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Tesla recalls the Cybertruck for faulty accelerator pedals

Tesla recalls the Cybertruck for faulty accelerator pedals
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
April 22, 2024

What We're Reading

  • Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck [TechCrunch]
  • Internet users are getting younger; now the UK is weighing up if AI can help protect them [TechCrunch]
  • Meta AI is restricting election-related responses in India [TechCrunch]
  • Robots can make jobs less meaningful for human colleagues [TechCrunch]

Trending Companies

HumanX, an organization building the premier community for artificial intelligence (AI) and its deployment, raises $6MM Equity Funding from Primary Venture Partners.

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


Avalon, a computer game development company that offers a platform and tools for game creators and designers, raises $10MM Equity Funding from Bitkraft Ventures.

Developer Tools • Orlando, FL • Post-Money Valuation


RFX Solutions, a company that operates a regulatory compliance platform intended to ease the document compliance and management process, raises $9MM Series A from Arthur Ventures.

Compliance • Oklahoma City, OK • Post-Money Valuation


Loft Labs, a company that develops a scalable cloud-native software designed to allow developer teams to work together in shared clusters, raises $24MM Series A from Khosla Ventures.

Developer Tools • San Francisco, CA • Post-Money Valuation


MyTake2, a company that develops talent discovery software, raises $3MM Seed from Reach Capital.

Recruitment • Palo Alto, CA • Post-Money Valuation


Renterra, a company that develops a cloud-based rental management platform designed for heavy equipment rental companies, raises $3MM Seed from Bienville Capital.

Rental Equipment • Chicago, IL • Post-Money Valuation


Ilant Health, a company that provides metabolic healthcare services intended to offer obesity treatment, raises $5.5MM Seed from LifeX Ventures.

Diagnostics • New York, NY • Post-Money Valuation, a company that optimizes processes and resources, raises $47.5MM Equity Funding from Goldman Sachs Asset Management.

Optimization • New York, NY • Post-Money Valuation


Rivos, a company that develops a high performance RISC-V System Startup targeting integrated system solutions for Enterprise, raises $250MM Series A-3 from Matrix Capital Management.

Enterprise Software • Santa Clara, CA • Post-Money Valuation


BreachRx, a company that develops an intelligent incident response platform that provides operational resilience for the entire enterprise, raises $6.5MM Seed from SYN Ventures.

Cyber Security • San Francisco, CA • Post-Money Valuation



AI Squared, a developer of a systems integration platform that allows applications to be AI-powered, raises $13.8MM Series A from Ansa Capital.

Artificial Intelligence • Washington, DC • Post-Money Valuation


Anvilogic, a company that develops a security operations center platform designed for automated threat detection and modernized security operations, raises $45MM Series C from Evolution Equity Partners.

Cyber Security • Palo Alto, CA • Post-Money Valuation

Xeno, a biotechnology company that provides novel class of treatments for metabolic diseases, raises $1.5MM Equity Funding from Undisclosed Investors.

Drug Research • Somerville, MA • Post-Money Valuation


Ramp, a company that develops finance automation platform, raises $150MM Series D-2 from Khosla Ventures.

Automation • New York, NY • Post-Money Valuation


Windrose, a company that provides zero-emissions heavy-duty class 8 trucks that are autonomy-ready, raises $110MM from HSBC New Economy Fund.

Trucks • Hefei, China


Infinite Reality acquires STKS, a platform developer that allows users to compete against friends, rival fans and even professional athletes in sports trivia and prediction challenges, combining gameplay and social and digital collectibles.

Apps • New York, NY • Deal


Transcat acquires Becnel Rental Tools, a firm that provides rental tools and services intends for decommissioning and maintenance of oil wells.

Equipment • Gray, LA • Deal


Veritiv acquires AmeriPac, a pharmaceutical contract packing company that offers a wide array of services, including, poly bagging, shrink wrapping, clam shells, pick and pack, fulfillment services, blister packaging.

Contract Packaging • Dallas, TX • Deal


Craig Frames acquires FrameUSA, a firm that supplies American-made frames.

Distribution • Cincinnati, OH • Deal


Commvault acquires Appranix, a company that delivers cloud application resilience using cloud-native backup, DR and self-healing for the entire application environment.

Cloud • Boston, MA • Deal

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