Trump drops restrictions on Anthropic’s Mythos and Fable models; Trase AI raises $107MM Seed from ARCH Venture Partners

Daily list of private company financial insights

July 2, 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

Partly Group Limited, a developer of a foundational AI model for the auto parts industry. Partly Group Limited was founded in 2019 by Levi Fawcett, raises $50MM Series B from DST Global.

Software Development (12,758) • Austin, TX • Post Money Valuation

 

Patronus AI, a developer of an automated evaluation platform, specifically focused on tackling Large Language Models (LLMs) failures at scale, raises $50MM Series B from Greenfield Partners, L.L.C.

Software (29,276) • New York, NY • Post Money Valuation

 

Upside, a company that provides a housing stability platform that helps health plans and employers identify, coordinate, and resolve housing challenges for members through human-led case management supported by AI, raises $20MM Series A from Aquiline Capital Partners.

Information Technology (15,152) • Fort Lauderdale, FL • Post Money Valuation

 

Seltz, a company that provides a web knowledge API that delivers real-time, context-engineered web data optimized for AI agents, large language models, and retrieval-augmented generation (RAG) applications, raises $12.5MM Seed from Speedinvest.

API (690) • San Francisco, CA • Post Money Valuation

 

AIVA Solutions, a company that developed an AI platform that helps hotels anticipate guest needs, optimize resources, and drive revenue autonomously, raises $1.5MM Equity Funding from 645 Ventures.

Artificial Intelligence (7,892) • New York, NY • Post Money Valuation

Caplight, a company that operates a marketplace intended for facilitating derivative transactions in private company stock, raises $16MM Series A from BlackRock Private Equity Partners.

Fintech (3,779) • San Francisco, CA • Post Money Valuation

 

Engram, a company that develops a learned AI memory layer that enables AI models and agents to retain, compress, and reuse organizational knowledge, making them more efficient, personalized, and context-aware over time, raises $98MM Equity Funding from General Catalyst Partners.

Artificial Intelligence (7,892) • San Francisco, CA • Post Money Valuation

 

Longshot Space Technologies, a company that develops ground-based kinetic launch systems and hypersonic accelerators that enable low-cost cargo delivery to space and affordable hypersonic testing, raises $5MM Equity Funding from South Park Commons.

Aerospace & Defense (3,585) • Emeryville, CA • Post Money Valuation

 

NorthLinks Bio, a clinical-stage biotechnology company developing broad-spectrum prophylactic for respiratory viruses, raises $34MM Equity Funding from RA Capital Management, LLC.

Biotechnology (5,931) • Boston, MA • Post Money Valuation

 

Warburg Pincus acquires Clearwater Analytics, a provider of investment portfolio reporting and analytics.

Investment Management (8,762) • Boise, ID • Deal

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