CASID
国科投资
CASID (国科投资) is a state-backed investment manager that has emerged as a co-lead investor in two major robotics deals within months: it anchored a 1 billion yuan Series A+ round for embodied-AI startup Autonomous Variable Robotics in September 2025 alongside Alibaba Cloud , then jointly led Astribot's hundred-million-yuan A++ round with Ant Group that November . In the fund-manager taxonomy sketched by 暗涌Waves, CASID sits among the more market-oriented state-owned or hybrid GPs—alongside names like SDIC, CICC, and CITIC—that the writer argues should bear greater responsibility for deploying state capital through market mechanisms .
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Coverage
Yunqi Capital | Astribot Raises Hundreds of Millions in A++ Round to Accelerate Scale Deployment of Cable-Driven AI Robots
The Pioneer in Mass-Producing Cable-Driven AI Robots Continues to Evolve
"Autonomous Variable Robotics" Closes 1 Billion Yuan Series A+ Round, Open-Sources End-to-End Embodied Foundation Model | Yunqi Capital
Models and hardware iterating at breakneck speed
Reviving China's Primary Market
Already dormant.
