- Thrasio, a New York City-based acquirer of Amazon third-party private label businesses, raised $75 million in Series B funding and $35 million in debt. Existing investors led the round, and was joined by investors including Peak6, Upper90, WTI, and River Park Ventures. The round values Thrasio at $700 million.
- Kargo, a Jakarta-based logistics startup cofounded by forUber Asia executive Tiger Fang, raised $31 million in Series A funding. Tenaya Capital, Sequoia India, Mirae Asset Management, and Intudo Ventures invested. Read more.
- Darmiyan, Inc., a San Francisco, Calf.-based developer of brain diagnostics, raised $6 million in an initial closing of Seed funding. Eisai led the round, and was joined by investors including IT-Farm and Y-Combinator (YC).
- AcreTrader, a Fayetteville, Ark.-based online farmland investing platform, raised $5 million in Seed funding. RZC Investments led the round and was joined by investors including Revel Partners.
- NextStep, a Seattle, Wash-based mobile-based training platform and job placement company, raised $3.6 million in funding. Springrock Ventures led the round, and was joined by investors including Jazz Venture Partners, Learn Capital’s LearnStart fund, and the managing directors of Pioneer Square Labs. Read more.
- Direct Healthcare Group, backed by ArchiMed, acquired the Patient Handling Europe division of Handicare, Stockholm, Sweden-based provider of solutions for patients with limited mobility. Financial terms weren't disclosed.
- A consortium led by Northern Private Capital completed the acquisition of MDA, a Canadian space technology developer and manufacturer, from Maxar Technologies (NYSE: MAXR). The C$1 billion acquisition was made with a mix of stock and equity.
- Lineage Capital invested in City Rise Safety, a Lodi, Calif.-based provider of traffic control services. Financial terms weren't disclosed.
- Johnson & Johnson (NYSE: JNJ) abandoned plans to buy Japanese drugmaker Takeda Pharmaceutical’s surgical patch business TachoSil, the Federal Trade Commission said. Johnson & Johnson subsidiary Ethicon planned to buy the company for $400 million. Read more.
- GCM Grosvenor completed the final close for its Co-Investment Opportunities Fund II with $540 million in committed capital.
- Direct Capital Private Equity raised NZ$416 million for its sixth fund. Direct Capital VI fund previously targeted NZ$450 million. Read more.
- Bessemer Venture Partners promoted Tomer Diari to Vice President.