The New York Times and Amazon ink AI licensing deal; The Browser Company mulls selling or open-sourcing Arc Browser amid AI-focused pivot

*|MC:SUBJECT|*
May 30, 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

 

Veesion, a company that develops a fraud detection platform designed to facilitate the detection of gestures associated with shoplifting, raises €53MM Equity Funding from White Star Capital.

Fraud Protection • Paris, France

 

ReproNovo, a biotechnology company focusing on reproductive medicine and women's health, raises $65MM Series A from M Ventures.

Life Sciences • Lausanne, Switzerland

 

Fore, a precision oncology company that develops selective medicines for functionally and genomically defined cancer patients, raises $38MM Series D-2 from Wellington Management.

Drug Research • Philadelphia, PA • Post-Money Valuation

 

Sangha Renewables, a firm that develops integrated energy load-balancing infrastructure designed for renewable energy projects experiencing surplus generation or grid constraints, raises $14MM Equity Funding from Undisclosed Investors.

Infrastructure • New York, NY • Post-Money Valuation

 

LMArena, a provider of an open platform where the user has access to AI models for its progress through real-world voting and feedback, raises $100MM Seed from Andreessen Horowitz.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation

 

PiLogic, a firm that develops artificial intelligence reasoning engine platform designed for informed decision-making under uncertainty using probabilistic inference, raises $14MM Seed from Scout Ventures.

Cyber Security • Los Angeles, CA • Post-Money Valuation

 

Rhizome, a company that develops climate resilience platform, raises $6.5MM Seed from Base10 Partners.

Climatetech • Washington, DC • Post-Money Valuation

 

DataHub, a developer of an open-source AI & data context management platform, raises $35MM Series B from Bessemer Venture Partners.

Open Source • Mountain View, CA • Post-Money Valuation

 

Axle Health, a provider of scheduling and workforce management software in the home health care space, raises $10MM Series A from F Prime.

Health Care Technology • Claymont, DE • Post-Money Valuation

 

RevenueCat, a company that develops a subscription management platform designed to integrate in-app purchases into applications, raises $50MM Series C from Bain Capital Ventures.

Subscription • Brandon, FL • Post-Money Valuation

 

 

Siro, a provider of an AI-powered conversation intelligence platform for in-person sales, raises $50MM Series B from SignalFire.

Coaching • New York, NY • Post-Money Valuation

 

Slash, a financial technology company that offers deposits, payments, virtual cards, and expense tracking, raises $41MM Series B from Goodwater Capital.

Fintech • San Francisco, CA • Post-Money Valuation

 

WellTheory Technologies, a company that provides autoimmune and inflammatory conditions care services, raises $5MM Equity Funding from Accel Partners.

Fitness • Atherton, CA • Post-Money Valuation

 

Pixee, a firm that develops virtual security engineer intended to make the code more secure, raises $15MM Equity Funding from Decibel Ventures.

Cyber Security • Baltimore, MD • Post-Money Valuation

 

Rhino Federated Computing, a firm that develops federated learning and edge-computing platform designed to collaborate without sharing data or compromising data privacy, raises $15MM Series A from LionBird Ventures.

Big Data • Boston, MA • Post-Money Valuation

 

Skriber, a platform developer that uses advanced AI to automate the documentation process for healthcare providers, raises $1.3MM Pre-Seed from Morgan Creek Capital.

SaaS • Pasco, WA • Post-Money Valuation

 

Netrio acquires Agio, a managed IT and cybersecurity provider specializing in the financial services sector.

Cyber Security • New York, NY • Deal

 

Diligent acquires Vault Platform, a GRC SaaS company.

SaaS • San Francisco, CA • Deal

 

EQT intends to acquire Seven Seas Water, a company that provides water desalination and wastewater treatment plant services.

Water Treatment • Tampa, FL • Deal

 

Boyne Capital invests in McNish, a firm that provides products and services for the water and wastewater industry, such as customized engineered products.

Water Treatment • Aurora, IL • Deal

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