Anthropic acquires computer-use AI startup Vercept; Grotto raises $10MM Seed from ICONIQ Capital

Daily list of private company financial insights

February 27, 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

Wayve, a developer of artificial intelligence software for self-driving cars, raises $1.2BN Equity Funding from Eclipse VC.

Artificial Intelligence (6,531) • London, United Kingdom

 

Jampack Labs, a firm that develops supply chain automation software designed to simplify wholesale operations and eliminate administrative drag, raises $3.2MM Seed from Maveron, LLC.

Software (27,885) • Middletown, DE • Post Money Valuation

 

Basis, a developer of an AI platform for accounting firms, raises $100MM Series B from Accel Partners.

Platform (2,847) • New York, NY • Post Money Valuation

 

Myrias Optics, a firm that develops all-inorganic printed meta-optics, raises $2.MM Seed from Mass Ventures.

Fiber Optics (227) • Amherst, MA • Post Money Valuation

 

Koah Labs, a company that operates an advertising platform that develops AI-native monetization solutions to generate revenue, raises $20.5MM Series A from Theory Ventures.

Digital Advertising (61) • San Francisco, CA • Post Money Valuation

 

Slang, a company that provides a digital phone concierge that answers questions and takes reservations, raises $36MM Series B from U.S. Venture Partners.

Communications (3,477) • Costa Mesa, CA • Post Money Valuation

 

BreezeBio, a firm that develops curative therapies designed for current gene therapy delivery challenges by systematically screening its proprietary nanoparticle library, raises $60MM Series B from Yuanta Investment.

Life Sciences (1,138) • Brisbane, CA • Post Money Valuation

 

Harper Group, a firm that automates insurance workflows with AI, ensuring businesses get the best coverage quickly and competitively, raises $46.8MM Pre-Seed and Series A from Emergence Capital Partners.

Insurtech (485) • San Francisco, CA • Post Money Valuation

 

MatX One, a firm that manufactures computer chips intended to build a computing platform for artificial general intelligence, raises $500MM Series B from Jane Street Capital.

Hardware (267) • Mountain View, CA • Post Money Valuation

 

Yendo, a financial services platform providing a vehicle-secured credit card, raises $200MM Equity Funding from i80 Group.

Fintech (3,414) • Dallas, TX • Post Money Valuation

Chariot Defense, a company that develops intelligent hardware and software infrastructure for the defense sector, raises $34MM Series A from Andreessen Horowitz LLC.

Technology Hardware (2,595) • San Bruno, CA • Post Money Valuation

 

FirmPilot AI, a company that develops an artificial intelligence marketing platform designed to generate search-engine-optimized content and monitor marketing activities, raises $22MM Series A-1 from DeepWork Capital.

Digital Marketing (3,498) • Miami, FL • Post Money Valuation

 

Shine Technologies, a company developing innovative fusion-based technology that combines safety, cost-efficiency, and environmental responsibility, raises $240MM Equity Funding from NantWorks LLC.

Renewable Energy (1,744) • Janesville, WI • Post Money Valuation

 

GHK Capital Partners acquires CPL, a firm that provides architecture, engineering, and consulting services.

Architecture (5,978) • Raleigh, NC • Deal

 

Experian acquires AtData, a data-driven technology company that specializes in email address solutions.

Email (937) • Dedham, MA • Deal

 

The HWP Group acquires GMAS, a firm that provides health economic consulting services intended for mapping and optimization of activities ensuring higher productivity and alignment of cross-functional teams.

Consulting (32,607) • Mooresville, NC • Deal

 

Myriad Supply acquires AdvizeX Technologies, a firm that offers information technology infrastructure and managed services intended to serve government, financial, healthcare, education, manufacturing, and retail sectors.

Information Technology (14,560) • Independence, OH • Deal

 

L Squared Capital Partners acquires Functional Devices, a firm that manufactures electronic devices intended for the heating, ventilation and air conditioning (HVAC), building and lighting controls as well as energy management industries.

Equipment (29,025) • Sharpsville, IN • Deal

 

Array acquires Penny Finance, a firm that develops fintech platform focused on helping consumers build stronger financial habits through education, planning, and everyday money management tools.

Fintech (3,417) • Boston, MA • Deal

 

Arctic Wolf acquires Sevco Security, a company that develops a cyber asset management platform.

Cloud (5,303) • Austin, TX • Deal

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