Dening Capital
德宁资本
Dening Capital (德宁资本) is a venture fund that appears in elsewhere's coverage as a co-investor in automotive AI startup Yitu Technology (弋途科技). It followed on in Yitu's Pre-A round in March 2025, which was led by Xuhui Capital with participation from existing investor Yunqi Capital . Dening also participated in Yitu's over-100-million-RMB Series A+ round in April 2026, again alongside Yunqi Capital and other backers . else where's corpus does not contain additional details on Dening Capital's founding, team, or overall investment strategy beyond these two deals.
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Coverage
Yunqi Capital Leads Over 100 Million RMB Series A+ Round in Yitu Technology: AI Rewrites the Smart Cockpit | Yunqi Portfolio --- We are excited to announce that **Yitu Technology** has completed an over 100 million RMB Series A+ funding round, jointly led by **Yunqi Capital** and an automotive industry fund, with participation from existing shareholders. This marks another important milestone in Yitu's rapid development. Founded in 2023, Yitu Technology is an AI-native company focused on the automotive sector. The founding team brings together top talent from both the automotive and AI industries, with members hailing from companies such as **Li Auto**, **Baidu**, **Bosch**, **Huawei**, and **ByteDance**. The company is dedicated to building intelligent cockpit solutions driven by large language models (LLMs), offering automakers next-generation human-vehicle interaction experiences. The smart cockpit is undergoing a fundamental transformation. Traditional "screen-stacking" approaches are giving way to AI-driven, conversational interfaces. Yitu's products center on LLM-powered intelligent agents that enable natural language control of vehicle functions, proactive service recommendations, and personalized user experiences — effectively turning the car into a truly intelligent mobile space. "Automotive intelligence has entered the LLM era," said **
Writing the New Future of AI Cockpits
Yunqi Capital Quarterly | Spring Winds Ask Nothing of the Traveler; We Chart Our Own Course
A Closer Look at Yunqi Capital's Recent Moves
Yitu Technology Closes Pre-A Round, How AIOS Is Reimagining Automotive Smart Spaces | Yunqi Capital
Another follow-on investment, continuing the journey together.
