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Cloud infrastructure saw its biggest revenue growth ever

Cloud infrastructure saw its biggest revenue growth ever
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 5, 2024

What We're Reading

Trending Companies


XREAL, Inc., a company that creates augmented reality glasses, raises $60MM Equity Funding from Undisclosed Investors.

Augmented Reality • Beijing, China


Compa, a job offer management platform, raises $10MM Series A from Storm Ventures.

Talent Management • Fountain Valley, CA • Post-Money Valuation


AcuraStem, a company that develops a precision medicine platform designed to model patient tissues in the laboratory, receives a $7MM Grant from National Institutes of Health.

Drug Research • Monrovia, CA • Post-Money Valuation


Cellanome, a company that develops a multiomics platform for measuring biological events at an unprecedent resolution and scale, raises $150MM Series A from Undisclosed Investors.

Biotechnology • Palo Alto, CA • Post-Money Valuation


Portal, a firm that develops a decentralized financial platform that offers technology for access to Bitcoin and diverse cryptocurrency markets, raises $34MM Seed from Coinbase Ventures.

Fintech • San Francisco, CA • Post-Money Valuation


Inari, an AI-powered predictive design with gene editing to make seeds that address the world's needs for a sustainable and nature-positive food system, raises $130MM Equity Funding from Hanwha Impact.

Sustainability • Cambridge, MA • Post-Money Valuation


Cultivo Land, a company that develops a climate-focused fintech investment platform intended to accelerate investment into nature at scale, raises $14MM Series A from MassMutual Ventures.

Climatetech • Pleasanton, CA • Post-Money Valuation


Anchor Yacht, a company that enables private yacht owners to share unique and customizable yachting experiences, raises $1.8MM Seed from Silverton Partners.

Luxury • Saint Petersburg, FL • Post-Money Valuation


Lyten, a firm that develops lithium-sulfur batteries for a variety of applications, receives a $4MM Grant from US Government - Department of Energy.

Batteries • San Jose, CA • Post-Money Valuation


Codeium, a company that develops a code acceleration toolkit built on cutting edge AI technology, raises $65MM Series B from Kleiner Perkins.

Artificial Intelligence • Mountain View, CA • Post-Money Valuation


Crux Climate, a developer of an ecosystem for developers, tax credit buyers, and financial institutions to transact & manage transferable tax credits, raises $18.2MM Series A from Andreessen Horowitz LLC.

Fintech • Dover, DE • Post-Money Valuation


LoanStar Technologies, a company that develops a consumer loan lending platform designed to simplify the finance processes for merchants, raises $28MM Equity Funding from Sageview Capital.

Fintech • Swarthmore, PA • Post-Money Valuation


Metronome, a company that develops metering and data mediation software for metered billing, raises $43MM Series B from New Enterprise Associates.

Fintech • San Francisco, CA • Post-Money Valuation


Accenture completes the acquisition of Work & Co, a design and technology company that offers digital products.

Technology • Brooklyn, NY • Deal


Summit Partners invests in CollisionRight, a company that provides auto body collision repair services.

Collision Repair • Columbus, OH • Deal


Electronic Merchant Systems acquires PaymentCloud, a company that develops a financial platform intended to offer financial products and services.

Fintech • Encino, CA • Deal


PANOS Holdings acquires Tessemaes, a company that operates a food company intended to provide refrigerated salad dressings.

Seasonings & Condiments • Baltimore, MD • Deal


Enpro completes the acquisition of Advanced Micro Instruments, a company that designs and manufactures gas analyzers.

Electronic Components • Costa Mesa, CA • Deal


Corporate Technologies acquires NuMSP, a firm that offers IT solutions for small and mid-sized businesses.

Small and Medium Businesses • Bloomfield, NJ • Deal


Databricks acquires Einblick, a provider of a natural language data science notebook that purports to allow enterprise users to solve any data problem.

Natural Language Processing (NLP) • Somerville, MA • Deal


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