News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Etched.ai raises USD 300 million in Series C financing
On 2026-07-24, according to Xiniu Data, Etched.ai completed Series C financing, raising USD 300 million. Investors were lead investor Sequoia, participating investor Andreessen Horowitz, participating investor SK Hynix, participating investor Jane Street, participating investor Diffusion Capital, participating investor Peter Thiel, participating investor Andrej Karpathy, participating investor Dylan Field, participating investor Amjad Masad, other participating investors. The company is a U.S. designer and developer of chips dedicated to language model inference.
Fly.io Raises $25M Series D for Persistent Compute for AI Agents
On July 24, 2026, per Fly.io, persistent compute environment company for AI agents Fly.io raised $25M in new funding, widely reported as a Series D led by Dell Technologies Capital and Intel Capital. The company pivoted toward persistent compute for AI agents and named Scott Johnston CEO in 2026.
Fushan Intelligence raises RMB 10 million in Pre-Series A financing
On 2026-7-24, according to Xiniu Data, Fushan Intelligence completed Pre-Series A financing, raising RMB 10 million. Investors were Anhui Shengshuziyingshibanquanguquan Investment Fund Partnership (Limited Partnership), Hefei Baoheziyunshanwenhua Industry Fund Partnership (Limited Partnership).
Hainan Yuanzhi Technology raises an undisclosed amount in equity financing
On 2026-7-24, according to Xiniu Data, Hainan Yuanzhi Technology completed equity financing, raising an undisclosed amount. Investors were Xintisu (Hangzhou) Technology Development Co., Ltd., Suzhou Huaxingyuanchuang Technology Co., Ltd.
Infinity raises USD 15 million in seed financing
On 2026-07-24, according to Xiniu Data, Infinity completed seed financing, raising USD 15 million. The company is a provider of U.S. AI infrastructure services.
Lingmu Technology raises an undisclosed amount in equity financing
On 2026-7-24, according to Xiniu Data, Lingmu Technology completed equity financing, raising an undisclosed amount. Investors were Changzhoukejiaocheng Industrial Investment Fund (Limited Partnership), Shanghai Baolongqiche Technology (Anhui) Co., Ltd., Anhui Shenglidingjingliguquan Investment Partnership (Limited Partnership).
Scape Raises $3.2M from YC and General Catalyst for AI-Native Mail
In July 2026, per Tech.eu, AI-native email and task management startup Scape raised $3.2M from Y Combinator, General Catalyst and FundersClub. The company was co-founded by Swedish entrepreneurs Melvin Hagberg and Elis Hodzic, both around 23 when they launched the product.
Siweijiema raises RMB 10 million in angel financing
On 2026-07-24, according to Xiniu Data, Siweijiema completed angel financing, raising RMB 10 million. Investors were lead investor Mengxitianshi Fund. The company is an intelligent EEG analysis platform provider.
Takeoff is acquired
On 2026-7-24, according to Xiniu Data, Takeoff was acquired for an undisclosed amount. Investors were Sierra.
Xingyun Intelligence raises an undisclosed amount in equity financing
On 2026-07-24, according to Xiniu Data, Xingyun Intelligence completed equity financing for an undisclosed amount. Investors were Shenzhen City Chenfengruixi Investment Partnership (Limited Partnership). The company is a developer of autonomous driving technology.
Yisuo Intelligence raises tens of millions of RMB in seed financing
On 2026-7-24, according to Xiniu Data, Yisuo Intelligence completed seed financing, raising tens of millions of RMB. Investors were Zhengxuan Investment.
Yixinzhinao raises tens of millions of RMB in seed financing
On 2026-07-24, according to Xiniu Data, Yixinzhinao completed seed financing, raising tens of millions of RMB. Investors were lead investor Haiyuan Capital. The company is a developer of embodied intelligence technology.
Yutong Intelligence raises an undisclosed amount in equity financing
On 2026-7-24, according to Xiniu Data, Yutong Intelligence completed equity financing, raising an undisclosed amount. Investors were Qingdao Qiweizhiyuanerhao Venture Capital Fund Partnership (Limited Partnership).
AegisAI Raises $36M Series A Led by Battery for AI Anti-Phishing
On July 23, 2026, per TechCrunch, AI email anti-phishing company AegisAI raised $36M in a Series A led by Battery Ventures with Accel and Foundation Capital. The company was co-founded by Cy Khormaee and Ryan Luo, who previously worked on Google's Safe Browsing and reCAPTCHA security technologies.
