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OpenAI gives board veto power on risky AI

OpenAI gives board veto power on risky AI
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 20, 2023

What We're Reading

Trending Companies


Laza Medical, a developer of artificial intelligence-enabled, robotic imaging solutions for cardiovascular interventions, raises $36MM Series A from The Capital Partnership.

Artificial Intelligence • Campbell, CA • Post-Money Valuation


Dimensional Energy, a company that provides market-ready hydrocarbons from carbon dioxide, an alternative to the fossil-carbon fuels and product precursors made from oil and natural gas, raises $20MM Series A from Envisioning Partners.

Renewable Energy • Ithaca, NY • Post-Money Valuation


Molecular Loop Biosciences, a company that provides DNA sequencing, receives a $1.8MM Grant from Bill & Melinda Gates Foundation.

Life Sciences • Woburn, MA • Post-Money Valuation


Verve Motion, a company that develops nonrestrictive apparel for workers to ensure workplace safety and comfort, raises $20MM Series B from Safar Partners.

Personal Protective Equipment • Cambridge, MA • Post-Money Valuation


Essential, a company that works in building partnerships between humans and computers, raises $56.5MM Series A from March Capital Partners.

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


Xeol, a company that develops security for software supply chain, raises $3.2MM Seed from Shield Capital.

Security • New York, NY • Post-Money Valuation


Twin Health, a company that develops health platform for diabetic patients, raises $50MM Series D from Temasek Holdings.

Diabetes • Mountain View, CA • Post-Money Valuation


Bulldog Factory Automation acquires Spectrum Automation, a provider of equipment for parts feeding and material handling.

Equipment • Livonia, MI • Deal


Asbury Automotive Group completes the acquisition of Jim Koons Automotive, an automobile dealership group.

Automotive • Vienna, VA • Deal


Energy Growth Momentum invests in Powerside, a company that manufactures and provides power monitoring, analysis, and power quality services.

Semiconductors • Alameda, CA • Deal



Sixth Street Partners acquires StayNTouch, a company that develops a hotel property management system.

Hotel Management • Bethesda, MD • Deal


Valcourt Group acquires Awnclean USA company that provides commercial cleaning services.

Cleaning • Tampa, FL • Deal


Ncontracts acquires Quantivate, a company that develops governance, risk and compliance software.

Risk Management • Bothell, WA • Deal


EXA Capital acquires Prista, a company that develops clinical intelligence applications.

Apps • Austin, TX • Deal


Oliver Wyman acquires Seatec Consulting, a company that provides technology and business consulting services.

Consulting • Atlanta, GA • Deal


Formstack acquires Formsite, a company that builds professional online forms and surveys.

Surveys • Downers Grove, IL • Deal


Kigo acquires Entertainment, a company that offers regular coupons, special promotions, and other savings discounts.

Promotion • Troy, MI • Deal


Accel-KKR acquires Ntracts, a company that develops software for contract management services.

Document Management • Chattanooga, TN • Deal


Rubelmann Capital acquires John A. Van Den Bosch, a company that manufactures pet products.

Pet Products • Holland, MI • Deal


Job Mobz acquires Golden Hive, a company that provides executive search and tech recruitment services.

Recruitment • Rancho Cordova, CA • Deal

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