News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Paymend exceeds USD 20 million ARR
On 2026/8/11, LinkedIn reported that US company Paymend had disclosed ARR exceeding USD 20 million, compared with USD 5 million 12 months earlier.
ProHance hit $20M ARR bootstrapped
On 2026/8/11, YouTube reported that ProHance, an Indian employee experience analytics platform, reached USD 20 million in ARR while operating on a bootstrapped basis. The company is an employee experience analytics team.
Qianjie Technology completes seed financing
On 2026-8-11, according to Xiniu Data, Qianjie Technology completed seed financing, raising hundreds of millions of RMB. Investors were Shanghai Lingzhixinchuang Venture Capital Partnership (Limited Partnership), Zhuhai Qingliuchengchang Venture Capital Zhongxin (Limited Partnership), Beijing Yingnuoweilai Technology Venture Capital Fund Partnership (Limited Partnership), Zhiyuan Innovation (Shanghai) Technology Co., Ltd. and others.
River AI Raises $1.1B Across Seed and Series A Rounds
On August 11, 2026, per River AI, frontier model and agent lab River AI announced $1.1B combined across seed and Series A rounds, led by General Catalyst and AMP PBC with NVIDIA and AMD Ventures participating. The company was founded by Igor Babuschkin, a former xAI co-founder with research experience at Google DeepMind and OpenAI.
Roadrunner grows ARR 3 times and customers 6 times in three months
On 2026/8/11, LinkedIn reported that US company Roadrunner grew ARR 3 times and customer count 6 times within three months. It is an AI infrastructure team.
RuijianAI completes Series B financing
On 2026-08-11, according to Xiniu Data, RuijianAI completed Series B financing for an undisclosed amount. Investors were Foshanruizhanruizhi Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology enablement digital content security services.
Sanas ARR surpasses $77M with 95% GRR and 160% NRR
On 2026/8/11, according to LinkedIn, US-based AI voice modification company Sanas surpassed USD77 million in ARR, with a gross margin of 95% and a net revenue retention rate of 160%.
Sandu Intelligence completes equity financing
On 2026-08-11, according to Xiniu Data, Sandu Intelligence completed equity financing for an undisclosed amount. Investors were Dongwanshidingqianyi Management Consulting Partnership (Limited Partnership). The company is a developer and manufacturer of flexible industrial robots.
Sazhi Intelligence completes equity financing
On 2026-08-11, according to Xiniu Data, Sazhi Intelligence completed equity financing for an undisclosed amount. Investors were Changzhouyunchangguquan Investment Zhongxin (Limited Partnership), Hunan Yunqixiangjiang Venture Capital Partnership (Limited Partnership). The company is a developer of intelligent mobile manipulator robots.
Shenxuan Technology completes equity financing
On 2026-08-11, according to Xiniu Data, Shenxuan Technology completed equity financing for an undisclosed amount. Investors were Shanghai Lanchixinhao Venture Capital Partnership (Limited Partnership), Muhuashuiqing (Shanghai) Venture Capital Partnership (Limited Partnership), Salus Medix Limited. The company is an AI-driven innovative macromolecular drug discovery platform.
SideShift hit 1M+ creators with a goal of $100M ARR within the next 12 months
On 2026/8/11, LinkedIn reported that SideShift, a US creator economy platform, had brought together more than 1 million creators and aimed to reach USD 100 million in ARR within the next 12 months.
Tree Traction reaches USD 5 million in ARR
On 2026/8/11, LinkedIn reported that US company Tree Traction reached USD 5 million in ARR. The company is a B2B SaaS team.
Visma exceeds EUR 3 billion ARR
On 2026/8/11, LinkedIn reported that Norwegian enterprise software company Visma had disclosed ARR exceeding EUR 3 billion, approximately USD 3.462 billion at that day’s ECB exchange rate.
WHIF raises approximately USD 11 million Series A with Kakao Ventures and others participating
Media reports in 2026/8 disclosed a KRW 15 billion Series A for WHIF, the AI character chat platform operated by South Korea’s Bunkerkids. Its company timeline said the round closed in month 5; these dates respectively represent the closing month and public reporting date. Other original usage and revenue growth figures still await item-by-item verification against the original report.
Xihu Robotics completes Series A financing
On 2026-08-11, according to Xiniu Data, Xihu Robotics completed Series A financing for an undisclosed amount. Investors were Haiyuan Capital. The company is a developer of general-purpose embodied large-model technology.
Xunming Shengke raises USD 100 million in Series B funding, bringing total funding close to USD 200 million
On 2026/8/11, Elsewhere reported that Chinese biological AI company Xunming Shengke raised USD 100 million in Series B funding, bringing total funding close to USD 200 million. The round was completed in stages, with proceeds supporting biological foundation model R&D and training at scale.
Yixinglingguang completes seed financing
On 2026-08-11, according to Xiniu Data, Yixinglingguang completed seed financing, raising tens of millions of RMB. Investors were lead investor Datai Capital, participating investor Shenzhen City Fangzhoukongtian Industry Private Equity Investment Fund Partnership (Limited Partnership), participating investor Suzhou Kexi Venture Capital Partnership (Limited Partnership), participating investor Fuliye Intelligence, other participating investors. The company is a provider of commercial aerospace intelligent infrastructure services.
Yuandian Technology completes equity financing
On 2026-08-11, according to Xiniu Data, Yuandian Technology completed equity financing, raising tens of millions of RMB. Investors were Hengxu Capital, Kailian Capital and others. The company is a provider of embodied intelligence data infrastructure platforms.
Yujianzhichuang completes equity financing
On 2026-08-11, according to Xiniu Data, Yujianzhichuang completed equity financing for an undisclosed amount. Investors were Shanghai Zizhuchuangyefuhuaqi Co., Ltd.. The company is a developer and service provider for AI software.
Zhongkexinzhi completes angel financing
On 2026-08-11, according to Xiniu Data, Zhongkexinzhi completed angel financing for an undisclosed amount. Investors were Shanghai Xinzhiyan Enterprise Management Partnership (Limited Partnership). The company is a developer of embodied intelligence emotion perception large models.
Discovered Materials raises USD 9 million seed round to find new chip materials with AI
On 2026/8/10, TechCrunch reported that US company Discovered Materials had raised USD 9 million in seed funding. It uses AI agents to find more efficient chip materials.
Gravis Robotics completes support funding
On 2026-08-10, according to Xiniu Data, Gravis Robotics completed support funding for an undisclosed amount. Investors were Connected and Automated Mobility （CAM） Pathfinder Enhancements programme. The company is a developer of autonomous driving kits for construction machinery.
Gravity ai completes Series A financing
On 2026-8-10, according to Xiniu Data, Gravity ai completed Series A financing, raising USD 35 million. Investors were Insight Partners, BVP, Founders Fund, Accel.
NextSlide was acquired
On 2026-8-10, according to Xiniu Data, NextSlide was acquired. Investors were OpenAI.