News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Zest Search reaches USD 8 million in ARR
On 2026/7/22, ARR Club reported that Zest Search disclosed annual recurring revenue (ARR) of USD 8 million in the AI EdTech sector.
Databricks valuation rises to USD 188 billion; new funding reportedly approximately USD 3 billion
On 2026/7/21, TechCrunch reported that US company Databricks had reached a USD 188 billion valuation following a new round led by Coatue, with the amount reportedly approximately USD 3 billion. It was accelerating its shift toward AI products.
Fangqing Technology raises RMB 1 billion in Series A financing
On 2026-07-21, according to Xiniu Data, Fangqing Technology completed Series A financing, raising RMB 1 billion. The company is a developer of AI chips and system architectures.
FlovaAI raises USD80 million in equity investment financing
On 2026/7/21, according to Xiniu Data, FlovaAI raised USD80 million in equity investment financing. Investors were Hongshan, IDG, and Yunjiu Capital. The company provides an AI-native video creation agent platform.
Gritt Raises $32.4M Total (Pre-Seed + Series A) for Construction Robots
On July 21, 2026, per Gritt, construction robotics and equipment retrofitting company Gritt announced a combined $32.4M in pre-seed and Series A funding, including a $26M Series A led by Obvious Ventures with Union Square Ventures. The company was co-founded by Puneet Puri and Vishal Dugar, both with Carnegie Mellon robotics research backgrounds.
Kuanghang Intelligence raises an undisclosed amount in equity financing
On 2026-07-21, according to Xiniu Data, Kuanghang Intelligence completed equity financing for an undisclosed amount. Investors were Kedaguiguyindao Fund (Anhui) Partnership (Limited Partnership). The company is a provider of mining embodied intelligent robot development services.
Meshy raises nearly USD 400 million Series B, discloses USD 1.5 billion valuation
On 2026/7/21, Meshy announced nearly USD 400 million in Series B funding at a USD 1.5 billion valuation. It said registered users exceeded 12 million, more than 100 million 3D models had been generated in total, and ARR grew approximately 12 times year over year.
Qunzhiyongdong raises an undisclosed amount in equity financing
On 2026-07-21, according to Xiniu Data, Qunzhiyongdong completed equity financing for an undisclosed amount. Investors were Shanghai Houxuechuangzhi Enterprise Management Partnership (Limited Partnership), Shanghai Daohefengchun Venture Capital Partnership (Limited Partnership). The company is a developer of general-purpose AI agent model technology.
SigmaZ AI raises millions of USD in angel financing
On 2026-07-21, according to Xiniu Data, SigmaZ AI completed angel financing, raising millions of USD. Investors were Dexun Investment, Yunqi Capital, Bluerun Ventures, Xiaoxiao Fund, Shendu Capital and others. The company provides a real-time interactive video generation platform based on diffusion language models.
Sila Raises $300M to Scale Silicon Anode Production
Around July 21, 2026, per electrive, battery materials company Sila raised $300M in new funding to expand its Moses Lake, Washington manufacturing base and scale Titan Silicon silicon anode production; lead investors and post-money valuation have not been confirmed by public sources. The company was co-founded by Gene Berdichevsky, who serves as co-founder and CEO.
SkyPilot Raises $20M Seed Led by Lux for Cross-Cloud Compute Orchestration
On July 21, 2026, per SkyPilot, cross-cloud compute orchestration company SkyPilot raised $20M in seed funding led by Lux Capital with Coatue and Amplify Partners. The company was co-founded by Zongheng Yang, Ion Stoica and others; Stoica is also a co-founder of Databricks.
VAST completes equity financing for an undisclosed amount
On 2026-07-21, according to Xiniu Data, VAST completed an equity financing round for an undisclosed amount. Investors included Sunshine Life Insurance Co., Ltd., Hangzhou Alibaba Cloud Feitian Information Technology Co., Ltd., Wuxi Xichuang Dingqi Artificial Intelligence Equity Investment Partnership (Limited Partnership), and Gongqingcheng Qidian Qijing No. One Venture Capital Partnership (Limited Partnership). The company develops general-purpose AI 3D foundation models.
