News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Ora-Orb raises tens of millions of RMB in seed financing
On 2026-9-18, according to Xiniu Data, Ora-Orb completed seed financing, raising tens of millions of RMB. Investors were Meihua Venture Capital.
Profound raises USD180 million in Series D financing at a USD1.8 billion valuation
On 2026/9/18, according to Profound, Profound reported a revenue growth signal in the AI Sales & Marketing sector.
Shutu Tech Raises ~RMB 100M in Pre-A Round
On September 18, 2026, Shenzhen-based Shutu Tech, a physical-AI infrastructure and tactile technology developer, raised close to RMB 100 million in a Pre-A round co-led by CDH Baifu and Kunpeng Fund.
Viktor ARR hit $50M in just 7 months
On 2026-9-18, according to LinkedIn, US-based Viktor reached USD 50 million ARR in only 7 months; the company is a fast-growing AI startup team.
Xili Photonics Raises RMB 100M+ in Pre-A Round
On September 18, 2026, Shanghai-based Xili Photonics, a provider of thin-film lithium niobate photonic engines for AI data-center optical interconnects, raised over RMB 100 million in a Pre-A round led by Futeng Capital.
Zhipu Completes RMB 20.14B Convertible Bond Issuance
On September 18, 2026, Zhipu (Z.AI) completed a USD-settled zero-coupon convertible bond issuance with RMB 20.14 billion in principal (approximately USD 3.016 billion gross), due 2027, with subscribers undisclosed, as disclosed to HKEX.
Zhongyijushen raises RMB 100 million in angel financing
On 2026-09-18, according to Xiniu Data, Zhongyijushen completed angel financing, raising RMB 100 million. Investors were lead investor Anda Intelligence, participating investor Shenzhen City Shenganghengtian Venture Capital Partnership (Limited Partnership), participating investor Beijing Jungerui Technology Development Co., Ltd., participating investor Dongwanshishengshengshiye Investment Co., Ltd.. The company is a developer of embodied intelligence technology.
Acgnai completes equity financing
On 2026-09-17, according to Xiniu Data, Acgnai completed equity financing for an undisclosed amount. Investors were Chaoxiziben Hong Kong Co., Ltd., Hongshanzhongzi Fund, Beijing Baiduwangxun Technology Co., Ltd., Shanghai Gaolingchenjunguquan Investment Partnership (Limited Partnership), Zhejiang Yingshi Industry International Hezuoshiyanquxixi Investment Management Co., Ltd., Weixuan Co., Ltd., WELIGHT CAPITAL L.P., Yuanma Capital. The company is a provider of commercial intelligent design solutions.
Airscale ARR hit $2M with 1500+ customers bootstrapped
On 2026/9/17, LinkedIn reported that France's Airscale, operating on a bootstrapped basis, reached USD 2 million in ARR and more than 1500 customers. The company remains bootstrapped.
Arcee.ai raises USD 150 million in Series B financing
On 2026-09-17, according to Xiniu Data, Arcee.ai completed Series B financing, raising USD 150 million. Investors were Emergence Capital Partners, Cambium Capital Partners, Vista Equity Partners, A10 Ventures, Wipro, Prosperity7 Ventures, Weiruan Venture Capital, IAG, Rili Venture Capital. The company is a U.S. AI large model development platform.
Crusoe raises USD 3.9 billion Series F at USD 30.9 billion valuation
On 2026/9/17, Unite.AI reported that US AI cloud and data center infrastructure company Crusoe had raised USD 3.9 billion in Series F funding at a USD 30.9 billion valuation, with participation from Atreides, Mubadala and Valor.
Emulate raises USD 700 million in seed financing
On 2026-09-17, according to Xiniu Data, Emulate completed seed financing, raising USD 700 million. Investors were Index Ventures, Lightspeed Venture Partners and others. The company is a developer of large models.
Ferry Health raises USD 9 million in seed financing
On 2026-09-17, according to Xiniu Data, Ferry Health completed seed financing, raising USD 9 million. Investors were a16z, Index Ventures, Avid Ventures, Layout Ventures, SV Angel, Box Group, Asymmetric Capital and others. The company is a provider of AI healthcare navigation services.
Freeride AI raises millions of USD in seed financing
On 2026-09-17, according to Xiniu Data, Freeride AI completed seed financing, raising millions of USD. Investors were L2F Guangyuanchuangyezhe Fund. The company is a developer of AI technology.
Hengkong Technology completes equity financing
On 2026-09-17, according to Xiniu Data, Hengkong Technology completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership), Wuhan Guanggutianshi Venture Capital Partnership (Limited Partnership). The company is a provider of AI visual perception solutions for specialized environments.
HeyReach bootstrapped to $17M+ ARR in 3 years
On 2026-9-17, according to LinkedIn, US outreach automation platform HeyReach surpassed USD 17 million ARR after three years of bootstrapped operation. The company remains bootstrapped.
Horizon Robotics subsidiary D-Robotics raises USD 400 million Series C
On 2026/9/17, D-Robotics, a robotics subsidiary of Horizon Robotics, announced USD 400 million in Series C funding led by Mirae Asset. Follow-on investors included Meituan’s strategic investment arm, government-backed platforms including Hefei Guotou and Nanshan Zhanxintou, and leading institutions including Cathay Capital, GF Xinde and GL Ventures. Since its Series A in 2025, D-Robotics had disclosed USD 770 million in cumulative funding.
InboxKit ARR hit $18M in just 16 months
On 2026/9/17, LinkedIn reported that US company InboxKit reached USD 18 million in ARR in just 16 months. The company is an email and inbox AI team.
Jack & Jill raises $40M Series A to scale AI-driven hiring introductions
On 2026/9/17, Jack & Jill reported that the US AI recruitment introductions platform completed USD 40 million in Series A funding to expand its AI-driven hiring introductions business.
Jizhiyujianciyuan completes equity financing
On 2026-09-17, according to Xiniu Data, Jizhiyujianciyuan completed equity financing for an undisclosed amount. Investors were Shenzhen City Luohuqudatai Artificial Intelligence Zhongzi Venture Capital Fund Partnership (Limited Partnership). The company is a developer of AI multimodal AI agent.
Kastle raises USD 24 million in Series A financing
On 2026-09-17, according to Xiniu Data, Kastle completed Series A financing, raising USD 24 million. Investors were lead investor Insight Partners, participating investor Y Combinator, participating investor Fifth Wall, participating investor Commerce Ventures. The company is a developer of financial consumer credit AI customer service platforms.
Kelixinxu raises RMB 50 million in equity financing
On 2026-09-17, according to Xiniu Data, Kelixinxu completed equity financing, raising RMB 50 million. Investors were lead investor Yingnuo Fund, participating investor Yijing Capital, participating investor Xiaomiaolangcheng, participating investor Linge Venture Capital. The company is a developer of AI4S scientific foundation models.
Last Asylum: Plague exceeds USD 25 million overseas revenue in month 8
Sensor Tower estimated that Sanqi Interactive Entertainment’s mobile game Last Asylum: Plague had exceeded USD 25 million in overseas revenue in 2026/8. This is estimated product revenue. Separately, the company’s first-half 2026 report, covering the period ended 6/30, said AI assisted more than 80% of 2D artwork and localization covered 18 languages. These facts cover different periods.
LiberAI Raises Hundreds of Millions in Pre-A++ Round
On September 17, 2026, Beijing-based LiberAI, an embodied-intelligence and physical world model developer, raised hundreds of millions of RMB in a Pre-A++ round backed by Zhongguancun Science City, Daochen VC, Gaoxin Capital and Huaying Capital. It was founded by Liu Songming.