News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗DCG raises an undisclosed amount in equity financing
On 2026-05-10, according to Xiniu Data, DCG completed equity financing for an undisclosed amount. Investors were Shanghai Younameite Management Consulting Partnership (Limited Partnership), Fujian Guangwangwenhua Industrial Investment Partnership (Limited Partnership). The company is a provider of comprehensive AIGC technology services for publishing.
Hamsa reaches seven-figure US dollar ARR one year after launch
On 2026/5/10, LinkedIn reported that Arabic speech AI company Hamsa reached seven-figure US dollar ARR one year after launch, approximately USD 1 million on a lower-bound basis, and built an eight-figure US dollar sales pipeline. It did not disclose funding or valuation.
Mono approaches USD 50 thousand ARR within 90 days of launch
On 2026/5/10, LinkedIn reported that AI product Mono had approached USD 50 thousand ARR within 90 days of launch. Growth came mainly from user upgrades and referrals. It did not disclose funding or valuation.
MySivi grows ARR from USD 2 million to more than USD 10 million within seven months
On 2026/5/10, LinkedIn reported that Indian AI English learning app MySivi had grown ARR from USD 2 million to more than USD 10 million within seven months, with more than 10 million downloads. It did not disclose funding or valuation.
Noble reaches USD 2.5 million in ARR within seven months
On 2026/5/10, LinkedIn reported that AI sales product Noble grew from zero to USD 2.5 million in ARR within seven months. The company did not disclose funding or valuation.
PosterChild AI reaches USD 750,000 in ARR
On 2026/5/10, LinkedIn reported that nonprofit content platform PosterChild AI reached USD 750,000 in ARR. It did not disclose funding or valuation.
Reflex reaches USD 700,000 in monthly revenue, corresponding to USD 8.4 million annualized
On 2026/5/10, LinkedIn reported that physical AI inference platform Reflex reached USD 700,000 in MRR within 30 days, corresponding to USD 8.4 million in annualized revenue. It did not disclose funding or valuation.
Serri approaches USD 1 million ARR
On 2026/5/10, LinkedIn reported that conversational AI platform Serri had approached USD 1 million ARR, reaching more than 250 million users in more than 13 countries. It did not disclose funding or valuation.
Turing exceeds USD 300 million ARR at valuation above USD 2.2 billion
On 2026/5/10, LinkedIn reported that AI talent platform Turing had exceeded USD 300 million ARR at a valuation exceeding USD 2.2 billion. Its talent network covered more than 4 million professionals. It did not disclose its latest funding.
Dex AI raises USD 5.3 million in angel financing
On 2026-05-09, according to Xiniu Data, Dex AI completed angel financing, raising USD 5.3 million. Investors were Notion Capital, Andreessen Horowitz, Concept Ventures. The company is a provider of British AI recruitment services.
GetViktor exceeds USD 15 million ARR in approximately 10 weeks
On 2026/5/9, LinkedIn reported that AI collaboration tool GetViktor had reached USD 15 million ARR in approximately 10 weeks. It did not disclose funding or valuation.
Xiaoyuzhizao raises hundreds of millions of RMB in Series B+ financing
On 2026-05-09, according to Xiniu Data, Xiaoyuzhizao completed Series B+ financing, raising hundreds of millions of RMB. Investors were Beiqichantou, Fuxingruizheng, Jianfaxinxing, Huayetiancheng and others. The company is a developer and manufacturer of general-purpose embodied AI robots.
Yuntu Zhixing completes equity financing with an undisclosed amount
On 2026/5/9, Xiniu Data reported that Yuntu Zhixing completed equity financing for an undisclosed amount. Investors were Bi'an Shidai Technology Holdings Co., Ltd., Qingdao Yinshan Venture Capital Fund Partnership (Limited Partnership), Anhui Chengtang Digital Intelligence Creative Equity Investment Fund Partnership (Limited Partnership), and Shanghai Jingya Mingpei Venture Investment Partnership (Limited Partnership). The company provides global spatial intelligence digital infrastructure services.
Ziran Yizhi completes equity financing for an undisclosed amount
On 2026-05-09, according to Xiniu Data, Ziran Yizhi completed equity financing for an undisclosed amount. Investors were Hangzhou Huafang Chuangliang Investment Management Co., Ltd. and Oasis Capital. The company develops general-purpose embodied intelligence brain technology.
Basata completes Series A financing of USD 21 million
On 2026-5-8, according to Xiniu Data, Basata completed Series A financing of USD 21 million. Investors were lead investor Basis Set Ventures, Cowboy Ventures, PHX Ventures, and Zenda Capital and others. The company is an US AI healthcare operations services provider.
Corgi raises USD 160 million Series B at USD 1.3 billion valuation, reaches USD 100 million ARR
On 2026/5/8, Forbes reported that insurtech company Corgi had raised USD 160 million in Series B funding at a USD 1.3 billion valuation and reached USD 100 million ARR. Including its earlier USD 108 million Series A, disclosed total funding exceeded USD 268 million.
EVAS Intelligence raises hundreds of millions of RMB in strategic financing
On 2026-05-08, according to Xiniu Data, EVAS Intelligence completed strategic financing, raising hundreds of millions of RMB. Investors were China Yidonglianchang Fund. The company is a provider of general-purpose AI computing chips and solutions.
Fujian Renxing Robotics Innovation Zhongxin raises an undisclosed amount in Pre-Series A financing
On 2026-05-08, according to Xiniu Data, Fujian Renxing Robotics Innovation Zhongxin completed Pre-Series A financing for an undisclosed amount. Investors were lead investor Minqingxianminjiang Industry Yindao Fund Partnership (Limited Partnership). The company is a developer of humanoid robots.
Lingjingzhiyuan raises RMB 100 million in angel financing
On 2026-5-8, according to Xiniu Data, Lingjingzhiyuan completed angel financing, raising RMB 100 million. Investors were Xiamen Jingheliyihao Investment Partnership (Limited Partnership), Shanghai Dalinghaowanceyuanerhao Venture Capital Partnership (Limited Partnership).
Neurovia AI is acquired
On 2026-5-8, according to Xiniu Data, Neurovia AI was acquired. The investor is Robo.ai. The company is a UK developer of AI data processing and compression technology.
Stepfun raises USD 2.5 billion in equity financing
On 2026-05-08, according to Xiniu Data, Stepfun completed equity financing, raising USD 2.5 billion. Investors were Huaqin Technology, Longqi Technology, Weiergufen, Zhongxingtongxun and others. The company is a developer and application provider of general-purpose AI large models.
Tekmetric reaches USD 100 million in ARR, serving over 15,000 repair shops
On 2026/5/8, LinkedIn reported that auto repair shop software Tekmetric reached USD 100 million in ARR and served more than 15,000 repair shops. The company did not disclose funding or valuation.
Tongchuangxinghe raises RMB 8 million in angel financing
On 2026-5-8, according to Xiniu Data, Tongchuangxinghe completed angel financing, raising RMB 8 million.
Astrocade AI raises USD56 million in Series A financing
On 2026/5/7, according to Xiniu Data, Astrocade AI raised USD56 million in Series A financing. Investors included Sea, lead investor Sequoia Capital, and participating investors AI Futures Fund, NVIDIA, and others. The company provides a US AI social gaming platform.