As AI companies race to go public, who else is along for the ride?; PhysicsX raises $300MM Series C from Temasek

Daily list of private company financial insights

June 16, 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

NEURA Robotics, an AI and robotics company that develops cognitive collaborative robots with cognitive capabilities so that they can work with humans in existing environments without having to invest in complex and costly safety systems, raises $1.4BN Series C from Tether.

Robotics (1,499) • Metzingen, Germany

 

KOHO Financial, a company that provides financial services intended to simplify and optimize money management, raises $130MM Equity Funding from Savano Capital Partners.

Fintech (3,769) • Toronto, Canada

 

THEKER Robotics, a company specialized in robotics, deep learning, and computer vision, raises $85MM Series A from Charles River Ventures.

Deep Learning (29) • Barcelona, Spain

 

Evotrex, a firm that develops mobile energy-integrated transport units designed for off-grid recreational and residential use, raises $30MM Series A from Pegasus Capital Advisors.

Climatetech (289) • Los Angeles, CA • Post-Money Valuation

 

Element Biosciences, a life science company that focuses on developing innovative genetic analysis tools, raises $175MM Series E from Samsung Electronics.

Diagnostics (1,890) • San Diego, CA • Post-Money Valuation

 

Corca Research, a company that develops a collaborative math workspace that enables users to write equations, perform calculations, organize mathematical reasoning, and collaborate in real time with AI assistance, raises $7.8MM Equity Funding from NEA.

Collaboration (963) • Brooklyn, NY • Post-Money Valuation

 

Poetic, a firm that builds a new class of software that learns like AI but runs like code, raises $50MM Series A from Kleiner Perkins.

Artificial Intelligence (7,822) • San Francisco, CA • Post-Money Valuation

 

Coram AI, a company that develops video intelligence platform designed to provide businesses with insights into daily operations, raises $35MM Series B from Battery Ventures.

Video (4,252) • Sunnyvale, CA • Post-Money Valuation

 

Hypha, a firm that develops an AI-powered document intelligence platform designed for investment and asset management workflows, raises $50MM Seed from TriEdge Investments.

Workflow Management (840) • New York, NY • Post-Money Valuation

 

Turnout, a company that developed an online software platform used for government procedures, raises $35MM Series A from HighPost Capital.

Automation (3,810) • Del Mar, CA • Post-Money Valuation

PhoenixAI, a firm that develops an agentic AI database that offers a cost-based optimizer, an intelligent caching system, and an optimized vectorized query engine to simplify data architecture, raises $80MM Series B from Sky9 Capital.

DevOps (180) • Sunnyvale, CA • Post-Money Valuation

 

ChatSee, a firm that provides a failure-intelligence and runtime-assurance platform that monitors, analyzes, and improves the behavior of autonomous AI agents in enterprise production environments, raises $6.5MM Seed from True Ventures.

Analysis (143) • Cupertino, CA • Post-Money Valuation

 

Interchecks, a company that provides payment infrastructure and services that simplifies payments for businesses while increasing the variety of payment options for payees, raises $50MM Series C from Thayer Street Partners.

Payment Processing (762) • Boca Raton, FL • Post-Money Valuation

 

Fesarius Therapeutics, a biotech start-up on a mission to revolutionize the world of regenerative medicine, raises $20MM Series A from Jefferson Life Sciences.

Therapeutics (1,599) • New York, NY • Post-Money Valuation

 

Prometheus Industries, a company that develops AI-powered analytics and decision-support solutions to help organizations monitor operations, optimize performance, and make data-driven business decisions, raises $12BN Equity Funding from J.P. Morgan Chase.

Artificial Intelligence (7,825) • San Francisco, CA • Post-Money Valuation

 

Endurance Energy, a company that develops offshore geothermal energy technology to generate continuous, zero-emission baseload power from seafloor hydrothermal systems for utilities, industrial facilities, islands, and data centers, raises $54MM Series A from Founders Fund.

Energy Management (304) • Seattle, WA • Post-Money Valuation

 

Sandstone, a company that develops an AI-native legal operations platform that helps in-house legal teams manage workflows, automate intake and triage, organize institutional knowledge, and deploy AI agents for legal work across business systems, raises $30MM Series A from Lightspeed Venture Partners.

Legal Tech (346) • Brooklyn, NY • Post-Money Valuation

 

Digital Asset, a blockchain-based app development platform, raises $355MM Equity Funding from A16z Crypto.

Cryptocurrency (1,015) • New York, NY • Post-Money Valuation

 

TensorWave, a company that develops an AI compute cloud designed for AI Workloads, raises $350MM Series B from Magnetar Capital.

Generative AI (510) • Las Vegas, NV • Post-Money Valuation

 

Baker Tilly intends to acquire Anchin, an accounting and advisory firm for private client, real estate, financial services, consumer products, professional services, and architecture, engineering and construction industries.

Accounting (11,183) • New York, NY • Deal

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