No Matter How Far, We Can Get There | August & September Bi-Monthly Report
Go Far Away
October always begins with a journey. Leaving behind the "artificial paradise" of concrete, leaving behind near-paralyzed thought, leaving behind endless taking. Leave, leave, and go far away.
Then you realize — life is neither a track nor a wilderness. It is boundless distance and possibility, and the fleetingness of glory. Let's sum up the summer past, return to our battlefield, and embark on a new journey.
BlueRun Ventures Exclusive Investment
Deer Bog Completes Tens of Millions of RMB Angel Round
The proceeds will be used primarily for iterative development of multiple standardized products and innovation in intelligent algorithms. Founded in 2022, Deer Bog has preliminarily completed product development for standardized intelligent loading/unloading workstations, sorting workstations, bevel-cutting workstations, and grinding workstations, and has accumulated mature algorithms in data perception, point cloud processing, and robot trajectory planning.
BlueRun Ventures Leads Round
oladance Completes Tens of Millions of USD Angel Round
The proceeds will be used for technology and new product R&D, supply chain enhancement, consumer service, and brand building. oladance is an innovation-driven consumer electronics brand founded in 2019 by former BOSE executive Haoqian Li together with multiple BOSE engineers.
BlueRun Ventures Adds to Stake
ZeroG Aircraft Industry Completes Nearly 100 Million RMB Strategic Round
This round of financing will be used for continued R&D and test flights of ZeroG's flagship ZG-T6 model (6-seat, tiltrotor configuration), to accelerate mass production and airworthiness certification of other models, and to further support the deployment of low-altitude transportation operations. BlueRun Ventures was the exclusive seed-round investor in ZeroG.
BlueRun Ventures Adds to Stake
RuiShi Technology Completes 100 Million+ RMB Series A+ Round
RuiShi Technology has developed an innovative, proprietary digital myopia prevention and control pathway, launching full lifecycle eye health management and myopia prevention solutions for children and adolescents. BlueRun Ventures led RuiShi Technology's Series A round.
Wood Ant Robot
Completes 100 Million+ RMB Series B2 Round
This financing will further solidify Wood Ant's position as a leading company in express logistics and industrial unmanned transport robots. The proceeds will be used primarily for new product R&D, overseas market expansion, and talent team growth. BlueRun Ventures is an investor in Wood Ant's Series B rounds.
Machenike
Completes 100 Million+ RMB Series B+ Round
The proceeds will be used for development of the company's next-generation ADAS advanced driver-assistance systems and high-level autonomous driving solutions, continued strengthening of the talent system, preliminary research on frontier autonomous driving technologies, and laying a solid foundation for subsequent mass production. BlueRun Ventures led Machenike's Pre-A round and participated in its Series A round.
CoreX Technology
Selected as Fifth Batch National "Little Giant" Specialized and Innovative Enterprise
Meanwhile, as a company focused on RISC-V open architecture CPU IP and related solutions, CoreX Technology's NA series CPU IP (NA900 and NA300) recently obtained ISO 26262 ASIL D certification, the highest automotive functional safety grade.
Xinchen AI
Large Model Content Generation Algorithm Passes National Algorithm Filing
On September 1, Xinchen AI (Hangzhou) Technology Co., Ltd.'s Xinchen Large Model content generation algorithm passed the national algorithm filing and officially opened related services to the public from that date.
QingCloud Technology
Passes Beijing Innovative SME Certification
In August, QingCloud Technology successfully passed Beijing's "Innovative" SME certification and obtained the qualification certificate. In the same month, QingCloud was again selected for the annual "Beijing Private Enterprise Technology Innovation Top 100." In September, QingCloud held its AI Computing Power Launch Event themed "Gathering Surging Computing Power, Building a New AI Era," officially releasing the QingCloud AI Computing Power Scheduling Platform and QingCloud AI Computing Power Cloud Services, providing new architecture, products, and services for the computing power revolution. In the same month, the QingCloud AI Computing Power Scheduling Platform was selected as an outstanding achievement in the thematic exhibition of the World Computing Conference, co-hosted by the Ministry of Industry and Information Technology and the Hunan Provincial People's Government.
