News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Shenshu Technology completes equity financing
On 2026-08-28, according to Xiniu Data, Shenshu Technology completed equity financing for an undisclosed amount. Investors were Shanghai Yuanhepuhuaweilaizhongzi Venture Capital Partnership (Limited Partnership), Rugaojiaodahanyuanguquan Investment Partnership (Limited Partnership). The company is a developer and service provider for AI application software.
Shiye Technology completes equity financing
On 2026-08-28, according to Xiniu Data, Shiye Technology completed equity financing for an undisclosed amount. Investors were Shenzhen City Huaizezhongzhaotianshi Phase Two Simu Venture Capital Fund Partnership (Limited Partnership). The company is a developer of smart wearables for cycling.
StackOptimise reaches USD 3 million ARR in two years
On 2026/8/28, LinkedIn reported that UK company StackOptimise had reached USD 3 million ARR in two years. It said all closed projects had been influenced by its LinkedIn content strategy.
Sunrise completes equity financing
On 2026-08-28, according to Xiniu Data, Sunrise completed equity financing, raising RMB 2 billion. Investors were Zhengda Group, Jiuan Medical, Yingfenghuanjing, Tongchenglüxing Holdings, Renbao Capital, Jianxinguquan, Janchor Partners, Zhongkechuangxing, Tongchuangweiye, Dongfang International, Jinhualun Capital, Linxin Investment, Yida Capital, Hupanhongsheng Fund, Honghui Fund, Sanqihuyu and others. The company is a developer of AI inference GPU chips and full-stack solutions.
Transfyr completes seed financing
On 2026-08-28, according to Xiniu Data, Transfyr completed seed financing, raising USD 25 million. Investors were General Catalyst, Lux Capital, Breakout Ventures, Factory, Neo, SVA, MVP Ventures, Underscore VC, Geren Investment Ren. The company is a U.S. provider of physical AI infrastructure for science.
UBTECH reports CNY 1.26913 billion in revenue in the first half of 2026
On 2026/8/28, IT Home reported that Chinese humanoid robotics company UBTECH generated CNY 1.26913 billion in revenue in the first half of 2026, approximately USD 188.8 million, including CNY 590.3 million in humanoid robotics revenue.
Workvivo reaches USD 100 million in ARR
On 2026/8/28, Workvivo reported that Workvivo disclosed annual recurring revenue (ARR) of USD 100 million in the AI HR & Recruiting sector.
XD reports CNY 724 million first-half fiscal net profit, down 10.64% year over year
XD’s interim 2026 results showed CNY 3.312 billion in revenue (up +7.47% year over year), CNY 2.329 billion in gross profit and CNY 724 million in net profit (down -10.64% year over year).
Yikazhiche completes equity financing
On 2026-08-28, according to Xiniu Data, Yikazhiche completed equity financing for an undisclosed amount. Investors were Shanghangxinghangzhixing Venture Capital Partnership (Limited Partnership). The company is a developer of intelligent digital transportation platforms.
Youdasiqiche completes equity financing
On 2026-08-28, according to Xiniu Data, Youdasiqiche completed equity financing for an undisclosed amount. Investors were Zhuhai Youhang Technology Co., Ltd.. The company is a developer and manufacturer of intelligent driving sensing sensors.
Yuanqi Semiconductor completes Pre-Series B financing
On 2026-08-28, according to Xiniu Data, Yuanqi Semiconductor completed Pre-Series B financing for an undisclosed amount. Investors were Shenchantou, Fengnian Capital, Jiantou Investment, Peikun Investment and others. The company is a developer of high-speed AI interconnect chips.
Yunyiguangdian completes equity financing
On 2026-08-28, according to Xiniu Data, Yunyiguangdian completed equity financing for an undisclosed amount. Investors were Hefei City Zhongzi Investment Fund Co., Ltd.. The company is a developer of fully solid-state lidar systems.
Zhicheng AI completes equity financing
On 2026-08-28, according to Xiniu Data, Zhicheng AI completed equity financing for an undisclosed amount. Investors were Hangzhou Hongpo Venture Capital Fund Partnership (Limited Partnership). The company is a developer of embodied intelligence general-purpose robots.
Ahrefs reaches USD 150 million ARR
On 2026/8/27, LinkedIn reported that Singaporean SEO tools company Ahrefs had reached USD 150 million ARR while remaining bootstrapped, achieving this revenue scale with approximately 130 people.
Cekura reaches USD 1 million in ARR
On 2026/8/27, ARR Club reported that Cekura disclosed annual recurring revenue (ARR) of USD 1 million in the AI Communications sector.
CropX approaches USD 20 million ARR
On 2026/8/27, AgFunderNews reported that US agricultural data company CropX had approached USD 20 million ARR. The measure mainly represented subscription revenue and excluded one-time hardware sales.
CrowdStrike reaches USD 5.84 billion in ARR
On 2026/8/27, LinkedIn reported that CrowdStrike disclosed annual recurring revenue (ARR) of USD 5.84 billion in the AI Cybersecurity sector.
Dabu Intelligence completes equity financing
On 2026-08-27, according to Xiniu Data, Dabu Intelligence completed equity financing for an undisclosed amount. Investors were Wuhan Wuchuangxinghuozhongmiao Venture Capital Fund Partnership (Limited Partnership). The company is a developer of intelligent robots.
Gamma acquired design startup Lica to create multimodal and interactive communication tools
On 2026/8/27, TechCrunch reported that Gamma, a Singapore AI document and presentation tool, acquired design startup Lica to build multimodal interactive communication tools.
Haiyanjingwei completes equity financing
On 2026-08-27, according to Xiniu Data, Haiyanjingwei completed equity financing for an undisclosed amount. Investors were Yanyuan Innovation (Beijing) Technology Fuhuaqi Co., Ltd.. The company is a developer of minimally invasive surgical robots and AI medical software.
Instinct raises USD 350 million in under a year at USD 2.5 billion valuation while still in private beta
On 2026/8/27, WSJ reported that US company Instinct had raised USD 350 million in under a year at a USD 2.5 billion valuation while still in private beta.
Jingan Technology completes equity financing
On 2026-08-27, according to Xiniu Data, Jingan Technology completed equity financing for an undisclosed amount. Investors were Xingejuhaihebinhaiguquan Investment Fund (Tianjin) Partnership (Limited Partnership), Hangzhou Gaocengcirencai Phase Two Innovation Venture Capital Partnership (Limited Partnership). The company is a next-generation defense technology services provider.
Linear hit 40k+ paying customers with a 177% net revenue retention rate
On 2026/8/27, according to Linear, Linear reported a revenue growth signal in the AI Productivity sector.
MiniMax company-wide ARR exceeds USD 800 million, with over 2 million enterprise and developer customers
In 2026/8, MiniMax exceeded USD 800 million in company-wide ARR and 2 million enterprise and developer customers, 10 times the level at the end of 2025. Total revenue in the first half of 2026 was USD 116.6 million, up 283.1% year over year, with 60.8% from outside mainland China. The AI-native product line that includes Hailuo AI generated USD 42.64 million in revenue, up 100.9% year over year.