. WestRiver Group led the round and was joined by the Gates Foundation and others.
- AeroRX Therapeutics, a La Jolla, Calif.-based drug developer for chronic respiratory diseases, raised $21 million in Series A funding. Avalon BioVentures led the round and was joined by Correlation Ventures, Alexandria Venture Investments, and others.
- Membrion, a Seattle, Wash.-based developer of adaptive water infrastructure, raised $20 million in Series B1 funding from Pangaea Ventures, PureTerra Ventures, and others.
- Energy Robotics, a Darmstadt, Germany-based developer of robots and drones for autonomous inspection of critical infrastructure, raised $13.5 million in Series A funding. Blue Bear Capital and Climate Investment led the round and was joined by Futury Capital, Hessen Capital, Kensho VC, and TADTech.
- Zingage, a New York City-based AI-powered automation platform for home health care agencies, raised $12.5 million in seed funding. Bessemer Venture Partners led the round and was joined by TQ Ventures, South Park Commons, and others.
- Arcjet, a San Francisco-based codebase security platform, raised $8.3 million in Series A funding. Plural and Ott Kauver led the round and was joined by Andreessen Horowitz, Seedcamp, and angel investors.
- Datamonk, an Amsterdam, The Netherlands-based developer of AI technology for transferring medical image data, raised $1.9 million in pre-seed funding. Healthy.Capital and Nina Capital led the round and were joined by angel investors.
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Private Equity
- Vistara invested $12 million in Authentic8, a Redwood City, Calif.-based cybersecurity company.
- Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, acquired Avid Insurance, a London, U.K.-based insurance company. Financial terms were not disclosed.
- Commonwealth Electrical Technologies, backed by Broad Sky Partners, acquired NuWave Energy Solutions, a Norwell, Mass.-based energy efficiency and renewable energy company. Financial terms were not disclosed.
- GenNx360 Capital Partners agreed to acquire Heartland Business Solutions, a Little Chute, Wisc.-based IT services company, from A&M Capital. Financial terms were not disclosed.
- Science Applications International agreed to acquire SilverEdge Government Solutions, a Columbia, M.D.-based developer of technology solutions and products for the defense industry, from Godspeed Capital, for $205 million in cash.
Funds + Funds of Funds
- Northlane Capital Partners, a Bethesda, M.D.-based private equity firm, raised $750 million for its third fund focused on health care and business services companies.
People
- BayPine, a Boston, Mass.-based private equity firm, hired Amy Harsch as partner, head of capital formation and investor relations. Previously, she was with American Securities.
- Permira, a London, U.K.-based private equity firm, hired Caitlin Brodie as a managing director in its U.S. Capital Formation team. Previously, she was with The Carlyle Group.