Cruise recalls robotaxi fleet

PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.

August 23, 2024

What We're Reading

Cruise recalls robotaxi fleet to resolve federal safety probe [TechCrunch]
China autonomous vehicle startup WeRide delays US IPO [TechCrunch]
Typing these four characters could crash your iPhone [TechCrunch]
Meta lets you cross-post from Instagram and Facebook to Threads. Here’s how to do it. [TechCrunch]

Trending Companies

CruxOCM, a company that develops operations control management software in control room operations through robotic industrial process automation (RIPA), raises $17MM Series A from Microsoft Ventures.
Industrial Automation • Calgary, Canada

Rx Save Card, a company that provides pharmacy benefit solutions, raises $1.7MM Seed from Distributed Ventures.

Pharmacy Benefit Management • Chicago, IL • Post-Money Valuation

Kiteworks, a software company that provides a secure content collaboration platform for enterprises, raises $456MM Equity Funding from Insight Partners.

Enterprise Software • San Mateo, CA • Post-Money Valuation

CodeRabbit, a company that provides detailed, line-by-line code suggestions and conversation capabilities for Q&A within your lines of code, raises $16MM Series A from Charles River Ventures.

Developer Tools • Walnut Creek, CA • Post-Money Valuation

definity, a company that develops a data pipeline system designed for spark-heavy data engineering teams, raises $4.5MM Seed from StageOne Ventures.

Analytics • Chicago, IL • Post-Money Valuation

HistoSonics, a medical devices and equipment company, raises $102MM Series D from Alpha Wave Ventures.

Health Care Equipment • Plymouth, MN • Post-Money Valuation

DSTLRY, a firm that operates comic book publishing services, raises $5MM Seed from 1AM Gaming.

Books • New York, NY • Post-Money Valuation

Consensus NLP, a developer of an AI-powered search engine that uses language models to find answers in peer reviewed scientific research, raises $11.5MM Series A from Union Square Ventures.

Artificial Intelligence • Boston, MA • Post-Money Valuation

Neptune Medical, a medical device start-up that develops, manufactures, and commercializes high-volume, high clinical utility medical devices initially commercialized for gastroenterology, raises $97MM Series D from Olympus Capital Investments.

Medical Devices • Burlingame, CA • Post-Money Valuation

Goodfire AI, a developer of an interpretability tooling for safe and reliable generative AI models, raises $7MM Seed from Lightspeed Venture Partners.

Developer Tools • San Francisco, CA • Post-Money Valuation

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Amount, a fintech company that develops a fully customizable solution enabling financial institutions to successfully digitize their retail product offerings, raises $20MM Equity Funding from Curql.

Enterprise Software • Chicago, IL • Post-Money Valuation

Medical 21, a developmental stage medical technology company that is revolutionizing heart bypass surgery with an artificial graft, raises $2.5MM Equity Funding from Undisclosed Investors.

Health Care Equipment • Minneapolis, MN • Post-Money Valuation

Caresyntax, a company that develops a data-driven surgical analysis platform, raises $180MM Series C from Vesalius BioCapital Partners.

Technology Services • Larkspur, CA • Post-Money Valuation

Intramotev, a tech firm that develops autonomous, zero-emission rail solutions, raises $14MM Series A from Flybridge Capital Partners.

Autonomous Vehicles • Saint Louis, MO • Post-Money Valuation

Quantum Circuits, a company that develops quantum computers intended to accelerate research and enable the scaling of quantum computing, raises $60MM Series B from Sequoia Capital.

Quantum Computing • New Haven, CT • Post-Money Valuation

Verance Capital invests in Range Media Partners, a company that offers talent management and brand strategy services.

Human Resources • Santa Monica, CA • Deal

Redwire intends to acquire Hera Systems, a company that designs, develops and deploys small satellites to empower critical missions in defense and security.

Aerospace & Defense • San Jose, CA • Deal

The Blackstone Group intends to acquire M3, a provider of hospitality-specific back-office accounting, reporting, business intelligence and analytic software solutions.

Software Development • Gainesville, GA • Deal

Portside acquires LeaseWorks, a company that provides cloud based asset management, customer relationship management and other software products.

Customer Relationship Management (CRM) • Stamford, CT • Deal

RESA Power acquires High Voltage Electric Service, a firm that provides transformer and equipment rentals services.

Electrical • Guilderland, NY • Deal

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