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Temu is on a quest to take over America

Temu is on a quest to take over America
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 14, 2024

What We're Reading

  • Temu is on a quest to take over America [Business Insider]
  • X will soon let advertisers run ads next to a ‘curated list’ of creators [TechCrunch]
  • TikTok’s AI-powered Creative Assistant is now available directly in Adobe Express [TechCrunch]
  • A Waymo robotaxi was vandalized and burned in San Francisco [TechCrunch]

Trending Companies

 

Aizon, a firm that offers artificial intelligence and advanced data analytics solutions for the healthcare and pharmaceutical industries, raises $20MM Series C from NewVale Capital.

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

 

Truflation, an economic data field company, raises $6MM Equity Funding from Laser Digital.

Data Management • San Francisco, CA • Post-Money Valuation

 

Nasdaq Private Market, a provider of liquidity solutions to private companies, raises $62.4MM Series B from Nasdaq.

Fintech • New York, NY • Post-Money Valuation

 

Great Big Beautiful Tomorrow, a firm that develops casual party online game studio, raises $3MM Seed from Shima Capital.

Online Games • Monrovia, CA • Post-Money Valuation

 

Cosmic Aerospace, a firm that develops electric aircraft designed to accelerate the transition to sustainable aviation and make air travel sustainable, raises $4.5MM Seed from Pale Blue Dot.

Aerospace & Defense • Centennial, WY • Post-Money Valuation

 

Subscribili, a company that develops personalized and affordable subscription plans to provide an exceptionally high-quality patient experience, raises $4.3MM Seed from Darby Group Companies.

Subscription • Austin, TX • Post-Money Valuation

 

Zededa, a company that provides a cloud-based orchestration solution, which enables complete flexibility for end users, OEMs, machine builders, technology providers and system integrators, with support for any hardware, any application and any cloud or on-premises system, raises $72MM Growth Funding from Smith Point Capital.

Cloud • San Jose, CA • Post-Money Valuation

 

Formlogic, a company that developed an autonomous manufacturing technology that provides rapid precision components for space and frontier industries, raises $20MM Equity Funding from Trinity Capital.

Manufacturing • Pittsburgh, PA • Post-Money Valuation

 

Thea Energy, a fusion energy company, raises $20MM Series A from Prelude Ventures.

Energy • Princeton, NJ • Post-Money Valuation

 

Vocode, a company that developed a hyper realistic AI that can automate inbound and outbound phone calls, raises $3.25MM Seed from Gradient.

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

 

 

 

Cascading AI, a company that developed an AI-native loan origination system, raises $3.9MM Pre-Seed from Peterson Ventures.

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

 

Bugcrowd, a crowdsourced cybersecurity company, raises $102MM in Growth Funding from General Catalyst.

Cyber Security • San Francisco, CA • Post-Money Valuation

 

Hiline acquires Calculate, an outsourced accounting and finance firm intended to support the financial processes.

Accounting • New York, NY • Deal

 

Mainsail Partners invests in Teamfront, a provider of business management software intended for payment solutions.

Software • San Clemente, CA • Deal

 

Diversified Maintenance acquires Facility Concierge Services, a full-service professional cleaning company.

Cleaning • Harrisburg, PA • Deal

 

CBIZ acquires Erickson, Brown & Kloster, a company that provides auditing, accounting, tax and management advisory services.

Accounting • Colorado Springs, CO • Deal

 

Euna Solutions acquires EqualLevel, a developer of a cloud-based procure-to-pay management platform that enables organizations everywhere to recognize bottom-line financial and compliance success via real-time cognitive technologies.

Cloud • Rockville, MD • Deal

 

CentralReach acquires Silas, a company that operates in the education services industry.

Animation • Monmouth Beach, NJ • Deal

 

RMA Companies acquires Black Eagle Consulting, a company that provides geotechnical and construction services.

Consulting • Reno, NV • Deal

 

TouchTunes Music Corporation acquires Arachnid 360, a company that manufactures electronic dartboards.

Leisure • Loves Park, IL • Deal

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