News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Warp enterprise ARR grows more than 500% since the fourth quarter of 2025
On 2026/4/19, LinkedIn reported that developer tool Warp had seen enterprise demand accelerate after launching Oz. Enterprise ARR grew more than 500% from the fourth quarter of 2025, without disclosure of a specific amount. It did not disclose funding or valuation.
Factory doubles revenue month over month for six consecutive months, raises USD 150 million
On 2026/4/17, X reported that autonomous coding agent company Factory had raised USD 150 million in Series C funding at a USD 1.5 billion valuation, doubling revenue month over month for six consecutive months. It did not disclose specific investors.
Ashby grows ARR more than 100% year over year in 2025
On 2026/4/16, LinkedIn reported that recruitment software Ashby had added more than 2300 customers in 2025 and grown ARR far more than 100% year over year, without disclosing a specific amount. It did not disclose funding or valuation.
Liangkun Technology completes angel financing of hundreds of millions of RMB
On 2026-4-16, according to Xiniu Data, Liangkun Technology completed angel financing of hundreds of millions of RMB. Investors were lead investor Beijing Yingnuodingxin Venture Capital Zhongxin (Limited Partnership), Sanya Baichuanzhixin Private Equity Investment Fund Partnership (Limited Partnership), Xiamen Yaheng Venture Capital Fund Partnership (Limited Partnership), and Beijing Jishizhiying Venture Capital Zhongxin (Limited Partnership) and others. The company is a quantum AI scientific computing developer.
Aifa Intelligence completes equity financing with an undisclosed amount
On 2026/4/15, Xiniu Data reported that Aifa Intelligence completed equity financing for an undisclosed amount. Investors were Wuxi Qiji Chuangtan Zhiyuan Enterprise Management Center (Limited Partnership) and Beijing Qiji Chuangtan Phase Two Venture Investment Center (Limited Partnership). The company provides AI technology development and application services.
HiDream raises RMB 500 million in Series B financing
On 2026-04-15, according to Xiniu Data, HiDream completed Series B financing, raising RMB 500 million. Investors were Shenzhen Qianhaifuhaigongying Venture Capital Partnership (Limited Partnership), Anhui Sheng Investment Group, Fenghua Capital, Hefei Chantou and others. The company is a provider of multimodal generative AI large models.
Mintlify raises USD 45 million in Series B funding at a USD 500 million valuation
On 2026/4/15, Mintlify reported that the developer documentation platform Mintlify raised USD 45 million in Series B funding at a USD 500 million valuation, serving more than 20,000 companies. Andreessen Horowitz and other investors participated in the round.
Xingjue Robotics raises tens of millions of RMB in angel financing
On 2026-04-15, according to Xiniu Data, Xingjue Robotics completed angel financing, raising tens of millions of RMB. Investors were Shanghai Puchuangmiaopu Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership), Jinshajiang Venture Capital. The company is a developer of embodied robot brains.
Shouxu Intelligence raises an undisclosed amount in equity financing
On 2026-04-14, according to Xiniu Data, Shouxu Intelligence completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a systems integration services provider for AI industry applications.
Jishu AI raises tens of millions of RMB in angel financing
On 2026-04-13, according to Xiniu Data, Jishu AI completed angel financing, raising tens of millions of RMB. Investors were Guangdong Zhongguang Venture Capital Management Co., Ltd., Guangzhou City Senrui Technology Co., Ltd.. The company is a provider of research and development services for education-specific large models.
Mavelli grows ARR from 2 million to USD 3 million in 20 days
On 2026/4/12, LinkedIn reported that UAE consumer AI product Mavelli had reached USD 3 million ARR 5 months after launch, adding USD 1 million within three weeks. It also noted high monthly churn and shifted its focus to improving retention.
Keman Intelligence raises USD 10 million in angel financing
On 2026-4-10, according to Xiniu Data, Keman Intelligence completed angel financing, raising USD 10 million. Investors were Qifu Capital.
Mathix gains early paying users; revenue amount undisclosed
On 2026/4/10, ARR Club reported that AI math tutoring product Mathix, renamed from MathGPT.today, had gained validation from early paying users without disclosing specific revenue. It did not disclose funding or valuation.
Fleet AI grows revenue run rate from 1 million to USD 63 million in half a year
On 2026/4/9, X reported that AI computing platform Fleet AI had raised USD 45 million in Series A funding at a USD 725 million valuation and grown revenue run rate from 1 million to USD 63 million within half a year. It did not disclose specific investors.
Zernio bootstraps to USD 1 million ARR in nine months
On 2026/4/9, LinkedIn reported that unified social platform API product Zernio, founded by Miquel Palet, had reached USD 1 million ARR in under nine months through bootstrapping. It did not disclose funding or valuation.
Anhui Xinglian Artificial Intelligence raises an undisclosed amount in equity financing
On 2026-04-08, according to Xiniu Data, Anhui Xinglian Artificial Intelligence completed equity financing for an undisclosed amount. Investors were Anhui Xunfeiyunchuang Technology Co., Ltd.. The company is a developer of AI application software.
Hongxiong AI completes Series A financing of RMB 210 million
On 2026-4-7, according to Xiniu Data, Hongxiong AI completed Series A financing of RMB 210 million. Investors were lead investor Huayu Venture Capital, Geruifeng Investment, Jiawo Capital, Xuhui Capital and others. The company is an enterprise AI solutions provider.
Incognia’s ARR exceeds predecessor’s USD 10 million annual revenue
On 2026/4/5, LinkedIn reported that Brazil’s Incognia had been formed through In Loco’s transformation in 2020. Current ARR significantly exceeded its predecessor’s approximately USD 10 million in pre-pandemic annual revenue, placing the lower bound above USD 10 million. It did not disclose funding or valuation.
Ruoban Technology raises an undisclosed amount in angel financing
On 2026-4-3, according to Xiniu Data, Ruoban Technology has completed angel round financing with an amount of an undisclosed amount. Investors include Beijing Sinovation Ventures Zhichuang Equity Investment Partnership (Limited Partnership), Shenzhen Inno Technology Innovation Investment Partnership (Limited Partnership), Shenzhen Qifu Angel Private Equity Venture Capital Fund Partnership (Limited Partnership), Shunwei Capital, etc. The company is a developer of embodied intelligent robots for home use.
Gimlet Labs exceeds USD 10 million ARR, raises USD 80 million Series A
On 2026/3/31, TechCrunch reported that AI inference infrastructure company Gimlet Labs had raised USD 80 million in Series A funding, with ARR exceeding USD 10 million. It did not disclose its valuation or specific investors.
Weifen Zhifei raises hundreds of millions of RMB in Series A
On 2026-03-31, according to Xiniu Data, Weifen Zhifei completed a Series A round raising hundreds of millions of RMB. Investors included Shenzhen Capital Group, Guanghe Capital, Lenovo Capital and the CCTV Fund, among others.
Mistral AI raises USD 830 million in debt financing
On 2026-03-30, according to Xiniu Data, Mistral AI completed debt financing, raising USD 830 million. Investors were MUFG, Bpifrance, BNPP.
OpenAI officially shuts down Sora: approximately USD 2.1 million in lifetime revenue versus USD 5.4 billion in annual operating costs
OpenAI 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.
Halter raises USD 220 million in Series E funding at a USD 2 billion valuation
On 2026/3/26, Halter reported that the New Zealand virtual fencing agritech company Halter raised USD 220 million in Series E funding at a USD 2 billion valuation to accelerate global expansion, with approximately USD 34 million in ARR. It did not disclose specific investors.