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PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
July 11, 2024

What We're Reading

Trending Companies

 

Polystyvert, a firm that provides dissolution technology services intended to recycle polystyrene, raises $16MM Series B from Infinity Recycling & Materials.

Recycling • Anjou, Canada

 

Myricx Bio, a biotech company focused on the discovery and development of a completely novel class of selective cytotoxic payloads for antibody drug conjugates (ADCs), based on inhibitors of N-myristoyltransferases (NMT) for the treatment of cancer, raises $90MM Series A from Abingworth Management.

Biopharmaceuticals • London, United Kingdom

 

SciRhom, a biotech company that focuses on the development of novel biopharmaceuticals for the treatment of life-threatening diseases, raises €63MM Series A from Wellington Partners.

Drug Research • Munich, Germany

 

Phaidra, a developer of artificial-intelligence based solutions to automate processes in the industrial sector, raises $12MM Equity Funding from Index Ventures.

Artificial Intelligence • Seattle, WA • Post-Money Valuation

 

nodaFi, a company that develops a facility management platform, raises $3.5MM Seed from Base10 Partners.

Facilities Services • San Francisco, CA • Post-Money Valuation

 

NOWDiagnostics, a company that develops and manufactures diagnostic tests, raises $22.5MM Series B from DigitalDx Ventures.

Medical Devices • Springdale, AR • Post-Money Valuation

 

DigniFi, a company that develops a SaaS financial platform intended to connect consumers with lenders for auto parts, repairs and services, raises $175MM Debt Funding from Encina Lender Finance.

SaaS • Bellevue, WA • Post-Money Valuation

 

Term Labs, a blockchain research and development business, raises $5.5MM Equity Funding from Electric Capital.

Blockchain • San Diego, CA • Post-Money Valuation

 

Gymdesk, a company that develops management software for gyms and martial arts schools, raises $32.5MM Equity Funding from Five Elms Capital.

Gym • Austin, TX • Post-Money Valuation

 

Biostate AI, a company that develops a RNAstate research support platform, raises $4MM Seed from Matter Venture Partners.

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

 

Niva Technologies, a company that develops global business identity platform, raises $3.3MM Equity Funding from Gradient Ventures.

Identity Management • Wilmington, DE • Post-Money Valuation

 

HarmonyCares, a home-based health care provider for adults and for those with complex medical issues, raises $200MM Equity Funding from McKesson Ventures.

Assisted Living • Troy, MI • Post-Money Valuation


Arthur J. Gallagher & Co. acquires Cleary Benefits Group, a firm that operates a health and welfare advisory services intended to provide strategic and tactical support.

Advisory • Danbury, CT • Deal

 

Avalt Investment acquires Suburban Drywall, a company that provides light gauge steel stud framing, drywall, insulation, painting and millwork, and acoustic tile ceilings for single family, commercial, multi-family, & hospitality work.

Building Products • Lake Mills, WI • Deal

 

US LBM acquires Automated Products, a company that manufactures roof trusses, floor trusses, wall panels (including tall walls) and floor panels.

Building Products • Marshfield, WI • Deal

 

Robinhood acquires Pluto, a company that develops a platform intended for trading of stocks and crypto.

Fintech • Marina del Rey, CA • Deal

 

B. Riley & Co. acquires Interface Consulting, a global consulting firm that provides construction-related expert services.

Commercial Services • Houston, TX • Deal

 

AlphaSense acquires Tegus, a company that develops investment research platform designed to provide buy-side primary data and analysis.

Market Research • Chicago, IL • Deal

 

Vivo Infusion acquires Infusion Associates Management, an infusion center that provides intravenous therapies for patients.

Therapy • Grand Rapids, MI • Deal

 

Air Hydro Power acquires Baker Bohnert, a provider of material handling and sealing solutions involving bulk solids, fluids and air.

Sealants • Louisville, KT • Deal

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