News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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.
CodeWords raises USD 9 million in seed financing
On 2026-05-07, according to Xiniu Data, CodeWords completed seed financing, raising USD 9 million. Investors were Visionaries Club, First Minute Capital, Sequel, Illusian and others. The company is a provider of British AI automation platforms.
Fangcun Yueqian completes equity financing with an undisclosed amount
On 2026/5/7, Xiniu Data reported that Fangcun Yueqian completed equity financing for an undisclosed amount. The investor was Xiong'an Technology Innovation Seed Fund Phase One Partnership (Limited Partnership). The company provides AI agent security solutions.
Gongji Computing raises CNY 100 million in Pre-A funding
On 2026/5/7, Xiniu Data reported that Gongji Computing completed a CNY 100 million Pre-A funding round. Investors included Chunhua Jingzhi (Beijing) Equity Investment Partnership (Limited Partnership) and Bi'an Shidai Venture Investment (Tianjin) Co., Ltd., identified as lead investors, along with Guangzhou Lihe Kecheng Venture Investment Partnership (Limited Partnership), Shenzhen Lihe Zhirong Venture Investment Co., Ltd., and others. The company provides an idle computing capacity sharing platform.
Huaxi Technology completes strategic financing with an undisclosed amount
On 2026/5/7, Xiniu Data reported that Huaxi Technology completed strategic financing for an undisclosed amount. The investor was Yahua Electronics. The company develops embodied eldercare robots.
PathAI acquired by Roche as USD 1.05 billion
On 2026-5-7, according to Xiniu Data, PathAI was acquired. The investor is Roche Venture Fund. The company is a digital pathology service provider in the United States.
Pit raises USD 16 million in seed financing
On 2026-5-7, according to Xiniu Data, Pit completed seed financing, raising USD 16 million. Investors were a16z, Lakestar, Geren Investment Ren.
Shiyun Technology raises an undisclosed amount in angel financing
On 2026-05-07, according to Xiniu Data, Shiyun Technology completed angel financing for an undisclosed amount. Investors were Gongqingchengmuzhihechuang Venture Capital Partnership (Limited Partnership), Shanghai Wofuqineng Venture Capital Partnership (Limited Partnership), Xi’an Ruipeng Asset Management Co., Ltd., Ningbo Difanqixin Venture Capital Partnership (Limited Partnership) and others. The company is a developer of embodied AI robots.
Siliconflow raises RMB 10 million in equity transfer
On 2026-05-07, according to Xiniu Data, Siliconflow completed equity transfer, raising RMB 10 million. Investors were Chongqing Longze Private Equity Investment Fund Partnership (Limited Partnership). The company is a provider of AI infrastructure.
Wuwenxinqiong raises RMB 700 million in equity financing
On 2026-05-07, according to Xiniu Data, Wuwenxinqiong completed equity financing, raising RMB 700 million. Investors were co-lead investor Gaoxinjintou Group, co-lead investor Huiyuan Capital, Guoxing Capital, Qinhuai Data and others. The company is a provider of heterogeneous AI computing infrastructure.
Yixinshijie raises an undisclosed amount in strategic financing
On 2026-5-7, according to Xiniu Data, Yixinshijie completed strategic financing, raising an undisclosed amount. Investors were Gaoxing Media.
Altara raises USD 7 million in seed financing
On 2026-05-06, according to Xiniu Data, Altara completed seed financing, raising USD 7 million. Investors were Geleiluoke, Neo, BoxGroup, Liquid 2 Ventures and others. The company is a provider of solutions for U.S. AI.
Corgi Insurance raises USD 160 million in Series B financing
On 2026-05-06, according to Xiniu Data, Corgi Insurance completed Series B financing, raising USD 160 million. Investors were TCV, Leblon Capital, Kindred Ventures, Repeat VC and others. The company is a provider of U.S. AI-native full-stack insurance platforms.
ENGINEAI completes B+ financing for an undisclosed amount
On 2026/5/6, according to Xiniu Data, ENGINEAI completed B+ financing for an undisclosed amount. The company develops general-purpose humanoid robots.
Gaiya Robotics raises an undisclosed amount in equity financing
On 2026-05-06, according to Xiniu Data, Gaiya Robotics completed equity financing for an undisclosed amount. Investors were Hangzhou Gaocengcirencai Innovation Venture Capital Partnership (Limited Partnership), Hangzhou Linfengqihang Venture Capital Partnership (Limited Partnership). The company is a developer of multimodal AI sensing systems.
Guanghe Venture Capital follows on in OiiOii as it completes Pre-Series A+ funding
Guanghe Venture Capital invested in OiiOii's Pre-Series A round in 2025 and followed on in the Pre-Series A+ round in 2026, backing its ambition to build the Pixar of the AI era.
Kefu Medical completes an IPO
On 2026-5-6, according to Xiniu Data, Kovu Medical completed the IPO. The company is a provider of healthcare products and one-stop solutions.
Moonshot AI raises USD 2 billion in Series D financing
On 2026-5-6, according to Meitizonghe, Moonshot AI completed Series D financing, raising USD 2 billion.
Naohuilu raises RMB 10 million in seed financing
On 2026-5-6, according to Xiniu Data, Naohuilu completed seed financing, raising RMB 10 million. Investors were Nanshanzhanxintou.