Gaussian Robot
Receives High Recognition Domestically and Internationally
Fully deployed in B&Q, with operations in 20 stores across 13 cities including Shanghai, Beijing, Guangzhou, Shenzhen, Chengdu, and Kunming, with plans to expand to more B&Q stores;
Gaussian Scrubber 50 commercial cleaning robot selected for the 2023 Shanghai Innovative Products Recommended Catalog;
Won the CMS Purus Innovation Award at the Cleaning Management Services Berlin (CMS Berlin) exhibition in Germany, becoming the first Chinese enterprise to receive this honor
Tian Cheng's Company
Listed in Zhejiang Province Advanced (Future) Technology Innovation Achievements
Recently, the Zhejiang Provincial Economic and Information Technology Department announced the 2023 Zhejiang Province Advanced (Future) Technology Innovation Achievements list, recognizing 104 technological innovations. Tian Cheng's company's "Human-Machine Symbiotic Exoskeleton Robot" was listed. At the same time, the company was named to China Entrepreneur magazine's 2023 Future Stars · Rising 100 list for medical devices/health.
Boray Data
Receives Multiple Recognitions
Representative vendor in multiple domains of China's data intelligence market | IDC China Data Intelligence Market Trend Analysis report
Representative vendor in database management systems | Gartner 2023 China Database Management Systems Market Guide
All-memory distributed database RapidsDB selected as typical product | Gartner 2023 China Database Management Systems Market Guide
Database products passed mandatory national standard GB18030-2022 Information Technology — Chinese Coded Character Set at the highest level (implementation level 3) certification
Youibot
Signs Strategic Cooperation Agreement with Shengjisheng
This cooperation between Youibot and Shengjisheng Semiconductor Technology Co., Ltd. represents a strategic initiative based on industry development. In September, the Composite Mobile Robot Ecosystem, organized by the Mobile Robot (AGV/AMR) Industry Alliance and led by Youibot with 30 representative upstream and downstream industrial robot enterprises, was officially launched at the Shanghai National Convention and Exhibition Center.
BlueCore Technology
Receives Two National Standard Drafting Certificates
In August, the National Logistics Warehousing Equipment Standardization Technical Committee officially released two national standards and issued national standard drafting certificates to BlueCore Technology. The released national standard GB/T 30029-2023 Automatic Guided Vehicles — General Design Rules defines the composition, classification, operating conditions, and system design of automatic guided vehicles; the other national standard GB/T 30030-2023 Automatic Guided Vehicles — Terminology defines commonly used terms for automatic guided vehicles and systems.
Jishi Design
Selected as 2023 Most Notable AIGC Company
On August 30, Cyzone released the 2023 Most Notable AIGC Companies list. The results were selected by Cyzone Research Center based on four key dimensions: industry influence, technology maturity, application scenarios, and innovation. Jishi Design and others were selected for their innovative AIGC products.
Machenike
Collaborates with NVIDIA to Launch Ground Truth System
Machenike announced collaboration with NVIDIA to launch a ground truth system for autonomous driving 4D BEV perception development, empowering automakers to develop and iterate autonomous driving algorithms and build safe, robust intelligent vehicles.
Wood Ant Robot
Wins Manufacturing Supply Chain Innovation Application Award
In August, the Global Manufacturing Supply Chain Innovation Summit and the 4th Smart Logistics Innovation Development Forum were held in Suzhou, where Wood Ant won the "Manufacturing Supply Chain Innovation Application Award." In September, at the 2023 China International Industry Fair, the Robot Technology Application and Industry Innovation Development Forum was successfully held. Wood Ant Robot was selected for the "Manufacturing Globalization Recommended Brand Top 10."
