Why Rivian is holding the $45,000 base model R2 until ‘late 2027’; KAST Tech raises $80MM Series A from QED Investors

Daily list of private company financial insights

March 16, 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

Eridu Corporation, a firm that develops advanced hardware and infrastructure technology to make artificial intelligence systems run fast and efficiently, raises $200MM Series A from Socratic Partners.

Infrastructure as a Service (IaaS) (106) • Saratoga, CA • Post Money Valuation

 

Nexthop AI, an infrastructure firm building the most efficient Al infrastructure for the world's largest cloud operators, raises $500MM Series B from Lightspeed Venture Partners.

Infrastructure (1,117) • Santa Clara, CA • Post Money Valuation

 

PactFi, a firm that develops a fintech platform designed to transform the infrastructure on which the private asset market operates, raises $25MM Series A from 7RIDGE Ecosystem Impact Fund.

Fintech (3,429) • New York, NY • Post Money Valuation

 

SageSure, a firm that provides insurance products, solutions, and comprehensive coverage to homeowners in underserved areas and selects the right policy as per customers' needs, raises $200MM Equity Funding from Seawall Re II Ltd.

Insurance (15,369) • Jersey City, NJ • Post Money Valuation

 

Talvy, a firm that develops an AI-powered platform intended to transform the sales talent lifecycle from hiring to coaching, raises $2MM Seed from Link Ventures.

Platform (2,866) • Cambridge, MA • Post Money Valuation

Lux Aeterna Space, a developer of reusable satellite platforms designed for space operations, raises $10MM Seed from Konvoy Ventures.

Aerospace & Defense (3,318) • Denver, CO • Post Money Valuation

 

Elide Interfaces, a firm that develops wearable voice capture device and companion software designed for continuous personal idea recording and organization, raises $23MM Series A from Kindred Ventures.

Wearables (374) • New York, NY • Post Money Valuation

 

Amber Solutions, a technology service company that develops an intelligent electrical architecture, raises $30MM from Undisclosed Investors.

Technology Services (32,600) • Dublin, CA • Post Money Valuation

 

Quince, a firm that provides a luxury brand that sells high-quality fashion and home goods at prices, direct from the factory, raises $200MM Series D from ICONIQ Capital.

Luxury (652) • San Francisco, CA • Post Money Valuation

 

Serent Capital invests in Saisystems, an information technology consultancy firm intended to design and deploy software applications for assisting healthcare institutes in financial and business operations.

Database Management (651) • Shelton, CT • Deal

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