News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Etched customer contracts exceed USD 1 billion, total funding USD 800 million
On 2026/7/2, X reported that US AI inference chip company Etched had more than USD 1 billion in customer contracts and USD 800 million total funding. With more than 400 engineers, it was expanding factory capacity in Taiwan and data center capacity.
Feathery reaches eight-figure ARR, serves leading insurers
On 2026/7/2, LinkedIn reported that US insurance AI operating system Feathery had reached eight-figure ARR, marked by Signal as above USD 10 million, and served institutions including Tokio Marine and Hiscox.
Guangyuxinchen raises an undisclosed amount in equity financing
On 2026-07-02, according to Xiniu Data, Guangyuxinchen completed equity financing for an undisclosed amount. Investors were Diaowei. The company is a developer of on-device large model AI chips.
Guiyu Technology raises hundreds of millions of RMB in equity financing
On 2026-07-02, according to Xiniu Data, Guiyu Technology completed equity financing, raising hundreds of millions of RMB. Investors were Yaotu Capital, Jinqiu Fund, Alibaba, Hongyi Investment, Puluosiyinshan Capital, Yunshi Capital. The company is a developer of general-purpose aerial agents.
HyperVerge’s HyperStart exceeds USD 20 million ARR
On 2026/7/2, LinkedIn reported that HyperStart, bootstrapped by US company HyperVerge, had exceeded USD 20 million ARR. The AI contract lifecycle management platform served more than 150 enterprise customers worldwide.
iRegene raises RMB 260 million in Series C+ financing
On 2026-07-02, according to Xiniu Data, iRegene completed Series C+ financing, raising RMB 260 million. Investors were lead investor Chengdu Ke Venture Capital, participating investor Zhongxinjian Investment Ben, participating investor Xi Venture Capital, participating investor Dingtaixing, participating investor Xinjiye, participating investor Hongyi Capital, participating investor Yuanxihaihe (Tianjin) Biotechnology Pharmaceutical Industry Fund Partnership (Limited Partnership). The company is a developer of chemically induced cell therapy drugs.
Jushenzhiyuan raises an undisclosed amount in equity financing
On 2026-07-02, according to Xiniu Data, Jushenzhiyuan completed equity financing for an undisclosed amount. Investors were Jiaxingchangbochuangyuanguquan Investment Partnership (Limited Partnership). The company is a developer of robotics and energy storage technology.
Kling AI raises USD 3 billion in equity financing
On 2026/7/2, Xiniu Data reported that Kling AI completed USD 3 billion in equity financing. The company develops video generation large models.
Lingzhu raises angel funding, positioning itself as “TikTok for the AI era”
Lingzhu, an AI creation platform requiring no prior expertise, operated by Shanghai Linggangu Intelligent Technology, raised angel funding led by TikTok angel investor Wei Haijun. Incubated by Yusheng Science, it will use the funds to optimize its product and technology.
NoimosAI exceeds USD 1 million in ARR within a month of release
On 2026/7/2, X reported that Japanese company NoimosAI exceeded USD 1 million in ARR within a month of its official release. It analyzes high-quality content and competitor patterns across major social networks to generate high-performing brand content.
Outward Intelligence bootstraps to USD 10 million ARR
On 2026/7/2, LinkedIn reported that US company Outward Intelligence had reached USD 10 million ARR, compared with USD 1 million ARR in its first year. It maintained retention of early customers while bootstrapping, emphasizing AI to augment team capabilities.
Shentongzhidian raises an undisclosed amount in equity transfer
On 2026-7-2, according to Xiniu Data, Shentongzhidian completed equity transfer, raising an undisclosed amount. Investors were Hangzhou Changyu Asset Management Co., Ltd.
Spott exceeds USD 1 million monthly ARR, grows 8 times in half a year
On 2026/7/2, LinkedIn reported that US company Spott had exceeded USD 1 million monthly ARR, equivalent to more than USD 12 million annualized. In the first half of 2026, ARR grew 8 times, customers grew 447% and Asia-Pacific accounted for 20% of revenue.
