News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Zidong Taichu completes equity financing
On 2026-08-30, according to Xiniu Data, Zidong Taichu completed equity financing for an undisclosed amount. Investors were Shanghai Yingyichengshiguihuasheji Co., Ltd., Zhongjiaoyuanzhoujiaotong Technology Group Co., Ltd., Beijing Jinkehuisheng Venture Capital Partnership (Limited Partnership), Jinjiangxingfushishi Venture Capital Partnership (Limited Partnership), Shenzhen Anbotong Innovation Investment Co., Ltd., Zhenjiangfuxixinxing Industry Venture Capital Fund (Limited Partnership). The company is a developer of multimodal artificial general intelligence large models.
Biren Technology reports CNY 1.236 billion revenue in the first half of 2026
On 2026/8/29, IT Home reported that Chinese AI chip company Biren Technology had generated CNY 1.236 billion in revenue in the first half of 2026, approximately USD 183.9 million, growing 1997.6% year over year.
Bolunzhihui completes equity financing
On 2026-08-29, according to Xiniu Data, Bolunzhihui completed equity financing for an undisclosed amount. Investors were Tianjin Hongyezhijia Private Equity Investment Fund Partnership (Limited Partnership). The company is a provider of technical services for heterogeneous intelligent computing platforms and gradient Token factories.
Xinque Technology completes seed financing
On 2026-08-29, according to Xiniu Data, Xinque Technology completed seed financing, raising tens of millions of RMB. The company is a developer of embodied robots.
Aishang Intelligence completes equity financing
On 2026-08-28, according to Xiniu Data, Aishang Intelligence completed equity financing for an undisclosed amount. Investors were Wuhujingji Technology Kaifaquweida Venture Capital Co., Ltd., Anhui Mojiazhichuang Robotics Technology Co., Ltd., Shanghai Lingchu Intelligence Technology Co., Ltd.. The company is a developer of embodied intelligence algorithms.
Cognition ARR hit $900M, tripling growth since start of the year
On 2026/8/28, The Information reported that Cognition, a US AI programming company, reached USD 900 million in ARR, with twofold growth since the start of the year. The company continues growing rapidly.
DeepSeek is closing a second external round of roughly 50 billion yuan ($7.4B)
In late 2026/8, genztech reported that Chinese AI large-model company DeepSeek was nearing completion of its second external funding round, totaling approximately CNY 50 billion, or approximately USD 7.4 billion, at a pre-money valuation of approximately USD 74 billion.
Jincheng Technology completes Series A financing
On 2026-08-28, according to Xiniu Data, Jincheng Technology completed Series A financing for an undisclosed amount. Investors were Shanghai Lingangqichuangshengke Private Investment Fund Partnership (Limited Partnership), Shanghai Aochuangxiandao Venture Capital Partnership (Limited Partnership). The company is a developer of industrial time-series control large models.
Linghengshu completes equity financing
On 2026-08-28, according to Xiniu Data, Linghengshu completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a provider of AI industry application services.
Melius hit 100% MoM growth with rapid adoption of creative AI agents
On 2026/8/28, X reported that US company Melius achieved 100% month-over-month growth through rapid adoption of its creative AI agents. The company is a creative AI agent team.
Modoulingke completes equity financing
On 2026-08-28, according to Xiniu Data, Modoulingke completed equity financing for an undisclosed amount. Investors were Beijing Xingliandingsenguquan Investment Fund Partnership (Limited Partnership), Wuxianqihanghaihe (Tianjin) Venture Capital Partnership (Limited Partnership), Xinghaitu (Beijing) Artificial Intelligence Technology Co., Ltd.. The company is a developer of AI system software.
Orca3d completes Series A+ financing
On 2026-08-28, according to Xiniu Data, Orca3d completed Series A+ financing, raising hundreds of millions of RMB. Investors were lead investor Zhongjin Capital, participating investor Aosheng Technology, participating investor Shanghai Tianshihui, participating investor Fengyuzhu, participating investor Qiaobei Capital, participating investor Zhongxin Fund, other participating investors. The company is a physical AI simulation infrastructure services provider.
