News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗PhyxUp Health ARR hit 10X growth over the past 12 months
On 2026/8/8, LinkedIn reported that PhyxUp Health, a US healthcare platform, achieved ARR growth of 10 times over the past 12 months. The company is a healthcare AI team.
Shuocheng Technology completes Series D financing
On 2026-08-08, according to Xiniu Data, Shuocheng Technology completed Series D financing, raising RMB 100 million. Investors were lead investor Guoqiyuanhe Private Fund Management Co., Ltd.. The company is a developer of industrial AI intelligent solutions.
AIOPTICS completes Series B financing
On 2026-08-07, according to Xiniu Data, AIOPTICS completed Series B financing, raising RMB 100 million. Investors were Suzhou Maiwei Technology Co., Ltd., Shanghai Guofang Innovation Private Fund Partnership (Limited Partnership), Suqiansuchengjuntongguquan Investment Partnership (Limited Partnership), Shanghai Dalinghaowanceyuanerhao Venture Capital Partnership (Limited Partnership), Nantongshijiaodaweilaixiaomiao Venture Capital Partnership (Limited Partnership) and others. The company is a provider of intelligent industrial solutions for optics.
AMD plans to acquire AI chip company Taalas, which has raised USD 219 million in total
On 2026/8/7, IT Home reported that US company AMD had announced plans to acquire AI inference chip company Taalas, with the transaction amount undisclosed. Taalas had raised USD 219 million since its founding in 2023.
Cambricon reports CNY 5.996 billion total operating revenue in first-half 2026, up 108.13% year over year
On 2026/8/7, IT Home reported that Chinese AI chip company Cambricon had generated CNY 5.996 billion total operating revenue in the first half of 2026, approximately USD 883 million, up 108.13% year over year. Net profit attributable to shareholders was CNY 2.311 billion in the same period.
Damao Intelligence completes equity financing
On 2026-08-07, according to Xiniu Data, Damao Intelligence completed equity financing for an undisclosed amount. Investors were Dongwanshisongshanhutianshi Venture Capital Fund Partnership (Limited Partnership). The company is an intelligent control system solutions provider.
Feituoxingchi completes equity financing
On 2026-08-07, according to Xiniu Data, Feituoxingchi completed equity financing for an undisclosed amount. Investors were Quanzhouyunmuchuhai Venture Capital Partnership (Limited Partnership), Dayone Capital Fortune Partners One HK Limited, Yoshi Tzar. The company is an embodied intelligence interaction and training platform.
Liangjieweilai completes equity financing
On 2026-08-07, according to Xiniu Data, Liangjieweilai completed equity financing for an undisclosed amount. Investors were Shanghai Dehui Group Co., Ltd.. The company is a developer and service provider for AI software.
Misihuizhi completes equity financing
On 2026-08-07, according to Xiniu Data, Misihuizhi completed equity financing for an undisclosed amount. Investors were Beijing Xingliandingsenguquan Investment Fund Partnership (Limited Partnership). The company is a developer of AI software.
Shunheng Intelligence completes equity financing
On 2026-08-07, according to Xiniu Data, Shunheng Intelligence completed equity financing for an undisclosed amount. Investors were Hainan Fuliduo Enterprise Management Partnership (Limited Partnership), Suzhou Zhongxinjushen Intelligence Phase One Venture Capital Partnership (Limited Partnership), Suzhou Fengruiruijia Venture Capital Zhongxin (Limited Partnership). The company is a provider of technology research, development and application services for embodied intelligence.
Tongxin Intelligence completes equity financing
On 2026-08-07, according to Xiniu Data, Tongxin Intelligence completed equity financing for an undisclosed amount. Investors were Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership). The company is a developer and manufacturer of intelligent robots.
Whatnot Raises $545M Series G at $20B Valuation
In August 2026, per Fortune, live commerce platform Whatnot disclosed a $545M Series G at a $20B valuation. The company was co-founded by Grant LaFontaine and Logan Head, initially focused on collectibles livestream trading before expanding into multiple consumer categories.
