News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Energy storage company Yuanli Energy completes Series A financing of hundreds of millions of RMB
On 2026-10-20, according to 36Kr, energy storage company Yuanli Energy completed Series A financing of hundreds of millions of RMB, with Hefei Renchuang Phase Four Venture Capital and Hefei Renxin Venture Capital participating.
Town completes USD 108 million Series B financing to build a team AI assistant
On 2026-10-19, according to Town, team AI assistant company Town completed USD 108 million Series B financing; investors include Forerunner Ventures, Menlo Ventures, First Round Capital and others.
AI accounting company Doug's completes USD 50 million financing
According to AIPressRoom, AI accounting company Doug's completed USD 50 million financing.
Restaurant AI-agent company Kutlerri.ai raises USD 4 million
Restaurant AI-agent company Kutlerri.ai completed USD 4 million in funding from Narahari Investments to equip every restaurant with an AI-agent team.
AI drug company Iambic Therapeutics completes USD 150 million IPO at USD 16 per share
AI drug company Iambic Therapeutics completed a USD 150 million IPO at USD 16 per share, listing on the US stock market.
Harbin Institute of Technology-linked embodied AI company Ruoyu Technology raises hundred-million-yuan-scale Pre-A funding led by Sunway Communication
Harbin Institute of Technology-linked embodied AI company Ruoyu Technology completed hundred-million-yuan-scale Pre-A funding led by Sunway Communication for embodied robot R&D.
Industrial AI-agent company Evos raises USD 9 million in Pre-Seed funding
Industrial AI-agent company Evos completed USD 9 million in Pre-Seed funding from Uncork Capital, Field Ventures and others.
Optical switching chip company Salience Labs raises USD 125 million Series B
Optical chip company Salience Labs completed USD 125 million in Series B funding to commercialize leading all-optical switching technology.
Autonomous attack-agent security company CodeWall raises USD 4 million in Pre-Seed funding
Autonomous attack-agent security company CodeWall completed USD 4 million in Pre-Seed funding for autonomous attack agents in enterprise security.
Generative audio company Sonilo raises USD 11 million
Generative audio company Sonilo completed USD 11 million in funding to advance generative audio technology.
Healthcare operations AI company Confido Health raises USD 12.5 million led by Z47
Healthcare operations AI company Confido Health completed USD 12.5 million in funding led by Z47 to expand its healthcare operations AI-agent platform.
Hospital staffing AI company Vitalize raises USD 31 million
Hospital staffing AI company Vitalize completed USD 31 million in funding to expand hospital workforce-scheduling AI.
Physical-world model computing company Flexcompute completes strategic investment
Physical-world model computing company Flexcompute completed strategic investment; the amount was not disclosed.
Sales-coaching AI company Othello raises USD 8 million in seed funding
Sales-coaching AI company Othello completed USD 8 million in seed funding from a16z speedrun, Owl Capital and others.
Targeted RNA drug company Undecimal Bio raises EUR 16 million in seed funding
Targeted RNA drug company Undecimal Bio completed EUR 16 million in seed funding from 4BIO Capital, IQ Capital and others.
Embodied AI company Xingchen Zhineng raises CNY 1 billion at CNY 15 billion valuation
Embodied AI company Xingchen Zhineng completed CNY 1 billion in new funding at a CNY 15 billion valuation, led by Toukong Donghai.
Jobright grows from $1M to $10M ARR in 10 months, launches AI Recruiter
On October 13, 2026, according to LinkedIn, Eric (Yuan) Cheng, co-founder of U.S.-based AI recruiting platform Jobright.ai, announced that the company grew its annual recurring revenue (ARR) from $1M to $10M in 10 months, with 3 million U.S. professionals now using the platform. The same day, the company officially launched its employer-facing AI Recruiter product, reporting a 15% candidate reply rate (vs. 4-5% for cold outreach) and 40% moving on to interviews. 120+ companies, including Perplexity, MediaTek, OpenArt AI and Qualified Health, have hired through Jobright.
Weather AI company Tianxu Zhineng raises tens of millions of yuan in Pre-A+ funding exclusively from Houxue Capital
Weather AI company Tianxu Zhineng completed tens of millions of yuan in Pre-A+ funding exclusively from Houxue Capital for Ningkong constellation construction and vertical world-model iteration.
Oula Wanxiang Raises Hundreds of Millions RMB in Angel+ Round for Home Service Robots
According to 36Kr, on October 12, 2026, home service robot startup Oula Wanxiang completed an Angel+ round of hundreds of millions of RMB with investors including Chengyuanxiang Fund, Xinneng Venture Capital and Hongyi Capital. Founded by Zhou Shunbo, formerly a Huawei prodigy and its first embodied-AI employee, the company unveiled UniWAM, a milestone of its Action-Native Foundation Model roadmap.
Shenchuang Superconductor Raises Tens of Millions RMB in Angel Round for REBCO Tapes
According to 36Kr, on October 12, 2026, second-generation high-temperature superconductor (REBCO) tape maker Shenchuang Superconductor raised tens of millions of RMB in an Angel round from Yijun Technology, a family office of a listed company. Funds go to capacity expansion, material process iteration and upstream supply chain deepening.
SWI Group Secures €800M From Institutions at €6.1B Valuation for Transatlantic AI Buildout
According to Unite.AI, on October 12, 2026, transatlantic AI infrastructure company SWI Group secured €800 million (about $900 million) in funding from institutional investors at a valuation of €6.1 billion. The capital will expand its AI data centers and infrastructure across Europe and North America.
Xianyi Microelectronics Raises Tens of Millions RMB in Series A for High-Voltage Isolation Chips
According to 36Kr, on October 12, 2026, Shenzhen analog chip maker Xianyi Microelectronics raised tens of millions of RMB in a Series A round from Xizhou International, with IO Capital as financial advisor. The first Chinese company to break through high-reliability magnetic isolation technology, it will invest in new product R&D and channel expansion across AI infrastructure and embodied intelligence.
Zhiruijie Raises Tens of Millions RMB in Pre-A Round for Fusion Pulsed Power
According to 36Kr, on October 12, 2026, fusion supply-chain company Zhiruijie completed a Pre-A round of tens of millions of RMB; the investors were undisclosed. The funds support development of pulsed power supplies, a core component of fusion devices.
Anam Grew ARR 14x in 13 Months
On October 11, 2026, per LinkedIn, Ireland-based AI automation company Anam grew ARR 14x in the last 13 months.