Yunqi Capital | Portfolio Company Yitu Technology Secures New Strategic Funding Round After Angel Round, With Yunqi Capital Increasing Its Stake

Today (January 29), Yitu Technology, a Yunqi Capital angel-round lead investment, announced the completion of its Series A (first close) strategic financing, with Yunqi Capital participating in this round as well. This round was led by Volcano Engine and Ruicheng Fund, with Hefei Baohe District Venture Capital Fund joining as a co-investor. In addition to Yunqi Capital, existing shareholders including Yijun Capital and Cornerstone Capital also continued to increase their stakes. This edition of "Yunqi Capital" brings you the details.

Chen Yu

Managing Partner, Yunqi Capital

We've long believed that intelligent cockpits will become the core entry point for large models in vehicles. Yitu has achieved the critical breakthrough from conceptual leadership to market position, and its full-stack product system and efficient execution capability are the key reasons we're investing again.

The following is excerpted from "Yitu Technology"

This diverse coalition of capital represents not only recognition of Yitu Technology's scarce value in the AI + automotive track, its AI Native technical strength, and its business model, but also strong endorsement of its strategy to "drive comprehensive AI-ification and embodiment of automobiles through AI cockpits." "AI-defined vehicles" has evolved from industry consensus into an irreversible industrial wave, fundamentally reconstructing the underlying logic and value boundaries of automobiles. As AI technology permeates the entire value chain of automotive R&D, production, and usage, it propels vehicles from mere transportation tools toward embodied intelligent agents that "can perceive, think, and act." The intelligent cockpit, as the central hub for human-vehicle interaction, serves as both the "neural center" of this evolution and the critical entry point for embodied intelligence, becoming the core battleground where automakers build differentiated competitiveness.

With this round of financing, Yitu Technology will focus precisely on the main thread of "AI-empowered automobiles": increasing investment in AI-native technology innovation and product iteration, evolving its XinJie AIOS full-stack system, deepening synergy of its "1+3" core architecture, and building a leading new paradigm for in-vehicle edge-cloud large models; accelerating strategic project expansion and delivery, building an AI senior talent pipeline, and solidifying its commercial foundation; simultaneously advancing its "AI + hardware" layout, fortifying core competitiveness across technology, product, ecosystem, and talent dimensions.

Wu Xiaohang, Founder and CEO of Yitu Technology, stated: "We thank Volcano Engine and all our investors for their support. Standing at the inflection point where automotive intelligence evolves toward embodied intelligence, Yitu remains committed to its original vision of 'reconstructing intelligent spaces through full-stack AI technology,' firmly believing that the next stop for automobiles is 'AI-defined ontology' — making vehicles intelligent companions that perceive and understand users. This round of financing will accelerate our empowerment. We will deepen core technologies, work hand-in-hand with industry chain partners, transform large model innovations into ultimate experiences, create sustained value for customers, define the next-generation human-vehicle interaction standard, and become steadfast explorers and core leaders of the automotive intelligence revolution.