News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Wordsmith AI Extends Series B with $14M from Intact Private Capital
On August 5, 2026, per Wordsmith AI, in-house legal AI workflow company raised $14M in a Series B extension led by new investor Intact Private Capital with Highland Europe and Index Ventures, with FT Ventures newly joining. The company was co-founded by Ross McNairn, Robbie Falkenthal and Volodymyr Giginiak.
Xinyu Semiconductor completes equity financing
On 2026-08-05, according to Xiniu Data, Xinyu Semiconductor completed equity financing for an undisclosed amount. Investors were Rizhaochuhuiyuansheng Venture Capital Fund Partnership (Limited Partnership), Xinyuanjiechuang (Jiashan) Venture Capital Partnership (Limited Partnership). The company is a manufacturer of AI chip design.
Xunjie Technology completes equity financing
On 2026-08-05, according to Xiniu Data, Xunjie Technology completed equity financing for an undisclosed amount. Investors were Shanghai Xique Investment Management Co., Ltd., Alphaist Partners. The company is a developer and seller of embodied intelligence consumer electronics.
Xunnuonaoji completes equity financing
On 2026-08-05, according to Xiniu Data, Xunnuonaoji completed equity financing for an undisclosed amount. Investors were Suzhou Gongyeyuanquzhiyuanweixin Venture Capital Partnership (Limited Partnership). The company is a developer of brain-computer interface and integrated circuit medical devices.
Yuanchu Intelligence completes equity financing
On 2026-08-05, according to Xiniu Data, Yuanchu Intelligence completed equity financing for an undisclosed amount. Investors were Suzhou Chuangweilaiyihao Venture Capital Partnership (Limited Partnership), Suzhou Shihuguoyu Innovation Venture Capital Partnership (Limited Partnership), Wuxi Wuyuanhuxianchang Venture Capital Partnership (Limited Partnership), Suzhou Tiantongweishi Electronics Technology Co., Ltd. and others. The company is a developer of embodied AI robots.
Ambrook Raises $30M Series B for Agribusiness Financial Software
On August 3-4, 2026, per Ambrook, financial software company for agriculture and Main Street small businesses raised $30M in a Series B with investors including Lachy Groom, Thrive Capital, Field Ventures and Thomson Reuters Ventures. The company was co-founded by Mackenzie Burnett, Jeff Anders and Dan Schlosser.
Estel Technologies completes seed financing
On 2026-08-04, according to Xiniu Data, Estel completed seed financing, raising EUR 270,000. Investors were lead investor Vitosha Venture Partners, participating investor Kerem Basak. The company is an AI-driven technology recruiting sales platform.
Fenghuolunyingtu completes seed financing
On 2026-08-04, according to Xiniu Data, Fenghuolunyingtu completed seed financing, raising RMB 30 million. Investors were lead investor Gaoxin Capital, participating investor Huayuan Capital, participating investor Shanghai Tianshihui, participating investor Xinwei Group, participating investor DNA FUND. The company is a developer of proactively interactive embodied intelligence brains.
Guanruihuitu completes angel financing
On 2026-8-4, according to Xiniu Data, Guanruihuitu completed angel financing, raising tens of millions of RMB. Investors were Mengxitianshi Fund.
Guokejushen completes equity financing
On 2026-08-04, according to Xiniu Data, Guokejushen completed equity financing for an undisclosed amount. Investors were Yangzhou Jingji Technology Kaifaqulinxin Industrial Investment Fund Partnership (Limited Partnership), Gongqingchengzhongkezhucheng Venture Capital Partnership (Limited Partnership). The company is a provider of embodied intelligence infrastructure.
Intelligence reaches USD 60 million in ARR
On 2026/8/4, Camunda reported that Intelligence disclosed annual recurring revenue (ARR) of USD 60 million. It operates in AI infrastructure.
Jiuchenwei Electronics completes equity financing
On 2026-08-04, according to Xiniu Data, Jiuchenwei Electronics completed equity financing for an undisclosed amount. Investors were Hangzhou Taixin Private Fund Management Co., Ltd., Jiaxingxianhe Venture Capital Partnership (Limited Partnership). The company is an AI MCU chip services provider.
