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Snap is testing a ‘simplified’ Snapchat

Snap is testing a ‘simplified’ Snapchat
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
September 5, 2024

What We're Reading

  • Snap CEO says the company is testing a ‘simplified’ Snapchat [TechCrunch]
  • Spotify launches its evolving playlist, daylist, globally [TechCrunch]
  • Why Lyft’s CEO says ‘it would be insane’ not to go all in on bikeshare [TechCrunch]
  • Canva has increased prices for its Teams product [TechCrunch]

Trending Companies

 

Circle Pharma, a company that designs and develops bioavailable macrocyclic peptide therapeutics against important clinical targets, raises $90MM Series D from The Column Group.

Drug Research • South San Francisco, CA • Post-Money Valuation

 

Monda Labs, a firm that develops a data management platform for data monetization, with features including data product creation, data storefront publishing, data marketplace integration, and data demand management, raises $5MM Seed from Senovo.

Artificial Intelligence • Dover, DE • Post-Money Valuation

 

ChampionHQ, a developer of an AI-powered customer advocacy platform designed to unlock dormant revenue, raises $3.3MM Seed from Flyover Capital.

Machine Learning • Indianapolis, IN • Post-Money Valuation

 

Somite Therapeutics, a biotechnology company that leverages artificial intelligence to produce human tissue for cell-based therapies, raises $4.8MM Seed from Montage Ventures.

Therapy • Boston, MA • Post-Money Valuation

 

AcuraStem, a company that develops a precision medicine platform designed to model patient tissues in the laboratory, receives a  $4MM Grant from the California Institute for Regenerative Medicine.

Biotechnology • Monrovia, CA • Post-Money Valuation

 

Segmed, a company that provides AI-powered data solutions that allow access to RWD network to facilitate rapid discovery and investigational capability of imaging data, development of early disease detection & prediction models, improved patient recruitment, and reduced operating burden to access therapeutic data ecosystem, raises $10.4MM Series A from iGan Partners.

Big Data • Stanford, CA • Post-Money Valuation

 

Linker Finance, a company that developed a holistic mobile and online digital banking platform, raises $3.7MM Seed from TenOneTen Ventures.

Apps • Pasadena, CA • Post-Money Valuation

 

Citroniq, a company that developed a process to support the transition of the petrochemical and plastics industries from hydrocarbon-based businesses to renewable, carbon-neutral businesses through the construction of new production facilities integrated into existing infrastructure, raises $12MM Series A from Lummus Technology Ventures.

Chemicals • Houston, TX • Post-Money Valuation

 

Unlock, a company that enables homeowners to access home equity without getting a loan, raises $280MM Equity Funding from D2 Asset Management.

Finance • Tempe, AZ • Post-Money Valuation

 

 

PGW Auto Glass acquires PH Vitres d'Autos, a firm that distributes automotive glass for vehicle owners, fleets and insurance carriers.

Automotive • Sainte-Perpetue, Canada

 

Superstep Capital invests in Tru Consulting, a firm that offers software a platform intended to meet the financial planning and analysis needs.

Software • Broomfield, CO • Deal

 

WealthCreate acquires Studemont, a company that provides wealth preservation solutions.

Advisory • Spring, TX • Deal

 

KBR acquires LinQuest, a security space firm that enables defense and intelligence missions through advanced digital solutions and the development, integration, and operation of mission-critical systems.

IT Consulting • Los Angeles, CA • Deal

 

Mosyle acquires Assetbots, a software developer that offers asset management services to Education, Healthcare, Construction, Government, Hospitality, Technology, Retail and Non-Profit industries.

Asset Management • Phoenix, AZ • Deal

 

Lerner Publishing acquires Sundance Newbridge Publishing, a publisher of supplemental literacy solutions for grades PreK-8.

Publishing • Marlborough, MA • Deal

 

AEM acquires WeatherWorks, a firm that offers meteorological services delivering tailored solutions and insights that address weather conditions.

Weather • Hackettstown, NJ • Deal

 

Smart Source acquires Kaye-Smith Enterprises, a business process outsourcing firm that offers statement processing, print and inventory management, direct mail marketing, branded merchandise, warehousing and distribution.

Data Management • Renton, WA • Deal

 

Charlesbank Capital Partners invests in Front Row, a full-service e-commerce and marketing agency.

E-Commerce • New York, NY • Deal

 

Kingswood Capital Management intends to acquire Kichler Lighting, a firm that offers lighting products for residential homes.

Lighting • Solon, OH • Deal

 

Sycamore Partners acquires Playa Bowls, a restaurant chain that offers superfruit bowl of bright flavors of acai, pitaya, mango, green, and coconut bowls alongside oatmeal bowls, juices, smoothies, and cold brew.

Restaurants • Belmar, NJ • Deal

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