CASSTAR
中科创星
CASSTAR (Zhongke Chuangxing) is a technology investment fund co-founded by Mi Lei, who serves as its founding partner; elsewhere's corpus notes its portfolio includes Zhipu AI . Beyond that, the corpus doesn't carry dedicated coverage of the fund — no founding details, fund size, or strategy pieces — and its appearances in the search results below are incidental mentions rather than profiles, so a fuller picture isn't available from this material.
AI-generated — may contain errors, please verify.
Coverage
Gaorong Ventures Report: Physical AI, Domestic Computing Power, Controllable Nuclear Fusion, and Medical Innovation Companies Close Major Funding Rounds
From the continuous leap in model capabilities to hard tech crossing the thresholds of engineering and industrialization, a new wave of technological innovation is accelerating toward the real world.
Dalton Venture Backs Invasive BCI, Active Technologies' 330 Million Yuan Angel Round Sets New Domestic Record for Brain-Computer Interface Funding | Dalton News
On August 3, **Shanghai Initiative Technology Co., Ltd. (hereinafter referred to as "Initiative Technology") announced the completion of a 330 million RMB angel funding round, setting a new record for angel-round financing in China's brain-computer interface sector. This round was led by CASSTAR, with co-investment from Dalton Venture, Legend Star, Unity Ventures, Inno Angel Fund, BGI Songhe Bio Fund, LYFE Capital, and Jiadao Capital**. The proceeds will be mainly used for facility expansion, equipment upgrades, and clinical trial advancement.
Invasive brain-computer interface startup Initiative Tech raises 330 million yuan in record China BCI angel round | Unity Ventures portfolio newcomer
The domestic invasive brain-computer interface company with the most comprehensive product line
ZhenFund Angel Project "Valhalla Technology" Closes Nearly $50 Million Funding Round
Build a Scientific AGI foundational platform for all domains.
Valhalla Tech, a Full-Modality Molecular World Model Company, Raises Nearly $50M in Three Consecutive Months of Funding | 5Y News
World models that create molecules.
From Huawei Autonomous Driving to General-Purpose Robotics: Huang Qingqiu Wants to Rebuild a System for the Physical World | BlueRun Ventures Family Headlines
From Single-Demo to General-Purpose Robot: The Critical Leap
Heart Capital Makes Consecutive Investment in Kunlun Robotics, Accelerating Commercialization of Embodied Intelligence | HeartStar PORTFOLIO
Leading the embodied intelligence industry to achieve scaled, commercial breakthroughs.
Embodied Intelligence "Ace Team" Assembles, Kunlun Xing Robotics Closes Three Consecutive Major Funding Rounds
Leading the embodied artificial intelligence industry toward scaled, commercial transformation.
MaHui | Sand.ai Raises Over $100M Across Two Rounds, Existing Investor Source Code Capital Continues to Increase Stake
Source Code Capital led the seed round of Sand.ai in 2024 and was one of the company's earliest institutional investors.
Dongsheng Fusion Raises $100 Million in New Funding Round, Co-Led by Qiming Venture Partners
J&T Global Express is committed to developing strong magnetic field compact fusion power plant technology using "deuterium-helium-3" as fuel.
Guangyu Yuanxin Closes Pre-A and Pre-A+ Rounds, Raising Over RMB 100 Million in Total | Linear Portfolio
Solving the three core challenges in Micro-LED industrialization.
Former vivo star product manager Song Ziwei's AI hardware startup V-Light bags over 100 million yuan in funding, Unity Ventures continues to follow on
Unity Ventures remains bullish on opportunities in AI hardware and globalization.
BlueRun Ventures Angel Portfolio Company Zhijian Dynamics Closes RMB 2 Billion Financing Round, Accelerating the Path to Embodied Intelligence | BlueRun Family
Cracking the Complex Challenges in Embodied AI
Embodied intelligence startup ZhiJian Power closed five funding rounds within six months, raising a total of 2 billion yuan.
Build embodied intelligence products with high user value.
The Fundraising Stories of China's "Six Little Tigers": Six Paths, Six Lives
If Kimi ever goes public, will the bell-ringing photo look very different?
Eight Unity Ventures Portfolio Companies Announce Funding Rounds: AI Evolution, Biotech Surge, and Accelerated Globalization | Unity Ventures Autumn Update
Total funding raised exceeds 2 billion yuan.
Former 01.AI Co-founder Dai Zonghong's Startup "Basis Origin" Closes Angel Round of Over 100 Million Yuan | New Unity Ventures Portfolio Company
A 20-person team completes AI customization projects that previously required hundreds of people
Will the Primary Market Get Better? 9 People Talk About Some Real Problems
Difficult exits, difficult fundraising, and state capital's fault-tolerance mechanisms.
You Yourself Are the Newest Year | 5Y News Monthly
The big news from last month.
5Y News | New Chen New Materials Closes Nearly 100 Million RMB Series B1 Round, Advancing Scale-Up of Next-Generation Electrolyte Main Salt LiFSI
Enabling batteries to truly meet the demands of all-terrain, all-climate, safe, long-lifespan, and fast-charging applications.
Inside the Dalton Family | Mu Liyue of Lanji Medical: From Silicon Valley Back to Xi'an, I Want to Build a Laser Product That Truly Matters to Medicine
Changing the World Through "Medicine-Engineering Integration"
Superconductors deserve attention, but so does our anxiety about technology itself.
It's still too early to tell.
Code Moment | "Singularity Energy" Closes Over RMB 700 Million Series B Round, Source Code Capital Continues to Double Down
JD Energy will continue to contribute its share of strength to the healthy, high-quality development of the energy storage industry and to the realization of China's dual-carbon goals!
Conversations with 29 Tech Investors: There Are Treasures, But No Treasure Map
Investing in tech is definitely the right call, but consensus remains scarce.
Heading Into the Next Spring Amid Winter: 7 Early-Stage Companies Raise Nearly 600 Million RMB | FreeS Family Funding News · Vol 13
Looking forward to working alongside more outstanding founders.
On the first day of August, we spoke with 23 investors about "confidence."
And, what are the things that are hard but right, and what are the things that are hard but wrong.
China Energy Storage (Zhongchu Guoneng) Completes 320 Million Yuan Pre-A+ Round to Accelerate New Energy Storage Technology Layout
A pioneer and leader in China's compressed air energy storage sector.
Agricultural Big Data Service Provider "MaiFei Technology" Raises Over 100 Million RMB in Series A Funding | FreeS Fund Investment News
Achieve intelligent perception of crop physiological states.
Xinyi Information Technology Raises Tens of Millions of RMB in Series A Funding | FreeS Fund Investment News
The end of Moore's Law and the arrival of the intelligent IoT era have spawned a flood of new scenarios and demands.




























