News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Native reaches USD 2 million ARR within 3 months of launch
On 2026/7/1, LinkedIn reported that Norway’s Native had reached USD 2 million ARR within 3 months of launch. Its AI social media automation product published more than 40 thousand posts for more than 2000 companies in its first month and added 39 ad optimization customers in the US in one day.
AIOS grows ARR from USD 9 million to USD 350 million in a year
On 2026/6/25, X reported that US AI-native healthcare infrastructure company AIOS had grown ARR from USD 9 million to USD 350 million in a year, delivering healthcare through low-cost automation.
Architect Labs raises USD24 million in seed financing
On 2026/6/18, according to Xiniu Data, Architect Labs raised USD24 million in seed financing led by Kindred Ventures. The company provides services to improve efficiency and reduce costs in AI chip design.
Yanyu Technology approaches USD 300 million ARR, raises nearly USD 300 million Series B+
On 2026/6/18, iFanr reported that Yanyu Technology had current ARR approaching USD 300 million and expected to exceed USD 600 million by year-end. It raised nearly USD 300 million in Series B+ funding at a post-money valuation exceeding USD 2 billion. Its LibTV product recorded a day with more than USD 1 million in revenue during its first month after launch.
Cursor reaches USD 4 billion annualized revenue; SpaceX signs USD 60 billion acquisition agreement
In 2026/6, Forbes reported that Cursor’s annualized revenue run rate exceeded USD 4 billion. SpaceX signed an acquisition agreement for approximately USD 60 billion on 6/16; an SEC filing made clear that closing was still pending at that time. Cursor did not announce completion until 8/14, so this record does not mark it acquired. The body of the X post cited by ARR Club is currently unreadable.
Mureka reaches approximately USD 12 million annualized gross billings, becomes China’s first AI music business with positive gross profit
Kunlun Tech’s AI music product Mureka had approximately USD 12 million in annualized gross billings and USD 1 million in monthly gross billings as of 2025/11. It was China’s first team to publicly announce positive gross profit for an AI music business. Consumer membership cost CNY 88 per month, and enterprise API customers exceeded 8,000. In 2026/3, Mureka V8 topped Artificial Analysis’ vocal and instrumental charts.
Naive AI raises an undisclosed amount in angel financing
On 2026-06-15, according to Xiniu Data, Naive AI completed angel financing for an undisclosed amount. Investors were Shanghai Qishan Investment Co., Ltd., Wuxianqihanghaihe (Tianjin) Venture Capital Partnership (Limited Partnership), Wanwu Phase One (Xiamen) Venture Capital Partnership (Limited Partnership), Boyuxinzhixinchan (Ningbo) Guquan Investment Partnership (Limited Partnership). The company is a developer of open-source model post-training technology and AI agents.
Zhiyuan Intelligence raises millions of RMB in angel financing
On 2026-06-15, according to Xiniu Data, Zhiyuan Intelligence completed angel financing, raising millions of RMB. Investors were Wuhumengxitianshi Venture Capital Partnership (Limited Partnership). The company is a developer of AI equipment diagnostic systems.
Turnout raises USD 35 million in Series A financing
On 2026-06-11, according to Xiniu Data, Turnout completed Series A financing, raising USD 35 million. Investors were lead investor HighPost Capital, participating investor Shine Capital, participating investor Omri Casspi, participating investor Mangusta Capital, participating investor LGVP, participating investor Honeystone Ventures. The company is a U.S. provider of AI-driven consumer rights protection services.
Lumiq reports USD 8.66 million revenue, raises USD 5.2 million Series B
On 2026/6/10, Entrackr reported that Indian BFSI data analytics platform Lumiq had USD 8.66 million operating revenue in FY25 and raised USD 5.2 million in Series B funding. Cumulative disclosed funding was at least USD 10.7 million at a USD 46.3 million post-money valuation.
Supabase raises USD 500 million Series F at USD 10 billion valuation
On 2026/6/5, Supabase reported that the US open-source Postgres backend platform had raised USD 500 million in Series F funding at a USD 10 billion valuation. Database creation grew 600% over the past year.
Suno raises more than USD 400 million Series D at USD 5.4 billion post-money valuation
On 2026/6/3, Suno reported that the US AI music generation company had raised more than USD 400 million in Series D funding at a USD 5.4 billion post-money valuation. Funds will expand music generation products for artists and creators.
Morfless exceeds USD 1 million ARR, grows annual revenue 1300%
On 2026/6/1, LinkedIn reported that US AWS cost optimization platform Morfless had exceeded USD 1 million ARR, growing revenue 1300% over the past year and showing strong product-market fit.
Anthropic exceeds USD 47 billion annual revenue run rate, raises USD 65 billion
On 2026/5/29, Anthropic reported that the US AI lab had exceeded a USD 47 billion annual revenue run rate and raised USD 65 billion in Series H funding at a USD 965 billion post-money valuation.
Mavelli grows ARR from USD 4 million to USD 5 million in one month
On 2026/5/27, LinkedIn reported that the UAE’s Mavelli had grown ARR from USD 4 million to USD 5 million within one month, improving customer acquisition costs and unit economics while increasing ad spending.
OpenRouter raises USD 113 million Series B at USD 1.3 billion post-money valuation
On 2026/5/27, TechCrunch reported that US AI model routing platform OpenRouter had raised USD 113 million in Series B funding at a USD 1.3 billion post-money valuation. Token processing volume grew 5 times in half a year.
Guiji AI raises CNY 200 million Series D at CNY 3.15 billion post-money valuation
On 2026/5/26, Securities Times reported that Guiji AI had received CNY 200 million in Series D funding from Jiaxing High-Tech Zone Industrial Fund in 2025/5, at a CNY 3.15 billion post-money valuation, approximately USD 437.5 million at this row’s exchange rate of 7.2.
Modal exceeds USD 300 million annualized revenue, raises USD 355 million Series C
On 2026/5/21, Modal announced USD 355 million in Series C funding at a USD 4.65 billion post-money valuation. Annualized revenue exceeded USD 300 million, growing fivefold from 2025/9.
Microsoft says OpenAI partnership generates approximately USD 30 billion cumulative revenue
On 2026/5/15, IT Home reported that US technology giant Microsoft had disclosed approximately USD 30 billion in cumulative revenue from its OpenAI partnership. By comparison, Microsoft’s cumulative investment in OpenAI had exceeded USD 100 billion, including Azure infrastructure costs.
Quizlet posts USD 48.7 million in revenue in the first quarter of 2026, up 2% year over year
Brief not available.
InVideo AI exceeds USD 70 million ARR and reaches 50 million users
InVideo AI exceeded USD 70 million in annualized revenue (ARR), with 50 million+ users and more than 7 million videos generated monthly. With only USD 52.5 million in total funding, it is among India’s most capital-efficient AI SaaS companies. It includes 200+ models and is the first AI video platform to launch an official MCP Server.
PosterChild AI reaches USD 750,000 in ARR
On 2026/5/10, LinkedIn reported that nonprofit content platform PosterChild AI reached USD 750,000 in ARR. It did not disclose funding or valuation.
Legora exceeds USD 100 million ARR at USD 5.6 billion valuation
On 2026/5/1, TechCrunch reported that Swedish legal AI company Legora had exceeded USD 100 million ARR and received USD 50 million in Series D extension funding from NVIDIA’s NVentures at a USD 5.6 billion post-money valuation.
Maxima expects ARR to grow 20 times year over year this quarter (forecast)
On 2026/4/30, a Maxima leader said ARR was expected to grow 20 times year over year this quarter. This was a forecast growth rate; the original post did not provide a current ARR amount.