News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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.
Longxiachuxing raises RMB 100 million in angel financing
On 2026-4-17, according to Xiniu Data, Longxiachuxing completed angel financing, raising RMB 100 million. Investors were Meihua Venture Capital, Xianfengchangqing, Xizhilang Group.
Manus exceeds USD 125 million ARR in under a year
On 2026/4/17, X reported that Chinese AI agent company Manus had reached USD 100 million ARR in nine months and subsequently exceeded USD 125 million. It did not disclose its latest funding or valuation.
OriginFlow raises an undisclosed amount in strategic financing
On 2026-4-17, according to Xiniu Data, OriginFlow completed strategic financing, raising an undisclosed amount. Investors were Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership), Puhuazhongxiao Phase Two (Hangzhou) Venture Capital Partnership (Limited Partnership), 58 Zhantou, Lanchi Venture Capital and others.
Shanghai Yintai Technology raises an undisclosed amount in equity financing
On 2026-04-17, according to Xiniu Data, Shanghai Yintai Technology completed equity financing for an undisclosed amount. Investors were Lansenlinfazhan Co., Ltd. (BLUE FOREST DEVELOPMENT LIMITED). The company is a provider of AI technology services.
Solidroad raises USD 25 million in Series A financing
On 2026-04-17, according to Xiniu Data, Solidroad completed Series A financing, raising USD 25 million. Investors were lead investor Hedosophia. The company is an AI human resources platform.
Somnia Lab raises USD 10 million in angel financing
On 2026-4-17, according to Xiniu Data, Somnia Lab completed angel financing, raising USD 10 million.
Wuxiangu raises an undisclosed amount in equity financing
On 2026-04-17, according to Xiniu Data, Wuxiangu completed equity financing for an undisclosed amount. Investors were Shanghai Jingyamingpei Venture Capital Partnership (Limited Partnership). The company is a developer of AI companionship application software.
Zhongkedunxu raises tens of millions of RMB in seed financing
On 2026-4-17, according to Xiniu Data, Zhongkedunxu completed seed financing, raising tens of millions of RMB. Investors were Beijing Chaoyangshouyuguquan Investment Fund Partnership (Limited Partnership), Junxi Capital, Beijing Shunxitianshi Investment Fund Partnership (Limited Partnership).
AlloyTx raises USD 40 million in Series E financing
On 2026-04-16, according to Xiniu Data, AlloyTx completed Series E financing, raising USD 40 million. Investors were co-lead investor 8VC, co-lead investor JIC Venture Growth Investments, co-lead investor Echo Capital, other lead investors, Mubadala Capital and others. The company is a provider of U.S. drug discovery services.
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.
Baiyihuixin raises an undisclosed amount in equity financing
On 2026-4-16, according to Xiniu Data, Baiyihuixin completed equity financing, raising an undisclosed amount. Investors were Hangzhou Kunyi Private Fund Management Partnership (Limited Partnership), Nanjing Yinqianjing Venture Capital Partnership (Limited Partnership), Shanghai Xianxing Investment Management Co., Ltd., Shanghai Aowenchangying Technology Partnership (Limited Partnership).
Gizmo raises USD 22 million in Series A financing
On 2026-04-16, according to Xiniu Data, Gizmo completed Series A financing, raising USD 22 million. Investors were lead investor Shine Capital, Ada Ventures, SEEK, Global Space Ventures and others. The company is a UK AI education platform.
Heron reaches USD 10 million in ARR in 2.5 years
On 2026/4/16, LinkedIn reported that UK company Heron reached USD 10 million in ARR 2.5 years after founding. It did not disclose funding or valuation.
Hilbert raises USD 28 million in Series A financing
On 2026-4-16, according to Xiniu Data, Hilbert completed Series A financing, raising USD 28 million. Investors were a16z.
Jianzhi Robotics raises hundreds of millions of RMB in equity financing
On 2026-04-16, according to Xiniu Data, Jianzhi Robotics completed equity financing, raising hundreds of millions of RMB. Investors were co-lead investor Mayi Group, co-lead investor Jiaxingjuzigongxiang Investment Partnership (Limited Partnership), co-lead investor Wuhudelianxingchen Investment Fund Zhongxin (Limited Partnership), Shunwei Capital and others. The company is a provider of embodied intelligence data collection solutions.
K2Lab raises tens of millions of CNY in angel funding
On 2026/4/16, Xiniu Data reported that K2Lab completed angel funding worth tens of millions of CNY, led by Huakong Fund with participation from Cloud&Time Capital. The company develops video AI agents for content e-commerce.
Keebler Health raises USD 16 million in Series A financing
On 2026-4-16, according to Xiniu Data, Keebler Health completed Series A financing, raising USD 16 million. Investors were Flare Capital Partners, Sands Capital Deng.
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.
Minyue Technology raises an undisclosed amount in Pre-Series B financing
On 2026-4-16, according to Xiniu Data, Minyue Technology completed Pre-Series B financing, raising an undisclosed amount. Investors were Yonghua Investment.