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Elon Musk-led-team submits $97.4B bid for OpenAI

Elon Musk-led-team submits $97.4B bid for OpenAI
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
February 11, 2025

What We're Reading

Trending Companies

 

Advancell, a clinical stage radiopharmaceutical firm that develops alpha therapies for cancer patients, raises $112MM Series C from SV Health Investors.

Drug Research • Sydney, Australia

 

INFI USA, a cloud-based platform developer that provides features, including self-ordering kiosks, online ordering, order management, and loyalty programs, allowing restaurants to improve customer service, increase sales, and reduce costs, raises $12MM Series A from MK Capital.

Cloud • Chicago, IL • Post-Money Valuation

 

Monograph, a firm that provides of a project management software for architecture and engineering, raises $20MM Series B from Base10 Partners.

Collaboration • San Francisco, CA • Post-Money Valuation

 

AtomBeam, a firm that develops Data-as-Codewords technology, raises $20MM Series A from Start Engine.

Artificial Intelligence • Moraga, CA • Post-Money Valuation

 

Archive Resale, a company that develops a peer-to-peer marketplace designed to buy and sell secondhand items from brands, raises $30MM Series B from Energize Capital.

E-Commerce • Los Altos, CA • Post-Money Valuation

 

Invary, a company that developed Zero Trust for operating systems, removing dangerous assumptions about their runtime integrity and detecting previously hidden malware, raises $3.5MM Seed from Flyover Capital.

Cloud • Lawrence, KS • Post-Money Valuation

 

Affineon Health, a firm that specializes in AI-powered solutions to streamline the inbox for healthcare physicians and providers, raises $5MM Equity Funding from Undisclosed Investors.

Artificial Intelligence • Denver, CO • Post-Money Valuation

 

Vetigenics, a clinical-stage animal health biotechnology firm, raises $6MM Seed from Undisclosed Investors.

Drug Research • Philadelphia, PA • Post-Money Valuation

 

Molina Healthcare acquires ConnectiCare, a company that provides managed care services.

Assisted Living • Farmington, CT • Deal

 

Ryan Specialty acquires Velocity Risk, a company that provides E&S specialty property insurance solutions.

Insurance • Nashville, TN • Deal

 

CIVC Partners acquires Strategus, an advertising agency intended to provide audience-targeted ads on internet-connected devices.

Digital Advertising • Englewood, CO • Deal

 

Allegion acquires Next Door Company, a company that manufactures stainless steel doors and frames.

Windows & Doors • Hialeah, FL • Deal

 

Parsons acquires TRS Group, an environmental contractor.

Environmental Services • Indianapolis, IN • Deal

 

Jabil acquires Pharmaceutics International, a company that provides contract development and manufacturing services.

Contract Manufacturing • Hunt Valley, MD • Deal

 

CarbonBuilt acquires Jolley Concrete and Block, a firm that offers masonry, retaining wall, and paver products.

Building Products • Danielson, CT • Deal

 

Trueblue acquires Healthcare Staffing Professionals, a staffing solutions provider primarily focused on healthcare positions including nursing, allied health, behavioral health, and various research, IT and administrative roles.

Staffing • Reseda, CA • Deal

 

Veritext acquires Resolute Systems, a firm that provides mediation, arbitration, ADR training, and consulting services.

Law Enforcement • Milwaukee, WI • Deal

 

EMCOR Group acquires Miller Electric Company, an electrical contractor that offers construction and maintenance services.

Engineering • Jacksonville, FL • Deal

 

Godspeed Capital invests in InSite Engineering, a full-service engineering and design firm that delivers critical solutions for water and wastewater systems, PFAS remediation, municipal and transportation projects, and civil engineering services.

General Contractor • Birmingham, AL • Deal

 

Outbrain acquires Teads, a global media platform that delivers full-funnel, outcome-oriented advertising powered by cutting-edge creative technology (Teads Studio) and AI-driven optimization.

AdTech • New York, NY • Deal

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