PrivCo Logo

OpenAI reportedly planning to build its first AI chip in 2026

OpenAI reportedly planning to build its first AI chip in 2026
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 31, 2024

What We're Reading

Trending Companies

Dash.Bio, a clinical bioanalysis platform developer that uses AI and robotics for drug research, raises $6.5MM Seed from Freestyle Capital.

Life Sciences • Boston, MA • Post-Money Valuation

 

Archy, a developer of a dental practice management platform, raises $15MM Series A from Entree Capital.

SaaS • San Jose, CA • Post-Money Valuation

 

Urbint, a company that develops a field risk management platform designed to empower utilities and infrastructure operators to make communities safe and resilient, raises $35MM in Equity Funding from S2G Ventures.

Predictive Analytics • New York, NY • Post-Money Valuation

 

Yoga Joint, a chain of hot yoga and fitness studios, raises $12MM Equity Funding from Undisclosed Investors.

Fitness • Fort Lauderdale, FL • Post-Money Valuation

 

Drumroll, a producer of plant-based, gluten-free and keto-friendly baked goods, raises $3MM Equity Funding from 7 Mile Brands.

Plant-Based • Venice, CA • Post-Money Valuation

 

Pharos, a firm that uses AI to automate the reporting platform of hospital and healthcare industries, raises $5MM Seed from Felicis Ventures.

Automation • San Francisco, CA • Post-Money Valuation

 

PeopleOne Health, a firm that provides primary healthcare services that blends treatment and prevention, raises $32.3MM Series B from GV.

Primary Care • Pittsburgh, PA • Post-Money Valuation

 

Osigu, a company that provides an insurance management platform to process and transfer data, raises $25MM Series A from IDC Ventures.

Platform • Miami, FL • Post-Money Valuation

 

Outrider, a software company that provides a logistics management and automation platform, raises $62MM Series D from New Enterprise Associates.

Artificial Intelligence • Brighton, CO • Post-Money Valuation

 

OncoLens, a company that developed an AI driven oncology care platform that delivers next level multidisciplinary team collaboration, analytics and clinical decision support tools, raises $16MM Series A from BIP Capital.

Analytics • Atlanta, GA • Post-Money Valuation

 

 

Concentric AI, a developer of data sensitivity and risk discovery platform designed to resolve the data security challenges faced by enterprises, raises $45MM Series B from Top Tier Capital Partners.

Big Data • San Jose, CA • Post-Money Valuation

 

Cascade AI, a platform developer that offers AI assistant built to respond to human resources inquiries, raises $3.8MM Equity Funding from Gradient Ventures.

Enterprise Software • Bellevue, WA • Post-Money Valuation

 

Cafeteria, a developer of a production platform that connects with teens, raises $3MM in Equity Funding from Collaborative Fund.

Software Development • Los Angeles, CA • Post-Money Valuation

 

Oboe, a developer of AI-powered educational platform offering resources for learning, raises $4MM Seed from ENIAC Ventures.

EdTech • New York, NY • Post-Money Valuation

 

Abstract, a software developer with AI-powered assistant to help centralize security analytics management, raises $15MM Series A from Munich Re Ventures.

Analytics • San Francisco, CA • Post-Money Valuation


Second Nature intends to acquire Voortman Cookies, a company specializing in the production and sale of cookies.

Baked Goods • Burlington, Canada

 

Dream Finders Homes intends to acquire Alliant National Title Insurance, a title insurance firm that offers services such as claims support, lender assurance, education verification and compliance checks.

Insurance • Longmont, CO • Deal

 

Willdan Group acquires Enica, an energy and building automation solutions firm focused on mission-critical energy services for the commercial sector.

Design Build • New York, NY • Deal

 

WellSky acquires Bonafide, a software developer which uses durable medical equipment (DME) and medical home equipment for healthcare industry.

SaaS • Thousand Oaks, CA • Deal

 

Socure intends to acquire Effectiv AI, a company that develops a fraud prevention platform designed to offer initial fraud assessments of transactions for fraudulent behavior.

Fraud Protection • San Francisco, CA • Deal

 

Forward to a Friend Forward to a Friend
SEE ALL COMPLETE ISSUES OF OUR 
Daily Stack ® Newsletter
Website
Twitter
LinkedIn
Not a subscriber yet? Sign up here!
Have an interesting topic you want us to include. Let us know!
Copyright © 2023 PrivCo Media, LLC. All Rights Reserved.
Unsubscribe | PrivCo.com | Contact Us
PrivCo Logo

© 2025 PrivCo Media, LLC

Company

HomeSign inContactPricing