News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Jindieshikong completes equity financing
On 2026-08-18, according to Xiniu Data, Jindieshikong completed equity financing for an undisclosed amount. Investors were Brizan Ventures VII LP, Hangzhou Jindie Venture Capital Partnership (Limited Partnership), Zhuhai Xinchen Investment Co., Ltd., Zhuhai Huixin Investment Partnership (Limited Partnership), Shenzhen City Naixinyihao Venture Capital Partnership (Limited Partnership). The company is a developer and manufacturer of RISC-V high-performance CPU chips.
LINXAI completes strategic financing
On 2026-08-18, according to Xiniu Data, LINXAI completed strategic financing, raising RMB 70 million. Investors were lead investor Zhongshangaoxinzhiguang Venture Capital Fund Partnership (Limited Partnership). The company is a developer of intelligent robots.
OpenCSG completes Pre-Series A financing
On 2026-08-18, according to Xiniu Data, OpenCSG completed Pre-Series A financing, raising hundreds of millions of RMB. Investors were Jingan Capital, Shibeigaoxin, Shanghai Guangqihuichan Phase One Private Investment Fund Partnership (Limited Partnership), Yanchenghuanghaihuichuangdongfang Industrial Investment Fund Partnership (Limited Partnership), Shanghai Xinjingpu Venture Capital Partnership (Limited Partnership) and others. The company is a provider of open-source large-model ecosystem platforms.
Qingchengshuzi completes equity financing
On 2026-08-18, according to Xiniu Data, Qingchengshuzi completed equity financing for an undisclosed amount. Investors were Xuyidouliangzhichuang Industrial Investment Fund Partnership (Limited Partnership), Yuanqi Innovation, Qingdao Dinghui Investment Co., Ltd.. The company is a digital technology services provider.
Sisheng Technology completes seed financing
On 2026-08-18, according to Xiniu Data, Sisheng Technology completed seed financing, raising tens of millions of RMB. Investors were lead investor Guoqi Investment, participating investor Yuanhepuhua, participating investor GHIC, participating investor Yingnuo Fund, participating investor Shuimuqinghuaxiaoyouzhongzi Fund. The company is a developer of ultrasound brain-computer interfaces.
Smack Technologies completes Series B financing
On 2026-08-18, according to Xiniu Data, Smack completed Series B financing, raising USD 61 million. Investors were Costanoa Ventures, First In, Point72 Ventures, Geodesic Capital. The company is a provider of U.S. AI defense technology services.
Stripe nears deal to acquire OpenRouter for $7B+
On 2026/8/18, Bloomberg reported that Stripe, a US payments company, was nearing a deal to acquire AI model routing platform OpenRouter for more than USD 7 billion.
Synthefy raises USD 6.5 million seed round
On 2026/8/18, Synthefy announced that the US company had raised USD 6.5 million in seed funding led by Wing Venture Capital, with participation from Haystack, Samsung Next, Canonical and Lightscape.
Tushenzhihe completes Pre-Series A financing
On 2026-08-18, according to Xiniu Data, Tushenzhihe completed Pre-Series A financing for an undisclosed amount. Investors were Shanghai Qianjunce Consulting Management Partnership (Limited Partnership). The company is an AI protein design services provider.
Venice ARR hit $100M with focus on privacy-first AI
On 2026/8/18, LinkedIn reported that Venice, a US privacy-first AI browser, reached USD 100 million in ARR. The company is a privacy AI browser team.
Whisp Flow hit $100M ARR at ~40x YoY revenue growth with $2B valuation
On 2026/8/18, YouTube reported that US company Whisp Flow reached USD 100 million in ARR, with annual revenue growth of approximately 40 times and a valuation of USD 2 billion.
Coddie completes equity financing
On 2026-08-17, according to Xiniu Data, Coddie completed equity financing for an undisclosed amount. Investors were Chengdu Zhongdingxinxingguquan Investment Partnership (Limited Partnership), Changsha Qifuzhongxiaoqiye Development Investment Fund Partnership (Limited Partnership). The company is a provider of branded AI smart hardware for maternal and infant care.
