Thread regarding Oracle Corp. layoffs

More startups... All hiring right now.

Venture Capital Deals
⛽ RigUp, an Austin, Texas-based marketplace for on-demand energy industry services and labor, raised $300 million in Series D funding led by Andreessen Horowitz at a $1.9 billion valuation. Existing backers include Founders Fund, Quantum Energy Partners, and Global Reserve Group. http://axios.link/Mz5M

• Grammarly, a San Francisco-based provider of writing assistance software, raised $90 million led by return backers General Catalyst and IVP at a valuation north of $1 billion. http://axios.link/3SFL

• Clari, a Sunnyvale-based revenue operations platform, raised $60 million in Series D funding. Sapphire Ventures led, and was joined by Madrona Venture Group and return backers Sequoia Capital, Bain Capital Ventures, and Tenaya Capital. www.clari.com

• Revel, a provider of shared e-mopeds in New York and D.C., raised $27.6 million in Series A funding. Ibex Investors led, and was joined by Toyota, Blue Collective, Launch Capital, and Maniv Mobility. http://axios.link/XacW

• Critizr, a French customer feedback platform, raised €15 million. 83North led, and was joined by Point Nine Capital, Caphorn, and Runa. http://axios.link/7IXP

🚑 IM Therapeutics, an Aurora, Colo.-based developer of personalized therapies for autoimmune diseases, raised $10 million in Series A funding co-led by JDRF T1D Fund and Morningside Ventures. www.imtherapeutics.com

• Sweepr, an Ireland-based smart-home customer service platform, raised $9 million in Series A funding. Draper Esprit led, and was joined by Frontline.vc. http://axios.link/oGvx

• New Vector, a London-based developer of an open-source decentralized communications standard, raised $8.5 million in Series A funding from Notion Capital, Dawn Capital, and Firstminute Capital. http://axios.link/out0

• Umbo Computer Vision, a San Francisco-based developer of autonomous video security systems for businesses, raised $8 million. Translink Capital and SIG co-led, and were joined by Shin-Kong Security. http://axios.link/zjGp

• Pela, a Canadian maker of compostable phone cases, raised C$5 million. Jay-Z’s Marcy Venture Partners led, and was joined by Kensington Capital. http://axios.link/P1h5

• Lilium, a German flying e-taxi developer, is seeking to raise between $400 million and $500 million, per TechCrunch. http://axios.link/EpTR

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Private Equity Deals
• Audax Group acquired EIS, an Atlanta-based distributor and fabricator of electrical process materials. www.eis-inc.com

🚑 General Atlantic acquired a majority stake in Marathon Health, a Winooski, Vt.-based provider of employer health centers, from Goldman Sachs. http://axios.link/H1Sq

• MacQueen Group, a St. Paul,, Minn.-based portfolio company of Rotunda Capital Partners, acquired Rescue Repair, a Missouri provider of mobile repair services for fire, ambulance and rescue equipment. www.macqueeneq.com

⛽ Morgan Stanley Infrastructure agreed to buy PNE, a listed German wind energy project developer, for €300 million. http://axios.link/I9cI

• One Call, a Jacksonville, Fla.-based workers comp services firm owned by Apax Partners, could give lenders and equity stake via a restructuring of its $2 billion debt load, per Bloomberg. http://axios.link/VgWO

• Unizo Holdings (Tokyo: 3258), a Japanese hotelier, said it rejected a second takeover offer from The Blackstone Group, and also turned down a “locally renowned” fund. All of this comes after Unizo initially welcomed a buyout bid from Fortress Investment Group, before changing its mind. http://axios.link/ZTEi

• VMG Partners acquired snack brand Popchips, which reportedly generated around $50 million in 2018 sales. http://axios.link/JrhH

Public Offerings
🚑 BioNTech, a German immunotherapies company, raised $150 million in its IPO. The company priced 10 million shares at $15, versus initial plans to offer 13.2 milllion at $18-$20, for an initial market cap of $3.39 billion. It will trade on the Nasdaq (BNTX) with J.P. Morgan as lead underwriter, and had raised around $700 million in VC funding from firms like Fidelity, Redmile Group, Sanofi, Pfizer, Janus Henderson Group, and Invus Group. http://axios.link/MLYa

• AllHome, a Philippines-based home furnishing retailer, raised $250 million in an IPO. http://axios.link/PI5y

• China Everbright Group, a state-owned financial conglomerate, plans to restructure and launch a Hong Kong IPO next year, per Reuters. http://axios.link/h94B

Liquidity Events
• Goldman Sachs is in talks to sell a 70% stake in Red de Carreteras de Occidente, Mexico’s largest toll-road operator, to Abertis Infrastructure and GIC at a $3.3 billion enterprise value, per Bloomberg. http://axios.link/Uu72

• ST Telemedia, a unit of Singapore’s Temasek, agreed to acquire a control stake in 2nd Watch, a Seattle-based cloud services provider that had raised over $50 million from Madrona Venture Group, Stratim Capital, Columbia Capital, and Top Tier Capital Partners. http://axios.link/UruB

More M&A
• C2FO, a Kansas City-based online marketplace for working capital, acquired Priority Vendor, an Indian early-payment platform. C2FO has raised over $400 million from firms like SoftBank Vision Fund, Temasek and Union Square Ventures, while Priority Vendor raised a small round from Lightspeed Venture Partners. www.c2fo.com

⛽ Exxon Mobil (NYSE: XOM) is considering a sale of its oil-producing offshore assets in Malaysia, which could fetch between $2 billion and $3 billion, per Bloomberg. http://axios.link/9c7j

• LafargeHolcim decided against bidding for BASF’s construction chemicals unit, which could have been valued at around $3.3 billion, per Bloomberg. http://axios.link/EOmV

• Nippon Paper Industries (Tokyo: 3863) agreed to buy the local fiber materials unit of Australian packaging company Orora (ASX: ORA) for A$1.72 billion. http://axios.link/lcWA

🚑 UCB of Belgium agreed to buy Cambridge, Mass.-based Ra Pharmaceuticals (Nasdaq: RARX), for $2.1 billion in cash, or $48 per share (111% premium to yesterday’s closing price). http://axios.link/tKDs

Fundraising
• Madison Dearborn Partners is seeking to raise $4.5 billion for its eighth buyout fund, per PE Hub. http://axios.link/JItN

• Voyager Capital of Seattle raised $100 million for its fifth fund. http://axios.link/2o4E

It's Personnel
• Craig Kahler joined Orix Capital Partners as a managing director focused on mid-market private equity. He previously was with Safanad. www.orix.com

• Melanie Strong, a former sports marketing executive with Nike, joined Lance Armstrong’s Next Ventures as a managing partner. www.nextventures.com

• U.S. Venture Partners promoted Dafina Toncheva to general partner. www.usvp.com

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