News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Fengyu Intelligence raises millions of RMB in equity financing
On 2026-07-11, according to Xiniu Data, Fengyu Intelligence completed equity financing, raising millions of RMB. Investors were lead investor Jingfeng Investment, participating investor Qijichuangtan. The company is a supplier of high-performance, high-capacity knowledge base agents.
Litium exceeds SEK 100 million in ARR, growing 18.6% over 18 months
On 2026/7/11, LinkedIn reported that Swedish e-commerce platform Litium exceeded SEK 100 million in ARR, approximately USD 10 million, with growth of 18.6% over the past 18 months. It remained profitable, with revenue growth of 32%.
Octozi raises USD 3 million in seed financing
On 2026-07-11, according to Xiniu Data, Octozi completed seed financing, raising USD 3 million. Investors were lead investor Surface Ventures, participating investor Remarkable Ventures, participating investor Debiopharm Venture Arm. The company is a provider of AI medical services.
Yuewei Technology raises an undisclosed amount in equity financing
On 2026-07-11, according to Xiniu Data, Yuewei Technology completed equity financing for an undisclosed amount. Investors were Wuhan Rongyudianjingerhao Venture Capital Fund Partnership (Limited Partnership). The company is a provider of AI system software information technology services.
Baiyao Technology raises tens of millions of RMB in strategic financing
On 2026-07-10, according to Xiniu Data, Baiyao Technology completed strategic financing, raising tens of millions of RMB. Investors were Shanghai Yunpan Investment Management Co., Ltd., Shanghai Aochuangxiandao Venture Capital Partnership (Limited Partnership). The company is a provider of AI-native virtual cell platforms.
Chuixiang Intelligence raises RMB 10 million in seed financing
On 2026-07-10, according to Xiniu Data, Chuixiang Intelligence completed seed financing, raising RMB 10 million. Investors were Haiyuan Capital. The company is a developer of AI precision manufacturing hardware and software.
Lingdongweilai raises an undisclosed amount in equity financing
On 2026-07-10, according to Xiniu Data, Lingdongweilai completed equity financing for an undisclosed amount. Investors were Yunfei Phase Four Co., Ltd., Shanghai Tianzhiji Venture Capital Partnership (Limited Partnership), Guangzhou City Damichengchang Venture Capital Partnership (Limited Partnership). The company is a developer of consumer AI companion robots.
Lyzr raises USD 100 million in Series B financing
On 2026-07-10, according to Xiniu Data, Lyzr completed Series B financing, raising USD 100 million. The company is a U.S. provider of secure enterprise AI agent deployment services.
Mercor acquires Deeptune, expands AI training environments business
On 2026/7/10, Mercor reported that the US AI recruitment platform had acquired reinforcement learning software company Deeptune to expand AI training environments alongside more than 5 million domain experts. Deeptune had previously raised USD 43 million in Series A funding.
MiniMax completes approximately HKD 16 billion new-share placement and convertible bond funding, underwritten by Morgan Stanley
On 2026/7/10, Cailian Press and Zhidx reported that AI large-model company MiniMax, also known as Xiyu Technology (0100.HK), had announced financing after listing on the Hong Kong main board in month 1 that year. It proposed placing 35.6 million new Class A shares at HKD 268 per share, raising approximately HKD 9.54 billion gross, while issuing HKD 6.5 billion principal of zero-coupon guaranteed convertible bonds due in 2027. The initial conversion price was HKD 335 per share, approximately 12.64% above the closing price. Combined net proceeds were approximately HKD 15.957 billion, approximately 13.8 billion yuan (CNY) or approximately USD 2 billion. Morgan Stanley underwrote the transaction, attracting leading international sovereign funds, long-term funds and major Chinese institutions. Approximately 80% of funds would support AI infrastructure and large-model R&D. This was MiniMax’s first large-scale financing after listing.
Pengnao Technology raises RMB 10 million in strategic financing
On 2026-07-10, according to Xiniu Data, Pengnao Technology completed strategic financing, raising RMB 10 million. Investors were Sierwu Investment (Shenzhen) Partnership (Limited Partnership). The company is a developer of non-invasive brain-computer interface technology.