Aijiekexin raises an undisclosed amount in equity financing
On 2026-07-23, according to Xiniu Data, Aijiekexin completed equity financing for an undisclosed amount. Investors were Guojia Artificial Intelligence Industrial Investment Fund Partnership (Limited Partnership). The company is a developer and manufacturer of AI high-compute chips.
Aina raises USD 5.5 million in seed financing
On 2026-07-23, according to Xiniu Data, Aina completed seed financing, raising USD 5.5 million. Investors were co-lead investor Redstart Labs, co-lead investor 360 ONE Asset, participating investor MIXI Global Investments, participating investor Antler, participating investor Blume Founders Fund, other participating investors. The company is a developer of consumer AI hardware.
Andrenam Raises $18M Series A for Passive Sonar Ocean Awareness
On July 23, 2026, per Andrenam, passive sonar and ocean situational awareness company Andrenam raised $18M in a Series A led by Upfront Ventures with Valor Equity Partners, Also Capital and First Round Capital, bringing total funding to $30M. Co-founder and CEO Matej Cernosek leads business and deployment; co-founder and CTO Alex Chu leads acoustic hardware and analytics R&D.
Coverwatch raises USD 4.5 million in seed financing
On 2026-07-23, according to Xiniu Data, Coverwatch completed seed financing, raising USD 4.5 million. Investors were co-lead investor Restive Ventures, co-lead investor CoFound Partners, participating investor Liquid 2 Ventures, participating investor K Fund, participating investor Prompt Capital, participating investor Movi Collective, participating investor Manresa Ventures. The company is a developer of U.S. AI-native commercial insurance platforms.
Elio Labs raises USD 21 million in seed financing
On 2026-07-23, according to Xiniu Data, Elio Labs completed seed financing, raising USD 21 million. Investors were co-lead investor Innovation Endeavors, co-lead investor Xora Innovation, participating investor UpWest, participating investor Scribble Ventures, participating investor Resolute Ventures, participating investor Kevin Weil. The company is a provider of technology research, development and application services for U.S. AI sensing.
HiDream completes CNY 1.5 billion Series C, becomes a unicorn
On 2026/7/23, Xinhua republished a Global Times website report that HiDream had raised CNY 1.5 billion in Series C funding co-led by the Social Security Fund’s Sichuan Revitalization Science and Technology Innovation Fund, ICBC Capital, Hongyi Asset Management and Dunhong Capital. Total funding over nearly three months exceeded CNY 2.1 billion. This round’s CNY 1.5 billion was approximately USD 208 million at 7.2.
HiDream Zhixiang Future raises CNY 1.5 billion in Series C funding
On 2026/7/23, Xiniu Data reported that HiDream Zhixiang Future completed CNY 1.5 billion in Series C funding. Sichuan Industry Fund, ICBC Capital, Hongyi Asset Management, and Dunhong Asset Management co-led the round, with participation from Xiamen ITG Capital, Shanghai Film New Vision Fund, Changjiang Industry Group, Huace Film and Television, Hangyuan Fund, Chuangyunhai Capital, Huafu Investment, Yuhang Financial Holdings, BOCOM Capital, Quanzhou Ruosong Private Fund Management, Hefei Industrial Investment, Oriental Fortune Capital, GP Capital, Jinhua Financial Investment, Zhongzhechuang, Caixin Capital, and others. The company provides multimodal generative AI large models.
Intelligence AI exceeds 5 million users, expands beyond 30 design arenas
On 2026/7/23, X reported that US company Intelligence AI had more than 5 million users and expanded from 6 design arenas to more than 30, generating millions of designs. The page did not disclose revenue, funding or valuation.
Kids360 reaches USD 12 million in ARR
On 2026/7/23, ARR Club reported that Kids360 disclosed annual recurring revenue (ARR) of USD 12 million in the AI Consumer sector.
Liulanshuzhi raises hundreds of millions of RMB in Pre-Series A financing
On 2026-07-23, according to Xiniu Data, Liulanshuzhi completed Pre-Series A financing, raising hundreds of millions of RMB. Investors were Suzhou Lisi Phase One Venture Capital Partnership (Limited Partnership), Qianhaifangzhou, Fuxingchuangfu, Junshan Capital, Zhiyuan Robotics and others. The company is a developer of AI hardware.