News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Vantora Raises Over USD 100M in Growth Financing
On September 16, 2026, US-based Vantora (formerly UP.Labs) raised over USD 100 million in its first external growth financing from Silversmith Capital Partners, at a valuation of about USD 200 million. Founded by John Kuolt, the company builds physical-AI and autonomy businesses with industrial enterprises.
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.
Xiyuan Robotics completes equity financing
On 2026-09-16, according to Xiniu Data, Xiyuan Robotics completed equity financing for an undisclosed amount. Investors were Xiamen Xingqimingtu Venture Capital Partnership (Limited Partnership), Tianjin Xinxidongjianghaihe Venture Capital Fund Partnership (Limited Partnership), Tianjin Haihelüyuan Venture Capital Partnership (Limited Partnership), Synstellation Capital, Jingwei Venture Capital and others. The company is a developer of complete embodied robots.
XLR8 AI surpasses $2M ARR with 20% MoM growth without VC money
On 2026/9/16, LinkedIn reported that US company XLR8 AI surpassed USD 2 million in ARR, with 20% month-over-month growth and no venture capital funding. The company remains bootstrapped.
Zhipu Completes ~HKD 15.68B H-Share Placement
On September 16, 2026, Zhipu (Z.AI) completed an H-share placement of approximately HKD 15.683 billion (gross), placing 21.965 million shares at HKD 714 each, subscribed by no fewer than six independent third-party placees, as disclosed to HKEX.
Zhiyuan Intelligence raises RMB 10 million in angel financing
On 2026-09-16, according to Xiniu Data, Zhiyuan Intelligence completed angel financing, raising RMB 10 million. Investors were co-lead investor Wuhushikechuang Group Co., Ltd., co-lead investor Wuhushijiu Venture Capital Zi Co., Ltd., participating investor Mengxitianshi Fund. The company is a developer of AI equipment diagnostic systems.
Zhonghezhiwang raises RMB 24 million in angel financing
On 2026-9-16, according to Xiniu Data, Zhonghezhiwang completed angel financing, raising RMB 24 million.
Biteqiji completes equity financing
On 2026-09-15, according to Xiniu Data, Biteqiji completed equity financing for an undisclosed amount. Investors were Hunan Shengdaxuesheng Venture Capital Fund Partnership (Limited Partnership). The company is a developer and service provider for AI software.
Buildots raises USD 130 million in Series E financing
On 2026-09-15, according to Xiniu Data, Buildots completed Series E financing, raising USD 130 million. Investors were lead investor OG Tech Ventures, Viola Growth, Qumra Capital, Poalim Equity and others. The company is an Israeli provider of AI construction industry solutions.
Cuisi Tech Raises Over RMB 100M in Angel Round
On September 15, 2026, Shanghai-based Cuisi Tech, an on-device AI inference chip developer, raised over RMB 100 million in an Angel round led by a leading fund. It was founded by Pan Hongyang.
EnforceShield raises EUR 1.7 million in seed financing
On 2026-9-15, according to Xiniu Data, EnforceShield completed seed financing, raising EUR 1.7 million. Investors were Vendep Capital, FIRSTPICK.
EUCLYD Raises Over EUR 200M in Series A
On September 15, 2026, Netherlands-based EUCLYD raised over EUR 200 million in a Series A (agreement signed), with Samsung, Somerset Capital Partners, EQT Scaleup Europe Fund and Innovation Industries participating. The company builds efficient AI inference hardware, memory architecture and datacenter-scale compute platforms.
Factory raises USD 200 million at USD 5 billion valuation
On 2026/9/15, Factory announced that the US manufacturing AI company had raised USD 200 million at a USD 5 billion valuation. Investors included Blackstone, Khosla Ventures, Sequoia Capital and Insight Partners, bringing total funding to more than USD 400 million.
Fathom acquired by Superhuman after hit $30M ARR with 400K MAUs
On 2026/9/15, TechCrunch reported that Fathom, a US AI meeting notes company, was acquired by Superhuman after reaching USD 30 million in ARR and 400,000 monthly active users.
Glass Imaging is acquired
On 2026/9/15, Xiniu Data reported that Glass Imaging was acquired for an undisclosed amount. The investor was OpenAI. The company develops AI image enhancement technology in the US.
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.
HiDream completes Series C+ financing
On 2026-09-15, according to Xiniu Data, HiDream completed Series C+ financing for an undisclosed amount. Investors were Xinwei Capital, Jiaozi Capital, Gongyin Capital. The company is a provider of multimodal generative AI large models.
Kunlun Tech says first-half AI short-drama platform revenue was CNY 1.535 billion
On 2026/9/15, a WeChat public account reported that Kunlun Tech chairman and CEO Fang Han had disclosed in a campus recruitment presentation that revenue related to AI short-drama platforms DramaWave and FreeReels was CNY 1.535 billion in the first half of 2026, growing 163.28% year over year.
Learna has USD 2.6 million monthly gross billings across both platforms, once ranked second on the US iOS education top-grossing chart
Learna teaches English to non-native speakers living in the US, dividing learning into 13 urgent scenarios such as hospitals, courts, banks and interviews. AI plays receptionists, doctors and interviewers in real-time conversations. Sensor Tower’s 2026 figures put monthly gross billings across both platforms at USD 2.6 million. It once reached Top 2 on the US iOS education top-grossing chart, behind only Duolingo. More than 7 tenths of revenue came from the US, retention was 68% and pricing USD 6.99 per week.
Malong Technologies completes equity financing
On 2026-09-15, according to Xiniu Data, Malong Technologies completed equity financing for an undisclosed amount. Investors were Tianjin Yuandu Venture Capital Partnership (Limited Partnership). The company is a provider of AI education services.
ModelBest completes strategic financing
On 2026-09-15, according to Xiniu Data, ModelBest completed strategic financing for an undisclosed amount. Investors were Shanzheng Investment Limited Liability Company. The company is a developer of efficient on-device large-model products.
Muchuan Technology completes equity financing
On 2026-09-15, according to Xiniu Data, Muchuan Technology completed equity financing for an undisclosed amount. Investors were Qidizhixing (Tianjin) Chuangye Consulting Fuwu Co., Ltd.. The company is a developer of intelligent industrial equipment and noninvasive EEG technology.
Nara Health raises USD 14 million in seed financing
On 2026-09-15, according to Xiniu Data, Nara Health completed seed financing, raising USD 14 million. Investors were lead investor Khosla Ventures, participating investor Long Journey Ventures, participating investor Superior Studios. The company is a U.S. AI-native third-party health insurance administration platform.
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.