Venture CapitalDeals, Private Equity Deals, Public Offerings, SPAC Stuff, Liquidity Events

Venture Capital Deals
 M1 Finance, a Chicago-based automated money management platform, raised $75 million in Series D funding at a valuation north of $3.5 billion. Coatue led, and was joined by insiders Left Lane Capital and Clocktower Technology Ventures.

 Vendr, a Boston-based software procurement platform, raised $60 million in Series A funding. Tiger Global led, and was joined by YC, Sound Ventures, Craft Ventures, F-Prime Capital and Garage Capital.

 Pipe, a Miami-based trading platform for recurring revenue, raised $50 million. Siemens Next47 and Raptor Group co-led, and were joined by Shopify, Slack, HubSpot, Okta, Chamath Palihapitiya, Marc Benioff, MSD Capital, Republic, Alexis Ohanian and Joe Lonsdale.

Ibex Medical Analytics, an Israeli cancer diagnostics platform, raised $38 million in Series B funding co-led by Octopus Ventures and 83North

 Preply, an online marketplace for tutor-based foreign language learning, raised $35 million in Series B funding. Owl Ventures and Full In Ventures co-led, and were joined by EduCapital, All Iron, Diligent Capital, Evli Growth Partners and insiders Point Nine Capital and Hoxton Ventures.

Paige.AI, a New York-based computational pathology startup, raised $25 million in new Series C funding from KKR and Johnson & Johnson (round total now $125m).

 Cosi Group, a German provider of short-term rental properties, raised €20 million. Soravia led, and was joined by insiders Cherry Ventures,, Kreos Capital and Bremke.

 Demostack, an Israeli platform for building software demos, raised $17.3 million from Bessemer Venture Partners, Amiti Ventures, Operator Collective and Cerca Partners.

 Scoro, a London-based provider of work management software for professional service businesses, raised $16.4 million in Series B funding. Kennet Partners led, and was joined by Columbia Lake Partners, Inventure, Livonia Partners and Tera Ventures.

 Cube, a New York-based provider of planning and analysis software for corporate finance teams, raised $10 million in Series A funding. Mayfield led, and was joined by Bonfire Ventures and Operator Collective.

 Porter Road, a Nashville, Tenn.-based whole animal butchery, raised $10 million. L37 Ventures led, and was joined by River Park Ventures, Middleland, FJ Labs, MAX Ventures, Tribeca Venture Partners and Slow Ventures.

 Plan A, a Berlin-based platform for corporate carbon footprint tracking and reporting, raised $3 million. Demeter led, and was joined by Coparion and SoftBank.

 Elucidate, a Berlin-based financial crime risk scoring platform, raised €2.5 million in seed funding. Frontline Ventures led, and was joined by insiders Seed X Liechtenstein, Apex Ventures and Big Start Ventures.

 Omeda Studios, a London-based gaming startup led by former Twitch influencer Robbie Singh, raised $2.2 million in seed funding. GFR Fund led, and was joined by Inventure, Progression Fund, 1Up Ventures, Aream & Co. and Ride Ventures.

 Influenxio, a Taipei-based microinfluencer platform, raised $2 million in seed funding led by DCM Ventures

• Mentorcam, a Los Angeles-based video messaging platform for consumer advice from experts, raised $1.4 million. General Catalyst led, and was joined by Studio VC, Kosinski Ventures and Realize Tech Fund.


Private Equity Deals
 Amwins Group, a Charlotte-based specialty insurer, agreed to buy Worldwide Facilities, a Los Angeles-based wholesale broker. Amwins backers include New Mountain Capital, ACAS, LNC Partners and Dragoneer.

 Charlesbank Capital Partners agreed to invest in Ivanti, a South Jordan, Utah-based IT automation platform whose existing backers include Clearlake Capital Group and TA Associates.

 Fortress Investment Group is in talks to acquire certain noncore assets of Colony Capital, including a wellness infrastructure portfolio that was valued at around $3.3 billion at year-end 2020, per Bloomberg.

HitecVision acquired North Sea-focused Zennor Petroleum from Kerogen Capital for around $625 million.

 JMI Equity invested in Canto, a San Francisco-based provider of digital asset management software.

 Levine Leichtman Capital Partners acquired Creditinfo, an Icelandic provider of credit information and risk management solutions.

Questa Capital invested in Claritas Rx, a San Francisco-based data integration and analytics platform for specialty and rare diseases.

 Wind Point Partners acquired FoodScience, an Essex, Vt.-based maker of nutritional supplements for humans and pets.


Public Offerings
 Abbisko Therapeutics, a Chinese oncology-focused biotech, is prepping a $250 million Hong Kong IPO, per Bloomberg. It’s raised over $300 million from firms like The Carlyle Group, OrbiMed, Warburg Pincus, CICC Capital, Lilly Asia Ventures, Qiming Venture Partners, Shanghai Jianxin Capital, Janchor Partners, Sage Partners and Temasek.

