Jieyue Xingchen Eyes $500M HK IPO
Reports claim AI LLM firm Jieyue Xingchen is eyeing Hong Kong IPO to raise ~$500M, with talks on equity sales underway. Listing timeline uncertain, possibly H1 or H2 2026; company has not responded.
36氪 · 208d ago
Mega-rounds, seed checks and everything between — follow the money flowing into AI startups.
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Reports claim AI LLM firm Jieyue Xingchen is eyeing Hong Kong IPO to raise ~$500M, with talks on equity sales underway. Listing timeline uncertain, possibly H1 or H2 2026; company has not responded.
36氪 · 208d ago

Zhong Shanshan pledges 400B RMB over 10 years for Qian Tang University, focusing on AI/digital economy and tech transfer. Part of trend: tycoons like Cao Dewang (Fuyao Tech U), Yu Renrong (Oriental Poly) fund specialized research unis for chips/manufacturing.
虎嗅 · 209d ago

Zetrix AI Bhd, a publicly traded Malaysian digital infrastructure provider, raised about $40 million from the World Bank’s investment arm. The company is preparing to list its artificial intelligence unit on Nasdaq by year-end.
Bloomberg Technology · 209d ago
Hangzhou XinChuan Electronics secured nearly 100M RMB pre-IPO funding from Hangzhou Chengtou, Lenovo Investment, and others to expand MLCC nickel powder, PV copper powder, and catalyst production. Their ultra-fine soft magnetic powders are adopted by top AI chip vendors, with performance growth driven by AI demand.
36氪 · 209d ago
Harbin Yisheng New Materials raised tens of millions in Series A from Huawei Hubble and Zhongguancun Development Group. Funds target production expansion and next-gen thermal materials R&D for high-power chips.
36氪 · 209d ago

Sophia Space has closed a $10 million seed financing round. The funding aims to accelerate development of orbital computing systems.
GeekWire · 210d ago

AI-for-accounting startup Basis achieves unicorn status with a new funding round. The valuation surge comes amid AI advances disrupting financial services markets.
Bloomberg Technology · 210d ago

Munich startup VoiceLine raised €10M Series A for voice AI platform targeting frontline enterprise teams. Led by Alstin Capital and Peak.
The Next Web (TNW) · 210d ago

Amazon announced a $12 billion data center project in Louisiana. The company pledges to fully fund its energy, water, and other infrastructure needs.
GeekWire · 211d ago

General Catalyst has committed $5 billion to India over the next five years. This pledge represents a sharp jump from the firm's earlier $500 million–$1 billion earmark for the region.
TechCrunch AI · 214d ago

Kana, a new AI startup founded by leaders from Rapt and Krux, has emerged from stealth with $15 million in funding. The company is developing customizable, agent-based tools to empower marketers with flexible AI solutions.
TechCrunch AI · 216d ago

Mesh, founded by SpaceX veterans, secured $50M in Series A funding. The startup focuses on mass-producing optical transceivers tailored for AI data centers.
TechCrunch AI · 217d ago
Insta360 announced plans to issue up to 2 billion RMB in tech innovation bonds. The proposal requires shareholder approval and regulatory clearance from the Shanghai Stock Exchange and the CSRC.
36氪 · 63d ago

GitHub announced that its community has contributed $100 million to open source maintainers through its platform. This milestone highlights the growing impact of financial support for the individuals sustaining the global software ecosystem.
GitHub Blog · 64d ago

The Office of Management and Budget has proposed a rule that would grant political appointees unprecedented oversight of federal science grants. This shift could significantly impact the autonomy of researchers working on critical space and scientific projects.
The Verge · 67d ago
A new 1 billion RMB industrial fund, the Hunan Kunlun Guochuang Jinfurong Advanced Materials Fund, has been established. Managed by Zhongyou Kunlun and Zhuzhou State-owned Investment, it focuses on equity investment in the advanced materials sector.
36氪 · 68d ago

Body-scanning startup Neko Health, founded by Daniel Ek, has secured $700 million in funding. The company is expanding to New York with high-profile backing from investors like Mark Zuckerberg.
The Next Web (TNW) · 69d ago

Fintech startup Flex secured $70 million in a Series B1 round led by Ryan Smith’s Halo fund. The capital will support the global expansion of its AI-driven private banking platform.
The Next Web (TNW) · 70d ago
NNB Nutrition, a supplier of dietary supplement ingredients, raised nearly 200 million RMB to expand R&D and manufacturing. The company utilizes a multi-technology approach including synthetic biology, chemical synthesis, and plant extraction to serve global brands.
36氪 · 71d ago

After 26 years of self-funding, Jeff Bezos is opening Blue Origin to outside capital. The company is seeking $10 billion at a $130 billion valuation to scale its aerospace operations.
The Next Web (TNW) · 75d ago
Employees at self-driving startup Wayve Technologies sold shares on the London Stock Exchange’s Pisces private market at a 10% discount. This transaction provides liquidity for staff while signaling current valuation adjustments.
Bloomberg Technology · 75d ago
StarNewEnergy has completed its third round of financing, raising nearly 500 million RMB. The company is now officially moving toward its Pre-IPO phase.
36氪 · 76d ago

The Senegalese government has launched a $50 million fund aimed at supporting local innovative startups. This initiative signals a strategic push to bolster the country's technological ecosystem.
TechCabal · 77d ago

German drone manufacturer Quantum Systems reached a top speed of 699km/h with its Apex Recordhunter electric flight demonstrator. The company recently secured $1.2 billion in Series D funding to support its growth.
IT之家 · 78d ago

The Beijing Science and Technology Innovation Fund has announced a 280 million RMB investment into six companies specializing in hard-tech sectors. This move aims to bolster the local ecosystem for advanced technological development.
钛媒体 · 79d ago

Google Play has announced a $1 million fund to support 10 African game studios. This initiative aims to address the capital gap in a regional gaming market valued at $2.29 billion.
TechCabal · 81d ago

Novo Holdings is investing in an Italian fund to support drug startups, expanding its life sciences footprint beyond Denmark. This move continues the firm's strategy of investing in international deep-tech and biotech hubs.
The Next Web (TNW) · 82d ago
ICBC Capital and Chengdu Jiaozi Industry Fund have established a new 2 billion RMB equity investment fund in Chengdu. The fund focuses on private equity, investment management, and asset management for future-oriented industries.
36氪 · 84d ago
OpenAI is reportedly planning to postpone its initial public offering until at least 2027. This decision reflects the company's current focus on internal development and long-term scaling rather than immediate public market entry.
Bloomberg Technology · 89d ago

London-based venture firm Seedcamp has raised $320 million to continue its strategy of providing early-stage capital to high-potential startups. The firm has a strong track record of backing successful companies like Revolut and UiPath.
The Next Web (TNW) · 92d ago