News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Reports say Moonshot AI starts pre-IPO funding at USD 50 billion valuation
On 2026/8/5, IT Home reported that China’s Moonshot AI, behind Kimi, had reportedly started Series G pre-IPO funding at a USD 50 billion valuation, requiring participants to pay by 8/15. The round amount was undisclosed.
Rhizome AI grows revenue 5 times within six months of launch
On 2026/8/5, LinkedIn reported that Rhizome AI, a US life sciences regulatory intelligence company, doubled the number of countries it covered, grew users to 3 times their previous level, and increased revenue 5 times within six months of launch. It provides traceable regulatory intelligence services to enterprises.
Safehire.ai completes seed financing
On 2026-8-5, according to Xiniu Data, Safehire.ai completed seed financing, raising GBP 500,000.
Sapiom raises USD 35 million in Series A funding
On 2026/8/5, X reported that Sapiom, a US AI agent cost platform, raised USD 35 million in Series A funding and launched three products: a model router, Agent Studio, and Runtime.
Shengjing Technology completes equity financing
On 2026-08-05, according to Xiniu Data, Shengjing Technology completed equity financing for an undisclosed amount. Investors were Hefei Dongxin Communications Co., Ltd., Jiaxingruishi Venture Capital Partnership (Limited Partnership), Zhejiang Yuhangzhuanxingshengji Industrial Investment Co., Ltd., Shenzhen City Zhongxiaodan Venture Capital Co., Ltd.. The company is a developer of AI interior spatial design systems.
Tofu adds more than USD 1 million in ARR within 90 days
On 2026/8/5, LinkedIn reported that Tofu, a Canadian AI fraud detection platform for ATS systems, added more than USD 1 million in ARR in less than 90 days. It was recruiting heads of customer experience and business operations to expand the business.
WEIBOT completes seed financing
On 2026-08-05, according to Xiniu Data, WEIBOT completed seed financing, raising millions of RMB. Investors were Wuhan Lichushangwufuwu Co., Ltd.. The company is an AI employee hiring platform provider.
WindBorne completes Series B financing
On 2026-08-05, according to Xiniu Data, WindBorne completed Series B financing, raising USD 37 million. Investors were co-lead investor Khosla Ventures, co-lead investor Galvanize Climate Solutions, participating investor Translink Capital, participating investor Lux Capital. The company is a U.S. autonomous sensing balloon network and AI weather forecasting platform.
Wordsmith AI Extends Series B with $14M from Intact Private Capital
On August 5, 2026, per Wordsmith AI, in-house legal AI workflow company raised $14M in a Series B extension led by new investor Intact Private Capital with Highland Europe and Index Ventures, with FT Ventures newly joining. The company was co-founded by Ross McNairn, Robbie Falkenthal and Volodymyr Giginiak.
Xinyu Semiconductor completes equity financing
On 2026-08-05, according to Xiniu Data, Xinyu Semiconductor completed equity financing for an undisclosed amount. Investors were Rizhaochuhuiyuansheng Venture Capital Fund Partnership (Limited Partnership), Xinyuanjiechuang (Jiashan) Venture Capital Partnership (Limited Partnership). The company is a manufacturer of AI chip design.
Xunjie Technology completes equity financing
On 2026-08-05, according to Xiniu Data, Xunjie Technology completed equity financing for an undisclosed amount. Investors were Shanghai Xique Investment Management Co., Ltd., Alphaist Partners. The company is a developer and seller of embodied intelligence consumer electronics.
Xunnuonaoji completes equity financing
On 2026-08-05, according to Xiniu Data, Xunnuonaoji completed equity financing for an undisclosed amount. Investors were Suzhou Gongyeyuanquzhiyuanweixin Venture Capital Partnership (Limited Partnership). The company is a developer of brain-computer interface and integrated circuit medical devices.
