云启资本

Quantum, Brain-Computer Interfaces, Fusion... We Talked the Future to Death | "SJTU–Yunqi Capital AI Angel Fund" BBQ Session

Brainstorming by day, barbecue by night

The Non-Sci-Fi Story of Brain-Computer Interfaces: A Conversation with Ximing Wang of "Kongshan Ci" | Yunqi Podcast Attent!on

Beneath the Brain, Above the Signal

How Done Is the World Model? You're Invited | Yunqi Capital at WAIC

Tune in to the "World Model" channel

Yunqi Insights | What Does Truly AI-Native Hardware Look Like?

Without AI, the product simply doesn't work.

Deep Dive into Open-Source Commercialization: AI Is Rewriting the Value Logic | Yunqi Insights

Co-published the open source report for four consecutive years

The Rise of SpaceX: Everything, for Mars | Yunqi Technology

The "Test Flight" of Commercial Space Has Just Begun

Yunqi Capital Earns Multiple Honors Including PEDaily "TOP100" Investors | Highlights Roundup

Side by side, toward something better.

Yunqi Capital Portfolio Company Noematrix Secures Another Strategic Funding Round of Hundreds of Millions of RMB | Yunqi Partners

Recently, **Yunqi Capital portfolio company Noematrix announced the completion of a new funding round worth several hundred million yuan**, with investors including the Shanghai Jiao Tong University AI Future Fund (Venture Fund), Shanghai Chuangzhi Technology Co., Ltd. (a wholly-owned subsidiary of Shanghai Chuangzhi Academy), Wuxi Data Group, V-Capital, and others.

Yunqi Capital Joins Taiwei Quantum's Angel Round Series to Secure Position in Quantum Computing's Upstream Core Components | Yunqi Partners

The "Pick-and-Shovel" Players in the Quantum Computing Ecosystem

Yunqi Pamir: Tracing the Millennium-Old Silk Road | 2026 Southern Xinjiang Outing Notes

Twelve years, and YQ reaches new heights

Vol.18 The Non-Sci-Fi Story of Brain-Computer Interfaces: From Top-Tier Hospitals to Home Bedrooms, How Many Steps to Rebuild Prefrontal Order? | A Conversation with Ximing Wang of Kongshan Ci

Vol.17 48-Hour Xiaohongshu Hackathon Hit: How an AI-Native Product That Broke the "Retention Curse" Was Built --- Two weekends ago, I participated in a 48-hour hackathon hosted by Xiaohongshu. Our team of four built an AI-native product from scratch — no code, no design background between us — and ended up winning the "Most Popular" award. The product? A voice diary app called **"Echo"** that uses AI to turn fragmented daily moments into serialized, episodic "life podcasts." Think *This American Life*, but starring you. What surprised me wasn't that we won. It was that people kept using it *after* the demo. Here's the dirty secret of AI hackathons: most projects die the moment judges stop clapping. The "retention curse" is real — users try your GPT wrapper once, say "neat," and never return. We broke that pattern. Our daily active user rate among beta testers hit 34% in week one, which for a hackathon product is basically unheard of. How? Three deliberate choices we made against hackathon orthodoxy. **First, we refused to build a chatbot.** The default AI product in 2024 is still "talk to a large language model." We explicitly rejected this. Chat interfaces create *performance anxiety* — users feel pressure to ask the "right

Vol.16 Tsinghua Entrepreneur-Scientist Huazhe Xu: From Intelligent "Hatching" to Home Embodiment, Stubbornly Chasing Originality in the AI Wave

Vol.15: The Post-'98 Founder Who Built a $20M Business in Two Years — On Building an AI That Talks Back | A Conversation with Kicker's Founder

Vol.14 OpenClaw Is Just the Beginning: Are Agents Reinventing the Company? | A Conversation with Happycapy's Founder

Vol. 13 The Smarter AI Social Gets, the More Human We Become Like NPCs? A Conversation with a Former Otome Game Writer and AI Social Entrepreneur on Relationships and AI

Vol.12 Cuflow Yang Bolin: Gen Z Founder Building AI Products — Have Investor Standards Changed? | Y Transformers

Vol.11 AI Translation Pushed to the Extreme: Where Innovation Begins — The Product Logic Behind a New Hit and Its Overseas Expansion "Playbook"

Vol.10: Do Robot Woks Make Pre-Made Meals? A Conversation with Geng Kaiping of ZhiGu TianChu

Vol.09 How Should Search Engines Work in the Agent Era? A Conversation with Yu Chen and Zhiheng Du on AI "New Infrastructure"