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Microsoft hires ex-OpenAI leaders Altman and Brockman to lead new AI group

Microsoft hires ex-OpenAI leaders Altman and Brockman to lead new AI group
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
November 21, 2023

What We're Reading

Trending Companies


Fractl, a company that develops software for application development, raises $1.025MM Seed from Westwave Capital.

Developer Tools • Cupertino, CA • Post-Money Valuation


Radiant Security, a company that develops software for cyber security, raises $15MM Series A from Siemens Next47.

Cyber Security • Milpitas, CA • Post-Money Valuation


Nouscom, a clinical stage immuno-oncology company developing off-the-shelf and personalized cancer immunotherapies, raises €67.5MM from Andera Partners.

Biotechnology • Basel, Switzerland


Zip Security, a company that develops security and compliance platform, raises $7.7MM Equity Funding from General Catalyst Partners.

Cyber Security • New York, NY • Post-Money Valuation


MBrace Therapeutics, a biopharmaceutical company devoted to improving the lives of cancer patients through the development of antibody-drug conjugates (ADCs), raises $85MM from TPG Capital LP.

Biopharmaceuticals • San Diego, CA • Post-Money Valuation


Keychain, a company that develops an AI-based manufacturing platform, raises $18MM Seed from Lightspeed Venture Partners.

Industrial Automation • New York, NY • Post-Money Valuation


BeMe Health, a company that develops a mobile platform dedicated to improving mental health and emotional well-being for today's teens, raises $1.5MM Equity Funding from Flare Capital Partners.

Mental Health • Miami Beach, FL • Post-Money Valuation


Cyble, a company that enables enterprises to protect themselves from cybercrimes and exposure in the darkweb, raises $6.2 MM Series B from Summit Peak Ventures.

Cyber Security • Alpharetta, GA • Post-Money Valuation


Apiture, a company that provides digital banking services, raises $10MM Equity Funding from T. Rowe Price Associates.

Fintech • Wilmington, NC • Post-Money Valuation


Offerfit, a company that develops an automated experimentation platform, raises $25MM Series B from Menlo Ventures.

Artificial Intelligence • Boston, MA • Post-Money Valuation




RADICL Defense, a company that provides critical infrastructure Xtended Threat Protection (XTP), raises $9MM Equity Funding from Paladin Capital Group.

Cyber Security • Boulder, CO • Post-Money Valuation


Element Energy, an advanced battery management technology company, raises $111MM Series B from Cohort Ventures.

Batteries • Menlo Park, CA • Post-Money Valuation


Tenet Energy, a company that develops a financial system that unlocks an EV's value to create substantial savings over time and drives accelerated adoption of zero-emission home technologies, raises $10MM Series A from Nyca Partners.

Finance • New York, NY • Post Evaluation


Urbanic, a company that retails female apparel, raises $150MM Series C from Mirabaud Lifestyle Impact & Innovation Fund.

Women Clothing • London, United Kingdom


Altr, a company that develops an¯automated data access governance and data security solution, raises $25MM Series C from John Stafford III.

Cyber Security • Melbourne, FL • Post-Money Valuation


CytoVale, a company that develops biophysical markers intended to revolutionize diagnostics using cell mechanics and machine learning, raises $84MM Series C from Norwest Venture Partners.

Biotechnology • San Francisco, CA • Post-Money Valuation


Kinto, a company that operates a platform for financial services, raises $3.5MM Seed from Kyber Capital Crypto.

Blockchain • Orlando, FL • Post-Money Valuation


Bowman acquires High Mesa Consulting, a company that provides surveying, subsurface utility consultation, civil engineering and planning services.

Engineering • Albuquerque, NM • Deal


BAXUS acquires BoozApp, a company that develops an application that allows consumers to compare retailers and consumers for price comparison.

Apps • Ann Arbor, MI • Deal


Fox Factory completes the acquisition of Marucci Sports, a company that manufactures aluminum bats, fielding gloves, apparel and other accessories, as well as a Fastpitch Softball product line.

Sports • Baton Rouge, LA • Deal

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