Have Tech Jobs Lost Their Luster?

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

May 19, 2023

What We're Reading

Have Tech Jobs Lost Their Luster? [Crunchbase]
YouTube is bringing 30-second unskippable ads to TVs [TechCrunch]
Montana just banned TikTok [TechCrunch]
A Bunch Of AI-Related Companies Are Going Public Via SPAC [Crunchbase]

Trending Companies

Auradine, a company that provides blockchain, security and privacy solutions, raises $81MM Series A from Celesta Capital.

Blockchain • Santa Clara, CA • Post-Money Valuation

Neura Health, a virtual neurology clinic offering a platform designed to connect patients to neurologists, raises $8MM Seed from Koch Disruptive Technologies.

Neuroscience • New York, NY • Post-Money Valuation

Avenue One, a company that developed a property technology service platform for institutional owners, buyers and sellers of residential homes, raises $100MM Equity Funding from WestCap.

Property Management • New York, NY • Post-Money Valuation

Cormint, a company that operates a bitcoin mining platform, raises $30MM Series A from Jamie McAvity.

Cryptocurrency • Fort Stockton, TX • Post-Money Valuation

A-Alpha Bio, a company that develops synthetic biology & machine learning to measure, discover, predict, and engineer protein-protein interactions, receives $2.4MM Grant from U.S. Department of Defense.

Biotechnology • Seattle, WA • Post-Money Valuation

Hippocratic, a company that develops safety focused large language models (LLM) for the healthcare industry, raises $50MM Seed from General Catalyst.

Generative AI • Palo Alto, CA • Post-Money Valuation

Adonis Technology, a developer of healthcare revenue software intended to reduce revenue leakage and cost to collect while improving account receivables, raises $17.3MM Series A from General Catalyst.

Revenue Cycle Management • White Plains, NY • Post-Money Valuation

Metaphore Biotechnologies, a developer of a machine learning-based computational bioplatform used for the designing of new therapeutics for patients with autoimmune, metabolic or oncology indications, raises $50MM Equity Funding from Flagship Pioneering.

Drug Research • Cambridge, MA • Post-Money Valuation

SapientAI, a developer of AI Test Coder, a platform that combines contextual insights, code intelligence and generative AI to write valid test code, raises $5MM Seed from 8VC.

Developer Tools • Mountain View, CA • Post-Money Valuation

Laguna Health, a firm that provides AI-powered contextual care management solutions, raises $15MM Series A from SemperVirens.

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

Since last week, PrivCo has added:
119 Companies | 109 Funding Rounds | 140 M&A Deals

Boost Your Research Efforts Today

Noveon Magnetics, a manufacturer of magnet that are made from earth elements or directly from recycled end-of-life magnetic materials, raises $75MM Series B from Aventurine Partners.

Iron • San Marcos, TX • Post-Money Valuation

Upkara, a biomedical technology company, raises $9MM Series A from Bill Parfet.

Biotechnology • Ann Arbor, MI • Post-Money Valuation

Qualifi, a company that helps their clients in the recruitment process, raises $4.5MM Equity Funding from Rally Ventures.

Recruitment • Indianapolis, IN • Post-Money Valuation

Bregal Sagemount invests in Orange Logic, a provider of digital asset management and workflow automation software to enterprise clients.

Enterprise Software • Irvine, CA • Deal

Tint acquires Vesta, an all-in-one online community building software for brands.

Software • New York, NY • Deal

PayIT announces a definitive agreement to acquire Sovereign Sportsman Solutions, a company that provides business services and technology platforms for the Outdoor Recreation industry.

Customer Relationship Management (CRM) • Nashville, TN • Deal

Wildman Business Group acquires WM Uniform, a company that offers uniform and linen rental services.

Rental • Holland, MI • Deal

Residential Inspector of America acquires Discovery Inspections, a company that provides residential inspection services.

Residential Services • Fayetteville, GA • Deal

Bowman Consulting acquires Hole Montes, a professional services firm that specializes in engineering design services.

Land Surveying • Naples, FL • Deal

Waters Corporation completes acquisition of Wyatt Technology, a company that manufactures scientific instruments for the characterization of macromolecules and nanoparticles in solutions, measuring absolute molar mass, size, charge and interactions.

Industrial Products • Santa Barbara, CA • Deal

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