News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Wuwenzhike raises hundreds of millions of RMB in Series A financing
On 2026-09-09, according to Xiniu Data, Wuwenzhike completed Series A financing, raising hundreds of millions of RMB. Investors were lead investor Hongtai Fund, participating investor Hongshan Capital, participating investor Zhongdianshurong, participating investor Shicheng Capital, participating investor Jiaqiao Capital, participating investor Lihejinrong, participating investor Lihezhongke, participating investor Chengkai Fund, other participating investors. The company is a provider of integrated AI data and simulation validation solutions.
Zeta generates USD 33 million first-half revenue, leads global AI companion revenue ranking
South Korean AI companion app Zeta, by Scatter Lab, generated USD 33 million revenue in the first half of 2026, ranking first in Appfigures’ global AI companion revenue chart. Month 8 gross billings after revenue sharing exceeded USD 10 million, with more than eighty percent of revenue from Japan. Full-year 2025 revenue was KRW 26 billion, approximately CNY 130 million, up 525% year over year.
Zhenaoshuzhi completes equity financing
On 2026-09-09, according to Xiniu Data, Zhenaoshuzhi completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of AI digital employees for marketing.
Zhixing Space Secures Strategic Financing
On September 9, 2026, Jinan-based Zhixing Space, a commercial SAR satellite developer, completed a strategic financing backed by Hangshi Innovation, Westlake Cloud Innovation Group and Westlake Sci-Tech Investment funds, with the amount undisclosed.
ACE Shiyu Technology raises nearly USD 40 million pre-Series B, with continued backing from CCV
ACE Shiyu Technology raised nearly USD 40 million in pre-Series B funding, with participation from CCV, Shunwei Capital and others, for music foundation model R&D. The news database has no pre-Series B option, so the round field remains blank.
Antioch raises USD 32 million Series A
On 2026/9/8, Antioch announced that the US physical AI simulation and testing platform had raised USD 32 million in Series A funding led by Greylock, bringing total funding to USD 40.5 million. Funds will expand the platform and team.
Bianyuanshunzhi completes equity financing
On 2026-09-08, according to Xiniu Data, Bianyuanshunzhi completed equity financing for an undisclosed amount. Investors were Guangzhou Hongniaoqihang Venture Capital Partnership (Limited Partnership), Shanghai Hongniaoqihang Venture Capital Partnership (Limited Partnership). The company is a developer of on-device multimodal AI.
Capacity raises USD 54 million in Series E financing
On 2026-09-08, according to Xiniu Data, Capacity completed Series E financing, raising USD 54 million. Investors were Geren Investment Ren. The company is a provider of AI and cloud-based simplified data search services.
Celero Communications raises USD 275 million in Series C financing
On 2026-09-08, according to Xiniu Data, Celero Communications completed Series C financing, raising USD 275 million. Investors were co-lead investor Atreides Management, co-lead investor CapitalG, co-lead investor Valor Equity Partners, participating investor Sutter Hill Ventures, participating investor Maverick Silicon. The company is a provider of U.S. chip design services.
Chengchuan Intelligence raises RMB 3.75 million in angel financing
On 2026-9-8, according to Xiniu Data, Chengchuan Intelligence completed angel financing, raising RMB 3.75 million.
Ciyuanpaisen raises millions of RMB in seed financing
On 2026-9-8, according to Xiniu Data, Ciyuanpaisen completed seed financing, raising millions of RMB. Investors were Qipan Capital.
Cognition AI Raises USD 2B in Series E
On September 8, 2026, US-based Cognition AI raised USD 2 billion in a Series E co-led by Andreessen Horowitz and Accel, at a USD 48 billion valuation. The company develops AI software engineering agents such as Devin for enterprise code development and operations automation.
Cognition raises more than USD 2 billion Series E at USD 48 billion valuation
On 2026/9/8, Cognition AI announced that US AI coding company Cognition had raised more than USD 2 billion in Series E funding at a USD 48 billion valuation. Its revenue run rate rose from USD 492 million in month 5 to nearly USD 900 million.
