BlueRun Ventures Leads Exclusive Investment in CAX Industrial Software Firm Shuyu Technology's Pre-Series A Round of Tens of Millions of RMB | BlueRun Ventures
Breaking the monopoly of international vendors and achieving independent control over core technologies.
Recently, Shuyu Technology ("数禺科技"), a CAX industrial software company, has raised tens of millions of RMB in a Pre-A funding round, with BlueRun Ventures as the sole investor. The proceeds will be used for product R&D and market expansion.
Jianping Shi, Investment Partner at BlueRun Ventures, said: "For a long time, the dominant paradigm in industrial design has been the waterfall-style sequential approach, which results in long design cycles and inefficiencies in both structural design and simulation. Shuyu Technology's pioneering CAD/CAE collaborative design cloud platform for injection mold tooling — built on an integrated data-and-AI product architecture — significantly improves design and simulation efficiency while enhancing the usability of product design software. The company's AI-based, next-generation, fully autonomous geometric constraint solver fills a critical gap in China's core industrial design software components. The founder and core team have deep expertise in both the underlying technologies of industrial design software and AI. BlueRun Ventures is bullish on the trend toward next-generation integrated CAX platforms, and we believe the Shuyu team can have a profoundly positive and far-reaching impact on the industry."
Shuyu Technology officially began operations in July 2020. Founder and CEO Lifeng Wang holds a Ph.D. from the State Key Lab of CAD&CG at Zhejiang University. He was among the first principal researchers at Microsoft Research Asia and is a recognized expert in CAD/CAE and computer graphics, with over 20 years of R&D experience in CAD/CAE/graphics and 20 related U.S. patents. He previously founded Autodesk's Digital Media division and led the development of industry-leading CAD/CAE solvers and system engines, graphics engines, simulation platforms, and cloud computing platforms. The team also includes former scientists and software engineers from Autodesk and other major international industrial software companies.
After building up its industrial solver capabilities, the company pivoted fully to the industrial software sector. It has since completed development of ModeSoul, an intelligent cloud platform integrating CAD and CAE, with initial deployment in injection mold design and simulation, and has established partnerships with leading customers including Yanfeng Plastic Omnium, Nobo Automotive, and Dianjing Mould.
Shuyu Technology's CAD/CAE integrated platform ModeSoul is built on MBSE (Model-based Systems Engineering) principles, using a unified data model to connect the entire design-to-simulation workflow and applying AI concepts to improve industrial design and simulation efficiency. Its first vertical is the injection mold industry. China's mold industry generates over 300 billion RMB in annual output — a vast market — yet injection mold design remains a complex process of iteration and trial-and-error, with long design cycles, high production costs, and persistent pain points including low automation, incomplete informatization, and difficulty implementing intelligence. "The market urgently needs an intelligent system to standardize mold design workflows, consolidate enterprise data and knowledge, and rapidly identify appropriate process solutions — thereby reducing costs and enhancing competitiveness," said Lifeng Wang.
Shuyu Technology's AI-powered intelligent mold flow design and simulation integrated cloud platform addresses these pain points with a systematic solution. Drawing on industrial big data, the platform applies neural network-inspired concepts and AI algorithms to automate and intelligently assist mold flow design and simulation, accelerating mold design and advancing smart manufacturing.
As a core component of the company's design/simulation integrated platform — and leveraging technical experience accumulated in the power industry — Shuyu also released GCS (Geometry Constraint Solver), the only commercially available geometric constraint solver with fully independent intellectual property rights in China. The company has also established strategic partnerships with leading graphics engine company Epic Games and The Hong Kong University of Science and Technology.
Geometric constraint solving is a critical technology in CAD, foundational to sketching, assembly, and other functions. Developing a geometric constraint solving engine is technically demanding, and genuinely independent solvers are exceedingly rare.
Drawing on industry cases and experience accumulated by the founding team at Autodesk, Shuyu's newly released geometric constraint solver matches international first-tier competitors across solving metrics, performance, and applicable use cases — while remaining fully autonomous and controllable. The company has also released a cloud-based CAD demo version built around GCS.
More Content
Founded in Silicon Valley in 2005, BlueRun Ventures is a venture capital firm focused on early-stage startups.
The firm currently manages multiple USD and RMB dual-currency funds in China, with assets under management exceeding 15 billion RMB, making it one of the largest early-stage funds in the country. Its investment stage focuses on Pre-A and Series A rounds, covering hard tech and innovative interaction, enterprise technology, new consumer, and healthcare sectors. It has invested in over 150 startups, including Li Auto, Waterdrop, QingCloud, Guazi.com, Qudian, Songguo Mobility, Ganji.com, Energy Monster, Yuntu Semiconductor, Machenike, YunSheng Intelligence, Anxin Netshield, and BioMap.
BlueRun Ventures has been ranked #1 on Zero2IPO's "China's Top 30 Early-Stage Investment Institutions" and ChinaVenture's "China's Best Early-Stage Venture Capital Firms TOP30," and was named among Preqin's Top 10 VC Fund Managers Globally for Sustained High Returns.
The firm has also received consecutive recognition from Forbes China, 36Kr, Cyzone, Caixin Media, CBNweekly, Jiemian, and other media outlets as "China's Best Early-Stage Firm of the Year," "China's Top Venture Capital Firm," "Most Entrepreneur-Friendly Early-Stage Firm of the Year," and "Most Influential Early-Stage Firm of the Year."