📡 Entrepreneurship & Investment Brief | August 07
RecodeX reshapes the news. Today, the financing market is active. Large-scale funding is frequently seen in sectors including AI infrastructure, robotics, healthcare, and enterprise services. In the primary market, Hadrian completed a $1.37B Series D round, Firmus secured a $2.0B strategic investment, and Lumilens completed a C round of over $0.7B, showing capital’s strong favor toward AI compute power and automated manufacturing. The IPO and M&A markets are also lively: A X (or Y?) Technology received strategic investments including DeepSeek and is moving forward with an IPO; Nielsen acquired DoubleVerify; AMD acquired Taalas; Yum China acquired the China business of Pizza Hut. Investor preferences are concentrated in hard-tech tracks such as AI, robotics, semiconductors, and medical technology.
🚀 Primary-market Financing
1. Hadrian completed a $1.37B Series D round, valuing the company at $7.87B. The round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, and others. The funding will be used to expand an automated factory network and increase production of key components for U.S. defense, aerospace, and industrial systems.
2. Firmus completed a $2.0B strategic equity financing round. Investors include NVIDIA, Coatue, funds under Blackstone, and Jane Street. The funding will be used to accelerate the construction of AI factories in Australia and expand into the Asia-Pacific market.
3. Lumilens completed a C round of over $0.7B, valuing the company at $5.51B. The round was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, and Spark Capital. The funding will be used for R&D of optical networking products, supporting high-speed data transmission for AI data centers.
4. Whatnot completed a $545M G round, valuing the company at $20B. The round was led by Iconiq, Lightspeed, and Avra. The funding will be used to accelerate expansion of AI-related business.
5. Yanzheng (or Yuanzheng) Therapeutics completed a $115M Series B round, led by General Atlantic, with participation from RA Capital, Vivo Capital, and others. The funding will be used to advance clinical development of the lead program MR-L45 for treating autosomal dominant polycystic kidney disease.
6. groundcover completed a $100M Series C round, led by One Peak, with participation from Morgan Stanley Expansion Capital and existing investors. The funding will be used to build an observability platform for the AI era.
7. Aerospace Yuxing completed a series of Series D, D+, and D++ financings totaling nearly RMB 2 billion (about $280M+). Investors include Sequoia China, Qianhai Ark (or Qianhai Fangzhou), China Unicom’s 战新 (strategic emerging industries) fund, and others. The funding will be used for building a global satellite ground-station network and expanding on-orbit service capabilities.
8. NavVis completed an $85M Series D round, led by The Jordan Company, with participation from existing investors such as Yttrium. The funding will be used to expand its spatial data platform and accelerate AI product development.
9. Omilia completed a $67M Series B round, led by Expedition Growth Capital. The funding will be used to accelerate the international expansion of its self-learning intelligent customer service platform.
10. Sino KaoGe (or CASOG) completed an A3 round of over RMB 200M (about $27–30M), led by Zhongke Chuangxing, with follow-on participation from Lenovo Venture (Legend Capital) and Muyuan Group, among others. The funding will be used for clinical trials of xenotransplantation products and expansion of donor pig production capacity.
11. Heluo Xintu (or River Network New Map) completed a RMB 150M Pre-A round, with investments from Yifeng Capital and Minjin Investment, while former shareholders Shunwei Capital made a follow-on investment. The funding will be used for clinical translation and industrialization of iPSC-derived artificial blood.
12. 7AI completed a $130M Series A round, led by Index Ventures. The funding will be used to expand its enterprise-grade AI security agent platform.
13. Acrab completed a $130M Series B round, supported by Vertex Ventures. The funding will be used to drive commercialization of its AI agent platform.
14. Mironid completed a $46M Series B round. The funding will be used to advance clinical development of the oral small-molecule drug MR-L45 for treating autosomal dominant polycystic kidney disease.
15. WindBorne Systems completed a $37M Series B round. The funding will be used to expand its weather intelligence business.
16. Naïve completed a $28.5M Series A round, led by Nexus Venture Partners, with participation from Y Combinator and others. The funding will be used to build AI agent infrastructure and a unified API.
17. HealthSnap completed a $25M financing round, led by Eastward Capital Partners. The funding will be used to expand an AI-driven virtual care platform.
18. Qureight completed a $20M Series B round, led by Molten Ventures. The funding will be used for the development of clinical trial imaging and precision endpoint platforms.
19. DeepX completed the first closing of its Series D financing, totaling 42 billion KRW, with valuation rising to 3.14 trillion KRW. The funding will be used for R&D of AI inference chips.
20. X Mile completed a $21.4M Series C round, led by Vertex Growth. The funding will be used for vertical AI development and an M&A strategy.
