Black Lake

Black Lake is an industrial AI software company founded by Polo (周宇翔), who serves as its founder and CEO . The company focuses on pushing AI agents into core factory business processes to help transform traditional, redundant manufacturing capacity into data- and AI-driven flexible production systems . ZhenFund backed Black Lake from its earliest days, participating in the 2016 angel round and continuing to invest across multiple subsequent rounds . In April 2026, Black Lake closed a Series D round of nearly RMB 1 billion, which ZhenFund framed as evidence that industrial AI had reached a commercial inflection point . The company has since been recognized as a Shanghai Innovative Enterprise Headquarters , and Polo has represented the firm at high-level government forums including a State Council economic symposium . Related coverage: Black Lake appears among ZhenFund's notable portfolio companies alongside the likes of Momenta and Waterdrop , and Emma Yin as well as Yutong Zhang are cited as individual angel investors in the company .