AI is hurting Apple in more ways than one; MainFunc raises $100MM Series B from Sozo Ventures

Daily list of private company financial insights

June 19, 2026

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

Aston Labs, a firm that operates a decentralized energy and infrastructure company intended for a carbon-free utility network, raises $20MM Equity Funding from TDK Ventures.

Climatetech (290) • Raleigh, NC • Post-Money Valuation

 

Hydra Host, a platform developer that connects a global network of independent data centers for an API-driven provisioning engine that manages high-density GPU clusters without virtualization overhead, raises $100MM Series A from Kindred Ventures.

Big Data (2,644) • Miami, FL • Post-Money Valuation

 

Atom, a platform developer that utilizes arrays of optically-trapped neutral atoms that are cooled and controlled wirelessly via lasers, featuring nuclear-spin qubits with high-fidelity gate operations, industry-leading coherence times, and advanced mid-circuit measurement capabilities, raises $100MM Series C from Third Point Ventures.

DevOps (183) • Berkeley, CA • Post-Money Valuation

 

Bland AI, a developer of an AI phone calling platform to build, test and scale phone agents, raises $50MM Series C from Dell Technologies Capital.

Enterprise Software (6,539) • San Francisco, CA • Post-Money Valuation

 

Copia Automation, a firm that develops unparalleled visibility tools designed to help with industrial automation, raises $26MM Equity Funding from AE Ventures.

Enterprise Software (6,539) • New York, NY • Post-Money Valuation

 

Mantle Energy, an energy firm that leverages techniques to create heat in oil and gas formations in a way that facilitates both Enhanced Oil Recovery and Geothermal Energy to provide energy security and a lower carbon baseload power, raises $5MM Seed from Undisclosed Investors.

Energy (3,041) • Dallas, TX • Post-Money Valuation

 

Principal Mineral, a firm that recovers and processes industrial mineral outputs through domestic mining, recycling, and manufacturing operations, raises $280MM Equity Funding from Overmatch Ventures.

Mining (2,903) • Southlake, TX • Post-Money Valuation

 

Vedana Therapeutics, a biotechnology company developing next-generation preventive therapies for migraine treatment by leveraging pituitary adenylate cyclase-activating polypeptide (PACAP) biology, and combinatorial targeting of clinically validated pathways, raises $46MM Series A from Canaan Partners.

Drug Research (1,078) • Seattle, WA • Post-Money Valuation

 

HighGround AI, a firm that develops an intelligence platform designed to provide data for defense and aerospace markets, raises $6.5MM Equity Funding from Next Frontier Capital.

SaaS (8,027) • Washington, DC • Post-Money Valuation

 

Tenet Security, a platform developer that offers agent-side simulation to predict autonomous agent actions across endpoint and cloud environments, raises $6MM Seed from The Westly Group.

Big Data (2,645) • New York, NY • Post-Money Valuation

Traysar, a firm that manufactures autonomous underground systems designed for military strike and defense purposes, raises $25MM Seed from Silent Ventures.

Defense (127) • Austin, TX • Post-Money Valuation

 

NeuralTrust, a firm that develops cybersecurity platform intended to provide a comprehensive security infrastructure for organizations adopting generative artificial intelligence, raises $20MM Seed from Alstin Capital.

Cyber Security (3,659) • New York, NY • Post-Money Valuation

 

Flagright, a firm that develops an AI-native financial crime compliance software designed for regulatory compliance and risk management, raises $12.5MM Series A from Infinity Ventures.

Risk Management (2,146) • Santa Clara, CA • Post-Money Valuation

 

Clario, a company that develops automated cleaning solutions and technologies designed to improve efficiency, consistency, and hygiene in commercial and industrial environments, raises $6MM Seed from Preface Ventures.

CleanTech (580) • Menlo Park, CA • Post-Money Valuation

 

Convey AI, a company that develops an AI agent platform that enables enterprises to train and deploy autonomous digital teammates to execute workflows, automate repetitive tasks, and operate across business systems without engineering support, raises $38MM Series A from Andreessen Horowitz.

Automation (3,811) • San Francisco, CA • Post-Money Valuation

 

Spot Biosystems, a company that develops mRNA therapies delivered through extracellular vesicles to treat cancer, rare diseases, ischemic injury, and age-related conditions using non-viral gene delivery technologies, raises $40MM Equity Funding from IDG Capital Partners.

Therapeutics (1,603) • Palo Alto, CA • Post-Money Valuation

 

Odyssey Systems, a company that developed an AI lab pioneering general world models: causal, multimodal systems that learn to predict and interact with the world over long horizons, raises $310MM Series B from Natural Capital.

Artificial Intelligence (7,844) • Palo Alto, CA • Post-Money Valuation

 

Ploy, a company that develops an AI-powered website growth platform that builds, tests, and continuously optimizes websites, SEO, and marketing campaigns using autonomous agents, raises  $27MM Seed from Y Combinator.

SEO (1,455) • San Francisco, CA • Post-Money Valuation

 

HPS Investment invests in Behavox, a developer of a people analytics platform designed to search and interrogate huge amounts of employee-generated data in real-time.

Visualization (574) • New York, NY • Deal

 

Salesforce intends to acquire Fin AI, a customer engagement software company.

ChatBot (133) • San Francisco, CA • Deal

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