Articles

Yunqi Capital wishes you a healthy and peaceful Dragon Boat Festival.

云启资本·

2025: Has Embodied Intelligence Reached Its "ChatGPT Moment"? | FreeS Research

The "Triangular Game" of Embodied Intelligence: Success Rate, Generality, and Cost

峰瑞资本·

MiniMax Open-Sources Its First Unified Visual RL Framework, Launches Orsta Model Series | Yunqi Capital

Recently, **Yunqi Capital portfolio company MiniMax**, a leading domestic model startup, officially open-sourced its first unified framework for visual-task reinforcement learning (RL) — **V-Triune** — and simultaneously released the new **Orsta model series (7B–32B)** trained on this framework, which demonstrated significant performance gains on the MEGA-Bench Core benchmark.

云启资本·

Yunqi Capital x Tsinghua University E.E. | Exploring Embodied Intelligence in the Greater Bay Area

➤➤ On May 25, 2025, **"Tsinghua EEA · Industry Connect Afternoon Tea #012 — Exploring Embodied Intelligence in the Greater Bay Area"**, co-organized by Yunqi Capital, successfully concluded in Shenzhen. The event was hosted by the Tsinghua University Alumni Association Electronic Engineering Department Branch, the International Center for Advanced Technology Application Promotion (Shenzhen), and the Shenzhen Tsinghua University Alumni Association Electronic Engineering Department Branch. **Over 40 Tsinghua EEA alumni** deeply involved in embodied intelligence gathered in Shenzhen.

云启资本·

On National Science and Technology Workers' Day, Tezign Featured in People's Daily Front-Page News | Linear Portfolio

Unlocking AI's "Right Brain" Potential

线性资本·

Greener Pastures, First Flickers of Ambition | Z News

The light and shadow grow richer; a story is brewing.

真格基金·

Let's Talk "Truth" in AI-to-Consumer Products: Why Did Duolingo Take Off? How Are Gen Z Building AI Hardware? | What's Next Event Recap

On May 25, the **"What's Next: Finding Next-Gen AI Entrepreneurs"** event series — AI2C session, co-hosted by **Yunqi Capital**, the Shanghai Jiao Tong University Industrial Technology Research Institute (ITRI), and DataWhale, was successfully held in Shanghai. **More than 30 entrepreneurs actively seeking GenAI innovation opportunities** joined **Yunqi Capital investors** with deep expertise in AI venture capital and the **SJTU ITRI team**, an AI-native incubator,

云启资本·

Xi Cao of Monolith Named to Forbes 2025 Midas List

First-time appearance on the list thanks to early-stage investments in Kuaishou and Unitree

Monolith砺思资本·

5Y News | D-Robotics Closes $100 Million Series A to Accelerate Embodied AI Ecosystem Buildout

Accelerating the intelligent evolution of robots.

五源资本·

Conversation with YouWare's Ming Chaoping: They're Skeptical That AI Coding Is a New Form of Creation — and I'm Thrilled | Z Talk

The promising AI product founder chose a path few others dared to take.

真格基金·