News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Scope raises USD 20 million Series A, with ARR growing 9 times
On 2026/5/19, LinkedIn reported that UK inspection reporting AI platform Scope had raised USD 20 million in Series A funding. ARR grew 9 times, but absolute revenue was not disclosed. Its product can reduce inspection error rates by 95%.
SportVision completes angel financing with an undisclosed amount
On 2026-5-19, according to Xiniu Data, SportVision completed angel financing with an undisclosed amount. Investors were lead investor Gaoling Venture Capital and participating investor Qianheng Capital. The company is a sports industry digitalization service provider.
Viewz reaches USD 5 million ARR with zero voluntary churn
On 2026/5/19, LinkedIn reported that global AI financial operations platform Viewz had reached USD 5 million ARR, maintaining zero voluntary customer churn and strong retention.
Weimozhixue raises RMB 12 million in equity financing
On 2026-05-19, according to Xiniu Data, Weimozhixue completed equity financing, raising RMB 12 million. The company is a provider of AI software and big data services.
Wutonggankong raises an undisclosed amount in Series A+ financing
On 2026-5-19, according to Xiniu Data, Wutonggankong completed Series A+ financing, raising an undisclosed amount. Investors were Huafuchengchang Investment.
Zhongzhengtiyu completes equity financing with an undisclosed amount
On 2026-5-19, according to Xiniu Data, Zhongzhengtiyu completed equity financing with an undisclosed amount. Investors were Kunshantianshi Phase Two Investment Fund Partnership (Limited Partnership) and Kunshanhui Venture Capital Zi Co., Ltd. The company is an artificial intelligence development and digitalization application service provider.
Codédex reaches USD 1 million in ARR
On 2026/5/18, LinkedIn reported that Codédex, a US gamified coding education platform, reached USD 1 million in ARR, teaching beginners through pixel-art quest-based courses.
Elephant raises EUR 5 million in equity financing
On 2026-5-18, according to Xiniu Data, Elephant completed equity financing, raising EUR 5 million. Investors were EnBW New Ventures, Wepa, Flix, home24 SE and others.
Heqingyuandong raises an undisclosed amount in equity financing
On 2026-5-18, according to Xiniu Data, Heqingyuandong completed equity financing, raising an undisclosed amount. Investors were Zhuhai Yuanhaoqiyuan Venture Capital Partnership (Limited Partnership).
LawX reaches EUR 1 million in ARR and raises EUR 7.5 million
On 2026/5/18, LinkedIn reported that LawX, a German legal workflow AI platform, reached EUR 1 million in ARR and raised EUR 7.5 million while rapidly launching its product.
Lüdongjiepai raises RMB 10 million in equity financing
On 2026-5-18, according to Xiniu Data, Lüdongjiepai completed equity financing, raising RMB 10 million. Investors were Tiankonggongchang Venture Capital Fund.
Naosi Technology raises USD 10 million in angel financing
On 2026-5-18, according to Xiniu Data, Naosi Technology completed angel financing, raising USD 10 million. Investors were Kangjun Capital, Lanchi Venture Capital, Fujian Capital.
Optura completes Series A financing of USD 17.5 million
On 2026-5-18, according to Xiniu Data, Optura completed Series A financing of USD 17.5 million. Investors were Echo Health Ventures, Susa Capital, Matrix Partners, and HC9 Ventures and others. The company is an US enterprise healthcare AI platform provider.
Qiannao Technology raises tens of millions of RMB in seed financing
On 2026-05-18, according to Xiniu Data, Qiannao Technology completed seed financing, raising tens of millions of RMB. The company is a developer of non-invasive brain-computer interface medical technology.
Tencent Music completes Ximalaya acquisition, making it a wholly owned subsidiary
On 2026/5/18, Tencent Music announced formal closing of its Ximalaya acquisition. Equity securities held by relevant Ximalaya shareholders and employee share plans were canceled in exchange for up to USD 1.26 billion cash and up to 175 million Tencent Music Class A ordinary shares. Ximalaya became its wholly owned subsidiary.
Wujinfangzhou raises tens of millions of RMB in seed financing
On 2026-05-18, according to Xiniu Data, Wujinfangzhou completed seed financing, raising tens of millions of RMB. Investors were lead investor Monolith, participating investor Boyu Capital, participating investor Jiuhe Venture Capital, participating investor Weilaiguangzhui. The company is a developer of AI-powered anti-aging drugs.
Soundverse reaches USD 1 million in ARR
On 2026/5/17, LinkedIn reported that Soundverse, a US generative AI music platform, reached USD 1 million in ARR. It generates customized royalty-free music for creators.
Third Way Health reaches eight-figure US dollar ARR
On 2026/5/17, LinkedIn reported that US medical billing and clinic workflow platform Third Way Health had reached eight-figure US dollar ARR, approximately USD 10 million at the minimum.
Yijiezhichuang raises an undisclosed amount in equity financing
On 2026-05-17, according to Xiniu Data, Yijiezhichuang completed equity financing for an undisclosed amount. Investors were Yangguangdianyuan Co., Ltd., Shanghai Xinlianqichen Private Investment Fund Partnership (Limited Partnership), Ningbo City Integrated Circuits Industry Fund Management Co., Ltd.. The company is a developer of intelligent robots.
Feikuo Technology completes strategic financing with an undisclosed amount
On 2026/5/16, Xiniu Data reported that Feikuo Technology completed strategic financing for an undisclosed amount. The investor was Zhongqing Robotics. The company provides scenario-specific embodied intelligence solutions for robots.
HockeyStack reaches eight-figure US dollar ARR five years after founding
On 2026/5/16, LinkedIn reported that US B2B revenue attribution and GTM analytics platform HockeyStack had reached eight-figure US dollar ARR five years after founding, approximately USD 10 million at the minimum.
Langdock reaches USD 30 million ARR
On 2026/5/16, LinkedIn reported that German enterprise AI platform Langdock had reached USD 30 million ARR, well above USD 4 million a year earlier, and added more than USD 5 million ARR in 2026/4 alone.
Movable Ink exceeds USD 100 million ARR and achieves EBITDA profitability
On 2026/5/16, LinkedIn reported that US marketing personalization platform Movable Ink had exceeded USD 100 million ARR and achieved EBITDA profitability, serving more than 500 enterprise customers with an NPS of 72.
SavvyNomad grows ARR from USD 1 million to USD 2 million in six months
On 2026/5/16, LinkedIn reported that US digital nomad immigration and tax platform SavvyNomad had reached USD 2 million ARR, doubling from USD 1 million within six months.