News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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.
Deep Material Raises ~RMB 100M in A+ Round
On September 16, 2026, Tianjin-based Deep Material, an AI materials design and automated high-throughput experimentation platform, raised close to RMB 100 million in an A+ round co-led by Source Code Capital and Jinyu Maowu. It was founded and led by Wang Xuanze.
EnduroSat Raises $205M to Scale Satellite Manufacturing
On September 16, 2026, per EnduroSat, satellite manufacturing and space services company raised $205M co-led by Riot Ventures and Atreides Management with Founders Fund, GV and Lux.
Exein ARR hit $10M+ with $270M funding round
On 2026-9-16, according to FT, Italian IoT security company Exein surpassed USD 10 million ARR after completing a USD 270 million financing round. The company continues to grow.
Factory AI raises USD 200 million in Series C+ financing
On 2026-09-16, according to Xiniu Data, Factory AI completed Series C+ financing, raising USD 200 million. Investors were Heishichuangfu, Kesilafengtou, Hongshan Capital (Haiwai), Insight Partners, Evantic, Sound Ventures, Enyi Investment, Mantis VC, Clearlake Capital, Geren Investment Ren. The company is a developer of agent-native software.
Gongshengwujie raises RMB 10 million in angel financing
On 2026-9-16, according to Xiniu Data, Gongshengwujie completed angel financing, raising RMB 10 million. Investors were Shenzhen Gaoxintou.
Haluo Robotaxi raises USD 100 million in equity financing
On 2026-09-16, according to Xiniu Data, Haluo Robotaxi completed equity financing, raising USD 100 million. Investors were lead investor Shanghai Guotouxiandao Private Fund Management Co., Ltd., participating investor Minjintou, participating investor Chuangshihuoban. The company is a developer and application provider of L4 autonomous driving technology.
Hidreamai launches its first video generation model HD-V1 and completes Series C+ funding
Hidreamai launched video generation model HD-V1 and announced completion of Series C+ funding from Xinwei Capital, Jiaozi Capital, and Gongyin Capital. The amount was undisclosed.
Horizon3 ARR nearing $100M with 120% year-over-year growth
On 2026/9/16, ValueAdd VC reported that Horizon3, a US automated penetration testing company, was approaching USD 100 million in ARR, with year-over-year growth of 120%.
Impulse Space Raises $308M Series D Extension at ~$5.4B Valuation
On September 16, 2026, per Impulse Space, spacecraft, propulsion and in-orbit transportation company raised $308M in a Series D extension, bringing the round to $808M total at a valuation of about $5.4B. The company was founded by Tom Mueller, former SpaceX propulsion systems lead.
Langdock ARR hit €50M with 13,000+ organizations onboard using its AI platform
On 2026/9/16, according to LinkedIn, German enterprise AI assistant platform Langdock reached USD55 million in ARR, approximately EUR50 million, with 13,000 organizations connected.
Listen Labs reaches USD 30 million in ARR
On 2026/9/16, TechCrunch reported that Listen Labs disclosed annual recurring revenue (ARR) of USD 30 million in the AI Sales & Marketing sector.
Loora raises USD 22 million in Series B funding, with tens of millions of US dollars in ARR and revenue doubling within a year
Loora raised USD 22 million in Series B funding in 2026/9, led by Union Tech Ventures with participation from existing investors including Hearst Ventures. ARR reached tens of millions of US dollars and revenue doubled within a year, bringing total funding above USD 43 million. It planned to expand its team from more than 30 to 60 within six months.
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.
ModelBest Secures Strategic Investment
On September 16, 2026, Beijing-based ModelBest, a developer of efficient on-device large models, completed a strategic investment from Shanxi Securities Investment with the amount undisclosed.
Nuoyi Innovation completes equity financing
On 2026-9-16, according to Xiniu Data, Nuoyi Innovation completed equity financing. Investors were Beijing Jiuheshenhong Venture Capital Fund Partnership (Limited Partnership).
PaXini Tech Raises Hundreds of Millions in B++ Round
On September 16, 2026, Beijing-based PaXini Tech, a tactile sensing and embodied-intelligence perception provider, raised hundreds of millions of RMB in a B++ round backed by Guangxin Fund, Sichuan Provincial Sci-Tech Investment Group and Suqian Industrial Development VC. It was founded by Xu Jincheng.
Pinghengmu Technology completes equity financing
On 2026-9-16, according to Xiniu Data, Pinghengmu Technology completed equity financing. Investors were Ningbo Shunyuanlitaiguquan Investment Fund Management Partnership (Limited Partnership).
Profound raises $180M Series D at a $1.8B valuation
On 2026/9/16, Profound officially announced that it completed USD 180 million in Series D funding at a valuation of USD 1.8 billion.
RealFast achieves $3M revenue in H1 2026 with 60% profit margins
On 2026/9/16, X reported that US company RealFast generated USD 3 million in revenue in the first half of 2026 with a 60% profit margin, corresponding to USD 6 million in ARR.
Savvy Wealth ARR hit $100M from $10M in January 2025
On 2026/9/16, Savvy Wealth reported that the US wealth management platform's ARR had increased from USD 1 million in 2025/1 to USD 100 million.
Temporal reaches USD 250 million in ARR
On 2026/9/16, Business Wire reported that Temporal disclosed annual recurring revenue (ARR) of USD 250 million in the AI Infrastructure sector.
Thatch ARR grows 7x in 12 months, raises $108M Series C at $1B valuation
On 2026/9/16, Thatch reported that the US company achieved ARR growth of 7 times in 12 months and completed USD 108 million in Series C funding at a valuation of USD 1 billion.
Treble Technologies Raises USD 18M in Series A Extension
On September 16, 2026, Iceland-based Treble Technologies raised USD 18 million in a Series A extension led by Paladin Capital Group. The company provides an AI-accelerated simulation platform that digitizes sound propagation and acoustic scenes.