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Why Everything is AI in 2023?

Why Everything is AI in 2023?
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
Feb 10, 2023

What We're Reading

Why Everything is AI in 2023? (Forbes)
How AI is De-Aging Stars on Screen (Guardian)
Softbank Loses Another 5.9BN in Earnings Call (Bloomberg) Profile
Top CIOs Share Concerns On The Future Of Global Markets (Bloomberg)
AI Tech Enables Industrial-Scale Intellectual-Property Theft (WSJ)

Trending Companies

Blip Labs Technologies, a company that develops a bill payment platform designed to provide payment processing for customers, raises $2.1MM Seed from Susa Ventures.

Fintech • Philadelphia, PA • Post-Money Valuation

 

Conquest Planning, a company that develops a financial planning software, raises C$24MM Series A from Fidelity International Strategic Ventures.

Fintech • Winnipeg, Canada

 

FireCompass, a company that operates a SaaS platform for Continuous Automated Red Teaming (CART) and Attack Surface Management (ASM), raises $7MM Series A from Cervin Ventures.

CyberSecurity • Boston, MA • Post-Money Valuation

 

Voyager Space, a company acquiring and operating companies in the space exploration industry, raises $80.2MM Equity Funding from NewSpace Capital.

Aerospace & Defense • Denver, CO • Post-Money Valuation

 

Ushur, a software company that provides a no-code development platform, raises $50MM Series C from Third Point Ventures.

Enterprise Software • Santa Clara, CA • Post-Money Valuation

 

Jobber, a developer of job tracking and customer management software solutions for home service businesses, raises $100MM Series D from General Atlantic.

Customer Relationship Management (CRM) • Edmonton, Canada

 

Therma, a company that develops a cooling intelligence platform that helps combat food and energy waste, raises $19MM Series A from Zero Infinity Partners.

Sensors • San Francisco, CA • Post-Money Valuation

 

FloxDev, a company that enables organizations manage and share development environments, package projects for others and publish artifacts anywhere, raises $16.5MM Series A from New Enterprise Associates.

Software Development • New York, NY • Post-Money Valuation

 

MindsDB, a company that developed an open source applied machine learning (ML) platform that enables developers to create AI-centered applications, raises $16.5MM Series A from Benchmark.

SaaS • San Jose, CA • Post-Money Valuation

 

Riot Security, a platform developer that provides cybersecurity, raises $12MM Series A from Base10 Partners.

Network Security • New York, NY • Post-Money Valuation

Since last week, PrivCo has added:
1047 Companies | 167 Funding Rounds | 131 M&A Deals
 

Lineaje, a company that provides Continuous Software Supply Chain Security Management to companies that build or use software, raises $7MM Seed from Tenable Ventures.

Software • Saratoga, CA • Post-Money Valuation


Moonhub, a company that provides combined AI technology and automation solutions to deliver recruitment and staffing services, raises $4.4MM Seed from Khosla Ventures.

Enterprise Software • Menlo Park, CA • Post-Money Valuation

 

Frond, a developer of a software platform for building online communities, raises $3.3MM Seed from Cherry Ventures.

Platform-as-a-Service (PaaS) • San Francisco, CA • Post-Money Valuation

 

Moderne, a software developer that helps code to fix automatically, raises $15MM Series A from Intel Capital.

Automation • San Francisco, CA • Post-Money Valuation

 

Kognitos, a company that enables generative AI to automate enterprise business processes, raises $6.75MM Seed from Clear Ventures.

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

Asset-Map, a company that provides software-as-a-process solutions for financial professionals who provide in-person and remote advice in the wealth management, investment and insurance markets, raises $6MM Series B from undisclosed investors.

Fintech • Philadelphia, PA • Post-Money Valuation

 

Garuda Therapeutics, a biotech firm that develops off-the-shelf, self-renewing blood stem cells, raises $62MM Series B from Northpond Ventures.

Biotechnology • Cambridge, MA • Post-Money Valuation


Athenix acquires Marina Plastic Surgery, a provider of cosmetic plastic surgery and skin care services.

Skincare • Marina Del Rey, CA • Deal

 

Unifirst acquires Clean the Uniform, a firm that provides uniform, workwear and facility service.

Uniforms • St. Louis, MO • Deal  

     

Independent Pet Partners, a  company that operates a digital, retail, education and services platform for holistic pet wellness files for Chapter 11 bankruptcy protection.

Pet Care • Woodbury, MN • Bankruptcy Activity
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