financing

Early this morning, US-based AI video startup Luma AI made an announcement that it has completed $900 million (roughly Rs. 6.397 billion) in Series C funding. According to sources, Luma AI's valuation has reached about $4 billion (about Rs 28.432 billion). This round of financing...

According to a Jan. 17 report by the Financial Times, AI voice startup ElevenLabs is in talks for a new round of financing, with its latest valuation expected to reach $11 billion (roughly Rs. 76.6 billion), nearly double the last valuation. If the deal is reached, ElevenLabs will...

Last night, U.S.-based AI music creation platform Suno announced the completion of a $250 million (roughly Rs. 1.777 billion) round of C financing, valuing the company at $2.45 billion (roughly Rs. 17.415 billion), up from a $500 million (roughly Rs. 3.554 billion) valuation in May last year,...

On August 3, 2026, QiuZhi Technology—which had been in operation for just over three years—once again found itself in the spotlight of the embodied intelligence industry. The robotics startup, which emerged from the Tsinghua University Institute of Intelligent Industry, announced the completion of a $100 million Angel+ round of financing. IDG Capital, StarLink Capital, Wuyuefeng Sci-Tech, and Dachen Capital...

On November 3, Hippocratic AI, a U.S.-based generative AI medical unicorn, announced the completion of a $126 million (roughly Rs. 897 million) round of C financing, with participation from CapitalG, an independent growth fund under Google parent company Alphabet. This round of financing also makes...

In the summer of 2026, the edge AI sector welcomed a unicorn company valued at over 20 billion yuan. On July 15, Beijing Mianbi Intelligence Technology Co., Ltd. completed a new Round C+ financing round, with investors ranging from national-level funds, state-owned enterprises, and automakers to other diverse industry players and financial investors. In just 20...

Yesterday, US AI super unicorn Anthropic is in the midst of a funding round totaling more than $25 billion (roughly Rs. 174.21 billion), according to a report by the Financial Times. The round is expected to boost its valuation to about $350 billion (roughly Rs. 243.8...

Today, U.S. robotics startup Skild AI announced the completion of about $1.4 billion (about 9.76 billion yuan) in Series C financing, with the valuation rising to more than $14 billion (about 97.63 billion yuan), reaching three times what it was seven months ago. The round was led by SoftBank, with NVIDIA...

On December 4, U.S.-based AI legal technology company Harvey announced it had raised $160 million (approximately RMB 1.131 billion) in Series F funding, achieving a valuation of $8 billion (approximately RMB 56.573 billion). This funding round comes just five months after its previous financing, during which the company...

On December 8, Unconventional AI, an AI computing power company established just two months prior, announced the completion of a $475 million (approximately RMB 3.356 billion) seed round financing, achieving a valuation of $4.5 billion (approximately RMB 31.8 billion). This funding was led by...

Swedish AI programming startup Lovable recently closed a new funding round, with its valuation soaring to $6.6 billion (approximately RMB 46.5 billion). This represents a more than threefold increase from its previous valuation of $1.8 billion (approximately RMB 13 billion) after the last funding round, making it one of Europe's most valuable startups. The company specializes in short...

Just now, Shenzhen-based robotics chip company Groundnut Robotics announced that it has taken $150 million (roughly Rs. 1.024 billion) in new Series B2 funding from a retail tech and supply chain giant, DDT, Prosperity7 Venture Capital Fund, Gao Tiles Venture Capital, Temasek's Vertex Grow...

On June 23, 2026, Hyper3D, a 3D generative AI company, announced the completion of a new round of financing worth several hundred million yuan, jointly led by Cathay Capital and Shanghai SDIC Pioneer. Existing investors, including Sequoia China, Meituan Dragon Ball, ByteDance, and BlueRun Ventures, continued to participate in the round. LightSource Capital served as the exclusive...

Robot Outlook January 12 news, today, Shenzhen robotics startup Variable Robotics announced that it has recently completed a 1 billion yuan A++ round of financing. This round of financing by Byte Jump, Sequoia China, Beijing Information Industry Development Fund, Shenzhen Venture Capital, Nanshan Battle New Investment, Tin Venture Capital and other top investment organizations and diversified local...

This morning, OpenAI announced the completion of its latest round of financing, raising $122 billion (about RMB 8416.78 billion), with a post-investment valuation of $852 billion (about RMB 5,877.948 billion), making it the world's largest-ever single private equity financing...

According to sources, Step Star will complete nearly 2.5 billion U.S. dollars (about 17 billion yuan) financing, and has dismantled the red chip structure, accelerated preparations for the IPO in Hong Kong, or will become the Chi Spectrum, MiniMax in addition to the other domestic large model companies listed in Hong Kong. To be completed, this round of financing will be over...

According to a report by Forbes today, Swedish AI programming startup Lovable is in talks for a new round of funding, targeting a valuation as high as $12 billion—nearly double its $6.6 billion valuation from last December. This means that the company, which was founded just three years ago, is growing at a pace that would leave even Silicon Valley breathless...

Astribot, a rope-driven AI robot company known as "China's version of Figure", announced today that it has completed a series of Series B financing. Three rounds of financing were completed in three months, totaling more than 1 billion RMB, and the company's valuation exceeded the 10 billion RMB mark in one fell swoop, formally ranking among China's...

On May 6, Kimi's parent company Dark Side of the Moon is about to close a new $2 billion round of financing, with a post-investment valuation topping $20 billion, according to LatePost. The round was led by Meituan Dragon Pearl (which contributed over $200 million), with participation from China Mobile and CPE (CITIC Industrial Fund). ...

The first wave of generative AI primarily took place in the fields of text, images, code, and video. While it has transformed knowledge production and digital content creation, it has not yet fully addressed the underlying constraints of physical industries such as semiconductors, energy, chemicals, and automotive. CuspAI aims to tackle precisely the most challenging aspects of these industries...