News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Liuzhoujushen Intelligence completes equity financing
On 2026-08-04, according to Xiniu Data, Liuzhoujushen Intelligence completed equity financing for an undisclosed amount. The company is a provider of AI technology services.
ModuTech completes Pre-Series A financing
On 2026-08-04, according to Xiniu Data, ModuTech completed Pre-Series A financing, raising tens of millions of RMB. Investors were Wuxi Xingqiyuzheng Venture Capital Partnership (Limited Partnership), Nanjing Yuandianyihua Venture Capital Partnership (Limited Partnership). The company is a developer of multimodal tactile sensing and embodied intelligence technology.
Obsidian Security Raises $85M Series D at $1.1B Valuation
On August 4, 2026, per Obsidian Security, SaaS and AI agent runtime security company raised $85M in a Series D led by Crescent Cove Advisors with Greylock Partners and Menlo Ventures at a $1.1B valuation. The company was founded in 2017 by a security industry team; co-founders include former executive Glenn Chisholm.
QuantHealth completes Series B financing
On 2026-8-4, according to Xiniu Data, QuantHealth completed Series B financing, raising USD 45 million. Investors were Qumra Capital, Shoni Health Ventures, Sanofi Ventures, Pitango VC, NewHealth Ventures and others.
Seenton completes equity financing
On 2026-08-04, according to Xiniu Data, Seenton completed equity financing for an undisclosed amount. Investors were Xi’an Caijinbogaitou Investment Partnership (Limited Partnership). The company is a provider of intelligent industrial inspection solutions.
Tiduyueqian completes strategic investment financing
On 2026-8-4, according to Xiniu Data, Tiduyueqian completed strategic investment financing of tens of millions of RMB. Investors were Haiyuan Capital and Yashang Capital. The company is a skin AI intelligent application service provider.
Valar Atomics Raises $1B Series B Led by Sequoia for Advanced Nuclear
On August 4, 2026, per Valar Atomics, advanced nuclear reactor and energy systems company raised $1B in Series B equity funding led by Sequoia Capital, plus a $200M credit facility. Founder and CEO Isaiah Taylor advances standardized nuclear reactors and energy systems.
Zhongmaruidong completes equity financing
On 2026-08-04, according to Xiniu Data, Zhongmaruidong completed equity financing for an undisclosed amount. Investors were Guangxi Zimaoquxintongdaoyuanqi Industrial Investment Zhongxin (Limited Partnership). The company is a developer of AI and robotics technology.
Anhui Shenji completes equity financing
On 2026-08-03, according to Xiniu Data, Anhui Shenji completed equity financing for an undisclosed amount. Investors were Shanghai Jinrong Technology Guquan Investment Fund (Limited Partnership), Shenzhen Kunhejuyuan Venture Capital Partnership (Limited Partnership), Beijing Langmayongan Investment Management Joint-stock Company. The company is a developer of automotive-grade AI chips.
Base Power Raises Another $1B at $13B Post-Money Valuation
On August 3, 2026, per TechCrunch, home battery and distributed power service company Base Power raised another $1B, reported as a Series D at a $13B post-money valuation. The company aggregates residential batteries to help balance the grid.
Biaobei Technology completes equity transfer
On 2026-08-03, according to Xiniu Data, Biaobei Technology completed equity transfer for an undisclosed amount. Investors were Hangzhou Wangxin Venture Capital Partnership (Limited Partnership), Shenzhen City Innovation Investment Group Co., Ltd., Qingdao Huilonghuaze Investment Co., Ltd.. The company is an AI voice interaction services provider.
Chiyuanjinhua completes equity financing
On 2026-08-03, according to Xiniu Data, Chiyuanjinhua completed equity financing for an undisclosed amount. Investors were Ningbo City Shangyiruanjian Co., Ltd.. The company is a developer of intelligent driving technology.
