News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Metix AI raises USD 3 million in seed financing
On 2026-07-09, according to Xiniu Data, Metix AI completed seed financing, raising USD 3 million. Investors were lead investor Rsquared Investment. The company is a developer of autonomous recruiting AI agents.
Model ML doubles second-quarter ARR, adds 47 thousand seats
On 2026/7/9, LinkedIn reported that US company Model ML had doubled second-quarter ARR and added 47 thousand seats. It serves banks, consultancies and asset managers, without disclosing an absolute ARR amount.
ModelBest raises an undisclosed amount in equity financing
On 2026-07-09, according to Xiniu Data, ModelBest completed equity financing for an undisclosed amount. Investors were Huakong Technology Zhuanyi Co., Ltd.. The company is a developer of efficient on-device large-model products.
Pearl Health raises USD 110 million in equity financing
On 2026/7/9, Xiniu Data reported that Pearl Health completed USD 110 million in equity financing led by Andreessen Horowitz, with participation from Viking Global Investors, AlleyCorp, Ulysses Capital, and Trinity Capital. The company provides US healthcare solutions.
Pyth Network exceeds USD 6 million in ARR within half a year of launch
On 2026/7/9, LinkedIn reported that US company Pyth Network exceeded USD 6 million in ARR within half a year of launch, with 109% quarter-over-quarter growth in the second quarter. Four product lines generate revenue, and the company plans approximately 100% growth in the second half compared with the first half.
Shendu Zhikong raises several hundred million CNY in Series B funding
On 2026/7/9, Xiniu Data reported that Shendu Zhikong completed Series B funding worth several hundred million CNY, co-led by JinkoSolar, SDIC Innovation, and CMB International, with participation from Sequoia China, Source Code Capital, Guangyuan Capital, China Merchants Venture Capital, Shangrao Changxin Fund Six Enterprise Management Center (Limited Partnership), Guangxi Tencent Venture Investment Co., Ltd., and others. The company provides physical AI energy infrastructure.
Sher.pa Inc raises USD 2.2 million in seed financing
On 2026-07-09, according to Xiniu Data, Sher.pa completed seed financing, raising USD 2.2 million. Investors were Seedcamp, DN Capital, Activant Capital, Brighteye Ventures. The company is a personal voice assistant developer.
Skapion raises USD 36 million in seed financing
On 2026-07-09, according to Xiniu Data, Skapion completed seed financing, raising USD 36 million. Investors were UP Partners, Kesilafengtou, TBD VC, Stratos Ventures, Q Fund VC, Fusion. The company is an Israeli defense technology services provider.
Weilanshenhai raises an undisclosed amount in angel financing
On 2026-07-09, according to Xiniu Data, Weilanshenhai completed angel financing for an undisclosed amount. Investors were Shen Venture Capital Zhongxiaoqiye Development Fund (Suzhou) Partnership (Limited Partnership), Chengdu Yingnuozhongshi Technology Venture Capital Zhongxin (Limited Partnership), Shanghai Guocelüse Technology Manufacturing Private Investment Fund Partnership (Limited Partnership), Hangzhou Yuanheyuandiankonggang Venture Capital Partnership (Limited Partnership). The company is a developer of underwater embodied platform products.
Zhipu AI completes post-IPO financing
On 2026/7/9, Xiniu Data reported that Zhipu AI completed post-IPO financing. The company develops next-generation general-purpose models for cognitive intelligence.
Aifeizhiyao raises an undisclosed amount in equity financing
On 2026-07-08, according to Xiniu Data, Aifeizhiyao completed equity financing for an undisclosed amount. Investors were Huakong Technology Zhuanyi Co., Ltd.. The company is an AI-native new drug developer.
Axle Energy Raises $25M Series A Led by Energize Capital
On July 8, 2026, per Axle Energy, distributed storage and grid demand response software company raised $25M in a Series A led by Energize Capital with Accel, Picus Capital and Eka. The company was co-founded by Karl Bach and Archy de Berker.
Command Code exceeds USD 2 million ARR after 60 days of operations
On 2026/7/8, X reported that US company Command Code had exceeded USD 2 million ARR after 60 days of operations, with 15 thousand paying customers. It provides tool-call repair, design optimization and cache management for open and closed AI models.
Glasssix raises tens of millions of RMB in Series B financing
On 2026-07-08, according to Xiniu Data, Glasssix completed Series B financing, raising tens of millions of RMB. Investors were Kunlunxintuo, Xigaotou. The company is a provider of solutions for industrial AI.
Lingju Media raises an undisclosed amount in equity financing
On 2026-07-08, according to Xiniu Data, Lingju Media completed equity financing for an undisclosed amount. Investors were Dezhoulingchuangguquan Investment Fund Partnership (Limited Partnership). The company is a provider of digital content services.
MindRank raises USD 52 million in Series B financing
On 2026-07-08, according to Xiniu Data, MindRank completed Series B financing, raising USD 52 million. The company is a provider of AI driven innovative drugs research and development services.
Momenta Completes IPO
On 2026-07-08, according to Xiniu Data, Momenta completed an IPO. The company is a supplier of solutions for intelligent driving.
Mozhiyu Technology raises an undisclosed amount in equity financing
On 2026-07-08, according to Xiniu Data, Mozhiyu Technology completed equity financing for an undisclosed amount. Investors were Woyi Phase Three Co., Ltd., Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of large models.
Pearl Health Raises ~$50M Series C Extension
On July 7-8, 2026, per funding database Multiples, primary care enablement and patient management company Pearl Health raised about $50M in a Series C extension with a16z and Viking Global; the exact extension structure is subject to company disclosure.
Prime Intellect discloses annualized revenue exceeding USD 100 million
The AI training, inference and reinforcement learning infrastructure company disclosed annualized revenue of over USD 100 million.
Reconova completes an IPO
On 2026-07-08, according to Xiniu Data, Reconova completed an IPO. The company provides visual intelligence technology and products.
Rogo grows ARR more than 50% last quarter, adds more than 100 customers
On 2026/7/8, LinkedIn reported that US company Rogo had grown ARR more than 50% in the previous quarter and added more than 100 customers. It served more than 40 thousand bankers and investors but did not disclose an absolute ARR amount.
SambaNova System raises USD 1 billion in Series F financing
On 2026-07-08, according to Xiniu Data, SambaNova System completed Series F financing, raising USD 1 billion. The company is a U.S. developer of computer processors and AI data analysis software.
Yikongzhijia completes an IPO
On 2026-07-08, according to Xiniu Data, Yikongzhijia completed an IPO. The company is a provider of autonomous driving solutions for mine transportation.