Key Takeaways
- • Path Robotics, a Columbus, Ohio-based manufacturing robotics developer, raised $300m in Series E funding at a $2.45b post-money valuation, led by Georgian with participation from D. E. Shaw Ventures and NAVER Ventures.
- • Mubadala Capital agreed to acquire a minority interest in LSV Advisors, a New York-based secondaries manager focused on the middle market.
- • Zacua Ventures, an SF-based venture capital firm, raised $135m for its second fund.
- • Blue J, a Toronto-based tax research and advisory platform, raised US$176m in Series E funding at a $700m-plus valuation, led by JMI Equity.
- • MaxCyte (Nasdaq: MXCT) agreed to acquire Akron BioProducts from Arcline for $151.8m.
Summary
In private equity, Mubadala Capital agreed to acquire a minority interest in LSV Advisors, a New York-based secondaries manager focused on the middle market. The deal terms were not disclosed in the summary.
In fundraising, Zacua Ventures, a San Francisco-based venture capital firm, closed $135m for its second fund. Proximal Ventures, a California-based biotech investor, raised $27.5m for its debut fund, with LPs including SignalFire, Kleiner Perkins, Domino Lane and Bertelsmann Healthcare Investments.
Other venture rounds included Blue J, a Toronto-based tax research and advisory platform, which raised US$176m in Series E funding at a valuation above $700m, led by JMI Equity; and Graphon Labs, an SF-based agentic AI lab, which raised $35m in Series A funding led by RRE Ventures. In liquidity activity, MaxCyte (Nasdaq: MXCT) agreed to acquire Boca Raton, Fla.-based reagent supplier Akron BioProducts from Arcline for $151.8m.
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