21. Mitti Labs completed a $9.5M Series A round. The funding will be used to advance R&D and promotion of water-saving rice cultivation technologies
…
RecodeX reshapes the news. Today, the financing market is active. Large-scale funding is frequently seen in sectors including AI infrastructure, robotics, healthcare, and enterprise services. In the primary market, Hadrian completed a $1.37B Series D round, Firmus secured a $2.0B strategic investment, and Lumilens completed a C round of over $0.7B, showing capital’s strong favor toward AI compute power and automated manufacturing. The IPO and M&A markets are also lively: A X (or Y?) Technology received strategic investments including DeepSeek and is moving forward with an IPO; Nielsen acquired DoubleVerify; AMD acquired Taalas; Yum China acquired the China business of Pizza Hut. Investor preferences are concentrated in hard-tech tracks such as AI, robotics, semiconductors, and medical technology.
🚀 Primary-market Financing
1. Hadrian completed a $1.37B Series D round, valuing the company at $7.87B. The round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, and others. The funding will be used to expand an automated factory network and increase production of key components for U.S. defense, aerospace, and industrial systems.
2. Firmus completed a $2.0B strategic equity financing round. Investors include NVIDIA, Coatue, funds under Blackstone, and Jane Street. The funding will be used to accelerate the construction of AI factories in Australia and expand into the Asia-Pacific market.
3. Lumilens completed a C round of over $0.7B, valuing the company at $5.51B. The round was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, and Spark Capital. The funding will be used for R&D of optical networking products, supporting high-speed data transmission for AI data centers.
4. Whatnot completed a $545M G round, valuing the company at $20B. The round was led by Iconiq, Lightspeed, and Avra. The funding will be used to accelerate expansion of AI-related business.
5. Yanzheng (or Yuanzheng) Therapeutics completed a $115M Series B round, led by General Atlantic, with participation from RA Capital, Vivo Capital, and others. The funding will be used to advance clinical development of the lead program MR-L45 for treating autosomal dominant polycystic kidney disease.
6. groundcover completed a $100M Series C round, led by One Peak, with participation from Morgan Stanley Expansion Capital and existing investors. The funding will be used to build an observability platform for the AI era.
7. Aerospace Yuxing completed a series of Series D, D+, and D++ financings totaling nearly RMB 2 billion (about $280M+). Investors include Sequoia China, Qianhai Ark (or Qianhai Fangzhou), China Unicom’s 战新 (strategic emerging industries) fund, and others. The funding will be used for building a global satellite ground-station network and expanding on-orbit service capabilities.
8. NavVis completed an $85M Series D round, led by The Jordan Company, with participation from existing investors such as Yttrium. The funding will be used to expand its spatial data platform and accelerate AI product development.
9. Omilia completed a $67M Series B round, led by Expedition Growth Capital. The funding will be used to accelerate the international expansion of its self-learning intelligent customer service platform.
10. Sino KaoGe (or CASOG) completed an A3 round of over RMB 200M (about $27–30M), led by Zhongke Chuangxing, with follow-on participation from Lenovo Venture (Legend Capital) and Muyuan Group, among others. The funding will be used for clinical trials of xenotransplantation products and expansion of donor pig production capacity.
11. Heluo Xintu (or River Network New Map) completed a RMB 150M Pre-A round, with investments from Yifeng Capital and Minjin Investment, while former shareholders Shunwei Capital made a follow-on investment. The funding will be used for clinical translation and industrialization of iPSC-derived artificial blood.
12. 7AI completed a $130M Series A round, led by Index Ventures. The funding will be used to expand its enterprise-grade AI security agent platform.
13. Acrab completed a $130M Series B round, supported by Vertex Ventures. The funding will be used to drive commercialization of its AI agent platform.
14. Mironid completed a $46M Series B round. The funding will be used to advance clinical development of the oral small-molecule drug MR-L45 for treating autosomal dominant polycystic kidney disease.
15. WindBorne Systems completed a $37M Series B round. The funding will be used to expand its weather intelligence business.
16. Naïve completed a $28.5M Series A round, led by Nexus Venture Partners, with participation from Y Combinator and others. The funding will be used to build AI agent infrastructure and a unified API.
17. HealthSnap completed a $25M financing round, led by Eastward Capital Partners. The funding will be used to expand an AI-driven virtual care platform.
18. Qureight completed a $20M Series B round, led by Molten Ventures. The funding will be used for the development of clinical trial imaging and precision endpoint platforms.
19. DeepX completed the first closing of its Series D financing, totaling 42 billion KRW, with valuation rising to 3.14 trillion KRW. The funding will be used for R&D of AI inference chips.
20. X Mile completed a $21.4M Series C round, led by Vertex Growth. The funding will be used for vertical AI development and an M&A strategy.
21. Mitti Labs completed a $9.5M Series A round. The funding will be used to advance R&D and promotion of water-saving rice cultivation technologies
…