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LexisNexis is embracing generative AI to ease legal writing and research

LexisNexis is embracing generative AI to ease legal writing and research
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
September 12, 2023

What We're Reading

  • LexisNexis is embracing generative AI to ease legal writing and research [TechCrunch]  
  • X, formerly Twitter, caught running unlabeled ads in users’ Following feeds [TechCrunch] 
  • Roblox is launching avatar-based voice calls with facial motion tracking [TechCrunch] 
  • Reddit users on mobile can now translate posts into other languages [TechCrunch] 

Trending Companies


Lydian, a company that focuses on the development and advancement of sustainable technology solutions within the emerging industry of CO2-derived fuels and chemicals, raises $12MM Seed from Congruent Ventures.

Sustainability • Cambridge, MA • Post-Money Valuation


Tentarix Biotherapeutics, a company that develops biologic drugs for cancer and autoimmune diseases, raises $35MM Series B from Amplitude Ventures.

Drug Research • San Diego, CA • Post-Money Valuation


SimpleClosure, a firm that simplifies the wind-down process of a business by automating the bureaucratic and manual work, raises $1.5MM Pre-Seed from Michael Vaughan.

Automation • Santa Monica, CA • Post-Money Valuation


Levee Medical, a company that develops urological devices designed to improve recovery outcomes post-prostatectomy, raises  $4.3MM Seed from undisclosed Investors.

Health Care Equipment • Durham, NC • Post-Money Valuation


MessageDesk, a firm that develops business-based text messaging applications, raises $1.6MM Seed from Reno Seed Fund.

Communications • Reno, NV • Post-Money Valuation


SaaSGrid, a firm that develops data platforms designed to scale SaaS start-ups, raises $3.3MM Seed from Craft Ventures.

SaaS • San Francisco, CA • Post-Money Valuation


Corteria Pharmaceuticals, a biopharmaceutical firm that develops therapies for unaddressed heart failure subpopulations, raises €65MM from OrbiMed.

Biopharmaceuticals • Paris, France


Mariana Oncology, a full-service biotechnology firm specializing in radiopharmaceutical innovation to treat cancers, raises $175MM Series B from Deep Track Capital.

Biotechnology • Watertown, MA • Post-Money Valuation


Apollo Therapeutics, a biopharmaceutical company focused on advancing treatments based on breakthrough discoveries, raises $226.5MM Series C from Patient Square Capital.

Biopharmaceuticals • Cambridge, United Kingdom


Rejuvenation Technologies, a biotechnology company developing mRNA-based therapeutics to address mechanisms of aging, raises $10.6MM Seed from Khosla Ventures.

Biotechnology • Mountain View, CA • Post-Money Valuation



TRLab, a company that developed a fine art NFT platform, raises $5MM Seed from Hivemind Capital Partners.

NFT • New York, NY • Post-Money Valuation


Firstcard, a company that developed a platform for banking built for students, raises $4.7MM Seed from AngelList.

Fintech • Menlo Park, CA • Post-Money Valuation


H2 Green Steel, a company that operates a circular plant for green steel production, raises €1.5B Equity Funding from Altor.

Steel • Stockholm, Sweden


SkinnyDipped, a firm that produces almond-coated chocolates as snacks, raises $12MM Series A from David Grutman.

Snacks • Seattle, WA • Post-Money Valuation


AMETEK acquires United Electronic Industries, a data acquisition and control solutions company, catering to a diverse range of industries including aerospace, defense, energy, and semiconductor.

Technology Hardware • Walpole, MA • Deal


Munetrix acquires Eidex, a software developer that uses cloud-based data analytics for teaching and learning improvements.

Analytics • Grand Rapids, MI • Deal


Watsco acquires Gateway Supply Company, a company that offers decorative plumbing supplies.

Building Products • Columbia, SC • Deal


Rallyday Partners invests in Livefront, a firm that offers digital product consultancy.

Technology • Minneapolis, MN • Deal


Staple Street Capital to acquire Delaware Valley Floral Group, a company that provides floral supplies.

Flowers • Sewell, NJ • Deal


ZMC acquires InProduction, a provider of temporary seating, staging, structures, and scenic production for the U.S. live events industry.

Entertainment • Warrenville, IL • Deal

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