Yibotu completes equity financing
On 2026-08-07, according to Xiniu Data, Yibotu completed equity financing for an undisclosed amount. Investors were Ningbo Yitao Venture Capital Partnership (Limited Partnership), Shanghai Xingfuchuying Private Investment Fund Partnership (Limited Partnership), Wuxi Xingqiyuzheng Venture Capital Partnership (Limited Partnership), Jiangsu Lingyiqiche Technology Co., Ltd., Anhui Lingtong Group Holdings Co., Ltd.. The company is a provider of AI algorithms and intelligent driving solutions.
Yuansi Technology completes angel financing
On 2026-08-07, according to Xiniu Data, Yuansi Technology completed angel financing, raising RMB 10 million. Investors were lead investor Qingdao Gaochuangfangzhou Venture Capital Fund Partnership (Limited Partnership), participating investor Guokaixin Intelligence. The company is a provider of intelligent flexible wearable sensing device development services.
Yunmuzhizao completes Pre-Series A financing
On 2026-08-07, according to Xiniu Data, Yunmuzhizao completed Pre-Series A financing, raising tens of millions of RMB. Investors were Nanjing Gaohua Technology Co., Ltd., Xingxiangqizhi (Nanjing) Technology Co., Ltd.. The company is a developer of general-purpose humanoid robots.
Yuntuzhihui completes equity financing
On 2026-08-07, according to Xiniu Data, Yuntuzhihui completed equity financing for an undisclosed amount. Investors were Gongqingchengruanyinzhongan Investment Co., Ltd., Nanhaixietong Innovation Development Fund Management (Hainan) Co., Ltd.. The company is a digital cultural and creative technology services provider.
Acrab completes Series B financing
On 2026-08-06, according to Xiniu Data, Acrab completed Series B financing, raising USD 130 million. Investors were Vertex Growth Fund, Vertex Ventures Southeast Asia & India. The company is a provider of edge agentic AI computing platforms.
Corgi Insurance completes equity financing
On 2026-08-06, according to Xiniu Data, Corgi Insurance completed equity financing, raising USD 30 million. Investors were lead investor Yunfeng Fund. The company is a provider of U.S. AI-native full-stack insurance platforms.
Gezizhisheng completes equity financing
On 2026-08-06, according to Xiniu Data, Gezizhisheng completed equity financing for an undisclosed amount. Investors were Hefei City Zhongzi Investment Fund Co., Ltd., Hefei City Baohequkechuangzhongzi Fund Partnership (Limited Partnership). The company is a developer of intelligent acoustic technology.
Google plans USD 1.5 billion acquisition of Mechanize
On 2026/8/6, X reported that US company Google was discussing a USD 1.5 billion acquisition of RL coding environment company Mechanize. Its team had approximately 35 to 50 people, and its valuation had been USD 500 million 3 months earlier.
Hadrian Raises $1.37B Series D Extension at ~$7.87B Valuation
On August 6, 2026, per Axios, defense and aerospace precision parts manufacturer Hadrian raised $1.37B in a Series D extension at a post-money valuation of about $7.87B. Founder and CEO Chris Power leads the company's automated factories and aerospace defense manufacturing.
Heguangzhicheng completes angel financing
On 2026-08-06, according to Xiniu Data, Heguangzhicheng completed angel financing, raising tens of millions of RMB. The company is a developer of AI driven materials.
LifeMine Therapeutics Raises $188M Series E
On August 6, 2026, per Labiotech, natural product drug discovery company LifeMine Therapeutics raised $188M in a Series E. Industry coverage in September 2026 noted an additional ~$75M Series D during August; the two rounds should not be combined into a single figure. Details are subject to company announcements.
Maestra approaches USD 5 million ARR
On 2026/8/6, LinkedIn reported that US e-commerce AI SaaS company Maestra’s ARR was approaching USD 5 million. Its platform integrates email, SMS, onsite personalization, recommendations and loyalty capabilities.