Reddit files to go public at last

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

February 26, 2024

What We're Reading

Reddit files to go public at last [TechCrunch]
Google is sunsetting the Google Pay app in the US later this year [TechCrunch]
Neuralink is keen to stick a chip in your brain — here's how it got to this point [Business Insider]
Ahead of testing, Blue Origin raises New Glenn on the launch pad for first time [TechCrunch]

Trending Companies

Fabric, a health tech firm that develops a care enablement system automating clinical and administrative work, raises $60MM Series A from General Catalyst.

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

Highway 9 Networks, a provider of a mobile cloud for delivering cloud-native mobility and services for the AI-driven enterprise, raises $25MM Equity Funding from Detroit Ventures.

Cloud • Santa Clara, CA • Post-Money Valuation

VectorShift, a firm that develops an artificial intelligence automation platform intended to help build and deploy generative AI workflows, raises $3MM Seed from Y Combinator.

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

Orkes, a firm that develops microservices and workflow orchestration platforms intended to offer a managed, cloud-hosted version of conductor with tiered support, raises $20MM Equity Funding from Nexus Venture Partners.

Cloud • Cupertino, CA • Post-Money Valuation

Insamo, a firm that develops biotechnology platform intended to better the process of drug discovery by combining ML-driven molecular designs, raises $12MM Seed from Playground Global.

Biotechnology • Berkeley, CA • Post-Money Valuation

Blackbird Health, a neuroscience-led and technology-backed youth mental health provider, raises $17MM Series A from Define Ventures.

Neuroscience • Pittsburgh, PA • Post-Money Valuation

Ventiva, a thermal management products for electronics devices, raises $10MM Series C from Undisclosed Investors.

Electronics • Fremont, CA • Post-Money Valuation

Qloo, a developer of an artificial intelligence-based cultural platform providing completely anonymized consumer taste data and recommendations for leading companies in the tech, entertainment, publishing, retail, travel, hospitality and CPG sectors, raises $25MM Series C from AXA Venture Partners.

Artificial Intelligence • New York, NY • Post-Money Valuation

Mathbrix, a developer of a research-based, SaaS learning platform designed to address growing demand in schools for conceptual approaches to math, raises $1MM Equity Funding from National Science Foundation.

SaaS • St Louis, MI • Post-Money Valuation

Inco, a developer of a confidentiality layer of Web3, powered by fully homomorphic encryption (FHE) and secured by Ethereum, enabling the development of next-frontier decentralized applications (dApps), providing confidentiality to existing blockchains, and breaking down the final barrier to Web3 adoption at scale, raises $4.5MM Equity Funding from 1kx.

Blockchain • New York, NY • Post-Money Valuation

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Pozitivf, an operator of fertility care clinics, raises $20MM Growth Funding from MonCap.

Women Care • San Antonio, TX • Post-Money Valuation

HealthSnap, a company that develops a unified virtual care management platform designed to help healthcare organizations to improve patient outcomes, reduce utilization, and diversify revenue streams, raises $25MM Series B from Undisclosed Investors.

mHealth • Miami, FL • Post-Money Valuation

Conservation Labs, a company that develops a smart water technology designed to monitor water consumption in the built environment, raises $7.5MM Series A from RET Ventures' Housing Impact Fund.

Water Treatment • Brownsville, PA • Post-Money Valuation

Empowerly, an education services company that provides college and career counseling for students, raises $15MM Equity Funding from Conductive Ventures.

Education • San Francisco, CA • Post-Money Valuation

Simetrik, a company that develops a data reconciliation platform designed to gain control and provide visibility to companies, raises $55MM Series B from Goldman Sachs Growth Equity.

Automation • Bogota, Colombia

Levine Leichtman Capital Partners acquires USA Water, a firm that operates water and wastewater holding services.

Holding Company • Houston, TX • Deal

Decathlon Capital Partners invests in Blue Wire, a firm that develops sports podcasting platform intended to bring together a new generation of creators to create audio content.

Podcast • Beverly Hills, CA • Deal

Novaria Group acquires Anillo Industries, a company that operates in the aerospace & defense industry.

Aerospace & Defense • Orange, CA • Deal

Veritiv acquires Vivabox Solutions, a company that designs, manufactures and delivers retailer and brand experiences.

Branding • Rockville, MD • Deal

Remodel Health acquires PeopleKeep, a company that offers employee benefits SaaS solutions to businesses.

Insurtech • Salt Lake City, UT • Deal

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