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OpenAI unveils GPT-4o mini

OpenAI unveils GPT-4o mini
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
July 19, 2024

What We're Reading

  • OpenAI unveils GPT-4o mini, a small AI model powering ChatGPT [TechCrunch]
  • Proton launches ‘privacy-first’ AI writing assistant for email that runs on-device [TechCrunch]
  • Google accused of misleading consumers to grab more data for ads [TechCrunch]
  • USPS shared customer postal addresses with Meta, LinkedIn and Snap [TechCrunch]

Trending Companies

Monetary Metals, a company that operates a gold yield marketplace platform that provides gold yields to investors, raises $5MM Equity Funding from Undisclosed Investors.

Platform • Scottsdale, AZ • Post-Money Valuation

 

TruckSmarter, a company that develops and operates a load board aggregator application for freight haulers, receives $50MM Debt Funding from CoVenture.

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

 

Kindo, a company that provides an open AI platform for all businesses, SMB to Enterprise, designed to empower every worker, raises $20.6MM Equity Funding from Drive Capital.

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

 

The Bouqs, an online flower delivery company, raises $23MM Debt & Equity Funding from Crowdout Capital.

Flowers • Marina del Rey, CA • Post-Money Valuation

 

DataCore, a storage and networking software solutions company, raises $60MM Equity Funding from Vistara Growth.

Data Management • Fort Lauderdale, FL • Post-Money Valuation

 

Kins Health, a company that provides modern physical therapy services, raises $7MM Series A from Healthworx.

Physical Therapy • New York, NY • Post-Money Valuation

 

Thyme Care, a firm that develops oncology care platform and provides health care services, raises $95MM Series C from Concord Health Partners.

Health Care Technology • Nashville, TN • Post-Money Valuation

 

It'sElectric, a firm that manufactures and delivers EV charging, raises $6.5MM Seed from Uber.

Electric Vehicle • Brooklyn, NY • Post-Money Valuation

 

Seven Starling, a digital clinic uniquely focused on treating perinatal mental health conditions, raises $10.9MM Seed from RH Capital.

Mental Health • Washington, DC • Post-Money Valuation

 

NovoNutrients, a company that develops a fermentation platform designed to transform industrial waste carbon dioxide emissions into alternative protein food and feed ingredients, raises $18MM Series A from Woodside Energy.

Alternative Protein • Sunnyvale, CA • Post-Money Valuation

 

Cardurion, a cardiovascular biotechnology company developing therapeutics for the treatment of heart failure and cardiovascular diseases, raises $260MM Series B from Ascenta Capital.

Therapeutics • Burlington, MA • Post-Money Valuation

 

Jacobi, a company that develops robotics software, raises $5MM Seed from Moxxie Ventures.

Robotics • Berkeley, CA • Post-Money Valuation

 

Exa Labs, a company that develops an artificial intelligence-powered search engine designed to perform web searches at a large scale, raises $22MM Series A from Lightspeed Venture Partners.

Search Engine • San Francisco, CA • Post-Money Valuation

 

LevelTen, a firm that develops renewable energy transaction platforms intended to connect corporate and institutional power buyers to offsite projects, raises $65MM Series D from B Capital Group.

Renewable Energy • Seattle, WA • Post-Money Valuation

 

Asceneuron, a clinical stage biotech company, raises $100MM Series C from Novo Holdings.

Therapeutics • Lausanne, Switzerland

 

CatalYm, a biopharmaceutical company that develops antibodies against a placental factor which is overexpressed by various tumor types, raises $150MM Series D from Canaan Partners.

Biotechnology • Planegg, Germany

 

Accel Entertainment intends to acquire Fairmount Holdings, a firm that operates hotel and leisure services.

Hotel • Spokane, WA • Deal

 

Southfield Capital acquires TFS, a firm that offers facility maintenance, loading docks & doors, material handling and power management services.

Supply Chain Management • Perrysburg, OH • Deal

 

Google intends to acquire Wiz, a company that provides a cloud security platform for companies to secure their cloud infrastructure at scale.

Cloud • New York, NY • Deal

 

Med-Metrix acquires Healthcare Receivable Specialists, a company that provides Medical Assistance Eligibility Services to hospitals in Pennsylvania and bordering states.

Health Care • Philadelphia, PA • Deal

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