News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Mosi Intelligence Raises RMB 2.3 Billion in Series C Round for Real-Time Multimodal Interaction AI
According to 36Kr, on October 12, 2026, Mosi Intelligence announced a RMB 2.3 billion Series C round led by Huakong Fund, with investors including Guokai Venture Capital, Shanghai Science and Technology Innovation Fund, Xinwei Capital, Xuhui Capital, Zhuiguang Hard Tech Venture Capital, Lingang Ceyuan Fund, and Duowei Capital as financial advisor. The funds will be used to advance R&D and deployment of full-modality real-time interactive AI.
Oula Wanxiang Raises Hundreds of Millions RMB in Angel+ Round for Home Service Robots
According to 36Kr, on October 12, 2026, home service robot startup Oula Wanxiang completed an Angel+ round of hundreds of millions of RMB with investors including Chengyuanxiang Fund, Xinneng Venture Capital and Hongyi Capital. Founded by Zhou Shunbo, formerly a Huawei prodigy and its first embodied-AI employee, the company unveiled UniWAM, a milestone of its Action-Native Foundation Model roadmap.
Embodied intelligence company PaXini files for IPO guidance, valuation exceeds ten billion
The China Securities Regulatory Commission’s website shows that PaXini AI Technology (Beijing) Co., Ltd. registered for IPO guidance with the Beijing securities regulator, with Guotai Haitong Securities as adviser. Tianyancha data shows it raised CNY 1 billion in Series B+ funding in month 8 of this year and several hundred million CNY in month 9, bringing total funding to more than CNY 4 billion. Previous investors included industrial investors BYD and JD Group, and its valuation exceeded ten billion.
Taiyi Liangsheng Closes New Round, Cumulative Funding Exceeds RMB 1 Billion
On October 10, 2026, per 36Kr, Taiyi Liangsheng, founded eight months ago, closed a new round with cumulative funding exceeding RMB 1 billion; new investors include Jinqiu Fund, Yunbai Capital, Hongruida Investment and others, with existing shareholders adding.
Dongsheng Aerospace completes its 3rd funding round this year, focuses on internet and computing satellite manufacturing
On 2026/10/9, 36Kr reported that Dongsheng Aerospace had completed its 3rd funding round of the year and 5 equity rounds since founding. New shareholders included Fuchuangtou, Shixi Capital, Honghui Capital, Jiahe Asset Management and Jingkai Capital. Founded in 2025/5, it develops complete internet and computing satellites and key onboard components.
mogenius grew platform ARR 200%+ in first 9 months of 2026
On 2026/10/9, LinkedIn reported that developer tools company mogenius increased its platform's annualized revenue by more than 200% in the first 9 months of 2026.
Oxide Raises $445M Series D at $6B Valuation
On October 9, 2026, per PR Newswire, on-premises cloud infrastructure company Oxide raised a $445M Series D led by Eclipse, with participation from USIT, Riot Ventures and Jane Street, joined by new investors including Atreides Management and AMD Ventures. The round values Oxide at $6B with roughly $835M total funding, to expand manufacturing and fulfill backlog.
Bite Huanjing completes several hundred million CNY in angel funding at a CNY 1.5 billion valuation, behind smart glasses brand NIMO
On 2026/10/8, 36Kr reported that Bite Huanjing, the company behind smart glasses brand NIMO, completed angel funding worth several hundred million CNY at a latest valuation of CNY 1.5 billion. Investors included Bohua Capital, Gobi Partners, Yuanhe Puhua, Shangshi Capital, and others. Funding will primarily support product development, channel expansion, and overseas market development.
Hai Robotics Series E stalls at valuation above USD 2 billion
36Kr Global reported that warehouse robotics unicorn Hai Robotics’ Series E at a valuation above USD 2 billion had stalled because new investor H Capital had not transferred funds. The round might become an internal round involving participating existing investors including Capital Today, FiveY Capital and Source Code Capital. Hai Robotics submitted its second Hong Kong Stock Exchange prospectus in 2026/9, with approximately CNY 10.9 billion post-money valuation after its Pre-IPO+ round.
Waymo completes its first debt financing with a USD 5 billion loan to accelerate global robotaxi expansion
On 2026/10/8, Venture Atlas and IT Home reported that Alphabet-owned autonomous driving company Waymo completed a USD 5 billion term loan, its first debt financing, with financing parties including Blackstone, PIMCO, Sixth Street, and others. Total funding in 2026 reached USD 21 billion, following USD 16 billion in equity funding in month 2 at a valuation of approximately USD 126 billion. The funds will support global robotaxi expansion, including Singapore, Europe, and Japan.
Weilan Shenhai completes 5 funding rounds in 9 months, advancing to an angel++++ round
On 2026/10/8, 36Kr reported that marine embodied AI company Weilan Shenhai completed 5 funding rounds in 9 months, advancing to an angel++++ round. Core shareholders included Shenzhen Capital Group, Oriza Seed, and other institutions. The funds primarily support underwater embodied AI model training, an underwater training center, and further robotics applications in offshore oil and gas.
