News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Quanyu Intelligence completes seed financing
On 2026-08-06, according to Xiniu Data, Quanyu Intelligence completed seed financing for an undisclosed amount. Investors were Shenzhen City Shengqingtongxue Venture Capital Partnership (Limited Partnership). The company is a developer of non-invasive brain-computer interface foundation large models.
Olix completes equity financing
On 2026-08-03, according to Xiniu Data, Olix completed equity financing, raising USD 312 million. Investors were lead investor Fundomo, participating investor Arm, participating investor Hudson River Trading, participating investor Lide · Hasitingsi. The company is a developer of British AI chips.
Palantir reports USD 1.9 billion second-quarter revenue, up 93% year over year
On 2026/8/3, TechCrunch reported that US company Palantir had generated USD 1.9 billion in second-quarter revenue, growing 93% year over year, and USD 1.1 billion in profit. CEO Alex Karp emphasized that enterprises should control their own AI data.
Qiannao Technology raises an undisclosed amount in equity financing
On 2026-07-30, according to Xiniu Data, Qiannao Technology completed equity financing for an undisclosed amount. Investors were Shanghai Heshuang Enterprise Management Partnership (Limited Partnership), Hainan Lianxin Venture Capital Zhongxin (Limited Partnership). The company is a developer of non-invasive brain-computer interface medical technology.
Wabo Technology raises an undisclosed amount in angel financing
On 2026-07-29, according to Xiniu Data, Wabo Technology completed angel financing for an undisclosed amount. Investors were Xiangfeng Investment, Hongtai Fund, Chengdu Ke Venture Capital Group, Huifengdasimu. The company is a developer of consumer non-invasive brain-computer interface devices.
Cyera plans approximately USD 1 billion Oasis Security acquisition
On 2026/7/28, TechCrunch reported that US company Cyera had signed a letter of intent to acquire AI agent identity security company Oasis Security for approximately USD 1 billion. Oasis Security had raised approximately USD 195 million in total.
Meshy AI raises USD 400 million in Series B financing
On 2026-07-20, according to Xiniu Data, Meshy AI completed Series B financing, raising USD 400 million. Investors were IDG Capital, Jingwei China, Monolith Lisi Capital, Granite Asia, Hongshan China, BAI Capital, Yuanma Capital and others. The company is a provider of research, development and application services for AI multimodal models.
Lüdongxinsheng raises tens of millions of RMB in seed financing
On 2026-07-13, according to Xiniu Data, Lüdongxinsheng completed seed financing, raising tens of millions of RMB. The company is a developer of invasive brain-computer interface chips.
Pengnao Technology raises RMB 10 million in strategic financing
On 2026-07-10, according to Xiniu Data, Pengnao Technology completed strategic financing, raising RMB 10 million. Investors were Sierwu Investment (Shenzhen) Partnership (Limited Partnership). The company is a developer of non-invasive brain-computer interface technology.
HeyReach reaches USD 16 million ARR in 2025
On 2026/7/3, X reported that US LinkedIn outreach tool HeyReach had reached USD 16 million ARR in 2025. It initially grew through word of mouth and content, then used AI to optimize customer acquisition, increasing free-trial conversion from 9% to 26%.
Outward Intelligence bootstraps to USD 10 million ARR
On 2026/7/2, LinkedIn reported that US company Outward Intelligence had reached USD 10 million ARR, compared with USD 1 million ARR in its first year. It maintained retention of early customers while bootstrapping, emphasizing AI to augment team capabilities.
Spott exceeds USD 1 million monthly ARR, grows 8 times in half a year
On 2026/7/2, LinkedIn reported that US company Spott had exceeded USD 1 million monthly ARR, equivalent to more than USD 12 million annualized. In the first half of 2026, ARR grew 8 times, customers grew 447% and Asia-Pacific accounted for 20% of revenue.
MindOn completes Pre-A funding with an undisclosed amount
On 2026/7/1, Xiniu Data reported that MindOn completed a Pre-A funding round for an undisclosed amount. Granite Asia, Gaorong Ventures, and Prosperity7 Ventures co-led the round, with participation from MSA Capital. The company develops AI technology for humanoid robotics.
