五源资本

五源资本

@5ycapital

512 articles

Articles

Models, Tokens, and Organizations in the Post-Scaling Law Era | 5Y Quarterly

Models, Tokens, and Organizations in the Post-Scaling Law Era | 5Y Quarterly

In three months, two portfolio companies listed on the Hong Kong Stock Exchange, while several others closed new funding rounds. We turned our ongoing observations on AI into a series of articles — from the token arms race, to assets built atop models, to the battleground of world models.

5Y News | Archon Robotics Closes Nine-Figure RMB Seed Round

5Y News | Archon Robotics Closes Nine-Figure RMB Seed Round

Recently, Archon Robotics, a general-purpose full-body embodied intelligence company, completed a seed funding round of several hundred million RMB. Investors in this round include leading dollar-denominated funds such as ZhenFund, Gaorong Ventures, IDG Capital, and 5Y Capital, as well as the Gobi Partners–The University of Hong Kong joint fund, MiraclePlus, and Shanghai Innovation School. Lighthouse Capital served as the exclusive financial advisor.