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OpenAI co-founder Schulman leaves for Anthropic

OpenAI co-founder Schulman leaves for Anthropic
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
August 7, 2024

What We're Reading

  • OpenAI co-founder Schulman leaves for Anthropic, Brockman takes extended leave [TechCrunch]
  • After nine years, Google’s Nest Learning Thermostat gets an AI makeover [TechCrunch]
  • PayPal makes quick guest-checkout solution Fastlane available to U.S. businesses [TechCrunch]
  • Uber highlights autonomous vehicle efforts now that Tesla’s in its rearview mirror [TechCrunch]

Trending Companies

 

Noze, a firm that manufactures breath-based diagnostics equipment, raises $5MM Equity Funding from Bill & Melinda Gates Foundation.

Diagnostics • Saint-Laurent, Canada

 

KwiKom Communications, a telecommunication firm that provides state-of-the-art fiber infrastructure and customer service, receives a $1.9MM Grant from Kansas Office of Broadband Development.

Fiber Optics • Iola, KS • Post-Money Valuation

 

AeroShield, a firm that develops cutting-edge technology for energy efficiency applications in the built environment, raises $5MM Equity Funding from Mass Ventures.

Building Products • Cambridge, MA • Post-Money Valuation

 

Type One Energy, a company that develops fusion power systems to sustainable, affordable fusion power to the world, raises $82.4MM Seed from Breakthrough Energy Ventures.

CleanTech • Oak Ridge, TN • Post-Money Valuation

 

Haus Analytics, a growth intelligence platform that utilizes causal inference and provides brands with tools to uncover how marketing activities impact their business, raises $20MM Equity Funding from 01 Advisors.

Analytics • San Francisco, CA • Post-Money Valuation

 

HouseAmp, a firm that develops a pay-at-close platform intended to streamlines the home-selling process, raises $12.5MM Equity Funding from Undisclosed Investors.

Payments • Poulsbo, WA • Post-Money Valuation

 

Matereal, a firm that manufactures biobased polyurethane intended to replace common plastics, raises $4.5MM Seed from Collaborative Fund.

Chemicals • Denver, CO • Post-Money Valuation

 

AIRNA, a biotech firm which specializes in RNA editing therapeutics, raises $90MM Series A from Forbion Capital Partners.

Biotechnology • Cambridge, MA • Post-Money Valuation

 

Arch Cutting Tools acquires O-D Tool & Cutter, a firm that offers comprehensive services, including tool design, manufacturing, sharpening and modification.

Industrial Products • Mansfield, MA • Deal

 

Provisions Group acquires Hammrtech, a firm that provides artificial intelligence and computer programming services.

Cloud • Clinton, TN • Deal

 

ClickHouse acquires PeerDB, a provider of a data movement platform for PostgreSQL.

Data Integration • San Francisco, CA • Deal

 

Bain Capital acquires 1970 Group, a firm that offers solution for securing the insurance collateral.

Fintech • New York, NY • Deal

 

High Street Insurance Partners acquires Flagler Insurance Agency, a firm that offers insurance services in life and non-life coverage.

Insurance • Palm Beach, FL • Deal

 

Procare Solutions acquires Bertelsen Education, a firm that provides professional development educational services.

Continuing Education • Caldwell, ID • Deal

 

Installed Building Products acquires Euroview Enterprises, a firm that offers windows treatment and installation services to home and commercial spaces.

Installation • Elmhurst, IL • Deal

 

Scantron acquires C-Net Systems, a network support and computer repair company.

Cyber Security • Shelby Township, MI • Deal

 

NSM Insurance acquires ISO Health, a firm that offers accident and sickness insurance plans specifically designed for international students and scholars studying outside of their home country and traveling.

Finance • New York, NY • Deal

 

I Squared Capital acquires Priority Power Management, a company that provides energy management and consulting services.

Consulting • Arlington, TX • Deal

 

Sunland Asphalt acquires Georgia Paving, a firm that offers construction services intended to serve commercial and industrial paving projects.

Civil Engineering • Duluth, GA • Deal

 

CogneSense acquires L&J Technologies, a firm that designs, engineers, and manufactures precision industrial tank level gauging, equipment, control systems, and solutions for safety and compliance in bulk storage industrial tank applications.

Equipment • Hillside, IL • Deal

 

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