News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Mecka ARR hit $100M, projects $300M run rate by year end
On 2026-10-09, according to an official Mecka report, U.S. robotics company Mecka reached USD 100 million in annualized revenue and projected a USD 300 million run rate by the end of 2026.
Miaoxiang Technology raises tens of millions of CNY Series A, uses battery PACK technology for two-wheeler battery swapping
On 2026/10/9, 36Kr reported that Miaoxiang Technology had raised tens of millions of CNY in Series A funding to accelerate smart battery swapping for two-wheeled electric vehicles. It uses advances in battery PACK technology to build an ecosystem of services centered on battery swapping.
mogenius grew platform ARR 200%+ in first 9 months of 2026
On 2026/10/9, LinkedIn reported that developer tools company mogenius increased its platform's annualized revenue by more than 200% in the first 9 months of 2026.
Noble hit $4.5M ARR, up 1.8x in 5 months
On 2026/10/9, LinkedIn reported that AI sales company Noble reached USD 4.5 million in annualized revenue, with growth of 1.8 times within 5 months.
OpenAI annualized revenue is approximately USD 50 billion, about USD 20 billion below prior expectations
On 2026/10/9, TechCrunch reported that OpenAI disclosed to investors annualized revenue of approximately USD 50 billion, about USD 20 billion below its previous expectation of nearly USD 70 billion. The market had previously expected revenue comparable to Anthropic's public run rate; the latest disclosure drew attention to revenue growth at leading AI labs.
Othello.ai triples ARR month over month for 6 consecutive months
On 2026/10/9, LinkedIn reported that AI startup Othello.ai had tripled annualized revenue month over month for 6 consecutive months. Against rapid AI application adoption, its exponential revenue growth reflected a close fit between its product and market demand.
Oxide Raises $445M Series D at $6B Valuation
On October 9, 2026, per PR Newswire, on-premises cloud infrastructure company Oxide raised a $445M Series D led by Eclipse, with participation from USIT, Riot Ventures and Jane Street, joined by new investors including Atreides Management and AMD Ventures. The round values Oxide at $6B with roughly $835M total funding, to expand manufacturing and fulfill backlog.
Pace grows ARR more than 15 times in the first three quarters
On 2026/10/9, LinkedIn reported that AI sales enablement company Pace had grown annualized revenue more than 15 times in the first three quarters of 2026. Its rapid revenue expansion reflects strong emerging enterprise demand for AI sales efficiency tools.
PaySauce reaches NZD 10 million in annualized revenue as Australian payroll business gains traction
On 2026/10/9, LinkedIn reported that PaySauce, a New Zealand payroll and HR management platform, reached NZD 10 million in annualized revenue. As its Australian payroll business gained traction, revenue growth accelerated noticeably, supporting expansion from a domestic New Zealand provider into an Australia and New Zealand regional platform.
Pyth Network reaches USD 11.5 million annualized revenue, up 86% quarter over quarter
On 2026/10/9, LinkedIn reported that decentralized oracle network Pyth Network had reached USD 11.5 million in annualized revenue, growing 86% from the second quarter. Scale effects in its data infrastructure business were emerging, and revenue growth remained strong.
SenseLab exceeds USD 100,000 in annualized revenue six weeks after launch
On 2026/10/9, LinkedIn reported that AI startup SenseLab exceeded USD 100,000 in annualized revenue six weeks after product launch. As a milestone in early product validation, the pace indicated that market acceptance of its services was improving rapidly.
SeQura exceeds EUR 200 million annualized revenue, doubling within two years
On 2026/10/9, LinkedIn reported that Spanish fintech company SeQura had exceeded EUR 200 million in annualized revenue, doubling within two years. It focuses on buy-now-pay-later and payment infrastructure services, with revenue growth reflecting continued European consumer finance demand for flexible payments.
Wingify revenue exceeds USD 100 million, accelerating after the AB Tasty and VWO merger
On 2026/10/9, LinkedIn reported that Indian marketing technology company Wingify exceeded USD 100 million in annualized revenue. After the merger and integration of AB Tasty and VWO, its A/B testing and experience optimization businesses expanded substantially, crossing a new revenue milestone.
