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Meta’s benchmarks for its new AI models are a bit misleading

Meta’s benchmarks for its new AI models are a bit misleading
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
April 8, 2025

What We're Reading

Trending Companies

 

Vivere, a provider of technology-enabled insurance solutions that enhance operational efficiency and drive profitability in niche markets, raises $7.5MM Series A from General Catalyst Partners.

Insurtech • Laguna Beach, CA • Post-Money Valuation

 

Rapid Claims, a provider of an AI-powered revenue cycle management platform, raises $8MM Series A from Accel Partners.

SaaS • Wilmington, DE • Post-Money Valuation

 

Trialkit, a provider of an AI-powered discovery platform for criminal defense attorneys, raises $4.3MM Seed from UpWest.

Legal Tech • Montclair, NJ • Post-Money Valuation


SpinLaunch, a company that builds a ground-based, kinetic launch system that delivers a substantially less expensive and environmentally sustainable system to place constellations of small satellites into Low Earth Orbit (LEO), raises $12MM Equity Funding from Kongsberg Gruppen ASA.

Flight Training • Long Beach, CA • Post-Money Valuation


HeroWear, a wearable technology company developing a suite of assistive clothing solutions that reduce fatigue and physical strain on workers, raises $5MM Series A from White Road Investment.

Wearables • Nashville, TN • Post-Money Valuation


Hydrolix, a data management company providing solutions for storing, managing, and analyzing large-scale data, raises $80MM Series C from QED Investors.

Outsourcing • Portland, OR • Post-Money Valuation

 

Runway AI, a company that develops online creativity tools for content creation and video editing, raises $308MM Series D from General Atlantic.

Generative AI • New York, NY • Post-Money Valuation

 

AutonomyAI, a company focused on enhancing front-end software development for businesses, raises $4MM Seed from Inbound Capital.

Artificial Intelligence • New York, NY • Post-Money Valuation

 

Linus, a firm that develops educational application designed to assist students in preparing for standardized exams, raises $5MM Seed from Owl Ventures.

EdTech • Oakland, CA • Post-Money Valuation

 

Mandos Health, a digital health platform built for the every man's health concern, $1MM Equity Funding from Stone Mountain Ventures.

Digital Health • Clarksville, IN • Post-Money Valuation

 

HeyLibby, a firm that develops AI-powered platform designed to assist users with a variety of tasks by providing personalized and actionable insights, raises $4.5MM Seed from Vertical Venture Partners.

SaaS • Issaquah, WA • Post-Money Valuation

 

Atsena Therapeutics, a clinical-stage gene therapy company focused on bringing the life-changing power of genetic medicine to reverse or prevent blindness, raises $150MM Series C from Bain Capital.

Drug Research • Durham, NC • Post-Money Valuation

 

MotionPoint acquires GetGloby, a company that develops translation software.

Translation • New York, NY • Deal

 

Jennmar acquires All Tech, an industrial machinery company.

Industrial Manufacturing • Wyoming, MI • Deal

 

Globus Medical acquires Nevro, a global medical device company focused on delivering innovation to improve the quality of life for patients suffering from debilitating chronic pain.

Health Care Technology • Menlo Park, CA • Deal

 

Aveanna Healthcare acquires Thrive SPC, a provider of at-home pediatric care services.

Childcare • Wakefield, MA • Deal

 

Fifteenfortyseven acquires DRFortress, a company providing cloud marketplace and carrier-neutral data center.

Data Centers • Honolulu, HI • Deal

 

The Hershey acquires LesserEvil, a company that produces plant-based snacks.

Plant-Based • Tuckahoe, NY • Deal

 

Novartis acquires Anthos Therapeutics, a clinical-stage biopharmaceutical company focused on the development and commercialization of genetically and pharmacologically validated innovative therapies to advance care for people living with cardiovascular and metabolic (CVM) diseases.

Drug Research • Boston, MA • Deal

 

AlertMedia acquires Pyrra Technologies, a company that develops an AI solution that identifies threats through alternative social media.

Social Media • Washington, DC • Deal


 

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