DramaBox generates approximately USD 195 million first-half in-app purchase revenue, leads overseas short-drama chart
DramaBox, an overseas short-drama app under Dianzhong Technology, generated approximately USD 195 million in in-app purchase revenue in the first half of 2026, topping overseas micro-drama apps by revenue. The top three in the second-half revenue chart remained DramaBox, ReelShort and NetShort, together accounting for nearly half of TOP20 in-app purchase revenue.
Horizon3.ai Raises $250M Series E at $2B+ Valuation
On August 3, 2026, per Horizon3.ai, autonomous penetration testing and risk validation company raised $250M in a Series E at a valuation above $2B, co-led by NightDragon and NEA. The company was co-founded by Snehal Antani, who serves as CEO leading autonomous pentesting products.
iMerit was acquired for USD 310 million
On 2026-8-3, according to Xiniu Data, iMerit was acquired for USD 310 million. Investors were ExlService Holdings.
Jiuchuan Intelligence completes Series A financing
On 2026-8-3, according to Xiniu Data, Jiuchuan Intelligence completed Series A financing, raising RMB 100 million. Investors were Huaianshihongzequguangqi Venture Capital Partnership (Limited Partnership), Zhuhai Zhenglinggaokeyihaoguquan Investment Partnership (Limited Partnership).
MagicBI completes equity financing
On 2026-08-03, according to Xiniu Data, MagicBI completed equity financing for an undisclosed amount. Investors were Ningbo Huawenqixinguquan Investment Fund Partnership (Limited Partnership). The company is an AI intelligent data search and analysis platform.
Mariana Minerals Raises $310M Series B Led by Khosla for Critical Minerals
On August 3, 2026, per PR Newswire, critical minerals development and production company Mariana Minerals raised $310M in a Series B led by Khosla Ventures with a16z, Breakthrough Energy Ventures and Mitsubishi Corporation. The company was co-founded in 2024 by Caldwell, Baker Tilney and Juan Lozano.
NetShort generates approximately USD 128 million in first-half in-app purchase revenue
NetShort, an overseas short-drama app under Chongqing Maiya Media, generated approximately USD 128 million in in-app purchase revenue in the first half of 2026, ranking third among overseas micro-drama apps by revenue. NetShort held approximately 45 places and DramaWave approximately 33 places on the top hundred overseas AI drama chart.
Olix completes equity financing
On 2026-08-03, according to Xiniu Data, Olix completed equity financing, raising USD 312 million. Investors were lead investor Fundomo, participating investor Arm, participating investor Hudson River Trading, participating investor Lide · Hasitingsi. The company is a developer of British AI chips.
Paxiniganzhi Technology completes strategic financing
On 2026-08-03, according to Xiniu Data, Paxiniganzhi Technology completed strategic financing, raising RMB 1 billion. Investors were co-lead investor Zhongyin International Investment, co-lead investor Guiankunpeng Fund, co-lead investor Hexinfangce, other lead investors, participating investor Dinghuibaifu, participating investor Chengdu Jiaozijinkong Group, participating investor Jingming Capital, participating investor Jinrongguosheng, participating investor Zhilai Investment, other participating investors. The company is a provider of solutions for embodied sensing general-purpose intelligent.
PokeBot raises around one hundred million US dollars in pre-Series A funding
On 2026/8/3, Elsewhere reported that Chinese embodied intelligence company PokeBot had raised around one hundred million US dollars in pre-Series A funding, focusing on developing robotic manipulation capabilities.
ReelShort generates approximately USD 188 million in first-half in-app purchase revenue
ReelShort, an overseas short-drama app under Crazy Maple Studio, generated approximately USD 188 million in in-app purchase revenue in the first half of 2026, ranking second among overseas micro-drama apps by revenue. Chinese companies contributed approximately 94.93% of overseas micro-drama revenue and 80.46% of downloads in 2025.
Ruilai Intelligence Ti completes equity financing
On 2026-08-03, according to Xiniu Data, Ruilai Intelligence Ti completed equity financing for an undisclosed amount. Investors were Guangli Technology Co., Ltd.. The company is a provider of mining AI agent solutions.