Lovable says it added $100M in revenue last month alone, with just 146 employees; Axiomatic AI raises $18MM Seed from Engine Ventures

Daily list of private company financial insights

March 13, 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

Alan SA, a digital health insurance company that gives to its members access to medical professionals, through in-person appointments or by video, raises $116MM Equity Funding from Index Ventures.

Insurance (15,369) • Paris, France

 

Uzum Technologies, a company that operates a digital ecosystem for online shopping, payments, and business services, raises $130MM Equity Funding from VR Capital.

E-Commerce (9,491) • Tashkent, Uzbekistan

 

Mega, a firm that provides an AI-powered growth engine that replaces traditional marketing agencies for SMBs, raises $11.5MM Series A from Goodwater Capital.

Search Engine Optimization (30) • Brooklyn, NY • Post Money Valuation

 

Nitra, a company that provides financial products, integrated medical software and supply chain solutions to practitioners and physicians in the healthcare industry, raises $115MM Debt Funding from Avenue Capital Group.

Enterprise Software (5,985) • New York, NY • Post Money Valuation

 

MindImmune Therapeutics, a biopharmaceutical company targeting the inflammatory drivers of Alzheimer's Disease and other neurodegenerative disorders, raises $5MM Grant / Non-equity Funding from Alzheimers Drug Discovery Foundation.

Biopharmaceuticals (770) • Kingston, RI • Post Money Valuation

Eridu, a firm that develops advanced hardware and infrastructure technology to make artificial intelligence systems run fast and efficiently, raises $200MM Series A from Hudson River Trading.

Big Data (2,482) • Saratoga, CA • Post-Money Valuation

 

Nexthop AI, an infrastructure firm building the most efficient AI infrastructure for the world's largest cloud operators, raises $500MM Series B from Lightspeed Venture Partners.

Cloud (5,307) • Santa Clara, CA • Post-Money Valuation

 

Talvy, a firm that develops an AI-powered platform intended to transform the sales talent lifecycle from hiring to coaching, raises $2MM Seed from Link Ventures.

Video (4,020) • Cambridge, MA • Post-Money Valuation

 

AFM Capital acquires a majority stake in Incodema3d, a firm that manufactures metal additive manufacturing parts intended for direct metal 3D printing of complex, precision components.

Industrial Products (25,408) • Freeville, NY • Deal

 

GreenArrow acquires Narwhal Group, a firm that offers innovative software and hardware products and services for highway operations, planning, research, construction, intelligent transportation systems (ITS), road weather operations, and maintenance areas to customers in the broader transportation sector.

IT Consulting (18,014) • Salt Lake City, UT • Deal

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