Why Everything is AI in 2023?

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

Feb 10, 2023

What We're Reading

Why Everything is AI in 2023? (Forbes)
H ow AI is De-Aging Stars on Screen (Guardian)
S oftbank Loses Another 5.9BN in Earnings Call (Bloomberg) Profile
T op CIOs Share Concerns On The Future Of Global Markets (Bloomberg)
AI Tech Enables Industrial-Scale Intellectual-Property Theft (WSJ)

Trending Companies

Blip Labs Technologies, a company that develops a bill payment platform designed to provide payment processing for customers, raises $2.1MM Seed from Susa Ventures.

Fintech • Philadelphia, PA • Post-Money Valuation

Conquest Planning, a company that develops a financial planning software, raises C$24MM Series A from Fidelity International Strategic Ventures.

Fintech • Winnipeg, Canada

FireCompass, a company that operates a SaaS platform for Continuous Automated Red Teaming (CART) and Attack Surface Management (ASM), raises $7MM Series A from Cervin Ventures.

CyberSecurity • Boston, MA • Post-Money Valuation

Voyager Space, a company acquiring and operating companies in the space exploration industry, raises $80.2MM Equity Funding from NewSpace Capital.

Aerospace & Defense • Denver, CO • Post-Money Valuation

Ushur, a software company that provides a no-code development platform, raises $50MM Series C from Third Point Ventures.

Enterprise Software • Santa Clara, CA • Post-Money Valuation

Jobber, a developer of job tracking and customer management software solutions for home service businesses, raises $100MM Series D from General Atlantic.

Customer Relationship Management (CRM) • Edmonton, Canada

Therma, a company that develops a cooling intelligence platform that helps combat food and energy waste, raises $19MM Series A from Zero Infinity Partners.

Sensors • San Francisco, CA • Post-Money Valuation

FloxDev, a company that enables organizations manage and share development environments, package projects for others and publish artifacts anywhere, raises $16.5MM Series A from New Enterprise Associates.

Software Development • New York, NY • Post-Money Valuation

MindsDB, a company that developed an open source applied machine learning (ML) platform that enables developers to create AI-centered applications, raises $16.5MM Series A from Benchmark.

SaaS • San Jose, CA • Post-Money Valuation

Riot Security, a platform developer that provides cybersecurity, raises $12MM Series A from Base10 Partners.

Network Security • New York, NY • Post-Money Valuation

Since last week, PrivCo has added:
1047 Companies | 167 Funding Rounds | 131 M&A Deals

Boost Your Research Efforts Today

Lineaje, a company that provides Continuous Software Supply Chain Security Management to companies that build or use software, raises $7MM Seed from Tenable Ventures.

Software • Saratoga, CA • Post-Money Valuation

Moonhub, a company that provides combined AI technology and automation solutions to deliver recruitment and staffing services, raises $4.4MM Seed from Khosla Ventures.

Enterprise Software • Menlo Park, CA • Post-Money Valuation

Frond, a developer of a software platform for building online communities, raises $3.3MM Seed from Cherry Ventures.

Platform-as-a-Service (PaaS) • San Francisco, CA • Post-Money Valuation

Moderne, a software developer that helps code to fix automatically, raises $15MM Series A from Intel Capital.

Automation • San Francisco, CA • Post-Money Valuation

Kognitos, a company that enables generative AI to automate enterprise business processes, raises $6.75MM Seed from Clear Ventures.

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

Asset-Map, a company that provides software-as-a-process solutions for financial professionals who provide in-person and remote advice in the wealth management, investment and insurance markets, raises $6MM Series B from undisclosed investors.

Fintech • Philadelphia, PA • Post-Money Valuation

Garuda Therapeutics, a biotech firm that develops off-the-shelf, self-renewing blood stem cells, raises $62MM Series B from Northpond Ventures.

Biotechnology • Cambridge, MA • Post-Money Valuation

Athenix acquires Marina Plastic Surgery, a provider of cosmetic plastic surgery and skin care services.

Skincare • Marina Del Rey, CA • Deal

Unifirst acquires Clean the Uniform, a firm that provides uniform, workwear and facility service.

Uniforms • St. Louis, MO • Deal

Independent Pet Partners, a company that operates a digital, retail, education and services platform for holistic pet wellness files for Chapter 11 bankruptcy protection.

Pet Care • Woodbury, MN • Bankruptcy Activity

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