News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Prime Intellect discloses annualized revenue exceeding USD 100 million
The AI training, inference and reinforcement learning infrastructure company disclosed annualized revenue of over USD 100 million.
Reconova completes an IPO
On 2026-07-08, according to Xiniu Data, Reconova completed an IPO. The company provides visual intelligence technology and products.
Rogo grows ARR more than 50% last quarter, adds more than 100 customers
On 2026/7/8, LinkedIn reported that US company Rogo had grown ARR more than 50% in the previous quarter and added more than 100 customers. It served more than 40 thousand bankers and investors but did not disclose an absolute ARR amount.
SambaNova System raises USD 1 billion in Series F financing
On 2026-07-08, according to Xiniu Data, SambaNova System completed Series F financing, raising USD 1 billion. The company is a U.S. developer of computer processors and AI data analysis software.
Yikongzhijia completes an IPO
On 2026-07-08, according to Xiniu Data, Yikongzhijia completed an IPO. The company is a provider of autonomous driving solutions for mine transportation.
Zhiliannaoji raises an undisclosed amount in equity financing
On 2026-07-08, according to Xiniu Data, Zhiliannaoji completed equity financing for an undisclosed amount. Investors were Shaanxi Kechuanghangtianzhongzi Investment Fund Partnership (Limited Partnership). The company is a provider of brain-computer interface technology research and development services.
Zhongkexinsong raises hundreds of millions of RMB in Series A+ financing
On 2026-07-08, according to Xiniu Data, Zhongkexinsong completed Series A+ financing, raising hundreds of millions of RMB. Investors were co-lead investor Hongtai Fund, co-lead investor Dinghuibaifu, participating investor Chengtong Fund, participating investor Dazhongjuding, participating investor Guangzhou Suyuan, participating investor Dongjun Capital, other participating investors. The company is a developer of embodied intelligent robots for industrial applications.
Bespoke Labs raises USD 40 million in Series A financing
On 2026-07-07, according to Xiniu Data, Bespoke Labs completed Series A financing, raising USD 40 million. Investors were WVC, Mayfield Fund, The House Fund, Geren Investment Ren. The company is a U.S. AI agent training platform.
Guixinyuanchu raises tens of millions of RMB in angel financing
On 2026-07-07, according to Xiniu Data, Guixinyuanchu completed angel financing, raising tens of millions of RMB. Investors were co-lead investor Yuansheng Venture Capital, co-lead investor HKX Fund, participating investor PointOne Ventures, participating investor Lepu Medical, other participating investors. The company is a developer and manufacturer of AI flying cameras.
Heweilinghong raises an undisclosed amount in equity financing
On 2026-07-07, according to Xiniu Data, Heweilinghong completed equity financing for an undisclosed amount. Investors were Nanjing Jingweichuangsanhao Investment Partnership (Limited Partnership). The company is a developer of AI liquid-cooled server technology.
Huaan Robotics raises an undisclosed amount in equity financing
On 2026-07-07, according to Xiniu Data, Huaan Robotics completed equity financing for an undisclosed amount. Investors were Jiangsu Huakong Investment Management Co., Ltd.. The company is a developer of embodied robots.
Huayuanzhiyin raises RMB 10 million in seed financing
On 2026-07-07, according to Xiniu Data, Huayuanzhiyin completed seed financing, raising RMB 10 million. Investors were lead investor Shuimu Venture Capital. The company is a developer of AI virtual cell technology.
Huizhou Artificial Intelligence Development raises an undisclosed amount in equity financing
On 2026-07-07, according to Xiniu Data, Huizhou Artificial Intelligence Development completed equity financing for an undisclosed amount. Investors were Huizhoushiguoyou Capital Investment Group Co., Ltd.. The company is an operator of AI industry platforms.
Hume Bookkeeping exceeds USD 100,000 in ARR
On 2026/7/7, LinkedIn reported that Australian company Hume Bookkeeping exceeded USD 100,000 in ARR. Founded by Hamish Torney, it provides Xero-based digital bookkeeping services for Australian small businesses.
Knock AI first-half ARR reaches twice its full-year 2025 level
On 2026/7/7, LinkedIn reported that US company Knock AI reached first-half ARR equivalent to twice its full-year 2025 level, with quarter-over-quarter growth of 65% and a 38% increase in average contract value, without disclosing absolute ARR.
MicroHalos reaches USD 500 thousand ARR 6 months after launch
On 2026/7/7, LinkedIn reported that US company MicroHalos had reached USD 500 thousand ARR 6 months after launch. Founded by Scott Clark, it integrates phone, LinkedIn, website and email data to support revenue teams’ decisions.
Norm AI Raises $120M Series C at $1.2B Valuation for RegTech Agents
On July 7, 2026, per Norm AI, agentic legal and regulatory compliance company raised $120M in a Series C led by Khosla Ventures with Blackstone and Bain Capital Ventures at a $1.2B valuation. The team is composed of legal professionals and AI engineers.
Omnidocs reaches EUR 30 million in ARR and serves over 6000 customers worldwide
On 2026/7/7, LinkedIn reported that Omnidocs, a Danish document automation company, reached EUR 30 million in ARR and served more than 6000 customers worldwide. It acquired six companies within two and a half years and provides document automation for Microsoft 365.
OpenFX revenue grows 11 times as annualized payment volume reaches USD 80 billion
On 2026/7/7, LinkedIn reported that US company OpenFX achieved revenue growth of 11 times, while annualized payment volume increased from USD 10 billion to USD 80 billion across 12 currencies. No absolute revenue amount was disclosed.
Proxima Fusion Raises €411M at €2.4B Valuation for Stellarator Fusion
On July 7, 2026, per Proxima Fusion, stellarator fusion company raised €411M (about $468-470M) at a €2.4B valuation, co-led by XTX Ventures and East X Ventures with strategic participation from Google and RWE. The company was co-founded by Francesco Sciortino, Lucio Milanese, Jorrit Lion and others.
Shenduneihe raises tens of millions of RMB in seed financing
On 2026-07-07, according to Xiniu Data, Shenduneihe completed seed financing, raising tens of millions of RMB. Investors were lead investor Astrend, participating investor L2F Guangyuanchuangyezhe Fund. The company is a developer and service provider for AI application software.
Wujinfangzhou raises an undisclosed amount in equity financing
On 2026-07-07, according to Xiniu Data, Wujinfangzhou completed equity financing for an undisclosed amount. Investors were Yangzhou Weilaiguangzhuiguquan Investment Partnership (Limited Partnership). The company is a developer of AI-powered anti-aging drugs.
Youyi Technology raises an undisclosed amount in equity financing
On 2026-07-07, according to Xiniu Data, Youyi Technology completed equity financing for an undisclosed amount. Investors were Jinhuashijindongquxinchuangwanmuqianyi Investment Partnership (Limited Partnership). The company is a provider of general-purpose robots services.
Yuanqiyuedong raises an undisclosed amount in equity financing
On 2026-7-7, according to Xiniu Data, Yuanqiyuedong completed equity financing, raising an undisclosed amount. Investors were Anhui Kexun Artificial Intelligence Venture Capital Fund Partnership (Limited Partnership).