News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Flip completes equity financing
On 2026-8-20, according to Xiniu Data, Flip completed equity financing, raising USD 25 million. Investors were Notion Capital, HV Capital.
Muon Space Raises $250M Series C Led by Eclipse for Satellite Constellations
On August 20, 2026, per Muon Space, satellite constellation manufacturing and operations company closed a $250M Series C led by Eclipse with Google and Salesforce Ventures participating.
NeoSoul completes Pre-Series A financing
On 2026-8-20, according to Xiniu Data, NeoSoul completed Pre-A round of financing with an amount of USD 11 million. Investors are New Oak International, Kirin Capital, MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, CatCher VC. The company is a Malaysian AI economic infrastructure provider.
Pocket reaches USD 100 million annualized run rate
On 2026/8/20, LinkedIn reported that US voice-first note-taking device company Pocket had reached a USD 100 million annualized run rate. It said the figure had been USD 1 million seven months earlier, with more than 270 thousand devices in total.
RiVAI completes equity financing
On 2026-08-20, according to Xiniu Data, RiVAI completed equity financing for an undisclosed amount. Investors were Foshanrenjunqisheng Venture Capital Partnership (Limited Partnership), Hefei Shuimulingxinqihao Technology Partnership (Limited Partnership). The company is a developer of high-performance RISC-V processors.
Shenyiweilai completes equity financing
On 2026-08-20, according to Xiniu Data, Shenyiweilai completed equity financing for an undisclosed amount. Investors were Jiaxingjianlizhiyiguquan Investment Partnership (Limited Partnership), Hainan Jianlizhida Investment Yunyingzhongxin (Limited Partnership). The company is a provider of multilingual multimodal AI data.
Shijijiecheng completes equity financing
On 2026-8-20, according to Xiniu Data, Shijijiecheng completed equity financing, raising RMB 136 million. Investors were Guangzhou Baiyunbaiqianwan Venture Capital Fund Partnership (Limited Partnership).
Sidekick reaches USD 456,000 in ARR
On 2026/8/20, TechCrunch reported that Sidekick disclosed annual recurring revenue (ARR) of USD 456,000 in the AI Productivity sector.
Tec-Do completes equity financing
On 2026-08-20, according to Xiniu Data, Tec-Do completed equity financing for an undisclosed amount. Investors were lead investor Huatai Asset Management, participating investor Kunpengguangyuan, participating investor Guangqi Capital, participating investor Jinshajiang Venture Capital, other participating investors. The company is a provider of solutions for AI marketing.
Twin1 AI completes seed financing
On 2026-08-20, according to Xiniu Data, Twin1 AI completed seed financing, raising USD 20 million. Investors were Aramco Ventures, Bessemer Venture Partners, Tribeca Venture Partners, Tin Alley Ventures, Roy Reznik and others. The company is a provider of workplace AI digital twin solutions.
Aijiekexin completes Pre-Series A financing
On 2026-08-19, according to Xiniu Data, Aijiekexin completed Pre-Series A financing for an undisclosed amount. Investors were Hainan Baidun Investment Partnership (Limited Partnership), Shanghai Shixizhaoyizhixin Venture Capital Partnership (Limited Partnership). The company is a developer and manufacturer of AI high-compute chips.
Castelion Raises $800M Series C Equity Plus $250M Credit Facility
On August 19, 2026, per Castelion, hypersonic weapons and defense manufacturing company closed a Series C with $800M in equity plus a $250M revolving credit commitment. The company's headline uses a ~$1B total figure, but equity and credit should not be summed as a single equity round.
FinLadder ARR reaches $1M gaining 500 paying customers in just 30 days
On 2026/8/19, LinkedIn reported that India's FinLadder reached USD 1 million in ARR and gained 500 paying customers in just 30 days.
Fomo reaches USD 150 million in ARR
On 2026/8/19, X reported that Fomo disclosed annual recurring revenue (ARR) of USD 150 million in the Crypto & Web3 AI sector.
Hemu Intelligence completes seed financing
On 2026-08-19, according to Xiniu Data, Hemu Intelligence completed seed financing, raising tens of millions of RMB. Investors were Chengdu Innovation Gongchang Venture Capital Partnership (Limited Partnership). The company is a developer of physical AI large models for mold manufacturing.
Jueheng Intelligence completes equity financing
On 2026-08-19, according to Xiniu Data, Jueheng Intelligence completed equity financing for an undisclosed amount. Investors were Shenzhen Yashangxinghuo Venture Capital Partnership (Limited Partnership). The company is a developer of AI software.
Kuaishou reports CNY 35.535 billion revenue in the second quarter of 2026, with Kling AI revenue exceeding CNY 850 million
On 2026/8/19, Kuaishou’s investor relations website disclosed its second-quarter and interim results for 2026: Q2 total revenue was CNY 35.535 billion, first-half revenue was CNY 69.251 billion, and Q2 adjusted net profit was approximately CNY 3.9 billion. Kling AI’s Q2 revenue exceeded CNY 850 million, growing more than 200% year over year.
Lumos Robotics completes equity financing
On 2026-08-19, according to Xiniu Data, Lumos Robotics completed equity financing for an undisclosed amount. Investors were Shanghai Xianghuiyihao Venture Capital Partnership (Limited Partnership). The company is a developer of embodied AI robots.
Moushen Intelligence completes Pre-Series A financing
On 2026-08-19, according to Xiniu Data, Moushen Intelligence completed Pre-Series A financing, raising RMB 500 million. Investors were Shenbaoyiben, Dongfang Securities, Shaanxi Shenggaoxin Technology Industrial Investment Co., Ltd., Anyu Fund, Tianmeng Investment, Jianyuantianhua, Chuanghehui, Xuhui Capital, Gengxin Capital. The company is a developer of generative general-purpose embodied brain technology.
Moxin Technology completes equity financing
On 2026-08-19, according to Xiniu Data, Moxin Technology completed equity financing, raising RMB 500 million. Investors were Shen Venture Capital, Xingrui Capital, Ganbei Fund, Jingke Energy, Zhongxinjuyuan, Xixin Investment, Jiehuate, P7 Ventures, Dinghuibaifu, Longxin Venture Capital, Tunlan Investment, Jiude Capital and others. The company is a consumer 3D printer developer.
Qingyan Technology completes Series A financing
On 2026-8-19, according to Xiniu Data, Qingyan Technology completed Series A financing with an amount of hundreds of millions of RMB. The investor was led by Legend Capital, followed by Su Venture Capital and Ningbo Yishi Venture Capital Partnership (Limited Partnership). The company is a developer of physical AI data infrastructure and world models.
Quanxiaode Medical completes equity financing
On 2026-08-19, according to Xiniu Data, Quanxiaode Medical completed equity financing for an undisclosed amount. Investors were Shanghai Sanfu Venture Capital Partnership (Limited Partnership). The company is a developer of intelligent AI gastrointestinal endoscopy platforms.
Rillet ARR doubles last quarter with $100M Series C at a $1B valuation
On 2026/8/19, according to LinkedIn, Rillet reported a revenue growth signal in the AI FinTech sector.
Shengqi Technology completes equity financing
On 2026-08-19, according to Xiniu Data, Shengqi Technology completed equity financing for an undisclosed amount. Investors were Changjianweilai (Beijing) Technology Venture Capital Fund (Limited Partnership), Jiaxingzhehuahuike Venture Capital Partnership (Limited Partnership). The company is a developer of intelligent simulation industrial software.