OpenAI’s new voice mode let me talk with my phone, not to it

*|MC:SUBJECT|*
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
August 19, 2024

What We're Reading

  • OpenAI’s new voice mode let me talk with my phone, not to it [TechCrunch]
  • AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play [TechCrunch]
  • Procreate takes a stand against generative AI, vows to never incorporate the tech into its products [TechCrunch]
  • GM cuts 1,000 software jobs as it prioritizes quality and AI [TechCrunch]

Trending Companies

 

Miru Smart, a developer of electrochromic window (eWindow) solutions for the residential, commercial and transportation markets, raises $20MM Series A from BDC Capital.

Smart Home • Vancouver, Canada

 

Chariot, a developer of payment solutions for Donor Advised Fund (DAF) giving, raises $11MM Equity Funding from Maveron.

Fintech • New York, NY • Post-Money Valuation

 

AmorSui, a manufacturer of personal protective equipment, raises $3.5MM Seed from Gold House Ventures.

Health Care Products • Philadelphia, PA • Post-Money Valuation

 

Plonts, a company that discovers and designs microbial communities to transform inexpensive plants into new categories of sustainable fermented foods, raises $12MM Seed from Lowercarbon Capital.

Alternative Protein • Oakland, CA • Post-Money Valuation

 

Napkin AI, a developer of a visual AI storytelling platform for businesses, raises $10MM Seed from Accel Partners.

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

 

DevRev, a developer of an AI-native modern support platform that connects end users, sellers, support, product people, and developers onto a common platform, raises $100MM Series A from Mayfield Fund.

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

 

MyAvana, a beauty tech company that analyzes hair strands to recommend personalized hair care regimens, raises $5.9MM Seed from Brain Trust Accelerator Fund.

Beauty • Atlanta, GA • Post-Money Valuation

 

Datch, a company developer of a voice interface platform designed for the industrial environment, raises $15MM Series A from Third Prime Capital.

Voice Assistant • San Francisco, CA • Post-Money Valuation

 

Kano Therapeutics, a company that develops a biotechnological production platform intended to expand the reach of genome-editing-based therapies through the development of transformational biomaterials, raises $5MM Seed from Vsquared Ventures.

Therapeutics • Cambridge, MA • Post-Money Valuation

 

UptimeAI, a company that develops predictive maintenance software, raises $14MM Series A from WestBridge Capital.

Predictive Analytics • South San Francisco, CA • Post-Money Valuation

 

 

Amulet PBC, a company that manufactures small portable electrochemical detection system designed to test for common allergenic ingredients, raises $6MM Series A from HealthX Ventures.

Wearables • Madison, WI • Post-Money Valuation

 

Ragie, a company that provides fully managed RAG-as-a-Service for developers, raises $5.5MM Seed from Craft Ventures.

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

 

Conduit, a company that develops financial software designed for cross-border payments, raises $6MM Seed from Helios Investment Partners.

Payments • Kalispell, MT • Post-Money Valuation

 

Cardea, a global investment management, advisory, and financial solutions firm, raises $15MM Debt Funding from Undisclosed Investors.

Investment Management • Atlanta, GA • Post-Money Valuation

 

Consello Capital acquires EHE Health, a firm that offers employee health and lifestyle management services.

Screening • New York, NY • Deal

 

Brightstar Capital Partners acquires Best Choice Roofing and Home Improvement, a roofing contractor.

General Contractor • Hendersonville, TN • Deal

 

Balance Point Capital Partners invests in Trilliad, a Growth Services Provider (GSP) that offers full-service solutions data, analytics, and technology to drive growth through sales, marketing, and customer success.

Analytics • Annapolis, MD • Deal

 

Whitsons Culinary acquires Arbor Management, a provider of food catering services.

Catering • Itasca, IL • Deal

 

The RISE Group acquires DG Service, a company that operates in the commercial & industrial engineering industry.

Engineering • Mattapoisett, MA • Deal

 

Abacus Life acquires FCF Advisors, an asset manager and index provider that specializes in free cash flow-focused investment strategies.

Asset Management • New York, NY • Deal

Website
Twitter
LinkedIn
Not a subscriber yet? Sign up here!
Have an interesting topic you want us to include. Let us know!