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OpenAI now serves 400M users every week

OpenAI now serves 400M users every week
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 21, 2025

What We're Reading

Trending Companies

 

Hydrostor, a company that provides compressed air energy storage services intended to replace the use of fossil fuels, raises $200MM Equity Funding from Canada Growth Fund.

Energy Management • Toronto, Canada

 

EnCharge, a provider of advanced hardware and software systems for AI computing, raises $100MM Series B from Tiger Global Management.

Quantum Computing • Santa Clara, CA • Post-Money Valuation

 

Circuit, a company that provides electric, micro-transit services intended to offer quick and convenient mobility, raises $17MM Series B from MKB & Co.

Micro-mobility • West Palm Beach, FL • Post-Money Valuation

 

K2 Space, a company that develops large satellites for a post-Starship future, raises $110MM Series B from Lightspeed Venture Partners.

Satellites • Torrance, CA • Post-Money Valuation

 

Mattoboard, a company that develops a 3d design tool designed to create real material palettes online with no physical library, raises $2MM Seed from Acrobator Ventures.

Design • Las Vegas, NV • Post-Money Valuation

 

Prenuvo, a medical technology company that provides whole body medical diagnostic imaging for early detection of cancer and other diseases, raises $120MM Equity Funding from Forerunner Ventures.

Diagnostics • Redwood City, CA • Post-Money Valuation

 

Totem, a company that develops a peer-to-peer tracking device for consumers with precise, real-time location updates, raises $1.3MM Seed from Undisclosed Investors.

Peer to Peer • Chattanooga, TN • Post-Money Valuation

 

Antithesis, a developer of autonomous software testing solutions, raises $30MM Equity Funding from Amplify Partners.

Quality Assurance • Vienna, VA • Post-Money Valuation

 

Tofu, a provider of personalized omni-channel marketing campaigns for B2B go-to-market teams, raises $12MM Series A from SignalFire.

Marketing • San Mateo, CA • Post-Money Valuation

 

Uscreen, a company that develops an OTT (over-the-top) platform built for video creators, raises $150MM Equity Funding from PSG Equity.

Content Creators • Bethesda, MD • Post-Money Valuation

 

Surus, a company that provides digitally native trust services, raises $8MM Seed from Castle Island Ventures.

Fintech • Asheville, NC • Post-Money Valuation

 

BEKHealth, a company that provides an AI-powered platform that accelerates and improves clinical research processes, raises $4MM Equity Funding from Hatteras Venture Partners.

Research • Branford, CT • Post-Money Valuation

 

Voicecare, a company that develops a healthcare administration general intelligence platform, raises $3.9MM Equity Funding from Caduceus Capital Partners.

Generative AI • San Bruno, CA • Post-Money Valuation

 

Seagate Technology intends to acquire Intevac, a company that designs and develops high-productivity, thin-film processing systems.

Machinery • Santa Clara, CA • Deal

 

LightPath Technologies acquires G5 Infrared, a company that provides infrared solutions and optical and mechanical design services.

Product Design • Hudson, NH • Deal

 

Thrive acquires Secured Network Services, a company that provides information technology services.

IT Consulting • Littleton, NH • Deal

 

Factor Law acquires Theory and Principle, a product design and development shop focused exclusively on the legal industry.

Legal • Portland, ME • Deal

 

Heritage-Crystal acquires Worldwide Recovery, a company that provides waste collection, transportation, and disposal services.

Environmental Services • Pomona, CA • Deal

 

Integrated Power acquires Demaria Electric Motor, a provider of electric motor repair and maintenance services.

Repair & Maintenance • Paramount, CA • Deal

 

Family Resource acquires Beneficial in-Home Care, a home health care provider.

Home Health • East Wenatchee, WA • Deal

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