GSR Ventures
金沙江创投
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Liblib, what's your dream?
Here's to hoping we can keep winning.
MaKe (Code Engraving) | Senior Robotics Firm "Pipi Bear" Closes Tens of Millions of RMB in Series A Funding, Focusing on Elderly Lifestyle Service Scenarios
Low-speed electric vehicles, sales volume ranked #1 nationwide
Hands-On Test of Aha 2.0: Is It Really the Best Solution for Influencer Marketing?
How far can Aha actually go? How close is it to a real AI-powered marketing employee?
First-Round Backing from Allen Zhu and Hillhouse: How a Post-'95 ByteDance Alum Wants to Build the World's First Vibe Workflow | A Conversation with Refly.AI's Wei Huang
Between Agent and workflow, Vibe Workflow is carving out a new path.
Allen Zhu invested in a Vibe Workflow company
"Coze for Dummies"
Managing $7 billion in annual ad spend, the person who understands global traffic better than anyone just built an AI agent
What happens when we treat data as a living organism?
Exclusive | LiblibAI Raises $130 Million, Led by Hongshan and CMC
Go big or go home.
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
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"One Person Taking Out the Entire Marketing Department" | A Conversation with Kay, Founder of Head AI
The horse-drawn carriage was never a match for the automobile.
Yunqi Capital Partners with Shanghai Jiao Tong University to Launch AI Angel Fund, Offering Full-Stack Support for Entrepreneurs
Safeguarding AI Innovation
After Allen Zhu's "Wake-Up Call," We Surveyed the Survival Status of 10 Leading Humanoid Robot Companies
Pessimists are often right, but optimists are the ones who succeed.
Exclusive | Kimi Arbitration Settlement Fails, Zhang Yutong May Face Separate Lawsuit
The AI landscape has already shifted.
ZhenFund's First Secondary Transaction
After nine years, finally made it.
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
To AI Founders: In 2025, Go to These VCs for Funding | A Year-in-Review of the Primary Market with "An Yong" and Jing Liu
Exclusive | On the Kimi Case, Allen Zhu Spoke With Us for 20,000 Words Straight
On gain and loss.
Exclusive | The Full Untold Story Beneath the Surface of "Kimi Yang Zhilin Arbitration Case"
Who saw the sixpence, and who saw the moon.
Exclusive | Kimi Founder Yang Zhilin Faces Arbitration Filed by Former Investors
Another scandal at a high-profile AI company.
4 Stanford PhDs Crash Into a Trillion-Yuan Track | Z Circle
Force control is a critical, necessary step toward humanoid robots.
William Li: "Wake Up! NIO Will Never Build a Robotaxi in Its Lifetime"
Friendly reminder: life is long.
"LiblibAI" Closes New Funding Round, AI Image Generation Tool Chosen by Nearly 10 Million Users
China's leading AI image generation platform.
Exclusive | Moonshot AI's valuation reaches $3 billion in new round; Tencent joins after Alibaba
A full list of Moonshot AI's investors to date.
What's New for SaaS in the AI Era | A Conversation with Serial Entrepreneur Tony Gu, Who's Been Building in AI Since 2018, on "Doing Smart Things the Dumb Way"
Allen Zhu went left, Zhang Yutong went right
When Allen Zhu chose to stay put and ride out the storm, Zhang Yutong decided to find a new table.
China's LLM Funding War: The Quick Death of Romance
Do the investors regret it?
"Smart" Heavy Trucks: How Windrose Technology Conquered the European and American Markets | YunXun
Stay committed to ground-up R&D, stay committed to original innovation, and stay committed to premium hardware and software specs.
5Y News | GravityXR Closes Hundreds of Millions of RMB in Series A Funding to Advance Dedicated Chip for "XR Spatial Computing"
Create a brand-new world that blends the virtual and the real.
GravityXR has completed a Series A financing round of several hundred million RMB, led by Lisi Capital.
