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Spotify throws its hat in the edtech ring

Spotify throws its hat in the edtech ring
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
March 26, 2024

What We're Reading

Trending Companies

 

Blockhouse Digital, an asset management firm that specializes in collateralized lending and yield generating strategies in the crypto markets, raises $2MM Equity Funding from OTC partner BlockFills.

Cryptocurrency • Dallas, TX • Post-Money Valuation

 

Coast, a firm that provides cards to do payment on fleet and fuel, raises $25MM Equity Funding from BoxGroup.

Fintech • New York, NY • Post-Money Valuation

 

Foundry, a technology company specializing in AI-powered solutions for cloud computing, raises $80MM Seed and Series A from Sequoia Capital.

Artificial Intelligence • Palo Alto, CA • Post-Money Valuation

 

Ediphi, a company that develops cloud-based software for pre-construction, raises $12MM Series A from Norwest Venture Partners.

Cloud • Boston, MA • Post-Money Valuation

 

CountertopSmart, an online marketplace for kitchen countertops, raises $1.75MM Seed from Nextfront Ventures.

SaaS • Austin, TX • Post-Money Valuation

 

Quilt, a company that develops AI assistants intended for automation for businesses, raises $2.5MM Seed from Sequoia Capital.

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

 

Conduce Health, a healthcare technology company constructed to be a holistic solution for multi-specialty value-based care, raises $3MM Seed from Connecticut Innovations.

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

 

Firestorm Labs, a company that manufactures loitering munitions and mission-adaptable systems intended to build aerial weapons systems, raises $12.5MM Seed from Lockheed Martin Ventures.

Aerial Equipment • San Diego, CA • Post-Money Valuation

 

Profluent, a company that operates an artificial-based protein intended to combine real-world characterization in the wet lab with state-of-the-art generative AI models, raises $35MM Equity Funding from Spark Capital.

Alternative Protein • San Francisco, CA • Post-Money Valuation

 

Cleric, a company that develops an AI-led services platform intended to empower automated infrastructure management, raises $4.3MM Seed from Zetta Venture Partners.

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

 

Sevco, a company that develops a cyber asset management platform, raises $17MM Equity Funding from SYN Ventures.

Cyber Security • Austin, TX • Post-Money Valuation

 

Loyal for Dogs, a company that develops veterinary pharmaceuticals intended to improve the health span and lifespan of dogs, raises $45MM Series B from Bain Capital Ventures.

Pharmaceuticals • San Francisco, CA • Post-Money Valuation

 

Espresso, a company that provides scaling and privacy systems for Web 3 applications, raises $28MM Series B from Andreessen Horowitz.

Web3 • Menlo Park, CA • Post-Money Valuation

 

BlueFlag, an identity-based developer security company, raises $11.5MM Seed from Maverick Ventures.

Identity Management • Sunnyvale, CA • Post-Money Valuation

 

Rithmik Solutions, a company that developed AI-powered analytics for mobile equipment optimization in the mining industry, raises $2MM Equity Funding from Cycle Momentum.

Analytics • Quebec, Canada

 

Waud Capital Partners acquires Senior Helpers, a senior care company.

Senior Care • Towson, MD • Deal

 

PSG Private Equity invests in Packback, a provider of an AI-enabled writing and discussion platform.

Artificial Intelligence • Chicago, IL • Deal

 

KKR intends to acquire Avantus Energy, a company that delivers clean energy by developing, building, selling, or operating solar power plants and storage facilities.

Solar • Los Angeles, CA • Deal

 

Rubicon Technology Partners invests in Ascend Analytics, a company that develops advanced energy software intended to optimize electric power supply resources.

Analytics • Boulder, CO • Deal

 

House-Hasson Hardware intends to acquire Bostwick-Braun Hardware, a hardware distributor.

Building Products • Toledo, OH • Deal

 

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