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Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Weifan Intelligence completes seed financing
On 2026-08-24, according to Xiniu Data, Weifan Intelligence completed seed financing, raising RMB 100 million. Investors were Yanchuang Capital, Haiyi Investment, Zhongjin Capital, Jiukun Venture Capital, Zeyu Capital, Shanhanguangceng, Daohechangqi Investment, Jiuzhao Investment, Songyandongli, Shenzhen Kunhejuyuan Venture Capital Partnership (Limited Partnership). The company is a developer of embodied intelligence fusion chips.
Xiaopeng Robotics completes equity financing
On 2026-08-24, according to Xiniu Data, Xiaopeng Robotics completed equity financing, raising USD 900 million. Investors were lead investor IDG Capital, participating investor Gaorong Venture Capital, participating investor Tengxun, participating investor Alibaba. The company is a developer of humanoid robots.
Xinyunshengke completes angel financing
On 2026-08-24, according to Xiniu Data, Xinyunshengke completed angel financing, raising tens of millions of RMB. Investors were Yifeng Capital. The company is a developer of AI cerebrovascular interventional ultrasound diagnostic systems.
Yitadongli completes equity financing
On 2026-08-24, according to Xiniu Data, Yitadongli completed equity financing for an undisclosed amount. Investors were MPC VII PTE. LTD., Shanghai Guoxiangshangyuan Private Investment Fund Partnership (Limited Partnership), Jiaxingjinciguquan Investment Partnership (Limited Partnership), Hainan Guangzhiyuan Management Consulting Co., Ltd.. The company is a developer and manufacturer of humanoid robot power systems.
Zhongshuruizhi completes strategic financing
On 2026-08-24, according to Xiniu Data, Zhongshuruizhi completed strategic financing, raising hundreds of millions of RMB. Investors were lead investor Zhongwangtou, participating investor Su Venture Capital, participating investor Quanguoshebao Fund, participating investor Jinrongjie Capital, participating investor Gongyin Capital, participating investor Kunlun Capital, other participating investors. The company is a one-stop provider of large model development and application services.
Gamgee completes seed financing
On 2026-08-23, according to Xiniu Data, Gamgee completed seed financing, raising USD 4 million. Investors were lead investor Founders Fund, participating investor Y Combinator, participating investor Celine Halioua, participating investor Arash Ferdowsi. The company is a developer of AI personalized mRNA cancer vaccines.
Naoqishidai completes seed financing
On 2026-8-23, according to Xiniu Data, Naoqishidai completed seed financing of tens of millions of RMB. Investors were lead investor Yuanhepuhua and participating investor Shanghai Yuanqiyicai Venture Capital Management Partnership (Limited Partnership). The company is a whole-brain interface brain-computer interface developer.
The 5 Fastest-Growing Companies of the Week (August 23, 2026)
On 2026/8/23, ARR Club's weekly report included Fomo's annualized revenue run rate exceeding USD 150 million. The company operates a cryptocurrency trading platform, so this metric should not be treated as subscription ARR.
Vasion exceeds USD 100 million ARR
On 2026/8/23, LinkedIn reported that US company Vasion had disclosed ARR exceeding USD 100 million. It was strengthening its operations to support the next stage of growth.
Brightendata completes Pre-Series A financing
On 2026-08-21, according to Xiniu Data, Brightendata completed Pre-Series A financing, raising tens of millions of RMB. Investors were lead investor Yingfutaike (Beijing) Science and Technology Innovation Venture Capital Fund (Limited Partnership), participating investor Beijing Jingji Technology Kaifaquzhongzi Investment Fund (Limited Partnership). The company is a developer of enterprise data intelligence service software.
Diananda Intelligence completes Series A financing
On 2026-08-21, according to Xiniu Data, Diananda Intelligence completed Series A financing for an undisclosed amount. Investors were lead investor Fuxing Capital, participating investor Hainan Venture Capital. The company is a provider of new computing infrastructure and AI services.
Fuzhijingyi completes equity financing
On 2026-08-21, according to Xiniu Data, Fuzhijingyi completed equity financing for an undisclosed amount. Investors were Shanghai Chuangjinghean Consulting Management Partnership (Limited Partnership). The company is a developer of AI medical software and genetic technology.
