News
Published company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗| Date | Headline | Category | Amount | Source |
|---|---|---|---|---|
| Dec 18, 2023 | Figma expects ARR above USD 600 million by year-end 2023On 2023/12/18, The Information reported that Figma expected ARR above USD 600 million by year-end; this was the expectation at that time. | — | — | theinformation.com ↗ |
| Dec 18, 2023 | Stability AI reaches USD 44 million ARROn 2023/12/18, ARR Club reported that UK open-source AI image company Stability AI had disclosed USD 44 million in annual recurring revenue. Known for its Stable Diffusion models, it grew rapidly from USD 2.1 million ARR at the end of 2022. | — | — | arr.club ↗ |
| Dec 17, 2023 | Digitwin Technologies raises tens of millions of RMB in Series A financingOn 2023-12-17, according to Xiniu Data, Digitwin Technologies completed Series A financing, raising tens of millions of RMB. | — | Tens of millions of RMB | — |
| Dec 14, 2023 | Muyanzhiyu completes strategic financingOn 2023-12-14, according to Xiniu Data, Muyanzhiyu completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Dec 13, 2023 | Jitjatjo raises USD 30 million in Series B financingOn 2023-12-13, according to Xiniu Data, Jitjatjo completed Series B financing, raising USD 30 million. | — | $30M | — |
| Dec 13, 2023 | Kong at $100M ARROn 2023/12/13, Kong reported that the US API management platform disclosed annual recurring revenue of USD 100 million. Spun out of Mashape in 2017, the company reached a milestone reflecting its enterprise market position in API gateways and service meshes. Only approximately 4% of companies in the industry progress from USD 100 million to USD 1 billion in ARR. | — | — | konghq.com ↗ |
| Dec 13, 2023 | Magma raises USD 5 million in seed financingOn 2023-12-13, according to Xiniu Data, Magma completed seed financing, raising USD 5 million. | — | $5M | — |
| Dec 13, 2023 | Midjourney reaches USD 200 million in ARROn 2023/12/13, ARR Club reported that Midjourney, a US AI image generation company, disclosed annual recurring revenue of USD 200 million. Using Discord as its main service channel, it reached this revenue scale without external investment while maintaining a lean team. | — | — | theinformation.com ↗ |
| Dec 12, 2023 | Armada raises USD 55 million in strategic financingOn 2023-12-12, according to Xiniu Data, Armada completed strategic financing, raising USD 55 million. | — | $55M | — |
| Dec 12, 2023 | Citrusx raises USD 4.5 million in seed financingOn 2023-12-12, according to Xiniu Data, Citrusx completed seed financing, raising USD 4.5 million. | — | $4.5M | — |
| Dec 12, 2023 | HelloBoss raises millions of USD in Pre-Series A financingOn 2023-12-12, according to Xiniu Data, HelloBoss completed Pre-Series A financing, raising millions of USD. | — | Millions of US dollars | — |
| Dec 12, 2023 | HiDream.ai completes strategic financingOn 2023-12-12, according to Xiniu Data, HiDream.ai completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Dec 12, 2023 | Jenni reaches USD 3 million in ARROn 2023/12/12, X reported that Jenni disclosed annual recurring revenue (ARR) of USD 3 million in the AI Productivity sector. | — | — | twitter.com ↗ |
| Dec 12, 2023 | Listed company proposes CNY 18 million WorkMagic investment through convertible loan and warrantsOn 2023/12/11, a listed company’s announcement disclosed a proposed CNY 18 million investment arrangement, using a convertible loan and warrants as an interim structure, subject to conditions including overseas investment approval and completion of a red-chip structure. No direct original evidence of closing had been obtained, so it is not described as completed Pre-A equity funding. | — | — | static.cninfo.com.cn ↗ |
| Dec 12, 2023 | Signum AI completes seed financingOn 2023-12-12, according to Xiniu Data, Signum AI completed seed financing, raising an undisclosed amount. | — | Undisclosed | — |
| Dec 11, 2023 | Liquid AI raises USD 37.5 million in seed financingOn 2023-12-11, according to Xiniu Data, Liquid AI completed seed financing, raising USD 37.5 million. | — | $37.5M | — |
| Dec 10, 2023 | Seats.aero reaches USD 1.5 million ARROn 2023/12/10, X reported that US airline miles subscription platform Seats.aero had disclosed USD 1.5 million in annual recurring revenue. Subscriptions help users find business- and first-class mileage redemption opportunities, gaining early adoption in travel technology. | — | — | x.com ↗ |
| Dec 8, 2023 | Rhythms raises USD 26 million in seed financingOn 2023-12-8, according to Xiniu Data, Rhythms completed seed financing, raising USD 26 million. | — | $26M | — |
| Dec 7, 2023 | Charma was acquired for an undisclosed amountOn 2023-12-7, according to Xiniu Data, Charma was acquired for an undisclosed amount. | — | Undisclosed | — |
| Dec 7, 2023 | Dyearn completes strategic financingOn 2023-12-7, according to Xiniu Data, Dyearn completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Dec 7, 2023 | Harriet raises EUR 1.4 million in seed financingOn 2023-12-7, according to Xiniu Data, Harriet completed seed financing, raising EUR 1.4 million. | — | €1.4M | — |
| Dec 7, 2023 | Metoak completes strategic financingOn 2023-12-7, according to Xiniu Data, Metoak completed strategic financing, raising an undisclosed amount. | — | Undisclosed | — |
| Dec 7, 2023 | Powerlaw raises RMB 80 million in Series B financingOn 2023-12-7, according to Xiniu Data, Powerlaw completed Series B financing, raising RMB 80 million. | — | RMB 80M | — |
| Dec 7, 2023 | VAST Data at $200 million ARROn 2023/12/7, X reported that VAST Data, a US AI data storage platform, disclosed annual recurring revenue of USD 200 million, annual growth of approximately 3.3 times, and a gross margin approaching 90%. Its platform unifies storage, databases, and containerized computing engines. Customers include Booking Holdings, the US Air Force, Verizon, Pixar, Zoom, and others. | — | — | twitter.com ↗ |
Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology