Skip to content
NEWSROOM

News

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

Updated from source

Funding RSS ↗
Clear
DateHeadlineCategoryAmountSource
Aug 17, 2026Xiaoyin Technology completes equity financingOn 2026-08-17, according to Xiniu Data, Xiaoyin Technology 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 embodied robots and AI application services.—Undisclosed—
Aug 17, 2026Xijia Medical completes Pre-Series A financingOn 2026-08-17, according to Xiniu Data, Xijia Medical completed Pre-Series A financing, raising tens of millions of RMB. Investors were lead investor Guozhong (Shenzhen) Phase Three Zhongxiaoqiye Development Private Equity Investment Fund Partnership (Limited Partnership), participating investor Weilai Industry (Wuxi) Tianshi Fund Partnership (Limited Partnership), participating investor Qinzhi Capital, participating investor Huichuang Medical, participating investor Xingfu Capital. The company is a developer of AI technology for brain science.—Tens of millions of RMB—
Aug 17, 2026Xijian Technology completes equity financingOn 2026-08-17, according to Xiniu Data, Xijian Technology completed equity financing for an undisclosed amount. Investors were Nanjing Jingweichuangsanhao Investment Partnership (Limited Partnership), Yangzhou Jingkaihuayingxianjin Intelligent Manufacturing Investment Fund Partnership (Limited Partnership). The company is a developer of brain-inspired visual chips.—Undisclosed—
Aug 17, 2026Zhenli Technology completes equity financingOn 2026-08-17, according to Xiniu Data, Zhenli Technology completed equity financing for an undisclosed amount. Investors were Shuanshuzhi (Wenzhou) Guquan Investment Partnership (Limited Partnership), Hangzhou Xihuzijin Venture Capital Partnership (Limited Partnership). The company is a provider of AI solutions for the energy industry.—Undisclosed—
Aug 16, 2026EM2Ai is acquired for SGD 6.76 millionOn 2026-8-16, according to Xiniu Data, EM2Ai is acquired for SGD 6.76 million.—S$6.76M—
Aug 16, 2026The 5 Fastest-Growing Companies of the Week (August 16, 2026)On 2026/8/16, ARR Club's weekly report excerpted an earlier report that Kalshi's annualized transaction fee revenue exceeded USD 4 billion. This is a revenue run rate, rather than subscription ARR or realized full-year revenue. The weekly report did not list the original report link separately.——theinformation.com ↗
Aug 15, 2026Cursor officially acquired by SpaceX to leverage AI and advanced computing resourcesOn 2026/8/15, Cursor reported that the US AI programming tool was officially acquired by SpaceX to use its AI and advanced computing resources.——cursor.com ↗
Aug 15, 2026OpenAI exceeds USD 40 billion annualized revenue; enterprise revenue overtakes consumer revenue for the first timeOn 2026/8/15, IT Home reported that US company OpenAI had exceeded USD 40 billion in annualized revenue, with enterprise revenue overtaking consumer revenue for the first time. CFO Sarah Friar told shareholders that enterprise revenue in month 7 grew 32% month over month and consumer revenue grew 20%.——ithome.com ↗
Aug 15, 2026Phison reports TWD 67.888 billion consolidated revenue in second-quarter 2026, up 279.5% year over yearOn 2026/8/15, IT Home reported that Phison of Taiwan, China had generated TWD 67.888 billion consolidated revenue in the second quarter of 2026, approximately USD 2.110 billion, up 279.5% year over year. Chairman Pan Jiancheng said AI was driving long-term memory demand growth.——ithome.com ↗
Aug 15, 2026Qingcheng.ai completes Series A financingOn 2026-08-15, according to Xiniu Data, Qingcheng.ai completed Series A financing, raising hundreds of millions of RMB. Investors were co-lead investor China Dianxin Investment, co-lead investor Hanhui Capital, participating investor Z Fund, participating investor Shangtang Technology, participating investor Zhizhen Technology, participating investor Huashengtiancheng, participating investor Jianxinxintuo, participating investor Lingyang Investment, participating investor Fengyiyuanda Capital, other participating investors. The company is a developer of domestic intelligent computing power systems software.—Hundreds of millions of RMB—
Aug 15, 2026TERN Group reaches USD 20 million ARR, grows 8 times in the past yearOn 2026/8/15, LinkedIn reported that UK company TERN Group had reached USD 20 million ARR, growing 8 times over the past year and serving more than 2000 professionals. USD 100 million ARR was only a future target.——in.linkedin.com ↗
