Skip to content

News

Published company news and developments, with original sources and dates.

Updated from source

Funding RSS ↗
Clear
DateHeadlineCategoryAmountSource
Mar 29, 2026OpenAI officially shuts down Sora: approximately USD 2.1 million in lifetime revenue versus USD 5.4 billion in annual operating costsOpenAI officially shut down video generation product Sora on 2026/3/24, 25 months after its technical preview in 2024/2. Forbes estimated annual operating costs of up to USD 5.4 billion, compared with only approximately USD 2.1 million in revenue over its entire lifetime.——m.toutiao.com ↗
Mar 28, 2026Qingcheng.ai completes equity financingOn 2026-03-28, according to Xiniu Data, Qingcheng.ai completed equity financing for an undisclosed amount. The investor was Tsinghua University Asset Management.—Undisclosed—
Mar 27, 2026Hengxing AI completes strategic financingOn 2026-03-27, according to Xiniu Data, Hengxing AI completed strategic financing for an undisclosed amount. Investors were Hongxin Electronics.—Undisclosed—
Mar 27, 2026Rimiankaiwu completes seed financingOn 2026/3/27, according to Xiniu Data, Rimiankaiwu completed seed financing for an undisclosed amount. Investors were Wuyuefeng Kechuang and Baidu Ventures.—Undisclosed—
Mar 27, 2026Stratum raises USD 2 million in seed financingOn 2026-03-27, according to Xiniu Data, Stratum completed seed financing, raising USD 2 million.—$2M—
Mar 27, 2026Xingyi Technology raises RMB 10 million in equity financingOn 2026-03-27, according to Xiniu Data, Xingyi Technology completed equity financing, raising RMB 10 million. Investors were Shuimu Venture Capital, Shenzhoutongyu, Quanshi Capital.—RMB 10M—
Mar 27, 2026Yuehua Entertainment reports CNY 907 million revenue in 2025, up 18.6%, with CNY 64.168 million net profit attributable to shareholdersYuehua Entertainment’s 2025 CNY-denominated annual results showed 907 million yuan in full-year revenue, growing 18.63% year over year, and CNY 64.168 million in net profit attributable to shareholders, growing 36.7%. At the end of 2025 it had 64 signed artists and 55 trainees. Converted from CNY at 7.2/USD, revenue was approximately USD 126 million.——stcn.com ↗
Mar 26, 2026Doctronic grows 15 times to USD 15 million in ARR in six monthsOn 2026/3/26, LinkedIn reported that healthcare AI company Doctronic grew annualized revenue 15 times to USD 15 million within six months. It did not disclose funding or valuation.——linkedin.com ↗
Mar 26, 2026Jinghua raises tens of millions of RMB in angel financingOn 2026-03-26, according to Xiniu Data, Jinghua completed angel financing, raising tens of millions of RMB. Investors were Boyan Technology, Yingnuo Fund, Guoliangufen, Shengjingjiacheng.—Tens of millions of RMB—
Mar 26, 2026Kaizntree reaches USD 2 million in ARR, growing 25% monthlyOn 2026/3/26, X reported that supply chain AI platform Kaizntree reached USD 2 million in annual recurring revenue while maintaining 25% monthly growth. It did not disclose funding or valuation.——x.com ↗
Mar 26, 2026Lancun Technology raises tens of millions of RMB in angel financingOn 2026-03-26, according to Xiniu Data, Lancun Technology completed angel financing, raising tens of millions of RMB. Investors were Fanchuang Capital, Shenran Investment.—Tens of millions of RMB—
Mar 26, 2026Linq reaches USD 8 million ARR, adding USD 1 million each monthOn 2026/3/26, X reported that AI messaging agent company Linq had raised USD 20 million, reached USD 8 million ARR and was adding approximately USD 1 million monthly. It did not disclose its valuation.—$20Mx.com ↗
Mar 26, 2026Nango has approximately USD 3 million ARR, raises USD 7.5 millionOn 2026/3/26, Nango reported that the integration platform had raised USD 7.5 million led by Gradient, with approximately USD 3 million ARR.—$7.5Mnango.dev ↗
Mar 26, 2026PointOne grows revenue 10 times in half a year, raises USD 16 million Series AOn 2026/3/26, Point One reported that legal timekeeping AI platform PointOne had raised USD 16 million in Series A funding, growing revenue 10 times over the past six months. It did not disclose valuation.—$16Mpointone.com ↗
Mar 26, 2026Rabyte raises RMB 200 million in Series A financingOn 2026-03-26, according to Xiniu Data, Rabyte completed Series A financing, raising RMB 200 million. Investors were Guangfaqianhe, Hongshan China, Qingkechuangye, Qiming Venture Capital and others.—RMB 200M—
Mar 26, 2026Shield AI completed USD 2 billion Series G financing, valued at USD 12.7 billionOn 2026-3-26, according to Shield AI Guanfang, Shield AI completed USD 2 billion Series G financing, valued at USD 12.7 billion.—$2Bshield.ai ↗
Mar 26, 2026StoReel raises USD 34 million in equity financingOn 2026-03-26, according to Xiniu Data, StoReel completed equity financing, raising USD 34 million. Investors were The Venture Reality Fund, Play Ventures.—$34M—
Mar 26, 2026Vyro reaches USD 25 million ARROn 2026/3/26, The Pixel Pakistan reported that Pakistani AI imaging company Vyro had reached USD 25 million in annual recurring revenue. It did not disclose funding or valuation.——thepixelpakistan.com ↗
Mar 26, 2026Wandianlüxing raises RMB 100 million in Pre-Series A financingOn 2026-03-26, according to Xiniu Data, Wandianlüxing completed Pre-Series A financing, raising RMB 100 million. Investors were Toutoushidao, Caitong Capital, Dunhongzichan, Yuanshuo Fund.—RMB 100M—
Mar 26, 2026Xanadu lists through a SPAC, raising USD 302 million in total IPO proceedsOn 2026-3-26, according to Xanadu official report, Xanadu lists through a SPAC, raising USD 302 million in total IPO proceeds.—$302Mxanadu.ai ↗
Mar 25, 2026Amity Solutions raises USD 100 million in Series D financingOn 2026-03-25, according to Xiniu Data, Amity Solutions completed Series D financing, raising USD 100 million.—$100M—
Mar 25, 2026Deccan AI completes Series A financing of USD 25 millionOn 2026-3-25, according to Xiniu Data, Deccan AI completed Series A financing of USD 25 million. Investors were A91 Partners, Prosus Ventures, and SIG Hainayazhou.—$25M—
Mar 25, 2026Dingxizhichuang completes angel financingOn 2026-03-25, according to Xiniu Data, Dingxizhichuang completed angel financing for an undisclosed amount. Investors were Shanghai Guotou, Jingtai Technology.—Undisclosed—
Mar 25, 2026Highlight AI raises USD 40 million in Series A financingOn 2026-03-25, according to Xiniu Data, Highlight AI completed Series A financing, raising USD 40 million. Investors were Khosla Ventures.—$40M—

Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology