News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Micro1 reaches USD 500 million in ARR
On 2026/8/24, LinkedIn reported that Micro1 disclosed annual recurring revenue (ARR) of USD 500 million in the AI HR & Recruiting sector.
Mindtrix completes Pre-Series A financing
On 2026-08-24, according to Xiniu Data, Mindtrix completed Pre-Series A financing, raising RMB 350 million. The company is a developer of invasive brain-computer interface technology.
Morph hit $6M ARR as a one-person company
On 2026/8/24, X reported that US company Morph reached USD 6 million in ARR as a one-person company. Its product provides collaboration and note-taking tools, operated by a solo independent developer.
Nelly’s live ARR exceeds EUR 20 million, doubling in nine months
On 2026/8/24, LinkedIn reported that Germany’s Nelly had exceeded EUR 20 million in live ARR, approximately USD 23.328 million. Live ARR doubled over nine months.
Synapath AI completes angel financing
On 2026-08-24, according to Xiniu Data, Synapath AI completed angel financing, raising RMB 100 million. Investors were Jishi Capital, Nanshanzhanxintou, Suzhou Qushi Fund, Nengliangshouheng, Hangshi Group, Xihuke Venture Capital. The company is a physical AI infrastructure company.
Tianfuzhiyuan completes equity financing
On 2026-08-24, according to Xiniu Data, Tianfuzhiyuan completed equity financing for an undisclosed amount. Investors were Anhui Huayukechuangzhongziguquan Investment Partnership (Limited Partnership), Zhuhai Huaqiangruijia Venture Capital Fund (Limited Partnership), Yijuncaizhi Venture Capital Fund (Guangzhou) Partnership (Limited Partnership), Tianjin Haihehetai Artificial Intelligence Investment Partnership (Limited Partnership). The company is a developer of large models for job-specific agents.
Weifan Intelligence completes seed financing
On 2026-08-24, according to Xiniu Data, Weifan Intelligence completed seed financing, raising RMB 100 million. Investors were Yanchuang Capital, Haiyi Investment, Zhongjin Capital, Jiukun Venture Capital, Zeyu Capital, Shanhanguangceng, Daohechangqi Investment, Jiuzhao Investment, Songyandongli, Shenzhen Kunhejuyuan Venture Capital Partnership (Limited Partnership). The company is a developer of embodied intelligence fusion chips.
Xiaopeng Robotics completes equity financing
On 2026-08-24, according to Xiniu Data, Xiaopeng Robotics completed equity financing, raising USD 900 million. Investors were lead investor IDG Capital, participating investor Gaorong Venture Capital, participating investor Tengxun, participating investor Alibaba. The company is a developer of humanoid robots.
Xinyunshengke completes angel financing
On 2026-08-24, according to Xiniu Data, Xinyunshengke completed angel financing, raising tens of millions of RMB. Investors were Yifeng Capital. The company is a developer of AI cerebrovascular interventional ultrasound diagnostic systems.
XPeng robotics business signs funding agreement for approximately USD 900 million in base subscriptions at an implied USD 6.3 billion post-money valuation
On 2026/8/24, XPeng disclosed that its robotics business Dogotix signed a conditional equity subscription agreement for approximately USD 900 million in base subscriptions, comprising USD 200 million from the group, USD 600 million from external investors, and USD 100 million from executive subscribers. The agreement implied a USD 6.3 billion post-money valuation. Closing remained subject to agreed conditions; additional subscriptions and warrant exercises were not included in the base amount.
Yitadongli completes equity financing
On 2026-08-24, according to Xiniu Data, Yitadongli completed equity financing for an undisclosed amount. Investors were MPC VII PTE. LTD., Shanghai Guoxiangshangyuan Private Investment Fund Partnership (Limited Partnership), Jiaxingjinciguquan Investment Partnership (Limited Partnership), Hainan Guangzhiyuan Management Consulting Co., Ltd.. The company is a developer and manufacturer of humanoid robot power systems.
Zhongshuruizhi completes strategic financing
On 2026-08-24, according to Xiniu Data, Zhongshuruizhi completed strategic financing, raising hundreds of millions of RMB. Investors were lead investor Zhongwangtou, participating investor Su Venture Capital, participating investor Quanguoshebao Fund, participating investor Jinrongjie Capital, participating investor Gongyin Capital, participating investor Kunlun Capital, other participating investors. The company is a one-stop provider of large model development and application services.
Gamgee completes seed financing
On 2026-08-23, according to Xiniu Data, Gamgee completed seed financing, raising USD 4 million. Investors were lead investor Founders Fund, participating investor Y Combinator, participating investor Celine Halioua, participating investor Arash Ferdowsi. The company is a developer of AI personalized mRNA cancer vaccines.
Naoqishidai completes seed financing
On 2026-8-23, according to Xiniu Data, Naoqishidai completed seed financing of tens of millions of RMB. Investors were lead investor Yuanhepuhua and participating investor Shanghai Yuanqiyicai Venture Capital Management Partnership (Limited Partnership). The company is a whole-brain interface brain-computer interface developer.
The 5 Fastest-Growing Companies of the Week (August 23, 2026)
On 2026/8/23, ARR Club's weekly report included Fomo's annualized revenue run rate exceeding USD 150 million. The company operates a cryptocurrency trading platform, so this metric should not be treated as subscription ARR.
Vasion exceeds USD 100 million ARR
On 2026/8/23, LinkedIn reported that US company Vasion had disclosed ARR exceeding USD 100 million. It was strengthening its operations to support the next stage of growth.
Wondershare’s first-half 2026 report: CNY 706 million revenue, over 900 million AI server calls
On 2026/8/23, Securities Times reported Wondershare’s first-half 2026 results: revenue was CNY 706 million, down 7.09% year over year, with more than 900 million AI server calls. Revenue was approximately USD 98 million at 7.2.
Brightendata completes Pre-Series A financing
On 2026-08-21, according to Xiniu Data, Brightendata completed Pre-Series A financing, raising tens of millions of RMB. Investors were lead investor Yingfutaike (Beijing) Science and Technology Innovation Venture Capital Fund (Limited Partnership), participating investor Beijing Jingji Technology Kaifaquzhongzi Investment Fund (Limited Partnership). The company is a developer of enterprise data intelligence service software.
Casper Studios was acquired
On 2026-8-21, according to Xiniu Data, Casper Studios was acquired. Investors were Ode with Anthropic.
Diananda Intelligence completes Series A financing
On 2026-08-21, according to Xiniu Data, Diananda Intelligence completed Series A financing for an undisclosed amount. Investors were lead investor Fuxing Capital, participating investor Hainan Venture Capital. The company is a provider of new computing infrastructure and AI services.
Fuzhijingyi completes equity financing
On 2026-08-21, according to Xiniu Data, Fuzhijingyi completed equity financing for an undisclosed amount. Investors were Shanghai Chuangjinghean Consulting Management Partnership (Limited Partnership). The company is a developer of AI medical software and genetic technology.
Guideless completes seed financing
On 2026-08-21, according to Xiniu Data, Guideless completed seed financing, raising EUR 1 million. Investors were lead investor Superhero Capital, participating investor FIRSTPICK VC, participating investor Thomas Plantenga, participating investor Vytautas Atkočaitis, participating investor Mantas Mikuckas. The company is an AI-driven software training and operational knowledge platform.
Longdianjing completes equity financing
On 2026-08-21, according to Xiniu Data, Longdianjing completed equity financing for an undisclosed amount. Investors were Wuhan City Cheguke Venture Capital Zi Fund Partnership (Limited Partnership). The company is a developer of puncture surgery robots.
Longshu Intelligence completes equity financing
On 2026-08-21, according to Xiniu Data, Longshu Intelligence completed equity financing for an undisclosed amount. Investors were Beijing Jinshajiangchaohua Phase Five Venture Capital Fund Partnership (Limited Partnership), Guangdong Hongchuanyuanxingchi Venture Capital Partnership (Limited Partnership). The company is an AI-native application engine developer.