Outbid made $230k revenue in under a week by solo founder
On 2026/8/28, X reported that US company Outbid generated USD 230,000 in revenue through a solo founder in less than a week. The product serves auction and trading scenarios. The company continues developing.
Popi AI raises seed funding from Pudong AI Seed Fund
AI content company Popi AI, operated by Shanghai Ciyuan Moyin Technology, raised seed funding from Pudong AI Seed Fund. It had previously received tens of millions of CNY from Baidu Ventures in 2025/10.
PureblueAI completes angel financing
On 2026-08-28, according to Xiniu Data, PureblueAI completed angel financing, raising tens of millions of RMB. Investors were Puke Investment, Jiufangzhitou, Huatai Innovation Investment Co., Ltd. and others. The company is a provider of AI marketing technology and services.
Qianzhang Technology completes equity financing
On 2026-08-28, according to Xiniu Data, Qianzhang Technology completed equity financing for an undisclosed amount. Investors were Beijing Yingnuoweilai Technology Venture Capital Fund Partnership (Limited Partnership). The company is a developer of whole-body foundation models for humanoid robots.
Qingzhichuangyou completes equity financing
On 2026-08-28, according to Xiniu Data, Qingzhichuangyou completed equity financing for an undisclosed amount. Investors were Tianjin Shuimuhaitanghaihe Venture Capital Zhongxin (Limited Partnership). The company is a developer of AI gaming.
Ruilaizhihui completes equity financing
On 2026-08-28, according to Xiniu Data, Ruilaizhihui completed equity financing for an undisclosed amount. Investors were Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership). The company is a provider of AI safety and industry-specific large model application services.
RWKV completes equity financing
On 2026-08-28, according to Xiniu Data, RWKV completed equity financing for an undisclosed amount. Investors were Shenzhen City Longgangqulongchuangquanyaosu Venture Capital Fund Partnership (Limited Partnership). The company is a developer of domestic open-source non-Transformer large models.
Shenshu Technology completes equity financing
On 2026-08-28, according to Xiniu Data, Shenshu Technology completed equity financing for an undisclosed amount. Investors were Shanghai Yuanhepuhuaweilaizhongzi Venture Capital Partnership (Limited Partnership), Rugaojiaodahanyuanguquan Investment Partnership (Limited Partnership). The company is a developer and service provider for AI application software.
Shiye Technology completes equity financing
On 2026-08-28, according to Xiniu Data, Shiye Technology completed equity financing for an undisclosed amount. Investors were Shenzhen City Huaizezhongzhaotianshi Phase Two Simu Venture Capital Fund Partnership (Limited Partnership). The company is a developer of smart wearables for cycling.
StackOptimise reaches USD 3 million ARR in two years
On 2026/8/28, LinkedIn reported that UK company StackOptimise had reached USD 3 million ARR in two years. It said all closed projects had been influenced by its LinkedIn content strategy.
Sunrise completes equity financing
On 2026-08-28, according to Xiniu Data, Sunrise completed equity financing, raising RMB 2 billion. Investors were Zhengda Group, Jiuan Medical, Yingfenghuanjing, Tongchenglüxing Holdings, Renbao Capital, Jianxinguquan, Janchor Partners, Zhongkechuangxing, Tongchuangweiye, Dongfang International, Jinhualun Capital, Linxin Investment, Yida Capital, Hupanhongsheng Fund, Honghui Fund, Sanqihuyu and others. The company is a developer of AI inference GPU chips and full-stack solutions.
Transfyr completes seed financing
On 2026-08-28, according to Xiniu Data, Transfyr completed seed financing, raising USD 25 million. Investors were General Catalyst, Lux Capital, Breakout Ventures, Factory, Neo, SVA, MVP Ventures, Underscore VC, Geren Investment Ren. The company is a U.S. provider of physical AI infrastructure for science.