News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Duckie reaches USD 1 million ARR four months after pivot
On 2026/4/19, LinkedIn reported that customer service AI company Duckie had pivoted from basic RAG chatbots to agent systems and grown ARR from 40 thousand to USD 1 million in four months. It did not disclose funding or valuation.
Eat Ping reaches USD 3.1 million in ARR in 13 months
On 2026/4/19, LinkedIn reported that Eat Ping, founded by Nick Singh, reached USD 3.1 million in ARR in 13 months, having accepted only angel investment and relied on founder-led marketing. It did not disclose its valuation.
Fronted ARR grows 4 times in eight months
On 2026/4/19, LinkedIn reported that Norwegian recruitment platform Fronted transitioned from founder-led sales to a professional sales team, with ARR growth of 4 times in eight months. The company did not disclose a specific amount or valuation.
Mercura reaches USD 2 million ARR in under 12 months and becomes profitable
On 2026/4/19, LinkedIn reported that Dutch sales AI company Mercura had reached USD 2 million ARR in under 12 months without a sales team and was already profitable. It did not disclose funding or valuation.
MoonBundles doubles ARR to USD 500 thousand in four months
On 2026/4/19, LinkedIn reported that French Shopify app MoonBundles had grown ARR from 250 thousand to USD 500 thousand in four months, with a team of 6 and 29% growth in the latest 30 days. It did not disclose funding or valuation.
Vibe.co reaches USD 227 million ARR, up 264% year over year
On 2026/4/19, LinkedIn reported that television advertising platform Vibe.co had USD 227 million first-quarter ARR, growing 264% year over year and 38% quarter over quarter. AI shortened development cycles by a factor of 4. It did not disclose funding or valuation.
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.
Chalkie Acquired
On 2026/4/18, Xiniu Data reported that Chalkie was acquired. The investor was OpenAI. The company provides AI education technology services in the UK.
Cherry Studio completes seed financing of several million US dollars
On 2026/4/18, Xiniu Data reported that Cherry Studio completed seed financing of several million US dollars. Investors were Wuyuan Capital and Guanghe Venture Capital. The company develops a cross-platform, multi-model AI desktop client.
Cursor reaches USD 2 billion in ARR and plans to raise nearly USD 2 billion
On 2026/4/18, TechCrunch reported that AI coding company Cursor had reached USD 2 billion in ARR and was discussing nearly USD 2 billion in funding at a proposed pre-money valuation of USD 50 billion. The funding had not yet been completed.
Loop grows revenue 10 times, raises USD 95 million Series C
On 2026/4/18, LinkedIn reported that logistics payment platform Loop had raised USD 95 million in Series C funding, growing revenue 10 times in the past year. Total funding reached USD 210 million after the round, serving more than 300 businesses. It did not disclose valuation.
Payflow exceeds USD 9 million in ARR with positive cash flow
On 2026/4/18, LinkedIn reported that Spanish fintech company Payflow exceeded USD 9 million in ARR, with a 30% EBITDA margin and positive first-quarter cash flow. It did not disclose funding or valuation.
Wealth.com raises USD 65 million in Series B financing
On 2026-4-18, according to Xiniu Data, Wealth.com completed Series B financing, raising USD 65 million. Investors were Titanium Ventures, Pruven Capital, The K Fund, Dynasty Financial Partners and others.
Zenskar grows revenue 5 times and raises USD 15 million in Series A funding
On 2026/4/18, X reported that AI billing platform Zenskar raised USD 15 million in Series A funding, co-led by Susquehanna and other investors, with revenue growing 5 times over the past year. It did not disclose its valuation.
Airwallex reaches USD 1.3 billion ARR at USD 8 billion valuation
On 2026/4/17, LinkedIn reported that Australian cross-border payment platform Airwallex had grown ARR 85% year over year to USD 1.3 billion at a USD 8 billion valuation, with nearly 90 financial licenses and more than 46 thousand US customers.
Allica Bank reports GBP 371 million in total 2025 revenue at a USD 1.2 billion valuation
On 2026/4/17, LinkedIn reported that UK commercial bank Allica Bank generated GBP 371 million in total revenue and GBP 44 million in pretax profit in 2025, completed Series D funding, and was valued at approximately USD 1.2 billion.
Autopilot exceeds USD 20 million ARR
On 2026/4/17, LinkedIn reported that fintech company Autopilot had exceeded USD 20 million in annual recurring revenue. It did not disclose funding or valuation.
AVEX completes an IPO
On 2026-4-17, according to Xiniu Data, Avex completes its IPO. The company is a US military drone supplier.
Booster Robotics raises RMB 1 billion in equity financing
On 2026-04-17, according to Xiniu Data, Booster Robotics completed equity financing, raising RMB 1 billion. Investors were co-lead investor Beijing Gaojingjian Industry Development Investment Fund (Limited Partnership), co-lead investor Beijing Jingguosheng Investment Fund (Limited Partnership), co-lead investor Huakong Fund, Lianxiangzhixing and others. The company is a developer of humanoid robots.
ByteDance’s proposed transaction valuation exceeds USD 600 billion, setting a record for unlisted technology companies worldwide
On 2026, 4, 17, Sina Technology quoted the South China Morning Post as saying that ByteDance, an existing investor, initially sold shares at the USD 550 billion valuation, and the proposed transaction valuation exceeded USD 600 billion due to the strong increase in buyer interest.
Factory AI raises USD 150 million in Series C financing
On 2026-04-17, according to Xiniu Data, Factory AI completed Series C financing, raising USD 150 million. Investors were lead investor Khosla Ventures, Hongshan Capital, Insight Partners, Blackstone and others. The company is a developer of agent-native software.
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.
Finout reaches ARR in the tens of millions of US dollars in three years
On 2026/4/17, LinkedIn reported that Israeli cloud cost management platform Finout had grown from zero to eight-figure US dollar ARR in three years, approximately USD 10 million at the lower bound, mainly through inbound demand. It had raised USD 85 million in total.
Haomiaozhikong raises tens of millions of RMB in angel financing
On 2026-04-17, according to Xiniu Data, Haomiaozhikong completed angel financing, raising tens of millions of RMB. Investors were Suzhou Rongshengxianjin Venture Capital Partnership (Limited Partnership), Anqingsonghechuangzhichengchang Venture Capital Partnership (Limited Partnership). The company is a supplier of core by-wire chassis components.