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Biden signs bill that would ban TikTok if ByteDance doesn't sell

Biden signs bill that would ban TikTok if ByteDance doesn't sell
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
April 25, 2024

What We're Reading

  • Biden signs bill that would ban TikTok if ByteDance fails to sell the app [TechCrunch]
  • Snowflake releases a flagship generative AI model of its own [TechCrunch]
  • Block lets Square merchants convert a part of their daily sales to bitcoin [TechCrunch]
  • Fintech gaming startup Sanlo’s webshop tool could help developers avoid costly app store fees [TechCrunch]

Trending Companies

 

SWTCH Energy, a provider of EV charging solutions for multifamily and commercial properties across North America, raises $27.2MM Series B from Blue Earth Capital.

Energy Management • Toronto, Canada

 

SynOx Therapeutics, a clinical biopharmaceutical firm that provides life-improving options to address the unmet clinical needs of people living with (TGCT)Tenosynovial giant cell tumors and other macrophage-mediated diseases, raises $75MM Equity Funding from Forbion Capital Partners.

Drug Research • Dublin, Ireland

 

Skyports, an AdvancedAirMobility (AAM) company providing the critical link between the ground and the sky, raises £88.6MM Series C from ACS.

Aircraft • London, United Kingdom

 

Avive Solutions, a medical technology company that has developed an automated external defibrillator (AED) and software solutions to help patients increase survival rates from sudden cardiac arrests, raises $56.5MM Equity Funding from Questa Capital.

Medical Devices • San Francisco, CA • Post-Money Valuation

 

Xfactor.io, a developer of a comprehensive AI-powered revenue platform, raises $16MM Series A from Accel Partners.

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

 

Corner Therapeutics, an immunotherapy firm that offers a versatile dendritic cell hyperactivation platform, raises $54MM Series A from Ziff Capital Partners.

Biotechnology • Watertown, MA • Post-Money Valuation

 

Curio Legacy Ventures, a company focused on advancing nuclear technologies, particularly in the area of a closed fuel cycle, to sustain existing nuclear infrastructure and facilities, raises $14MM Seed from Synergos Holdings.

Energy • Washington, DC • Post-Money Valuation

 

Xcite Automotive acquires Pinnacle Automotive, a firm that offers porter services including auto wash or detail services, courtesy shuttle drivers and delivery coordinators.

Car Wash • Owings Mills, MD • Deal

 

LSI Industries acquires EMI Industries, a company that manufactures custom store fixtures and equipment for restaurants, supermarkets, convenience stores and drug store chains.

Commercial Products • Tampa, FL • Deal

 

ABOUT Healthcare acquires Edgility, a firm that develops healthcare software solutions.

IT Management • Tampa, FL • Deal

 

 

Sila Services acquires T-Mark Plumbing, Heating, Cooling & Electric, a provider of plumbing and HVAC installation and maintenance services in the Western New York area.

HVAC • Buffalo, NY • Deal

 

SixSpeed acquires KC Truth, an advertising agency.

Branding • Minneapolis, MN • Deal

 

OV Loop acquires Cultos.io, a developer of a web3 marketing platform that provides businesses with customer acquisition, engagement and retention programs.

Web3 • San Francisco, CA • Deal

 

ESO Solutions intends to acquire Logis Solutions, a company that provides solutions that use automation, integration and customization to give leaders in emergency medical services, fire departments, emergency communications and healthcare the information and tools they need to deliver high-quality, efficient service.

Emergency Services • Issaquah, WA • Deal

 

West Lane Capital Partners acquires Mented Cosmetics, a firm that operates a cosmetics brand to provides cruelty-free makeup for all women.

Cosmetics • New York, NY • Deal

 

Accenture Federal Services intends to acquire Cognosante, a company that provides healthcare consulting, technology solutions, and business process outsourcing services.

Health Care • Falls Church, VA • Deal

 

ImpactKarma acquires DoneGood, a company that operates an online shopping platform intended to help clients to reduce poverty, fight climate change, and support other good causes.

E-Commerce • Denver, CO • Deal

 

Exyte acquires Kinetics, a firm that offers full-service process and mechanical contractor.

Mechanical Engineering • Livermore, CA • Deal

 

Risk Mitigation Consulting acquires Securicon, a company that provides consulting services for application, system and network security.

Compliance • Alexandria, VA • Deal

 

ShiftMed acquires CareerStaff Unlimited, a recruitment agency serving the health care industry.

Recruitment • Irving, TX • Deal

 

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