News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Litai Zhiyao Raises ~¥50M Seed to Build AI-Native Peptide Drug R&D
On October 10, 2026, per 36Kr, AI-native peptide drug discovery platform Litai Zhiyao completed a near-¥50M seed round co-invested by iFlytek Ventures, L2F Fund and an unnamed industrial investor, for pipeline R&D, compute and patents.
Shield AI Secures $400M in Funding for X-BAT Fighter
On October 10, 2026, per AIPressRoom, US defense AI company Shield AI secured $400 million in funding to advance its X-BAT AI-piloted VTOL fighter aircraft for military operations.
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.
Lizhi Medical completes Series A financing
On 2026-08-25, according to Xiniu Data, Lizhi Medical completed Series A financing for an undisclosed amount. Investors were Guangzhou Huananligongdaxue Technology Yuan Co., Ltd.. The company is a developer and manufacturer of brain-computer interface rehabilitation devices.
Cathedral Raises ~$160M at ~$1.4B Valuation for AI Cyber Defense
On July 22, 2026, per Reuters, AI military cyber offense and defense company Cathedral raised about $160M at a valuation of about $1.4B, backed by Andreessen Horowitz and Sequoia Capital. The company was founded by Gavin Kliger, Luke Farritor, Marko Elez and Jack Stein, who previously worked in DOGE and the US government technology system.
Ziranchangshu raises RMB 200 million in angel financing
On 2026-06-02, according to Xiniu Data, Ziranchangshu completed angel financing, raising RMB 200 million. Investors were lead investor Hualangufen, participating investor Hete Energy, participating investor Zhejiang Litao. The company is a provider of AI drug research and development decision services.
Litang i Renshi raises RMB 100 million in Series A financing
Brief not available.
Visually at $1M ARR
On 2024/1/8, Visually reached USD 1 million in ARR in less than a year. The more than USD 1 billion in customer revenue facilitated by its platform represents customer business volume, rather than Visually's own revenue.
Anduril reaches USD 420 million in ARR
On 2023/12/28, ARR Club reported that Anduril, a US defense technology company, disclosed annual recurring revenue of USD 420 million. Continued defense orders in autonomous systems and military AI drove ARR from USD 100 million in 2021 to its current scale.
Anduril reaches USD 235 million ARR
On 2022/12/1, ARR Club reported that US defense technology company Anduril had disclosed USD 235 million in annual recurring revenue. It continued to win defense contracts for autonomous systems and military AI, with ARR doubling from USD 100 million a year earlier.
Anduril reaches USD 100 million ARR
On 2021/7/5, ARR Club reported that US defense technology company Anduril had disclosed USD 100 million in annual recurring revenue. Focused on autonomous systems and military AI, it rapidly scaled revenue as defense procurement became more digital.