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ChatGPT probably won't help create biological weapons, OpenAI says

ChatGPT probably won't help create biological weapons, OpenAI says
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 2, 2024

What We're Reading

Trending Companies


Digs, a company that develops web-based software designed to store and manage documents, raises $7MM Seed from Legacy Capital Ventures.

Document Management • Vancouver, WA • Post-Money Valuation


TextQL, a company that develops virtual data analysis platform, raises $4.1MM Seed from DCM.

Analytics • San Francisco, CA • Post-Money Valuation


GreenSpark, a company that develops workflow management software designed to help the scrap yards industry, raises $9.4MM Equity Funding from Third Prime Capital.

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


Restoration Forest Products, a company that manufactures forestry and wood products, raises $95MM Equity Funding from Invesco.

Paper • Mesa, AZ • Post-Money Valuation


Boston Metal, a metal technology company that commercializes molten oxide electrolysis (MOE) for high-volume steel production, raises $20MM Series C-2 from Marunouchi Innovation Partner.

Metals • Woburn, MA • Post-Money Valuation


RagaAI, a developer of an AI testing platform that helps enterprises mitigate AI risks and make their models secure and reliable, raises $4.7MM Equity Funding from Pi Ventures.

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


Proof Technology, a company developer of a mobile application designed to deliver time-sensitive legal documents, raises $30.4MM Series B from Long Ridge Equity Partners.

Software • Denver, CO • Post-Money Valuation


Mesh, a company that provides a financial operating system that enables digital asset transfers and account aggregation, raises $6.5MM Equity Funding from PayPal Ventures.

Fintech • San Francisco, CA • Post-Money Valuation, a company that specializes in building tools that transform how knowledge workers collaborate with AI, raises $30.5MM Equity Funding from Benchmark.

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


Infinite Roots, a biotech company using fermentation and fungi to create the next generation of sustainable alternative proteins, raises $58MM Series B from Dr. Hans Riegel Holding.

Biotechnology • Hamburg, Germany



Saco Foods acquires Solo Foods, a firm that manufactures food ingredients and retail-ready food products.

Seasonings & Condiments • La Grange, IL • Deal


Convenient Brands acquires Web-Est, a company that develops an online auto collision estimating program.

Collision Repair • Oldsmar, FL • Deal


Bending Spoons acquires Meetup, a online network of local groups.

Networking • New York, NY • Deal


Webster completes acquisition of Ametros, a company that provides post-settlement medical administration solutions.

Investment Management • Wilmington, MA • Deal


The Motion Agency acquires 2.718 Marketing, a advertising and media production agency.

Advertising • Chicago, IL • Deal


Prosek Partners invests in Becca PR, a creative communications agency that provides lifestyle PR and digital media services.

Digital Media • New York, NY • Deal


DFW Capital Partners invests in Harris CPAs, an accounting firm.

Accounting • Meridian, ID • Deal


Risk Strategies acquires Professional Risk Associates, a healthcare insurance agency helping medical professionals manage a wide range of risks and liabilities.

Health Care • Midlothian, VA • Deal


Arsenal Capital Partners invests in Polycorp, a elastomeric part design and manufacturing company.

Rubber • Ontario, Canada


Ankura acquires Lumeri, a provider of strategy and transformation consulting services to businesses.

Consulting • Denver, CO • Deal

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