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Perplexity has reportedly closed a $500M funding round

Perplexity has reportedly closed a $500M funding round
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 23, 2024

What We're Reading

Trending Companies

 

KeepIt, a software company that provides cloud data backup software, raises $50MM Equity Funding from One Peak Partners.

SaaS • Copenhagen, Denmark

 

Fluid Biomed, a medical device company that develops a  polymer-based flow-diverting stent to cure brain aneurysms, raises $27MM Series A from Amplitude Ventures.

Medical Devices • Calgary, Canada

 

Credible X, a developer of an embedded finance platform that provides their SME customers and suppliers access to credit solutions, raises $55MM Seed from Further Ventures.

Embedded Software • Abu Dhabi, United Arab Emirates

 

Triton Anchor, a provider of a low-weight, silently installed, modular anchoring system that works for all offshore wind turbines, raises $2.2MM Seed from MQNQ Consulting Group.

Generators • Chelmsford, MA • Post-Money Valuation

 

RAI Partners, a fintech company that develops an all-in-one platform for credit unions, raises $5.6MM Equity Funding from Undisclosed Investors.

Enterprise Software • San Antonio, TX • Post-Money Valuation

 

Legion Technologies, a company providing an autonomous, AI-powered Workforce Management platform that enables companies to manage labor spend, raises $50MM Debt Funding from Silicon Valley Bank.

Workflow Management • Redwood City, CA • Post-Money Valuation

 

1m, a developer of performance management and risk management solutions for the healthcare sector, raises $7.3MM Series A from Banner Health.

Business-to-Business • New York, NY • Post-Money Valuation

 

Nanoramic, a company that develops nanomaterial technology to help transform energy storage for electric vehicles, raises $44MM Equity Funding from General Motors Ventures.

Nanotechnology • Wakefield, MA • Post-Money Valuation

 

Atlas, a company that develops an online financial platform, raises $27MM Series B from Michael Gilroy.

Fintech • San Francisco, CA • Post-Money Valuation

 

Crusoe Energy, a company that provides computing infrastructure, raises $600MM Series D from Founders Fund.

Infrastructure • Denver, CO • Post-Money Valuation

 

 

 

Sublime, a company that develops an email security platform, raises $60MM Series B from IVP.

Cyber Security • Washington, DC • Post-Money Valuation

 

Evinced, a company that develops AI-fueled end-to-end accessibility automation services, raises $55MM Series C from Insight Partners.

Artificial Intelligence • Los Altos, CA • Post-Money Valuation

 

Twelve Labs, a company that develops a multimodal AI platform, raises $30MM Equity Funding from Databricks Ventures.

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

 

Vantis Vascular, a medical technology firm that develops therapeutic devices, raises $10MM Series B-1 from Undisclosed Investors.

Medical Devices • San Jose, CA • Post-Money Valuation

 

Gigs, a company that provides a telecom-as-a-service solution, raises $73MM Series B from Ribbit Capital.

Telecommunications • San Francisco, CA • Post-Money Valuation

 

Modern Hydrogen, a company that develops a distributed hydrogen production system designed to produce clean hydrogen on-site and sequester carbon efficiently, raises $25MM Debt Funding from Undisclosed Investors.

CleanTech • Woodinville, WA • Post-Money Valuation

 

Cartesia, a company that develops a real-time multimodal intelligence for every device, raises $27MM Seed from Index Ventures.

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

 

Rogers Communications acquires Maple Leaf Sports & Entertainment, a sports and entertainment firm.

Entertainment • Toronto, Canada

 

CargoSprint acquires Advent eModal, a firm that develops port management platform that offers enterprise services and consulting practice that provides customized systems for the management of individual or multipurpose port and terminal programs.

Cloud • Somerset, NJ • Deal

 

Sila Services acquires A-Comfort Service, a heating, cooling, and plumbing company.

HVAC • Pittsburgh, PA • Deal

 

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