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Canoo’s CEO is buying the bankrupt EV startup’s assets

Canoo’s CEO is buying the bankrupt EV startup’s assets
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
March 7, 2025

What We're Reading

Trending Companies

 

Lenkie, a company that develops a financial platform intended to offer flexible funding, raises £49MM Series A from Undisclosed Investors.

Fintech • London, United Kingdom

 

Flosonics, a company that develops non-invasive devices designed to focus on the intersection of wearable sensors, ultrasound, and connected devices, raises $7.5MM Debt Funding from RBCx.

Medical Devices • Sudbury, Canada

 

Atmosic, a fabless semiconductor company that provides ultra-low power wireless solutions, raises $40MM Equity Funding from Sutter Hill Ventures.

Wireless • Campbell, CA • Post-Money Valuation

 

FairPlay, a company that develops a fairness consideration platform designed for fair lending compliance, raises $10MM Equity Funding from NYCA Partners.

Fintech • Los Angeles, CA • Post-Money Valuation

 

Vermillio, a company that develops an AI licensing and protection platform, raises $16MM Series A from DNS Capital.

Licensing • Chicago, IL • Post-Money Valuation

 

Callio, a company that develops multi-payload antibody-drug conjugates to improve cancer therapy, raises $187MM Series A from Norwest Venture Partners.

Therapeutics • Seattle, WA • Post-Money Valuation

 

Myosin, a biopharmaceutical company that develops novel pharmacotherapies targeting members of the myosin family of molecular motors, raises $3MM Seed from DeepWork Capital.

Biopharmaceuticals • Jupiter, FL • Post-Money Valuation

 

Viam, a company that operates an open-source platform intended to simplify the building, monitoring, and data management of machines, raises $30MM Series C from Union Square Ventures.

Open Source • New York, NY • Post-Money Valuation

 

HeyMilo, a company that develops an AI-powered candidate screening platform, raises $2.2MM Seed from Canaan Partners.

Recruitment • New York, NY • Post-Money Valuation

 

SimCare, a company that develops an AI-based simulation medicine platform designed to simulate patient speech with emotional expressions, raises $2MM Seed from Y Combinator.

Health Care Technology • Chicago, IL • Post-Money Valuation

 

Aescape, a company that builds robotics to offer personalized wellness experiences, raises $83MM Equity Funding from Valor Equity Partners.

Robotics • New York, NY • Post-Money Valuation

 

LlamaIndex, a provider of data framework for large language models, raises $19MM Series A from Norwest Venture Partners.

Large Language Model • Mountain View, CA • Post-Money Valuation

 

Nitricity, a company that produces renewable nitrogen fertilizer, raises $10MM Equity Funding from Elemental Impact.

Fertilizer • San Francisco, CA • Post-Money Valuation

 

Helios Global, a company that develops an AI-driven workforce management and payments platform, raises $15.5MM Seed from Undisclosed Investors.

Payments • Dover, DE • Post-Money Valuation

 

Nervonik, a medical device company developing an opioid-free peripheral nerve stimulation (PNS) system, raises $13MM Series A from U.S. Venture Partners.

Medical Devices • Los Angeles, CA • Post-Money Valuation

 

Pye-Barker Fire & Safety acquires Nebraska Safety and Fire Equipment, a firm that offers comprehensive resource for everything from engineering, installations, servicing, inspections, training and maintenance of nearly any fire protection equipment.

Fire Protection • North Platte, NE • Deal

 

Argonaut Private Equity acquires Pryer Aerospace, a firm that offers military aviation, commercial aviation, and space programs with complex aerospace structural assembly components supported by precision machining and sheet metal fabrication capabilities.

Aircraft • Tulsa, OK • Deal

 

Teleo Capital acquires Softrax, a provider of billing and revenue recognition software solutions.

Analytics • Canton, MA • Deal

 

Alkami acquires MANTL, a provider of bank account opening software for banks and credit unions.

SaaS • New York, NY • Deal

 

Forte Labs acquires Sealance, a decentralized cryptocurrency trust platform for privacy, identity and compliance.

Blockchain • Miami, FL • Deal

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