News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗ASI raises $325 million Series C at $3 billion valuation
On 2026-10-20, ASI (formerly Air Space Intelligence) announced a $325 million Series C led by Spark Capital at a $3 billion valuation; participants include a16z, Craft Ventures, Citadel Securities affiliates, Meritech, Energy Impact Partners and others.
Blue Whale Energy raises US $ 4 million in seed funding
On 2026-10-18, according to DealStreetAsia , Blue Whale Energy completed the financing, round seed round, amounting to US $ 4 million. Investors: Wavemaker Ventures, SG Growth Capital (seeds), ADB Ventures.
MOSS AI（Moss Intelligence） raises over RMB 1 billion in Pre-Series A financing
Multimodal AI company MOSS AI has completed over RMB 1 billion in Pre-A round of financing to create a full-modal real-time interaction basic base (approximately USD 149 million according to Ventureburn).
Autentic AI Raises €1.5M to Accelerate Market Research
According to AIPressRoom, on October 10, 2026, Spanish startup Autentic AI raised €1.5 million in a pre-seed round led by Baobab Ventures, with Lanai Ventures, Acurio Ventures and Masia VC participating. Founded by Dani Diestre, Aniol Carreras and Jacob Bamio, the platform interviews hundreds of consumers and experts simultaneously to drastically shorten market research timelines.
KONST Raises $30M Series B to Expand AI Data Centers in Asia
On October 9, 2026, per Citybiz, Asian AI data center operator KONST raised $30 million in a Series B led by ADATA Technology to expand AI data centers across Asia.
Applied Digital reports USD 341.9 million fiscal 2026 first-quarter revenue, up 322% year over year
On 2026/10/8, FinanceFeeds reported Applied Digital’s fiscal 2026 first-quarter results for the period ending 2026/8/31: revenue of USD 341.9 million, up 322% year over year, including USD 262.8 million service revenue, up 225%, and USD 79.1 million data center leasing revenue. Signed leases covered approximately 1.41GW across five campuses, with approximately USD 36 billion base-term contracted revenue and potential revenue of approximately USD 86 billion if all renewal options were exercised.
Nous Research confirms a USD 1.5 billion valuation and launches enterprise AI agents
According to TechCrunch, on 10/8, Nous Research confirmed USD 90 million in Series B funding at a USD 1.5 billion valuation, led by Robot Ventures. NVIDIA, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital participated. It launched Hermes enterprise AI agents, emphasizing open-source models and private deployment.
ELSA Speak has approximately USD 47 million in annualized revenue and over 90 million total downloads
Pronunciation scoring app ELSA Speak has more than 90 million downloads worldwide across 195 countries. Its public annual subscription price in 2026 was USD 159.99, with a course library exceeding 7,900 lessons. The model was explicitly trained for Asian accents, with Vietnam, Indonesia, and Thailand as core markets.
EliseAI raises USD 350 million at a USD 4 billion valuation
On 2026/9/29, genztech reported that EliseAI, a US residential leasing AI company, raised USD 350 million at a USD 4 billion valuation. Investors included Andreessen Horowitz, Bessemer, Ontario Teachers', Sapphire Ventures, and Navitas Capital.
Micro1 raises over USD 100 million at a USD 4 billion valuation, up 8 times within a year
On 2026/9/23, Forbes reported that Micro1, a US AI recruiting company, raised more than USD 100 million at a USD 4 billion valuation, with its valuation increasing 8 times within a year.
UltraSight raises USD 24 million in Series B2 financing
On 2026-9-23, according to Presspool, UltraSight completed Series B2 financing, raising USD 24 million.
Airscale ARR hit $2M with 1500+ customers bootstrapped
On 2026/9/17, LinkedIn reported that France's Airscale, operating on a bootstrapped basis, reached USD 2 million in ARR and more than 1500 customers. The company remains bootstrapped.
Lüdongxinsheng completes equity financing
On 2026-09-16, according to Xiniu Data, Lüdongxinsheng completed equity financing for an undisclosed amount. Investors were Shanghai Weilaiyongxianqiye Consulting Partnership (Limited Partnership), Shanghai Jishi Technology Partnership (Limited Partnership), Shanghai Puchuangmiaopu Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership), Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership) and others. The company is a developer of invasive brain-computer interface chips.
Muchuan Technology completes equity financing
On 2026-09-15, according to Xiniu Data, Muchuan Technology completed equity financing for an undisclosed amount. Investors were Qidizhixing (Tianjin) Chuangye Consulting Fuwu Co., Ltd.. The company is a developer of intelligent industrial equipment and noninvasive EEG technology.
Youdasiqiche completes equity financing
On 2026-08-28, according to Xiniu Data, Youdasiqiche completed equity financing for an undisclosed amount. Investors were Zhuhai Youhang Technology Co., Ltd.. The company is a developer and manufacturer of intelligent driving sensing sensors.
Haiyanjingwei completes equity financing
On 2026-08-27, according to Xiniu Data, Haiyanjingwei completed equity financing for an undisclosed amount. Investors were Yanyuan Innovation (Beijing) Technology Fuhuaqi Co., Ltd.. The company is a developer of minimally invasive surgical robots and AI medical software.
Vasion reaches USD 100 million in ARR
On 2026/8/25, LinkedIn reported that Vasion disclosed annual recurring revenue (ARR) of USD 100 million in the AI Productivity sector.
Mindtrix completes Pre-Series A financing
On 2026-08-24, according to Xiniu Data, Mindtrix completed Pre-Series A financing, raising RMB 350 million. The company is a developer of invasive brain-computer interface technology.
Vasion exceeds USD 100 million ARR
On 2026/8/23, LinkedIn reported that US company Vasion had disclosed ARR exceeding USD 100 million. It was strengthening its operations to support the next stage of growth.
Quanyu Intelligence completes seed financing
On 2026-08-21, according to Xiniu Data, Quanyu Intelligence completed seed financing, raising tens of millions of RMB. Investors were lead investor Zhaoshangju Venture Capital, participating investor Shendan Venture Capital, participating investor Sanqihuyu, participating investor Tongxuecun Venture Capital. The company is a developer of non-invasive brain-computer interface foundation large models.
Baoyue Technology completes seed financing
On 2026-08-18, according to Xiniu Data, Baoyue Technology completed seed financing, raising RMB 10 million. The company is a developer of consumer non-invasive brain-computer interface technology.
Decagon reaches USD 100 million in ARR, focusing on speed and product quality
On 2026/8/12, Newcomer reported that Decagon, a US AI customer service agent company, reached USD 100 million in ARR, focusing on speed and product quality. The company emphasizes product quality.
ProHance hit $20M ARR bootstrapped
On 2026/8/11, YouTube reported that ProHance, an Indian employee experience analytics platform, reached USD 20 million in ARR while operating on a bootstrapped basis. The company is an employee experience analytics team.
Acrab completes Series B financing
On 2026-08-06, according to Xiniu Data, Acrab completed Series B financing, raising USD 130 million. Investors were Vertex Growth Fund, Vertex Ventures Southeast Asia & India. The company is a provider of edge agentic AI computing platforms.