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Everything you needed to know about OceanGate

Everything you needed to know about OceanGate
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 21, 2023

What We're Reading

  • Everything you needed to know about OceanGate's Titan submersible was discussed in a 2022 CBS news piece [Quatrz] 
  • Vimeo intros a trio of AI-powered editing features [TechCrunch] 
  • Spotify’s revamped desktop app lets you browse and organize your libraries like you do on mobile [TechCrunch] 
  • Rivian to adopt Tesla’s NACS charging standard [TechCrunch] 

Trending Companies

 

Telmai, a developer of a data observability platform, raises $5.5MM Seed from Glasswing Ventures.

Analytics • San Francisco, CA • Post-Money Valuation

 

Theradaptive, a company that is developing a therapeutic delivery platform for multiple clinical indications including immuno-oncology, orthopedics and soft tissue repair, raises $26MM Series A from undisclosed investors.

Therapeutics • Frederick, MD • Post-Money Valuation

 

Neuvivo, a company that develops therapeutics for the treatment of Amyotrophic Lateral Sclerosis (ALS) and other neurodegenerative diseases, raises $11MM Equity Funding from PrimeStreet Capital.

Biopharmaceuticals • Palo Alto, CA • Post-Money Valuation

 

Nue Life Health, a developer of telemedicine app focused on mental wellness, raises $1.9MM Equity Funding from undisclosed investors.

Telehealth • Miami Beach, FL • Post-Money Valuation

 

Octave Health Group, a company that offers modern therapy practice, raises $52MM Series C from Cigna Ventures.

Mental Health • San Francisco, CA • Post-Money Valuation

 

Trust & Safety Laboratory, a provider of software and metrics to social media platforms, online marketplaces and apps to enable them to protect their users against misinformation, hate speech, identity fraud, and other harmful content, raises $15MM Series A from U.S. Venture Partners.

Network Security • Palo Alto, CA • Post-Money Valuation

 

Refuel.ai, a company that developed an infrastructure and tooling platform designed to create ML models in production for ML applications on unstructured data, raises $5.2MM Seed from General Catalyst Partners.

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

 

Beekeeper's Naturals, a company that provides beehive-derived home remedy products for simple ailments, raises $14MM Equity Funding from Devonshire Investors.

Alternative Medicine • Toronto, Canada

 

Glystn, a company that developed an AI-driven community engagement engine that helps creators and their teams scale through intelligent automation, raises $4MM Equity Funding from Eniac Ventures.

Automation • San Francisco, CA • Post-Money Valuation

 

Fleetio, a developer of a software that helps organizations to track, analyze and improve fleet operations, raises $144.7MM Series C from Elephant VC.

Fleet Management • Birmingham, AL • Post-Money Valuation

 

Since last week, PrivCo has added or updated:
1240 Companies | 113 Funding Rounds | 70 M&A Deals

 

Humanly HR, a developer of a conversational AI platform for screening and scheduling job applicants, raises $12MM Series A from Drive Capital.

Staffing • Seattle, WA • Post-Money Valuation
 

Magrathea Metals, a firm that operates the production of carbon neutral metal from seawater and brines, raises $10MM Seed from VoLo Earth Ventures.

Metals • Oakland, CA • Post-Money Valuation

 

Eze Technologies, a wholesale marketplace for used and new electronics, raises $3.7MM Seed from Right Side Capital Management.

Electronics • San Francisco, CA • Post-Money Valuation

 

Middleby acquires Filtration Automation, a company that manufactures oil filtration systems.

Manufacturing • Mansfield, TX • Deal

 

Ares Management to invest in Extreme Reach, a company that developed an all-in-one platform to help with the activation of omnichannel campaigns.

AdTech • Dedham, MA • Deal

 

Flowspace acquires RetailOps, a developer of a retail operations platform for retailers.

Enterprise Software • San Diego, CA • Deal

 

Arlington Capital Partners acquires Pegasus Steel, a company that specializes in heavy/complex steel plate fabrications.

Steel • Goose Creek, SC • Deal

 

Xdimensional Technologies backed by Serent Capital, acquires I-Engineering, a company that develops marketing integrated software solutions that provides a Paperless Insurance Environment (PIE) to wholesalers brokers program managers MGAs MGUs syndicates and carriers.

Automation • Shelton, CT • Deal

 

Pye-Barker Fire & Safety, a portfolio company of Leonard Green & Partners, acquires Acadiana Security Plus, a security and fire alarm systems provider.

Fire Protection • Broussard, LA • Deal

 

Wabtec acquires L&M Radiator, a provider of cooling and heat transfer solutions for heavy duty equipment.

Heavy Equipment • Hibbing, MN • Deal

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