Yuanchu Intelligence completes equity financing
On 2026-08-05, according to Xiniu Data, Yuanchu Intelligence completed equity financing for an undisclosed amount. Investors were Suzhou Chuangweilaiyihao Venture Capital Partnership (Limited Partnership), Suzhou Shihuguoyu Innovation Venture Capital Partnership (Limited Partnership), Wuxi Wuyuanhuxianchang Venture Capital Partnership (Limited Partnership), Suzhou Tiantongweishi Electronics Technology Co., Ltd. and others. The company is a developer of embodied AI robots.
Zhiqing Robotics completes equity financing
On 2026-08-05, according to Xiniu Data, Zhiqing Robotics completed equity financing for an undisclosed amount. Investors were Wuhan Wuchuangxinghuozhongmiao Venture Capital Fund Partnership (Limited Partnership). The company is a developer of core systems for embodied intelligent robots.
1YongCloud completes strategic financing
On 2026-08-04, according to Xiniu Data, 1YongCloud completed strategic financing for an undisclosed amount. Investors were Zhonghekechuangguquan Investment Fund (Sichuan) Partnership (Limited Partnership). The company is a provider of oncology big data and intelligent medical services.
Ambrook Raises $30M Series B for Agribusiness Financial Software
On August 3-4, 2026, per Ambrook, financial software company for agriculture and Main Street small businesses raised $30M in a Series B with investors including Lachy Groom, Thrive Capital, Field Ventures and Thomson Reuters Ventures. The company was co-founded by Mackenzie Burnett, Jeff Anders and Dan Schlosser.
Estel Technologies completes seed financing
On 2026-08-04, according to Xiniu Data, Estel completed seed financing, raising EUR 270,000. Investors were lead investor Vitosha Venture Partners, participating investor Kerem Basak. The company is an AI-driven technology recruiting sales platform.
Fable Security grows ARR 12 times year over year
On 2026/8/4, LinkedIn reported that Fable Security, a US human risk security platform, grew ARR 12 times year over year and achieved 160% of its quarterly target. New customers included Expedia, Twilio, McAfee, and Rubrik.
Fenghuolunyingtu completes seed financing
On 2026-08-04, according to Xiniu Data, Fenghuolunyingtu completed seed financing, raising RMB 30 million. Investors were lead investor Gaoxin Capital, participating investor Huayuan Capital, participating investor Shanghai Tianshihui, participating investor Xinwei Group, participating investor DNA FUND. The company is a developer of proactively interactive embodied intelligence brains.
Guanruihuitu completes angel financing
On 2026-8-4, according to Xiniu Data, Guanruihuitu completed angel financing, raising tens of millions of RMB. Investors were Mengxitianshi Fund.
Guokejushen completes equity financing
On 2026-08-04, according to Xiniu Data, Guokejushen completed equity financing for an undisclosed amount. Investors were Yangzhou Jingji Technology Kaifaqulinxin Industrial Investment Fund Partnership (Limited Partnership), Gongqingchengzhongkezhucheng Venture Capital Partnership (Limited Partnership). The company is a provider of embodied intelligence infrastructure.
Intelligence reaches USD 60 million in ARR
On 2026/8/4, Camunda reported that Intelligence disclosed annual recurring revenue (ARR) of USD 60 million. It operates in AI infrastructure.
Jiuchenwei Electronics completes equity financing
On 2026-08-04, according to Xiniu Data, Jiuchenwei Electronics completed equity financing for an undisclosed amount. Investors were Hangzhou Taixin Private Fund Management Co., Ltd., Jiaxingxianhe Venture Capital Partnership (Limited Partnership). The company is an AI MCU chip services provider.
Lianlu Intelligence completes equity financing
On 2026-08-04, according to Xiniu Data, Lianlu Intelligence completed equity financing for an undisclosed amount. Investors were Ningbo Taohe Enterprise Management Partnership (Limited Partnership), Guangdong Lanshengshiji Science and Technology Innovation Co., Ltd.. The company is a developer and manufacturer of autonomous logistics vehicles.