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Meta jumps aboard the nuclear-powered data center bandwagon

Meta jumps aboard the nuclear-powered data center bandwagon
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 5, 2024

What We're Reading

  • Meta jumps aboard the nuclear-powered data center bandwagon [TechCrunch]
  • AWS brings prompt routing and caching to its Bedrock LLM service [TechCrunch]
  • Google’s Gradient backs Cake, a managed open source AI infrastructure platform [TechCrunch]
  • OpenAI CEO Sam Altman says it’d be ‘un-American’ for Elon Musk to wield political influence to harm rivals [TechCrunch]

Trending Companies

 

Cradle Bio, a biotechnology company leveraging machine learning for engineering proteins, raises $73MM Series B from IVP.

Biotechnology • Delft, Netherlands

 

Tempest Labs, a provider of a ready-to-use self-serve platform, empowering developers to automate building, deploying and managing their apps with built-in security and compliance, raises $3.2MM Equity Funding from Abstract Ventures.

Developer Tools • San Francisco, CA • Post-Money Valuation

 

Capitolis, a company that provides banks, asset managers and hedge funds across the market ecosystem with a technology platform that allows them to free up capital and safely remove barriers that would otherwise restrict growth, raises $20MM Equity Funding from Citigroup.

Fintech • New York, NY • Post-Money Valuation

 

Range Finance, a developer of an AI-powered wealth-tech platform, raises $28MM Series B from Cathay Innovation.

Fintech • McLean, VA • Post-Money Valuation

 

Eon.io, a developer of a cloud backup solution that introduces the first backup autopilot for cloud infrastructure, raises $70MM Series C from Bond Capital.

Cloud • New York, NY • Post-Money Valuation

 

PlayAI, a provider of a voice AI platform, raises $21MM Seed from Kindred Ventures.

Artificial Intelligence • Palo Alto, CA • Post-Money Valuation

 

Cofactor AI, a company that operates in the healthcare services industry, raises $4MM Seed from Drive Capital.

Revenue Cycle Management • Chicago, IL • Post-Money Valuation

 

Doron Therapeutics, a clinical-stage biotech company focusing on degenerative musculoskeletal conditions, raises $11MM Series A from SPRIM.

Biotechnology • Chapel Hill, NC • Post-Money Valuation

 

Circleback AI, a firm that develops AI-powered platform for meeting notes and automations, raises $2.5MM Seed from Y Combinator.

SaaS • San Francisco, CA • Post-Money Valuation

 

Wherobots, a company that provides spatial computing and AI technology at the developer' s disposal, raises $21.5MM Series A from Felicis Ventures.

Artificial Intelligence • Scottsdale, AZ • Post-Money Valuation

 

 

Sirona, a company that develops software solutions for healthcare providers that support patient care and clinical workflows, raises $42MM Series C from Avidity Partners.

Operating Systems • San Francisco, CA • Post-Money Valuation

 

Roon, a company that develops a health platform designed for challenging health conditions, raises $15MM Series A from Forerunner Ventures.

Health Care Technology • New York, NY • Post-Money Valuation

 

Montara, a company that develops an AI-driven platform designed to automate the management of cloud infrastructure, raises $5.4MM Seed from Norwest Venture Partners.

Automation • Milpitas, CA • Post-Money Valuation

 

Innovative Fluid Handling Group acquires Dynamic Tube, a tier-1 part supplier to OEMs in the construction, agriculture, mining, rail, material handling, defense, and aerospace industries specializing in custom fabricated tube and pipe assemblies built to customer's print, spec and finish.

CNC Machining • Maquoketa, IA • Deal

 

IQ Fiber acquires Thinkbignetworks, a fiber optic broadband internet service provider.

Internet Services • Chestertown, MD • Deal

 

Yelp acquires RepairPal, a company that develops an auto repair price estimator platform designed to provide automobile repair and maintenance information to users.

Collision Repair • San Francisco, CA • Deal

 

LeafLink acquires Leaf Trade, a developer of a wholesale ordering platform intended to connect licensed cannabis vendors and dispensaries.

AgTech • Chicago, IL • Deal

 

Paine Schwartz Partners acquires Promix, a firm that produces quality protein supplements and snacks such as protein, organic vegan protein, grass-fed collagen, non-GMO, gluten, and soy-free food.

Dietary Supplements • New York, NY • Deal

 

Inflection AI acquires JelledAI, a firm that develops strategic operating platform to help creates and manages the plan of record, and scenario plan, observe progress, and detect risks.

Collaboration • Sunnyvale, CA • Deal

 

GTCR invests in Tricentis, a company that provides continuous testing for agile enterprise organizations.

API • Austin, TX • Deal

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