News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Mission Inbox ARR hit $2M with profitability
On 2026/10/1, LinkedIn reported that US company Mission Inbox reached USD 2 million in ARR and had become profitable. The company maintains profitable operations.
OpenAI ARR nears $70B with 70% Q3 growth
On 2026/10/1, Insider Finance reported that US company OpenAI was approaching USD 70 billion in ARR, with growth of 70% in the third quarter. The company continues expanding both enterprise and consumer businesses.
PaleBlueDot AI raises USD 200 million in Series C financing
On 2026-10-1, according to AIUnderstanding, PaleBlueDot AI completed Series C financing, raising USD 200 million.
Photon revenue grew 10x in 4 months with $4.5M seed raised
On 2026/10/1, according to TechCrunch, Photon reported a revenue growth signal in the AI Infrastructure sector.
Riot reaches EUR 20 million ARR, targets more than EUR 100 million
On 2026/10/1, LinkedIn reported that US company Riot had reached USD 21.2 million ARR and was targeting more than EUR 100 million ARR. It is an AI risk management and compliance startup.
Satellite software company Satlyt raises USD 8 million seed round
On 2026/10/1, SiliconANGLE reported that satellite software company Satlyt had raised USD 8 million in seed funding led by Non Sibi Ventures. It develops software for satellite in-orbit computing.
SoftBank Closes Third $10B OpenAI Tranche Using Senior Notes Proceeds
According to a SoftBank announcement, on 2026/10/1, SoftBank Group completed its third and final USD 10 billion additional investment in OpenAI, completing the previously announced USD 30 billion additional investment. Following this round, SoftBank's cumulative OpenAI investment reached USD 64.6 billion, with ownership of approximately 13%.
Volantis raises USD 88 million
On 2026/10/1, semiconductor and photonic computing company Volantis disclosed USD 88 million in Series A funding. This entry refers to the company at volantissemi.ai, not companies with the same name in Indonesia or the Netherlands.
Vosu hits $5M run rate, launches AI creator marketplace
On 2026/10/1, according to Business Insider, Vosu reported a revenue growth signal in the AI Creative Tools sector.
Accelevation raises USD 540 million in US IPO, priced below marketed range
AIUnderstanding reported that on 2026/9/30, private equity-backed data center infrastructure company Accelevation and selling shareholders raised USD 540 million in a US IPO, issuing 30 million shares at USD 18 each, below the previously marketed 20 to USD 24 range. Headquartered in Miamisburg, Ohio, its listing was seen as a key test for the AI infrastructure IPO market.
Arivihan completes USD 10 million in Series A funding
On 2026/9/30, AIUnderstanding reported that Arivihan completed USD 10 million in Series A funding, with participation from Accel and Prosus.
Ascerta raises USD 18 million Series A, focuses on measuring enterprise AI investment ROI
Unite.AI reported that on 2026/9/30, enterprise AI management platform Ascerta had raised USD 18 million in Series A funding led by Dell Technologies Capital, with participation from Hitachi Ventures, BGV and Wipro Ventures. Based in Bellevue, Washington, and formerly known as Pay-i, it connects AI costs with business outcomes and measures ROI. It had raised USD 22.9 million in total and was founded in 2024 by former Microsoft executives David Tepper, Doron Holan and Erik Winters.
Ascerta Raises USD 18M in Series A
On September 30, 2026, US-based Ascerta (formerly Pay-i) raised USD 18 million in a Series A led by Dell Technologies Capital. The company tracks enterprise AI costs, performance and ROI to help companies evaluate agent projects.
CScale raises USD 145 million
On 2026/9/30, AIUnderstanding reported that CScale had raised USD 145 million, with participation from Nvidia and Intel.
DeepInfra ARR surpasses $100M driven by demand for AI inference infrastructure
On 2026/9/30, GlobeNewswire reported that DeepInfra, a US AI inference infrastructure company, surpassed USD 100 million in ARR, driven by demand for AI inference.
Depeikaiyuan completes equity financing
On 2026-9-30, according to Xiniu Data, Depeikaiyuan completed equity financing. Investors were Hainan Xichenke Venture Capital Zi Co., Ltd.
Destro raises USD 8 million in seed financing
On 2026-9-30, according to AIUnderstanding, Destro completed seed financing, raising USD 8 million.
ElevenLabs valuation doubles to USD 22 billion as employee secondary share transaction closes
On 2026/9/30, TechCrunch reported that AI voice company ElevenLabs doubled its valuation to USD 22 billion. It completed a USD 300 million employee secondary share tender offer co-led by Wellington and T. Rowe Price, doubling the USD 11 billion valuation from its funding in month 2. Employees can realize part of their equity before the company lists.
EliseAI raises $350M at $4B valuation with ARR surpasses $200M
On 2026/9/30, according to LinkedIn, EliseAI reported a revenue growth signal in the AI Healthcare sector.
Flatkey raises USD 10 million in Series A funding
On 2026/9/30, AIUnderstanding reported that Flatkey raised USD 10 million in Series A funding. It is an AI startup team.
Flow Engineering raises USD 50 million Series B at USD 750 million valuation
According to Unite.AI, on 2026/9/30, agentic hardware development platform company Flow Engineering raised USD 50 million in Series B funding at a USD 750 million valuation, co-led by Valor Equity Partners founder Antonio Gracias and Atreides Management’s Gavin Baker, with Sequoia Capital and others participating. Founded by Pari Singh and headquartered in San Francisco, it uses agents to connect requirements, CAD, simulation and testing, with customers including Rivian adopting its platform.
GMI Cloud raises USD 668 million in equity and debt
On 2026/9/30, 36Kr reported that AI computing cloud platform GMI Cloud had raised USD 668 million in equity and debt funding led by ARCHIV, with NVIDIA participating. Contracted annualized revenue exceeded USD 600 million.
Guangtezhiban raises RMB 30 million in Series A financing
On 2026-09-30, according to Xiniu Data, Guangtezhiban completed Series A financing, raising RMB 30 million. Investors were lead investor TriSummit Capital. The company is a developer and supplier of AI toys for children.
Guicheng Technology completes equity financing
On 2026-09-30, according to Xiniu Data, Guicheng Technology completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of AI-driven electronic design automation.