After data breach, $10B-valued startup Mercor is having a month; Scalvy raises $13.9MM Series A from Silicon Badia

Daily list of private company financial insights

April 13, 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

EnerVenue, a company that commercializes energy storage systems, raises $300MM Series B from Full Vision Capital.

Renewable Energy (1,746) • Fremont, CA • Post Money Valuation

 

TENEX.AI, a company that develops an AI-enabled cybersecurity platform intended to deliver comprehensive security services, raises $250MM Series B from Crosspoint Capital Partners.

Cyber Security (3,180) • Sarasota, FL • Post Money Valuation

 

Stipple Bio, a biotechnology company harnessing epitope-level precision to create targeted cancer therapies through our proprietary Pointillist Platform, which is designed to identify tumor-specific cell surface epitopes with greater precision, raises $100MM Series A from RA Capital Management, LLC.

Biotechnology (5,650) • Cambridge, MA • Post Money Valuation

 

Beacon Biosignals, a developer of an AI platform for brain data that enables and accelerates new treatments that transform the lives of patients with neurological and psychiatric diseases, raises $11MM Series B from JSL Health.

Neuroscience (183) • Boston, MA • Post Money Valuation

 

Coastal Measures, a company that developed an AI platform for coastal and ocean data, raises $1.2MM Equity Funding from Undisclosed Investors.

Software (28,008) • Kittery, ME • Post Money Valuation

 

Modus Audit, a company that developed AI-native platform for accounting firms, raises $85MM Seed from Lightspeed Venture Partners.

Artificial Intelligence (6,668) • New York, NY • Post Money Valuation

 

Hermeus, a company that develops a hypersonic aircraft designed to accelerate air travel, raises $200MM Series C from Khosla Ventures.

Aircraft (2,043) • Atlanta, GA • Post Money Valuation

 

Sift Stack, a company that offers transformative tools for machine creators to innovate at speed and scale, raises $42MM Series B from StepStone.

Software (28,008) • El Segundo, CA • Post-Money Valuation

 

Notch, a firm that offers insurance services intended for the protection of digital assets, raises $30MM Series A from Headline.

Fintech (3,444) • New York, NY • Post-Money Valuation

 

Tripo AI, a firm that develops an AI-powered 3D Modeling platform designed to generate 3D models with text or images, raises $50MM Equity Funding from Baidu Ventures.

SaaS (7,202) • San Francisco, CA • Post-Money Valuation

Miraterra Technologies, a firm that develops a soil technology platform designed to democratize soil measurement and insight, raises C$16MM Equity Funding from At One Ventures.

AgTech (220) • Vancouver, Canada

 

Navi AI, a platform developer that builds AI infrastructure for aviation, raises $6MM Equity Funding from U.S. Department of Defense.

Artificial Intelligence (6,668) • San Francisco, CA • Post-Money Valuation

 

Applied Atomics, a firm that develops and operates nuclear power plants for industrial infrastructure customers requiring long-duration, carbon-free energy, raises $8.3MM Equity Funding from Morpheus Ventures.

CleanTech (481) • Anchorage, AK • Post-Money Valuation

 

VectorWave, a firm that develops electromagnetic spectrum platform intended to facilitate spectrum access and coexistence, raises $2.5MM Seed from Coalition Ventures.

Telecommunications (5,989) • Waltham, MA • Post-Money Valuation

 

PPL, a firm that operates professional padel league, raises $15MM Series A from Rick Schnall.

Professional Sports (163) • Dover, DE • Post-Money Valuation

 

M1X Global, a firm that develops blockchain-based capital markets infrastructure designed to support sovereign and institutional use of digital assets, raises $3MM Angel Funding from Balaji Srinivasan.

Cryptocurrency (987) • New York, NY • Post-Money Valuation

 

Variance, a company that builds and deploys custom AI agents that investigate compliance cases end to end, from alert to decision in minutes, raises $21.5MM Series A from Ten Eleven Ventures.

Developer Tools (677) • San Francisco, CA • Post-Money Valuation

 

Jimini Health, a company that offers mental health care through telehealth appointments and text messaging, raises $17MM Seed from M13.

Mental Health (3,134) • Stanford, CA • Post-Money Valuation

 

Uplift Investors acquires IMS Legal Strategies, a firm that provides litigation consulting and expert witness services intended to support law firms and corporations in complex dispute resolution.

Business Litigation (8) • Pensacola, FL • Deal

 

Enlyte Group acquires Partstrader, a firm that operates a cloud-based digital marketplace and software platform that serves the automotive collision repair industry.

Marketplace (1,825) • Chicago, IL • Deal

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