News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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.
Mistral raises EUR 3 billion at EUR 21 billion valuation, setting European record
On 2026/9/8, The Business Times reported that French large AI model company Mistral had raised EUR 3 billion (approximately USD 3.3 billion) led by Samsung at a EUR 21 billion valuation (approximately USD 23.1 billion), Europe’s largest-ever funding round.
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.
Morfion reaches USD 250 thousand ARR within 6 months
On 2026/9/8, LinkedIn reported that UAE company Morfion had reached USD 250 thousand ARR within 6 months. It is an early-stage AI startup team. It is an early-stage AI team.
Nextrainers ARR hit $100k after 11 months launch
On 2026/9/8, LinkedIn reported that Nextrainers reached USD 100,000 in ARR 11 months after launch. The company is an enterprise training team.
Patika Intelligence completes equity financing
On 2026-09-08, according to Xiniu Data, Patika Intelligence completed equity financing for an undisclosed amount. Investors were Hanxing Venture Capital Co., Ltd.. The company is a developer of AI software and intelligent robots.
Poseidon Aerospace Raises USD 60M in Series A
On September 8, 2026, US-based Poseidon Aerospace raised USD 60 million in a Series A led by TQ Ventures. The company develops autonomous cargo aircraft for commercial logistics and defense resupply.
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.
Qiling Robotics completes equity financing
On 2026-09-08, according to Xiniu Data, Qiling Robotics completed equity financing for an undisclosed amount. Investors were Hunan Shengdaxuesheng Venture Capital Fund Partnership (Limited Partnership). The company is a developer of core humanoid robot end effectors.
Shine reaches USD 522 million ARR, serves more than 1 million professionals and 15 thousand accountants
On 2026/9/8, LinkedIn reported that Danish fintech company Shine had reached USD 522 million ARR, approximately EUR 450 million, serving more than 1 million professionals and 15 thousand accountants.
Stoke Space Closes First Tranche of $1B Series E
On September 8, 2026, per Stoke Space, fully reusable launch vehicle company closed the first tranche of a $1B Series E co-led by Point72 Ventures and Spark Capital, bringing total funding to $2.3B. The company was co-founded by Andy Lapsa and Tom Feldman, both with Blue Origin rocket engineering experience.
The Exploration Company Raises $450M Series C
On September 8, 2026, per The Exploration Company, reusable spacecraft and rocket propulsion company closed a $450M Series C co-led by Bessemer Venture Partners, Atomico and EQT's Scaleup Europe Fund, with Balderton, Plural, Cherry and Red River West. The company was founded by Hélène Huby, who serves as CEO.
Tiiny ARR hit $1M+ with consistent revenue growth
On 2026/9/8, according to X, UK-based Tiiny surpassed USD1 million in ARR, with revenue continuing to grow. The company is a B2B SaaS team and continues to develop.
Yianlian raises hundreds of millions of RMB in Series C+ financing
On 2026-09-08, according to Xiniu Data, Yianlian completed Series C+ financing, raising hundreds of millions of RMB. Investors were Rongyi Investment, Baohe Venture Capital. The company is a zero-trust security solutions provider.
Yingwei Innovation completes equity financing
On 2026-09-08, according to Xiniu Data, Yingwei Innovation completed equity financing for an undisclosed amount. Investors were Shanghai Lejinhui Enterprise Management Partnership (Limited Partnership), Yixingyouyue Management Consulting Partnership (Limited Partnership), Wuxi Jiyuanzheyuanguquan Investment Partnership (Limited Partnership), Wuxi Xichuangyingwei Venture Capital Partnership (Limited Partnership), Hainan Taida Venture Capital Fund Co., Ltd.. The company is a developer of edge and on-device AI chips.
Youweituxiang completes Series A financing
On 2026-09-08, according to Xiniu Data, Youweituxiang completed Series A financing for an undisclosed amount. Investors were Tianjin Jinhaitong Semiconductor Shebei Co., Ltd.. The company is a provider of semiconductor process control equipment.
Atira raises USD 17.5 million in seed financing
On 2026-09-07, according to Xiniu Data, Atira completed seed financing, raising USD 17.5 million. Investors were lead investor Accel Partners, participating investor Bastian Nominacher, other participating investors. The company is a German provider of industrial multi-agent sales engineering platforms.
Baitengqingnian completes equity financing
On 2026-09-07, according to Xiniu Data, Baitengqingnian completed equity financing for an undisclosed amount. Investors were Hangzhou Xiluoziyouzijin Investment Co., Ltd.. The company is a provider of AI chronic disease management digital healthcare services.
Beijing Hongsuanzhiyuan Technology completes equity financing
On 2026-09-07, according to Xiniu Data, Beijing Hongsuanzhiyuan Technology completed equity financing for an undisclosed amount. Investors were Shanghai Songxing Enterprise Management Partnership (Limited Partnership). The company is a developer of AI software and hardware products.
CAS Brain Raises Hundreds of Millions in B+ Round
On September 7, 2026, Hefei-based CAS Brain, an AI infrastructure developer for computing-power synergy, raised hundreds of millions of RMB in a B+ round led by CRRC Capital. The company focuses on heterogeneous computing scheduling.
Chengkeyigong completes equity financing
On 2026-09-07, according to Xiniu Data, Chengkeyigong completed equity financing for an undisclosed amount. Investors were Xingtaigaoxinquxinzhi Industry Development Group Co., Ltd., Zhongkerongyao (Hebei) Intelligence Electronics Co., Ltd.. The company is a provider of intelligent spinal health diagnosis and treatment system development services.
Chuangcaishenzao raises RMB 100 million in Series A+ financing
On 2026-09-07, according to Xiniu Data, Chuangcaishenzao completed Series A+ financing, raising RMB 100 million. Investors were co-lead investor Suzhou Yuanming Venture Capital Zhongxin (Limited Partnership), co-lead investor Jiangsu Nantongjinhui Venture Capital Partnership (Limited Partnership), participating investor Ningbo Meishanbaoshuigangqujinyiguquan Investment Management Partnership (Limited Partnership), participating investor Nanjing Hongfenghuanrong Investment Management Zhongxin (Limited Partnership), participating investor Tianjin Qingchenhaihe Intelligent Manufacturing Venture Capital Fund Partnership (Limited Partnership). The company is an AI and metallic materials developer.
Deep Principle completes equity financing
On 2026-09-07, according to Xiniu Data, Deep Principle completed equity financing for an undisclosed amount. Investors were Shanghai Modou Venture Capital Partnership (Limited Partnership), Shenzhen Huakongqianyan Technology Simu Venture Capital Fund Partnership (Limited Partnership), Xiangfeng Phase Two (Xiamen) Guquan Investment Partnership (Limited Partnership), Zhejiang Kangjunshukang Venture Capital Partnership (Limited Partnership). The company is a developer of AI driven materials.
Dongyi Technology completes equity financing
On 2026-09-07, according to Xiniu Data, Dongyi Technology completed equity financing for an undisclosed amount. Investors were Guangzhou Haizhushuzijingji Phase Two Venture Capital Partnership (Limited Partnership). The company is a developer of AI general-purpose humanoid robots.