Gravis Robotics completes Series A financing
On 2026-08-17, according to Xiniu Data, Gravis Robotics completed Series A financing, raising USD 200 million. Investors were SoftBank. The company is a developer of autonomous driving kits for construction machinery.
Hanxu Technology completes equity financing
On 2026-08-17, according to Xiniu Data, Hanxu Technology completed equity financing for an undisclosed amount. Investors were Shanghai Guoxiangshangyuan Private Investment Fund Partnership (Limited Partnership), Xindongneng Technology Investment Management (Tianjin) Partnership (Limited Partnership). The company is a developer of magnetic computing chips.
Higgsfield completes equity financing
On 2026-08-17, according to Xiniu Data, Higgsfield completed equity financing, raising USD 400 million. Investors were Valor Capital Group, Tribe Capital, Smash Ventures, NTT DOCOMO Ventures and others. The company is a provider of U.S. AI generation video services.
Lanxingqicang completes equity financing
On 2026-08-17, according to Xiniu Data, Lanxingqicang completed equity financing for an undisclosed amount. Investors were Xiangzhouzhiyi (Shanghai) Enterprise Management Partnership (Limited Partnership), Shanghai Innovation Gongchangzhichuang Venture Capital Partnership (Limited Partnership). The company is an intelligent technology services provider.
Mifeng Technology completes equity financing
On 2026-08-17, according to Xiniu Data, Mifeng Technology completed equity financing, raising hundreds of millions of RMB. Investors were lead investor China Dianxin, participating investor Zhangjiang Group, participating investor Hongshan China, participating investor Yuanqi Innovation, other participating investors. The company is a one-stop physical AI data services platform provider.
PandaAI completes angel financing
On 2026-08-17, according to Xiniu Data, PandaAI completed angel financing, raising tens of millions of RMB. Investors were lead investor L2F Guangyuanchuangyezhe Fund. The company is an AI trading infrastructure developer.
Qingxingyigou completes Series A financing
On 2026-08-17, according to Xiniu Data, Qingxingyigou completed Series A financing, raising RMB 100 million. Investors were Jiaxingjingkaihuizhang Venture Capital Partnership (Limited Partnership), Anhui Gaotouxingtongyingling Venture Capital Partnership (Limited Partnership), Taizhoushidaodexinhangguquan Investment Partnership (Limited Partnership), Chengdu Senlan Investment Co., Ltd., Lishi Investment, Zhongzigongsi, Xuhui Capital and others. The company is a developer of quantum AI models and heterogeneous computing systems.
Synapath AI completes angel financing
On 2026-08-17, according to Xiniu Data, Synapath AI completed angel financing, raising tens of millions of RMB. Investors were Linge Venture Capital, Shenzhen Gaoxintou and others. The company is a physical AI infrastructure company.
Wispr Flow Raises $280M Series B at $2B Valuation
On August 17, 2026, per Wispr Flow, cross-app personal voice input tool company raised $280M in a Series B at a $2B valuation led by Menlo Ventures with Notable Capital. The company was co-founded by Tanay Kothari and Sahaj Garg; Kothari serves as CEO.
Wubote completes equity financing
On 2026-08-17, according to Xiniu Data, Wubote completed equity financing for an undisclosed amount. Investors were Gongqingchengruizhan Phase Three Venture Capital Fund Partnership (Limited Partnership). The company is an embodied intelligence technology services provider.
Wuwenxinqiong completes equity financing
On 2026-08-17, according to Xiniu Data, Wuwenxinqiong completed equity financing for an undisclosed amount. Investors were Peikun Investment. The company is a provider of heterogeneous AI computing infrastructure.
Xiaoyin Technology completes equity financing
On 2026-08-17, according to Xiniu Data, Xiaoyin Technology 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 embodied robots and AI application services.