Elon Musk teases two new EVs

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

May 18, 2023

What We're Reading

Elon Musk teases two new EVs, says Tesla is already building one [TechCrunch]
Minnesota lawmakers battle with Uber, Lyft over driver pay, protections [Axios]
Even as crypto exchanges exit Canada, Coinbase intends to play the ‘long game’ [TechCrunch]
US Semiconductor Startup Funding Slows Even As AI Beckons
[Crunchbase]

Trending Companies

ZipHQ, a company that offers a purchase request platform which offers procurement solutions to employees, raises $100MM Series C from Y Combinator.

Enterprise Resource Planning (ERP) • San Francisco, CA • Post-Money Valuation

Hook Security, a firm that provides training and consultation for cybersecurity, raises $5.5MM Equity Funding from TampaBay.Ventures.

Consulting • Greenville, SC • Post-Money Valuation

Slip Robotics, a company that developed an automated trailer loading and unloading system, raises $10.65MM Equity Funding from Tech Square Ventures.

Logistics • Atlanta, GA • Post-Money Valuation

Boundless Bio, a company that develops novel cancer therapeutics based on the role of extrachromosomal DNA (ecDNA) in driving tumorigenesis, resistance and recurrence, raises $100MM Series C from Leaps by Bayer.

Biopharmaceuticals • La Jolla, CA • Post-Money Valuation

Cork, a cyber warranty company that provides financial software protection, raises $6MM Seed from DVx Ventures.

Cyber Security • Boston, MA • Post-Money Valuation

SageSure Insurance Managers, a firm that provides insurance services, raises $250MM Equity Funding from Flexpoint Ford.

Insurance • Jersey City, NJ • Post-Money Valuation

Ensoma, a genomic medicines company that develops In Vivo engineered cell therapies, raises $50MM Series B extension from Bioluminescence Ventures.

Drug Research • Boston, MA • Post-Money Valuation

Unitea, a platform developer for online music, raises $7MM Seed from 1st Class Guernsey.

Digital Entertainment • Miami, FL • Post-Money Valuation

Spiff, a sales compensation platform that automates commission calculations and helps teams to drive top-line growth, raises $50MM Series C from Salesforce Ventures.

SaaS • Sandy, UT • Post-Money Valuation

Cadence Neuroscience, a developer of medical device therapies for the treatment of epilepsy and other neurological disorders, raises $26MM Series B from Angelini Lumira Biosciences Fund.

Medical Devices • Redmond, WA • Post-Money Valuation

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

Boost Your Research Efforts Today

Gradiant, a company that provides and develops cleantech water projects for advanced water and wastewater treatment, raises $225MM Series D from BoltRock Holdings.

Water Treatment • Woburn, MA • Post-Money Valuation

ANYbotics, a company that developed autonomous robots for industrial inspections, raises $50MM Series B from Walden Catalyst.

Robotics • Zurich, Switzerland

enosiX, a provider of prebuilt SAP data integration solutions, raises $10MM Equity Funding from MK Capital.

Technology Services • Cincinnati, OH • Post-Money Valuation

Quilt, a company that develops home heat pump systems, raises $9MM Seed from Lowercarbon Capital.

Electrical • Redwood, CA • Post-Money Valuation

Twitter acquires Laskie, a company that develops freelancer hiring platform designed to help companies discover and work with freelancers, contractors and agencies.

Recruitment • San Francisco, CA • Deal

Heico to acquire The Wencor Group, a holding company that offers aircraft parts distribution and repair services through its subsidiaries.

Repair & Maintenance • Peachtree City, GA • Deal

Azelis signed an agreement to acquire Gillco Ingredients, a firm that provides ingredients and solutions for the food, beverage and nutritional industries.

Food • San Marcos, CA • Deal

Pye-Barker Fire & Safety, a portfolio company of Leonard Green & Partners, acquires Automatic Fire Sprinklers, a full service fire protection company and multi-family fire protection contractor.

Safety • Huntington Beach, CA • Deal

Osceola Capital portfolio company Tendit Group, acquires Clean D Windows, a provider of exterior facility maintenance services.

Residential Services • Tempe, AZ • Deal

WiSA Technologies signs a non-binding letter of intent to acquire Comhear, a company that creates audio products for home, enterprise and professional applications.

Electronics • San Diego, CA • Deal

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