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PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
May 14, 2025

What We're Reading

Trending Companies

 

Relevance, a firm that develops a platform designed for unstructured data through AI vectors, raises $24MM Series B from Bessemer Venture Partners.

Artificial Intelligence • Sydney, Australia

 

ReNew, a renewable energy company that focuses on solar & wind-energy projects, raises $100MM Equity Funding from British International Investment.

Renewable Energy • Gurugram, India

 

PAQ Therapeutics, a biotechnology company pioneering a new approach to restoring health and curing disease through autophagy, raises $39MM Series B from Bayland Capital.

Therapeutics • Cambridge, MA • Post-Money Valuation

 

Power to Hydrogen, a company that develops low-cost anion exchange membrane electrolyzers designed to produce clean hydrogen, raises $20MM Series A from Mitsui OSK Lines Ltd.

Energy • Columbus, OH • Post-Money Valuation

 

Ox Security, a company that develops a security platform designed to secure the modern software supply chain from vulnerabilities, raises $60MM Series B from DTCP.

Supply Chain Management • New York, NY • Post-Money Valuation

 

Stack AI, a developer of a no-code generative artificial intelligence platform intended to automate enterprise-grade business processes, raises $16MM Series A from Lobby VC.

No Code • Cambridge, MA • Post-Money Valuation

 

Wonderskin, a company that manufactures beauty and skincare products, raises $50MM Series A from Insight Partners.

Skincare • Fair Lawn, NJ • Post-Money Valuation

 

Carta Healthcare, a company that provides clinical data solutions, raises $18.3MM Series B-1 from UPMC Enterprises.

Health Care Technology • San Francisco, CA • Post-Money Valuation

 

Simple Closure, a firm that simplifies the wind-down process of a business by automating the bureaucratic and manual work, raises $15MM Series A from TTV Capital.

Automation • Santa Monica, CA • Post-Money Valuation

 

Fastino, a company that develops a task-optimized large language model (LLM), raises $17.5MM Seed from Khosla Ventures.

Large Language Model • Palo Alto, CA • Post-Money Valuation

 

 

ORS Nasco acquires Techniweld USA, a company that operates in the industrial distributors industry.

Equipment • Atlanta, GA • Deal

 

MGT acquires Ednetics, a firm that offers network infrastructure, data centers, cybersecurity, phones and collaboration tools, devices and classroom technology, and physical safety and security systems.

Data Centers • Post Falls, ID • Deal

 

Industrial Thermal Services acquires On-Site Stress Relieving Services, a firm that offers portable on-site industrial heat treating services.

Heat Treating • Baytown, TX • Deal

 

Astro Shapes acquires Star Extruded, a provider of aluminum extrusion services.

Extrusions • Canfield, OH • Deal

 

Sensible Solutions completes the acquisition of Invex, a company that provides data management, SecDevOps, analytics, cybersecurity, and cloud engineering services.

Information Technology • Fairfax, VA • Deal

 

Fivetran intends to acquire Census, a company that develops a data activation and operational analytics platform.

Data Management • San Francisco, CA • Deal

 

Kinective acquires Epic River, a company that develops a patient financing platform intended to streamline and accelerate payment processes.

Payment Processing • Fort Collins, CO • Deal

 

Vitable Health acquires LifeRaft Insurances, an insurtech company that offers supplementary health insurance products for patients.

Insurtech • San Francisco, CA • Deal

 

Shamrock Capital invests in Neocol, a company that provides subscription management and billing process services.

Billing • Chicago, IL • Deal

 

Safety Marking acquires Straight Line Industries, a provider of road stripping services.

General Contractor • Cohoes, NY • Deal

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