News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗The Boring Company Raises ~$3B at ~$23B Valuation
In September 2026, per Reuters, tunnel transportation infrastructure company The Boring Company raised about $3B in new funding at a valuation of about $23B. The company was founded by Elon Musk.
Tripo announces about CNY 3 billion in combined Series B and B+ funding
On 2026/9/1, Tripo announced in an official press release that the 3D generative AI company Tripo had completed Series B and B+ funding, with a substantial combined total of approximately CNY 3 billion across the two rounds.
VAST completes about CNY 3 billion in combined Series B and B+ funding, led by Matrix Partners China
VAST (Sanqi Wanwu/Tripo) completed approximately CNY 3 billion in combined Series B and B+ funding, led by Matrix Partners China. Total funding over six months was approximately CNY 5 billion (Chinese yuan converted at a rate of 7.2, approximately USD 417 million).
Wukong Media completes equity financing
On 2026-09-01, according to Xiniu Data, Wukong Media completed equity financing for an undisclosed amount. Investors were Guangxi Tengxun Venture Capital Co., Ltd.. The company is an AI and science fiction film and television producer.
Xinqisan Technology completes equity financing
On 2026-9-1, according to Xiniu Data, Xinqisan Technology completed equity financing. Investors were Suzhou Lisi Phase One Venture Capital Partnership (Limited Partnership), Shanghai Mihayouaerge Technology Co., Ltd., Jiaxingzhengeruiyuanguquan Investment Partnership (Limited Partnership).
Yinhexingchen completes equity financing
On 2026-09-01, according to Xiniu Data, Yinhexingchen completed equity financing for an undisclosed amount. Investors were Shenzhen Wanxingruanjian Co., Ltd.. The company is a provider of AI disease-vector prevention and control solutions.
Zhihuibeizeng Robotics completes equity financing
On 2026-09-01, according to Xiniu Data, Zhihuibeizeng Robotics completed equity financing for an undisclosed amount. Investors were Zhiyuan Innovation (Shanghai) Technology Co., Ltd., Tianjin Youdashangrong Industry Binggouguquan Fund Partnership (Limited Partnership), Hailungangqin Co., Ltd.. The company is a developer of embodied AI robots.
10x Lab exceeds USD 6 million in ARR
On 2026/8/31, X reported that US company 10x Lab exceeded USD 6 million in ARR, with approximately 30% monthly growth and an open search for a CTO. The company continued hiring and expanding.
BetterMe ARR hits $80M+ with all-in-one well-being ecosystem
On 2026/8/31, according to LinkedIn, Ukrainian health platform BetterMe surpassed USD80 million in ARR while building an integrated health ecosystem.
ChatGPT Ads reaches USD 1 billion annualized revenue run rate
On 2026/8/31, OpenAI’s website reported that ChatGPT Ads had reached a USD 1 billion annualized revenue run rate less than 200 days after launch, covering more than 40 countries.
Clipto raises USD 15 million at USD 250 million valuation, reaches USD 15 million ARR
On 2026/8/31, TechCrunch reported that US company Clipto had raised USD 15 million at a USD 250 million valuation. It had reached USD 15 million ARR at the beginning of 2026 and remained profitable.
Corenetic AI completes equity financing
On 2026-08-31, according to Xiniu Data, Corenetic AI completed equity financing for an undisclosed amount. Investors were Hangzhou Zhuoyuanxinghangerhao Venture Capital Partnership (Limited Partnership), Jiaxinganxingdingrui Venture Capital Partnership (Limited Partnership), Suzhou Junjitongzhou Enterprise Management Zhongxin (Limited Partnership), Shanghai Jiaozhiyihao Enterprise Management Partnership (Limited Partnership). The company is a developer of robots embodied intelligence technology.
Creao AI completes equity financing
On 2026-08-31, according to Xiniu Data, Creao AI completed equity financing, raising USD 10 million. The company is an operator of AI agent automation and virtual environments.
Dipuxincheng completes equity financing
On 2026-08-31, according to Xiniu Data, Dipuxincheng completed equity financing for an undisclosed amount. Investors were Jiaxingmutongguquan Investment Partnership (Limited Partnership). The company is a provider of solutions for AI infrastructure intelligent control.
Enflame’s IPO expected to raise CNY 6.119 billion
On 2026/8/31, IT Home reported that Chinese AI chip company Enflame’s IPO was priced at CNY 142.18 per share and expected to raise CNY 6.119 billion, approximately USD 910.6 million.
Huawei reports CNY 467.819 billion first-half 2026 revenue
On 2026/8/31, X reported that China’s Huawei had generated CNY 467.819 billion operating revenue in the first half of 2026, approximately USD 69.619 billion. Its businesses include consumer devices, cloud computing and intelligent vehicles.
Liqing Intelligence completes angel financing
On 2026-08-31, according to Xiniu Data, Liqing Intelligence completed angel financing for an undisclosed amount. Investors were Shanghai Yunyang Enterprise Management Consulting Co., Ltd. and others. The company is a physical AI infrastructure developer.
MadeThis says revenue exceeds USD 2 million with team of 3
On 2026/8/31, MadeThis’s founder said on LinkedIn that revenue had grown from zero four months earlier to more than USD 2 million, with approximately 40 thousand businesses using it and a team of 3. The original post did not specify the revenue reporting period; USD 10 million ARR was a future target.
Madrona research says turbopuffer reaches approximately USD 100 million in annualized revenue
Turbopuffer, an AI vector and hybrid retrieval infrastructure company, was listed in a Madrona research article as having an annualized revenue of approximately USD 100 million, which was cited by a third party and the company's precise revenue disclosure was not obtained.
Mindflow completes equity financing
On 2026-08-31, according to Xiniu Data, Mindflow completed equity financing for an undisclosed amount. Investors were Jiaxingjuzigongxiang Investment Partnership (Limited Partnership), Jiaxingweimanguquan Investment Partnership (Limited Partnership), Tianjin Zhengheyangkang Venture Capital Fund Partnership (Limited Partnership). The company is a provider of solutions for intelligent data annotation.
Monaike (Shanghai) Technology completes equity financing
On 2026-08-31, according to Xiniu Data, Monaike (Shanghai) Technology completed equity financing for an undisclosed amount. Investors were MPlus HK I Limited. The company is a developer and manufacturer of AI smart glasses.
NexusOne triples its ARR over the past six months
On 2026/8/31, PR Newswire reported that US company NexusOne achieved twofold ARR growth over the past six months. The B2B SaaS team is growing rapidly.
Voy ARR hit $435M with growth doubling year-over-year
On 2026-08-31, according to LinkedIn, UK fintech team Voy reached USD 435 million in ARR, doubling year over year. The company continues to expand.
Xianguang Intelligence completes seed financing
On 2026-8-31, according to Xiniu Data, Xianguang Intelligence completed seed financing, raising millions of RMB. Investors were Juhuachuanxin.