News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗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 completed pre-seed financing, raising EUR 1.5 million
On 2026-10-8, according to AIPressRoom, Falcon AI completed pre-seed financing, raising EUR 1.5 million.
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.
Hesai wins exclusive lidar designation for all models on Li Auto’s next-generation driver assistance platform
On 2026/10/8, Hesai announced lidar designations for all models on Li Auto’s next-generation driver assistance platform, covering the L series, i series and MEGA, while continuing as Li Auto’s exclusive lidar supplier. Changan’s Deepal L06, Qiyuan A06 and Qiyuan Q05, among other models unveiled that day, also used Hesai lidar.
Kepler Robotics raises tens of millions of CNY in strategic funding to deploy industrial humanoids
Shanghai Kepler Robotics announced a new strategic round of tens of millions of CNY from Jiangyin Xiachuang No. One AI Investment Partnership. The fund was jointly initiated by Jiangyin Xiakewan Equity Investment Fund and Jiangyin High-Tech Venture Investment Co., Ltd. Funds will deploy industrial humanoid robots in the Yangtze River Delta.
Ledgebrook raises USD 200 million for AI-driven specialty insurance expansion
On 2026/10/8, AIPressRoom reported that specialty insurance platform Ledgebrook had raised USD 200 million in equity funding led by Allianz X and Rockefeller Capital Management. It uses AI for specialty underwriting and distribution, with funds expanding its business.
Liqing Intelligence Raises Hundreds of Millions RMB in Angel+ Round
According to Pedaily, on October 8, 2026, AI self-supervised pretraining company Liqing Intelligence completed an Angel+ round of hundreds of millions of RMB; investors were undisclosed. The funds support model R&D and team expansion.
Manus parent Butterfly Effect raises more than USD 500 million in new funding led by Boyu Capital and IDG Capital
On 2026/10/8, Yicai reported that Manus parent Butterfly Effect had announced new funding exceeding USD 500 million, led by Boyu Capital and IDG Capital, with existing investors Tencent, HongShan and ZhenFund continuing their support. Manus is a general-purpose AI agent product that generated market excitement after its launch in 2025/3. This was its first announced funding after resuming independent operations in month 9 and the largest single round for a Chinese agent-native startup to date.
Minerva Humanoids completed pre-seed financing, raising USD 10 million
On 2026-10-8, according to AIPressRoom, Minerva Humanoids completed pre-seed financing, raising USD 10 million.
MintNeuro raises USD 5 million to expand its neural device chip platform
On 2026/10/8, AIPressRoom reported that London brain-computer interface chip company MintNeuro raised USD 5 million, led by Odyssey Ventures. It builds a modular semiconductor platform for neural devices, with proceeds supporting chip mass production at scale.
Mogul completes USD 15.5 million in Series A funding, bringing AI to residential property investment
On 2026/10/8, AIPressRoom reported that Washington, DC real estate investment company Mogul completed USD 15.5 million in Series A funding led by Draper Associates. It uses AI to optimize residential property investment decisions, with funding supporting expanded platform capabilities.
Multiply Labs raises USD 75 million in Series B funding to automate pharmaceutical manufacturing with robots
On 2026/10/8, AIPressRoom reported that Multiply Labs raised USD 75 million in Series B funding, led by Patrick Soon-Shiong and NantWorks. It uses robotic systems to automate biologic drug production, improving pharmaceutical manufacturing efficiency and quality consistency.
Netsec raises more than EUR 8.9 million, expands AI cybersecurity platform
On 2026/10/8, AIPressRoom reported that Netsec had raised more than EUR 8.9 million in equity funding led by Partech. It provides an AI-powered cybersecurity and managed IT platform, with funds supporting product and market expansion.
Nous Research confirms a USD 1.5 billion valuation and launches enterprise AI agents
According to TechCrunch, on 10/8, Nous Research confirmed USD 90 million in Series B funding at a USD 1.5 billion valuation, led by Robot Ventures. NVIDIA, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital participated. It launched Hermes enterprise AI agents, emphasizing open-source models and private deployment.
Onomondo raises over EUR 100 million to expand global IoT infrastructure
On 2026/10/8, AIPressRoom reported that Danish IoT connectivity company Onomondo completed a joint investment of more than EUR 100 million, led by Aspirity Partners. It provides globally unified cellular IoT connectivity infrastructure and will use the funds to expand its network.
Oratomic Raises $475M Series B at $5.4B Valuation
On October 8, 2026, per Oratomic, California-based neutral-atom quantum computing company Oratomic raised $475 million in a Series B led by ARCH Venture Partners, Spark Capital and Khosla Ventures, at a $5.4 billion valuation, with $775 million raised to date.
Persona raises USD 10 million; Cal AI co-founder launches new AI agent company
On 2026/10/8, TechCrunch reported that Cal AI’s 19-year-old co-founder Zach Yadegari had launched AI agent company Persona and raised USD 10 million led by Vine Ventures, with Z Fellows founder Cory Levy and Collective Global participating. MyFitnessPal had acquired Cal AI in month 3 earlier that year.
PlannerPal raises USD 6 million to equip UK financial advisers with AI
On 2026/10/8, AIPressRoom reported that UK financial technology company PlannerPal raised USD 6 million. Its AI client intelligence platform for UK financial advisers evolved from a note-taking tool into an engine for deep client insights.
Proximal reaches USD 55 million monthly revenue, USD 660 million annualized run rate, is being acquired preemptively
On 2026/10/8, X reported that US AI data infrastructure company Proximal had reached USD 55 million monthly revenue and a USD 660 million annualized run rate, and was being acquired preemptively.
Rein Security Raises $25M Series A to Rein in Insecure AI Agents
On October 8, 2026, per Rein Security, AI agent security startup Rein Security raised $25 million in a Series A led by Glilot Capital and Sienna Venture Capital with Corner Ventures participating, bringing total funding to $35 million.
SafeWorld raises USD 12.2 million in seed funding for a physical AI safety validation platform
On 2026/10/8, AIPressRoom reported that Palo Alto startup SafeWorld raised USD 12.2 million in seed funding, led by Shine Capital and a16z Speedrun. It provides a safety validation platform for physical AI systems to ensure robots operate reliably in the real world.