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EV startup Fisker files for bankruptcy

EV startup Fisker files for bankruptcy
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 19, 2024

What We're Reading

Trending Companies

 

Grayce, a firm that offers elderly care services, raises $10.4MM Series A from Maveron.

Senior Care • San Francisco, CA • Post-Money Valuation

 

Aidentified, a firm that develops an AI-based relationship mapping and sales prospecting software, raises $12.5MM Series B from FactSet.

Data Processing • Concord, MA • Post-Money Valuation

 

Apex Space, a space engineering company that develops and manufactures spacecrafts, raises $95MM Series B from 8VC.

Aircraft • Culver City, CA • Post-Money Valuation

 

Pyte, a data utilization and sharing platform which preserves the confidentiality of data during the entire data lifecycle including the computation itself, raises $5MM Equity Funding from Myriad Venture Partners.

Artificial Intelligence • Los Angeles, CA • Post-Money Valuation

 

Alexsei, a company that develops a generative AI for legal services, raises $11MM Series A from Drive Capital.

Generative AI • Toronto, Canada

 

Alida, a company developing the next generation of RNA analysis tools to enable new medical treatments and diagnostic assays, raises $7.5MM Series A from Genoa Ventures.

Medical • San Diego, CA • Post-Money Valuation

 

Alzheon, a company engaged in the development of portfolio of product candidates and diagnostic assays for patients suffering from Alzheimer's disease (AD) and other neurodegenerative disorders, raises $100MM Series E from Alerce Medical Technology Partners.

Drug Research • Framingham, MA • Post-Money Valuation

 

ElectronX, a company that develops an electricity exchange for the energy transition, providing power market participants with innovative trading products to manage price risk against short-term volatility, raises $15MM Seed from Innovation Endeavors.

Financial Exchanges • Chicago, IL • Post-Money Valuation

 

BlinqIO, a company that develops autonomous human-like virtual testers operated by AI, raises $5MM Equity Funding from Flint Capital.

Artificial Intelligence • Wilmington, DE • Post-Money Valuation
 

CargoSense, a Software-as-a-Service (SaaS) company that provides robust logistics oversight for supply chain networks, raises $8MM Series A from Lanza techVentures.

SaaS • Reston, VA • Post-Money Valuation

 

 

Balance Point Capital invests in Essential Turbines, a firm that offers maintenance, repair, and overhaul services intended for the aviation sector.

Repair & Maintenance • Dorval, Canada

 

Serent Capital invests in Harperdb, a company that develops data management software.

Data Management • Denver, CO • Deal

 

KKR invests in Quick Quack Car Wash, a company that provides car wash services.

Car Wash • Roseville, CA • Deal

 

ACTO acquires 4th Down Solutions, a firm that develops digital data-driven platform and provides innovative technology and data-driven learning solutions.

Data Integration • West Palm Beach, FL • Deal

 

Sunbelt Solomon acquires Valley Transformer, a provider of transformer repair and refurbishment services.

Repair & Maintenance • Otis Orchards, WA • Deal

 

The Blackstone Group acquires Tropical Smoothie Cafe, a smoothies and restaurant franchise.

Restaurants • Atlanta, GA • Deal

 

Friedman Fleischer & Lowe invests in Apex Infusion, a company that provides infusion therapy services for non-hospital patients.

Therapy • Signal Hill, CA • Deal

 

Mouri Tech acquires Vertisystem, a staffing, engineering and IT professional services firm.

Technology Services • Fremont, CA • Deal

 

One Six Solutions acquires Strong Analytics, a provider of custom machine learning software and solutions.

Predictive Analytics • Chicago, IL • Deal

 

Med-Metrix acquires HBCS, a company that provides accounts receivable management services to healthcare organizations.

Revenue Cycle Management • New Castle, DE • Deal

 

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