Grok gains a canvas-like tool for creating docs and apps

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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.
April 17, 2025

What We're Reading

  • Grok gains a canvas-like tool for creating docs and apps [TechCrunch]
  • AMD expects $800M charge due to US’s license requirement for AI chips [TechCrunch]
  • For security, Android phones will now auto-reboot after three days [TechCrunch]
  • TikTok takes on Google Maps by surfacing reviews in the comments tab [TechCrunch]

Trending Companies

Stitch Money, a firm that offers financial application programming interface platform intended to link bank accounts with a single sign-on experience securely, raises $55MM Series B from QED Investors.

Payment Processing • Cape Town, South Africa

 

Tapcheck, a software developer intended as an employee financial wellness and earned wage access platform, raises $225MM Debt & Series A from PeakSpan Capital and Victory Park Capital.

Personal Finance • Plano, TX • Post-Money Valuation

 

Meanwhile, a life insurance company that offers policies in Bitcoin, raises $40MM Series A from Fulgur Ventures.

Insurtech • San Francisco, CA • Post-Money Valuation

 

The Ryl Company, a company that manufactures ready to drink tea, raises $15MM Series B from Morgan Wallen.

Tea • Cedar Knolls, NJ • Post-Money Valuation

 

Cofertility, a fertility care company that provides egg freezing and egg donation services, raises $7.3MM Series A from Next Ventures.

Women Health • Los Angeles, CA • Post-Money Valuation

 

Mainspring Energy, a manufacturer of linear power generators, raises $258MM Series F from General Catalyst Partners.

Generators • Menlo Park, CA • Post-Money Valuation


NetRise, a cloud-based platform developer which provides insight into the many risks present in a firmware image, raises $10MM Equity Funding from DNX Ventures.

Cloud • Austin, TX • Post-Money Valuation

 

Hellocare, a developer of AI-assisted virtual care delivery platform for healthcare industry, raises $47MM Equity Funding from HealthQuest Capital.

SaaS • Clearwater, FL • Post-Money Valuation


Collide, a provider of a GenAI platform for the energy sector,  raises $5MM Seed from Mercury Fund.

Generative AI • Houston, TX • Post-Money Valuation

 

ACA Group acquires Global Trading Analytics, a company that develops trading cost analysis software.

Analytics • Rutherford, NJ • Deal

 

 

The Boardroom Salon acquires Finley's Barbershop, a men's beauty saloon that provides haircuts, straight razor shaves, manicures, and facials.

Personal Care • Lakeway, TX • Deal

 

Ennis acquires Northeastern Envelope, a manufacturer of custom-made envelopes.

Office Supplies • Old Forge, PA • Deal

 

StoneX acquires R.J. O'Brien, a futures brokerage and clearing firm.

Brokerage • Chicago, IL • Deal

 

Vobile acquires Pexeso, a company that develops a digital rights technology intended to provide transparency and accuracy to license and manage content.

Audio • Los Angeles, CA • Deal

 

BayPine Investment acquires CenExel Clinical, a clinical research site network pursing life-changing therapies committed to better patient outcomes.

Clinical Services • Salt Lake City, UT • Deal

 

Consumer Edge acquires Earnest Analytics, a firm that operates data analytics company intended to offer market analysis and assistance with investment-related decisions.

Big Data • New York, NY • Deal

 

Terracon acquires The Transtec Group, a firm that offers pavement engineering services intended for railway, road and construction industries.

Paving • Austin, TX • Deal


Pearce acquires Joemax Telecom, a firm that offers turnkey outside plant and inside plant engineering services, specializing in fiber optic network design, right of way management, and program management.

Engineering • Fairfield, NJ • Deal

 

Avem Partners acquires FMI Aerostructures, a firm that provides critical structural components and assemblies for aerospace and defense industry.

Machining • Valencia, CA • Deal

 

UES acquires Stevenson Consulting, an engineering consultancy intended to serve architects, developers, engineers, and contractors by offering geotechnical engineering, environmental engineering, materials testing and inspection.

Engineering Services • Midlothian, VA • Deal

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