The race to regulate AI has sparked a federal vs state showdown; Norm Ai raises $50MM in Equity Funding from Blackstone Innovations Investments

Daily list of private company financial insights

December 2, 2025

What We're Reading

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

Trending Companies

Nest Health, a firm that operates a family healthcare platform intended to bring healthcare service to the home by offering convenient and accessible in-home and virtual visits, raises $22.5MM Series A from HopeLab.

Childcare (2,889) • New Orleans, LA • Post-Money Valuation

 

Pibit AI, a firm that develops a commercial underwriting platform designed to streamline risk assessment for carriers and managing general agents, raises $7MM Series A from Stellaris Venture Partners.

Insurtech (480) • South San Francisco, CA • Post-Money Valuation

 

Momentic, a provider of an AI-powered software testing platform, raises $15MM Series A from Y Combinator.

Artificial Intelligence (6,269) • San Francisco, CA • Post-Money Valuation

 

Numerai, a fintech firm that runs a decentralized hedge fund, raises $30MM Series C from Union Square Ventures.

Cryptocurrency (973) • San Francisco, CA • Post-Money Valuation

 

Revenium, a provider of a financial intelligence platform for managing and optimizing AI spend, raises $13.5MM Seed from WestWave Capital.

Fintech (3,364) • Herndon, VA • Post-Money Valuation

 

Poppy Flowers, a provider of custom florals and flower products intended for functions and non-occasion purposes, raises $2.7MM Series A from Michigan Capital Network.

Flowers (1,527)  • Washington, DC • Post-Money Valuation

 

MindImmune Therapeutics, a biopharmaceutical company targeting the inflammatory drivers of Alzheimer's Disease and other neurodegenerative disorders, raises $10.2MM Series A from Dolby Family Ventures.

Drug Research (967) • Kingston, RI • Post-Money Valuation

 

Opti.ai, a developer of an AI-native identity security platform that transforms IAM for enterprises at scale, raises $20MM Seed from YL Ventures.

Data Security (53) • New York, NY • Post-Money Valuation

 

NetFoundry, a company that offers secure platform through embeddable Zero Trust connectivity, empowering solution providers to seamlessly create and integrate scalable Zero Trust networks into their connected products for high-security deployments, raises $3MM Series A from Cisco Investments.

Cyber Security (3,119) • Charlotte, NC • Post-Money Valuation

 

Maritime Fusion, a company developing HTS (high-temperature superconducting) tokamaks to power marine shipping vessels and other off-grid energy markets, raises $4.5MM Seed from Trucks Venture Capital.

Energy (2,667) • San Francisco, CA • Post-Money Valuation

Harmonic, a company that develops a mathematical reasoning engine designed to tackle complex mathematical problems using AI technology, raises $120MM Series C from Ribbit Capital.

EdTech (911) • Palo Alto, CA • Post-Money Valuation

 

FamilyWell Health, a company that develops a digital health company intended to solve the perinatal mental health crisis and close the health equity gap, raises $8MM Series A from New Markets Venture Partners.

Digital Health (468) • Flourtown, PA • Post-Money Valuation

 

Automat, a firm that develops a business operations automation tool designed to offer robotic process automation using generative artificial intelligence and computer vision, raises $15.5MM Series A from Felicis Ventures.

Computer Vision (274) • San Francisco, CA • Post-Money Valuation

 

Poly, a firm that develops a cloud storage platform intended to provide a file system for all digital creations, raises $8MM Seed from Felicis.

Cloud • Santa Monica, CA • Post-Money Valuation

 

WellBeam, a healthcare technology firm that develops a connected care platform designed to upgrade clinical care coordination, raises $10MM Series A from Wittington Ventures.

Health Care Technology (2,875) • Morgan Hill, CA • Post-Money Valuation

 

CraftStory, a firm that develops generative-AI video technology focused on producing realistic, human-centric, long-form (multi-minute) videos, raises $2MM Equity Funding from Andrew Filev.

Generative AI (335) • Santa Clara, CA • Post-Money Valuation

 

Athian, a developer of a carbon credit marketplace for the livestock industry, raises $4MM Series A from Ajinomoto Group Ventures.

GreenTech (184) • Indianapolis, IN • Post-Money Valuation

 

Model ML, a developer of an AI-powered research and market intelligence platform that streamlines data analysis, competitive benchmarking, and industry insights for financial professionals, raises $75MM Series A from FT Partners.

Data Analytics (133) • New York, NY • Post-Money Valuation

 

Broadsign acquires Place Exchange, a firm that provides marketing services intended for programmatic out-of-home and place-based media.

Digital Media (1,303) • New York, NY • Deal

 

SiteOne Landscape acquires French Broad Stone Supply, a firm that offers landscaping material, natural building stones, boulders, stepping stones, masonry supplies, cement, metal lath, rock hammers, chisels, and saw blades.

Landscaping (5,534) • Asheville, NC • Deal

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