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Latest AI News

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Featured AI News

AI Funding Feed

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2026-09 · New round · USD 13M

Inbolt

Shift4Good led the round, with participation from Bridges Climate Transition Partners and existing investors BNP Paribas Développement and Ora Global. The funding will support expansion in the US and Asia-Pacific and entry into two new scenarios: data centers and electronics manufacturing. Original figures: the company's press release stated $12.5 million (European media reported €11 million).

2026-09 · New round · RMB 1B

Sudo Tech

The original figure was stated as "over RMB 1 billion," and this row uses the lower bound of RMB 1 billion. Shanghai Guotou Xiandao, Guotai Haitong, and Futeng Capital co-led the round, with participation from industrial and long-term capital including Daohe Longterm, Dongfeng Asset, China Development Bank Financial, Longma Peak, and Liangtu Zhice, while multiple existing shareholders such as Xiaomi continued to follow on. Proceeds will be used to continue advancing full-stack technology development and large-scale validation in real industrial scenarios.

2026-09 · Series B Round · RMB 100M

IAS

The original disclosure was "over RMB 100 million," and this row uses the lower bound of RMB 100 million. Co-invested by Shenzhen Capital Group, Yunhui Capital, and Cuiwei Fund, the proceeds will be used for R&D of a next-generation spectral analysis platform, production line expansion, and multi-industry scenario deployment and promotion.

2026-09 · Series B++ Round · USD 55M

Reco

Series B extension; total funding reached $140 million; the company said its valuation is more than double that of its February 2026 Series B, placing it at a "high hundreds of millions of dollars"; the funds will be used for hiring, sales, partnerships, and customer support.

2026-09 · Series C Round · USD 150M

SiMa.ai

Fidelity Management & Research and Amplify Partners co-led the round, with participation from Alter Venture Partners, Dell Technologies Capital, StepStone Group, Maverick Capital, Point72 Ventures, AllianceBernstein, Baron Capital, JPMorgan Chase, and the State of Michigan. The post-money valuation was $1.45 billion, bringing the company's total funding to over $500 million.

2026-09 · IPO

Direct Drive Technology

Listed on the HKEX Main Board (Chapter 18C specialist technology company) at HK$21.6 per share, offering 50 million H shares for gross proceeds of HK$1.08 billion (net approximately HK$983 million); closed at HK$23.20 (+7.41%) on debut, with a market cap of approximately HK$8.574 billion; the Hong Kong public offering was 208.56x subscribed and the international offering 2.72x; cornerstone investors include Hong Kong Sci-Tech Innovation and JSC International under Beijing Financial Holdings.

2026-09 · Angel++++ Round · RMB 300M

NOIN

Led by a JD-related fund, with participation from Loyal Valley Capital, Nanshan Zhanxintou, and Walden International; originally disclosed as "several hundred million RMB" (exact amount undisclosed; recorded here as RMB 300 million); just 49 days after the RMB 500 million Angel++ round announced on 2026-08-10; proceeds to expand training data, deepen robot body R&D, and prepare for KNOWIN-X1 mass production.

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Physix Picks

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Hands-on tests, real-world experience,
tutorials and product intel — aggregated