Generative AI and copyright law

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

May 10, 2023

What We're Reading

Generative AI and copyright law: What’s the future for IP? [TechCrunch]
Detroit says its going "full-bore" on EV infrastructure [Axios]
Porsche taps Mobileye for automated driving functions in future models [TechCrunch]
Meat prices falling: Tyson Foods cuts sales forecast [Axios]

Trending Companies

Olyns, a company that specializes in recycling technologies, raises $4MM Series A from Vanedge Capital.

Digital Media • Santa CA • Post-Money Valuation

Pietra, a company building a broad platform for creators that are looking to scale sales of physical goods, raises $16MM Equity Funding from Founders Fund.

Luxury • New York, NY • Post-Money Valuation

Solera Bio, a preclinical-stage biotechnology company that develops microbiome-based therapies, raises $15MM Series B from S2G Ventures.

Therapeutics • Cambridge, MA • Post-Money Valuation

Vibe, a developer of a no-code platform that enables creatives to turn NFTs into fully fledged applications and products, raises $4MM Seed from Alchemy Ventures.

NFT • San Francisco, CA • Post-Money Valuation

PermitFlow, a developer of a construction permit application and management platform for builders and owners, raises $5.5MM Seed from Initialized Capital.

Productivity • San Francisco, CA • Post-Money Valuation

Marble, a company that developed a digital wallet and loyalty platform for insurance, raises $4.2MM Seed Plus from Distributed Ventures.

Insurtech • New York, NY • Post-Money Valuation

Lucem Health, a company that provides a remote diagnostics platform that helps clinicians improve patient outcomes and lower costs, raises $7.7MM Series A from Mayo Clinic.

Health Care Technology • Raleigh, NC • Post-Money Valuation

Bloomfilter, a provider of process intelligence platform for the software development lifecycle, raises $5.5MM Seed from Magarac Venture Partners and $1.5MM Debt Funding from Pacific Western Bank.

Enterprise Software • Akron, OH • Post-Money Valuation

Webb, a multi-chain privacy system for transferring assets across blockchain protocols, raises $7MM Seed from Polychain.

Fintech • New York, NY • Post-Money Valuation

Optery, a company that developed an opt out software that removes private information from the internet, raises $2.7MM Seed from Bayhouse Capital.

Information Management • Clayton, CA • Post-Money Valuation

Since last week, PrivCo has added:
155 Companies | 128 Funding Rounds | 148 M&A Deals

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1touch.io, a developer of a data intelligence platform that automatically discovers, maps, and catalogs all sensitive information in the enterprise network, raises $14MM Series B from Neotribe Ventures.

Data Management • Stamford, CT • Post-Money Valuation

Sensydia, a developer of a portable, point-of-care hemodynamic measurement platform that uses proprietary sensor technology and machine learning to guide critical patient management decisions in heart failure, sepsis, pulmonary hypertension and other critical diseases, raises $8MM Equity Funding from undisclosed investors.

Medical Devices • Los Angeles, CA • Post-Money Valuation

Antimetal, a firm that offers solutions leveraging AI to automate the entire cost optimization process, raises $4.3MM Seed from Framework Venture Partners.

SaaS • New York, NY • Post-Money Valuation

Alliant Insurance Services acquires McAnally Wilkins, a firm that offers property and casualty (P&C) insurance solutions for the oil and gas service industry.

Finance • Midland, TX • Deal

Static Media acquires Women.com, a firm that offers an online interactive publishing platform.

Publishing • Manhattan Beach, CA • Deal

Brown & Brown acquires Brownlee Agency, a company that offers insurance products and services.

Insurance • Tifton, GA • Deal

Northpoint Roofing Systems, a portfolio company of Halmos Capital Partners and NewSpring, acquires Rising Star Roofing, a provider of residential roof and chimney replacement and repair services.

Residential Services • South Windsor, CT • Deal

MGP Ingredients to acquire Penelope Bourbon, a producer of bourbon whiskey.

Beverages • Rumson, NJ • Deal

EasyKnock acquires Ribbon, a provider of a real estate platform designed to aid to buy a new home before selling the existing property.

PropTech • New York, NY • Deal

Court Square Capital Partners invests in Team Select Home, a home health care agency.

Home Health • Phoenix, AZ • Deal