Breaking Through Your Mental Block in an Olympic Year | BlueRun Ventures Bi-Monthly Report

蓝驰创投·August 6, 2024·0·0

OUVRONS GRAND LES JEUX This text is already in French, not Chinese. It translates to English as: **LET THE GAMES BEGIN** Or more literally: "Let's open the games wide" / "Let the games open grandly" (This is the official slogan/tagline for the Paris 2024 Olympic and Paralympic Games.)

"Games Wide Open" (OUVRONS GRAND LES JEUX) — this is the slogan for this year's Paris Olympics and Paralympics. Tony Estanguet, president of the Paris 2024 organizing committee, believes the Olympics are a force that opens people's hearts, stops treating differences as obstacles, and demonstrates courage, creativity, and the spirit of innovation.

Openness creates strength. In this summer destined to make memories, may you break through your mental blocks and write a new chapter.

BlueRun Ventures Leads

Lingpao Microelectronics Closes Two Consecutive Rounds

Totaling Over 100 Million RMB

BlueRun Ventures was the lead investor in Lingpao Microelectronics' angel round. Lingpao Microelectronics is a chip and solutions design company focused on automotive communications. The company has already launched its first chip in its first-generation product series, which employs the latest Bluetooth protocol and Channel Sounding positioning algorithms to significantly improve positioning accuracy, completely resolve security vulnerabilities, and greatly reduce calibration workload for manufacturers — making it one of the first domestic companies to mass-produce chips with this technology.

BlueRun Ventures Leads

Jike Guanghe Closes Over 100 Million RMB in A++ Round

BlueRun Ventures led Jike Guanghe's A++ round. The proceeds will primarily fund the development and mass production of standardized thin-film lithium niobate devices. Jike Guanghe Technology focuses on R&D and applications of thin-film lithium niobate IDM platforms. In the critical etching step, the team has developed special micro-nano processing techniques that produce extremely smooth waveguide sidewalls, solving pain points that previously hindered industrial-scale production.

ReviR Therapeutics

Closes $30 Million Series A

The investment will further build out ReviR's self-developed AI drug discovery platform VoyageR, combining AI technology with the team's extensive drug development experience to advance its Huntington's disease (HD) pipeline as well as preclinical and clinical development for multiple neurological disease pipelines including Charcot-Marie-Tooth disease (CMT) and amyotrophic lateral sclerosis (ALS). BlueRun Ventures was an early investor in ReviR Therapeutics.

Energy Singularity

Honghuang-70 Successfully Achieves Plasma Discharge

Honghuang-70 conducted discharge experiments using two pre-ionization methods — localized helicity injection (electron gun) and ion cyclotron range of frequencies (ICRF) heating — and successfully achieved first plasma. This marks Energy Singularity as the first team globally and currently the only one to have built and operated a fully high-temperature superconducting tokamak, as well as the first and only commercial company globally to have built and operated a fully superconducting tokamak.

Moonshot AI

Context Caching Enters Public Beta

This technology can reduce long-text flagship model usage costs by up to 90% for developers without changing API prices, while significantly improving model response speed.

WaveForm AI Releases

Next-Generation Personalized Adaptive Private Language Model

Based on new LPA technology exploration, WaveForm AI released Weaver 2.0, a next-generation multimodal infinite-length content generation personalized adaptive private language model, along with major upgrades to its multilingual, multimodal AI content creation tools including Frog Writing 2.0, Siuuu.AI, and AI Learning.

DeepMaterial

Lands Order from Leading New Energy Vehicle Maker

DeepMaterial has developed multiple high-end metal 3D printing materials and high-performance die-cast aluminum materials, now in mass production. Domestically, the company has partnered with benchmark clients in aerospace and defense industries, with products entering small-batch trial production. The company also signed a new energy vehicle materials order exceeding 10 million RMB with a leading automotive brand.

Weiling Medical Partners with Peking University

Thousand-Channel Electronic Integrated Neural Probe

Achieves Whole-Brain Scale Neural Activity Monitoring in Macaques

Weiling Brain-Computer Interface Laboratory, leveraging advanced high-throughput neural electronics technology, collaborated with Peking University's neural probe team to successfully develop an electronically integrated, high-density, high-channel neural probe. A single probe integrates 1,024 simultaneously recordable neural signal channels, reaching internationally leading levels. Using this integrated probe, researchers achieved, for the first time internationally, full-depth, high-throughput neuronal activity recording in macaque brains.

RapidsData

Launches Large Model Intelligent Caching Feature

Computing Efficiency Improved 100x

The large model intelligent caching feature aims to solve speed bottlenecks and cost anxiety in large model applications, making intelligent responses instantly available. When users generate identical information, the system can quickly serve from cache without recalculating or retrieving from original data sources, saving time and resources.

