Hardware’s brutal week: iRobot, Luminar, and Rad Power go bankrupt; Echo Software raises $35MM Series A from N47

Daily list of private company financial insights

December 22, 2025

What We're Reading

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

Trending Companies

Digantara, a company that develops a space surveillance system, raises $50MM Series B from Kalaari Capital.

Surveillance (14) • Bangalore, India

 

SanegeneBio, a company that develops RNA interference (RNAi) therapeutics, raises $110MM Series B from Sino Biopharmaceutical.

Drug Research (978) • Suzhou, China

 

Neural, a company that develops artificial intelligence algorithmic platforms designed to facilitate computer-assisted engineering and design, raises $100MM Series C from Goldman Sachs Growth Equity.

Design (11,484) • Lausanne, Switzerland

 

Woodway, a company that develops an automated data privacy assessment software platform, raises $1MM Seed from Aventure Capital.

Data Security (54) • Ottawa, Canada

 

BlossomHill Therapeutics, a small molecule drug discovery and development company focused on unmet medical needs in oncology and autoimmune disorders, raises $4MM Series B from Janus Henderson Investors.

Drug Research (978) • San Diego, CA • Post-Money Valuation

 

HEN, a manufacturer and developer of water nozzles, raises $20MM Series A from O'Neil Strategic Capital.

Industrial Products (25,405) • Hayward, CA • Post-Money Valuation

 

arcads, a company that operates a go-to platform for marketing videos, raises $16MM Seed from Eurazeo.

Video Production (39) • San Francisco, CA • Post-Money Valuation

 

Nirvana, an AI-native commercial insurer, raises $100MM Series D from Valor Equity Partners.

Insurtech (480) • San Francisco, CA • Post-Money Valuation

 

Gravity Labs, a company that develops a web3 fitness and lifestyle application, raises $17MM Series A from SoftBank Ventures Asia.

Web3 (369) • San Francisco, CA • Post-Money Valuation

 

KatalistAI, a company that develops a visual content generation tool intended for structured pre-production work, raises $1.5MM Equity Funding from South Central Ventures.

Video Production (39) • San Francisco, CA • Post-Money Valuation

NextFoods, a company that operates in the food & beverage producers industry, raises $10MM Series 3 Funding from ECP Growth.

Beverages (5,828) • Boulder, CO • Post-Money Valuation

 

Manifold, a firm that develops an AI-powered clinical research platform, raises $18MM Series B from Reach Capital.

Research & Development (3,783) • Newton, MA • Post-Money Valuation

 

Amphix, a company that develops therapeutic materials designed to offer regenerative medicine, raises $12.5MM Seed from Undisclosed Investors.

Drug Research (978) • Chicago, IL • Post-Money Valuation

 

InfiniteWatch, a company that develops AI-driven monitoring capabilities intended for real-time oversight of digital interactions, raises $4MM Pre-Seed Funding from Base10 Partners.

Artificial Intelligence (6,334) • New York, NY • Post-Money Valuation

 

Lovable Labs, a developer of a software platform that lets users build apps and websites by chatting with AI, raises $330MM Equity Funding from CapitalG.

Artificial Intelligence (6,334) • Dover, DE • Post-Money Valuation

 

Radiant Industries, a firm that develops portable nuclear microreactors that replace diesel generators, raises $300MM Equity Funding from Draper Associates.

Generators (300) • El Segundo, CA • Post-Money Valuation

 

Momo, a company that develops digital self-improvement technology, raises $2.5MM Equity Funding from SignalFire.

Mobile Application Development (24) • San Francisco, CA • Post-Money Valuation

 

Cosan, a provider of remote patient monitoring system, raises $15MM Growth Round from Ziegler Link-age Fund.

Remote Patient Monitoring (71) • Independence, OH • Post-Money Valuation

 

Susquehanna Growth Equity invests in Thread Magic, a company that operates an AI service desk platform for managed service providers.

Managed Services (53) • New York, NY • Deal

 

Federal Signal intends to acquire MEGA, a producer of specialty haulage equipment for the construction and mining industry.

Heavy Equipment (896) • Albuquerque, NM • Deal

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