云启资本

Neolix X SF Express: How "Sweet" Is Autonomous Delivery? | Yunqi Capital

Opening Up New Possibilities for Last-Mile Delivery

Yunqi Capital has repeatedly ranked among the Top 10 Best Early-Stage VC Firms in China in the ChinaVenture awards, among other honors | Yunqi News

A Long-Term Focus with Forward-Looking Planning

Yunqi Capital | Beyond the "Top Tier": The New Forces in Intelligent Driving Lighting Up the Beijing Auto Show

Yunqi Capital, Renxin Technology, and Juefei Technology Appear at Beijing Auto Show

AI Does the Labor, Humans Do the Creating | Happy May Day

Salute to the Workers

Yunqi Capital | Embarking on Embodied Intelligence: Angel-Round Portfolio Company Astribot Unveils Next-Generation AI Robot Astribot S1

AI Brain + Best-in-Class Operational Performance, Naturally Yours

AI-Powered Manufacturing, Steady at the Helm: How a "Trillion-Yuan City" Develops New Quality Productive Forces | Cloud Summit · Changzhou

Composing a New Chapter for Industrial Clusters, Catalyzing New Drivers of Development

Yunqi Capital | In Conversation with MiniMax's Junjie Yan: AGI Isn't a Weapon — It's a Product Ordinary People Use Every Day

MiniMax is already one of China's most highly valued large language model companies.

Yunqi Capital | Angel Portfolio Company MiniMax Releases Trillion-Parameter MoE Model, Closing In on World's Most Advanced LLMs

Betting on MoE models before the industry consensus caught up.

Yunqi Capital | Windrose Technology Accelerates Global Deployment of New Energy Heavy-Duty Trucks, Completes New Funding Round

Accelerating supply chain deployment and production capacity building in Europe and the US

10 Yunqi Capital Portfolio Companies Named to Hurun Global Unicorn Index 2024 | Yunqi Capital News

Partnering with industry leaders to shape the future of technology.

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"