Sreal AI raises tens of millions of RMB in angel financing
On 2026-07-10, according to Xiniu Data, Sreal AI completed angel financing, raising tens of millions of RMB. Investors were Shanghai Jiaoyunzhichuang Venture Capital Partnership (Limited Partnership), Nantongshijiaodaweilai Industrial Investment Fund Zhongxin (Limited Partnership), Shanghai Zizhugaoxinxiaomiao Venture Capital Co., Ltd., Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of artificial general intelligence technology.
Xihu Robotics raises RMB 100 million in Pre-Series A financing
On 2026-07-10, according to Xiniu Data, Xihu Robotics completed Pre-Series A financing, raising RMB 100 million. Investors were Henan Investment Group Huirong Fund. The company is a developer of general-purpose embodied large-model technology.
Yunmuzhizao raises tens of millions of RMB in Pre-Series A financing
On 2026-07-10, according to Xiniu Data, Yunmuzhizao completed Pre-Series A financing, raising tens of millions of RMB. Investors were Huaqiang Venture Capital Limited Liability Company, Ningbo Kelichuangan Technology Co., Ltd., Tengfei Technology Co., Ltd., Zhejiang Huaxiazhihui Energy Group Co., Ltd., Taicangshitianshi Investment Fund Partnership (Limited Partnership). The company is a developer of general-purpose humanoid robots.
Zhenli Technology raises an undisclosed amount in equity financing
On 2026-07-10, according to Xiniu Data, Zhenli Technology completed equity financing for an undisclosed amount. Investors were Sanmenhuifuchuangshengguquan Investment Partnership (Limited Partnership). The company is a provider of AI solutions for the energy industry.
1YongCloud raises an undisclosed amount in equity financing
On 2026-07-09, according to Xiniu Data, 1YongCloud completed equity financing for an undisclosed amount. Investors were Beijing Jinkehuiyu Venture Capital Partnership (Limited Partnership). The company is a provider of oncology big data and intelligent medical services.
Databento Raises $97M Series B Led by NEA for Market Data Infrastructure
On July 9, 2026, per PR Newswire, real-time and historical market data infrastructure company Databento raised $97M in a Series B led by NEA with DRW Venture Capital, Redpoint Ventures and Tribe Capital. The company was founded by Christina Qi and others; Qi previously co-founded high-frequency trading hedge fund Domeyard and now serves as Databento's CEO.
Gelubu Technology raises an undisclosed amount in equity financing
On 2026-7-9, according to Xiniu Data, Gelubu Technology completed equity financing, raising an undisclosed amount. Investors were Guowang (Shanghai) Venture Capital Partnership (Limited Partnership).
Kairos Materials raises an undisclosed amount in equity financing
On 2026-07-09, according to Xiniu Data, Kairos Materials completed equity financing for an undisclosed amount. The company is a provider of AI4Materials solutions.
Metix AI raises USD 3 million in seed financing
On 2026-07-09, according to Xiniu Data, Metix AI completed seed financing, raising USD 3 million. Investors were lead investor Rsquared Investment. The company is a developer of autonomous recruiting AI agents.
ModelBest raises an undisclosed amount in equity financing
On 2026-07-09, according to Xiniu Data, ModelBest completed equity financing for an undisclosed amount. Investors were Huakong Technology Zhuanyi Co., Ltd.. The company is a developer of efficient on-device large-model products.
Pearl Health raises USD 110 million in equity financing
On 2026/7/9, Xiniu Data reported that Pearl Health completed USD 110 million in equity financing led by Andreessen Horowitz, with participation from Viking Global Investors, AlleyCorp, Ulysses Capital, and Trinity Capital. The company provides US healthcare solutions.
Pletor reaches USD 1 million in ARR after 9 months of operation
On 2026/7/9, LinkedIn reported that France's Pletor reached USD 1 million in ARR after 9 months of operation. Founded by Ferdinand Terme, it helps brands scale creative production with generative AI.
Shendu Zhikong raises several hundred million CNY in Series B funding
On 2026/7/9, Xiniu Data reported that Shendu Zhikong completed Series B funding worth several hundred million CNY, co-led by JinkoSolar, SDIC Innovation, and CMB International, with participation from Sequoia China, Source Code Capital, Guangyuan Capital, China Merchants Venture Capital, Shangrao Changxin Fund Six Enterprise Management Center (Limited Partnership), Guangxi Tencent Venture Investment Co., Ltd., and others. The company provides physical AI energy infrastructure.