News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Reports say Moonshot AI starts pre-IPO funding at USD 50 billion valuation
On 2026/8/5, IT Home reported that China’s Moonshot AI, behind Kimi, had reportedly started Series G pre-IPO funding at a USD 50 billion valuation, requiring participants to pay by 8/15. The round amount was undisclosed.
Ant’s Lingbo starts first funding round, seeks approximately USD 222 million
On 2026/8/3, IT Home reported that Ant Group’s embodied intelligence company Lingbo Technology had started its first funding round, seeking CNY 1.5 billion, approximately USD 222 million, with a target to complete a second round by year-end.
Onyx Security Raises $113M Series B at ~$640M Valuation
On July 29, 2026, per Onyx Security, AI and ML system security company Onyx Security raised $113M in a Series B led by Bessemer with Cyberstarts and TCV; third-party databases report a valuation of about $640M. The company was founded by Maxim Bar Kogan and others, who now serves as CEO.
Glow Emerges from Stealth with $180M Raised at $1.2B Valuation
On July 22, 2026, per Glow, AI-native endpoint security company Glow emerged from stealth with $180M in cumulative funding at a $1.2B valuation, backed by Sequoia, Cyberstarts, Greenoaks and Redpoint. The company was co-founded by Roi Tiger, Omer Singer and Ophir Arie, with backgrounds at Meta, Snowflake and Claroty.
HeyGen reaches USD 200 million in ARR
On 2026/6/26, Upstarts Media reported that HeyGen disclosed annual recurring revenue (ARR) of USD 200 million in the AI Video & Image sector.
HeyGen doubles ARR to USD 200 million within 8 months
On 2026/6/25, Upstarts Media reported that US AI video platform HeyGen had doubled ARR to USD 200 million within 8 months, with its product reaching 85% of Fortune 100 companies.
Remote reaches USD 300 million ARR and positive cash flow
On 2026/5/15, Upstarts Media reported that US global employment and payroll platform Remote had reached USD 300 million ARR and positive cash flow, marking a transition to scaled operations for the cross-border HR technology company.
Handshake’s AI business reaches USD 100 million annual revenue in 8 months; pre-pivot valuation USD 3.5 billion, around 100 layoffs before AI focus; full-year total revenue expected to double to USD 300 million
On 2025/10/15, Upstarts Media reported that US early-career recruitment platform Handshake had reached USD 100 million ARR just 8 months after pivoting into AI, with a pre-pivot Series F valuation of USD 3.5 billion. It had recently laid off around 100 people to focus on AI and expected full-year total revenue to double to USD 300 million.
Gamma exceeds USD 50 million ARR and is profitable
On 2025/4/29, Upstarts Media reported after directly interviewing Gamma’s CEO that it had recently exceeded USD 50 million ARR, with hundreds of thousands of paying customers and sustained profitability since early 2024. Its USD 12 million Series A took place in 2024, not alongside this revenue milestone. The report put total funding at approximately USD 23 million.