News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Shuben Intelligence raises an undisclosed amount in equity financing
On 2026-6-18, according to Xiniu Data, Shuben Intelligence completed equity financing, raising an undisclosed amount. Investors were Wuhan Guanggu Industry Development Fund Partnership (Limited Partnership).
Siliconflow raises RMB 5 million in equity transfer
On 2026-06-18, according to Xiniu Data, Siliconflow completed equity transfer, raising RMB 5 million. Investors were Shenzhen Huakongqianyan Technology Simu Venture Capital Fund Partnership (Limited Partnership). The company is a provider of AI infrastructure.
Sisheng Technology raises tens of millions of RMB in seed financing
On 2026-06-18, according to Xiniu Data, Sisheng Technology completed seed financing, raising tens of millions of RMB. Investors were Yingnuo Fund, Shuimuqinghuaxiaoyouzhongzi Fund. The company is a developer of ultrasound brain-computer interfaces.
Tongxing Technology raises millions of RMB in seed financing
On 2026-6-18, according to Xiniu Data, Tongxing Technology completed seed financing, raising millions of RMB. Investors were Shenzhen City Zhongyingketongxun Technology Co., Ltd.
Yanyu Technology approaches USD 300 million ARR, raises nearly USD 300 million Series B+
On 2026/6/18, iFanr reported that Yanyu Technology had current ARR approaching USD 300 million and expected to exceed USD 600 million by year-end. It raised nearly USD 300 million in Series B+ funding at a post-money valuation exceeding USD 2 billion. Its LibTV product recorded a day with more than USD 1 million in revenue during its first month after launch.
Acrab raises USD 350 million in equity financing
On 2026-06-17, according to Xiniu Data, Acrab completed equity financing, raising USD 350 million. Investors were Vertex Growth Fund, Vertex Ventures Southeast Asia & India. The company is a provider of edge agentic AI computing platforms.
Banbu Intelligence completes equity financing for an undisclosed amount
On 2026-06-17, according to Xiniu Data, Banbu Intelligence completed equity financing for an undisclosed amount. The investor was Changchunteng (Zhejiang) Venture Capital Fund Partnership (Limited Partnership). The company develops on-device Physical AI technology and products.
bpm exceeds EUR 1 million ARR after 4.5 months of operations
On 2026/6/17, LinkedIn reported that French dating platform bpm had exceeded EUR 1 million ARR after 4.5 months of operations, achieved profitability with zero VC funding, and acquired customers through Meta.
Buildy exceeds USD 3 million cumulative revenue
On 2026/6/17, LinkedIn reported that US company Buildy had exceeded USD 3 million cumulative revenue, automating websites, e-commerce, marketing, CRM and customer service for individual entrepreneurs and small businesses.
CuspAI raises USD 450 million in Series B financing
On 2026-06-17, according to Xiniu Data, CuspAI completed Series B financing, raising USD 450 million. Investors were co-lead investor NEA, co-lead investor KPCB, participating investor Bezos Expeditions, participating investor Glade Brook Capital Partners, participating investor Lux Capital, participating investor AMD Ventures, participating investor Danmaxi, participating investor Prosus Ventures, other participating investors. The company is a UK developer of AI materials search engines.
Dex reaches USD 4 million annualized revenue, 82% gross margin
On 2026/6/17, LinkedIn reported that UK company Dex had reached USD 4 million annualized revenue and 82% gross margin, with customers including more than 60 leading technology companies. It targeted USD 20 million ARR and profitability by year-end.
Everlab raises AUD 65 million in Series A financing
On 2026-06-17, according to Xiniu Data, Everlab completed Series A financing, raising AUD 65 million. Investors were lead investor Airtree Ventures. The company is an AI preventive healthcare platform.
GojiberryAI reaches USD 3 million ARR
On 2026/6/17, X reported that US sales and marketing AI company GojiberryAI had reached USD 3 million ARR, with the founder publicly disclosing this milestone.
Humyn Labs exceeds USD 10 million in ARR in nine months
On 2026/6/17, LinkedIn reported that Humyn Labs, an Indian company providing real-world training data for frontier labs, exceeded USD 10 million in ARR nine months into incubation, with a year-end target above USD 30 million.
Kreditz exceeds EUR 6 million in ARR
On 2026/6/17, LinkedIn reported that Kreditz, a Swedish open banking credit and risk platform, exceeded EUR 6 million in ARR. It served more than 100 customers across multiple markets and had obtained a credit bureau license.
Limitless Lab raises USD 20 million in Series A funding
On 2026/6/17, Xiniu Data reported that Limitless Lab completed USD 20 million in Series A funding co-led by Dell Technologies Capital and Square Peg, with participation from Grove Ventures, Meron Capital, and Kinetica. The company develops a physical AI platform for Israeli manufacturing.
Lucius grows ARR 20 times in 6 months of commercialization
On 2026/6/17, LinkedIn reported that US company Lucius had grown ARR 20 times in 6 months of commercialization without disclosing an absolute figure. Its product helps growing businesses with invoicing, collections and revenue-to-cash reconciliation.
Mifeng Technology raises several hundred million CNY in angel funding
On 2026/6/17, Xiniu Data reported that Mifeng Technology completed angel funding worth several hundred million CNY, led by Guofang Ventures, with participation from Futeng Capital, Shanghai Electrical Science, Yuanqi Innovation, Junpu Intelligence, CDH VGC, and others. The company provides a one-stop physical AI data services platform.
Mureka reaches approximately USD 12 million annualized gross billings, becomes China’s first AI music business with positive gross profit
Kunlun Tech’s AI music product Mureka had approximately USD 12 million in annualized gross billings and USD 1 million in monthly gross billings as of 2025/11. It was China’s first team to publicly announce positive gross profit for an AI music business. Consumer membership cost CNY 88 per month, and enterprise API customers exceeded 8,000. In 2026/3, Mureka V8 topped Artificial Analysis’ vocal and instrumental charts.
Native reaches USD 1.6 million ARR 11 weeks after launch
On 2026/6/17, LinkedIn reported that Norway’s Native had reached USD 1.6 million ARR 11 weeks after launch and served 1,850 customers worldwide. Of new customers, 99% came from outside Norway.
Niantong Intelligence raises RMB 100 million in Series A financing
On 2026-06-17, according to Xiniu Data, Niantong Intelligence completed Series A financing, raising RMB 100 million. Investors were lead investor Shanghai Jiaochengchaoshengbo Technology Co., Ltd., participating investor Shanghai Dalinghaowanceyuanerhao Venture Capital Partnership (Limited Partnership), participating investor Lingangshuke Fund. The company is a developer of high-performance brain-computer interface technology.
Nijuzhen Technology raises USD 100 million in seed financing
On 2026-06-17, according to Xiniu Data, Nijuzhen Technology completed seed financing, raising USD 100 million. Investors were Jingwei Venture Capital, Wuyuan Capital, Guanghe Venture Capital, BAI Capital, Zhongding Capital, Mayi Group, Gaoling Venture Capital, Yanyuan Venture Capital and others. The company is a developer of core world model technology.
Premote exceeds EUR 3 million ARR
On 2026/6/17, LinkedIn reported that German global employee mobility and travel compliance platform Premote had exceeded EUR 3 million ARR after three years of operations. It uses AI to centralize data, automate compliance and improve team efficiency.
Probably raises USD 9 million in seed financing
On 2026-06-17, according to Xiniu Data, Probably completed seed financing, raising USD 9 million. Investors were a16z. The company is a provider of AI technology services.