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Anthropic hires OpenAI co-founder Durk Kingma

Anthropic hires OpenAI co-founder Durk Kingma
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 2, 2024

What We're Reading

  • Anthropic hires OpenAI co-founder Durk Kingma [TechCrunch]
  • Serve Robotics and Wing to trial robot-to-drone delivery in Dallas [TechCrunch]
  • Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf [TechCrunch]
  • How the FBI and Mandiant caught a ‘serial hacker’ who tried to fake his own death [TechCrunch]

Trending Companies

 

Gladly Software, a company that operates a customer service platform, raises $40MM Equity Funding from AVP.

Customer Service • San Francisco, CA • Post-Money Valuation

 

Prepared, a software company with a safety application designed to transform the way one communicates during any emergency specifically in schools, raises $27MM Series B from Andreessen Horowitz.

Safety • New Haven, CT • Post-Money Valuation

 

Phare Bio, a company that develops antibiotic classes by artificial intelligence, receives a $27MM Grant from Advanced Research Projects Agency for Health.

Drug Research • Boston, MA • Post-Money Valuation

 

Observe, a firm that develops and provides data management software, raises $145MM Series B from Evolution Equity Partners.

SaaS • San Mateo, CA • Post-Money Valuation

 

Helaina, a company that produces bioactive proteins through fermentation to offer a new category of functional food products, raises $45MM Series B from Avidity Partners.

Biotechnology • New York, NY • Post-Money Valuation

 

OxeFit, a robotics technology company intended to redefine the way strength training is performed, raises $17.5MM Equity Funding from Dave Asprey.

Robotics • Plano, TX • Post-Money Valuation

 

Micropep, a firm that develops biomimetic peptides, biofertilizers, and bioherbicides intended to manage plant genetics and improve agricultural yields, raises $11MM Series B from Sparkfood SA.

Plants • Durham, NC • Post-Money Valuation

 

858 Therapeutics, a biotechnology and drug discovery company, raises $50MM Series B from Avidity Partners.

Drug Research • San Diego, CA • Post-Money Valuation

 

3D Cloud, a platform developer for virtual and augmented reality visualization, raises $20MM Equity Funding from Bellini Capital.

Augmented Reality • Miamisburg, OH • Post-Money Valuation

 

PackGistics acquires Ray the Mover, a firm that provides moving and storage services for individuals and businesses.

Freight • Naples, FL • Deal

 

 

Veteran Ventures invests in Agile Space Industries, a company that designs, manufactures and tests in-space propulsion solutions for satellites and spacecraft.

Aircraft • Durango, CO • Deal

 

Grace Hill acquires ReaLync, a software company that provides a live video tour platform for home leasing.

Video • Chicago, IL • Deal

 

Emler Swim School acquires AQUAfin Swim, a firm that offers swimming lessons and training.

Swimming • Jacksonville, FL • Deal

 

NVIDIA acquires OctoAI, a machine learning acceleration platform company which aims to accelerate model performance while enabling seamless deployment of models across any hardware platform, cloud provider, or edge device.

Generative AI • Seattle, WA • Deal

 

TransTech Energy acquires CTR, a provider of industrial gas products and services for cryogenic applications.

Industrial Services • Rock Hill, SC • Deal

 

Omnicom Group acquires LeapPoint, a digital advisory firm dedicated to helping organizations connect their people, processes, and technology to improve orchestration across the entire marketing lifecycle.

IT Consulting • Reston, VA • Deal

 

Codan acquires Skt2, a provider of tactical and communications technology to the defense sector.

Communications • Camas, WA • Deal

 

L Catterton invests in Solidcore, a company that provides wellness and fitness training programs.

Gym • Arlington, VA • Deal

 

Thermogenics acquires Pyro, a firm that provides heating system services such as maintenance, repairs and installations.

Repair & Maintenance • Las Vegas, NV • Deal

 

Vulcan acquires Wake Stone, a firm that franchises stones for the construction industry.

Aggregates • Knightdale, NC • Deal

 

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