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Published company news and developments, with original sources and dates.

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DateHeadlineCategoryAmountSource
Aug 31, 2026Yuanhuan Intelligence completes equity financingOn 2026-08-31, according to Xiniu Data, Yuanhuan Intelligence completed equity financing for an undisclosed amount. Investors were Shanghai Weilaiyongxianqiye Consulting Partnership (Limited Partnership), Tianjin Xinglianjianronghaihe Venture Capital Fund Partnership (Limited Partnership), Qingdao Junlixingzhan Venture Capital Partnership (Limited Partnership), Shanghai Yuanqiyicai Venture Capital Management Partnership (Limited Partnership), Shunwei Capital. The company is a developer of foundational AI theory systems.—Undisclosed—
Aug 31, 2026Z.ai reports CNY 954 million revenue in first-half 2026On 2026/8/31, an HKEXnews filing reported that Chinese large-model company Z.ai had generated CNY 954 million revenue in the first half of 2026, approximately USD 142.0 million, up 399.7% year over year.——www1.hkexnews.hk ↗
Aug 31, 2026Zhedieshijue completes seed financingOn 2026-8-31, according to Xiniu Data, Zhedieshijue completed seed financing, raising millions of USD. Investors were Aishi Technology.—Millions of US dollars—
Aug 30, 2026Guoxing Intelligence was acquired for RMB 265 millionOn 2026-8-30, according to Xiniu Data, Guoxing Intelligence was acquired for RMB 265 million. Investors were Hongtiangufen.—RMB 265M—
Aug 30, 2026Klar reportedly reaches EUR 500,000 in ARRScaling Europe founder Seb Johnson reported on LinkedIn that Swedish AI study tool Klar reached EUR 500,000 in ARR. It provides study tools such as practice questions, mock exams, and flashcards.——linkedin.com ↗
Aug 30, 2026MetaX reports CNY 1.324 billion revenue in the first half of 2026On 2026/8/30, IT Home reported that Chinese GPU company MetaX had generated CNY 1.324 billion in total operating revenue in the first half of 2026, approximately USD 197 million, growing 44.67% year over year. Net profit attributable to shareholders was CNY 612 million.——ithome.com ↗
Aug 30, 2026Shuzhikunpeng completes angel financingOn 2026-08-30, according to Xiniu Data, Shuzhikunpeng completed angel financing, raising tens of millions of RMB. Investors were Qizhen Venture Capital, Hangzhou Kechuang Group, Dayu Capital. The company is a developer of embodied AI robots control systems.—Tens of millions of RMB—
Aug 30, 2026Town reportedly near $1B valuation, planning Series BPer Hoodline on 2026-08-30, San Francisco Personal Agent startup Town is about to close a financing round at about $1B valuation, becoming the second personal-assistant unicorn within a week. Product Townie is a proactive digital agent that learns work patterns across users' existing apps and coordinates tasks. Caplight data shows the Series B closed on 2026-09-04.——hoodline.com ↗
Aug 30, 2026Yitaizhixin completes seed financingOn 2026-08-30, according to Xiniu Data, Yitaizhixin completed seed financing, raising tens of millions of RMB. Investors were Shanghai Tianshihui, Pudong Venture Capital, Gaoxin Capital, Guangchuan Investment. The company is a developer of AI AI agent full-stack technology.—Tens of millions of RMB—
Aug 30, 2026Zidong Taichu completes equity financingOn 2026-08-30, according to Xiniu Data, Zidong Taichu completed equity financing for an undisclosed amount. Investors were Shanghai Yingyichengshiguihuasheji Co., Ltd., Zhongjiaoyuanzhoujiaotong Technology Group Co., Ltd., Beijing Jinkehuisheng Venture Capital Partnership (Limited Partnership), Jinjiangxingfushishi Venture Capital Partnership (Limited Partnership), Shenzhen Anbotong Innovation Investment Co., Ltd., Zhenjiangfuxixinxing Industry Venture Capital Fund (Limited Partnership). The company is a developer of multimodal artificial general intelligence large models.—Undisclosed—
Aug 29, 2026Biren Technology reports CNY 1.236 billion revenue in the first half of 2026On 2026/8/29, IT Home reported that Chinese AI chip company Biren Technology had generated CNY 1.236 billion in revenue in the first half of 2026, approximately USD 183.9 million, growing 1997.6% year over year.——ithome.com ↗
