News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗DeepInfra ARR surpasses $100M driven by demand for AI inference infrastructure
On 2026/9/30, GlobeNewswire reported that DeepInfra, a US AI inference infrastructure company, surpassed USD 100 million in ARR, driven by demand for AI inference.
ElevenLabs valuation doubles to USD 22 billion as employee secondary share transaction closes
On 2026/9/30, TechCrunch reported that AI voice company ElevenLabs doubled its valuation to USD 22 billion. It completed a USD 300 million employee secondary share tender offer co-led by Wellington and T. Rowe Price, doubling the USD 11 billion valuation from its funding in month 2. Employees can realize part of their equity before the company lists.
Flow Engineering raises USD 50 million Series B at USD 750 million valuation
According to Unite.AI, on 2026/9/30, agentic hardware development platform company Flow Engineering raised USD 50 million in Series B funding at a USD 750 million valuation, co-led by Valor Equity Partners founder Antonio Gracias and Atreides Management’s Gavin Baker, with Sequoia Capital and others participating. Founded by Pari Singh and headquartered in San Francisco, it uses agents to connect requirements, CAD, simulation and testing, with customers including Rivian adopting its platform.
Guangtezhiban raises RMB 30 million in Series A financing
On 2026-09-30, according to Xiniu Data, Guangtezhiban completed Series A financing, raising RMB 30 million. Investors were lead investor TriSummit Capital. The company is a developer and supplier of AI toys for children.
Guicheng Technology completes equity financing
On 2026-09-30, according to Xiniu Data, Guicheng Technology completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a developer of AI-driven electronic design automation.
Inbolt Raises EUR 11M in Series A
On September 30, 2026, France-based Inbolt raised EUR 11 million in a Series A led by Shift4Good. The company uses real-time machine vision and spatial perception to help industrial robots adapt to different parts and workstations.
Meshy discloses ARR above USD 100 million
On 2026/9/30, Meshy reported in an official press release that the 3D generative AI company Meshy disclosed annual recurring revenue (ARR) above USD 100 million. It clarified that the figure was ARR rather than actual full-year revenue.
Miter raises USD 40 million Series B to build AI-native construction operating system
According to Unite.AI, on 2026/9/30, AI-native construction operating system company Miter raised USD 40 million in Series B funding led by Battery Ventures, with Bessemer Venture Partners and Coatue participating. Headquartered in San Francisco, it unifies payroll, compliance, jobsites and project costs. More than 2000 contractors use it, with approximately 2% of US construction workers paid through its system. Total funding reached USD 78 million. Connor Watumull and Tobin Paxton co-founded the company.
Multiplier ARR hit $100M
On 2026/9/30, Multiplier reported that the US global employment and payroll platform reached USD 100 million in ARR. The company provides a global HR and payroll platform.
OuterSignal raises $22M Series A
On 2026/9/30, genztech reported that OuterSignal, a US satellite communications company, completed USD 22 million in Series A funding. The company develops optical inter-satellite link technology to improve networking and communications capabilities in low-Earth-orbit satellite constellations.
Quotr Raises USD 4M in Seed Round
On September 30, 2026, US-based Quotr raised USD 4 million in a Seed round led by Llama Ventures. The company automates construction estimation, bills of quantities, quoting and materials procurement with AI.
Restate raises USD 20 million in Series A funding
On 2026/9/30, AIUnderstanding reported that workflow orchestration company Restate raised USD 20 million in Series A funding from Singular.
Shenqiongxinghe completes angel financing
On 2026-09-30, according to Xiniu Data, Shenqiongxinghe completed angel financing for an undisclosed amount. Investors were Hanyuanzichan, Houxue Capital, Qianrong Capital. The company is an embodied intelligence brain developer.
Shuzhikunpeng completes equity financing
On 2026-09-30, according to Xiniu Data, Shuzhikunpeng completed equity financing for an undisclosed amount. Investors were Taizhouluqiaoqizhen Venture Capital Partnership (Limited Partnership), Changzhouzhirongwenzaifucheng Venture Capital Partnership (Limited Partnership). The company is a developer of embodied AI robots control systems.
Stord ARR nearing $1B after 4 years of 10X growth
On 2026/9/30, YouTube reported that Stord, a US supply chain logistics platform, was approaching USD 1 billion in ARR after growth of 10 times over four years. The company provides a supply chain logistics platform.
Tanci Technology completes equity financing
On 2026-09-30, according to Xiniu Data, Tanci Technology completed equity financing for an undisclosed amount. Investors were Hunan Shengdaxuesheng Venture Capital Fund Partnership (Limited Partnership). The company is a developer of large model AI agent and automation marketing technology.
Tangent Robotics Raises USD 4.5M in Pre-seed Round
On September 30, 2026, US-based Tangent Robotics raised USD 4.5 million in a Pre-seed round co-led by Fly Ventures and Toyota Ventures. The company develops fine manipulation, grasping and high-precision motion capabilities for industrial robots.
Varda Space Industries raises $251M Series D
On 2026/9/30, according to genztech, US space pharmaceutical company Varda Space Industries raised USD251 million in Series D financing. Investors included Lux Capital and Natural Capital. The company manufactures drug crystals in orbit.
Vector grows 909% entirely through an inbound strategy
On 2026/9/30, LinkedIn reported that US company Vector had achieved 909% growth entirely through an inbound strategy. It is a B2B SaaS team.
Xinyushishuo completes equity financing
On 2026-09-30, according to Xiniu Data, Xinyushishuo completed equity financing for an undisclosed amount. Investors were Shanghai Kaolalingxi Venture Capital Fund Partnership (Limited Partnership), Suzhou Chixingruiqi Investment Management Partnership (Limited Partnership). The company is a developer of AI application software.
Yitaijushen raises tens of millions of RMB in angel financing
On 2026-09-30, according to Xiniu Data, Yitaijushen completed angel financing, raising tens of millions of RMB. Investors were Puke Investment, Zhongping Capital, Jiaoyuanzichan, Xiangying Fund. The company is a provider of solutions for embodied intelligence data.
Yupanliangzhi raises hundreds of millions of RMB in equity financing
On 2026-09-30, according to Xiniu Data, Yupanliangzhi completed equity financing, raising hundreds of millions of RMB. Investors were Jinpu Investment, Beigong Investment, Yizhuangguotou, Huimei Capital, Sichuan Yuanshi Fund, Jiaminghaochun, Dengtaihua and others. The company is a developer of chips and systems combining quantum and AI computing.
Zenithon Raises USD 10M in Seed Round
On September 30, 2026, UK-based Zenithon raised USD 10 million in a Seed round with the lead investor undisclosed. The company builds world models for extreme physics domains such as rockets, fusion and chip manufacturing.
AMD plans approximately USD 8.2 billion acquisition of World Labs, founded by Fei-Fei Li
On 2026/9/29, PEDaily AI reported that AMD had announced plans to acquire World Labs, the world-model company founded by Fei-Fei Li, for approximately USD 8.2 billion, approximately CNY 55 billion. The transaction would bring world-model technology into AMD’s ecosystem, potentially allowing early investors and the founding team to realize returns.