News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Cherry Studio completes seed financing of several million US dollars
On 2026/4/18, Xiniu Data reported that Cherry Studio completed seed financing of several million US dollars. Investors were Wuyuan Capital and Guanghe Venture Capital. The company develops a cross-platform, multi-model AI desktop client.
Cursor reaches USD 2 billion in ARR and plans to raise nearly USD 2 billion
On 2026/4/18, TechCrunch reported that AI coding company Cursor had reached USD 2 billion in ARR and was discussing nearly USD 2 billion in funding at a proposed pre-money valuation of USD 50 billion. The funding had not yet been completed.
Loop grows revenue 10 times, raises USD 95 million Series C
On 2026/4/18, LinkedIn reported that logistics payment platform Loop had raised USD 95 million in Series C funding, growing revenue 10 times in the past year. Total funding reached USD 210 million after the round, serving more than 300 businesses. It did not disclose valuation.
Wealth.com raises USD 65 million in Series B financing
On 2026-4-18, according to Xiniu Data, Wealth.com completed Series B financing, raising USD 65 million. Investors were Titanium Ventures, Pruven Capital, The K Fund, Dynasty Financial Partners and others.
Zenskar grows revenue 5 times and raises USD 15 million in Series A funding
On 2026/4/18, X reported that AI billing platform Zenskar raised USD 15 million in Series A funding, co-led by Susquehanna and other investors, with revenue growing 5 times over the past year. It did not disclose its valuation.
Airwallex reaches USD 1.3 billion ARR at USD 8 billion valuation
On 2026/4/17, LinkedIn reported that Australian cross-border payment platform Airwallex had grown ARR 85% year over year to USD 1.3 billion at a USD 8 billion valuation, with nearly 90 financial licenses and more than 46 thousand US customers.
Booster Robotics raises RMB 1 billion in equity financing
On 2026-04-17, according to Xiniu Data, Booster Robotics completed equity financing, raising RMB 1 billion. Investors were co-lead investor Beijing Gaojingjian Industry Development Investment Fund (Limited Partnership), co-lead investor Beijing Jingguosheng Investment Fund (Limited Partnership), co-lead investor Huakong Fund, Lianxiangzhixing and others. The company is a developer of humanoid robots.
Factory AI raises USD 150 million in Series C financing
On 2026-04-17, according to Xiniu Data, Factory AI completed Series C financing, raising USD 150 million. Investors were lead investor Khosla Ventures, Hongshan Capital, Insight Partners, Blackstone and others. The company is a developer of agent-native software.
Factory doubles revenue month over month for six consecutive months, raises USD 150 million
On 2026/4/17, X reported that autonomous coding agent company Factory had raised USD 150 million in Series C funding at a USD 1.5 billion valuation, doubling revenue month over month for six consecutive months. It did not disclose specific investors.
Finout reaches ARR in the tens of millions of US dollars in three years
On 2026/4/17, LinkedIn reported that Israeli cloud cost management platform Finout had grown from zero to eight-figure US dollar ARR in three years, approximately USD 10 million at the lower bound, mainly through inbound demand. It had raised USD 85 million in total.
Haomiaozhikong raises tens of millions of RMB in angel financing
On 2026-04-17, according to Xiniu Data, Haomiaozhikong completed angel financing, raising tens of millions of RMB. Investors were Suzhou Rongshengxianjin Venture Capital Partnership (Limited Partnership), Anqingsonghechuangzhichengchang Venture Capital Partnership (Limited Partnership). The company is a supplier of core by-wire chassis components.
Longxiachuxing raises RMB 100 million in angel financing
On 2026-4-17, according to Xiniu Data, Longxiachuxing completed angel financing, raising RMB 100 million. Investors were Meihua Venture Capital, Xianfengchangqing, Xizhilang Group.
Manus exceeds USD 125 million ARR in under a year
On 2026/4/17, X reported that Chinese AI agent company Manus had reached USD 100 million ARR in nine months and subsequently exceeded USD 125 million. It did not disclose its latest funding or valuation.
OriginFlow raises an undisclosed amount in strategic financing
On 2026-4-17, according to Xiniu Data, OriginFlow completed strategic financing, raising an undisclosed amount. Investors were Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership), Puhuazhongxiao Phase Two (Hangzhou) Venture Capital Partnership (Limited Partnership), 58 Zhantou, Lanchi Venture Capital and others.
Shanghai Yintai Technology raises an undisclosed amount in equity financing
On 2026-04-17, according to Xiniu Data, Shanghai Yintai Technology completed equity financing for an undisclosed amount. Investors were Lansenlinfazhan Co., Ltd. (BLUE FOREST DEVELOPMENT LIMITED). The company is a provider of AI technology services.
Solidroad raises USD 25 million in Series A financing
On 2026-04-17, according to Xiniu Data, Solidroad completed Series A financing, raising USD 25 million. Investors were lead investor Hedosophia. The company is an AI human resources platform.
Somnia Lab raises USD 10 million in angel financing
On 2026-4-17, according to Xiniu Data, Somnia Lab completed angel financing, raising USD 10 million.
Wuxiangu raises an undisclosed amount in equity financing
On 2026-04-17, according to Xiniu Data, Wuxiangu completed equity financing for an undisclosed amount. Investors were Shanghai Jingyamingpei Venture Capital Partnership (Limited Partnership). The company is a developer of AI companionship application software.
Zhongkedunxu raises tens of millions of RMB in seed financing
On 2026-4-17, according to Xiniu Data, Zhongkedunxu completed seed financing, raising tens of millions of RMB. Investors were Beijing Chaoyangshouyuguquan Investment Fund Partnership (Limited Partnership), Junxi Capital, Beijing Shunxitianshi Investment Fund Partnership (Limited Partnership).
AlloyTx raises USD 40 million in Series E financing
On 2026-04-16, according to Xiniu Data, AlloyTx completed Series E financing, raising USD 40 million. Investors were co-lead investor 8VC, co-lead investor JIC Venture Growth Investments, co-lead investor Echo Capital, other lead investors, Mubadala Capital and others. The company is a provider of U.S. drug discovery services.
Baiyihuixin raises an undisclosed amount in equity financing
On 2026-4-16, according to Xiniu Data, Baiyihuixin completed equity financing, raising an undisclosed amount. Investors were Hangzhou Kunyi Private Fund Management Partnership (Limited Partnership), Nanjing Yinqianjing Venture Capital Partnership (Limited Partnership), Shanghai Xianxing Investment Management Co., Ltd., Shanghai Aowenchangying Technology Partnership (Limited Partnership).
Gizmo raises USD 22 million in Series A financing
On 2026-04-16, according to Xiniu Data, Gizmo completed Series A financing, raising USD 22 million. Investors were lead investor Shine Capital, Ada Ventures, SEEK, Global Space Ventures and others. The company is a UK AI education platform.
Hilbert raises USD 28 million in Series A financing
On 2026-4-16, according to Xiniu Data, Hilbert completed Series A financing, raising USD 28 million. Investors were a16z.
Jianzhi Robotics raises hundreds of millions of RMB in equity financing
On 2026-04-16, according to Xiniu Data, Jianzhi Robotics completed equity financing, raising hundreds of millions of RMB. Investors were co-lead investor Mayi Group, co-lead investor Jiaxingjuzigongxiang Investment Partnership (Limited Partnership), co-lead investor Wuhudelianxingchen Investment Fund Zhongxin (Limited Partnership), Shunwei Capital and others. The company is a provider of embodied intelligence data collection solutions.