News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗ByteDance’s large model business reaches USD 4 billion ARR
On 2026/7/30, IT Home reported that ByteDance’s large model business had USD 4 billion ARR, or annualized revenue, calculated from average consumption in month 7. As of month 6, average daily token calls to Doubao models exceeded 180 trillion. ARR is an annualized measure, not realized annual revenue.
Chaoyan Intelligence raises an undisclosed amount in angel financing
On 2026-07-30, according to Xiniu Data, Chaoyan Intelligence completed angel financing for an undisclosed amount. Investors were co-lead investor IDG Capital, co-lead investor Tianjin Xinglianjianronghaihe Venture Capital Fund Partnership (Limited Partnership), co-lead investor Jingtai Technology, participating investor Shenzhen City Dezhiqing Investment Co., Ltd., participating investor Wuxianqihanghaihe (Tianjin) Venture Capital Partnership (Limited Partnership), participating investor Chuxin Capital, participating investor Yunxiu Capital. The company is a developer of self-evolving foundation models.
ChipAgents grows first-half ARR 6 times, raises USD 60 million A2 round
On 2026/7/30, LinkedIn reported that US company ChipAgents had raised USD 60 million in A2 funding, bringing total funding to USD 134 million. ARR grew 6 times in the first half of 2026, and its product was deployed at more than 120 semiconductor companies.
Ellis AI raises USD 10 million in seed financing
On 2026-07-30, according to Xiniu Data, Ellis AI completed seed financing, raising USD 10 million. The company is an AI private credit platform.
Ellis Raises $10M Seed for AI Operating System for Private Credit
Around July 30, 2026, per TechCrunch, private credit AI operating system startup Ellis closed a $10M seed round from First Round Capital, Khosla Ventures, 645 Ventures, Harlem Capital, Thrive Capital and Slow Capital. The company was founded by Ryan Williams, previously a co-founder of real estate investment platform Cadre.
Eloquent ARR grows 11 times over the past 12 months, serving banks and fintech companies
On 2026/7/30, LinkedIn reported that US company Eloquent achieved ARR growth of 11 times over the past 12 months. It provides AI operations automation for banks and financial technology companies, with growth driven by partnerships with major financial institutions. No absolute ARR amount was disclosed.
Enginy reaches USD 6 million ARR in two years
On 2026/7/30, X reported that Spain’s Enginy had reached USD 6 million ARR two years after founding. It focuses on industrial engineering and software.
FiSee AI raises USD 8 million in Series A+ financing
On 2026-07-30, according to Xiniu Data, FiSee AI completed Series A+ financing, raising USD 8 million. Investors were Weigang Investment, Linchuan Venture Capital, Kih fund. The company is an AI search engine provider.
Jieti Medical raises an undisclosed amount in equity financing
On 2026-07-30, according to Xiniu Data, Jieti Medical completed equity financing for an undisclosed amount. The company is a developer of implantable brain-computer interface technology.
Jiliu Technology raises an undisclosed amount in Series E financing
On 2026-07-30, according to Xiniu Data, Jiliu Technology completed Series E financing for an undisclosed amount. Investors were China Xinxingzichan, China Xinda, Wanxiang Group, Zhuoyuanyazhou, Futeng Capital, Beiyanghaitang Fund, Toukongdonghai, Huafang Capital, Jiuyi Capital, Dazhongjiaotong, Guodao Fund, Zhongkeyingzhi, Zijing Venture Capital, Tianjin Fengchao, Zhuhai Hengqinkapeila, Anxin Investment, Ruosong Fund, Yunchuang Capital. The company is a provider of solutions for AI compute clusters and compute networks.
K2 Space Raises $500M Series D at ~$6.8B Valuation
On July 30, 2026, per funding database Multiples, high-power satellite platform company K2 Space raised $500M in a Series D at a valuation of about $6.8B, led by ICONIQ and Kleiner Perkins. The company focuses on high-power satellite platforms for commercial space and defense.
Kinematic Trees raises USD 781,400 in seed financing
On 2026-07-30, according to Xiniu Data, Kinematic Trees completed seed financing, raising USD 781,400. Investors were BBB Syndicate Fund, D2N2, Haatch. The company is a UK embodied intelligence technology services provider.
Lyzr grows 20 times in nine months and reaches USD 12 million in ARR
On 2026/7/30, X reported that US company Lyzr reached USD 12 million in ARR, with growth of approximately 20 times over the past nine months. It focuses on AI infrastructure and vector databases.
Meuze exceeds USD 9 million contracted ARR within 8 weeks of rebranding
On 2026/7/30, LinkedIn reported that Canadian restaurant chain AI operations company Meuze had exceeded USD 9 million in contracted ARR within 8 weeks of rebranding, turning fragmented operating data into decisions and actions.
Qiannao Technology raises an undisclosed amount in equity financing
On 2026-07-30, according to Xiniu Data, Qiannao Technology completed equity financing for an undisclosed amount. Investors were Shanghai Heshuang Enterprise Management Partnership (Limited Partnership), Hainan Lianxin Venture Capital Zhongxin (Limited Partnership). The company is a developer of non-invasive brain-computer interface medical technology.
Revoy Raises $27M Series A Led by Standard Capital for Truck Electrification
Around July 30, 2026, per Standard Capital, heavy truck external electric drive and battery swap network company Revoy raised $27M in a Series A led by Standard Capital with Doerr Capital and Y Combinator. Formerly named SixWheel, the team focuses on electrifying heavy freight logistics.
Shixinkeming raises an undisclosed amount in equity financing
On 2026-7-30, according to Xiniu Data, Shixinkeming completed equity financing, raising an undisclosed amount. Investors were Hangzhou Kaitaizhishengguquan Investment Partnership (Limited Partnership), Shenzhen City Huahairunda Technology Co., Ltd., Beijing Maliwenhua Co., Ltd.
Sokin reaches USD 90 million ARR, grows more than 100% year over year
On 2026/7/30, Sokin reported that the UK cross-border payments company had reached USD 90 million ARR, growing more than 100% year over year while remaining profitable. It covered more than 170 countries, more than 70 currencies and 18 banking partners.
Suguanglingji raises an undisclosed amount in angel financing
On 2026-7-30, according to Xiniu Data, Suguanglingji completed angel financing, raising an undisclosed amount.
Tiiny AI raises tens of millions of US dollars in a series of angel rounds
On 2026/7/30, Elsewhere reported that Personal Agent OS company Tiiny AI raised tens of millions of US dollars in a series of angel funding rounds. It had previously raised USD 3 million through crowdfunding and reached ten thousand installations.
WeaveOS raises USD 13.5 million in Series A financing
On 2026-07-30, according to Xiniu Data, WeaveOS completed Series A financing, raising USD 13.5 million. Investors were lead investor Standard Capital, participating investor Moonfire, participating investor Burst Capital, participating investor IrregEx, participating investor Agent Fund, participating investor Y Combinator. The company is an engineering intelligence platform provider.
Zaoyi Innovation raises an undisclosed amount in equity financing
On 2026-07-30, according to Xiniu Data, Zaoyi Innovation completed equity financing for an undisclosed amount. Investors were Shanghai Jipaile Technology Co., Ltd.. The company is a developer of AI software.
Anxinshutong raises tens of millions of RMB in Pre-Series A financing
On 2026-7-29, according to Xiniu Data, Anxinshutong completed Pre-Series A financing, raising tens of millions of RMB.
Azalea Vision raises USD 2.878 million in Series B financing
On 2026-07-29, according to Xiniu Data, Azalea Vision completed Series B financing, raising USD 2.878 million. The company is a Belgian intelligent vision solutions provider.