云启资本

*Fortune* in Conversation with "Lightelligence": Why "Light" Is the Next Battleground in the AI Compute Race | Yunqi Partners

Breaking the Shackles of Electric Charge, Light Arrives from the Wilderness

Booster Robotics' Portfolio Company MiniMax Kicks Off A-Share IPO: ARR Doubled in Two Months as AI Leader Accelerates Evolution | Yunqi Partners

Advancing Toward an AI-Era Platform Company

"Independent Variable Robotics" Releases WALL-WM, the World's First "Event-Level" World Model: Teaching Robots to Ignore "Nonsense" | Yunqi Partners

Turning "Events" Into Units of Thought

Not Here to Disrupt the World Yet, Just Heading to the Office First: Keenon Unveils New Humanoid Robot "K-Zai" | Yunqi Partners

The Pragmatic Romance of Embodied AI

Starting at RMB 89,900, a High-Dexterity Robot Arrives: Astribot Unveils Next-Generation Robot T1 | Yunqi Capital

Moving Toward the Physical AI Era

Yunqi Capital Co-Leads Round in Feijiekesi: NVIDIA PhysX Co-Founder Rebuilds Foundational Physics AI Engine | Yunqi Portfolio

From the Ground-Up Engine, Looking at Physical AI Opportunities

Browse 3D Worlds Like Scrolling Short Videos — Manycore Tech Open-Sources Aholo Viewer | Yunqi Capital Portfolio --- Manycore Tech has open-sourced **Aholo Viewer**, a tool that lets users browse 3D content with the same swipe-based interaction model as short-video apps. The move marks the company's latest push to lower the barrier for immersive content consumption. Yunqi Capital, an early investor in Manycore Tech, counts the Hangzhou-based company among its portfolio. The firm has also backed AI unicorn MiniMax, among other bets.

Click a link and "step into" a 3D world.

Yunqi Portfolio | Early-Stage Project "Space Epoch" Raises 1 Billion RMB in Total Funding, Racing Toward Maiden Flight of Reusable Medium-Large Launch Vehicle

Accelerating the Build of "Space Android"

"Xiaosu Tech" Du Zhiheng: Search Is 10x Cheaper Than Reasoning, But 90% of People Don't Know | Yunqi Portfolio --- This is a headline/article title, so here's the full translation with context: **"Xiaosu Tech" Du Zhiheng: Search Is 10x Cheaper Than Reasoning, But 90% of People Don't Know | Yunqi Portfolio** Or if you need the body text translated as well, please provide it.

How to Spend Your Tokens Without Regret

Yunqi Capital Leads Beichen Aerospace's Angel Round: Building the "Nerves and Blood Vessels" for Spacecraft | Yunqi Portfolio

The Engineering Foundation Behind the Stars and the Sea

Vol.08 Creating Agents with Agents? A Chat with Yunqi Capital's Chen Yu and Creao AI's Kai Cheng on the New Agent Infra Ecosystem

Vol.07 LLMs on Wheels: How "Attuned" Could Cars Get in 2025?

Vol.06 2025 AI VC Roundtable: DeepSeek Goes Viral — Who Hit the Jackpot? Who Took the Hit?

Vol.05 Has AI "Woken Up" the Robots? A Look at the Many Applications and Bottlenecks of Embodied Intelligence

Vol.04 Yunqi Capital's Chen Yu: First to Bet on MiniMax, Behind the Scenes of LLM Investing | Crossover with *Zhang Xiaojun Jùn | Business Talk*

Vol.03 In Conversation with Wiz.AI's Jianfeng Lu: After Taking AI Overseas, We Discovered Southeast Asia Isn't One Market — It's N Markets!

Vol.02 Conversations with People Making Money from Open Source: AGI Is Coming — Is It Too Late to "Outward-Compete"?

Vol. 01 Decoding Room-Temperature Superconductor LK-99: Real or Fake, Replication Controversies, and Is Energy Freedom Here?