Slate crosses 150,000 reservations despite waning EV truck enthusiasm; Impulse Dynamics raises $158MM Equity Funding from Fred Alger Management

Daily list of private company financial insights

December 17, 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

PolyAI, a company that builds enterprise conversational assistants that carry on natural conversations with customers to solve their problems, raises $86MM Series D from Khosla Ventures.

Voice Assistant (85) • London, United Kingdom

 

Navier AI, a firm that develops an AI-design and simulation software designed to accelerate computational fluid dynamics simulations, raises $5.6MM Seed from GV.

Simulation (170) • San Francisco, CA • Post-Money Valuation

 

Octane Lending, a company that offers instant financing for large recreational purchases such as motorcycles, ATVs, and zero-turn lawnmowers, raises $100MM Series F from Valar Ventures.

Loans (3,913) • New York, NY • Post-Money Valuation

 

Axion Ray, a company that develops an engineering program and quality management powered by an AI optimization system, raises $37MM Series B from Salesforce Ventures.

Optimization (685) • New Castle, DE • Post-Money Valuation

 

Link Cell Therapies, a firm that develops cell therapies designed to help doctors detect solid cancer tumors, raises $60MM Series A from Johnson & Johnson Innovation.

Therapeutics (1,453) • South San Francisco, CA • Post-Money Valuation

 

Chai Discovery, a firm that develops an AI-based molecular interactions platform designed for molecular structure prediction that performs state-of-the-art across tasks relevant to drug discovery, raises $130MM Series B from Oak HC/FT.

Artificial Intelligence (6,328) • San Francisco, CA • Post-Money Valuation

 

Unconventional AI, an operator of an artificial intelligence-focused hardware startup intended to reinvent computer architecture for efficient and scalable artificial intelligence processing, raises $475MM Seed from Andreessen Horowitz.

Computer Peripherals (679) • Thermal, CA • Post-Money Valuation

 

System, a firm that develops an artificial intelligence-powered platform designed to model the world as an interconnected system, receives $6.5MM Award from Wellcome.

Big Data (2,466) • New York, NY • Post-Money Valuation

 

Attivare Therapeutics, a firm that develops innovative immuno-therapeutics designed to treat tumors with low immunogenicity, receives $6.6MM Grants from the Gates Foundation.

Drug Research (973) • Natick, MA • Post-Money Valuation

 

Berkshire Partners acquires United Flow Technologies, an integrated platform focused on delivering products and technical solutions to water environment professionals, including sophisticated engineers and operators in the water and wastewater industry.

Water Treatment (1,357) • Irving, TX • Deal

HNI acquires Steelcase, a firm that provides a portfolio of furniture and architectural products and services.

Furniture (6,032) • Grand Rapids, MI • Deal

 

Veeam Software completes acquisition of Securiti, a company offering an AI-Powered data security, privacy and compliance for multi-cloud and self-managed systems.

Cyber Security (3,122) • San Jose, CA • Deal

 

Littelfuse completes acquisition of Basler Electric, an electronic manufacturing firm that offers power systems products, transformers, regulators, protection and control devices, generator controls, and static excitation control systems.

Controls (8) • Highland, IL • Deal

 

Weinberg Capital acquires PVHT, a specialty heat-treating firm that serves the aerospace and defense, industrial, and automotive end markets.

Heat Treating (241) • Pinson, AL • Deal

 

Creative Planning acquires Marshall Financial, a firm that operates a registered investment advisor (RIA) intended for retirement, financial independence, and growing wealth.

Investment Management (7,848) • Doylestown, PA • Deal

 

Workwise Compliance acquires Bizhaven, a firm that offers human resource safety compliance services intended to help clients stay up-to-date with both state and federal law to effectively run their business and better protect themselves.

Regulatory Compliance (34) • Sacramento, CA • Deal

 

Mirum Pharmaceuticals intends to acquire Bluejay Therapeutics, a company developing innovative cures for infectious diseases with the first target indication of chronic HBV infection.

Biotechnology (5,626) • San Mateo, CA • Deal

 

Bowman Consulting acquires RPT Alliance, a company that offers expertise in engineering and project execution services within the field of renewables and energy infrastructure.

Oil & Gas Services (2,570) • Houston, TX • Deal

 

Andersen acquires Bright Wood, a wood products manufacturing company that specializes in supplying the window and door industry.

Millwork & Mouldings (595) • Madras, OR • Deal

 

Enceladus Partners acquires Smith Excavating, a firm that offers utility and infrastructure maintenance services intended for right-of-way management and site support purposes.

Civil Engineering (6,656) • Mocksville, NC • Deal

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