Luchen Tech
Reaches Strategic Cooperation with Multiple Enterprises
In August, Kuangke Technology and Luchen Tech reached strategic cooperation to jointly explore new space for fund research large model applications. In September, Luchen Tech established a strategic partnership with an overseas supercomputing center to jointly build the best AI large model solutions. In the same month, Luchen Tech signed a strategic cooperation agreement with LangBoat to jointly promote the widespread application of artificial intelligence in industry verticals.
XinGan Technology
Reaches Strategic Cooperation with StarSource Borui
Both parties will fully leverage their respective industrial advantages to carry out in-depth cooperation on innovative applications of silicon carbide power devices and charging module performance enhancement, developing more advanced, efficient, and reliable new energy vehicle charging solutions.
ReviR Therapeutics and Founder
Receives Multiple Awards
From August 11-13, the 2023 (23rd) China Enterprise Future Stars Annual Conference hosted by China Entrepreneur magazine was held in Guangzhou. ReviR Therapeutics was named a "Rising 100" enterprise. On September 6, China Star Market released the 2023 Sci-Tech Pioneers list, and ReviR Therapeutics co-founder/chairman Dr. Yang Li was named to the list.
Anxin NetShield
Receives Multiple Recognitions
2023 Beijing Information and Communications Industry Cybersecurity Outstanding Solution
2023 CIFTIS Haidian Digital Trade Typical Case
Selected for "Zhongguancun Frontier Technology Enterprise" list, with cumulative funding support of 5 million RMB
Shengke Energy
Publishes in Nature Sub-Journal with Tsinghua and Peking University Teams
In September, Shengke Energy's latest research with the Tsinghua University team led by Academician Minggao Ouyang and the Peking University research team, Realistic Battery Fault Detection with Dynamical Deep Learning, was officially published in the Nature sub-journal Nature Communications. Addressing the practical challenge of lithium-ion battery safety early warning, the research established a deep learning framework for battery anomaly detection based on dynamical variational autoencoders (dynamical autoencoder for anomaly detection, DyAD), and optimized the deep learning model through analysis of actual socio-economic impact factors, achieving high detection rates and low false alarm rates for battery anomaly detection. The team also released a large-scale real-world electric vehicle battery dataset containing 690,000 charging segments from 347 electric vehicles.
Shanhai Semiconductor
Obtains ISO 26262 Automotive Functional Safety ASIL D Process System Certification
Recently, Shanhai Semiconductor's automotive functional safety product development process system was certified by SGS, the internationally recognized testing, inspection, and certification body. On August 16, at Shanhai Semiconductor's Shanghai R&D center, SGS issued the ISO 26262:2018 Semiconductor Functional Safety ASIL D Process Certification Certificate to Shanhai Semiconductor, marking that Shanhai Semiconductor has established a product development and management process system fully compliant with the highest semiconductor functional safety grade "ASIL D."
CoreMedical
Product Approved for National Medical Device Registration Certificate
CoreMedical's EyeKnow™ eye movement data processing software, independently developed by CoreMedical, is a leading domestically approved software medical device specifically for processing, recording, transmitting, and displaying human eye movement data. As an important component of CoreMedical's digital diagnosis and treatment system, this product will effectively address the current lack of eye movement observation, trajectory backtracking, and data processing methods in clinical examinations, providing assistance for neurology and psychiatry physicians in various diagnosis and treatment scenarios including quantitative evaluation of neurological function, early screening for cognitive impairment diseases, and differential diagnosis of neurodegenerative diseases.
BlueRun Ventures
Changes English Brand Name
Starting September 13, BlueRun Ventures' English brand name will change to "Lanchi Ventures," no longer sharing the same name as Silicon Valley venture capital fund BlueRun Ventures.
BlueRun Ventures
Launches "Bu Ming" Entrepreneurship Camp
Silent until it booms. The "Bu Ming" (Not Crying Out) Entrepreneurship Camp is BlueRun Ventures' distributed entrepreneurship camp, and our first entrepreneurship camp in 20 years. Seeing the massive wave AI is about to unleash, we are gathering 20 outstanding entrepreneurs for three months of deep co-creation.
