News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Presto Raises USD 10M in Strategic Financing
On September 28, 2026, US-based Presto raised USD 10 million in a strategic financing from investors affiliated with Remus Capital. The company builds voice AI ordering agents for drive-thru restaurants.
p°Motion completes Series A financing
On 2026-09-28, according to Xiniu Data, p°Motion completed Series A financing for an undisclosed amount. Investors were Cobalt Capital, Soul Ventures, Canaan Ventures, WME Group, Nimble Ventures. The company is a U.S. AI biomechanics prediction platform.
Quartermaster Raises $140M Series B to Expand Maritime Awareness Network
On September 28, 2026, per TechCrunch, maritime intelligence startup Quartermaster closed a $140M Series B, with about $100M in equity from Insight Partners, Overmatch Ventures and existing backer First Round Capital, plus a $40M debt facility from Stifel. The company builds real-time maritime awareness and vessel safety data networks; founder and CEO Neil Sobin leads product and the maritime data network.
SiMa.ai raises USD 150 million at USD 1.45 billion valuation
On 2026/9/28, AIUnderstanding reported that US edge AI chip company SiMa.ai had raised USD 150 million at a USD 1.45 billion valuation.
The 5 Fastest-Growing Companies of the Week (September 28, 2026)
On 2026/9/28, ARR Club reported that Fomo, a US social platform, reached USD 500 million in ARR. The company is a social platform, and its user base continues expanding.
Tujian Technology raises RMB 100 million in Pre-Series A financing
On 2026-09-28, according to Xiniu Data, Tujian Technology completed Pre-Series A financing, raising RMB 100 million. Investors were lead investor Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership). The company is a provider of innovative tactile sensing solutions.
TypeSafe ARR hit $100M within 7 days
On 2026/9/28, X reported that US company TypeSafe reached USD 100 million in ARR within 7 days. The developer tools startup serves developers and engineering teams.
Weihengqiyuan completes equity financing
On 2026-09-28, according to Xiniu Data, Weihengqiyuan completed equity financing for an undisclosed amount. Investors were Fengzhangqingyu Investment (Ningbo) Partnership (Limited Partnership), Hangzhou Hengshengshuzhiqiyuanguquan Investment Partnership (Limited Partnership), Hangzhou Runmiao Fund Phase One Venture Capital Partnership (Limited Partnership), Ningbo Donghexingyueziyouzijin Investment Partnership (Limited Partnership), Hangzhou Kunpenghualong Enterprise Management Partnership (Limited Partnership). The company is a developer of 3D AI on-device inference LPU chips.
XinYun Biotech Secures Tens of Millions RMB in Angel+ Round
On September 28, 2026, Suzhou-based XinYun Biotech, developer of AI-powered cerebrovascular interventional ultrasound diagnostic systems, raised tens of millions of RMB in an Angel+ round backed by Delian Capital, Zhongguancun Capital and Sanbo Brain Hospital. The company was founded by Zhao Jun.
Yuewa Innovation completes equity financing
On 2026-09-28, according to Xiniu Data, Yuewa Innovation completed equity financing for an undisclosed amount. Investors were Tongxiangyuanjingwanteguquan Investment Partnership (Limited Partnership), XVC FUND III LP. The company is a developer of embodied AI robots.
ZIGLEAP raises hundreds of millions of CNY in angel+ funding
On 2026/9/28, 36Kr reported that Chinese embodied foundation model company ZIGLEAP had raised hundreds of millions of CNY in angel+ funding, with joint investment from Linear Capital. It uses Duplex Reasoning to power embodied foundation models.
Byteful bootstraps, processes 50 billion proxy requests monthly, exceeds USD 1 million ARR
On 2026/9/27, LinkedIn reported that UK company Byteful operated through bootstrapping, processed 50 billion proxy requests monthly and had exceeded USD 1 million ARR.
Feimiyuzhou raises RMB 100 million in seed financing
On 2026-9-27, according to Xiniu Data, Fermi Universe completed its seed round of financing with an amount of RMB 100 million. The company is a developer of large quantum AI models. The company is mainly engaged in the field of artificial intelligence.
Fluidstack raises USD 1.5 billion in equity financing
On 2026-09-27, according to Xiniu Data, Fluidstack completed equity financing, raising USD 1.5 billion. Investors were lead investor Jane Street. The company is an AI data center and GPU cloud services provider.
Jingshi Technology completes Series A+ financing
On 2026-09-27, according to Xiniu Data, Jingshi Technology completed Series A+ financing for an undisclosed amount. Investors were Hebei Guangdianwuxian Media Co., Ltd., Changchunteng (Zhejiang) Venture Capital Fund Partnership (Limited Partnership), Hangzhou Kaierdahanjie Robotics Co., Ltd., Shanghai Hongrunshidai Technology Co., Ltd.. The company is a developer of highly mobile general-purpose legged robots.
OpenEvidence valuation hit $15B post $250 million funding round
On 2026/9/27, Business Insider reported that OpenEvidence, a US medical AI search company, reached a valuation of USD 15 billion after completing USD 250 million in funding.
Cognition ARR surpasses $1B in less than two years after launch
On 2026/9/26, Cognition AI reported that U.S. AI coding company Cognition had exceeded USD 1 billion in ARR less than two years after launch. The company is a leading AI coding player.
Huayuan Intelligence Secures Equity Investment
On September 26, 2026, Beijing-based Huayuan Zhiyin, an AI virtual-cell technology developer, completed an equity investment from the Global Health Industry Innovation Center. The company builds AI-driven virtual cell models to accelerate biomedical research.
Omi exceeds USD 5 million annualized revenue run rate
On 2026/9/26, Omi’s founder said on LinkedIn that the open-source AI wearable company had exceeded USD 5 million annualized revenue run rate. Previously relying mainly on organic growth, it had recently started testing paid acquisition. The original post did not separate hardware sales from subscription revenue.
Parca ARR hit $500K in six weeks
On 2026/9/26, LinkedIn reported that US company Parca reached USD 500,000 in ARR within six weeks. The observability startup is an early-stage team incubated by YC.
Qianzhang Technology completes equity financing
On 2026-09-26, according to Xiniu Data, Qianzhang Technology completed equity financing for an undisclosed amount. Investors were Shanghai Moqin Intelligence Technology Co., Ltd., Zhuhai Dehu Investment Zhongxin (Limited Partnership). The company is a developer of whole-body foundation models for humanoid robots.
Dongfangjuzhi completes angel financing
On 2026-9-25, according to Xiniu Data, Dongfangjuzhi completed angel financing with an undisclosed amount. The company is an artificial intelligence entrepreneurship and innovation service platform. The company mainly engages in artificial intelligence businesses.
Lovable ARR surpasses $600M
On 2026/9/25, NDTV Profit reported that Lovable, a Swedish AI programming platform, surpassed USD 600 million in ARR. A leading AI programming company, it continues growing rapidly.
Precision Neuroscience raises USD 250 million in Series D financing
On 2026-09-25, according to Xiniu Data, Precision Neuroscience completed Series D financing, raising USD 250 million. Investors were Pershing Square, lead investor Ackman Oxman Institute, other lead investors, Duquesne Family Office, ARK Invest and others. The company is a U.S. brain-computer interface company.