Xiaolongqianxing raises an undisclosed amount in Series A financing
On 2026-7-21, according to Xiniu Data, Xiaolongqianxing completed Series A financing, raising an undisclosed amount. Investors were Heilongjiang Shengjiaorun Technology Development Fund Partnership (Limited Partnership).
Xinligongqing raises an undisclosed amount in equity financing
On 2026-7-21, according to Xiniu Data, Xinligongqing completed equity financing, raising an undisclosed amount. Investors were Anhui Shennenglihe Venture Capital Fund Partnership (Limited Partnership), Shihezigaoshanguquan Investment Co., Ltd.
Yiyou Robotics raises an undisclosed amount in equity financing
On 2026-07-21, according to Xiniu Data, Yiyou Robotics completed equity financing for an undisclosed amount. Investors were Wuxi Shangwen Industrial Investment Partnership (Limited Partnership), Wuxi Xidongxinchenggaoxin Venture Capital Management Partnership (Limited Partnership), Wuxi Xishan Industrial Investment Partnership (Limited Partnership), Huzhouhaibangzhiqing Venture Capital Partnership (Limited Partnership), Wuxi Xidong Industrial Investment Zhongxin (Limited Partnership), Ningbo Meishanbaoshuigangquhuiyou Venture Capital Partnership (Limited Partnership). The company is a developer of humanoid robots driven systems.
Zhongkejiasu raises an undisclosed amount in equity financing
On 2026-07-21, according to Xiniu Data, Zhongkejiasu completed equity financing for an undisclosed amount. Investors were Quanzhouchuangxingzhongke Management Consulting Partnership (Limited Partnership), Shanghai Zhongkechuangxingxiandao Venture Capital Partnership (Limited Partnership). The company is an AI technology commercialization and innovation platform.
Zhuoshizhiyun raises an undisclosed amount in equity financing
On 2026-07-21, according to Xiniu Data, Zhuoshizhiyun completed equity financing for an undisclosed amount. Investors were Yangzhou Hongyi Venture Capital Partnership (Limited Partnership). The company is a developer of AI application software.
Beimingxingmou raises an undisclosed amount in equity financing
On 2026-7-20, according to Xiniu Data, Beimingxingmou completed equity financing, raising an undisclosed amount. Investors were Shenzhen City Huohuotuzhihui Technology Co., Ltd., Hangzhou Shenhao Technology Co., Ltd.
Fluidstack raises USD 830 million in Series A financing
On 2026-07-20, according to Xiniu Data, Fluidstack completed Series A financing, raising USD 830 million. The company is an AI data center and GPU cloud services provider.
Limandongli raises hundreds of millions of RMB in equity financing
On 2026-7-20, according to Xiniu Data, Limandongli completed equity financing, raising hundreds of millions of RMB. Investors were Huoerguosikunnuotianqin Venture Capital Co., Ltd.
MemTensor raises RMB 100 million in Pre-Series A financing
On 2026-07-20, according to Xiniu Data, MemTensor completed Pre-Series A financing, raising RMB 100 million. Investors were Habo Investment, Rongyao, Shangtangguoxiang, Shen Venture Capital, Heyu Capital. The company is a developer of large models with hierarchical memory architectures.
Meshy AI raises USD 400 million in Series B financing
On 2026-07-20, according to Xiniu Data, Meshy AI completed Series B financing, raising USD 400 million. Investors were IDG Capital, Jingwei China, Monolith Lisi Capital, Granite Asia, Hongshan China, BAI Capital, Yuanma Capital and others. The company is a provider of research, development and application services for AI multimodal models.
Natural raises USD 30 million in Series A financing
On 2026-07-20, according to Xiniu Data, Natural completed Series A financing, raising USD 30 million. Investors were Forerunner and others. The company is a U.S. developer of AI agent payment infrastructure.
Quanweijushen raises an undisclosed amount in seed financing
On 2026-07-20, according to Xiniu Data, Quanweijushen completed seed financing for an undisclosed amount. Investors were Dongwankechuang Group. The company is a provider of embodied operating systems and data infrastructure.