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Anthropic raises $3.5B to fuel its AI ambitions

Anthropic raises $3.5B to fuel its AI ambitions
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
March 5, 2025

What We're Reading

Trending Companies

 

 

Loyal, a biotech firm that develops veterinary drug that delays the onset of age-related diseases like cancer, heart diseases, and metabolic diseases, raises $22MM Series B from Collaborative Fund.

Pet Care • San Francisco, CA • Post-Money Valuation

 

Venn Software, a company that provides purpose-built patented technology for Secure BYO-PC, raises $29MM Series A from Newspring Capital.

Enterprise Software • New York, NY • Post-Money Valuation

 

Bridgetown Research, a company building AI agents for decision research, raises $19MM Series A from Lightspeed Venture.

SaaS • Seattle, WA • Post-Money Valuation

 

CarbonQuest, a decarbonization company providing urban building owners with advanced technologies and solutions that enable acceleration of global carbon reduction, raises $20MM Equity Funding from Riverbend Energy Group.

CleanTech • Spokane, WA • Post-Money Valuation

 

Raise Marketplace, a provider of an online exchange marketplace for gift cards and rewards, raises $63MM Equity Funding from Haun Ventures.

Payments • Chicago, IL • Post-Money Valuation

 

Regie.AI, a developer of an AI-native sales engagement platform, raises $30MM Series B from Scale Venture Partners.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation

 

STAX Engineering, a company that provides zero-emission alternative emergency power services intended to help data center operators reduce pollution, raises $60 Debt Funding from Firstime Credit.

CleanTech • Long Beach, CA • Post-Money Valuation

 

VerAI Discoveries, a developer of a AI-based platform that improves the detection probability of metal deposits, raises $24MM Series B from Insight Partners.

Exploration • Needham Heights, MA • Post-Money Valuation

 

Taktile, a developer of a decision platform that empowers teams to build, monitor, and optimize automated risk management strategies across the entire customer lifecycle?from credit underwriting and onboarding & KYC/KYB to transaction monitoring and collections, raises $54MM Series B from Balderton Capital.

Automation • New York, NY • Post-Money Valuation

 

Mimic Networks, a company that develops a ransomware defense platform intended to provide enterprises with detection, deflection, and rapid recovery from ransomware attacks, raises $50MM Series A from Menlo Ventures.

Cloud • San Mateo, CA • Post-Money Valuation

 

CompScience, a developer of an AI-powered workplace safety analytics platform to help companies prevent workplace accidents, raises $27.6MM Series B from Sands Capital.

Insurtech • San Francisco, CA • Post-Money Valuation

 

Turing, a company that develops an AI-powered water management solution designed to optimize water and landscaping operations, raises $14MM Equity Funding from Safar Partners.

Water Treatment • Woburn, MA • Post-Money Valuation

 

Rune Technologies, a defense technology company, raises $6.2MM Seed from Andreessen Horowitz.

Logistics • Arlington, VA • Post-Money Valuation

 

SkyMirr, a provider of RF technology for broadband wireless communication and medical equipment applications, raises $7.3MM Series A from Solyco Capital.

Radiology • Melbourne, FL • Post-Money Valuation

 

Reddy, a company that develops sales training and onboarding platform, raises $2MM Equity Funding from DA Ventures.

Training • San Francisco, CA • Post-Money Valuation

 

Firstwork, a company that develops a human resource platform intended for companies with workforce needs, raises $5MM Seed from Gradient Ventures.

Human Resources • San Francisco, CA • Post-Money Valuation

 

Highstock, a company that develops an inventory management platform, raises $5.5MM Seed from Greylock Partners.

Inventory Management • New York, NY • Post-Money Valuation

 

FullBloom acquires CharacterStrong, a company that operates in the education services industry.

Primary Education • Puyallup, WA • Deal

 

Atomic Transport acquires Modern Transport, a transportation and logistics company.

Freight • Apache Junction, AZ • Deal

 

Boathouse Capital invests in Analytics8, a data and analytics consultancy firm.

Data Analytics • Chicago, IL • Deal

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