Inspired Capital amasses $200 mln for debut fund

Inspired Capital has closed its debut fund at $200 million. The firm’s limited partners include pensions, foundations and endowments. The New York City-based early-stage venture firm invests in the “entrepreneurs of tomorrow.”

BDC Capital backs Nix Sensor

Hamilton, Ontario-based Nix Sensor, a provider of color measurement products, has secured $2 million in funding. The investor was BDC Capital’s Growth & Transition Capital division. The funding will be used by Nix Sensor to accelerate product development and expand global sales efforts.

CDPQ to invest in India solar power developer Azure Power

Caisse de dépôt et placement du Québec is investing US$75 million in Azure Power Global Limited, a solar power developer in India. At the closing of the private placement, CDPQ’s equity stake in Azure Power will increase from 41.4 percent to 49.4 percent.

Enlightenment beefs up advisory board with new addition

Enlightenment Capital has added Alan B. Thomas Jr to its advisory board. Thomas is also joining the executive team of Trowbridge, a portfolio company of Enlightenment. Recently, Thomas served as the commissioner of the federal acquisition service at the General Services Administration.

Stradigi AI nets Series A

Montreal-based Stradigi AI, an artificial intelligence company, has secured C$53 million (US$40.3 million) in Series A funding. The Fonds de solidarité FTQ and Investissement Québec led the round with participation from other investors that included Holdun Family Office, Segovia Capital Ltd and Cossette Inc.

Clearlake-backed Provation recruits Hamburger as CEO

Provation Medical, a provider of procedure documentation and clinical decision support solutions, has named Daniel Hamburger as CEO. Most recently, Hamburger served as CEO of Renaissance Learning Inc. Provation is backed by Clearlake Capital Group LP.

Loop picks up $10 mln Series A

Columbus, Ohio-based ​Loop, an e-commerce SaaS platform, has secured $10 million in Series A funding. FirstMark Capital led the round with participation from Lerer Hippeau and Ridge Ventures.

Actuate Therapeutics gathers $6.5 mln

Fort Worth, Texas-based Actuate Therapeutics Inc, a clinical stage biopharmaceutical company, has raised $6.5 million in financing. Bios Partners led the round with participation from other investors that included Kairos Ventures and DEFTA Partners.

NightDragon Security taps Kyauk as MD

NightDragon Security has named Morgan Kyauk as managing director. Also, the cybersecurity investment firm has added Jason Martin of FireEye, Dan Burns of Optiv, Matthew Gyde of NTT Security and Andrew Howard of Kudelski Security to its advisory council.

Apervita fetches $22 mln

Chicago and Boston-based Apervita, a platform for value-based collaboration in healthcare, has secured $22 million in funding. The investors included Optum Ventures, Pritzker Group Venture Capital, Baird Capital, Math Ventures and Levy Family Partners.

PE-backed THG acquires G&N

The Hilb Group, a portfolio company of Abry Partners, has acquired Massachusetts-based G&N Insurance, a property and casualty insurance agency. No financial terms were disclosed.

Bluestone-backed Intrepid appoints EVP and chief growth officer

Sterling, Virginia-based Intrepid Solutions and Services, a provider of enterprise IT, data analysis and operational training services to the U.S. intelligence community, has named Ken Diller as executive vice president and chief growth officer. Previously, Diller managed the defense and national intelligence group for Huntington Ingalls Industries following its acquisition of Fulcrum IT Services. Intrepid is backed by Bluestone Investment Partners.

IPKeys acquires N-Dimension

IPKeys Power Partners has acquired Ontario-based N-Dimension Solutions Inc, a provider of cybersecurity monitoring. No financial terms were disclosed. EnerTech Capital, a venture firm that has offices in a number of cities that include Toronto, Philadelphia, Montreal and Calgary, made an equity investment in IPKeys as part of the transaction. No financial terms were disclosed. England & Company advised IPKeys on the deal.

Five Points buys GrammaTech

Five Points Capital has acquired Ithaca, New York and Madison, Wisconsin-based GrammaTech Inc, a developer of software-assurance tools and advanced cyber-security solutions for government and commercial clients. Five Points teamed up with Pleasant Bay Capital, Crescendo Capital, Capital Southwest Corporation and new GrammaTech CEO Mike Dager for this acquisition. No financial terms were disclosed.

LawnStarter rakes in $10.5 mln

Austin, Texas-based LawnStarter, an on-demand platform for outdoor services, has raised $10.5 million in funding. The backer was Edison Partners.

Stampede inks seed funding

Leith, Scotland-based Stampede, a provider of Wi-Fi based customer engagement and marketing analytics, has secured 1 million pounds in seed funding. The investors include Techstart Ventures, Galvanise Capital and the Scottish Government.