News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Rowspace completes seed financing
On 2026-02-25, according to Xiniu Data, Rowspace completed seed financing for an undisclosed amount. Investors were Conviction Investment Partners, Sequoia Capital, Stripe, Basis Set Ventures.
Basis raises USD 100 million in Series B financing
On 2026-02-24, according to Xiniu Data, Basis completed Series B financing, raising USD 100 million. Investors were Scott Belsky, Kyle Vogt, Accel Partners, GV and others.
ThetaWave AI raises millions of USD in Pre-Series A financing
On 2026-01-28, according to Xiniu Data, ThetaWave AI completed Pre-Series A financing, raising millions of USD. Investors were Beitasimanyazhou Investment Fund, The MBA Fund, Qijichuangtan, Gaoling Venture Capital.
Mercor revenue grows 4,658% in 2025
On 2026/1/2, X reported that AI talent marketplace Mercor grew revenue 4,658% in 2025, with users increasing from 217 thousand to 3.4 million. It did not disclose specific ARR or valuation.
Reducto reaches eight-figure ARR and completes Series B funding
On 2025/12/26, LinkedIn reported that Reducto, a US document AI company, completed Series B funding without disclosing the amount. ARR grew from seven figures to eight figures, at least USD 10 million on a lower-bound basis, while the team grew from 4 to 28 people. It did not disclose its valuation.
HockeyStack triples ARR year over year for three consecutive years
On 2025/12/22, LinkedIn reported that HockeyStack, a US marketing analytics platform, tripled ARR year over year for three consecutive years and reached eight figures, exceeding USD 10 million on a lower-bound basis. It did not disclose funding or valuation.
Oasis reaches USD 500,000 in ARR
On 2025/12/8, X reported that US company Oasis reached USD 500,000 in annual recurring revenue. It did not disclose its funding round, investors, or valuation.
MetaSilicon completes Series A+ financing
On 2025-11-3, according to Xiniu Data, MetaSilicon completed Series A+ financing, raising an undisclosed amount.
Wennasi raises RMB 10 million in angel financing
On 2025-10-29, according to Xiniu Data, Wennasi completed angel financing, raising RMB 10 million.
Casium raises USD 5 million in seed financing
On 2025-10-20, according to Xiniu Data, Casium completed seed financing, raising USD 5 million.
OpenAI completes approximately USD 6.6 billion in employee share sales at a USD 500 billion valuation
On 2025/10/2, Yahoo Finance reported that US company OpenAI completed approximately USD 6.6 billion in employee share sales, increasing its valuation from approximately USD 300 billion to USD 500 billion. Participants included Thrive Capital, SoftBank, Dragoneer, and others. This was an employee secondary transaction rather than new financing for the company.
CASIVision completes equity financing
On 2025-9-10, according to Xiniu Data, Zhongke Huiyuan completed equity investment and financing.
Lapulasi completes equity financing
On 2025-8-23, according to Xiniu Data, Lapulasi completed equity financing, raising an undisclosed amount.
Masitezhihui completes angel financing
On 2025-8-18, according to Xiniu Data, Masitezhihui completed angel financing, raising an undisclosed amount.
ASIOT acquired for JPY 700 million
On 2025-8-12, according to Xiniu Data, ASIOT acquired for JPY 700 million.
PaXini completes JD.com-led funding, raises nearly USD 140 million within four months
On 2025/8/6, DealStreetAsia reported that Chinese humanoid robotics company PaXini had completed Series A funding led by JD.com. Total funding over the past four months reached CNY 1 billion, approximately USD 139.3 million, with Puxin Capital, XGD and other Chinese institutions participating.
KASTcard reaches USD 20 million ARR
On 2025/8/1, X reported that Chinese payment platform KASTcard had disclosed USD 20 million in annual recurring revenue. It offers buy-now-pay-later and payment services to Southeast Asian consumers.
Proposed purchase of a 51% stake in Lanhai Zhixin for CNY 60 million
The June announcement proposed purchasing a 51% stake in Beijing Lanhai Zhixin for CNY 60 million. The subsequent 2025 annual report specified consolidation on 2025/9/1. The proposed consideration, equity percentage, and later completion milestone must be distinguished. The original June date in this entry does not indicate that the entire company had already been acquired.
Nasidianqu completes strategic financing
On 2025-5-22, according to Xiniu Data, Nasidianqu completed strategic financing, raising an undisclosed amount.
Lapulasi completes strategic financing
On 2025-5-16, according to Xiniu Data, Laplace completes strategic investment financing.
Youdasiqiche raises RMB 50 million in Series A financing
On 2025-5-14, according to Xiniu Data, Udas Auto completed RMB 50 million Series A financing.
Basil Systems discloses cumulative financing USD 11.5 million
On 2025-4-29, according to Xiniu Data, Basil Systems discloses cumulative financing USD 11.5 million.
Oasis AI completes Series A financing
On 2025-4-9, according to Xiniu Data, Oasis AI completed Series A financing, raising an undisclosed amount.
Harvey’s ARR grows 4 times in 2024, with customers increasing to 235
Harvey’s 2024 year in review disclosed that annual recurring revenue grew 4 times year over year, without disclosing an absolute revenue figure. Customers increased from 40 to 235 across 42 countries. The original record incorrectly described customers as employees and historical funding as a new round.