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.
AI music company ACE raises nearly USD 40 million Pre-B, generates USD 2 million monthly revenue
On 2026/10/5, Guixingren Pro reported that AI music company ACE had raised nearly USD 40 million in Pre-B funding from a leading strategic investor, CCV, Shunwei Capital, Alphaist and others, with existing shareholders oversubscribing. It had 100 thousand paying users and USD 2 million monthly revenue. Grammy-winning producers including Hans Zimmer used its product to create music.
RobCo valuation exceeds USD 1 billion as new investment accompanies employee secondary sales
On 2026/10/5, Unite.AI reported that German humanoid robotics company RobCo surpassed a USD 1 billion valuation, becoming a unicorn. The transaction combined a new investment round with secondary sales of employee shares. Existing investors including Sequoia, Lightspeed, and Greenfield participated alongside new investors Cherry Ventures and European Tech Collective, with the valuation doubling within nine months.
Space computing startup Yiwei Aerospace raises more than CNY one hundred million across angel rounds
On 2026/10/4, Guixingren Pro reported that space computing startup Yiwei Aerospace had raised more than CNY one hundred million across a series of angel rounds. Investors included the Beijing Aerospace Fund, Haohan Depth, Century Golden Resources, Yichen Capital, Taizhonghe Investment, Zhongxin Zhidao Capital and Xingshu Kechuang. Founded in 2025/2, it focuses on high-performance space computing payloads and provides a foundation for space application services spanning operating systems, virtualization middleware and the AI infrastructure layer. It had completed four funding rounds since 2025/7.
Enso raises USD 15 million Series A to improve company visibility in AI-generated answers
According to Ynet, on 2026/10/3, Israeli AI marketing technology company Enso raised USD 15 million in Series A funding led by MoreTech Ventures, with NFX, Phenomen VC and Gil Hirsch participating. It develops AI agents that improve company visibility in AI-generated answers from ChatGPT and Perplexity and in evolving search platforms, with customers including Papaya Global and MyHeritage. Total funding reached USD 23 million. RapidAPI co-founder Mickey Haslavsky founded it in 2024.
Conway Research raises first round led by a16z
On 2026/10/2, Guixingren Pro reported that a16z had announced it was leading Conway Research’s first funding round, with the amount undisclosed. Participants included Khosla Ventures, Hummingbird and Anthology Fund, jointly established by Anthropic and Menlo Ventures. Individual investors included Naval Ravikant and Patrick Collison. Founded by Sigil Wen, its core product is AI assistant Underdog.
Flow Engineering raises USD 50 million Series B at USD 750 million valuation
According to Unite.AI, on 2026/9/30, agentic hardware development platform company Flow Engineering raised USD 50 million in Series B funding at a USD 750 million valuation, co-led by Valor Equity Partners founder Antonio Gracias and Atreides Management’s Gavin Baker, with Sequoia Capital and others participating. Founded by Pari Singh and headquartered in San Francisco, it uses agents to connect requirements, CAD, simulation and testing, with customers including Rivian adopting its platform.
OpenAI plans USD 30 billion funding round, targeting USD 1.4 trillion valuation
On 2026/9/30, Touzijie AI reported that OpenAI planned to launch a new USD 30 billion funding round targeting a USD 1.4 trillion valuation. A leading global AI research organization with products including ChatGPT, it will use the funds for model R&D and computing infrastructure.
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.
EliseAI raises USD 350 million at a USD 4 billion valuation
On 2026/9/29, genztech reported that EliseAI, a US residential leasing AI company, raised USD 350 million at a USD 4 billion valuation. Investors included Andreessen Horowitz, Bessemer, Ontario Teachers', Sapphire Ventures, and Navitas Capital.
General Intuition raises $220M at $6.2B valuation
According to GamesBeat, on 2026/9/29, General Intuition, a US AI infrastructure and foundation model startup, completed USD 220 million in new funding at a post-money valuation of USD 6.2 billion. Investors included Valor Equity Partners, Atreides Management, 776, Point72 Ventures, Khosla Ventures, and General Catalyst. Total funding exceeds USD 650 million. Funds will support GPU cluster purchases and the release of foundation models trained on gaming video.
Zhiran Medical Raises RMB 600M in Equity Investment
On September 22, 2026, Beijing-based Zhiran Medical, a next-generation flexible brain-computer interface platform developer, raised RMB 600 million from over ten investors including Shunxi Fund, Sequoia China, Junlian Capital, Shunwei Capital, Meituan Longzhu and CAS Star. It was founded by Dr. Song Qi.
Horizon Robotics subsidiary D-Robotics raises USD 400 million Series C
On 2026/9/17, D-Robotics, a robotics subsidiary of Horizon Robotics, announced USD 400 million in Series C funding led by Mirae Asset. Follow-on investors included Meituan’s strategic investment arm, government-backed platforms including Hefei Guotou and Nanshan Zhanxintou, and leading institutions including Cathay Capital, GF Xinde and GL Ventures. Since its Series A in 2025, D-Robotics had disclosed USD 770 million in cumulative funding.