Databricks bought two startups to underpin its new AI security product; Scanner raises $22MM Series A from Sequoia Capital

Daily list of private company financial insights
March 26, 2025

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

Trending Companies

QCraft, a developer of autonomous driving (AD) solutions for automakers, raises $100MM Series D from Ningbo Ninghai Xingtaihe Fund.

Autonomous Vehicles (368) • Hong Kong, Hong Kong

 

ROBOTERA, a company that builds AI-driven humanoid and service robots designed to learn, adapt, and perform complex physical and interactive tasks across manufacturing, logistics, commerce, and everyday life, raises ¥1BN Equity Funding from Gaocheng Capital.

Robotics (1,384) • Zhongguancun, China

 

Surf Therapeutics, a clinical-stage company pioneering the development of non-invasive ultrasound neuromodulation technologies to modulate immune-related pathways, raises $6MM Seed from SOSV.

Health Care Equipment (4,903) • Austin, TX • Post Money Valuation

 

Sequen.ai, a company that develops reinforcement-learning-native search and discovery platform, using Large Event Models to deliver real-time adaptive personalization that shapes user behavior and drives higher engagement, conversion, and revenue for large consumer businesses, raises $16MM Series A from White Star Capital.

Large Language Model (124) • Long Island City, NY • Post Money Valuation

 

Tenkara Labs, a company that develops AI agents that automate back office functions for material manufacturers, raises $7MM Equity Funding from True Ventures.

Artificial Intelligence (6,624) • San Francisco, CA • Post Money Valuation

 

Imperative Care, a company speeding new answers to stroke by developing a portfolio of innovative solutions to address the vast and urgent unmet needs in stroke care, raises $100MM Debt Funding from Elevage Medical Technologies.

Health Care (41,888) • Campbell, CA • Post Money Valuation

 

Standard Template Labs, a company that develops new system that learns how enterprise work happens and applies that understanding to reduce manual coordination, raises $49MM Seed from ICONIQ Capital.

Management Services (1,171) • New York, NY • Post Money Valuation

 

CometChat, a developer of a software platform that allows developers to add text, voice and video chat to their websites, raises $6.5MM Equity Funding from Run Ventures.

Software Development (11,748) • Boulder, CO • Post Money Valuation

 

Obin AI, a company that builds specialized agentic AI workforces for regulated financial institutions, using domain-trained AI agents to automate complex workflows like credit analysis, risk monitoring, due diligence, and compliance in a secure, auditable, and institution-specific way, raises $7MM Seed from Motive Partners.

Artificial Intelligence (6,623) • New York City, NY • Post Money Valuation

 

BusRight, a company that provides a cloud-based digital school bus route planning and management solution which aims to upgrade the nation's school bus fleet, raises $30MM Equity Funding from Volition Capital LLC.

Information Technology (14,561) • Boston, MA • Post Money Valuation

Condor Software, a company that provides a financial intelligence platform purpose-built for life sciences companies, helping R&D, accounting, FP&A, and clinical operations teams automate accruals, forecasting, budgeting, and reporting with real-time data, AI-driven insights, and unified systems to bring life-saving treatments to patients faster, raises $24MM Series A from Insight Partners.

Fintech (3,438) • San Diego, CA • Post Money Valuation

 

Mave Health, a company that develops a non-invasive wearable headset and app using tDCS brain stimulation to help users improve focus, reduce stress, regulate mood, and enhance mental resilience in just 20 minutes a day for modern cognitive wellbeing, raises $2.1MM Seed from Blume Ventures.

Wearables (376) • Sheridan, WY • Post Money Valuation

 

Autoscience Institute, a company that develops AI systems that autonomously conduct AI research, raises $14MM Seed from General Catalyst Partners.

Artificial Intelligence (6,623) • San Mateo, CA • Post Money Valuation

 

Avtal, a company that provides white-labeled digital collections software to help collection agencies boost liquidation rates, raises $24MM Series A from S3 Ventures.

Fintech (3,438) • Austin, TX • Post Money Valuation

 

Lantern Specialty Care, a company that developed a specialty care platform connecting people with the best care when they need it most, raises $30MM Equity Funding from Morgan Health.

Specialty Care (14,347) • Dallas, TX • Post Money Valuation

 

Bluesky, a company that develops decentralized microblogging social platform, raises $100MM Series B from Bain Capital, LLC.

Platform (2,878) • Seattle, WA • Post Money Valuation

 

Cape, a company that provides privacy-first mobile network, raises $100MM Series C from Bain Capital Ventures.

Telecommunications (5,987) • Arlington, VA • Post Money Valuation

 

Verily Life Sciences, a life science reseach company intended to help understand ways to predict and prevent disease onset and progression, raises $300MM Equity Funding from Series X Capital.

Research & Development (3,791) • South San Francisco, CA • Post Money Valuation

 

Fervo Energy, a company that provides carbon-free energy through the development of next-generation geothermal power, raises $421MM Debt Funding from J.P. Morgan Chase.

CleanTech (477) • Houston, TX • Post Money Valuation

 

Aeromed Group acquired Norcatec, a firm that distributes military and defense spare parts, components, and assemblies intended to serve armed forces, government agencies, and defense equipment operators.

Machinery (13,541) • Garden City, NY • Deal
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