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Reddit CEO lashes out on protests

Reddit CEO lashes out on protests
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 19, 2023

What We're Reading

  • Reddit CEO lashes out on protests, moderators and third-party apps [TechCrunch] 
  • Twitter’s inability to pay its rent is more urgent than building ‘Twitter 2.0’ [Fortune] 
  • How two founders approach building ethical AI startups in health care [TechCrunch]
  • Overinflated Expectations From AI Adoption Vs. Reality [Forbes] 

Trending Companies


Moat Biotechnology, a firm in the clinical development stage that is dedicated to the development of innovative intranasal and oral vaccines, raises $6.5MM Equity Funding from Cortado Ventures.

Biopharmaceuticals • Oklahoma City, OK • Post-Money Valuation


Albert Invent, a firm that develops an R&D platform for scientists, raises $7.5MM Seed from Index Ventures.

Data Processing • Lafayette, CA • Post-Money Valuation


Game Cloud Network, a software firm that builds brand engagement networks connecting brands, consumers & influencers through games, raises $10MM Equity Funding from Seismic Capital Company.

Online Games • Murrieta, CA • Post-Money Valuation


Zapscale, a developer of a customer success platform for B2B SaaS companies, raises $2.5MM Seed from Blume Ventures.

SaaS • Wilmington, DE • Post-Money Valuation


Striveworks, a developer of a machine learning platform enables users to turn their own production data into models and turn models into production systems, raises $33MM Equity Funding from Centana Growth Partners.

Automation • Austin, TX • Post-Money Valuation


Spothopper, a company that provides an online marketing platform for restaurants, raises $12MM Series B from TVC Capital.

Marketing • Milwaukee, WI • Post-Money Valuation


Pollen Pathways, a developer of a professional membership platform for freelancers, raises $4MM Equity Funding from Founder Collective.

Gig Economy • New York, NY • Post-Money Valuation


On.Energy, a company that provides fully integrated battery energy storage system solutions, raises $20MM Series B from Ultra Capital.

Batteries • Miami, FL • Post-Money Valuation


Uncaged Innovations, a biomaterials company that develops performance materials to replace bovine and exotic leather, raises $2MM Pre-Seed from InMotion Ventures.

Materials • Troy, NY • Post-Money Valuation


Bryleos, a therapeutics company that develops BNAD101, an oral composition of NAD+ clinically proven to increase intracellular NAD+, raises $5MM Seed from Eddie Jordan.

Drug Research • Johnson City, TN • Post-Money Valuation


Since last week, PrivCo has added or updated:
1240 Companies | 113 Funding Rounds | 70 M&A Deals


Silent Push, a company that provides a platform that identifies emerging threats by providing internet-facing infrastructure available and applying deep analysis to reveal attacker infrastructure and campaigns, raises $10MM Seed from Ten Eleven Ventures.

Cyber Security • Reston, VA • Post-Money Valuation


Rosarium Health, a company that developed a platform designed to connect home contractors and occupational therapists to clients to complete accessible home assessments and accessible home modifications, raises $1.7MM Pre-Seed from Primetime Partners.

Home Health • Denver, CO • Post-Money Valuation


Paro, an AI-powered marketplace that delivers finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools and guiding insights, raises $25MM Series C from Top Tier Capital Partners.

Finance • Chicago, IL • Post-Money Valuation


Connext Labs, a company that provides a blockchain interoperability protocol, raises $7.5MM Equity Funding from Polychain Capital.

Web3 • San Francisco, CA • Post-Money Valuation


Invirsa, a clinical-stage pharmaceutical developing a topically administered eyedrop formulation INV-102 for ocular conditions associated with DNA damage, raises $7.7MM Series B from CincyTech.

Biopharmaceuticals • Columbus, OH • Post-Money Valuation


BlockSpan, a company that provides NFT API platform that enables software companies and builders to develop Web3 applications, raises $1.4MM Pre-Seed from undisclosed investors.

Blockchain • Pittsburgh, PA • Post-Money Valuation


DW Healthcare Partners invests in LKC Technologies, a company that manufactures electrophysiology testing devices used as an aid in the diagnosis and management of retinal and optic nerve diseases.

Medical Devices • Gaithersburg, MD • Deal


Ampersand Capital Partners invests in Nanoimaging Services, a company that provides cryo-electron microscopy ("cryo-EM") services to the pharmaceutical and biotechnology industry.

Drug Research • San Diego, CA • Deal


Green Check Verified acquires Komplyd, a company that developed a compliance-as-a-service platform and application programming interface designed for product development teams in the cannabis industry.

SaaS • San Jose, CA • Deal


Camping World Holdings to acquire Funtime RV, a recreational vehicle dealer.

Dealership • Tualatin, OR • Deal

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