News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Moxin Technology completes CNY 1 billion in equity financing
On 2026/9/11, Xiniu Data reported that Moxin Technology completed CNY 1 billion in equity financing. It develops consumer 3D printers. The company mainly operates in artificial intelligence.
Rivo reaches USD 8 million ARR, 100% of code generated by Devin, operates through bootstrapping
On 2026/9/10, X reported that US e-commerce email marketing platform Rivo had reached USD 8 million ARR, with 100% of code generated by Devin and bootstrapped operations.
Skild AI exceeds USD 100 million in annualized revenue ten months after commercial deployment
On 2026/9/10, Skild AI disclosed on its official blog that the robotics foundation model company Skild AI exceeded USD 100 million in ARR ten months after its first commercial deployment, serving more than 60 paying customers. Mobile applications accounted for approximately 10% of revenue, with most of the remainder coming from manipulation tasks.
Keyfactor discloses ARR exceeding USD 200 million
On 2026/9/9, Keyfactor officially announced that the US machine identity and certificate management company had exceeded USD 200 million ARR, reaching the milestone early in the third quarter. ARR grew more than 35% year over year and it remained profitable.
ACE Shiyu Technology raises nearly USD 40 million pre-Series B, with continued backing from CCV
ACE Shiyu Technology raised nearly USD 40 million in pre-Series B funding, with participation from CCV, Shunwei Capital and others, for music foundation model R&D. The news database has no pre-Series B option, so the round field remains blank.
Pryze ARR hit $10M with 20+ employees
On 2026/9/8, LinkedIn reported that US company Pryze reached USD 10 million in ARR with just over 20 team members. The company maintains a lean team. The team remains lean.
Time Domain Raises USD 40M in Pre-B Round
On September 4, 2026, Beijing-based Time Domain (ACE Studio), an AI singing synthesis engine developer, raised USD 40 million in a Pre-B round backed by CCV, Shunwei Capital and Alphaist Partners.
NVIDIA agrees to acquire Hugging Face for USD 12.9303 billion
On 2026/9/3, NVIDIA's official blog reported that the US company agreed to acquire Hugging Face for USD 12.9303 billion, subject to regulatory approval. Hugging Face will remain open and hardware-neutral.
AfterQuery completes Series A+ financing
On 2026-09-01, according to Xiniu Data, AfterQuery completed Series A+ financing for an undisclosed amount. The company is an AI application research laboratory. The company mainly operates in artificial intelligence.
BigBean reaches USD 100 thousand ARR
On 2026/9/1, LinkedIn reported that Japan’s BigBean had reached USD 100 thousand ARR. It increased conversion 40 times by optimizing onboarding and remained bootstrapped.
Jijiashijie completes pre-IPO financing
On 2026-09-01, according to Xiniu Data, Jijiashijie completed pre-IPO financing for an undisclosed amount. The company is a developer of embodied intelligence technology. The company mainly operates in artificial intelligence.
Clipto raises USD 15 million at USD 250 million valuation, reaches USD 15 million ARR
On 2026/8/31, TechCrunch reported that US company Clipto had raised USD 15 million at a USD 250 million valuation. It had reached USD 15 million ARR at the beginning of 2026 and remained profitable.
Ahrefs reaches USD 150 million ARR
On 2026/8/27, LinkedIn reported that Singaporean SEO tools company Ahrefs had reached USD 150 million ARR while remaining bootstrapped, achieving this revenue scale with approximately 130 people.
CropX approaches USD 20 million ARR
On 2026/8/27, AgFunderNews reported that US agricultural data company CropX had approached USD 20 million ARR. The measure mainly represented subscription revenue and excluded one-time hardware sales.
MiniMax company-wide ARR exceeds USD 800 million, with over 2 million enterprise and developer customers
In 2026/8, MiniMax exceeded USD 800 million in company-wide ARR and 2 million enterprise and developer customers, 10 times the level at the end of 2025. Total revenue in the first half of 2026 was USD 116.6 million, up 283.1% year over year, with 60.8% from outside mainland China. The AI-native product line that includes Hailuo AI generated USD 42.64 million in revenue, up 100.9% year over year.
Zernio ARR hit $3M in 13 months fully bootstrapped
On 2026/8/26, X reported that Zernio, a US marketing infrastructure company, reached USD 3 million in ARR within 13 months while remaining fully bootstrapped. The company continues developing.
XPeng robotics business signs funding agreement for approximately USD 900 million in base subscriptions at an implied USD 6.3 billion post-money valuation
On 2026/8/24, XPeng disclosed that its robotics business Dogotix signed a conditional equity subscription agreement for approximately USD 900 million in base subscriptions, comprising USD 200 million from the group, USD 600 million from external investors, and USD 100 million from executive subscribers. The agreement implied a USD 6.3 billion post-money valuation. Closing remained subject to agreed conditions; additional subscriptions and warrant exercises were not included in the base amount.
SalesDraft surpasses $3M ARR with 600+ customers
On 2026/8/14, according to LinkedIn, US sales email AI company SalesDraft surpassed USD3 million in ARR and had more than 600 customers.
AIOPTICS completes Series B financing
On 2026-08-07, according to Xiniu Data, AIOPTICS completed Series B financing, raising RMB 100 million. Investors were Suzhou Maiwei Technology Co., Ltd., Shanghai Guofang Innovation Private Fund Partnership (Limited Partnership), Suqiansuchengjuntongguquan Investment Partnership (Limited Partnership), Shanghai Dalinghaowanceyuanerhao Venture Capital Partnership (Limited Partnership), Nantongshijiaodaweilaixiaomiao Venture Capital Partnership (Limited Partnership) and others. The company is a provider of intelligent industrial solutions for optics.
Maestra approaches USD 5 million ARR
On 2026/8/6, LinkedIn reported that US e-commerce AI SaaS company Maestra’s ARR was approaching USD 5 million. Its platform integrates email, SMS, onsite personalization, recommendations and loyalty capabilities.
Microsoft fiscal-year revenue from OpenAI reaches USD 24.1 billion, approximately 70% of AI revenue
On 2026/8/6, The Decoder reported that Microsoft documents showed USD 24.1 billion in revenue from OpenAI in the fiscal year ended in month 6, approximately 70% of its total AI revenue. The revenue mainly came from cloud services and related revenue sharing.
Ahron exceeds EUR 1 million ARR in its first year
On 2026/8/5, LinkedIn reported that German HR infrastructure company Ahron had exceeded EUR 1 million ARR in its first year, approximately USD 1.174 million. With no sales staff, growth mainly came from product capabilities and partner channels.
Limble reaches USD 50 million ARR
On 2026/8/5, LinkedIn reported that US AI maintenance and asset management platform Limble had reached USD 50 million ARR, integrating asset data, work orders, preventive maintenance, inventory and analytics.
Ambrook Raises $30M Series B for Agribusiness Financial Software
On August 3-4, 2026, per Ambrook, financial software company for agriculture and Main Street small businesses raised $30M in a Series B with investors including Lachy Groom, Thrive Capital, Field Ventures and Thomson Reuters Ventures. The company was co-founded by Mackenzie Burnett, Jeff Anders and Dan Schlosser.