Anthropic won’t budge as Pentagon escalates AI dispute; Odynn raises $9.5MM Seed from Bonfire Ventures

Daily list of private company financial insights

February 26, 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

Axelera AI, a developer of hardware and software solutions for AI inference, raises $250MM Equity Funding from Innovation Industries.

Productivity (501) • Eindhoven, Netherlands

 

Potpie AI, a firm that develops a code-auditing SaaS platform designed to analyze the necessary code behavior, raises $2.2MM Pre-Seed from Emergent Ventures.

Analysis (33) • Dover, DE • Post-Money Valuation

 

Slate Medicines, a biotechnology firm intended to develop next-generation therapeutics targeting PACAP for the treatment and prevention of migraine and other headache disorders, raises $130MM Series A from RA Capital Management.

Biotechnology (5,640) • Boston, MA • Post-Money Valuation

 

Mogul, a platform developer that tracks creators' royalty earnings from all sources, including streaming services, record labels, and publishers, enabling clients to monitor earnings and registrations, raises $5MM Equity Funding from Yamaha Music Innovations Fund.

Consumer Software (827) • West Hollywood, CA • Post-Money Valuation

 

Nimble, a firm that develops web data automation platform designed for web data gathering at a scale, raises $47MM Series B from Norwest Venture Partners.

Automation (2,996) • New York, NY • Post-Money Valuation

 

InScope, a company that develops a financial statement automation platform designed to provide audited financials, raises $14.5MM Series A from Storm Ventures.

Fintech (3,413) • San Francisco, CA • Post-Money Valuation

 

Circadian Risk, a company which specializes in enterprise risk analysis SaaS and scenario-based assessment products, raises $6MM Series A from Arthur Ventures.

Risk Management (1,589) • Ann Arbor, MI • Post-Money Valuation

 

Letter AI, a firm that develops generative artificial intelligence platform designed to accelerate content creation for sales teams, raises $40MM Series B from Battery Ventures.

SaaS (7,130) • Chicago, IL • Post-Money Valuation

 

Handl Health, a company that developed an AI platform that compares prices of carrier networks and healthcare providers to help benefits consultants design and manage best-in-class health plans, raises $14MM Series A from Arthur Ventures.

Artificial Intelligence (6,526) • Wilmington, DE • Post-Money Valuation

 

Subject, a developer of a subscription-based education platform intended to empower students to accelerate their academic and professional outcomes, raises $28MM Equity Funding from Vistara Growth.

EdTech (918) • Los Angeles, CA • Post-Money Valuation

ZaiNar, a technology company developing real-time 3D location and positioning solutions that serve as an alternative to GPS for physical AI applications, raises $100MM Equity Funding from Jerry Yang.

Internet of Things (1,446) • Redwood City, CA • Post-Money Valuation

 

Armstrong World Industries acquires Eventscape, a firm that provides custom architectural fabrication services intended to serve global architecture and design markets.

Engineering (66,386) • Long Island City, NY • Deal

 

Virgin Music Group acquires Downtown Music Holdings, a company that owns, manages, and develops businesses with a vision for a more equitable and innovative music ecosystem.

Entertainment (11,751) • New York, NY • Deal

 

AIR Control Concepts acquires Technical Air, a firm that offers specialized air distribution equipment, control integration capabilities, and manufacturer-aligned technical representation.

Industrial Distribution (378) • Morristown, NJ • Deal

 

Haveli Investments acquires SirionLabs, a company that develops an AI-powered contract management platform for the whole enterprise supplier management services.

Enterprise Software (5,982) • Lehi, UT • Deal

 

The Lockwood Group acquires Total Health Oncology, a company that provides free oncology medical education.

Oncology (290) • Boca Raton, FL • Deal

 

Everpure intends to acquire 1touch.io, a developer of a data intelligence platform that automatically discovers, maps, and catalogs all sensitive information in the enterprise network, regardless of where it exists (structured, unstructured, known/unknown).

Data Management (1,519) • Stamford, CT • Deal

 

GameSquare Holdings intends to acquire TubeBuddy, a platform which is the largest one to help YouTube creators optimize their audience and channel growth.

Optimization (690) • San Diego, CA • Deal

 

The Pokemon Company acquires Excell Brands, a firm that offers full-service category management and a distribution partner committed to driving growth for trading card and collectible brands.

Supply Chain Management (2,878) • Des Moines, IA • Deal

 

Salesforce acquires Momentum Labs, a company that develops a platform which is intended to provide, build and automate sales workflows.

Automation (2,996) • San Francisco, CA • Deal

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