Amazon says it is laying off 16,000 employees; Overworld raises $4.5MM Pre-Seed from Kindred Ventures

Daily list of private company financial insights

January 29, 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

Float Financial, a software developer that provides an all-in-one corporate card & spend management solution, raises $100MM Debt Funding from Silicon Valley Bank.

Expense Management (133) • Toronto, Canada

 

Upscale AI, a company that provides next-generation networking for inference and training GenAI workloads, raises $200MM Series A from Tiger Global Management.

Generative AI (340) • Santa Clara, CA • Post-Money Valuation

 

Blockit, a company that provides an AI-powered scheduling assistant, raises $5MM Seed from Sequoia Capital.

Scheduling (371) • San Francisco, CA • Post-Money Valuation

 

LiveKit, a company that develops an online video conferencing and streaming platform, raises $100MM Series C from Index Ventures.

Streaming (684) • San Jose, CA • Post-Money Valuation

 

Inferact, a company that aims to grow vLLM as the world's AI inference engine and accelerate AI progress by making inference cheaper and faster, raises $150MM Seed from Andreessen Horowitz.

Artificial Intelligence (6,415) • San Francisco, CA • Post-Money Valuation

 

Neurophos, a company that delivers computational power of the human brain to artificial intelligence, raises $110MM Series A from Gates Frontier.

Technology Hardware (2,592) • Austin, TX • Post-Money Valuation

 

Zipline, a truck and rail transport company, raises $600MM Equity Funding from Fidelity Investments.

Drones (337) • San Francisco, CA • Post-Money Valuation

 

Cambio AI, a company that develops an AI-powered commercial real estate operations platform, raises $18MM Series A from Maverick Ventures.

PropTech (145) • New York, NY • Post-Money Valuation

 

Playad, a company that develops an AI platform reimagining the entire marketing workflow, raises $5.4MM Seed from BRV Capital Management.

Marketing (18,733) • San Francisco, CA • Post-Money Valuation

 

Mia Labs, a company that develops AI for automotive dealerships, raises $20MM Series A from Permanent Capital Ventures.

Automotive (34,779) • Austin, TX • Post-Money Valuation

Mendra, a company that develops therapeutics for rare disease enabled by AI, raises $82MM Series A from OrbiMed Advisors.

Therapeutics (1,468) • San Francisco, CA • Post-Money Valuation

 

Fortitude Biomedicines, a biopharmaceutical company focused on immune cell targeting biologics and molecular glue payload-enabled antibody-drug conjugates (ADCs), raises $13MM Seed from K2 Bio Partners.

Biopharmaceuticals (770) • Waltham, MA • Post-Money Valuation

 

Visitt, a company that develops a facility management platform, raises $22MM Series B from Susquehanna Growth Equity.

Real Estate Technology (271) • New York, NY • Post-Money Valuation

 

Upwind, a provider of cybersecurity solutions intended to protect and democratize internet security, raises $250MM Series B from Bessemer Venture Partners.

Cyber Security (3,140) • San Francisco, CA • Post-Money Valuation

 

Tradespace, a company that develops intellectual property (IP) software designed to buy, sell and license IP, raises $15MM Series A from AVP.

Intellectual Property (214) • San Francisco, CA • Post-Money Valuation

 

Ricursive, a company that develops an AI-driven semiconductor design platform, raises $300MM Series A from Lightspeed Venture Partners.

Semiconductors (1,396) • Palo Alto, CA • Post-Money Valuation

 

Grid Aero, a developer of autonomous systems designed to address challenges in both defense and commercial aviation sectors, raises $20MM Series A from Geodesic CapitalLead.

Autonomous Vehicles (368) • San Leandro, CA • Post-Money Valuation

 

Zocks, a firm that develops intelligent communications platform, raises $45MM Series B from Lightspeed Venture Partners.

Workflow Management (580) • San Francisco, CA • Post-Money Valuation

 

GlassPoint, a firm that offers solar industrial processes such as decarbonizing industrial heat, raises $20MM Equity Funding from New Investment Solutions.

CleanTech (463) • New York, NY • Post-Money Valuation

 

Leidos intends to acquire ENTRUST Solutions, a company that provides engineering and design, consulting, automation, integrity, and GIS/data analytic services.

Data Management (1,519) • Warrenville, IL • Deal

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