News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗GojiberryAI reaches USD 4.2 million ARR
On 2026/8/12, X reported that US sales and marketing AI company GojiberryAI had reached USD 4.2 million ARR in under a year. Its products serve sales and marketing teams.
Guangdong Huilun Technology completes equity financing
On 2026-08-12, according to Xiniu Data, Guangdong Huilun Technology completed equity financing, raising RMB 100 million. Investors were Zhongcheguochuang Fund, Zhaoyin International, Sichuan Development, Tianchengzikong, Zhongtian Holdings, Nanjing Liaoyuansanhao Venture Capital Partnership (Limited Partnership) and others. The company is a developer and manufacturer of humanoid robots.
IDI Evolution reaches USD 23.5 million in ARR
On 2026/8/12, Bloomberg reported that IDI Evolution disclosed annual recurring revenue (ARR) of USD 23.5 million in the AI Healthcare sector.
Jidong Intelligence completes equity financing
On 2026-08-12, according to Xiniu Data, Jidong Intelligence completed equity financing for an undisclosed amount. Investors were Jiaxinghonghai Venture Capital Partnership (Limited Partnership), Jiaxingnanhuchangyibochuang Venture Capital Partnership (Limited Partnership). The company is a provider of high-precision 3D industrial vision solutions.
Jiusiji completes equity financing
On 2026-08-12, according to Xiniu Data, Jiusiji completed equity financing for an undisclosed amount. Investors were Shanghai Puchuangmiaopu Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of AI software.
MemoraX AI completes seed financing
On 2026-8-12, according to Xiniu Data, MemoraX AI completed seed financing of hundreds of millions of RMB. Investors were lead investors Beiyanghaitang Fund, Shangshi Capital, and Renai Group, and participating investors Yinxinggu Capital, Anhui Huayeqicheng Equity Investment Partnership (Limited Partnership), Tianjin Haihe Haitang Taiqiao Angel Fund Partnership (Limited Partnership), Dongrong Yihao (Zhuhai Hengqin) Equity Investment Partnership (Limited Partnership) and others. The company is an AI memory technology platform provider.
Minerva ARR hit $4M with a goal of $8M in Q4
On 2026/8/12, LinkedIn reported that Poland's Minerva reached USD 4 million in ARR and aimed to reach USD 8 million in the fourth quarter. The company has strong growth momentum.
ModelBest completes equity financing
On 2026-08-12, according to Xiniu Data, ModelBest completed equity financing, raising tens of millions of RMB. Investors were Sichuan Miantouzhenxingkechuangguquan Investment Fund Partnership (Limited Partnership). The company is a developer of efficient on-device large-model products.
Peekaboo surpasses $600K ARR
On 2026/8/12, according to X, US-based Peekaboo surpassed USD600,000 in ARR. The company is an early-stage consumer AI team and continues to develop.
Runjianqizhi completes equity financing
On 2026-08-12, according to Xiniu Data, Runjianqizhi completed equity financing for an undisclosed amount. Investors were Runjian Co., Ltd.. The company is a provider of AI technology product research and development services.
Tinghao Intelligence completes equity financing
On 2026-08-12, according to Xiniu Data, Tinghao Intelligence completed equity financing for an undisclosed amount. Investors were Wanwu Phase One (Xiamen) Venture Capital Partnership (Limited Partnership), Pingyangxianxiaoman Venture Capital Partnership (Limited Partnership). The company is a developer of AI audio wearable products.
Yizhu Technology completes equity financing
On 2026-08-12, according to Xiniu Data, Yizhu Technology completed equity financing for an undisclosed amount. Investors were Guangzhou Yonghuaguangxing Technology Venture Capital Partnership (Limited Partnership), Yangzhou Chuangxingxinbahao Investment Partnership (Limited Partnership), Qingdao Dashuxiangrong Venture Capital Partnership (Limited Partnership), Guangzhou City Damichengchang Venture Capital Partnership (Limited Partnership) and others. The company is a developer of high-compute AI chip design.