Global PE Forum
2022-2023 Annual
China PE/VC Industry Awards
BlueRun Ventures | Top 10 China Early-Stage Investment Institutions
BlueRun Ventures | Most Active China Early-Stage Investment Institution
BlueRun Ventures | Top 20 Most Active China AI Investment Institutions
BlueRun Ventures | Top 20 Most Active China Advanced Manufacturing Investment Institutions
BlueRun Ventures | Top 20 Most Active China Healthcare Investment Institutions
36Kr
BlueRun Ventures | 2023 Most LP-Recognized Early-Stage Investment Institution TOP2
BlueRun Ventures | China New Energy Investment Institution TOP20
Jui Chan | China New Energy Investor TOP20
China Venture Capital Research Institute — Golden Investment Awards
BlueRun Ventures | 2023 China Most Influential Investment Institution TOP100
BlueRun Ventures | 2023 China Best AI & Big Data Investment Institution TOP20
China FOF Research Center
BlueRun Ventures | Top 5 Early-Stage Fund Best Returns
Investment Magazine
BlueRun Ventures | 2022-2023 Best Early-Stage Investment Institution TOP20
Jui Chan | 2022-2023 Best Investor TOP50
TMTpost
2023 H1 Pioneer List
BlueRun Ventures | Fundraising Pioneer TOP10
BlueRun Ventures | Investment Pioneer TOP10
BlueRun Ventures | Exit Pioneer TOP10
BlueRun Ventures | Post-Investment Management Pioneer TOP20
BlueRun Ventures | AI Investment Pioneer TOP20
BlueRun Ventures | Advanced Manufacturing Investment Pioneer TOP20
BlueRun Ventures | Enterprise Services Investment Pioneer TOP10
Jazzyear
BlueRun Ventures | Enterprise Services Best Investment Institution TOP20
BlueRun Ventures | AI & Big Data Best Investment Institution TOP30
BlueRun Ventures | Intelligent Manufacturing Best Investment Institution TOP30
Jui Chan | Enterprise Services Best Investor TOP10
Jui Chan | AI & Big Data Best Investor TOP20
China Star Market
Jui Chan | 2023 Sci-Tech Pioneer Partner TOP25
Qimingpian
BlueRun Ventures | China Best Early-Stage Investment Institution Comprehensive List TOP1
BlueRun Ventures | China Best Early-Stage Investment Institution Active List TOP2
BlueRun Ventures | Enterprise Services Investment Institution TOP1
BlueRun Ventures | Consumer Investment Institution TOP5
Previous Content Review
Originating in Silicon Valley, BlueRun Ventures was established in 2005 and is a venture capital firm focused on early-stage startups.
Currently, BlueRun Ventures 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 domestically. The firm invests primarily at Pre-A and Series A stages, covering technology, consumer, and healthcare sectors, and has cumulatively invested in nearly 200 startups, including Li Auto, Waterdrop, QingCloud, Guazi Used Cars, Qudian, Ganji.com, Energy Monster, Gaussian Robot, Songguo Travel, Yuntu Semiconductor, Machenike, Yunsheng Intelligence, Anxin NetShield, and BioMap.
BlueRun Ventures has been ranked #1 in Zero2IPO's "China Early-Stage Investment Institutions Top 30" and ChinaVenture's "China Best Early-Stage Venture Capital Institutions TOP30," and was named to Preqin's Top 10 Global VC Fund Managers with Sustained High Returns.
Additionally, BlueRun Ventures has repeatedly received honors from Forbes China, 36Kr, Cyzone, Caixin Media, CBNweekly, Jiemian, and other media organizations, including "China's Best Early-Stage Institution of the Year," "China's Top Venture Capital Firm," "Most Entrepreneurur-Friendly Early-Stage Investment Institution of the Year," and "Most Influential Early-Stage Investment Institution of the Year."