Cylake Closes $245M Convertible Note Financing
On September 8, 2026, per GlobeNewswire, enterprise infrastructure cybersecurity company Cylake closed $245M in convertible note financing with Lightspeed Venture Partners, Picture Capital and Redpoint Ventures, bringing cumulative funding to $290M including a $45M seed in March.
Enflame Tech raises RMB 1.223 billion in equity financing
On 2026-09-08, according to Xiniu Data, Enflame Tech completed equity financing, raising RMB 1.223 billion. Investors were Zhongxin Securities Co., Ltd., Shanghai Qishan Investment Co., Ltd., Shenzhen City Waitan Technology Kaifa Co., Ltd., Wuhan Yibayiling Enterprise Management Co., Ltd., Tongfuwei Electronics Co., Ltd., Zhongxingtongxun Co., Ltd., Shanghai Xinzhishidai Enterprise Management Co., Ltd., Shanghai Aidixi Technology Fuwu Co., Ltd., Shebao Fund and others. The company is a developer of cloud AI chips and intelligent computing clusters.
Fluencify surpasses $2M ARR in just six months as it raises $4.3M pre-seed funding
On 2026/9/8, TechStartups reported that Sweden's Fluencify surpassed USD 2 million in ARR within six months while completing USD 4.3 million in pre-seed funding.
GENISOM AI raises hundreds of millions of RMB in Series B financing
On 2026-09-08, according to Xiniu Data, GENISOM AI completed Series B financing, raising hundreds of millions of RMB. Investors were lead investor Leishi Capital, Dongruan Group Co., Ltd., Guangzhou Yuanjian Innovation Technology Venture Capital Fund Partnership (Limited Partnership), Huizhoushiyuekedongjiangguohui Technology Chengguozhuanhua Venture Capital Fund Partnership (Limited Partnership) and others. The company is a developer of embodied intelligence technology.
Mingxi Technology raises RMB 10 million in seed financing
On 2026-09-08, according to Xiniu Data, Mingxi Technology completed seed financing, raising RMB 10 million. Investors were lead investor Xinding Capital, participating investor Qijichuangtan, participating investor Shenminghang. The company is a world risk model services provider.
Mistral AI raises EUR 3 billion Series D at post-money valuation above EUR 21 billion
On 2026/9/8, Mistral AI announced that the French large model company had raised EUR 3 billion, approximately USD 3.4866 billion, in Series D funding at a post-money valuation exceeding EUR 21 billion, approximately USD 24.4062 billion. Samsung led, with an EQT fund and PSG co-leading.
Mistral raises EUR 3 billion at EUR 21 billion valuation, setting European record
On 2026/9/8, The Business Times reported that French large AI model company Mistral had raised EUR 3 billion (approximately USD 3.3 billion) led by Samsung at a EUR 21 billion valuation (approximately USD 23.1 billion), Europe’s largest-ever funding round.
Modal ARR nearing $1B with 10x growth in a year
Modal head of revenue operations David Phippard posted on LinkedIn that the company's ARR was approaching USD 1 billion, having grown approximately 10-fold over the past year. Modal provides cloud computing infrastructure for training and running AI models.
Morfion reaches USD 250 thousand ARR within 6 months
On 2026/9/8, LinkedIn reported that UAE company Morfion had reached USD 250 thousand ARR within 6 months. It is an early-stage AI startup team. It is an early-stage AI team.
Nextrainers ARR hit $100k after 11 months launch
On 2026/9/8, LinkedIn reported that Nextrainers reached USD 100,000 in ARR 11 months after launch. The company is an enterprise training team.
Paperbox ARR hit €2M with 100 customers
On 2026/9/8, according to LinkedIn, Belgium-based Paperbox reached USD2 million in ARR, approximately EUR2 million, serving 100 customers.