Why trust is a big question at the Elon Musk-OpenAI trial; Isomorphic Labs Limited raises $2.1BN Series B from Thrive Capital

Daily list of private company financial insights

May 19, 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

UroMem, a company that develops smart, active implantable medical devices for treating stress urinary incontinence (SUI), raises $60MM Equity Funding from Ajax Health Fund I.

Medical Devices (2,246) • Eybens, France

 

Mind Robotics, a firm that manufactures AI-driven robotic systems designed for industrial optimisation and operational transformation, raises $400MM Equity Funding from Kleiner Perkins.

Robotics (1,487) • Palo Alto, CA • Post-Money Valuation

 

Origin Lab Holdings, a tech firm that offers licensed multimodal data intended for artificial world intelligence, raises $8MM Seed from Lightspeed Venture Partners.

Software (29,127) • San Francisco, CA • Post-Money Valuation

 

Degron Therapeutics, a company that discovers and develops new class of targeted protein degradation therapeutics, raises $40MM Series A from LAPAM CAPITAL.

Therapeutics (1,594) • San Diego, CA • Post-Money Valuation

 

Synthetic, a company that developed a bookkeeping platform powered by AI, raises $10MM Seed from Khosla Ventures.

Software (29,127) • San Francisco, CA • Post-Money Valuation

GridCARE, a company that developed a one-stop power solution for AI data centers, delivering energy security and resilience at unprecedented speed, raises $64MM Series A from Sutter Hill Ventures.

Data Centers (610) • Redwood City, CA • Post-Money Valuation

 

Create Medicines, a clinical stage mRNA-immunotherapy company developing novel therapies for cancer, raises $122MM Series B from ARCH Venture Partners.

Oncology (492) • Cambridge, MA • Post-Money Valuation

 

Recursive Superintelligence, a company that developed a self-improving superintelligence to automate knowledge discovery, raises $650MM Equity Funding from GV.

Automation (3,795) • San Francisco, CA • Post-Money Valuation

 

Sigma Computing, a company that develops a cloud analytics solution used in analyzing complex databases, raises $80MM Series E from Princeville Capital.

Big Data (2,634) • San Francisco, CA • Post-Money Valuation

 

Argano acquires Ascend, a workforce management and HR technology consulting company specializing in UKG implementation and related enterprise services.

Human Resources (10,682) • Boulder, CO • Deal

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