Thinking Machine’s Tinker exceeds USD 200 million ARR
On 2026/7/2, YouTube reported that Tinker, the training API under US company Thinking Machine, had hundreds of millions of US dollars ARR, marked by Signal as above USD 200 million. The company already had a USD 12 billion valuation and was reportedly potentially seeking a USD 50 billion valuation.
VAST raises USD 150 million in Series A+ financing
On 2026-07-02, according to Xiniu Data, VAST completed Series A+ financing, raising USD 150 million. Investors were Jili Capital, Fuxingchuangfu, Ceyuan Capital, Yingce Capital, Yuansheng Capital, Sisanjiujiu, Tanwan, Juren Network, Yizhuangguotou, Jishi Capital, Yida Capital, Chengdu Ke Venture Capital, Huakong Fund, Xi Venture Capital, Muhuakechuang and others. The company is a developer of general-purpose AI 3D large models.
X-Era AI raises an undisclosed amount in Series A financing
On 2026-07-02, according to Xiniu Data, X-Era AI completed Series A financing for an undisclosed amount. Investors were Xiamen Detaodajiaju Industrial Investment Binggou Fund Partnership (Limited Partnership). The company is a developer of embodied intelligence and world-action models.
Xuanxiang Technology completes equity financing with an undisclosed amount
On 2026-7-2, according to Xiniu Data, Xuanxiang Technology completed equity financing with an undisclosed amount. Investors were Guangxi Guangdian Network Technology Development Co., Ltd. The company is a technology services and AIGC video production service provider.
Yingshi Intelligence raises an undisclosed amount in equity financing
On 2026-7-2, according to Xiniu Data, Invesco completes equity investment financing in the amount of an undisclosed amount. The investor is Changshu Xieli Yinghua Te Venture Capital Partnership (Limited Partnership). The company is the underlying algorithm provider of 3D visual image processing software.
Yupanliangzhi raises an undisclosed amount in equity financing
On 2026-07-02, according to Xiniu Data, Yupanliangzhi completed equity financing for an undisclosed amount. Investors were Dengtaihua. The company is a developer of chips and systems combining quantum and AI computing.
Zernio reaches USD 2 million ARR
On 2026/7/2, X reported that Zernio, a US API company for unified social platform integrations and OAuth management, had reached USD 2 million ARR. It addresses the difficulties of maintaining multiple platforms, with growth mainly driven by US developer adoption.
Zhijuren raises RMB 20 million in Series A financing
On 2026-7-2, according to Xiniu Data, Zhijuren completed Series A financing, raising RMB 20 million.
Zhiroucaozuo raises an undisclosed amount in equity financing
On 2026-07-02, according to Xiniu Data, Zhiroucaozuo completed equity financing for an undisclosed amount. Investors were Shanghai Hanze Venture Capital Partnership (Limited Partnership), Nantongshijiaodaweilaixiaomiao Venture Capital Partnership (Limited Partnership), Changzhoufangguang Phase Four Venture Capital Partnership (Limited Partnership), Changshuhuayuanchangxin Venture Capital Partnership (Limited Partnership), Suzhou Gaibote Technology Co., Ltd.. The company is a dexterous hand services provider.
Build Concierge reaches USD 2.138 million ARR 6 months after launch
On 2026/7/1, LinkedIn reported that UK company Build Concierge had reached USD 2.138 million in pure software ARR 6 months after launch. It had completed more than 310 thousand AI workflows, maintained 100% system availability and signed 66 customers.
EQUILIBRE raises an undisclosed amount in Series A financing
On 2026-07-01, according to Xiniu Data, EQUILIBRE completed Series A financing for an undisclosed amount. Investors were Creandum. The company is a Czech AI solutions provider.