News
Published company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗| Date | Headline | Category | Amount | Source |
|---|---|---|---|---|
| Oct 7, 2026 | Duolingo reports USD 298 million second-quarter revenue and 58.7 million DAUDuolingo’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. | — | — | mp.weixin.qq.com ↗ |
| Oct 7, 2026 | ELSA Speak has approximately USD 47 million in annualized revenue and over 90 million total downloadsPronunciation scoring app ELSA Speak has more than 90 million downloads worldwide across 195 countries. Its public annual subscription price in 2026 was USD 159.99, with a course library exceeding 7,900 lessons. The model was explicitly trained for Asian accents, with Vietnam, Indonesia, and Thailand as core markets. | — | — | mp.weixin.qq.com ↗ |
| Oct 7, 2026 | Flai Hits 20x Revenue Growth and 50,000 Monthly AppointmentsOn October 7, 2026, per TechCrunch, US AI dealership software firm Flai grew revenue 20x, booking 50,000 appointments per month. | — | — | techcrunch.com ↗ |
| Oct 7, 2026 | Former Ramp engineers raise USD 20 million for Melius after abandoning their first productAccording to TechCrunch, Melius, founded by former Ramp engineers, raised USD 20 million in Series A funding on 10/7, led by CRV. It had scrapped its first product and pivoted to AI tools for generating advertising creative and marketing campaigns, reaching USD 1 million in annualized revenue. | — | $20M | techcrunch.com ↗ |
| Oct 7, 2026 | Gizmo raises USD 22 million in Series A funding, bringing total funding to about USD 26 millionAI learning platform Gizmo raised USD 22 million in Series A funding in 2026, led by Shine Capital with participation from Ada Ventures, NFX, and GSV, bringing total funding to approximately USD 26 million. Its user base grew from about 300,000 in 2023 to more than 13 million across over 120 countries, bringing the addictive design of consumer apps to revision and study. | — | $22M | mp.weixin.qq.com ↗ |
| Oct 7, 2026 | Gong hit $550M+ ARR growing 50% YoYOn 2026/10/7, ARR Club reported that U.S. AI sales intelligence company Gong had annualized revenue exceeding USD 550 million, up 50% year over year. | — | — | — |
| Oct 7, 2026 | Healthleap Raises $38M in Seed and Series AOn October 7, 2026, per TechCrunch, US healthcare AI firm Healthleap raised $38 million — an $8 million seed co-led by Sequoia Capital and First Round Capital plus a $30 million Series A led by Hummingbird Ventures — for AI-powered hospital patient risk flags. | — | $38M | techcrunch.com ↗ |
| Oct 7, 2026 | Judge ARR hit $18M with 2.5x growth over two yearsOn 2026/10/7, LinkedIn reported that Judge, a US developer tools company, reached USD 18 million in annualized revenue, with growth of 2.5 times over two years. | — | — | linkedin.com ↗ |
| Oct 7, 2026 | Mecka AI completed USD 60 million Series B financing to provide real demonstration data for robot trainingOn 2026-10-7, according to genztech, Robot data company Mecka AI completed USD Series B financing, led by Sequoia Capital, with participation from Nvidia, Microsoft, Qualcomm Ventures and Samsung. The company provides real human demonstration data for training robots, and the financing will expand the scale of data collection (12, 60000000). | — | $60M | genztech.blog ↗ |
| Oct 7, 2026 | Omi ARR hit $8M with 170k+ usersOn 2026/10/7, X reported that Omi, a US AI productivity device company, reached USD 8 million in annualized revenue and more than 170,000 users. | — | — | x.com ↗ |
| Oct 7, 2026 | Outbox Labs hit $50M ARR with its cold-outreach SaaS portfolioOn 2026/10/7, Instagram reported that Outbox Labs, a US venture studio, achieved USD 50 million in annualized revenue through its portfolio of cold outreach SaaS products. | — | — | instagram.com ↗ |
| Oct 7, 2026 | RB2B hit $10M ARR with 1 full-time employeeOn 2026/10/7, X reported that RB2B, a US AI sales and marketing company, reached USD 10 million in annualized revenue with only 1 full-time employee. | — | — | x.com ↗ |
| Oct 7, 2026 | Rivercell raises USD 25 million to build AI virtual cells and accelerate drug discoveryAccording to European Biotechnology, Rivercell raised USD 25 million on 10/7, led by HV Capital. It is building AI virtual cell models to digitalize key validation stages of drug discovery, aiming to shorten new drug development cycles and reduce early trial-and-error costs. | — | $25M | european-biotechnology.com ↗ |
| Oct 7, 2026 | Rivian announces availability of Volkswagen Group’s USD 1 billion ten-year loan financingOn 2026/10/7, Rivian Automotive announced that Volkswagen Group’s committed USD 1 billion, 10-year term loan facility under their existing joint venture agreement was available. The loan is non-recourse to Rivian. The joint venture was established in 2024/11, with the agreement’s total value up to USD 5.8 billion. | — | $1B | wap.stockstar.com ↗ |
| Oct 7, 2026 | Saber Hits £13M ARR Bootstrapped with No Sales TeamOn October 7, 2026, per Prolific North, Manchester-based AI auditor Saber hit £13 million ARR, bootstrapped with no sales team. | — | — | prolificnorth.co.uk ↗ |
| Oct 7, 2026 | ServiceNow to Acquire Armis for $7.75B at $340M+ ARROn October 7, 2026, per Briefly, ServiceNow agreed to acquire US cybersecurity firm Armis for $7.75 billion; Armis has $340 million+ ARR. | — | — | briefly.co ↗ |
| Oct 7, 2026 | Stuut raises USD 52.5 million in Series B funding to expand order-to-cash processes with AI agentsAccording to Unite.AI, Stuut raised USD 52.5 million in Series B funding on 10/7, led by Insight Partners. It brings AI agents to order-to-cash processes, helping businesses automate financial operations such as invoicing and collections to improve working capital efficiency. | — | $52.5M | unite.ai ↗ |
| Oct 7, 2026 | TRM ARR surpasses $100M, quadrupled in the past three yearsOn 2026/10/7, LinkedIn reported that TRM, a US AI cybersecurity company, surpassed USD 100 million in annualized revenue, with fourfold growth over the past three years. | — | — | lnkd.in ↗ |
| Oct 6, 2026 | Ampersand completed Series A financing, raising USD 15 millionOn 2026-10-6, according to genztech, Ampersand completed Series A financing, raising USD 15 million. | — | $15M | genztech.blog ↗ |
| Oct 6, 2026 | Avarra raises USD 17 million Series A, grows ARR more than 400% year over yearOn 2026/10/6, PR Newswire reported that AI sales enablement company Avarra had raised USD 17 million in Series A funding, with annualized revenue growing more than 400% year over year in the same period. It focuses on rapid AI enablement for GTM teams rather than merely automating repetitive work, with funds supporting product iteration and team expansion. | — | $17M | prnewswire.com ↗ |
| Oct 6, 2026 | Cleavr Raises €8M Seed to Scale AI Invoice CollectionOn October 6, 2026, per Tech.eu, French AI invoice-collection company Cleavr raised €8 million in a seed round led by Varsity, with Kima Ventures, Better Angle, Portfolio Ventures and others, six months after a €1 million pre-seed. | — | €8M | tech.eu ↗ |
| Oct 6, 2026 | DeepSeek second funding round nears CNY 80 billion, targeting a valuation of approximately CNY 500 billionOn 2026/10/6, Bloomberg reported, citing people familiar with the matter, that DeepSeek was close to securing at least CNY 80 billion, approximately USD 12 billion, in its latest funding round. This substantially exceeded the initial target of approximately CNY 50 billion, with the final total potentially approaching CNY 100 billion. The target valuation was approximately CNY 500 billion, about USD 74.6 billion. CATL and Tencent had made the largest funding commitments, and the process was nearing completion. This was DeepSeek's second external funding round, following CNY 51 billion raised in month 6 at a post-money valuation near CNY 400 billion. It was preparing for a STAR Market IPO in early 2027. | — | at least RMB 80B | tmtpost.com ↗ |
| Oct 6, 2026 | Finches Raises €2M Pre-Seed for AI Early Warnings in Agricultural ProcurementOn October 6, 2026, per EU-Startups, Bavaria-based Finches raised €2 million in a pre-seed led by High-Tech Gründerfonds with Vanagon Ventures as co-lead, joined by Bayern Kapital, to bring AI early warnings to agricultural procurement. | — | €2M | eu-startups.com ↗ |
| Oct 6, 2026 | Flai raises USD 27 million Series A, says it grew more than 20 times in the past yearOn 2026/10/6, Flai announced USD 27 million in Series A funding on its official website, led by Base10 Partners. It said its business had grown more than 20 times over the past year, scheduling more than 50 thousand appointments monthly. The article did not explicitly define growth as revenue or ARR, and supporting evidence from the CEO’s original interview was still needed for related metrics. | — | $27M | useflai.com ↗ |
Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology