News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Luma AI raises USD 900 million Series C+ at USD 4 billion post-money valuation, led by Saudi PIF
In 2025/11, Luma AI raised USD 900 million in Series C+ funding at a USD 4 billion post-money valuation, led by HUMAIN under Saudi sovereign wealth fund PIF. It also announced a 2GW AI supercomputing cluster in Saudi Arabia. Total funding exceeded USD 1 billion, full-year 2025 revenue was approximately USD 20 million, and its price-to-sales ratio was approximately 190 times.
Guardio completes USD 80 million in funding amid conflicting timing for USD 100 million ARR
Guardio announced USD 80 million in funding on 2025/11/19. TechCrunch said it had reached USD 100 million in ARR, while the company's announcement the same day said it expected to exceed USD 100 million in ARR in early 2026. The conflicting revenue timing remains pending further verification. An exact valuation was not disclosed.
Modal's USD 100 million ARR claim remains unverified
ARR Club lists 2025/11/20 as the date when Modal reached USD 100 million in ARR. No contemporaneous original report has yet been found to verify the date and methodology.
Instantly reaches USD 80 million ARR
On 2025/11/16, X reported that US email outreach platform Instantly had reached USD 80 million in annual recurring revenue. It did not disclose its funding round, investors or valuation.
TandemAI raises USD 22 million in Series A+ financing
On 2025-11-14, according to Xiniu Data, TandemAI completed Series A+ financing, raising USD 22 million.
1Password reaches USD 400 million annual revenue at approximately USD 6.8 billion valuation, serves more than 180 thousand organizations and 1 million developers
On 2025/11/6, 1Password reported that the Canadian identity security platform 1Password had exceeded USD 400 million annual revenue, maintained positive free cash flow and had approximately USD 6.8 billion valuation. It served more than 180 thousand organizations, protected more than 1.3 billion credentials and generated more than 75% of revenue from enterprise customers.
Maiwei Medical raises RMB 100 million in Series A+ financing
On 2025-11-6, according to Xiniu Data, Maiwei Medical completed Series A+ financing, raising RMB 100 million.
Video Rebirth discloses USD 50 million funding
On 2025/11/5, Video Rebirth disclosed USD 50 million in funding. Two existing reports for the same company and amount still require assessment for merging. The funding amount must not be entered as valuation, and the round and cumulative amount remain blank where the original text does not specify them.
Yingheyimai raises RMB 100 million in equity financing
On 2025-10-29, according to Xiniu Data, Yingheyimai completed equity financing, raising RMB 100 million.
Superreply reaches USD 200,000 in ARR
On 2025/10/23, LinkedIn reported that Superreply, a US AI email reply tool, reached USD 200,000 in annual recurring revenue. The company did not disclose its funding round, investors, or valuation.
Veed discloses latest business progress
On 2025/10/23, LinkedIn reported that UK online video editing platform Veed had disclosed its latest business progress. No quantifiable revenue or funding figures were announced in this update; further operating data remained to be disclosed.
Lemlist reaches USD 36 million ARR
On 2025/9/26, LinkedIn reported that US email outreach automation platform Lemlist had reached USD 36 million in annual recurring revenue. It had previously stalled at USD 15 million ARR for 14 months and did not disclose its latest funding or valuation.
Maimai Technology raises RMB 100 million in Pre-Series A financing
On 2025-9-17, according to Xiniu Data, Maimai Technology completed Pre-Series A financing, raising RMB 100 million.
Pulinmaide completes equity financing
On 2025-9-12, according to Xiniu Data, Pulinmaide completed equity financing, raising an undisclosed amount.
Flexile reaches USD 100 thousand ARR
On 2025/9/10, X reported that Indian startup Flexile had reached USD 100 thousand in annual recurring revenue. It did not disclose its funding round, investors or valuation and remained at an early stage.
Maitexin completes Pre-Series A financing
On 2025-9-10, according to Xiniu Data, Maitexin completed Pre-Series A financing, raising an undisclosed amount.
Mercor reaches USD 450 million annualized revenue
On 2025/9/10, TechCrunch reported that AI talent matching platform Mercor had reached USD 450 million annualized revenue. It did not disclose its funding round, investors or valuation. Growth mainly came from demand for AI model training and talent.
Cognition reaches USD 150 million ARR, raises USD 400 million
On 2025/9/9, X reported that AI coding company Cognition had raised USD 400 million at a USD 10.2 billion valuation, led by Founders Fund with participation from Lux Capital, 8VC and others. ARR surged from USD 1 million in 2024/9 to USD 150 million, while cumulative net cash burn since founding remained below USD 20 million.
Yoto reaches USD 450 million ARR
On 2025/9/9, LinkedIn reported that UK children’s audio entertainment brand Yoto had reached USD 450 million in annual recurring revenue. It did not disclose its funding round, investors or valuation. Growth came mainly from hardware and content subscriptions.
Changchuan Technology plans to buy the remaining 49% of Keweisheng for CNY 119.07 million
Changchuan Technology announced a proposed purchase of the remaining 49% of Keweisheng, with planned payments of CNY 82.62 million and CNY 36.45 million to the counterparties, totaling CNY 119.07 million. The consideration belongs to the original equity transaction, rather than new financing for Keweisheng. A signing announcement does not demonstrate that closing has occurred.
Roam discloses latest business progress
On 2025/9/7, X reported that US company Roam had disclosed its latest business progress. No quantifiable revenue or funding data or further operating details were released; more data remained to be made public.
Aragon AI discloses its latest business progress
On 2025/8/22, LinkedIn reported that US company Aragon AI disclosed its latest business progress. The signal did not provide quantifiable revenue or funding data, and the company did not disclose further operating details. Subsequent data remained to be made public.
Paradigm completes USD 5 million in seed funding, bringing total funding to USD 7 million
Paradigm's current seed round is USD 5 million, while total funding is USD 7 million; the two should be recorded separately. Customer figures, product agent counts, and investment institution affiliations in the original draft remain pending individual checks.
Leadplus reaches USD 1 million in ARR
On 2025/8/17, LinkedIn reported that B2B lead platform Leadplus disclosed annual recurring revenue of USD 1 million. It sends thousands of personalized outreach emails each day.