VENTURE DEALS
- Boston Metal, a Woburn, Mass.-based decarbonized steel production company, raised $120 million in Series C funding. ArcelorMittal led the round and was joined by Microsoft's Climate Innovation Fund and SiteGround Capital.
- Sentra, a New York and Tel Aviv-based data security posture management company, raised $30 million in Series A funding. Munich re Ventures and Standard Investments co-led the round and were joined by INT3, Moore Capital, Xerox Ventures, Bessemer Venture Partners, and Zeev Ventures.
- Q-CTRL, a Sydney, Australia-based quantum infrastructure software company, raised $27.4 million in Series B extension funding. Salesforce Ventures, Alumni Ventures, ICM Allectus, Mindrock Capital, Airbus Ventures, Data Collective, Horizons, Main Sequence Ventures, Ridgeline Partners, and others invested in the round.
- 2ULaundry, a Charlotte-based mobile laundry pickup and delivery service, raised $20 million in Series B funding led by Level 5 Capital Partners.
- PortPro, a Jersey City-based transportation management software company, raised $12 million in Series A funding led by Avenue Growth Partners.
- Sovereign Labs, a blockchain scaling company, raised $7.4 million in seed funding. Haun Ventures led the round and was joined by Maven 11, 1KX, Robot Ventures, and Plaintext Capital.
- Dasseti, formerly Diligend, a New York-based due diligence software company, raised $6 million in Series A funding led by Nasdaq Ventures.
- Dalia, a Boston-based recruitment marketing automation platform, raised $5 million in Series A funding. Lewis & Clark Ventures led the round and was joined by the family office of Paul Forster, SaaS Ventures, FJ Labs, Remarkable Ventures, and others.
- TBD Health, a New York-based sexual health care provider, raised $4.4 million in seed funding. Tusk Venture Partners led the round and was joined by Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, and The Community Fund, and other angels.
PRIVATE EQUITY
- PestCo Holdings, a Thompson Street Capital Partners portfolio company, acquired the assets of Romney Pest Control, a Houston, Lewisville, and Selma, Texas-based pest control company, and Phenom Pest Protection, a Columbia, Md.-based pest control company. Financial terms were not disclosed.
- The Riverside Company acquired EnAppSys, a Stockton-on-Tees, U.K.-based data and analytics provider to the European energy market. Financial terms were not disclosed.
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IPOS
- Structure Therapeutics, a San Francisco-based chronic disease biotechnology company, plans to raise up to $134.25 million in an offering of 8.95 million ADSs priced between $13-15 per ADS.
FUNDS + FUNDS OF FUNDS
- Convergence Partners, a Johannesburg, South Africa-based buyout firm, raised $296 million for a fund focused on acquiring African technology assets.
PEOPLE
- AE Industrial Partners, a Boca Raton, Fla.-based private equity firm, promoted Jennifer Essigs to head of ESG.
- Bernhard Capital Partners, a Baton Rouge, La.-based private equity management firm, hired Rhoman Hardy as an operating partner. Formerly, he was with Shell.
- CRV, a San Francisco-based venture capital firm, promoted Caitlin Bolnick Rellas to general partner.
- Kain Capital, a New York-based private equity firm, hired Bret Cummings as CFO and CCO. Formerly, he was with Macellum Capital Management.
- Summit Partners, a Boston-based alternative investment firm, promoted Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden, and Sophia Popova to partner; Chris Bon, Ali Dowd, Mark Hexamer, Chelsea Jurman, Nick Oppedisano, and Jono Pagden to principal; and Jonathan Gilman, Andy Lee, and Irina Müller to vice president.