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Starlink is booming, with traffic almost tripling this year

Starlink is booming, with traffic almost tripling this year
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 13, 2023

What We're Reading

  • Starlink is booming, with traffic almost tripling this year [Business Insider]
  • Fortnite maker Epic Games wins its antitrust fight against Google [TechCrunch]
  • Google Classroom now lets teachers add interactive questions to YouTube videos [TechCrunch]
  • Snapchat+ subscribers can now create and send AI-generated images [TechCrunch]

Trending Companies

 

Replicate, a firm that builds artificial intelligence applications, raises $40MM Series B from Andreessen Horowitz.

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

 

SGNL.ai, a company that develops an authorization platform designed to dynamically manage access to sensitive data, raises $10MM Equity Funding from Cisco.

Software • Palo Alto, CA • Post-Money Valuation

 

Bigeye, a company that develops an automatic data quality monitoring platform for the analytics and data engineering teams, raises $2.5MM Equity Funding from Alteryx.

Analytics • San Francisco, CA • Post-Money Valuation

 

Ladder, a developer of a training mobile application that provides structured workout plans, raises $12MM Series A from Tapestry VC.

Mobile • Austin, TX • Post-Money Valuation

 

BetterYou, a developer of a healthy habits companion application that helps users to take control of time, achieve goals, and improve life, raises $6MM Series A from Capital Midwest Fund.

Artificial Intelligence • Saint Paul, MN • Post-Money Valuation

 

JustPaid, a company that specializes in providing SMBs with automated bill payment, contract validation, and real-time AI financial auditing solutions, raises $4MM Seed from Y Combinator.

SaaS • Mountain View, CA • Post-Money Valuation

 

Liberis, a company that provides revenue-based financing services for SMEs, raises $112MM Debt Funding from HSBC Innovation Banking.

Advisory • White City, United Kingdom

 

TechMet, a company that invests in projects across the supply chain of the metals critical to electric vehicles and renewable energy systems that form the basis of the green industrial revolution, raises $50MM Equity Funding from S2G Ventures.

Renewable Energy • Dublin, Ireland

 

Simply Homes, a company that develops real estate investment technology platform, raises $22MM Series A from Gutter Capital.

Real Estate Technology • Portland, ME • Post-Money Valuation

 

Bureo, a company that manufactures plastic goods utilizing the growing amount of recyclable plastic, raises $8MM Equity Funding from Toyota Tsusho Corp.

Plastics • Oxnard, CA • Post-Money Valuation

 

 

Digital Wildcatters, a company that operates an online community platform dedicated to oil and gas startup, raises $2.5MM Seed from Chuck Yates.

Oil & Gas • Houston, TX • Post-Money Valuation


Lunne Marketing Group acquires Treetree, an advertising agency that specializes in branding strategy consulting and digital marketing services.

Advertising • Columbus, OH • Deal

 

Young Innovations acquires Salvin Dental Specialties, a firm that designs and manufactures surgical instrumentation intended for oral surgery and implant dentistry.

Medical Devices • Charlotte, NC • Deal

 

Grace Hebert Curtis acquires BSSW Architects, a firm that offers architectural services intended for commercial and residential markets.

Architecture • Fort Myers, FL • Deal

 

H.I.G. Capital completes the acquisition of Mainline, a firm that offers IT assessment, strategy development, managed services, software asset management and related services.

IT Consulting • Tallahassee, FL • Deal

 

Osano acquires WireWheel, a company that offers privacy and data protection services and solutions.

Artificial Intelligence • Arlington, VA • Deal

 

World Insurance Associates acquires American Trust Insurance, a company that provides personal and commercial insurance, health and life insurance, and specializes in crop/agricultural/farm insurance.

Insurance • Huron, SD • Deal

 

Sumitomo Forestry America acquires JPI, a national developer, builder, and investment manager of Class A multifamily assets.

Investment Management • Irving, TX • Deal

 

The Blackstone Group invests in Power Grid Components, a supplier of high quality porcelain and glass insulators, as well as instrument transformers for revenue metering and protective relaying to electric utilities, original equipment manufacturers and other customers who support the grid.

Energy Management • Bessemer, AL • Deal

 

Workleap Platform acquires Pingboard, a provider of a subscription software platform that provides solutions for internal communication and employee connection to companies that have a workforce that is primarily remote or distributed across multiple locations.

Enterprise Software • San Antonio, TX • Deal

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