Aug 14, 2026AI animation and 3D content platform Laihua raises CNY 68 million Series D at approximately CNY 3.7 billion post-money valuationOn 2026/8/14, 36Kr reported that Laihua, under Qianhai Shouhui, had raised CNY 68 million in Series D funding from listed company New Oriental at a post-money valuation of approximately CNY 3.7 billion (approximately USD 514 million at 7.2).—RMB 68M36kr.com ↗
Aug 14, 2026Beitawuxian completes equity financingOn 2026-08-14, according to Xiniu Data, Beitawuxian completed equity financing for an undisclosed amount. Investors were Wuxi Bitesongling Artificial Intelligence Venture Capital Partnership (Limited Partnership), Shenzhen City Nanshanzhanxintouyihao Phase Three Private Equity Investment Fund Partnership (Limited Partnership), Yangzhou Helizhixiguquan Investment Partnership (Limited Partnership), Gaodakechuangyinling (Hubei) Private Fund Partnership (Limited Partnership) and others. The company is a developer of consumer embodied AI robots.—Undisclosed—
Aug 14, 2026Bending Spoons reports USD 704 million revenue in the second quarter of 2026, up 126% year over yearOn 2026/8/14, X reported that Italian consumer software operator Bending Spoons had generated USD 704 million in revenue in the second quarter of 2026, growing 126% year over year, with USD 240 million in operating profit.——x.com ↗
Aug 14, 2026Blacksmith Software completes Series B financingOn 2026-08-14, according to Xiniu Data, Blacksmith Software completed Series B financing, raising USD 45 million. Investors were Hongshan Capital Yindu, YC, Gugefengtou. The company is a U.S. AI code testing services provider.—$45M—
Aug 14, 2026Context Labs completes angel financingOn 2026-08-14, according to Xiniu Data, Context Labs completed angel financing for an undisclosed amount. Investors were Trafigura. The company is a U.S. provider of trusted data solutions.—Undisclosed—
Aug 14, 2026Fanjie Intelligence completes angel financingOn 2026-08-14, according to Xiniu Data, Fanjie Intelligence completed angel financing for an undisclosed amount. Investors were Anhui Guokekezhuan Venture Capital Fund Partnership (Limited Partnership). The company is a developer of AI software.—Undisclosed—
Aug 14, 2026Huoxingdenglu completes equity financingOn 2026-08-14, according to Xiniu Data, Huoxingdenglu completed equity financing for an undisclosed amount. Investors were Jiangchengchuangzhi (Wuhan) Venture Capital Fund Partnership (Limited Partnership). The company is a provider of general-purpose spatial computing foundations.—Undisclosed—
Aug 14, 2026Legora ARR hit $150M, growing 50% in one quarterOn 2026/8/14, FT reported that Legora, a Swedish legal AI company, reached USD 150 million in ARR, with 50% growth within one quarter. The company continues growing rapidly.——ft.com ↗
Aug 14, 2026Lenovo Group reports USD 26.943 billion revenue in its first fiscal quarter of 2026, up 43% year over yearOn 2026/8/14, IT Home reported that China’s Lenovo Group had generated USD 26.943 billion in revenue in its first fiscal quarter of 2026, growing 43% year over year. AI-related revenue was USD 8.5 billion, growing 60% year over year and accounting for 35% of total revenue.——ithome.com ↗
Aug 14, 2026Liangyuanxinchuang completes Pre-Series A financingOn 2026-08-14, according to Xiniu Data, Liangyuanxinchuang completed Pre-Series A financing, raising hundreds of millions of RMB. Investors were lead investor Guoke Investment, participating investor Zhaoshangju Venture Capital, participating investor Xianghe Capital, other participating investors. The company is a developer of embodied intelligence foundation models.—Hundreds of millions of RMB—
Aug 14, 2026Mindgard completes Series A financingOn 2026-08-14, according to Xiniu Data, Mindgard completed Series A financing, raising EUR 26 million. Investors were lead investor Album VC, participating investor Lakestar, participating investor IQ Capital, other participating investors. The company is a UK AI security testing platform.—€26M—
Aug 14, 2026Mosaihe Technology completes equity financingOn 2026-08-14, according to Xiniu Data, Mosaihe Technology completed equity financing for an undisclosed amount. Investors were Hangzhou Runmiao Fund Phase One Venture Capital Partnership (Limited Partnership). The company is a developer of industrial physical AI and energy AI agents.—Undisclosed—
Aug 14, 2026Overjoy exceeds USD 2 million ARROn 2026/8/14, LinkedIn reported that US company Overjoy had exceeded USD 2 million ARR. It serves home improvement and home consumer scenarios and continued expanding its customer base.——linkedin.com ↗

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