Venture Capital

Constrafor: Construction Software Company Raises $264 Million (Equity & Credit Facility)

By Amit Chowdhry ● Nov 28, 2024

Constrafor, a software provider for the construction industry, today announced the closing of its $264 million Series A funding round. This funding, comprising an equity component of $14 million and a $250 million credit facility, has been led by NFX on the equity side, and Wafra and Crestline Investors on the credit side.

The Bob Woodruff Foundation: $4.7+ Million Invested For Supporting Veterans And Military Families

By Amit Chowdhry ● Nov 28, 2024

The Bob Woodruff Foundation announced an investment of over $4.7 million dedicated to ensuring that veterans, service members, and their families have stable and successful futures. This grant portfolio addresses key issues for veteran communities, including mental health, housing, legal services, education, employment, and social connections.

CalTier: Real Estate & Alternative Investment Company Raises Funding (Series B)

By Amit Chowdhry ● Nov 28, 2024

CalTier, a leader in real estate and alternative investment platform, announced the launching of its Series B round of funding, a significant milestone in its journey to democratize access to high-quality real estate investments.

Ecolectro: Green Hydrogen Electrolyzer Company Secures $10.5 Million (Series A)

By Amit Chowdhry ● Nov 28, 2024

Ecolectro, a leader in green hydrogen technology, announced the closing of its $10.5 million Series A funding round, led by Toyota Ventures with participation from Starshot Capital, DNX Ventures, Energy Revolution Ventures, New Climate Ventures, Banco Popular Impact Fund, and Techstars, and others.

Apse Capital: J.P. Morgan Leads €350 Million Continuation Fund Close

By Amit Chowdhry ● Nov 27, 2024

Apse Capital Limited announced today the closing of a €350 million continuation fund in connection with acquiring three existing assets from Apse Capital Bridge Fund.

360Player: $25 Million Investment From Five Elms Capital

By Amit Chowdhry ● Nov 27, 2024

360Player, a leading all-in-one digital platform for modern sports clubs, announced a $25 million strategic growth investment from Five Elms Capital. This funding round will support 360Player's ambitious plans to expand its integrated platform for clubs, coaches, players, and parents across new international markets.

LeapFrog Investments: $1.15 Billion Fourth Fund Closed

By Amit Chowdhry ● Nov 27, 2024

LeapFrog Investments announced the closing of its fourth fund, with commitments and designated co-investments totalling $1.02 billion. And LeapFrog’s initial target for Fund IV was $1 billion.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 27, 2024

Serenity, a leader in innovative AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. The funding was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

LLCP: $575 Million Multi-Asset Continuation Fund Closed

By Amit Chowdhry ● Nov 27, 2024

Levine Leichtman Capital Partners (LLCP) announced the closing of a $575 million multi-asset continuation fund transaction. And LLCP LMM Acquisition Fund, L.P. was formed to acquire interests in three portfolio companies: Blue Ridge Associates, Milton Industries and Resolution Economics – from LLCP Lower Middle Market Fund, L.P. (LMM II).

Folks Finance: $3.2 Million (Series A) Raised At $75 Million Valuation For Expanding DeFi Solutions Platform

By Amit Chowdhry ● Nov 27, 2024

Folks Finance—a leading DeFi platform where users can lend, borrow, trade, and manage their digital assets across multiple blockchains—announced at Web Summit 2024 that it has raised $3.2 million in an oversubscribed Series A round led by Borderless Capital at a final valuation of $75 million. The funding round also saw participation from SOVO Ventures, Mapleblock, Algorand Ventures, and others, bringing total investment into the platform to $6.2 million.

Quikrete Taking Summit Materials Private In $11.5 Billion Deal

By Amit Chowdhry ● Nov 27, 2024

Aggregates and cement producer Summit Materials announced it has entered into a definitive agreement to be acquired by Quikrete Holdings for $52.50 per share in cash, for a total enterprise value of about $11.5 billion, including debt. The deal price represents an approximately 36% premium to Summit's unaffected 90-day volume weighted average price (VWAP)1 and an approximately 29% premium to Summit's unaffected share price. The Summit and Quikrete Boards of Directors have unanimously approved this combination.

Conduction: Music Education Company Raises Pre-Seed Funding

By Amit Chowdhry ● Nov 27, 2024

Conduction, an ed-tech company transforming the music classroom, announced a $265,000 pre-seed investment from the Richard King Mellon Foundation. The funding will advance the company’s proprietary music software modules, increase corporate partnerships, and expand operations in schools across Pennsylvania and throughout the US.

Tricentis: Continuous Testing Company Raises $1.3 Billion From GTCR At $4.5 Billion Valuation

By Amit Chowdhry ● Nov 27, 2024

Tricentis, a global leader in continuous testing and quality engineering, announced that leading private equity firm GTCR has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and advance Tricentis for future growth and innovation.