News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Varda Space Industries raises $251M Series D
On 2026/9/30, according to genztech, US space pharmaceutical company Varda Space Industries raised USD251 million in Series D financing. Investors included Lux Capital and Natural Capital. The company manufactures drug crystals in orbit.
Enveda Biosciences raises USD 311 million in Series E financing
On 2026-09-24, according to Xiniu Data, Enveda Biosciences completed Series E financing, raising USD 311 million. Investors were lead investor Catalio Capital Management, Durable Capital Partners, ICONIQ, Lightspeed and others. The company is a developer of AI natural product drugs.
LifeMine Therapeutics Raises $188M Series E
On August 6, 2026, per Labiotech, natural product drug discovery company LifeMine Therapeutics raised $188M in a Series E. Industry coverage in September 2026 noted an additional ~$75M Series D during August; the two rounds should not be combined into a single figure. Details are subject to company announcements.
Natural raises USD 30 million in Series A financing
On 2026-07-20, according to Xiniu Data, Natural completed Series A financing, raising USD 30 million. Investors were Forerunner and others. The company is a U.S. developer of AI agent payment infrastructure.
Odyssey AI raises USD 310 million in Series B financing
On 2026-06-18, according to Xiniu Data, Odyssey AI completed Series B financing, raising USD 310 million. Investors were lead investor Natural Capital, participating investor Google Ventures, participating investor EQT Ventures, participating investor In-Q-Tel, participating investor AMD, participating investor Yamaxun. The company is a provider of U.S. AI video software.
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.
Supernatural Action Squad exceeds CNY 5 billion cumulative gross billings and 400 million AI imposter matches
According to Li Zhe at China Business on 2026/4/26, Giant Network game Supernatural Action Squad had exceeded CNY 5 billion cumulative gross billings, 200 million cumulative registered users and 400 million matches involving AI imposter gameplay by the end of the first quarter of 2026. These figures represent cumulative game gross billings and usage.
Cohere raises USD 600 million in Series E financing
On 2026-04-25, according to Xiniu Data, Cohere completed Series E financing, raising USD 600 million. Investors were Schwarz Group. The company is a Canadian natural language processing platform.
Unnatural Products raises USD 45 million in Series B financing
On 2026-03-16, according to Xiniu Data, Unnatural Products completed Series B financing, raising USD 45 million. Investors were Merck Global Health Innovation Fund, The Venture Collective, ARTIS Ventures.
Base44 reaches USD 100 million ARR
On 2026/3/5, X reported that natural language full-stack app development platform Base44 had reached USD 100 million in annual recurring revenue. It did not disclose its latest funding or valuation.
Replit jumps from USD 10 million ARR to USD 100 million ARR: inside its AI coding rocket ship
On 2025/6/23, SaaStr reported that browser-based coding environment Replit had exceeded USD 100 million in annual recurring revenue, growing 10 times from USD 10 million at the end of 2024 in under 6 months. Total funding exceeded USD 97 million at approximately USD 1.16 billion valuation. Growth benefited from Replit Agent’s launch, letting users build apps through natural language.
Gamma reaches USD 32.5 million ARR
On 2024/12/15, ARR Club reported that Singaporean AI presentation generation platform Gamma had disclosed USD 32.5 million in annual recurring revenue. It creates presentations and web pages quickly from natural language and expanded rapidly among knowledge workers.
Cal AI reaches USD 12 million ARR
On 2024/12/10, X reported that US AI scheduling app Cal AI had disclosed USD 12 million in annual recurring revenue. It automatically schedules meetings through natural language processing, with ARR growing rapidly from USD 1 million in 2023/9.
Lovable reaches USD 1 million in ARR
On 2024/12/7, ARR Club reported that Lovable, a Swedish AI application building platform, disclosed annual recurring revenue of USD 1 million, reaching the milestone in only 8 days. It lets users create complete applications using natural language.
StackBlitz achieves $4M ARR in 4 weeks with Claude AI web development platform
On 2024/8/14, Anthropic reported that US browser development platform StackBlitz integrated Claude AI into its Bolt product, achieving USD 4 million in annual recurring revenue within four weeks and reducing application development costs by approximately 99%. The platform lets users create complex applications through natural language.
Praktika raises $35.5M to use AI avatars to make learning languages feel more natural
On 2024/5/22, TechCrunch reported that Praktika, a US language learning application using AI avatars, completed USD 35 million in Series A funding led by Blossom Capital, bringing total funding to approximately USD 37.5 million. It had 1.2 million monthly active users in 100 countries and nearly USD 20 million in revenue over the past 12 months.
PDFAI at $600K ARR
On 2023/12/1, X reported that PDF.ai, a US AI tool for interacting with PDFs, disclosed annual recurring revenue of USD 600,000. It lets users converse with PDF files, ask questions, and obtain summaries in natural language, and accumulated more than 60,000 users within six months.