News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Minerva ARR hit $4M with a goal of $8M in Q4
On 2026/8/12, LinkedIn reported that Poland's Minerva reached USD 4 million in ARR and aimed to reach USD 8 million in the fourth quarter. The company has strong growth momentum.
ModelBest completes equity financing
On 2026-08-12, according to Xiniu Data, ModelBest completed equity financing, raising tens of millions of RMB. Investors were Sichuan Miantouzhenxingkechuangguquan Investment Fund Partnership (Limited Partnership). The company is a developer of efficient on-device large-model products.
Nebius reached $3B annualized run-rate revenue in Q2 2026
On August 12, 2026, per Nebius, the company reached $3B annualized run-rate revenue in Q2 2026.
Peekaboo surpasses $600K ARR
On 2026/8/12, according to X, US-based Peekaboo surpassed USD600,000 in ARR. The company is an early-stage consumer AI team and continues to develop.
Runjianqizhi completes equity financing
On 2026-08-12, according to Xiniu Data, Runjianqizhi completed equity financing for an undisclosed amount. Investors were Runjian Co., Ltd.. The company is a provider of AI technology product research and development services.
Sigma360 reaches USD 10 million revenue, serves enterprise customers
On 2026/8/12, Inc. reported that US company Sigma360 served enterprise customers and had reached USD 10 million revenue. It is a marketing technology team and continued developing.
Thrive Holdings secures more than USD 2 billion in new capital at USD 12 billion valuation
On 2026/8/12, Thrive Holdings disclosed that the US company had secured more than USD 2 billion in new capital at a USD 12 billion valuation. Participants included D1, Altimeter and SoftBank, bringing total capital since founding to more than USD 3 billion.
Tinghao Intelligence completes equity financing
On 2026-08-12, according to Xiniu Data, Tinghao Intelligence completed equity financing for an undisclosed amount. Investors were Wanwu Phase One (Xiamen) Venture Capital Partnership (Limited Partnership), Pingyangxianxiaoman Venture Capital Partnership (Limited Partnership). The company is a developer of AI audio wearable products.
WeRide reports CNY 345.857 million revenue in first-half 2026, up 73.3% year over year
On 2026/8/12, WeRide reported that the Chinese autonomous driving company had generated CNY 345.857 million revenue in the first half of 2026, approximately USD 50.973 million, up 73.3% year over year. Second-quarter revenue was CNY 231.717 million.
Yiyuanqudong completes equity financing
On 2026-08-12, according to Xiniu Data, Yiyuanqudong completed equity financing for an undisclosed amount. Investors were Nanjing Chuangyidongdazhishan Technology Venture Capital Partnership (Limited Partnership). The company is a designer and developer of core robotic joint modules.
Yizhu Technology completes equity financing
On 2026-08-12, according to Xiniu Data, Yizhu Technology completed equity financing for an undisclosed amount. Investors were Guangzhou Yonghuaguangxing Technology Venture Capital Partnership (Limited Partnership), Yangzhou Chuangxingxinbahao Investment Partnership (Limited Partnership), Qingdao Dashuxiangrong Venture Capital Partnership (Limited Partnership), Guangzhou City Damichengchang Venture Capital Partnership (Limited Partnership) and others. The company is a developer of high-compute AI chip design.
Zhongchenglinuo completes equity financing
On 2026-08-12, according to Xiniu Data, Zhongchenglinuo completed equity financing for an undisclosed amount. Investors were Beijing Henghazhidian Industry Technology Co., Ltd.. The company is a provider of solutions for computing power technology.
Zhonghangcaizhihuikonggang completes equity financing
On 2026-08-12, according to Xiniu Data, Zhonghangcaizhihuikonggang completed equity financing for an undisclosed amount. Investors were Chengdu Wufa Industry Guquan Investment Fund Partnership (Limited Partnership). The company is an intelligent airport technology services provider.
Applied Compute achieves ~$50M annualized revenue, up 4x from November 2025
On 2026/8/11, The Information reported that US company Applied Compute reached approximately USD 50 million in annualized revenue, an increase of 4 times compared with 2025/11.
Corma completes seed financing
On 2026-08-11, according to Xiniu Data, Corma completed seed financing, raising USD 60 million. Investors were Hongshan Capital (Haiwai), Kesilafengtou, Koutu Capital. The company is an Israeli AI cyber defense services provider.
Daimeng Robotics completes strategic financing
On 2026-8-11, according to Xiniu Data, Daimeng Robot completed strategic investment financing with an amount of hundreds of millions of RMB. The investor is led by Ant Group. The company is a developer of multi-modal tactile sensing systems.
Neros Technologies Raises $250M Series C at $2.5B Valuation
On August 11, 2026, per Neros Technologies, defense drone systems company raised $250M in a Series C at a $2.5B post-money valuation, co-led by Sequoia Capital and American Strategic Technology Fund with Interlagos, Valor, Thiel Capital and Spark Capital. Co-founder and CEO Soren Monroe-Anderson leads autonomous and counter-drone expansion.
Paymend exceeds USD 20 million ARR
On 2026/8/11, LinkedIn reported that US company Paymend had disclosed ARR exceeding USD 20 million, compared with USD 5 million 12 months earlier.
ProHance hit $20M ARR bootstrapped
On 2026/8/11, YouTube reported that ProHance, an Indian employee experience analytics platform, reached USD 20 million in ARR while operating on a bootstrapped basis. The company is an employee experience analytics team.
River AI Raises $1.1B Across Seed and Series A Rounds
On August 11, 2026, per River AI, frontier model and agent lab River AI announced $1.1B combined across seed and Series A rounds, led by General Catalyst and AMP PBC with NVIDIA and AMD Ventures participating. The company was founded by Igor Babuschkin, a former xAI co-founder with research experience at Google DeepMind and OpenAI.
Roadrunner grows ARR 3 times and customers 6 times in three months
On 2026/8/11, LinkedIn reported that US company Roadrunner grew ARR 3 times and customer count 6 times within three months. It is an AI infrastructure team.
RuijianAI completes Series B financing
On 2026-08-11, according to Xiniu Data, RuijianAI completed Series B financing for an undisclosed amount. Investors were Foshanruizhanruizhi Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology enablement digital content security services.
Sanas ARR surpasses $77M with 95% GRR and 160% NRR
On 2026/8/11, according to LinkedIn, US-based AI voice modification company Sanas surpassed USD77 million in ARR, with a gross margin of 95% and a net revenue retention rate of 160%.
Sandu Intelligence completes equity financing
On 2026-08-11, according to Xiniu Data, Sandu Intelligence completed equity financing for an undisclosed amount. Investors were Dongwanshidingqianyi Management Consulting Partnership (Limited Partnership). The company is a developer and manufacturer of flexible industrial robots.