Luchen Tech

Open-Sora Open Source Upgrade

The Luchen Open-Sora team achieved breakthrough progress in 720p high-definition text-to-video quality and generation duration, supporting seamless production of high-quality shorts in any style, with this version remaining fully open source.

Bluecore Technology

Releases New 3C Industry Solution

Through 3D obstacle avoidance cameras and intelligent algorithms on its robots to detect suspended and low obstacles; leading semantic recognition outputs richer obstacle information (including distance and object names), intelligently judging dynamic/static obstacle attributes to implement different avoidance strategies.

ZeroG-Controlled Portfolio Company Ruien

Partners with Jiuzhou Shenying, Hongshi General Aviation

To Build New Energy Aircraft Operations Network

This cooperation will jointly build a new energy aircraft operations network centered on Chongqing and radiating throughout Southwest China. The RX1E-A and series models, as certified commercial electric light sport aircraft, offer green environmental protection, reliable safety, and low operating cost advantages.

Zhitai Bio Two Research Results

To Be Presented at 84th American Diabetes Association Meeting

Zhitai Bio is a clinical-stage innovative biopharmaceutical company dedicated to developing innovative biologics for metabolic diseases. The American Diabetes Association (ADA) Scientific Sessions provides a platform for scientists and healthcare professionals in diabetes research and management worldwide. Zhitai Bio will present two latest research results in oral report form.

Boonray Circular

Participates in Lithium Battery Carbon Footprint Accounting System

Now Officially Released

Under the guidance of the Ministry of Industry and Information Technology's Electronic Information Department, the China Electronics Standardization Institute, together with Tsinghua University, Suzhou Boonray Circular Technology, key lithium battery industry chain enterprises, relevant industry associations, and over 100 other units, has officially released China's lithium battery carbon footprint accounting system. The system will help enterprises accurately identify carbon reduction potential at each stage of product life cycles and guide energy-saving and carbon-reduction technology transformations.

Mooe Robot

Reaches Strategic Partnership with Folangsi

Folangsi's deep accumulation and extensive layout in intralogistics equipment solutions will provide Mooe Robot with richer application scenarios and customer resources; while Mooe Robot's innovative technology and solutions in smart logistics will help Folangsi further improve service quality and efficiency, jointly accelerating the development of intralogistics intelligence.

Machenike

Reaches Strategic Partnership with Zhongke Huiyan

Both parties will conduct comprehensive cooperation in autonomous driving, jointly building competitive intelligent driving solutions. They will explore establishing data centers, systematically acquiring and analyzing data through globally leading full-process data-driven capabilities, thereby driving diversified scenario business development and accelerating the comprehensive upgrade and scaled mass production of autonomous driving technology and onboard software-hardware products.

ZeroG

Inspected by State Council Counselors' Office Research Team

Xu Chang, Party Group member and Deputy Director of the State Council Counselors' Office, led a research team to ZeroG for "low-altitude economic development" inspection, accompanied by State Council Counselor and former NDRC Deputy Director Hu Zucai, State Council Counselor and Chinese Academy of Engineering academician Zhang Ping, professor at Beijing University of Posts and Telecommunications School of Information and Communication Engineering, and Zhang Liping, Director of the State Council Counselors' Office Counselor Affairs Division I. ZeroG co-founder and COO Shi Hong and Chief Strategy Officer Dr. Chen Yan accompanied the inspection.

TCab Tech

Reaches Strategic Partnership with AVIC Computing

Following this agreement with AVIC Computing, TCab Tech has now confirmed partners for multiple key components of its E20 eVTOL. Based on mature aviation and new energy technologies, TCab Tech will work with partners to create the optimal solution for aerial mobility — a tiltrotor manned eVTOL.

BioMap

Signs Strategic Cooperation Agreement with HKIC

HKIC will provide BioMap with comprehensive resource matching and support for its subsequent development in Hong Kong, promoting Hong Kong's development as an international biocomputing hub. Hong Kong SAR Financial Secretary Paul Chan witnessed the signing ceremony and delivered remarks. HKIC CEO Clara Chan and BioMap co-founder and CEO Liu Wei signed on behalf of their respective organizations.

AgiBot

Signs Strategic Cooperation Agreement with iFlytek

Both parties will conduct joint development based on iFlytek's SparkDesk large model, strengthening integration of intelligent agents with robot bodies, and carrying out in-depth cooperation in scenario applications and scientific research projects.

Yimoly Technology

Smart Production and Delivery Center Officially Breaks Ground

Upon completion, the new center is expected to reach annual production capacity of 3,000 units/sets. Yimoly's product system leverages Wuhai's unique location advantages, particularly making full use of nearby coal mining vehicle application scenarios, significantly shortening the cycle from R&D production to customer delivery and markedly accelerating product iteration and maturation.

