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AI and data infrastructure drives demand for open source startups

AI and data infrastructure drives demand for open source startups
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
March 27, 2024

What We're Reading

  • AI and data infrastructure drives demand for open source startups [TechCrunch]
  • Mark Zuckerberg told Facebook execs to 'figure out' how to track encrypted usage on rival apps like Snap and YouTube [Business Insider]
  • Adobe’s GenStudio brings brand-safe generative AI to marketers [TechCrunch]
  • Telegram’s peer-to-peer SMS login service is a privacy nightmare [TechCrunch]

Trending Companies

 

Borderless AI, a company that develops an HR platform, raises $27MM Seed from Susquehanna International Group.

Human Resources • Ontario, Canada

 

Winible, a company that develops a creator monetization platform for sports betting creators, raises $6MM Seed from Inspired Capital.

Gambling • Austin, TX • Post-Money Valuation

 

Pandion, a first parcel network designed for the unique challenges of e-commerce, raises $41.5MM Series B from Revolution Growth.

E-Commerce • Seattle, WA • Post-Money Valuation

 

Tarsal, a security data movement company, raises $6MM Seed from Harpoon Ventures.

Security • San Francisco, CA • Post-Money Valuation

 

Proxy Foods, a company that develops an AI recipe formulation & optimization to accelerate food & beverage product development, raises $2.33 MM Equity Funding from Undisclosed Investors.

Artificial Intelligence • Washington, DC • Post-Money Valuation

 

Greenly, a firm that develops platform that offers carbon accounting and management services, raises $52MM Series B from Fidelity International Strategic Ventures.

Analytics • Paris, France

 

Goalsetter, a financial technology company focused on providing an education-first platform for families to learn about finance through goal-based savings, financial literacy quizzes, and smart youth debit cards, raises $9.6MM Series A from MM Catalyst Fund.

Fintech • New York, NY • Post-Money Valuation

 

FundGuard, a company that offers AI-powered SaaS investment management and asset servicing enterprise platform, raises $100MM Series C from Key1 Capital.

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

 

Mirador, a company that operates a biotechnology company intended to offer medicine for immune-mediated inflammatory and fibrotic diseases, raises $400MM Series A from ARCH Venture Partners.

Therapeutics • San Diego, CA • Post-Money Valuation

 

Airvine, a company that develops wireless technologies designed to improve the way indoor network infrastructures are deployed and operated, raises $6.2MM Series A from Crosslink Capital.

Network Infrastructure • Santa Clara, CA • Post-Money Valuation

 

 

Reflection Games, a company that develops mobile PvP games, raises $2.1MM Equity Funding from Undisclosed Investors.

Games • Seattle, WA • Post-Money Valuation

 

Copilot Money, a company that develops a personal finance app, raises $6MM Series A from Adjacent.

Personal Finance • New York, NY • Post-Money Valuation

 

Foundational Data, a company that develops a data management platform, raises $8MM Seed from Gradient Ventures.

Data Management • San Francisco, CA • Post-Money Valuation

 

Sayres Defense acquires Global Systems Technologies, a provider of test and evaluation services, model-based systems engineering, logistics, research and development to Defense and Homeland Security customers.

Systems Integration • Morrisville, PA • Deal

 

Clean Harbors completes the acquisition of Hepaco, a company that provides critical environmental and emergency services for environmental remediation.

Environmental • Charlotte, NC • Deal

 

Nuvation Bio intends to acquire AnHeart Therapeutics, a clinical stage global biopharmaceutical company developing novel precision oncology therapeutics.

Pharmaceuticals • New York, NY • Deal

 

Buyers Edge Platform acquires Food & Supply Source, a food and supply company that operates manufacturing and sales of food products and beverages.

Food • Taunton, MA • Deal

 

Archer acquires Flisk, a company that develops a risk management platform designed to help in managing insurance policies and exposure data.

Risk Management • Austin, TX • Deal

 

Gilead Sciences acquires CymaBay, a clinical-stage biopharmaceutical company focused on developing and providing access to innovative therapies for patients with liver and other chronic diseases with high unmet medical need.

Biopharmaceuticals • Newark, CA • Deal

 

Gordon Brothers acquires Catch, a company that provides fishing supplies intended to serve the needs of the fishing industry.

Fishing • Chicago, IL • Deal

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