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Google looks to AI to help save the coral reefs

Google looks to AI to help save the coral reefs
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 7, 2024

What We're Reading

  • Google looks to AI to help save the coral reefs [TechCrunch]
  • SpaceX launches mammoth Starship rocket and brings it back for the first time [TechCrunch]
  • Amazon buys Indian video streaming service MX Player [TechCrunch]
  • Study finds that AI models hold opposing views on controversial topics [TechCrunch]

Trending Companies

 

WindBorne, a company that develops a weather forecasting platform, raises $15MM Series A from Khosla Ventures.

Climatetech • Palo Alto, CA • Post-Money Valuation

 

CaseMark, a company that develops an AI-powered legal document summarization platform, raises $1.7MM Seed from Gradient Ventures.

Legal Tech • Portland, OR • Post-Money Valuation

 

Xcimer, a company that develops a scalable laser-driven fusion technology, raises $100MM Series A from Hedosophia.

Laser • Denver, CO • Post-Money Valuation

 

Axena, a medical device company that focuses on women's pelvic health, raises $9MM Series A from Cross border Impact Venture.

Women Health • Auburndale, MA • Post-Money Valuation

 

Caju AI, a company that develops a generative AI platform for customer engagement, raises $3MM Seed from Grotech Ventures.

Generative AI • Norfolk, VA • Post-Money Valuation

 

Ashby, a company that develops recruitment software designed for high-growth companies, raises $30MM Series C from Lachy Groom.

Recruitment • San Francisco, CA • Post-Money Valuation

 

Workbox, a provider of flexible office solutions and coworking spaces, raises $17.5MM Series A from Chicago Atlantic.

Coworking • Chicago, IL • Post-Money Valuation

 

Stacklet, a company that develops a cloud governance platform, raises $14.5MM Series B from SineWave Ventures.

Cloud • Arlington, VA • Post-Money Valuation

 

SciTech, a pharmaceutical company that has developed a patented nanoparticle drug delivery platform (SDP) that maximizes the bioavailability of water-insoluble therapeutics, raises $3.2MM Equity Funding from Storm Lake Capital.

Biopharmaceuticals • Grosse Pointe Farms, MI • Post-Money Valuation

 

Keragon, a company that operates a healthcare integration and automation platform intended to simplify and automate healthcare workflows, raises $3MM Equity Funding from Focal VC.

Health Care Technology • Boston, MA • Post-Money Valuation

 

 

Thoughtly, a company that develops AI-powered phone answering services designed to automate and improve phone interactions, raises $3MM Seed from Afore Capital.

Mobile • New York, NY • Post-Money Valuation

 

AcuityMD, a company that develops medical technology software platform designed to provide ways of designing and marketing medical devices, raises $45MM Series B from ICONIQ Capital.

Medical Devices • Boston, MA • Post-Money Valuation

 

Prosperos, a company that develops a financial platform designed to manage one's finances, raises $3MM Seed from Tekton Ventures.

Fintech • Los Altos, CA • Post-Money Valuation

 

AirMDR, a company that develops managed detection and response (MDR) technology, raises $5MM Seed from Foundation Capital.

Intrusion Detection • Menlo Park, CA • Post-Money Valuation

 

Twelve Labs, a company that develops a multimodal artificial intelligence platform intended to bring human-like video understanding to any application, raises $50MM Series A from New Enterprise Associates.

Generative AI • San Francisco, CA • Post-Money Valuation

 

Triple Hair, a clinical research for Androgenetic Alopecia, raises $4MM Equity Funding from Prevail Partners.

Biotechnology • New Brunswick, Canada

 

BlackRock invests in Recurrent Energy, a firm that develops utility-scale solar and energy storage projects.

Solar • Austin, TX • Deal

 

Valens Semiconductor acquires Acroname, a firm that manufactures programmable USB, switches, cables, AV hubs and test automation systems.

Sensors • Boulder, CO • Deal

 

Peak Rock Capital acquires HuFriedyGroup, a company that focuses on dental instrument manufacturing, infection prevention, and instrument reprocessing workflows.

Dental • Chicago, IL • Deal

 

Flow Service Partners acquires Dynamic Air Solutions, a firm that offers heating, ventilation, and air conditioning services.

HVAC • Louisville, KY • Deal

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