News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Duoyi Technology raises an undisclosed amount in equity financing
On 2026-4-29, according to Xiniu Data, Duoyi Technology completed equity financing, raising an undisclosed amount. Investors were Hangzhou Gaoxinfengqiwutongguquan Investment Partnership (Limited Partnership).
Flye reaches USD 8 million ARR
On 2026/4/29, LinkedIn reported that AI sales platform Flye had reached USD 8 million ARR, providing lead matching, personalized outreach and sales automation. It did not disclose funding or valuation.
FORMAS.AI raises USD 3.98 million in seed financing
On 2026-4-29, according to Xiniu Data, FORMAS.AI completed seed round financing with an amount of USD 3.98 million. Investors are led by Vertex Ventures Southeast Asia India, UntroD Capital, Hustle Fund, Big Sky Capital, etc. Company designs platform for artificial intelligence in Singapore.
Intercom exceeds USD 400 million ARR, Fin reaches USD 100 million ARR
On 2026/4/29, LinkedIn reported that customer service software company Intercom had exceeded USD 400 million overall ARR, including USD 100 million ARR for AI customer service product Fin. It did not disclose its latest funding or valuation.
Leap Mind Growth raises an undisclosed amount in angel financing
On 2026-4-29, according to Xiniu Data, Leap Mind Growth completed angel financing, raising an undisclosed amount. Investors were CMC Capital.
Lingxin Qiaoshou completes Series B+ financing with an undisclosed amount
On 2026-4-29, according to Xiniu Data, Lingxin Qiaoshou completed Series B+ financing with an undisclosed amount. Investors were Zhongguancun Science City, BOC Asset, Yuxin Technology, Bojia Capital and others. The company is a developer of dexterous hands and cloud intelligent-brain embodied intelligence platforms.
Manifest OS raises USD 60 million in Series A financing
On 2026-4-29, according to Xiniu Data, Manifest OS completed Series A financing, raising USD 60 million. Investors were Menlo Ventures, KPCB, First Round, Quiet Capital.
MemoraX AI completes equity financing with an undisclosed amount
On 2026/4/29, Xiniu Data reported that MemoraX AI completed equity financing for an undisclosed amount. The investor was Guangzhou Bofeng Investment Consulting Co., Ltd. The company provides an AI memory technology platform.
Paraform grows revenue 10 times in 2025
On 2026/4/29, YouTube reported that recruitment platform Paraform, founded by John Kim, had grown revenue 10 times in 2025 without disclosing a specific amount. The USD 50 million paid to recruiters on its platform was not counted as revenue. It did not disclose funding or valuation.
Qualitate raises USD 7 million in seed financing
On 2026-4-29, according to Xiniu Data, Qualitate completed seed financing, raising USD 7 million. Investors were Crew Capital, IA Ventures.
Recursive Superintelligence raises USD 650 million in angel financing
On 2026-04-29, according to Xiniu Data, Recursive Superintelligence completed angel financing, raising USD 650 million. Investors were lead investor Google Ventures, participating investor Yingweida, participating investor AMD, participating investor Greycroft. The company is a provider of artificial general intelligence technology services.
SageContent reaches USD 1 million ARR in eight months
On 2026/4/29, SageContent’s founder said it had reached USD 1 million ARR approximately eight months after founding and further exceeded USD 1.25 million the following week.
Shuyin Zhike raises tens of millions of USD in Pre-A funding
On 2026/4/29, Xiniu Data reported that Shuyin Zhike completed Pre-A funding worth tens of millions of USD. Cabio Biological Industry Investment (Wuhan) Co., Ltd. led the round, with other investors including Guangdong Kangrong Pharmaceutical Co., Ltd., Shanghai Grand NeoBay Ceyuan Venture Investment Partnership (Limited Partnership), and Ganzhou Guohui Runxin Venture Capital Fund (Limited Partnership). The company provides AI drug discovery services.
Stimuler exceeds 3 billion Indian rupees ARR
On 2026/4/29, LinkedIn reported that Indian English learning app Stimuler had exceeded 3 billion Indian rupees ARR, with paying users in more than 180 countries. It did not disclose funding or valuation.
Tanxianghaiyang raises an undisclosed amount in equity financing
On 2026-4-29, according to Xiniu Data, Tanxianghaiyang completed equity financing, raising an undisclosed amount. Investors were Qingdao Lichengbeicaishuo Technology Venture Capital Fund Partnership (Limited Partnership), Qingdao Haizhi Technology Venture Capital Fund Partnership (Limited Partnership).
Tiemaliangzishiyanshi raises an undisclosed amount in equity financing
On 2026-4-29, according to Xiniu Data, Tiemaliangzishiyanshi completed equity financing, raising an undisclosed amount. Investors were Shanghai Tieliangheyuan Enterprise Management Partnership (Limited Partnership).
Tongxin Intelligence raises an undisclosed amount in equity financing
On 2026-04-29, according to Xiniu Data, Tongxin Intelligence completed equity financing for an undisclosed amount. Investors were Tongzhi Artificial Intelligence Technology (Beijing) Co., Ltd.. The company is a developer and manufacturer of intelligent robots.
TranscEngram raises hundreds of millions of RMB in angel financing
On 2026-04-29, according to Xiniu Data, TranscEngram completed angel financing, raising hundreds of millions of RMB. Investors were Zhengdazhiyao Investment (Beijing) Group Co., Ltd., Shanghai Zhangjiangsuifeng Phase Two Venture Capital Partnership (Limited Partnership), Shanghai Puchuanglingke Enterprise Management Partnership (Limited Partnership), Zhangjianggaoke and others. The company is a developer of AI large-model technology.
Xiaoyou Zhixin completes angel funding with an undisclosed amount
On 2026/4/29, Xiniu Data reported that Xiaoyou Zhixin completed angel funding for an undisclosed amount. The investor was Shenzhen Youwang AI Partnership (Limited Partnership). The company provides intelligent large-model solutions for on-device scenarios.
Zhaochi subsidiary Funshion Online reports CNY 780 million revenue and CNY 153 million net profit in 2025
At Zhaochi’s online presentation of its 2025 results, it disclosed that subsidiary Beijing Funshion (Funshion Online) generated CNY 780 million in operating revenue in 2025 (approximately USD 108 million at an exchange rate of 7.2) and CNY 153 million in net profit. Chengxing Dream Factory produced more than 10 thousand micro-drama episodes per day.
Aureka Biotechnologies raises USD 35 million in Series A+ financing
On 2026-04-28, according to Xiniu Data, Aureka Biotechnologies completed Series A+ financing, raising USD 35 million. Investors were lead investor Hongshan China, Jingwei Venture Capital, Boyuan Capital, Wuyuan Capital and others. The company is a developer of antibody drugs using generative AI.
Balerion AI raises USD 6 million in seed financing
On 2026-04-28, according to Xiniu Data, Balerion AI completed seed financing, raising USD 6 million. Investors were Kaipenghuaying, Formation Capital, BoxGroup. The company is a provider of solutions for U.S. AI.
Fangjuxingchen raises an undisclosed amount in equity financing
On 2026-4-28, according to Xiniu Data, Fangjuxingchen completed equity financing, raising an undisclosed amount. Investors were Zhonghe Venture Capital Management Co., Ltd., Fengrun Intelligence Zhuangbei Co., Ltd., Shaanxi Wentouzhijing Enterprise Management Partnership (Limited Partnership).
Fengyun Technology raises an undisclosed amount in angel financing
On 2026-4-28, according to Xiniu Data, Fengyun Technology completed angel financing, raising an undisclosed amount. Investors were Senma Group Co., Ltd.