xAI adds a ‘memory’ feature to Grok

4/18/2025

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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.

April 18, 2025

What We're Reading

xAI adds a ‘memory’ feature to Grok [TechCrunch]
Shein and Temu to raise prices for US shoppers in response to tariffs [TechCrunch]
OpenAI’s Stargate project sets its sights on international expansion [TechCrunch]
Trump administration reportedly considers a US DeepSeek ban [TechCrunch]

Trending Companies

Xaba, a company that develops automated technology designed for sustainable manufacturing, raises $6MM Seed from Hitachi Ventures.

Automation • Toronto, Canada

Phantom Neuro, a company that builds a system which helps to enable lifelike control of robotic orthopedic technologies, raises $19MM Series A from Breakout Ventures.

Orthopedics • Austin, TX • Post-Money Valuation

Virtue AI, a firm that offers an all-inclusive risk assessment platform for AI applications, raises $30MM Series A from Lightspeed Venture Partners.

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

Ideem, a firm that specializes in payments online, raises $2.4MM Seed from Sovereign's Capital.

Payment Processing • Leawood, KS • Post-Money Valuation

Parallel Systems, a company that manufactures electric vehicles intended to serve as an autonomous and zero-emissions freight transportation system, raises $38MM Series B from Anthos Capital.

Electric Vehicle • Los Angeles, CA • Post-Money Valuation

C2FO, a working capital and early payment solutions provider, raises $30MM Equity Funding from International Finance Corporation.

Fintech • Leawood, KS • Post-Money Valuation

Fourier, a company that manufactures renewable energy equipment, raises $18.5MM Series A from Airbus Ventures.

CleanTech • Palo Alto, CA • Post-Money Valuation

Octolane, a company that develops customer relationship management CRM software, raises $2.6MM Seed from Y Combinator.

Customer Relationship Management (CRM) • New York, NY • Post-Money Valuation

Vinyl Equity, a company that develops a digital agent transfer platform designed for workflow automation, raises $11.5MM Seed from Index Ventures.

Workflow Management • Chicago, IL • Post-Money Valuation

Thrive Smart, a company that develops wireless irrigation management systems intended to enhance water conservation for agricultural and landscaping applications, raises $1MM Equity Funding from Hawaii Angels.

Irrigation • Provo, UT • Post-Money Valuation

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ClearCOGS, a company that develops a predictive forecasting platform designed to offer optimal daily preparation levels for restaurants, raises $3.8MM Seed from Closed Loop Partners.

Predictive Analytics • Philadelphia, PA • Post-Money Valuation

TurboLayer, a company that develops a B2B AI sales representative platform, raises $5.3MM Seed from Khosla Ventures and Humbition.

Sales Enablement • San Francisco, CA • Post-Money Valuation

iCreditWorks, a financial services company that offers loan products through their mobile application, raises $60MM Equity Funding from ComVest.

Fintech • Iselin, NJ • Post-Money Valuation

Redica, a company that develops a regulatory intelligence and compliance tool designed to make government data accessible to everyone, raises $15MM Debt Funding from CIBC Innovation Banking.

GovTech • Pleasanton, CA • Post-Money Valuation

Corvic, a company that develops an enterprise data platform designed to offer explainable analysis, raises $12MM Seed from M Ventures.

Enterprise Software • Los Altos Hills, CA • Post-Money Valuation

Liminal, a market intelligence and strategy advisory firm focused on digital identity and cybersecurity, raises $8.5MM Series A from Noro-Moseley Partners.

Identity Management • New York, NY • Post-Money Valuation

The Stage AI, a company that develops an AI optimisation platform designed to automate and accelerate the deployment of neural networks across diverse hardware environments, raises $4.5MM Seed from Mehreen Malik.

Optimization • Dover, DE • Post-Money Valuation

Doss, a company that develops a resource platform designed to create custom workflows, raises $18MM Series A from Theory Ventures.

Workflow Management • San Francisco, CA • Post-Money Valuation

Loti, a company that develops a brand protection platform, raises $16.2MM Series A from Khosla Ventures.

Facial Recognition • Seattle, WA • Post-Money Valuation

New Mountain Capital invests in Smarter Dx, a clinical AI company that develops automated pre-bill review tech to help hospitals maintain revenue integrity.

Billing • New York, NY • Deal

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