Zhonghangcaizhihuikonggang completes equity financing
On 2026-08-12, according to Xiniu Data, Zhonghangcaizhihuikonggang completed equity financing for an undisclosed amount. Investors were Chengdu Wufa Industry Guquan Investment Fund Partnership (Limited Partnership). The company is an intelligent airport technology services provider.
Buchouliangzi completes Series A financing
On 2026-8-11, according to Xiniu Data, Buchouliangzi completed Series A financing, raising hundreds of millions of RMB. Investors were Guotaihaitong, Jinding Capital, Zhongxinjuyuan, Shanghai Kechuang Group, Zhongxin, TCL Venture Capital, Jinpu Intelligence, Daohechangqi Investment, Yuanhe Holdings, Jielitianshi, Shanghai Zhishichanquan Fund, Chuan Venture Capital, Shennengchengyi, Lianxiang Venture Capital, Tulingziguan, Haitongchuangyi Capital, Zhongxinxinweilai and others.
China Literature reports interim results: CNY 3.531 billion revenue, up 10.68% year over year
China Literature’s interim 2026 results reported CNY 3.531 billion revenue, up 10.7% year over year. Short dramas and AI animated dramas generated CNY 430 million, more than 3 times the year-earlier level, while copyright operations and other revenue reached CNY 1.691 billion, up 40.3%.
Corma completes seed financing
On 2026-08-11, according to Xiniu Data, Corma completed seed financing, raising USD 60 million. Investors were Hongshan Capital (Haiwai), Kesilafengtou, Koutu Capital. The company is an Israeli AI cyber defense services provider.
Daimeng Robotics completes strategic financing
On 2026-8-11, according to Xiniu Data, Daimeng Robot completed strategic investment financing with an amount of hundreds of millions of RMB. The investor is led by Ant Group. The company is a developer of multi-modal tactile sensing systems.
fonio exceeds USD 10 million ARR
On 2026/8/11, LinkedIn reported that Austrian AI communications platform fonio had disclosed ARR exceeding USD 10 million, growing 20 times from USD 500 thousand within 12 months.
Neros Technologies Raises $250M Series C at $2.5B Valuation
On August 11, 2026, per Neros Technologies, defense drone systems company raised $250M in a Series C at a $2.5B post-money valuation, co-led by Sequoia Capital and American Strategic Technology Fund with Interlagos, Valor, Thiel Capital and Spark Capital. Co-founder and CEO Soren Monroe-Anderson leads autonomous and counter-drone expansion.
Qianjie Technology completes seed financing
On 2026-8-11, according to Xiniu Data, Qianjie Technology completed seed financing, raising hundreds of millions of RMB. Investors were Shanghai Lingzhixinchuang Venture Capital Partnership (Limited Partnership), Zhuhai Qingliuchengchang Venture Capital Zhongxin (Limited Partnership), Beijing Yingnuoweilai Technology Venture Capital Fund Partnership (Limited Partnership), Zhiyuan Innovation (Shanghai) Technology Co., Ltd. and others.
River AI Raises $1.1B Across Seed and Series A Rounds
On August 11, 2026, per River AI, frontier model and agent lab River AI announced $1.1B combined across seed and Series A rounds, led by General Catalyst and AMP PBC with NVIDIA and AMD Ventures participating. The company was founded by Igor Babuschkin, a former xAI co-founder with research experience at Google DeepMind and OpenAI.
Roadrunner grows ARR 3 times and customers 6 times in three months
On 2026/8/11, LinkedIn reported that US company Roadrunner grew ARR 3 times and customer count 6 times within three months. It is an AI infrastructure team.
RuijianAI completes Series B financing
On 2026-08-11, according to Xiniu Data, RuijianAI completed Series B financing for an undisclosed amount. Investors were Foshanruizhanruizhi Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology enablement digital content security services.
Sanas ARR surpasses $77M with 95% GRR and 160% NRR
On 2026/8/11, according to LinkedIn, US-based AI voice modification company Sanas surpassed USD77 million in ARR, with a gross margin of 95% and a net revenue retention rate of 160%.