News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Outmarket raises USD 34.5 million in Series B financing
On 2026-9-28, according to AIUnderstanding, Outmarket completed Series B financing, raising USD 34.5 million.
Presto Raises USD 10M in Strategic Financing
On September 28, 2026, US-based Presto raised USD 10 million in a strategic financing from investors affiliated with Remus Capital. The company builds voice AI ordering agents for drive-thru restaurants.
p°Motion completes Series A financing
On 2026-09-28, according to Xiniu Data, p°Motion completed Series A financing for an undisclosed amount. Investors were Cobalt Capital, Soul Ventures, Canaan Ventures, WME Group, Nimble Ventures. The company is a U.S. AI biomechanics prediction platform.
Quartermaster Raises $140M Series B to Expand Maritime Awareness Network
On September 28, 2026, per TechCrunch, maritime intelligence startup Quartermaster closed a $140M Series B, with about $100M in equity from Insight Partners, Overmatch Ventures and existing backer First Round Capital, plus a $40M debt facility from Stifel. The company builds real-time maritime awareness and vessel safety data networks; founder and CEO Neil Sobin leads product and the maritime data network.
SiMa.ai raises USD 150 million at USD 1.45 billion valuation
On 2026/9/28, AIUnderstanding reported that US edge AI chip company SiMa.ai had raised USD 150 million at a USD 1.45 billion valuation.
Synphatec raises over USD 50 million in Series A financing
On 2026-9-28, according to 36Kr, Synphatec completed Series A financing, raising over USD 50 million.
Tujian Technology raises RMB 100 million in Pre-Series A financing
On 2026-09-28, according to Xiniu Data, Tujian Technology completed Pre-Series A financing, raising RMB 100 million. Investors were lead investor Beijing City Artificial Intelligence Industrial Investment Fund (Limited Partnership). The company is a provider of innovative tactile sensing solutions.
Weihengqiyuan completes equity financing
On 2026-09-28, according to Xiniu Data, Weihengqiyuan completed equity financing for an undisclosed amount. Investors were Fengzhangqingyu Investment (Ningbo) Partnership (Limited Partnership), Hangzhou Hengshengshuzhiqiyuanguquan Investment Partnership (Limited Partnership), Hangzhou Runmiao Fund Phase One Venture Capital Partnership (Limited Partnership), Ningbo Donghexingyueziyouzijin Investment Partnership (Limited Partnership), Hangzhou Kunpenghualong Enterprise Management Partnership (Limited Partnership). The company is a developer of 3D AI on-device inference LPU chips.
XinYun Biotech Secures Tens of Millions RMB in Angel+ Round
On September 28, 2026, Suzhou-based XinYun Biotech, developer of AI-powered cerebrovascular interventional ultrasound diagnostic systems, raised tens of millions of RMB in an Angel+ round backed by Delian Capital, Zhongguancun Capital and Sanbo Brain Hospital. The company was founded by Zhao Jun.
Yuewa Innovation completes equity financing
On 2026-09-28, according to Xiniu Data, Yuewa Innovation completed equity financing for an undisclosed amount. Investors were Tongxiangyuanjingwanteguquan Investment Partnership (Limited Partnership), XVC FUND III LP. The company is a developer of embodied AI robots.
ZIGLEAP raises hundreds of millions of CNY in angel+ funding
On 2026/9/28, 36Kr reported that Chinese embodied foundation model company ZIGLEAP had raised hundreds of millions of CNY in angel+ funding, with joint investment from Linear Capital. It uses Duplex Reasoning to power embodied foundation models.
Brahma AI targets USD 150 million funding at proposed USD 2 billion transaction valuation
On 2026/9/23, Prime Focus disclosed a USD 150 million funding target related to Brahma, with Multiples planning to invest USD 100 million, subject to shareholder approval and closing conditions. The proposed transaction valuation was USD 2 billion; intentions and targets do not establish that the round has closed.
Feimiyuzhou raises RMB 100 million in seed financing
On 2026-9-27, according to Xiniu Data, Fermi Universe completed its seed round of financing with an amount of RMB 100 million. The company is a developer of large quantum AI models. The company is mainly engaged in the field of artificial intelligence.
Fluidstack raises USD 1.5 billion in equity financing
On 2026-09-27, according to Xiniu Data, Fluidstack completed equity financing, raising USD 1.5 billion. Investors were lead investor Jane Street. The company is an AI data center and GPU cloud services provider.
Jingshi Technology completes Series A+ financing
On 2026-09-27, according to Xiniu Data, Jingshi Technology completed Series A+ financing for an undisclosed amount. Investors were Hebei Guangdianwuxian Media Co., Ltd., Changchunteng (Zhejiang) Venture Capital Fund Partnership (Limited Partnership), Hangzhou Kaierdahanjie Robotics Co., Ltd., Shanghai Hongrunshidai Technology Co., Ltd.. The company is a developer of highly mobile general-purpose legged robots.
OpenEvidence valuation hit $15B post $250 million funding round
On 2026/9/27, Business Insider reported that OpenEvidence, a US medical AI search company, reached a valuation of USD 15 billion after completing USD 250 million in funding.
Pepper.inc ARR hit $10.5M and targets tripling to $30M within 12 months
On 2026/9/27, according to LinkedIn, India-based Pepper.inc reached USD10.5 million in ARR and aims to increase this to USD30 million within 12 months.
Tuling Technology raises USD 3 million in seed financing
On 2026-9-27, according to Xiniu Data, Tuling Technology completed seed financing, raising USD 3 million. Investors were Huanya Group.
ByteAsk raises USD 1 million
On 2026/9/26, AIUnderstanding reported that ByteAsk, an AI startup team, had raised USD 1 million. Funds would support product R&D and building the early team.
Cognition ARR surpasses $1B in less than two years after launch
On 2026/9/26, Cognition AI reported that U.S. AI coding company Cognition had exceeded USD 1 billion in ARR less than two years after launch. The company is a leading AI coding player.
Huayuan Intelligence Secures Equity Investment
On September 26, 2026, Beijing-based Huayuan Zhiyin, an AI virtual-cell technology developer, completed an equity investment from the Global Health Industry Innovation Center. The company builds AI-driven virtual cell models to accelerate biomedical research.
Omi exceeds USD 5 million annualized revenue run rate
On 2026/9/26, Omi’s founder said on LinkedIn that the open-source AI wearable company had exceeded USD 5 million annualized revenue run rate. Previously relying mainly on organic growth, it had recently started testing paid acquisition. The original post did not separate hardware sales from subscription revenue.
Omilia reaches USD 5 million in ARR
On 2026/9/26, LinkedIn reported that Omilia disclosed annual recurring revenue (ARR) of USD 5 million in the AI Customer Support sector.
Qianzhang Technology completes equity financing
On 2026-09-26, according to Xiniu Data, Qianzhang Technology completed equity financing for an undisclosed amount. Investors were Shanghai Moqin Intelligence Technology Co., Ltd., Zhuhai Dehu Investment Zhongxin (Limited Partnership). The company is a developer of whole-body foundation models for humanoid robots.