Applied Digital reports USD 341.9 million fiscal 2026 first-quarter revenue, up 322% year over year
On 2026/10/8, FinanceFeeds reported Applied Digital’s fiscal 2026 first-quarter results for the period ending 2026/8/31: revenue of USD 341.9 million, up 322% year over year, including USD 262.8 million service revenue, up 225%, and USD 79.1 million data center leasing revenue. Signed leases covered approximately 1.41GW across five campuses, with approximately USD 36 billion base-term contracted revenue and potential revenue of approximately USD 86 billion if all renewal options were exercised.
Atomic Machines raises USD 250 million; micromechanical manufacturing serves AI data centers
On 2026/10/8, AIPressRoom reported that micromechanical manufacturing company Atomic Machines had raised USD 250 million led by OneIM. It manufactures functional micromechanisms directly from digital designs, serving demand for precision components in AI data centers.
Aventra Defense Systems raises USD 17.5 million to expand Piranha autonomous defense system capacity
On 2026/10/8, AIPressRoom reported that Aventra Defense Systems had raised USD 17.5 million led by Konvoy. Funds will expand production capacity for its Piranha autonomous defense system and develop new platforms for defense and security.
Baixiniu completes Series C2 funding, bringing cumulative Series C funding to USD 100 million
On 2026/10/8, 36Kr reported that L4 autonomous driving company Baixiniu completed Series C2 funding, bringing cumulative Series C funding to USD 100 million. Yinshan Capital led the round, with participation from Xiangtan state-owned capital, Shenzhong Investment, Hunan Caixin, South Korea's Woori Financial Group, Bozheng Capital, and others. The funds focus on L4 end-to-end technology and physical AI expansion.
Bite Huanjing completes several hundred million CNY in angel funding at a CNY 1.5 billion valuation, behind smart glasses brand NIMO
On 2026/10/8, 36Kr reported that Bite Huanjing, the company behind smart glasses brand NIMO, completed angel funding worth several hundred million CNY at a latest valuation of CNY 1.5 billion. Investors included Bohua Capital, Gobi Partners, Yuanhe Puhua, Shangshi Capital, and others. Funding will primarily support product development, channel expansion, and overseas market development.
ByteDance’s Gauth has approximately USD 8.39 million annualized in-app subscription revenue and more than 200 million global installs
ByteDance’s Gauth had more than 200 million cumulative global installs and approximately 86 million monthly active users, up 760% from 2023 by Dealroom’s measure. Annualized in-app subscription revenue was approximately USD 8.39 million. It was shifting from photo-based homework search to an AI tutoring and course platform and had recently launched Gauth AI Course based on Seedance 2.5.
Cori Clinical raises USD 4 million in seed funding to reduce clinical trial protocol amendment costs
On 2026/10/8, AIPressRoom reported that London startup Cori Clinical raised USD 4 million in seed funding, led by Breega. It uses AI to reduce clinical trial protocol amendments and costs and shorten drug trial timelines.
Falcon AI raises EUR 1.5 million pre-seed to build AI-native law firm
On 2026/10/8, AIPressRoom reported that Belgian legaltech company Falcon AI had raised EUR 1.5 million in pre-seed funding led by Syndicate One. It automates contract review and explores an AI-native law firm model.
Gallatin AI Raises $50M Series A for Military Logistics Platform
On October 8, 2026, per Pulse 2.0, US military logistics AI platform Gallatin AI raised $50 million in a Series A to expand its platform.
GUDEA Closes $7M Oversubscribed Seed for AI Narrative Intelligence
On October 8, 2026, per PR Newswire, AI narrative intelligence firm GUDEA closed an oversubscribed $7 million seed round led by Mudita Ventures and Collide Capital, bringing total funding to about $15 million since its 2023 founding.
Hai Robotics Series E stalls at valuation above USD 2 billion
36Kr Global reported that warehouse robotics unicorn Hai Robotics’ Series E at a valuation above USD 2 billion had stalled because new investor H Capital had not transferred funds. The round might become an internal round involving participating existing investors including Capital Today, FiveY Capital and Source Code Capital. Hai Robotics submitted its second Hong Kong Stock Exchange prospectus in 2026/9, with approximately CNY 10.9 billion post-money valuation after its Pre-IPO+ round.