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Nvidia just became the world’s largest company amid AI boom

Nvidia just became the world’s largest company amid AI boom
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
November 7, 2024

What We're Reading

  • Nvidia just became the world’s largest company amid AI boom [TechCrunch]
  • The other election night winner: Perplexity [TechCrunch]
  • Lyft partners with May Mobility, Mobileye to bring autonomous vehicles to the app [TechCrunch]
  • Apple warns investors its new products might never be as profitable as the iPhone [TechCrunch]

Trending Companies


Bright Uro, a company that manufactures medical equipment that helps to provide care for lower urinary tract symptoms, raises $32MM Series A from Laborie Medical Technologies.

Diagnostics • Irvine, CA • Post-Money Valuation

 

MealMe, a company that developed a restaurant and grocery food delivery API, raises the Mercury Fund.

API • San Francisco, CA • Post-Money Valuation

 

ContraForce, a software and internet services company developing an enterprise security management designed platform automating complex challenges on security operations, raises $3.3MM Seed from DataTribe.

Automation • McKinney, TX • Post-Money Valuation

 

Lingo, a provider of hands-on, self-paced coding kit that enables students to build at home, raises $2.3MM Seed from Pinnacle Private Ventures.

E-Learning • Arlington, VA • Post-Money Valuation

 

Melio Payments, a company that develops a B2B payments platform designed to provide small businesses with digital payment tools, raises $150MM from Fiserv.

SaaS • New York, NY • Post-Money Valuation

 

BETA Technologies, a developer of an integrated electric aviation ecosystem, raises $318MM Series C from Qatar Investment Authority.

Aviation • South Burlington, VT • Post-Money Valuation

 

Delos Insurance Solutions, a technology-powered property insurance provider specializing in addressing climate-related risks, particularly wildfire mitigation for homeowners, raises $9MM Equity Funding from HSBC Asset Management.

Insurtech • San Francisco, CA • Post-Money Valuation

 

Afference, a technology company that focuses in creating solutions that enhance sensory experiences, raises $3.5MM Seed from Hannah Grey.

Wearables • Boulder, CO • Post-Money Valuation

 

Cold Climate, a developer of a sustainability management platform that streamlines compliance for organizations of all sizes, raises $2.7MM Seed from York IE.

Artificial Intelligence • Minneapolis, MN • Post-Money Valuation

 

Glow International, a firm that develops a blockchain project designed to incentivize the creation of solar plants with carbon credits rewarding, raises $30MM Equity Funding from Union Square Ventures.

Blockchain • San Francisco, CA • Post-Money Valuation


 

 

Prosperity Health, a women's health company that offers non-invasive technology designed to monitor female hormones in real-time, raises $1MM Seed from Freeflow Ventures.

Medical Devices • Los Angeles, CA • Post-Money Valuation

 

Motormia, a developer of an AI-based automotive enthusiast platform intended to guide users on automotive aftermarket performance parts and customizations, raises $8MM Equity Funding from Seed Camp.

Marketplace • Scottsdale, AZ • Post-Money Valuation

 

Waymo, a self-driving technology development company started as the Google self-driving car project, raises $5.6BN Equity Funding from Google LLC.

Autonomous Vehicles • Mountain View, CA • Post-Money Valuation

 

Spot AI, a manufacturer of a network video recording camera system that enables businesses to get the visual context they need to make faster, smarter decision, raises $31MM Equity Funding from QUALCOMM Ventures.

Artificial Intelligence • Burlingame, CA • Post-Money Valuation

 

Persana AI, a developer of an intelligent, agent-driven platform that provides AI-driven sales enhancement, raises $2.3MM Seed from Y Combinator.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation

 

Trinity Guardion, a manufacturer of FDA-cleared microbiological barrier that provides a protective physical barrier to protect the hospital bed and mattress from patient soiling, raises $6MM Equity Funding from Queen City Angels.

Bedding • Batesville, IN • Post-Money Valuation

 

VSS Capital Partners invests in Lane Four, a firm that offers salesforce consulting services specializing the development of revenue opportunity software, sales automation, go-to-market framework, customer management, custom development, billing and financials. 

Customization • Toronto, Canada

 

Oura Health acquires Sparta Science, a company that optimizes health and performance for athletes, warfighters, fitness clients, and patients with evidence-based movement scans and data-driven exercise prescriptions that increase resilience, minimize injury risk, and speed efficient rehabilitation to physical activity.

Performance Management • San Francisco, CA • Deal

 

Battery Ventures acquires QSR Automations, a provider of restaurant technology solutions that include kitchen display, recipe viewer, seating and waitlist management with in-store and online call aheads, in-store and online reservations, and reliable restaurant hardware.

Point of Sale • Louisville, KT • Deal

 

Francisco Partners invests in Evite, a firm that offers digital invitations and party-planning resources such as RSVP tracking, event reminders, guest messaging and more.

Consumer Products • Los Angeles, CA • Deal

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