News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Qianzhenshuzi raises an undisclosed amount in equity financing
On 2026-06-17, according to Xiniu Data, Qianzhenshuzi completed equity financing for an undisclosed amount. Investors were Hangzhou Dianhun Venture Capital Co., Ltd.. The company is a developer of generative AI technology.
Qinggongkaiwu raises an undisclosed amount in equity financing
On 2026-06-17, according to Xiniu Data, Qinggongkaiwu completed equity financing for an undisclosed amount. Investors were Yangzhou Yunmei Investment Co., Ltd.. The company is a developer of robotic tactile perception products.
RankAI reaches USD 1 million ARR
On 2026/6/17, X reported that US Y Combinator S23 company RankAI had reached USD 1 million ARR, growing 30% in four months. Its AI agents help websites acquire leads through ChatGPT and Claude.
Reltix exceeds EUR 1 million ARR, raises EUR 3 million
On 2026/6/17, LinkedIn reported that German property AI operating system Reltix had exceeded EUR 1 million ARR a year after launch, managing more than 4000 units with more than 30 team members and raising EUR 3 million in pre-seed funding.
Reonic grows ARR from 1 million to USD 20 million within two years
On 2026/6/17, LinkedIn reported that Reonic, a German AI operating system for renewable energy installers, increased ARR from USD 1 million to USD 20 million within two years. It expanded from 1 market to 8, with its team growing from 20 to 130.
Ronghuijinxin raises an undisclosed amount in angel financing
On 2026-6-17, according to Xiniu Data, Ronghuijinxin completed angel financing, raising an undisclosed amount. Investors were Beijing Ronghuitongzhou Enterprise Management Partnership (Limited Partnership).
Rork reaches USD 2.1 million ARR, doubles in 30 days
On 2026/6/17, X reported that US software development platform Rork had reached USD 2.1 million ARR. Revenue generated by users doubled within 30 days, indicating rapid product adoption.
saas.group reaches USD 100 million in ARR
On 2026/6/17, LinkedIn reported that saas.group, a US SaaS acquisition and operations platform, reached USD 100 million in ARR nine years after founding, remaining independent and profitable while continuing to expand through acquisitions and organic growth.
Siliconflow raises RMB 740 million in Series B+ financing
On 2026-06-17, according to Xiniu Data, Siliconflow completed Series B+ financing, raising RMB 740 million. The company is a provider of AI infrastructure.
Suihonghuachuang completes strategic investment financing of RMB 500 million
On 2026-6-17, according to Xiniu Data, Suihonghuachuang completed strategic investment financing of RMB 500 million. Investors were Wuxi City Xinwuqukechanyuanzhi Investment Partnership (Limited Partnership). The company is a full-stack compute operations service provider.
Tasklet reaches USD 7 million ARR
On 2026/6/17, X reported that US company Tasklet had reached USD 7 million ARR, above USD 300 thousand revenue at the beginning of the year, becoming the highest-revenue company in Y Combinator’s P26 batch.
VEED exceeds USD 50 million ARR and 10 million users
On 2026/6/17, LinkedIn reported that UK video platform VEED had exceeded USD 50 million ARR and 10 million users. It reduced churn 40% through pricing optimization, user feedback and content channel expansion.
Xinshengshijie raises RMB 100 million in seed financing
On 2026-06-17, according to Xiniu Data, Xinshengshijie completed seed financing, raising RMB 100 million. Investors were lead investor Jingwei Venture Capital, participating investor Xinglian Capital, participating investor Yanyuan Venture Capital, participating investor Shuimu Venture Capital. The company is a developer of invasive brain-computer interfaces.
Z.AI reaches USD 1 billion in ARR
On 2026/6/17, Bloomberg reported that Z.AI disclosed annual recurring revenue (ARR) of USD 1 billion in the AI Core sector.
Zhangyu Power raises USD 50 million in equity financing
On 2026/6/17, Xiniu Data reported that Zhangyu Power completed USD 50 million in equity financing. Beijing Jinqiu Private Fund Management Co., Ltd., Shanghai Xinlian Qichen Private Investment Fund Partnership (Limited Partnership), and Gongqingcheng Zhengjiang Bacai Venture Investment Partnership (Limited Partnership) co-led the round, with participation from JAFCO Asia, Houxue Capital, Hong Kong Top Talent Venture Capital Fund, Panga Capital, Linear Capital, and others. The company develops world models for physical action.
Ageless reaches USD 3 million annualized revenue 60 days after launch
On 2026/6/16, LinkedIn reported that US company Ageless had reached USD 3 million in annualized revenue 60 days after launch and planned to reach USD 10 million ARR by year-end.
AvePoint reaches USD 390 million ARR, grows 26% year over year
On 2026/6/16, LinkedIn reported that US data security and governance company AvePoint had reached USD 390 million ARR, up 26% year over year. SaaS revenue grew 38% year over year, with more than 28 thousand customers.
Discovered reaches USD 1 million ARR after 7 months of bootstrapping
On 2026/6/16, LinkedIn reported that Discovered, a US search marketing agency for B2B SaaS, fintech and healthcare companies, had reached USD 1 million ARR after 7 months of bootstrapped operations.
Equal AI raises USD 30 million in Series B financing
On 2026-06-16, according to Xiniu Data, Equal AI completed Series B financing, raising USD 30 million. The company is an Indian AI telephone assistant developer.
Feixian Intelligence raises an undisclosed amount in equity financing
On 2026-06-16, according to Xiniu Data, Feixian Intelligence completed equity financing for an undisclosed amount. Investors were Foshanshengjieguquan Investment Partnership (Limited Partnership). The company is a provider of enterprise-grade large model intelligent infrastructure services.
Guoshijinhua raises an undisclosed amount in equity financing
On 2026-06-16, according to Xiniu Data, Guoshijinhua completed equity financing for an undisclosed amount. Investors were Hangzhou Kunfuguquan Investment Partnership (Limited Partnership). The company is a developer of visual world model technology.
Henghanwei Electronics raises RMB 100 million in angel financing
On 2026-06-16, according to Xiniu Data, Henghanwei Electronics completed angel financing, raising RMB 100 million. Investors were Chengdu Weilai Industry Tianshi Investment Fund Partnership (Limited Partnership), Chengdu Gaotou Venture Capital Co., Ltd., Guotai Venture Capital, Zhongxinjuxin and others. The company is a designer and developer of AI computing network interconnect chips.
HyreDay exceeds USD 2 million ARR
On 2026/6/16, LinkedIn reported that US remote marketing talent platform HyreDay had exceeded USD 2 million ARR, growing mainly through existing customer referrals without advertising spending.
iApartments exceeds USD 10 million ARR and becomes profitable
On 2026/6/16, LinkedIn reported that US smart apartment platform iApartments had exceeded USD 10 million ARR and become profitable, with 0% gross customer churn and deployments in tens of thousands of apartments.