Guideless completes seed financing
On 2026-08-21, according to Xiniu Data, Guideless completed seed financing, raising EUR 1 million. Investors were lead investor Superhero Capital, participating investor FIRSTPICK VC, participating investor Thomas Plantenga, participating investor Vytautas Atkočaitis, participating investor Mantas Mikuckas. The company is an AI-driven software training and operational knowledge platform.
Longdianjing completes equity financing
On 2026-08-21, according to Xiniu Data, Longdianjing completed equity financing for an undisclosed amount. Investors were Wuhan City Cheguke Venture Capital Zi Fund Partnership (Limited Partnership). The company is a developer of puncture surgery robots.
Longshu Intelligence completes equity financing
On 2026-08-21, according to Xiniu Data, Longshu Intelligence completed equity financing for an undisclosed amount. Investors were Beijing Jinshajiangchaohua Phase Five Venture Capital Fund Partnership (Limited Partnership), Guangdong Hongchuanyuanxingchi Venture Capital Partnership (Limited Partnership). The company is an AI-native application engine developer.
Panpuluona completes Pre-Series A financing
On 2026-08-21, according to Xiniu Data, Panpuluona completed Pre-Series A financing for an undisclosed amount. Investors were Hubei Changjiangketouyuanchuangliqingyuanlian Venture Capital Partnership (Limited Partnership). The company is an AI-driven developer of innovative targeted protein degradation drugs.
Quanyu Intelligence completes seed financing
On 2026-08-21, according to Xiniu Data, Quanyu Intelligence completed seed financing, raising tens of millions of RMB. Investors were lead investor Zhaoshangju Venture Capital, participating investor Shendan Venture Capital, participating investor Sanqihuyu, participating investor Tongxuecun Venture Capital. The company is a developer of non-invasive brain-computer interface foundation large models.
Rixingji Intelligence completes equity financing
On 2026-08-21, according to Xiniu Data, Rixingji Intelligence completed equity financing for an undisclosed amount. Investors were Baidu (Hong Kong) Co., Ltd., Baidushidai Network Technology (Beijing) Co., Ltd.. The company is a developer of fully automated AI scientific research systems.
Shanzeruitan completes equity financing
On 2026-08-21, according to Xiniu Data, Shanzeruitan completed equity financing for an undisclosed amount. Investors were Shanghai Zizhuxiaomiaolangkun Venture Capital Partnership (Limited Partnership), Shanghai Dalinghaowanceyuanerhao Venture Capital Partnership (Limited Partnership). The company is a provider of PCB processing services for AI servers.
ViewX completes equity financing
On 2026-08-21, according to Xiniu Data, ViewX completed equity financing for an undisclosed amount. Investors were Wuhuaitaikeqiche Electronics Co., Ltd.. The company is a developer of AI-driven portable glasses-free 3D displays.
Weihengqiyuan completes equity financing
On 2026-08-21, according to Xiniu Data, Weihengqiyuan completed equity financing for an undisclosed amount. Investors were Huiyun Technology Holdings Co., Ltd., Hangzhou Xinhanyuan Management Consulting Partnership (Limited Partnership). The company is a developer of 3D AI on-device inference LPU chips.
Yingwei Innovation completes equity financing
On 2026-08-21, according to Xiniu Data, Yingwei Innovation completed equity financing for an undisclosed amount. Investors were Shenzhen City Artificial Intelligence Zhongduan Industry Private Equity Investment Fund Partnership (Limited Partnership). The company is a developer of edge and on-device AI chips.
Zhiyinwujie completes equity financing
On 2026-08-21, according to Xiniu Data, Zhiyinwujie completed equity financing for an undisclosed amount. Investors were Shenzhen Longhuadanlu Medical Zhongziqi Venture Capital Fund Partnership (Limited Partnership), Shenzhen Danlu Venture Capital Fund Partnership (Limited Partnership). The company is a developer of AI software.
Alibaba quarterly revenue exceeds USD 39.6 billion, up 9% year over year
On 2026/8/20, Alibaba reported that the Chinese company's quarterly revenue exceeded USD 39.6 billion, up 9% year over year. AI cloud and computing services revenue was USD 7.1 billion, up 45% year over year, while AI-related product revenue was USD 1.8 billion.