Lucid Motors’ new CEO cuts 18% of staff; Atom raises $100MM Series C from Third Point Ventures

Daily list of private company financial insights

June 23, 2026

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

Conduct AI, a company that developed AI operating system for enterprise software raises $60M Series A from Index Ventures.

Operating Systems (104) • London, United Kingdom

 

Probably, a firm that develops local-first data analysis agent designed to generate deterministically verified answers from structured data sources without hallucination, raises $9MM Seed from Andreessen Horowitz.

Big Data (2,646) • San Francisco, CA • Post-Money Valuation

 

Gradial, a company provides a platform that utilizes agentic artificial intelligence to automate and manage enterprise marketing operations and content supply chains, raises $65MM Series C from Insight Partners.

Content Management (976) • Seattle, WA • Post-Money Valuation

 

Verse, a company that provides software platform that leverages generative AI to help organizations to buy and manage clean power, raises $54MM Series B from Bessemer Venture Partners.

CleanTech (582) • San Francisco, CA • Post-Money Valuation

 

Arcade AI, a firm that helps AI agents securely take real-world actions on behalf of a user, raises $60MM Series A from SYN Ventures.

Automation (3,812) • San Francisco, CA • Post-Money Valuation

 

Intellectible, a company that developed an AI platform for complex services at enterprise scale, raises $3MM Seed from Bread & Butter Ventures.

Enterprise Software (6,540) • Austin, TX • Post-Money Valuation

 

HeyMilo AI, a company that develops an AI-powered candidate screening platform that enables organizations to screen, interview, and evaluate candidates, raises $6MM Equity Funding from Category Ventures.

Generative AI (510) • New York, NY • Post-Money Valuation

 

Architect Labs, a company that develops AI systems for chip design and compute infrastructure, enabling the discovery and generation of optimized semiconductor architectures for AI workloads, raises $24MM Seed from Kindred Ventures.

Artificial Intelligence (7,857) • Standard, CA • Post-Money Valuation

 

Channel Robotics, a company that develops handheld AI-enabled robotic systems for endoscopic surgery, enabling surgeons to perform minimally invasive procedures with greater precision, dexterity, and control, raises $2.5MM Seed from True Ventures.

Medical Devices (2,251) • Del Mar, CA • Post-Money Valuation

 

Kinomatic, a company that develops AI-powered surgical planning technology that uses 3D modeling and virtual reality simulations to enable personalized joint replacement procedures and improve orthopedic outcomes, raises $4MM Seed from Waterline Ventures.

Virtual Reality (692) • Arroyo Grande, CA • Post-Money Valuation

Ralo, a company that provides an AI-powered mortgage platform that helps homebuyers compare lender offers, automate paperwork, and secure lower rates and fees through transparent pricing and negotiation, raises $2.9MM Seed from Y Combinator.

Mortgages (2,624) • New York, NY • Post-Money Valuation

 

BoolSi, a company that develops AI-powered hardware design and verification tools that enable engineers to generate, simulate, and validate semiconductor chips as easily as software, raises $6MM Seed from Fine Structure Ventures.

Technology Hardware (2,726) • Boston, MA • Post-Money Valuation

 

Karta, a company that offers US credit card solution for Latin American residents with US assets, raises $15MM Series A from Galaxy Ventures.

Credit Cards (452) • Miami, FL • Post-Money Valuation

 

Hyperlight, a producer of thin-film lithium niobate photonic integrated circuit solutions, raises $80MM Series C from MediaTek.

Computer Peripherals (689) • Cambridge, MA • Post-Money Valuation

 

Baseten, a company that builds developer tools to help incorporate machine learning into business operations, raises $1.5BN Equity Funding from Altimeter Capital.

Data Management (1,852) • San Francisco, CA • Post-Money Valuation

 

June Health, a firm that develops a women's health support services platform designed to improve access to specialized midlife care, raises $2.4MM Equity Funding from Securian Canada.

Femtech (21) • New York, NY • Post-Money Valuation

 

NaukNauk, a firm that develops an artificial intelligence-powered animation application designed for toy collectors and hobbyists, raises $20MM Equity Funding from Undisclosed Investors.

Artificial Intelligence (7,857) • Dover, DE • Post-Money Valuation

 

GitHits, a firm that offers solutions that give coding agents access to the open-source code, raises $1.8MM Pre-Seed from Vendep Capital.

Open Source (376) • Wilmington, DE • Post-Money Valuation

 

KLIPY, a provider of an API platform for expressive media, raises $3.8MM Equity Funding from Google AI Futures Fund.

SaaS (8,033) • San Francisco, CA • Post-Money Valuation

 

Elasticsearch acquires Deductive AI, a company that builds AI-powered SRE (Site Reliability Engineering) agents to automatically investigate, diagnose, and resolve software incidents by reasoning across code, telemetry, and system logs.

Analysis (144) • Mountain View, CA • Deal

Website
Twitter
LinkedIn
Not a subscriber yet? Sign up here!
Have an interesting topic you want us to include? Let us know!