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Costco sold $100 million in gold bars last quarter

Costco sold $100 million in gold bars last quarter
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
December 18, 2023

What We're Reading

Trending Companies

 

 

Klook, a developer of travel activities and services booking platform designed to connect travelers with experiences, raises $210MM Equity Funding from Bessemer Venture Partners.

Booking • Hong Kong, Hong Kong

 

Instock, a company that develops a full as-a-service 3D goods-to-person (G2P) system for eCommerce operations, raises $3.2MM Equity Funding from Amazon Industrial Innovation Fund.

E-Commerce • San Carlos, CA • Post-Money Valuation

 

Babylon, a provider of blockchain security solutions for the decentralized economy, raises $18MM Equity Funding from  Polychain Capital.

Blockchain • Palo Alto, CA • Post-Money Valuation

 

Mulberri, a company that develops an AI-powered insurance platform used by PEOs, brokers, small-medium businesses, and carriers, raises $6.75MM Series A from Eos Venture Partners.

Artificial Intelligence • Sunnyvale, CA • Post-Money Valuation

 

Rhythms, a company that developed an AI-powered operating system for high-performing teams, raises $26MM Seed from Greenoaks Capital Management.

Artificial Intelligence • Bellevue, WA • Post-Money Valuation

 

InpharmD, a provider of an information platform that connects questions from healthcare providers to customized, evidence-based responses from a nationwide network of academic drug information centers, optimized with machine learning, raises $6.05MM Equity Funding from 645 Ventures.

Drug Research • Atlanta, GA • Post-Money Valuation

 

Koho, a company that offers checking accounts, debit cards, personal finance management services, foreign exchange tools and cash-back programs, raises CAD$86MM Equity Funding from Drive Capital.

Fintech • Ontario, Canada

 

Air Space Intelligence, a developer of software solutions for the aerospace and defense industry, raises $34MM Series B from Andreessen Horowitz.

SaaS • San Francisco, CA • Post-Money Valuation

 

Cortex, a company that is developing an advanced, seamlessly integrated, comprehensive platform for evaluating and treating AFib with precision, simplicity, and efficiency, raises $90MM Equity Funding from Hellman & Friedman.

Machine Learning • Santa Clara, CA • Post-Money Valuation

 

Pragmatic Semiconductor, a developer of an integrated circuit platform that uses thin-film semiconductors that don't rely on silicon, raises £182MM Series D from M&G’s Catalyst.

Electronics • Cambridge, United Kingdom

 

OurSky, a modernized and open developer platform for space data applications, raises $9.5MM Seed from Upfront Ventures.

Developer Tools • Los Angeles, CA • Post-Money Valuation

 

Scalable Capital, a financial technology company, raises €60MM Series E from Balderton Capital.

Fintech • Munich, Germany

 

Jiant, a company that manufactures Hard Tea, Hard Kombucha, and Cocktail-inspired RTDs using tea, botanicals, and real fruit, raises $6MM Series A from Natureza Growth Partners.

Beverages • Santa Monica, CA • Post-Money Valuation

 

Liquid AI, a developer of general-purpose AI systems, raises $37.6MM Seed from OSS Capital.

Artificial Intelligence • Brookline, MA • Post-Money Valuation

 

Zafrens, a therapeutics company pioneering an ultra-high throughput platform to isolate, culture, image, and sequence millions of cells per day, raises $23MM Equity Funding from Prime Movers Lab.

Therapeutics • San Diego, CA • Post-Money Valuation

 

Fountain Life acquires LifeOmic, a software company that leverages the cloud, machine learning, and mobile devices to power precision health solutions for providers, researchers, healthcare IT, pharma, employers and individuals.

SaaS • Indianapolis, IN • Deal

 

Woodings Industrial acquires Superior Machine Company of South Carolina, a manufacturer of electric arc furnaces, ladle furnaces and continuous casting machines for machine and fabrication plants.

Machinery • Florence, SC • Deal

 

UES acquires InControl Technologies, a company that provides environmental consulting services to owners of commercial and industrial property.

Environmental • Houston, TX • Deal

 

CN intends to acquire Iowa Northern Railway, an operator of railroad lines.

Rail • Waterloo, IA • Deal

 

SoundHound AI aims to acquire SYNQ3, a provider of automated Speech Recognition (ASR) technology solutions to restaurants.

Voice Assistant • Colorado Springs, CO • Deal

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