Tesla shareholders sue Musk

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

June 17, 2024

What We're Reading

Tesla shareholders sue Musk for starting competing AI company [TechCrunch]
Former NSA head joins OpenAI board and safety committee [TechCrunch]
Spotify announces an in-house creative agency, tests generative AI voiceover ads [TechCrunch]
Meta pauses plans to train AI using European users’ data, bowing to regulatory pressure [TechCrunch]

Trending Companies

Whizz, a company that offers e-bike rental subscription and services, raises $12MM Series A from LETA Capital.

Subscription • New York, NY • Post-Money Valuation

Fizz, a company that offers a credit-building debit card for students, raises $14.4MM Seed from Kleiner Perkins.

Credit • New York, NY • Post-Money Valuation

Doowii, a company that develops a generative AI data platform built specifically for educators, raises $4.1MM Equity Funding from GSV Ventures.

EdTech • Boulder, CO • Post-Money Valuation

HYPR, a platform developer for decouples authentication security, raises $30MM Equity Funding from Silver Lake Partners.

Security Systems • New York, NY • Post-Money Valuation

Archera, a company that develops a cloud-based financial management platform, raises $12.1MM Equity Funding from Undisclosed Investors.

Fintech • Bellevue, WA • Post-Money Valuation

Anterior, a company that develops an AI platform that reduces an organization's administrative tasks, raises $20MM Series A from New Enterprise Associates.

Administrative Services • New York, NY • Post-Money Valuation

Auxilius, a company that develops a clinical trial financial management platform, raises $10MM Series A from SignalFire.

Fintech • New York, NY • Post-Money Valuation

Arya, a company that operates a relationships and couples wellness platform, raises $7.5MM Seed from Play Ventures.

Wellness • Tenafly, NJ • Post-Money Valuation

Stanly, a company that operates a social platform intended to connect fans with fan clubs, raises $8MM Pre-Series A Funding.

Social Media • Culver City, CA • Post-Money Valuation

Kardium, a company that manufactures and develops medical devices, raises $104MM Equity Funding from Fidelity Investments.

Medical Devices • Burnaby, Canada

Boost Your Research Efforts Today

RipTide Car Wash acquires Miles Auto Spa, a firm that offers car wash services.

Car Wash • Franklin, TN • Deal

Michael Baker International acquires Gavan-Graham, a manufacturer of custom switchboards and quick ship low voltage gear.

Electronic Components • Union, NJ • Deal

Brandmovers acquires The A Team, a full-service creative engagement agency that focuses on digital and retail solutions for clients, as well as expertise in sweepstakes, contests and games, social media, CRM and retailer-focused programming.

Digital Marketing • Graham, NC • Deal

OnPoint Industrial Services acquires Amerisafe Consulting and Safety Services, a company that offers full-service safety consulting, training, rescue, and occupational health services for all types of industries nationwide.

Consulting • Greensburg, PA • Deal

VT Group acquires Clear Cloud, a firm that provides cloud engineering services.

Cloud • Reston, VA • Deal

Cognizant intends to acquire Belcan, a company that engages in providing engineering and technical services for aviation, marine propulsion, energy, transportation, heavy equipment, medical, and consumer and industrial product sectors.

Industrial Services • Cincinnati, OH • Deal

Booz Allen Hamilton acquires PAR Government Systems, a firm that manufactures defense and space equipment android and windows, tactical assault tit and team awareness kit integrated systems engineering.

Aerospace & Defense • Rome, NY • Deal

Fortinet acquires Lacework, a company that provides a data-driven security platform for the cloud.

Analytics • Mountain View, CA • Deal

Ardian France acquires CampusParc, a firm that offers campus parking systems services.

Parking • Columbus, OH • Deal

Aterian Investment Partners acquires Contract Pharmaceuticals, a contract development and manufacturing organization (CDMO) that provides development, manufacturing, packaging, and testing of non-sterile liquid and semi-solid pharmaceutical and regulated OTC products.

Contract Research • Mississauga, Canada

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