News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Li Auto's chip subsidiary pursues its first external funding round at an approximately CNY 15 billion pre-money valuation
LatePost Auto exclusively reported that Li Auto's chip subsidiary was pursuing its first external funding round at a pre-money valuation of approximately CNY 15 billion, planning to raise billions of CNY. Business registration records show that Mach Intelligent Cores Limited was established in Hong Kong on 7/14, followed by its wholly owned Shanghai Mahe Zhixin Intelligent Technology Co., Ltd. on 8/4.
Magentic raises USD 18 million Series A
Magentic disclosed USD 18 million in Series A funding led by Felicis. Its digital employees serve industrial procurement and supply chains. Having teams in London and New York does not automatically establish a US-registered entity; the original post’s author, date and institutional associations still require checking.
Zhiyuan Intelligence raises RMB 10 million in angel financing
On 2026-09-16, according to Xiniu Data, Zhiyuan Intelligence completed angel financing, raising RMB 10 million. Investors were co-lead investor Wuhushikechuang Group Co., Ltd., co-lead investor Wuhushijiu Venture Capital Zi Co., Ltd., participating investor Mengxitianshi Fund. The company is a developer of AI equipment diagnostic systems.
SemiAnalysis forecasts more than USD 100 million revenue in 2026, versus approximately USD 20 million in 2025
A LinkedIn post relayed that SemiAnalysis expected revenue above USD 100 million in 2026, compared with approximately USD 20 million in 2025. This was a full-year revenue forecast; the original post did not call it realized ARR.
Positron raises $875M at $5B valuation for LPDDR5X inference chip
On 2026/9/13, according to TechTimes, US AI inference chip company Positron raised USD875 million at a USD5 billion valuation. The company develops inference chips based on LPDDR5X memory, using general-purpose memory instead of HBM to reduce inference costs.
Naive AI raises USD 400 million in Pre-Series A financing
On 2026-09-10, according to Xiniu Data, Naive AI completed Pre-Series A financing, raising USD 400 million. Investors were Guangfaqianhe Investment Co., Ltd., Shenzhen Xingruiyihao Venture Capital Fund Partnership (Limited Partnership), Hongshan China, Beijing Guoqiyuansiguquan Investment Zhongxin (Limited Partnership), Jingwei Venture Capital, Tengxun Investment. The company is a developer of open-source model post-training technology and AI agents.
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.
Mistral AI raises EUR 3 billion Series D at post-money valuation above EUR 21 billion
On 2026/9/8, Mistral AI announced that the French large model company had raised EUR 3 billion, approximately USD 3.4866 billion, in Series D funding at a post-money valuation exceeding EUR 21 billion, approximately USD 24.4062 billion. Samsung led, with an EQT fund and PSG co-leading.
Modal ARR nearing $1B with 10x growth in a year
Modal head of revenue operations David Phippard posted on LinkedIn that the company's ARR was approaching USD 1 billion, having grown approximately 10-fold over the past year. Modal provides cloud computing infrastructure for training and running AI models.
Guangbenwei Technology raises billions of CNY in the past year at a post-money valuation near CNY 20 billion
On 2026/9/2, China Financial Information Network reported that China-based Guangbenwei Technology raised billions of CNY in total over the past year at a post-money valuation near CNY 20 billion. The funds support mass production and delivery of optical computing systems and chip R&D. It had secured orders and letters of intent worth hundreds of millions of CNY.
OpenAI's ChatGPT Ads surpasses $1B ARR within 200 days post-launch
On 2026/9/1, according to OpenAI, OpenAI reported a revenue growth signal in the AI Core sector.
Postscript reaches USD 150 million ARR
On 2026/9/1, X reported that US SMS marketing platform Postscript had reached USD 150 million ARR, serving approximately 20 thousand customers and planning to drive future growth through Postscript 2.0.
MadeThis says revenue exceeds USD 2 million with team of 3
On 2026/8/31, MadeThis’s founder said on LinkedIn that revenue had grown from zero four months earlier to more than USD 2 million, with approximately 40 thousand businesses using it and a team of 3. The original post did not specify the revenue reporting period; USD 10 million ARR was a future target.
10x says ARR exceeds USD 6 million, grows 30% monthly
On 2026/8/28, Blake Anderson posted on X that 10x ARR exceeded USD 6 million, growing 30% monthly, and shared hiring information.
Xinyunshengke completes angel financing
On 2026-08-24, according to Xiniu Data, Xinyunshengke completed angel financing, raising tens of millions of RMB. Investors were Yifeng Capital. The company is a developer of AI cerebrovascular interventional ultrasound diagnostic systems.
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.
Starcloud raises USD 250 million Series A extension at USD 2.3 billion post-money valuation
On 2026/8/21, Business Wire reported that US cloud startup Starcloud had raised USD 250 million in Series A extension funding led by Manhattan West at a USD 2.3 billion post-money valuation. Total funding reached USD 450 million after the round.
Micro1 gross annual revenue run rate reaches USD 500 million, with a net measure of approximately 150 million to USD 200 million
On 2026/8/20, TechCrunch cited people familiar with the matter saying Micro1's gross annual revenue run rate grew from USD 100 million to USD 500 million. After expert costs, the net annualized measure was approximately 150 million to USD 200 million. The original text called it gross annual run rate, which must not be written as confirmed ARR.
Blacksmith’s valuation jumps almost 10x in less than a year
On 2026/8/18, TechCrunch reported that Blacksmith, a US CI infrastructure company, increased its valuation almost 10 times in less than a year. The company is a CI infrastructure team.
AI animation and 3D content platform Laihua raises CNY 68 million Series D at approximately CNY 3.7 billion post-money valuation
On 2026/8/14, 36Kr reported that Laihua, under Qianhai Shouhui, had raised CNY 68 million in Series D funding from listed company New Oriental at a post-money valuation of approximately CNY 3.7 billion (approximately USD 514 million at 7.2).
Senyuechengxing completes equity financing
On 2026-08-13, according to Xiniu Data, Senyuechengxing completed equity financing for an undisclosed amount. Investors were Yunfei Phase Four Co., Ltd.. The company is a developer of embodied intelligence prosthetics.
Neros Technologies Raises $250M Series C at $2.5B Valuation
On August 11, 2026, per Neros Technologies, defense drone systems company raised $250M in a Series C at a $2.5B post-money valuation, co-led by Sequoia Capital and American Strategic Technology Fund with Interlagos, Valor, Thiel Capital and Spark Capital. Co-founder and CEO Soren Monroe-Anderson leads autonomous and counter-drone expansion.
Sapiom runs 100K+ Agents per day with $35M Series A in 11 months
On 2026/8/9, Sapiom reported that the US AI agent cost platform ran more than 100,000 agents daily and completed USD 35 million in Series A funding within 11 months.
Hadrian Raises $1.37B Series D Extension at ~$7.87B Valuation
On August 6, 2026, per Axios, defense and aerospace precision parts manufacturer Hadrian raised $1.37B in a Series D extension at a post-money valuation of about $7.87B. Founder and CEO Chris Power leads the company's automated factories and aerospace defense manufacturing.