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Rivian’s path to survival is now remarkably clear

Rivian’s path to survival is now remarkably clear
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 10, 2024

What We're Reading

Trending Companies

 

Nium, a company that develops payments platform designed to gain instant access to a global network of payout, pay in and card-issuing capabilities, raises $50MM Series E from Tribe Capital.

Payment Processing • Singapore, Singapore

 

Vilya, a company that develops a biotechnology platform designed for creating a novel class of medicines to precisely target disease biology, raises $71MM Series A from ARCH Venture Partners.

Drug Research • Seattle, WA • Post-Money Valuation

 

Field Materials, a company that develops digital software platform designed to democratize the procurement of construction materials, raises $3.5MM Seed from Navitas Capital.

Procurement • San Jose, CA • Post-Money Valuation

 

Vantage, a company that develops a generative AI-powered SaaS search and content discovery platform that provides personalized shopping recommendations, raises $16MM Series A from Lobby Capital.

SaaS • San Francisco, CA • Post-Money Valuation

 

LiveKit, a company that develops an online video conferencing and streaming platform, raises $22MM Series A from Redpoint Ventures China.

Streaming • San Jose, CA • Post-Money Valuation

 

Testsigma, a company that develops an automated testing platform designed to test and develop web and mobile applications, raises $8.2MM Equity Funding from MassMutual Ventures.

Developer Tools • San Francisco, CA • Post-Money Valuation

 

Restor3D, a company that develops 3D-printed orthopedic implants using Artificial Intelligence and biomaterials, raises $70MM Debt And Equity Funding from Summers Value Partners and Trinity Capital.

Health Care Equipment • Durham, NC • Post-Money Valuation

 

Eko Health, a company that develops an artificial intelligence-powered digital stethoscope designed to aid heart and lung disease detection, raises $41MM Series D from ARTIS Ventures.

Medical Devices • Oakland, CA • Post-Money Valuation

 

WEVR, a company that operates an interactive software studio intended to empower creators around the world to build the metaverse, raises $3.5MM Equity Funding from HTC Corporation.

Virtual Reality • Los Angeles, CA • Post-Money Valuation

 

Tobiko Data, a company that develops a data operation platform designed to develop an open-source transformation software, raises $17.3MM Series A from Theory Ventures.

Data Management • San Mateo, CA • Post-Money Valuation

 

 

Dean Drako acquires Cobalt Robotics, a provider of AI alarm filtering, remote monitoring, and security robot solutions for the enterprise.

Artificial Intelligence • Fremont, CA • Deal

 

AstraZeneca completes acquisition of Fusion Pharmaceuticals, a biopharmaceutical company that develops targeted alpha-particle radiotherapeutics for treating cancer.

Biopharmaceuticals • Ontario, Canada

 

UST Global acquires Endeavor Consulting Group, a firm that provides supply chain management and product commercialization consulting services.

Project Management • Wayne, PA • Deal

 

Golden Triangle Ventures acquires Cargo Management Group, a firm that offers shipping, logistics and trucking operation services.

Logistics • Henderson, NV • Deal

 

TA Associates invests in Solarity, a firm that offers automated clinical data processing solutions for acute and ambulatory healthcare providers.

Automation • Saint Louis, MO • Deal

 

Wynnchurch Capital acquires Hydraulic Technologies, a firm that manufactures high-pressure hydraulic tools and equipment.

Hydraulics • Rockford, IL • Deal

 

Databricks acquires Tabular Technologies, a firm that builds an independent cloud-native data platform powered by the open source standard for huge analytic datasets.

Cloud • San Jose, CA • Deal

 

Patheous Health acquires DiagnosTEX, a firm that operates mobile dysphagia consultation clinics that offers real-time assessments of all three phases of the swallow with a digital recording for patients to keep.

Clinical Services • Hurst, TX • Deal

 

Michael Baker International acquires Digital Data Technologies, a firm that develops software tools that uniquely accelerate the transition, enabling to create reports for service providers requiring legacy formats for the 911 industry.

Data Processing • Columbus, OH • Deal

 

Saint-Gobain acquires Bailey Metal, a company that provides metal products serving commercial and residential construction markets.

Construction Materials • Ontario, Canada

 

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