Fidelity marks down X valuation by 71.5%

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PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
January 3, 2024

What We're Reading

Trending Companies

 

ImpactKarma, a developer of a personal finance technology platform focusing on sustainable living, raises $5.5MM Seed from Undisclosed Investors.

Business-to-Consumer • Wake Forest, NC • Post-Money Valuation

 

Teal Communications, a company developer of eSIM chips and technology, raises $5.3MM Equity Funding from Undisclosed Investors.

Mobile • Seattle, WA • Post-Money Valuation

 

Kokopelli Outdoor, a company that manufactures travel and outdoor sports products, raises $1.1MM Equity Funding from Undisclosed Investors.

Outdoor • Longmont, CO • Post-Money Valuation

 

Heranova Lifesciences, a company that develops medical technologies for women's health problems, raises $13.5MM Seed from Sinovation Ventures.

Life Sciences • Burlington, MA • Post-Money Valuation

 

Shield AI, a developer of artificially intelligent systems, raises $300MM Debt and Equity Funding from Hercules Capital. 

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

 

Trinity Capital invests in Cart.com, an end-to-end e-commerce-as-a-service (ECaaS) company that delivers a fully integrated suite of software solutions, expert services and infrastructure to scale businesses online. 

Digital Marketing • Austin, TX • Deal

 

University Games acquires The Learning Journey International, a company focused on manufacturing and distributing educational toys and products for children.

Toys • Phoenix, AZ • Deal

 

MyHome acquires Volly, a company that develops a marketing automation and lending platform for the mortgage and banking industries.

Automation • Woburn, MA • Deal

 

Bristol-Myers Squibb acquires RayzeBio, a biotechnology company focused on discovering and developing a broad pipeline of innovative targeted radiopharmaceutical drugs for cancer.

Biopharmaceuticals • San Diego, CA • Deal

 

Dunes Point Capital acquires Noland's Roofing, a company that provides re-roofing and building exterior services.

Construction • Clermont, FL • Deal

 

 

Grand Leader Technology Limited intends to acquire Yai's Thai, a restaurant company that offers Thai spices.

Food • Denver, CO • Deal

 

Connectbase acquires MasterStream, a company that focuses on providing configure price quote (CPQ) solutions tailored to the telecom industry, offering end-to-end automation of business processes and intelligent software solutions.

Enterprise Resource Planning (ERP) • Corona, CA • Deal

 

Ajinomoto completes acquisition of Forge Biologics, a hybrid gene therapy contract manufacturing and therapeutic development company.

Biopharmaceuticals • Grove City, OH • Deal

 

Skyhorse Publishing intends to acquire Regnery Publishing, a publisher of conservative books.

Publishing • Washington, DC • Deal

 

Allentown acquires ClorDiSys, a company that manufactures decontamination and sterilization equipment and services.

Machinery • Branchburg, NJ • Deal

 

INTACT Property Restoration acquires Valley Restoration, a company that provides cleaning and restoration services.

Restoration • Hailey, ID • Deal

 

Avnan Capital acquires Allied Components International, a company that designs and manufactures magnetic components and modules.

Electronic Components • Foothill Ranch, CA • Deal

 

EnPro Industries intends to acquire Advanced Micro Instruments, a company that designs and manufactures gas analyzers.

Electronic Components • Costa Mesa, CA • Deal

 

Kadant intends to acquire Key Knife, a company that manufactures and supplies engineered knife systems.

Customization • Tualatin, OR • Deal

 

Lennar acquires Veev, a company that develops housing systems designed to reinvent the way homes are built and experienced.

PropTech • Hayward, CA • Deal

 

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