News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Tricentis reaches USD 500 million ARR
On 2026/5/16, LinkedIn reported that US enterprise software testing platform Tricentis had reached USD 500 million ARR, a substantial increase from approximately USD 300 million four years earlier.
weights.gg is acquired
On 2026-5-16, according to Xiniu Data, weights.gg was acquired for an undisclosed amount. Investors were OpenAI.
Zhongke Data completes Series A funding with an undisclosed amount
On 2026/5/16, Xiniu Data reported that Zhongke Data completed Series A funding for an undisclosed amount. Investors included Beijing Zhongke Guoshi Research Center, Zhongke Digital Group, and others. The company provides AI and big data services.
Anthropic raises USD 30 billion in late-stage financing
On 2026-05-15, according to Xiniu Data, Anthropic completed late-stage financing, raising USD 30 billion. Investors were co-lead investor Dragoneer, co-lead investor Greenoaks, co-lead investor Hongshan Capital, co-lead investor Altimeter Capital. The company is a developer of U.S. AI systems.
Armeta reaches USD 1.2 million in ARR three months after launch
On 2026/5/15, LinkedIn reported that Armeta, a US AI data platform for industrial engineering drawings, reached USD 1.2 million in ARR just three months after launch. The milestone was announced at Alchemist Accelerator's demo day.
Atech raises USD 800,000 in seed financing
On 2026-5-15, according to Xiniu Data, Atech completed seed financing, raising USD 800,000. Investors were Lovable, a16z Scout Fund, Sequoia Scout Fund, Nordic Makers.
Boyinhechuang raises RMB 300 million in Pre-Series A financing
On 2026-5-15, according to Xiniu Data, Boyinhechuang completed Pre-Series A financing, raising RMB 300 million. Investors were Yuanhechenkun, Boyuan Capital, Boshi Venture Capital, Yuanhe Holdings and others.
Remote reaches USD 300 million ARR and positive cash flow
On 2026/5/15, Upstarts Media reported that US global employment and payroll platform Remote had reached USD 300 million ARR and positive cash flow, marking a transition to scaled operations for the cross-border HR technology company.
Saile completes seed financing of USD 2.2 million
On 2026-5-15, according to Xiniu Data, Saile completed seed financing of USD 2.2 million. Investors were lead investor Matchstick Ventures and participating investor Headwater Ventures. The company is a US healthcare talent recruitment and credentialing platform.
Treinta exceeds USD 12 million in ARR, growing 7 times year over year
On 2026/5/15, LinkedIn reported that Treinta, a Colombian financial platform for Latin American micro and small businesses, exceeded USD 12 million in ARR, growing 7 times year over year and adding a business customer every 79 seconds on average.
VIDA completes an IPO
On 2026-05-15, according to Xiniu Data, VIDA completed an IPO. The company is a provider of solutions for U.S. AI voice automation.
Wave Connect reaches USD 1.5 million ARR
On 2026/5/15, LinkedIn reported that Canadian digital business card and contact management platform Wave Connect had grown ARR from USD 250 thousand to USD 1.5 million, without venture capital or paid advertising throughout its development.
10x Lab reaches USD 2 million annualized revenue
On 2026/5/14, X reported that AI-native mobile app development platform 10x Lab, founded by Blake Anderson, had reached USD 2 million annualized revenue. It helps users create and publish iOS apps through natural language. It did not disclose funding or valuation.
AIAI Holdings completes an IPO
On 2026-5-14, according to Xiniu Data, AIAI completed an IPO, raising an undisclosed amount.
CBRS completes an IPO
On 2026-05-14, according to Xiniu Data, CBRS completed an IPO. The company is a developer of AI chip design.
Cruva has approximately USD 5 million in ARR and is profitable
On 2026/5/14, LinkedIn reported that Cruva, a US TikTok Shop brand operations automation platform, had approximately USD 5 million in ARR. It grew with its own funding and had become profitable.
Feika Technology raises millions of RMB in seed financing
On 2026-05-14, according to Xiniu Data, Feika Technology completed seed financing, raising millions of RMB. Investors were Suzhou Nanhuiyuesheng Venture Capital Partnership (Limited Partnership), Suzhou Heyi Enterprise Management Partnership (Limited Partnership). The company is a developer of content spatial generation AI products.
Fuan Intelligence raises tens of millions of RMB in seed financing
On 2026-05-14, according to Xiniu Data, Fuan Intelligence completed seed financing, raising tens of millions of RMB. Investors were co-lead investor Xiaomiaolangcheng, co-lead investor Tianji Capital, Jianyanyuan, Fudankechuang and others. The company is a developer of the LASPAI intelligent materials computing platform.
Glitter AI reaches USD 10 thousand monthly revenue, equivalent to USD 120 thousand ARR
On 2026/5/14, LinkedIn reported that US AI process documentation tool Glitter AI had reached USD 10 thousand monthly revenue, equivalent to approximately USD 120 thousand annualized ARR. It converts spoken descriptions directly into illustrated SOPs.
Huhu Technology raises an undisclosed amount in angel financing
On 2026-5-14, according to Xiniu Data, Huhu Technology completed angel financing, raising an undisclosed amount.
LiberAI raises hundreds of millions of RMB in angel financing
On 2026-05-14, according to Xiniu Data, LiberAI completed angel financing, raising hundreds of millions of RMB. Investors were Beijing Longzhuguquan Investment Fund Partnership (Limited Partnership), Shunwei Capital, Zhenge Fund, Hongshan China and others. The company is a developer of embodied intelligence and physical world models.
Lingyu Intelligence raises RMB 100 million in angel financing
On 2026-05-14, according to Xiniu Data, Lingyu Intelligence completed angel financing, raising RMB 100 million. Investors were lead investor Shenzhen City Futian Capital Yunying Group Co., Ltd., Shenzhen City Lihe Venture Capital Co., Ltd., Yibinchangbojinyiguquan Investment Partnership (Limited Partnership), Hainan Fuliduo Enterprise Management Partnership (Limited Partnership) and others. The company is a provider of high-precision physical-world data infrastructure.
Melius reaches USD 1 million in ARR
On 2026/5/14, X reported that AI creative workflow platform Melius reached USD 1 million in ARR, using agents to turn creative ideas into executable content. The company did not disclose funding or valuation.
Miter reaches tens of millions of US dollars ARR
On 2026/5/14, LinkedIn reported that US contractor HR, project and financial management platform Miter had reached tens of millions of US dollars ARR, approximately USD 20 million at the minimum, serving thousands of customers.