Aug 29, 2026Bolunzhihui completes equity financingOn 2026-08-29, according to Xiniu Data, Bolunzhihui completed equity financing for an undisclosed amount. Investors were Tianjin Hongyezhijia Private Equity Investment Fund Partnership (Limited Partnership). The company is a provider of technical services for heterogeneous intelligent computing platforms and gradient Token factories.—Undisclosed—
Aug 29, 2026Xinque Technology completes seed financingOn 2026-08-29, according to Xiniu Data, Xinque Technology completed seed financing, raising tens of millions of RMB. The company is a developer of embodied robots.—Tens of millions of RMB—
Aug 29, 2026Xuanchuang Robotics completes Series A financingOn 2026-8-29, according to Xiniu Data, Xuanchuang Robotics completed Series A financing, raising tens of millions of RMB. Investors were Qianhaifangzhou, Guangyanggufen, Xihuke Venture Capital.—Tens of millions of RMB—
Aug 29, 2026Yaoxingdongli completes angel financingOn 2026-8-29, according to Xiniu Data, Yaoxingdongli completed angel financing, raising RMB 240 million. Investors were Dongfengziguan, Zhongjinbaoshijie (Shanghai) Venture Capital Partnership (Limited Partnership), Dipingxian Robotics, Yuanjing Capital, Chengpu Investment, Jiangsu Juhe Capital, Foshanlinghang and others.—RMB 240M—
Aug 28, 2026Aishang Intelligence completes equity financingOn 2026-08-28, according to Xiniu Data, Aishang Intelligence completed equity financing for an undisclosed amount. Investors were Wuhujingji Technology Kaifaquweida Venture Capital Co., Ltd., Anhui Mojiazhichuang Robotics Technology Co., Ltd., Shanghai Lingchu Intelligence Technology Co., Ltd.. The company is a developer of embodied intelligence algorithms.—Undisclosed—
Aug 28, 2026Cognition ARR hit $900M, tripling growth since start of the yearOn 2026/8/28, The Information reported that Cognition, a US AI programming company, reached USD 900 million in ARR, with twofold growth since the start of the year. The company continues growing rapidly.——theinformation.com ↗
Aug 28, 2026DeepSeek is closing a second external round of roughly 50 billion yuan ($7.4B)In late 2026/8, genztech reported that Chinese AI large-model company DeepSeek was nearing completion of its second external funding round, totaling approximately CNY 50 billion, or approximately USD 7.4 billion, at a pre-money valuation of approximately USD 74 billion.—~RMB 50Bgenztech.blog ↗
Aug 28, 2026Fravity AI was acquiredOn 2026-8-28, according to Xiniu Data, Fravity AI was acquired. Investors were Socure.—Undisclosed—
Aug 28, 2026Inspur Information reports CNY 84.379 billion in first-half 2026 revenueOn 2026/8/28, IT Home reported that China-based Inspur Information generated CNY 84.379 billion in revenue in the first half of 2026, approximately USD 12.5548 billion, up 5.22% year over year.——ithome.com ↗
Aug 28, 2026Jincheng Technology completes Series A financingOn 2026-08-28, according to Xiniu Data, Jincheng Technology completed Series A financing for an undisclosed amount. Investors were Shanghai Lingangqichuangshengke Private Investment Fund Partnership (Limited Partnership), Shanghai Aochuangxiandao Venture Capital Partnership (Limited Partnership). The company is a developer of industrial time-series control large models.—Undisclosed—
Aug 28, 2026Klar reaches USD 500 thousand ARROn 2026/8/28, X reported that Sweden’s Klar had reached USD 500 thousand ARR and disclosed a paid conversion rate above 80%. Its product serves small and medium-sized businesses in the Nordic region. Its paid conversion performance stood out.——x.com ↗
Aug 28, 2026Linghengshu completes equity financingOn 2026-08-28, according to Xiniu Data, Linghengshu completed equity financing for an undisclosed amount. Investors were Shanghai Qingmiao Artificial Intelligence Industry Venture Capital Partnership (Limited Partnership). The company is a provider of AI industry application services.—Undisclosed—
Aug 28, 2026Lingzhang Robotics completes angel financingOn 2026-8-28, according to Xiniu Data, Lingzhang Robotics completed angel financing, raising tens of millions of RMB. Investors were Kailonggaoke, Xi Venture Capital, Xinneng Venture Capital, Aobo Intelligence and others.—Tens of millions of RMB—

Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology