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Meta adds its AI chatbot to the search bar across its apps

Meta adds its AI chatbot to the search bar across its apps
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
April 19, 2024

What We're Reading

  • Meta adds its AI chatbot, powered by Llama 3, to the search bar across its apps [TechCrunch]
  • ChatGPT is a squeeze away with Nothing’s upgraded earbuds [TechCrunch]
  • Google fires 28 employees after sit-in protest over controversial Project Nimbus contract with Israel [TechCrunch]
  • Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares [TechCrunch]

Trending Companies

Berachain, a company that develops an ethereum-compatible blockchain for financial applications, raises $100MM Series B from Brevan Howard Digital.

Blockchain • Cosmos, MN • Post-Money Valuation

 

Averatek, a company that provides custom design services and patterned circuit board materials, raises $10MM Equity and Government Funding from Undisclosed Investors.

Printed Circuit • Santa Clara, CA • Post-Money Valuation

 

Upstage, a company that provides customized AI services intended to assist companies in the field of artificial intelligence, raises $72MM Series B from SK Networks Company.

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

 

Asher Biotherapeutics, a company that develops immunotherapy drugs designed to treat cancer, raises $55MM Series C from RA Capital Management.

Drug Research • South San Francisco, CA • Post-Money Valuation

 

Paraform, a company that operates a recruiting platform, raises $3.6MM Seed from Primer Sazze Partners.

Recruitment • San Francisco, CA • Post-Money Valuation

 

Dot Compliance, a developer of a cloud-based native salesforce platform intended to cleanse, visualize and predict sales and marketing data, raises $17.5MM Series B from IGP Capital.

Artificial Intelligence • Phoenix, AR • Post-Money Valuation

 

Quilt, a provider of home climate systems designed for energy efficiency, raises $33MM Series A from Energy Impact Partners.

Climatetech • Redwood, CA • Post-Money Valuation

 

Evergreen Theragnostics, a clinical-stage radiopharmaceutical firm that focuses on improving the available options for cancer patients, raises $26MM Equity Funding from Petrichor.

Radiology • Springfield, NJ • Post-Money Valuation

 

Ecotrak, a developer of facilities and asset management SaaS platforms, raises $30MM Equity Funding from Respida Capital.

SaaS • Irvine, CA • Post-Money Valuation

 

KODE Labs, a company that provides a smart building operating system which integrates all forms of building management and operational systems while reducing energy, carbon emissions and automating operations, raises $30MM Series B from Maverix Private Equity.

Enterprise Software • Detroit, MI • Post-Money Valuation

 

 

 

The Provenance Chain Network, a provider of a supply-chain transparency platform for a wide range of industries including consumer packaged goods, footwear & apparel, housing & construction, and the aerospace and defense sector, raises $4MM Series A from Undisclosed Investors.

Supply Chain Management • Portland, OR • Post-Money Valuation

 

Simbian, a company that provides AI security, raises $10MM Seed from Cota Capital.

Security • Mountain View, CA • Post-Money Valuation

 

Tabs, a company that develops an accounts receivable (AR) platform for B2B businesses, raises $7MM Seed from Lightspeed Venture Partners.

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

 

CleanFiber, a manufacturer of cellulose-based insulation products from recycled corrugated cardboard boxes, raises $28MM Series B from Spring Lane Capital.

Insulation • Buffalo, NY • Post-Money Valuation

 

GridBeyond, a developer of an AI-powered technology platform for the electricity generation sector, raises €52MM Series C from Klima.

Artificial Intelligence • Dublin, Ireland

 

Inference Labs, a firm that combines AI and web3 technologies, raises $2.3MM Pre-Seed from Digital Asset Capital Management.

Web3 • Hamilton, Canada

 

General Atlantic invests in HighLevel, a developer of an all-in-one sales & marketing platform that marketers can white-label and resell to their clients.

Enterprise Software • Dallas, TX • Deal

 

OceanSound Partners acquires Message Broadcast, a company that provides engagement solutions that shape customer experiences for the world's top brands.

Telecommunications • Newport Beach, CA • Deal

 

Imperial Dade acquires Harbour Food Service Equipment, a distributor of foodservice equipment and supplies.

Commercial Products • Chelsea, MA • Deal

 

Cisco acquires Isovalent, a company that develops enterprise open source software and commercial products that enable operators and security professionals to provide networking, security, and observability in distributed infrastructure.

Cloud • Cupertino, CA • Deal

 

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