Liuzhoujushen Intelligence completes equity financing
On 2026-08-04, according to Xiniu Data, Liuzhoujushen Intelligence completed equity financing for an undisclosed amount. The company is a provider of AI technology services.
ModuTech completes Pre-Series A financing
On 2026-08-04, according to Xiniu Data, ModuTech completed Pre-Series A financing, raising tens of millions of RMB. Investors were Wuxi Xingqiyuzheng Venture Capital Partnership (Limited Partnership), Nanjing Yuandianyihua Venture Capital Partnership (Limited Partnership). The company is a developer of multimodal tactile sensing and embodied intelligence technology.
Obsidian Security Raises $85M Series D at $1.1B Valuation
On August 4, 2026, per Obsidian Security, SaaS and AI agent runtime security company raised $85M in a Series D led by Crescent Cove Advisors with Greylock Partners and Menlo Ventures at a $1.1B valuation. The company was founded in 2017 by a security industry team; co-founders include former executive Glenn Chisholm.
QuantHealth completes Series B financing
On 2026-8-4, according to Xiniu Data, QuantHealth completed Series B financing, raising USD 45 million. Investors were Qumra Capital, Shoni Health Ventures, Sanofi Ventures, Pitango VC, NewHealth Ventures and others.
Seenton completes equity financing
On 2026-08-04, according to Xiniu Data, Seenton completed equity financing for an undisclosed amount. Investors were Xi’an Caijinbogaitou Investment Partnership (Limited Partnership). The company is a provider of intelligent industrial inspection solutions.
Tiduyueqian completes strategic investment financing
On 2026-8-4, according to Xiniu Data, Tiduyueqian completed strategic investment financing of tens of millions of RMB. Investors were Haiyuan Capital and Yashang Capital. The company is a skin AI intelligent application service provider.
Valar Atomics Raises $1B Series B Led by Sequoia for Advanced Nuclear
On August 4, 2026, per Valar Atomics, advanced nuclear reactor and energy systems company raised $1B in Series B equity funding led by Sequoia Capital, plus a $200M credit facility. Founder and CEO Isaiah Taylor advances standardized nuclear reactors and energy systems.
Zhongmaruidong completes equity financing
On 2026-08-04, according to Xiniu Data, Zhongmaruidong completed equity financing for an undisclosed amount. Investors were Guangxi Zimaoquxintongdaoyuanqi Industrial Investment Zhongxin (Limited Partnership). The company is a developer of AI and robotics technology.
Anhui Shenji completes equity financing
On 2026-08-03, according to Xiniu Data, Anhui Shenji completed equity financing for an undisclosed amount. Investors were Shanghai Jinrong Technology Guquan Investment Fund (Limited Partnership), Shenzhen Kunhejuyuan Venture Capital Partnership (Limited Partnership), Beijing Langmayongan Investment Management Joint-stock Company. The company is a developer of automotive-grade AI chips.
Base Power Raises Another $1B at $13B Post-Money Valuation
On August 3, 2026, per TechCrunch, home battery and distributed power service company Base Power raised another $1B, reported as a Series D at a $13B post-money valuation. The company aggregates residential batteries to help balance the grid.
Biaobei Technology completes equity transfer
On 2026-08-03, according to Xiniu Data, Biaobei Technology completed equity transfer for an undisclosed amount. Investors were Hangzhou Wangxin Venture Capital Partnership (Limited Partnership), Shenzhen City Innovation Investment Group Co., Ltd., Qingdao Huilonghuaze Investment Co., Ltd.. The company is an AI voice interaction services provider.
DramaBox generates approximately USD 195 million first-half in-app purchase revenue, leads overseas short-drama chart
DramaBox, an overseas short-drama app under Dianzhong Technology, generated approximately USD 195 million in in-app purchase revenue in the first half of 2026, topping overseas micro-drama apps by revenue. The top three in the second-half revenue chart remained DramaBox, ReelShort and NetShort, together accounting for nearly half of TOP20 in-app purchase revenue.