News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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.
Lingchuangyigu completes Series C financing
On 2026-09-17, according to Xiniu Data, Lingchuangyigu completed Series C financing for an undisclosed amount. Investors were Beijing Jingji Technology Kaifaqu Science and Technology Innovation Guquan Investment Fund Phase Two (Limited Partnership). The company is a developer of neuromodulation and brain-computer interface medical devices.
Chemify receives GBP 22 million in government grants for Chemifarm expansion
On 2026/9/16, Scottish Enterprise announced GBP 22 million in government support for Chemify, including GBP 16 million from Scottish Enterprise and GBP 6 million from the UK government. Total project investment was GBP 89.9 million, including GBP 67.9 million from the company itself. Government grants must not be described as equity financing.
Lüdongxinsheng completes equity financing
On 2026-09-16, according to Xiniu Data, Lüdongxinsheng completed equity financing for an undisclosed amount. Investors were Shanghai Weilaiyongxianqiye Consulting Partnership (Limited Partnership), Shanghai Jishi Technology Partnership (Limited Partnership), Shanghai Puchuangmiaopu Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership), Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership) and others. The company is a developer of invasive brain-computer interface chips.
Xianyinweilai completes Pre-Series A financing
On 2026-09-16, according to Xiniu Data, Xianyinweilai completed Pre-Series A financing for an undisclosed amount. Investors were lead investor Yangzhou Jingkaihuayingxianjin Intelligent Manufacturing Investment Fund Partnership (Limited Partnership), participating investor Chengdu Yuanheyuandian Venture Capital Partnership (Limited Partnership), participating investor Lanchi Venture Capital, participating investor Gaoling Venture Capital, participating investor Binfu Capital, participating investor Kaifeng Venture Capital, other participating investors. The company is a developer of cable-driven flexible space robots.
Guangjian Technology completes Series C financing
On 2026-09-15, according to Xiniu Data, Guangjian Technology completed Series C financing for an undisclosed amount. Investors were Wuxi Liangxi Science and Technology City Development Venture Capital Partnership (Limited Partnership), Wuxi Bitesongling Artificial Intelligence Venture Capital Partnership (Limited Partnership). The company is a provider of solutions for 3D visual full-stack.
Saber hit £13M ARR bootstrapped with no sales team
On 2026/10/7, Prolific North reported that Saber, a UK AI SaaS company, achieved GBP 13 million in annualized revenue, approximately USD 17 million, without a sales team.
Cornelis raises USD 205 million
On 2026/9/14, AI and high-performance computing networking company Cornelis Networks announced new products and disclosed USD 205 million in funding. The original announcement did not specify a round; this record retains a note that evidence for the round remains to be added.
Edgify completes Series A+ financing of USD 9 million
On 2026-9-14, according to Xiniu Data, Edgify completed Series A+ financing of USD 9 million. Investors were Rank Ventures and Mangrove Capital Partners. The company is an edge computing technology developer.
Moxin Technology completes CNY 1 billion in equity financing
On 2026/9/11, Xiniu Data reported that Moxin Technology completed CNY 1 billion in equity financing. It develops consumer 3D printers. The company mainly operates in artificial intelligence.
Chaojixin Technology completes equity financing
On 2026-9-10, according to Xiniu Data, Chaojixin Technology completed equity financing with an undisclosed amount. Investors were Lishuixifuxinziyouzijin Investment Partnership (Limited Partnership). The company is a photoelectric integrated chip R&D and manufacturer.
Hangjing Innovation raises hundreds of millions of RMB in Series C financing
On 2026-09-10, according to Xiniu Data, Hangjing Innovation completed Series C financing, raising hundreds of millions of RMB. Investors were Yuanhang Capital, Shunxi Fund, Caixin Industry Fund, Xiangtou Fund, Zhongjin Capital, Xingxiang Capital. The company is a supplier of heavy-lift unmanned helicopter system solutions.
Harvey raises USD 550 million at a USD 15.5 billion valuation
On 2026/9/9, Harvey announced that the US legal AI company Harvey raised USD 550 million at a USD 15.5 billion valuation, co-led by Diffusion and Lightspeed.
Keyfactor discloses ARR exceeding USD 200 million
On 2026/9/9, Keyfactor officially announced that the US machine identity and certificate management company had exceeded USD 200 million ARR, reaching the milestone early in the third quarter. ARR grew more than 35% year over year and it remained profitable.
Qinglanshijie completes equity financing
On 2026-09-09, according to Xiniu Data, Qinglanshijie completed equity financing for an undisclosed amount. Investors were Lüjianhuifukexiang (Huzhou) Venture Capital Partnership (Limited Partnership). The company is a provider of software services.
Weina Hexin Raises RMB 1B in C1 Round
On September 9, 2026, Hangzhou-based Weina Hexin, a 3D compute-in-memory AI chip developer, raised RMB 1 billion in a C1 round backed by US-China Capital, Yuanhao Investment, Jinpu Investment, Sunshine Life and Oriza Puhua.
Zhenaoshuzhi completes equity financing
On 2026-09-09, according to Xiniu Data, Zhenaoshuzhi completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of AI digital employees for marketing.
Capacity raises USD 54 million in Series E financing
On 2026-09-08, according to Xiniu Data, Capacity completed Series E financing, raising USD 54 million. Investors were Geren Investment Ren. The company is a provider of AI and cloud-based simplified data search services.
Enflame Tech raises RMB 1.223 billion in equity financing
On 2026-09-08, according to Xiniu Data, Enflame Tech completed equity financing, raising RMB 1.223 billion. Investors were Zhongxin Securities Co., Ltd., Shanghai Qishan Investment Co., Ltd., Shenzhen City Waitan Technology Kaifa Co., Ltd., Wuhan Yibayiling Enterprise Management Co., Ltd., Tongfuwei Electronics Co., Ltd., Zhongxingtongxun Co., Ltd., Shanghai Xinzhishidai Enterprise Management Co., Ltd., Shanghai Aidixi Technology Fuwu Co., Ltd., Shebao Fund and others. The company is a developer of cloud AI chips and intelligent computing clusters.
Fluencify surpasses $2M ARR in just six months as it raises $4.3M pre-seed funding
On 2026/9/8, TechStartups reported that Sweden's Fluencify surpassed USD 2 million in ARR within six months while completing USD 4.3 million in pre-seed funding.
Weifen Zhifei raises hundreds of millions of CNY in Series A2
On 2026/9/7, Sina Finance reported that Chinese general-purpose flight AI company Weifen Zhifei had raised hundreds of millions of CNY in Series A2 funding, with existing investor Hongtai Fund investing again. Gao Fei founded the company, and funds would support product iteration and scaled delivery of general-purpose flight AI.
ACE raises close to USD 40 million in a new round; ACE Studio monthly revenue reaches millions of US dollars
On 2026/9/4, China Securities Journal reported that ACE, the developer of AI music creation company ACE Studio, raised close to USD 40 million in a new funding round, without specifying the round. It also disclosed monthly revenue of millions of US dollars, without an exact amount or measurement month.