Tesla dodges 30-day suspension in California after removing ‘Autopilot’; Reco raises $30MM Series B from Zeev Ventures

Daily list of private company financial insights

February 19, 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

Lightworks, a firm that provides enterprise services intended to execute mission-critical AI deployments and scale complex migrations, raises $12MM Equity Funding from Round13 Capital.

Artificial Intelligence (6,499) • Toronto, Canada

 

Project Omega, a company that develops advanced nuclear recycling technology, raises $12MM Seed/Angel from Starship Ventures.

Nuclear (79) • Washington, DC • Post Money Valuation

 

Sante Technologies, a company that developed point-of-sale platforms for liquor stores, raises $7.6MM Equity Funding from Bonfire Ventures.

Point of Sale (329) • New York, NY • Post Money Valuation

 

Levee Medical, a company that develops urological devices designed to improve recovery outcomes post-prostatectomy, raises $12MM Equity Funding from Undisclosed Investors.

Urology (18) • Durham, NC • Post-Money Valuation

 

Simile AI, a company that developed a simulation platform for human behavior, raises $100MM Series A from Index Ventures.

Simulation (175) • Palo Alto, CA • Post Money Valuation

 

Flapping Airplanes, a company that conducts foundational artificial intelligence research focused on making AI models dramatically more data-efficient and enabling next-generation machine learning breakthroughs, raises $180MM Seed from GV.

Research (1,288) • San Francisco, CA • Post Money Valuation

 

Utility Global, an off-gas-to-value company that reduces emissions and improves energy efficiency through clean energy generation systems, raises $100MM Series D from Ara Partners.

Climatetech (188) • Houston, TX • Post-Money Valuation

 

Temporal Technologies, a provider of an open-source developer platform designed to build and operate resilient applications, raises $300MM Series D from Andreessen Horowitz.

Developer Tools (677) • Bellevue, WA • Post-Money Valuation

 

ChipAgents, a company that developed an agentic AI platform for semiconductor engineering, raises $50MM Series A-1 from Matter Venture Partners.

Artificial Intelligence (6,499) • Alviso, CA • Post-Money Valuation

 

Render Services, a company that provides a devops cloud platform for AI agents and full-stack applications, raises $100MM Series C from Georgian Partners Capital.

DevOps (41) • San Francisco, CA • Post-Money Valuation

Axiom Space, a human spaceflight services company, providing countries, companies and individuals access to the International Space Station (ISS), raises $350MM Equity Funding from Qatar Investment Authority.

Space (173) • Houston, TX • Post-Money Valuation

 

Korsana Biosciences, a biopharmaceutical company advancing a pipeline of potential best-in-class therapies for neurodegenerative diseases, raises $25MM Seed from Fairmount.

Drug Research (993) • Waltham, MA • Post-Money Valuation

 

World Labs Technologies, a spatial intelligence company building Large World Models (LWMs) to perceive, generate, and interact with the 3D world, raises $1BN Equity Funding from Advanced Micro Devices.

3D (480) • San Francisco, CA • Post-Money Valuation

 

Vestwell, a company that provides a comprehensive suite of workplace savings solutions, including retirement plans, student loan repayment benefits, and specialized accounts for education, emergencies, and disability savings, raises $385MM Series E from  Blue Owl Capital.

Retirement (800) • New York, NY • Post-Money Valuation

 

QuadSci, a firm that operates an artificial intelligence-powered analytics platform intended to deliver prescriptive insights and drive automated, contextualized product experiences, raises $8MM Series A from Crosslink Capital.

Revenue Cycle Management (351) • Garden City, NY • Post-Money Valuation

 

Sphinx, a firm that develops an AI-powered compliance management platform specifically designed to automate and streamline know-your-customer processes within fintech companies, raises $7.1MM Seed from Y Combinator.

Compliance (1,691) • San Francisco, CA • Post-Money Valuation

 

GelMEDIX, a firm that develops a light-activated biomaterial platform designed to bring innovation in ocular and regenerative therapies, raises $13MM Seed from Safar Partners.

Life Sciences (1,135) • Cambridge, MA • Post-Money Valuation

 

Realta Fusion, a developer of a low-cost and least complex fusion energy technology for the production of industrial heat and power, raises $9.5MM Equity Funding from Silicon Valley Bank.

Energy (2,684) • Madison, WI • Post-Money Valuation

 

Worldwide Clinical Trials acquires Catalyst Clinical Research, a company that provides contract research staffing and managing services to biotechnology, pharmaceutical and medical device companies for clinical trial needs.

Clinical Trials (303) • Wilmington, NC • Deal

 

Booz Allen Hamilton intends to acquire Defy Security, a firm that provides cybersecurity technology services intended to serve financial institutions, healthcare organizations, manufacturers and retail outlets.

IT Consulting (18,002) • Canonsburg, PA • Deal

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