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Will AI Replace Developers?

Will AI Replace Developers?
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
Nov 28, 2022

What We're Reading

Google's New Project (BI) Profile
Video Game Companies Braces for Lackluster Holiday Season (WSJ) Industry List
Mastodon's Taking An Anti-Musk Approach to Its Growth (Fortune) Insight Report
Is Starbucks the Gas Station of the Future? (Fast Company) Industry List
Hedge Fund That Beat 99% of Its Peers Is Placing Bets on Meta  (Bloomberg)

Trending Companies

WorkJam, a developer of a digital frontline workplace for the retail, hospitality, and manufacturing industries, raises $50MM Series D from Fonds de solidarité FTQ.

Workplace Management • Montreal, Canada

 

Wesper, a company that develops a topical patch designed to bring a change in sleep medicine, raises $9.6MM Series A from Valor Equity Partners.

Wearables • New York, NY • Post-Money Valuation

 

Tenovos, a company that provides the Active Story Management (ASM) platform for large global brands in CPG, retail, media & entertainment, raises $10MM Series B from Stanhope Capital.

SaaS • New York, NY • Post-Money Valuation

 

Carv, a company that builds a user-owned gaming identity that enables achievement display, friends & games discovery, and direct monetization, raises $4MM Seed from Vertex Venture Management.

Web3 • Florence, MA • Post-Money Valuation

 

Podimetrics, a virtual care management and technology firm that provides a system for keeping diabetic feet healthy, raises $25MM Debt Funding from CIBC Innovation Banking.

Healthcare Technology • Somerville, MA • Post-Money Valuation

 

UgoWork, an energy-as-a-service company that develops lithium-ion batteries for the material handling industry, raises $22.8MM Series B from Fonds de solidarité FTQ.

Batteries • Quebec, Canada

 

Popup.store, a company that offers an end-to-end e-commerce platform, raises $3.5MM Seed from Accel.

No Code • Claymont, Delaware • Post-Money Valuation

 

Nucleo, a company that develops a multi-sig wallet intended to create trust, and accountability to the blockchain, raises $4MM Seed from Bain Capital Crypto.

Cryptocurrency • Santa Monica, CA • Post-Money Valuation

 

City State Entertainment, a firm that develops and operates video games, raises $15MM in Equity Funding from undisclosed investors.

Video Games • Fairfax, VA • Post-Money Valuation

 

Clerk, a company that offers authentication and user management software, raises $6.2MM Seed from Andreessen Horowitz.

SaaS • San Francisco, CA • Post-Money Valuation

Since last week, PrivCo has added:
1957 Companies | 161 Funding Rounds | 110 M&A Deals

AIM7, a company that provides an application-based platform intended to unlock wearable and health data, raises $1.3MM Seed from Brent Smolik.

Health Care • Hutto, TX • Post-Money Valuation

 

Novo, a company that provides a banking platform for small businesses, raises $35MM Series B from GGV Capital.

Fintech • Miami, FL • Post-Money Valuation
 

inCitu.ar, a company that developed an augmented reality-powered civic engagement app, raises $2MM Equity Funding from Schmidt Futures.

Augmented Reality • Brooklyn, NY • Post-Money Valuation

 

Acerta Analytics Solutions, a company that develops an AI-based automotive analytics platform, raises $8MM Series B from Thrive Venture Funds.

Artificial Intelligence • Kitchener, Canada

 

Aura Frames, a company that makes digital frames and photo-sharing apps, raises $26MM in Debt and Equity Funding from LAGO Innovation Fund.

Consumer Products • New York, NY • Post-Money Valuation

 

Midnight, a game developer company, raises $7.5MM Seed from Shima Capital.

Games • Dover, DE • Post-Money Valuation

 

Saile, a company that provides a software solution to help automate the prospecting life cycle, raises $1.35MM Seed from Valor Ventures Fund 2.

Automation • Kansas, MO • Post-Money Valuation

 

Kingsway Financial Services acquires Secure Nursing Service, a healthcare supplemental staffing agency.

Human Resources • Los Angeles, CA • Deal

 

Intention.ly acquires C-Suite Social Media, a digital marketing agency for the financial industry.

Marketing • Yardley, PA • Deal

  

Ciena Corporation announces the acquisition of Tibit Communications, a  company that develops pluggable devices designed to virtualize the access network using Ethernet switching.

Technology • Petaluma, CA • Deal

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