News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Clinically AI reaches USD 5 million ARR in two years, remains bootstrapped and profitable
On 2026/10/9, LinkedIn reported that clinical AI company Clinically AI had exceeded USD 5 million annualized revenue within two years of founding while remaining bootstrapped and profitable. It validated commercialization without outside funding, with revenue quality attracting market attention.
Pyth Network reaches USD 11.5 million annualized revenue, up 86% quarter over quarter
On 2026/10/9, LinkedIn reported that decentralized oracle network Pyth Network had reached USD 11.5 million in annualized revenue, growing 86% from the second quarter. Scale effects in its data infrastructure business were emerging, and revenue growth remained strong.
Xinghuo Chuanming raises Series A, develops commercial infrared remote sensing and onboard AI
On 2026/10/8, 36Kr reported that commercial infrared remote sensing company Xinghuo Chuanming had raised Series A funding of undisclosed size. Under company plans, funds would mainly support production line construction and mass production for high-resolution infrared payloads and satellite-ground laser communications ground stations, in-orbit networking, and iterations of onboard AI computing and algorithms.
Duolingo reports USD 298 million second-quarter revenue and 58.7 million DAU
Duolingo’s second-quarter 2026 revenue was USD 298 million, with 58.7 million DAU. AI roleplay drove paid conversion, while growth in month 2 mainly came from emerging markets including China.
Kunlun Tech’s AI short-drama business exceeds USD 700 million Q2 ARR, with more than USD 65 million gross billings in month 6
Kunlun Tech’s AI short-drama business exceeded USD 700 million ARR in the second quarter of 2026 and USD 65 million in gross billings in month 6. The overseas short-drama market was approximately USD 2.4 billion in the first half, with a full-year forecast of USD 7 billion, and the three-platform structure remained firmly established.
Mission Inbox ARR hit $2M with profitability
On 2026/10/1, LinkedIn reported that US company Mission Inbox reached USD 2 million in ARR and had become profitable. The company maintains profitable operations.
DCG completes late-stage financing
On 2026-09-30, according to Xiniu Data, DCG completed late-stage financing for an undisclosed amount. The company is a provider of comprehensive AIGC technology services for publishing. The company mainly operates in artificial intelligence.
Zenithon Raises USD 10M in Seed Round
On September 30, 2026, UK-based Zenithon raised USD 10 million in a Seed round with the lead investor undisclosed. The company builds world models for extreme physics domains such as rockets, fusion and chip manufacturing.
IPercept Raises USD 16.5M in Series A
On September 29, 2026, Sweden-based IPercept raised USD 16.5 million in a Series A co-led by Isogon Ventures and 2150. The company uses AI equipment health monitoring and predictive maintenance for CNC machines.
NeoDomain raises tens of millions of CNY angel funding
On 2026/9/28, 36Kr reported that Chinese AI application company NeoDomain had raised tens of millions of CNY in angel funding, with monthly revenue exceeding ten million CNY. Funds would support product iteration and team expansion.
Omi exceeds USD 5 million annualized revenue run rate
On 2026/9/26, Omi’s founder said on LinkedIn that the open-source AI wearable company had exceeded USD 5 million annualized revenue run rate. Previously relying mainly on organic growth, it had recently started testing paid acquisition. The original post did not separate hardware sales from subscription revenue.
Micro1 ARR hit $700M from $8M in just 1.5 years
On 2026/9/24, X reported that Micro1, a US AI recruitment company, grew ARR from USD 8 million to USD 700 million in 1.5 years. Demand remains strong.
The Bold Apps surpasses $10M ARR with profitable operations and no external funding
On 2026/9/24, LinkedIn reported that US company The Bold Apps surpassed USD 10 million in ARR, maintaining profitable operations without external funding.
Headout ARR hit $200M+ with global scaling and profitability
On 2026/9/23, LinkedIn reported that Headout, a US travel experience booking platform, exceeded USD 200 million in ARR, expanding globally while remaining profitable.
NeoDomain raises tens of millions of RMB in angel financing
On 2026-09-22, according to Xiniu Data, NeoDomain completed angel financing, raising tens of millions of RMB. Investors were Zhejiang Yingshi Industry International Hezuoshiyanquxixi Investment Management Co., Ltd.. The company is a developer of AI video creation tools.
Transwarp completes an IPO
On 2026-09-21, according to Xiniu Data, Transwarp completed an IPO, raising HKD 686 million. The company is a supplier of big data system software platforms. The company mainly operates in artificial intelligence.
Airscale ARR hit $2M with 1500+ customers bootstrapped
On 2026/9/17, LinkedIn reported that France's Airscale, operating on a bootstrapped basis, reached USD 2 million in ARR and more than 1500 customers. The company remains bootstrapped.
HeyReach bootstrapped to $17M+ ARR in 3 years
On 2026/9/17, LinkedIn reported that HeyReach, a US outreach automation platform, surpassed USD 17 million in ARR after three years of bootstrapped operations. The company remains bootstrapped.
InboxKit ARR hit $18M in just 16 months
On 2026/9/17, LinkedIn reported that US company InboxKit reached USD 18 million in ARR in just 16 months. The company is an email and inbox AI team.
Hidreamai launches its first video generation model HD-V1 and completes Series C+ funding
Hidreamai launched video generation model HD-V1 and announced completion of Series C+ funding from Xinwei Capital, Jiaozi Capital, and Gongyin Capital. The amount was undisclosed.
XLR8 AI surpasses $2M ARR with 20% MoM growth without VC money
On 2026/9/16, LinkedIn reported that US company XLR8 AI surpassed USD 2 million in ARR, with 20% month-over-month growth and no venture capital funding. The company remains bootstrapped.
Cornelis raises USD 205 million
On 2026/9/14, AI and high-performance computing networking company Cornelis Networks announced new products and disclosed USD 205 million in funding. The original announcement did not specify a round; this record retains a note that evidence for the round remains to be added.
Moxin Technology completes CNY 1 billion in equity financing
On 2026/9/11, Xiniu Data reported that Moxin Technology completed CNY 1 billion in equity financing. It develops consumer 3D printers. The company mainly operates in artificial intelligence.
Rivo reaches USD 8 million ARR, 100% of code generated by Devin, operates through bootstrapping
On 2026/9/10, X reported that US e-commerce email marketing platform Rivo had reached USD 8 million ARR, with 100% of code generated by Devin and bootstrapped operations.