 Coupang, a South Korean e-commerce giant, raised its IPO price range from $27-$30 to $32-$34. It still plans to offer 120 million shares, and list on the NYSE (CPNG). The company reports a $475 million net loss on $12 billion in revenue for 2020, while include SoftBank Vision Fund, Greenoaks Capital, Maverick Ventures and Sequoia Capital.

 Frontier Group Holdings, a Denver-based budget airline, filed for a $100 million IPO. It previously filed in 2017 but pulled the offering last year, and its new filing comes as rival Sun Country prepares to go public.

 Global-E Online, an Israeli platform for cross-border ecommerce, filed for a $100 million IPO. It plans to list on the Nasdaq (GLBE) and reports $8 million of net income on $136 million in revenue for 2020. Shareholders include Red Dot Capital Partners and Deutsche Post.

 Pepper Money, an Australian lender backed by KKR, is restarting an IPO process that stalled in 2019, per The Australian.


SPAC Stuff
 Citiustech, a Princeton, N.J.-based healthcare tech company owned by Baring Private Equity Asia, is seeking a SPAC deal at a valuation of around $1 billion, per Bloomberg.

DocGo (f.k.a. Ambulnz), a New York-based provider of last-mile telehealth and medical mobility solutions, agreed to go public at a $1.1 billion implied valuation, via reverse merger with Motion Acquisition Corp. (Nasdaq: MOTN), a SPAC led by former Fleetmatics CEO Jim Travers. Ambulnz raised a small amount of funding from Valor Equity Partners, Fine Day Ventures, Vast Ventures and The Hillview Group.

 Angel Pond Holdings, a Chinese tech SPAC led by Theodore Wang (ex-Goldman Sachs), filed for a $300 million IPO.

 Corsair Partnering Corp, a financial and business services SPAC formed by Corsair Capital, filed for a $350 million IPO.

 FTAC Zeus Acquisition, the 11th fintech SPAC formed by The Bancorp, filed for a $450 million IPO.

 Gefen Landa Acquisition, an Israeli tech SPAC formed by Gefen Capital and Landa, filed for a $250 million IPO.

 Revolution Acceleration Acquisition II, a SPAC formed by VC firm Revolution and led by former Rep. John Delaney, filed for a $250 million IPO. The original Revolution SPAC recently agreed to buy warehouse robotics company Berkshire Grey.

 Schultze Special Purpose Acquisition Corp. II, a SPAC formed by Schultze Asset Management, filed for a $200 million IPO. The first Schultze SPAC bought cannabis company Clever Leaves.

 TPG filed for three new SPACs. One is focused on underperforming mature companies (targeting $250M), another on tech ($450M) and the third on business with a strong ESG profile ($350M).


Liquidity Events
• Dropbox (Nasdaq: DBX) agreed to buy DocSend, a San Francisco-based document sharing and tracking platform, for $165 million. DocSend had raised around $15 million from firms like August Capital and DCM Ventures.

GIC and Goldman Sachs are seeking a buyer for Japanese renewables group JRE, which could fetch around $2.5 billion, per Bloomberg.

 PayPal (Nasdaq: PYPL) agreed to buy Curv, an Israeli provider of digital asset security software. Curv had raised $30 million from firms like Digital Currency Group, CommerzVentures and Coinbase Ventures.


More M&A
 Diageo (LSE: DGE) acquired the parent company of hard seltzer brand Lone River Ranch Water

 Macquarie and pension fund Aware Super agreed to acquire Australian telecom services firm Vocus Group (ASX: VOC) for A$3.5 billion.

 Zapier, a San Francisco-based no-code automation tool, acquired Makerpad, a British no-code education service and community that had been seeded by firms like Earnest Capital. Zapier shareholders include Sequoia Capital, Salesforce Ventures, Bessemer Venture Partners and Threshold Ventures.


 Ant Capital of Japan is targeting $460 million for its sixth fund, per PEI.

 Apax Partners is raising $1.5 billion for its second midmarket tech fund, per public pension docs.

 Coatue Management is raising its second early-stage VC fund, per an SEC filing.

 Investcorp has secured around $1 billion for a $2 billion fund focused on North American assets, per Bloomberg.

 VMG Partners raised $850 million for its fifth fund focused on consumer brands.


It’s Personnel promoted Jordan King to principal. She continues to run the firm’s founder-in-residence program.

 Michael Kraines joined Digital Currency Group as its first CFO. He previously was president and CFO of Trading Technologies.

 Jon Torrey joined Madrona Venture Group as a venture partner. He previously was with Qualtrics.

 Laurent Vaille and Charles Bourgeois joined H.I.G. Capital as principals in its European direct lending group. Both were previously with Tikehau Capital.


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