News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Weimozhixue raises RMB 12 million in equity financing
On 2026-05-19, according to Xiniu Data, Weimozhixue completed equity financing, raising RMB 12 million. The company is a provider of AI software and big data services.
Wutonggankong raises an undisclosed amount in Series A+ financing
On 2026-5-19, according to Xiniu Data, Wutonggankong completed Series A+ financing, raising an undisclosed amount. Investors were Huafuchengchang Investment.
Elephant raises EUR 5 million in equity financing
On 2026-5-18, according to Xiniu Data, Elephant completed equity financing, raising EUR 5 million. Investors were EnBW New Ventures, Wepa, Flix, home24 SE and others.
Heqingyuandong raises an undisclosed amount in equity financing
On 2026-5-18, according to Xiniu Data, Heqingyuandong completed equity financing, raising an undisclosed amount. Investors were Zhuhai Yuanhaoqiyuan Venture Capital Partnership (Limited Partnership).
LawX reaches EUR 1 million in ARR and raises EUR 7.5 million
On 2026/5/18, LinkedIn reported that LawX, a German legal workflow AI platform, reached EUR 1 million in ARR and raised EUR 7.5 million while rapidly launching its product.
Lüdongjiepai raises RMB 10 million in equity financing
On 2026-5-18, according to Xiniu Data, Lüdongjiepai completed equity financing, raising RMB 10 million. Investors were Tiankonggongchang Venture Capital Fund.
Naosi Technology raises USD 10 million in angel financing
On 2026-5-18, according to Xiniu Data, Naosi Technology completed angel financing, raising USD 10 million. Investors were Kangjun Capital, Lanchi Venture Capital, Fujian Capital.
Optura completes Series A financing of USD 17.5 million
On 2026-5-18, according to Xiniu Data, Optura completed Series A financing of USD 17.5 million. Investors were Echo Health Ventures, Susa Capital, Matrix Partners, and HC9 Ventures and others. The company is an US enterprise healthcare AI platform provider.
Qiannao Technology raises tens of millions of RMB in seed financing
On 2026-05-18, according to Xiniu Data, Qiannao Technology completed seed financing, raising tens of millions of RMB. The company is a developer of non-invasive brain-computer interface medical technology.
Wujinfangzhou raises tens of millions of RMB in seed financing
On 2026-05-18, according to Xiniu Data, Wujinfangzhou completed seed financing, raising tens of millions of RMB. Investors were lead investor Monolith, participating investor Boyu Capital, participating investor Jiuhe Venture Capital, participating investor Weilaiguangzhui. The company is a developer of AI-powered anti-aging drugs.
Soundverse reaches USD 1 million in ARR
On 2026/5/17, LinkedIn reported that Soundverse, a US generative AI music platform, reached USD 1 million in ARR. It generates customized royalty-free music for creators.
Yijiezhichuang raises an undisclosed amount in equity financing
On 2026-05-17, according to Xiniu Data, Yijiezhichuang completed equity financing for an undisclosed amount. Investors were Yangguangdianyuan Co., Ltd., Shanghai Xinlianqichen Private Investment Fund Partnership (Limited Partnership), Ningbo City Integrated Circuits Industry Fund Management Co., Ltd.. The company is a developer of intelligent robots.
Langdock reaches USD 30 million ARR
On 2026/5/16, LinkedIn reported that German enterprise AI platform Langdock had reached USD 30 million ARR, well above USD 4 million a year earlier, and added more than USD 5 million ARR in 2026/4 alone.
weights.gg is acquired
On 2026-5-16, according to Xiniu Data, weights.gg was acquired for an undisclosed amount. Investors were OpenAI.
Zhongke Data completes Series A funding with an undisclosed amount
On 2026/5/16, Xiniu Data reported that Zhongke Data completed Series A funding for an undisclosed amount. Investors included Beijing Zhongke Guoshi Research Center, Zhongke Digital Group, and others. The company provides AI and big data services.
Anthropic raises USD 30 billion in late-stage financing
On 2026-05-15, according to Xiniu Data, Anthropic completed late-stage financing, raising USD 30 billion. Investors were co-lead investor Dragoneer, co-lead investor Greenoaks, co-lead investor Hongshan Capital, co-lead investor Altimeter Capital. The company is a developer of U.S. AI systems.
Armeta reaches USD 1.2 million in ARR three months after launch
On 2026/5/15, LinkedIn reported that Armeta, a US AI data platform for industrial engineering drawings, reached USD 1.2 million in ARR just three months after launch. The milestone was announced at Alchemist Accelerator's demo day.
Atech raises USD 800,000 in seed financing
On 2026-5-15, according to Xiniu Data, Atech completed seed financing, raising USD 800,000. Investors were Lovable, a16z Scout Fund, Sequoia Scout Fund, Nordic Makers.
Boyinhechuang raises RMB 300 million in Pre-Series A financing
On 2026-5-15, according to Xiniu Data, Boyinhechuang completed Pre-Series A financing, raising RMB 300 million. Investors were Yuanhechenkun, Boyuan Capital, Boshi Venture Capital, Yuanhe Holdings and others.
Saile completes seed financing of USD 2.2 million
On 2026-5-15, according to Xiniu Data, Saile completed seed financing of USD 2.2 million. Investors were lead investor Matchstick Ventures and participating investor Headwater Ventures. The company is a US healthcare talent recruitment and credentialing platform.
VIDA completes an IPO
On 2026-05-15, according to Xiniu Data, VIDA completed an IPO. The company is a provider of solutions for U.S. AI voice automation.
Wave Connect reaches USD 1.5 million ARR
On 2026/5/15, LinkedIn reported that Canadian digital business card and contact management platform Wave Connect had grown ARR from USD 250 thousand to USD 1.5 million, without venture capital or paid advertising throughout its development.
10x Lab reaches USD 2 million annualized revenue
On 2026/5/14, X reported that AI-native mobile app development platform 10x Lab, founded by Blake Anderson, had reached USD 2 million annualized revenue. It helps users create and publish iOS apps through natural language. It did not disclose funding or valuation.
AIAI Holdings completes an IPO
On 2026-5-14, according to Xiniu Data, AIAI completed an IPO, raising an undisclosed amount.