Purui Life Sciences raises CNY 100 million in Series A funding
On 2026/6/30, Xiniu Data reported that Purui Life Sciences completed CNY 100 million in Series A funding, led by Dongrong Fund One (Zhuhai Hengqin) Equity Investment Partnership (Limited Partnership), with participation from Sumitomo Corporation Asia Capital, Suzhou Rongsheng Xianxing Venture Investment Partnership (Limited Partnership), Suzhou High-Tech Science and Technology Innovation Angel Phase One Venture Investment Partnership (Limited Partnership), Qiming Venture Partners, IQVIA, and others. The company provides digital and intelligent clinical research services.
Nianxiang Technology completes RMB 10 million in angel financing
On 2026/6/26, Xiniu Data reported that Nianxiang Technology completed RMB 10 million in angel financing. Yongxie Investment led the round, with Pudong Venture Capital and Yicun Capital participating. The company develops non-invasive neural interface technology.
Mavelli reaches USD 6 million ARR
On 2026/6/20, LinkedIn reported that the UAE’s Mavelli had reached USD 6 million ARR, with a USD 10 million year-end target. It acquired customers quickly through a USD 34.99 annual subscription and explored increasing ARPU.
MatchMade reaches USD 1 million ARR, growing 3.3 times year over year
On 2026/6/19, Tech in Asia reported that Indonesian data infrastructure company MatchMade had reached USD 1 million ARR, growing 3.3 times year over year, with 120% net revenue retention. Its product addresses enterprise financial reconciliation.
Acrab raises USD 350 million in equity financing
On 2026-06-17, according to Xiniu Data, Acrab completed equity financing, raising USD 350 million. Investors were Vertex Growth Fund, Vertex Ventures Southeast Asia & India. The company is a provider of edge agentic AI computing platforms.
Xinshengshijie raises RMB 100 million in seed financing
On 2026-06-17, according to Xiniu Data, Xinshengshijie completed seed financing, raising RMB 100 million. Investors were lead investor Jingwei Venture Capital, participating investor Xinglian Capital, participating investor Yanyuan Venture Capital, participating investor Shuimu Venture Capital. The company is a developer of invasive brain-computer interfaces.
Zhangyu Power raises USD 50 million in equity financing
On 2026/6/17, Xiniu Data reported that Zhangyu Power completed USD 50 million in equity financing. Beijing Jinqiu Private Fund Management Co., Ltd., Shanghai Xinlian Qichen Private Investment Fund Partnership (Limited Partnership), and Gongqingcheng Zhengjiang Bacai Venture Investment Partnership (Limited Partnership) co-led the round, with participation from JAFCO Asia, Houxue Capital, Hong Kong Top Talent Venture Capital Fund, Panga Capital, Linear Capital, and others. The company develops world models for physical action.
Kongshanci raises tens of millions of RMB in Series A financing
On 2026-06-12, according to Xiniu Data, Kongshanci completed Series A financing, raising tens of millions of RMB. Investors were lead investor Zhongxiaoqiye Development Fund (Chengdu) Jiaozi Venture Capital Partnership (Limited Partnership), participating investor Nanjing Yaotu Phase Four Venture Capital Partnership (Limited Partnership), participating investor Daotong Investment, participating investor Yunqi Capital. The company is a developer of noninvasive brain-computer interfaces and neuromodulation technology.
Zhongke Yixiang raises tens of millions of CNY in angel funding
On 2026/6/11, Xiniu Data reported that Zhongke Yixiang completed angel funding worth tens of millions of CNY, led by Hangzhou Botuo Brain-Computer Equity Investment Fund Partnership (Limited Partnership), with participation from Keda Silicon Valley Guidance Fund (Anhui) Partnership (Limited Partnership), Zeyu Capital, Huacang Capital, Anhui Dake Angel One Collaborative Venture Investment Partnership (Limited Partnership), and others. The company develops minimally invasive implantable brain-computer interface technology for multiple brain regions.
Sales Doctor approaches USD 4 million ARR
On 2026/6/10, LinkedIn reported that Uzbekistan-based enterprise software platform Sales Doctor, serving Central Asia and the Middle East, had approached USD 4 million ARR and was exploring growth funding of 4 million to USD 5 million.
Xilian Technology raises tens of millions of RMB in angel financing
On 2026-06-02, according to Xiniu Data, Xilian Technology completed angel financing, raising tens of millions of RMB. Investors were co-lead investor Lanchi Venture Capital, co-lead investor Gaoling Venture Capital, participating investor Zhongkeshenguang. The company is a developer of invasive brain-computer interface technology.