Gaussian Robotics

Receives First UKAS-Authorized ISO/IEC 27701:2019 Certificate from SGS China

SGS is an internationally recognized third-party testing, inspection, and certification body. ISO/IEC 27701:2019 is an extension standard of ISO/IEC 27001 information security management systems, focused on privacy information management. Obtaining this certification is strong proof of enterprise privacy protection capabilities. Gaussian has once again upgraded its privacy information security management, further enhancing data protection levels and demonstrating its dual commitment to information security and privacy protection.

Youibot

Chief Scientist Professor Mei Xuesong Receives

Second Prize of State Scientific and Technological Progress Award

Professor Mei Xuesong, as first completer of the project "Key Technologies and Applications for Precision and Stability Improvement of High-End CNC Machine Tools Throughout Their Life Cycle," received the Second Prize of the State Scientific and Technological Progress Award. The project created a full life-cycle precision improvement theory and technical system for CNC machine tools, with multiple precision machine tools developed breaking through Wassenaar Arrangement technical restrictions and solving major key manufacturing challenges in aerospace and new energy vehicles.

WAYZ.AI Selected for

"2024 China Data Intelligence Industry Map 1.0"

WAYZ.AI was successfully selected for the "Industry Applications - Government Affairs" section of the industry map, recognized for its outstanding innovative services in government digitalization. This selection represents high industry recognition of WAYZ.AI's brand strength and service capabilities, and reaffirms its years of deep cultivation in government digitalization applications, empowering numerous government agencies including data bureaus, city operation centers, and business committees to drive government digital transformation.

Tian Cheng Technology

Selected for Zhejiang Province Biomedical Industry

High-Growth Enterprises List

This selection fully reflects Tian Cheng Technology's innovation capabilities and market competitiveness in the medical and wellness field. Over the years, Tian Cheng Technology has focused on R&D and deep industry cultivation, continuously improving product technical levels and service quality; relying on advanced technology platforms and professional R&D teams, striving to build a world-class enterprise with international influence.

YTMicro Semiconductor

First High-End Domain Controller Chip HA0x

Receives Functional Safety ASIL-D Product Certification

YTMicro Semiconductor's first H-series high-end domain controller chip YMT32B1HA0x received ISO 26262 ASIL D functional safety product certification formally granted by independent third-party international authoritative automotive inspection, testing, and certification body DEKRA. This ASIL-D certification marks YTMicro's automotive-grade chip functional safety development capabilities gaining international recognition, officially entering internationally advanced levels.

Vack Security

VackBAS Passes CAICT Security Institute

Enterprise Cybersecurity Measures Effectiveness Platform Inspection

Vack Technology's automated penetration security verification system performed excellently, successfully passing functional inspection of FT-S04-0071-01 "Enterprise Cybersecurity Measures Verification Platform Evaluation Method." Vack Technology became among the first enterprises awarded this cybersecurity measures effectiveness verification platform inspection certificate, an achievement demonstrating Vack Technology's technical leadership in cybersecurity.

Shengke Energy

Chief Scientist Academician Minggao Ouyang

Receives 2024 Global Energy Prize

The "Global Energy Prize" is a renowned international energy sector science and technology award established by The Global Energy Association in 2002, with only 2-3 awardees annually. Professor Minggao Ouyang was selected as laureate for "new ways of energy utilization" for his technical leadership in new energy vehicle strategic planning, technology R&D, demonstration assessment, and commercial promotion, particularly for contributions in solving technical challenges including hydrogen fuel cell durability, lithium-ion battery safety, and vehicle-grid interaction.

MetaRehab™ by Sinorythm

Balance Function Assessment and Training System

Receives National Medical Device Registration Certificate

This product is a transformation achievement of the national science and technology major special project for next-generation artificial intelligence "Key Technologies for Intelligent Human-Computer Interaction for Neurological Disease Early Warning." The balance function assessment and training system, based on 3D motion capture and virtual reality technology, objectively and precisely assesses neurological function, formulates personalized, full-cycle rehabilitation training plans according to assessment results, enhances neuroplasticity, and can be used for post-stroke functional reconstruction, Parkinson's disease and other movement disorder rehabilitation, motor cognitive training, and activities of daily living training scenarios.

2024 WAIC Live Coverage:

BlueRun Ventures Portfolio Companies Unveil New AI Hits

BlueRun Ventures portfolio companies — Galaxy Universal, BioMap, Jishi Design, PPIO, Bluecore Technology, PowerLaw AI, and VITURE — were invited to 2024 World Artificial Intelligence Conference (WAIC 2024), bringing cutting-edge technology demonstrations to attendees. The showcases covered general humanoid robots, industry vertical models, computing power, AIGC, intelligent hardware, enterprise services, and more.