News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗OneStar Yixing Robotics acquired
On 2026/7/31, Xiniu Data reported that OneStar Yixing Robotics was acquired. The investor was Zhejiang Yaoning Technology Group Co., Ltd. The company develops embodied intelligent robots.
OpenAI raises USD 35 billion in Series E financing
On 2026-07-31, according to Xiniu Data, OpenAI completed Series E financing, raising USD 35 billion. Investors were Yamaxun. The company is a developer of artificial general intelligence technology.
Popcorn exceeds USD 2 million ARR, targets more than USD 100 million
On 2026/7/31, LinkedIn reported that US communications services company Popcorn had exceeded USD 2 million ARR. Led by CEO Neel Popat, it served more than 180 countries and targeted more than USD 100 million.
Postiz reaches USD 2 million ARR as a solo operation without outside funding, gains 32 thousand GitHub stars and 6 million downloads
On 2026/7/31, LinkedIn reported that Israeli open-source social media scheduling platform Postiz had reached USD 2 million ARR as a solo operation without outside funding, gaining 32 thousand GitHub stars and 6 million downloads through open source.
Privy exceeds USD 24 million ARR, adds approximately USD 1 million monthly, retains 99.4% of customers and remains profitable every month since founding
On 2026/7/31, LinkedIn reported that US e-commerce email marketing platform Privy had exceeded USD 24 million ARR, adding approximately USD 1 million monthly, with 99.4% customer retention. It said it had remained profitable every month since founding.
Quantum reaches USD 100 million ARR within two years without outside VC funding
On 2026/7/31, LinkedIn reported that US data center supply chain company Quantum Technology Systems had reached USD 100 million ARR within two years, growing through self-funding without outside VC investment.
Shengmingfangzhou is acquired
On 2026-7-31, according to Xiniu Data, The Ark of Life was acquired. The investor is Shenzhen Ronghui Renhe Life Technology Group Co., Ltd. The company is a platform for AI precision health management services.
Shuimuzhiyuan raises an undisclosed amount in equity financing
On 2026-07-31, according to Xiniu Data, Shuimuzhiyuan completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology services.
Simile raises USD 200 million in Series B funding at a USD 2 billion post-money valuation
On 2026/7/31, Simile reported that US company Simile raised USD 200 million in Series B funding at a USD 2 billion post-money valuation, led by Greenoaks. Revenue grew 5 times in 5 months, with more than 50 employees globally.
TARS raises an undisclosed amount in equity financing
On 2026-07-31, according to Xiniu Data, TARS completed equity financing for an undisclosed amount. Investors were Shanghai Guangqihuichan Phase One Private Investment Fund Partnership (Limited Partnership), Shenzhen Kunhejuyuan Venture Capital Partnership (Limited Partnership). The company is a provider of solutions for embodied AI robots.
ThinkForce raises an undisclosed amount in equity financing
On 2026-07-31, according to Xiniu Data, ThinkForce completed equity financing for an undisclosed amount. Investors were Shanghai Nongchang Investment Zhongxin (Limited Partnership), Shanghai Zhangjianghuoju Venture Capital Co., Ltd.. The company is a developer of heterogeneous AI computing chips.
TRUE AI reaches USD 2.5 million ARR with team of 11, staff reduced from 55 to 11 as AI handles multiple business tasks
On 2026/7/31, LinkedIn reported that US company TRUE AI had reached USD 2.5 million ARR with a team of 11, reducing staff from 55 to 11 and using AI for coding, support, testing and analysis.
Tushenzhihe raises an undisclosed amount in equity transfer
On 2026-07-31, according to Xiniu Data, Tushenzhihe completed equity transfer for an undisclosed amount. Investors were Shanghai Juchaohan Management Consulting Partnership (Limited Partnership). The company is an AI protein design services provider.
Ukrainian women-led AI content company Verba bootstraps to USD 1 million ARR
On 2026/7/31, LinkedIn reported that Ukrainian women-led AI content company Verba had reached USD 1 million ARR through bootstrapping, relying on user demand and a lean team.
Wuxianyuyan raises an undisclosed amount in equity financing
On 2026-07-31, according to Xiniu Data, Wuxianyuyan completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology services.
Xuanjilingxi raises tens of millions of RMB in Pre-Series A financing
On 2026-07-31, according to Xiniu Data, Xuanjilingxi completed Pre-Series A financing, raising tens of millions of RMB. Investors were lead investor Innovation Gongchang. The company is a provider of agent infrastructure services for market forecasting.
Yuanzizhishi raises an undisclosed amount in equity financing
On 2026-07-31, according to Xiniu Data, Yuanzizhishi completed equity financing for an undisclosed amount. Investors were Shanghai Zhipuguotaihaitong Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a provider of AI technology services.
Antora Energy Raises $550M Series C for Industrial Thermal Storage
On July 30, 2026, per Antora, industrial renewable thermal storage company Antora Energy closed a $550M Series C co-led by G2 Venture Partners and Eclipse, with Salesforce Ventures among participants. The company targets grid-scale thermal energy storage to decarbonize industry.
AWS reaches USD 169 billion annualized revenue, up 36.7% year over year
On 2026/7/30, Tom Tunguz reported that US company AWS had USD 169 billion annualized revenue for the quarter, up 36.7% year over year, with a USD 496 billion backlog.
Beijing Qianli Technology raises an undisclosed amount in equity financing
On 2026-7-30, according to Xiniu Data, Beijing Qianli Technology completed equity financing, raising an undisclosed amount. Investors were Shandong Xinhai Technology Co., Ltd.
Benzhijihuo raises tens of millions of USD in angel financing
On 2026-07-30, according to Xiniu Data, Benzhijihuo completed angel financing, raising tens of millions of USD. Investors were Shunwei Capital, Jingwei Venture Capital, Jinqiu Fund, Yunqi Capital, Gebi Venture Capital, Alibaba Hong Kong Chuangyezhe Fund, BV Baidufengtou, L2F Guangyuanchuangyezhe Fund. The company is a provider of full-stack edge AI operating systems and personal AI supercomputers.
Bustem reaches USD 5 million ARR through profitable bootstrapping
On 2026/7/30, X reported that US company Bustem had reached USD 5 million ARR without outside funding and remained profitable. The company continued maintaining profitability.
ByteDance’s large model business reaches USD 4 billion ARR
On 2026/7/30, IT Home reported that ByteDance’s large model business had USD 4 billion ARR, or annualized revenue, calculated from average consumption in month 7. As of month 6, average daily token calls to Doubao models exceeded 180 trillion. ARR is an annualized measure, not realized annual revenue.
Chaoyan Intelligence raises an undisclosed amount in angel financing
On 2026-07-30, according to Xiniu Data, Chaoyan Intelligence completed angel financing for an undisclosed amount. Investors were co-lead investor IDG Capital, co-lead investor Tianjin Xinglianjianronghaihe Venture Capital Fund Partnership (Limited Partnership), co-lead investor Jingtai Technology, participating investor Shenzhen City Dezhiqing Investment Co., Ltd., participating investor Wuxianqihanghaihe (Tianjin) Venture Capital Partnership (Limited Partnership), participating investor Chuxin Capital, participating investor Yunxiu Capital. The company is a developer of self-evolving foundation models.