News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Ligongzhihang completes equity financing
On 2026-08-12, according to Xiniu Data, Ligongzhihang completed equity financing for an undisclosed amount. Investors were Wuhan Wuchuangxinghuozhongmiao Venture Capital Fund Partnership (Limited Partnership). The company is a globally leading developer of key intelligent ship navigation technology.
MemoraX AI completes seed financing
On 2026-8-12, according to Xiniu Data, MemoraX AI completed seed financing of hundreds of millions of RMB. Investors were lead investors Beiyanghaitang Fund, Shangshi Capital, and Renai Group, and participating investors Yinxinggu Capital, Anhui Huayeqicheng Equity Investment Partnership (Limited Partnership), Tianjin Haihe Haitang Taiqiao Angel Fund Partnership (Limited Partnership), Dongrong Yihao (Zhuhai Hengqin) Equity Investment Partnership (Limited Partnership) and others. The company is an AI memory technology platform provider.
Minerva ARR hit $4M with a goal of $8M in Q4
On 2026/8/12, LinkedIn reported that Poland's Minerva reached USD 4 million in ARR and aimed to reach USD 8 million in the fourth quarter. The company has strong growth momentum.
ModelBest completes equity financing
On 2026-08-12, according to Xiniu Data, ModelBest completed equity financing, raising tens of millions of RMB. Investors were Sichuan Miantouzhenxingkechuangguquan Investment Fund Partnership (Limited Partnership). The company is a developer of efficient on-device large-model products.
Nebius reached $3B annualized run-rate revenue in Q2 2026
On August 12, 2026, per Nebius, the company reached $3B annualized run-rate revenue in Q2 2026.
Peekaboo surpasses $600K ARR
On 2026/8/12, according to X, US-based Peekaboo surpassed USD600,000 in ARR. The company is an early-stage consumer AI team and continues to develop.
Runjianqizhi completes equity financing
On 2026-08-12, according to Xiniu Data, Runjianqizhi completed equity financing for an undisclosed amount. Investors were Runjian Co., Ltd.. The company is a provider of AI technology product research and development services.
Sigma360 reaches USD 10 million revenue, serves enterprise customers
On 2026/8/12, Inc. reported that US company Sigma360 served enterprise customers and had reached USD 10 million revenue. It is a marketing technology team and continued developing.
Stimuler reaches USD 5.5 million ARR
On 2026/8/12, LinkedIn reported that India’s Stimuler had reached USD 5.5 million ARR, with a 2.2 ratio of ARR to capital consumed.
Superwall reaches USD 9 million ARR
On 2026/8/12, X reported that US subscription revenue management platform Superwall had reached USD 9 million ARR and served more than 10 thousand apps. It focuses on subscription and paywall analytics.
Tencent Holdings reports CNY 204.785 billion revenue in second-quarter 2026, up 11% year over year
On 2026/8/12, Tencent Holdings released its second-quarter 2026 results, reporting CNY 204.785 billion quarterly revenue, up 11% year over year, and CNY 56.022 billion profit attributable to equity holders (approximately USD 28.44 billion).
Tinghao Intelligence completes equity financing
On 2026-08-12, according to Xiniu Data, Tinghao Intelligence completed equity financing for an undisclosed amount. Investors were Wanwu Phase One (Xiamen) Venture Capital Partnership (Limited Partnership), Pingyangxianxiaoman Venture Capital Partnership (Limited Partnership). The company is a developer of AI audio wearable products.
Yiyuanqudong completes equity financing
On 2026-08-12, according to Xiniu Data, Yiyuanqudong completed equity financing for an undisclosed amount. Investors were Nanjing Chuangyidongdazhishan Technology Venture Capital Partnership (Limited Partnership). The company is a designer and developer of core robotic joint modules.
Yizhu Technology completes equity financing
On 2026-08-12, according to Xiniu Data, Yizhu Technology completed equity financing for an undisclosed amount. Investors were Guangzhou Yonghuaguangxing Technology Venture Capital Partnership (Limited Partnership), Yangzhou Chuangxingxinbahao Investment Partnership (Limited Partnership), Qingdao Dashuxiangrong Venture Capital Partnership (Limited Partnership), Guangzhou City Damichengchang Venture Capital Partnership (Limited Partnership) and others. The company is a developer of high-compute AI chip design.
Zhongchenglinuo completes equity financing
On 2026-08-12, according to Xiniu Data, Zhongchenglinuo completed equity financing for an undisclosed amount. Investors were Beijing Henghazhidian Industry Technology Co., Ltd.. The company is a provider of solutions for computing power technology.
Zhonghangcaizhihuikonggang completes equity financing
On 2026-08-12, according to Xiniu Data, Zhonghangcaizhihuikonggang completed equity financing for an undisclosed amount. Investors were Chengdu Wufa Industry Guquan Investment Fund Partnership (Limited Partnership). The company is an intelligent airport technology services provider.
Applied Compute achieves ~$50M annualized revenue, up 4x from November 2025
On 2026/8/11, The Information reported that US company Applied Compute reached approximately USD 50 million in annualized revenue, an increase of 4 times compared with 2025/11.
Buchouliangzi completes Series A financing
On 2026-8-11, according to Xiniu Data, Buchouliangzi completed Series A financing, raising hundreds of millions of RMB. Investors were Guotaihaitong, Jinding Capital, Zhongxinjuyuan, Shanghai Kechuang Group, Zhongxin, TCL Venture Capital, Jinpu Intelligence, Daohechangqi Investment, Yuanhe Holdings, Jielitianshi, Shanghai Zhishichanquan Fund, Chuan Venture Capital, Shennengchengyi, Lianxiang Venture Capital, Tulingziguan, Haitongchuangyi Capital, Zhongxinxinweilai and others.
China Literature reports interim results: CNY 3.531 billion revenue, up 10.68% year over year
China Literature’s interim 2026 results reported CNY 3.531 billion revenue, up 10.7% year over year. Short dramas and AI animated dramas generated CNY 430 million, more than 3 times the year-earlier level, while copyright operations and other revenue reached CNY 1.691 billion, up 40.3%.
Corma completes seed financing
On 2026-08-11, according to Xiniu Data, Corma completed seed financing, raising USD 60 million. Investors were Hongshan Capital (Haiwai), Kesilafengtou, Koutu Capital. The company is an Israeli AI cyber defense services provider.
Daimeng Robotics completes strategic financing
On 2026-8-11, according to Xiniu Data, Daimeng Robot completed strategic investment financing with an amount of hundreds of millions of RMB. The investor is led by Ant Group. The company is a developer of multi-modal tactile sensing systems.
fonio exceeds USD 10 million ARR
On 2026/8/11, LinkedIn reported that Austrian AI communications platform fonio had disclosed ARR exceeding USD 10 million, growing 20 times from USD 500 thousand within 12 months.
Hello Clever reaches AUD 70 million in ARR
On 2026/8/11, LinkedIn reported that Australian real-time payments platform Hello Clever disclosed ARR of AUD 70 million, approximately USD 49.449 million using the ECB cross exchange rate for that day.
Neros Technologies Raises $250M Series C at $2.5B Valuation
On August 11, 2026, per Neros Technologies, defense drone systems company raised $250M in a Series C at a $2.5B post-money valuation, co-led by Sequoia Capital and American Strategic Technology Fund with Interlagos, Valor, Thiel Capital and Spark Capital. Co-founder and CEO Soren Monroe-Anderson leads autonomous and counter-drone expansion.