A Complete Transformation of Future Human-Computer Interaction
After 200+ Days of AIGC Fervor, Investors Reach Three Broad Consensuses
By Elune, edited by Jiumu, curated by Eason On July 19, Meta, Facebook's parent company, released the Llama 2 large language model, making it freely available for both research and commercial use — widely hailed as the most powerful open-source alternative to GPT-4. This marks a significant shift from the previous landscape, where numerous global large language models were built on Llama but constrained by its inability to be used commercially at no cost.
200 Days of Frenzy: China's LLM Wars Stuck in a Stalemate
Consensus can form quickly — and dissolve just as fast.
Exclusive | The General-Purpose LLM Startup Wave: The First Battle Is About to End
Contestants, take your positions.
"This Is an Ordinary Day" | 2022 in Review
Don't summarize unless necessary.
5Y News | 5Y Capital Portfolio Company PhiGent Robotics Closes Tens of Millions of USD in Series A+ Funding
Based on software-hardware co-optimization, we are building 3D intelligent computing for autonomous driving and robotics, enabling intelligent interaction between machines and the physical world.
Robotics, SaaS, and innovative drug sectors close new funding rounds; chips and medical devices unveil major new products | Rongbao · August
Differentiated innovation and global opportunities.
The unthinkable is precisely what can be thought. | 5Y News Monthly
The big news from last month.
5Y News | GigaAI Robotics Completes Second Close of Series A Funding Round at Hundreds of Millions of RMB
Full-stack advanced driver-assistance systems (ADAS) solutions have entered mass production, simultaneously driving the commercial deployment of 3D visual perception products.
XR chip developer GravityXR has raised tens of millions of RMB across angel and Pre-A rounds within six months
Focused on tackling XR-dedicated smart chips.
June, Vitality | 5Y News Monthly
The big news from last month.
5Y News | Jizhi Robotics Announces $30 Million Series A Funding Round
Accelerating technological breakthroughs and scaled mass production for next-generation autonomous driving.
Spring Comes Quietly to Guomao
For China's investment industry at this moment, the eerily quiet Guomao feels like a metaphor.
IrisView, a next-gen OS R&D platform, closes two consecutive rounds totaling nearly RMB 100 million, with Source Code Capital leading the A+ round
Focused on building a next-generation operating system for next-gen devices like AR/VR headsets.
November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
5Y News | PhiGent Robotics Raises Tens of Millions of USD Within Two Months of Founding, Accelerating Deployment of Next-Generation Autonomous Driving Technology
Building robotic sensors, computing, and intelligent brains.
October is full of hope and fervor | 5Y News Monthly
The major events from last month.
5Y News | Chinese Emerging Designer Brand "bosie" Closes New Funding Round of Several Hundred Million Yuan
Break free from constraints. No divisions, no boundaries.
FreeS Family Funding News · May | Chicecream, ACC Super Accessories, DataPipeline, and Ganying AI Secure Funding
We also released two short videos this week — follow us to check them out.
Gaorong Bulletin · December | Multiple Gaorong Ventures Portfolio Companies Secure New Funding in Chips, Robotics, AI Drug Discovery, New Brands, and Other Sectors
Stepping into 2021.
General-purpose intelligent robotics company Flexiv completes over $100 million Series B funding round
Gaorong Ventures led the investment in Flexiv in early 2019 and continued to increase its stake in subsequent funding rounds.
5Y News|HashData Raises $15 Million to Accelerate Cloud-Native Data Warehouse Development
HashData has raised $15 million in an A++ round led by 5Y Capital.
Gaorong Monthly · November | Gaorong Ventures Wins "2019 China VC Firm of the Year" and Other Awards, 24 Portfolio Companies Named to 36Kr's "King of New Economy" List
Embrace the power of technology and innovation to create a better life together.
African Mobile Payments and Mobility Service Provider OPay Closes $120 Million Series B Round | Gaorong Ventures News
OPay is one of Africa's fastest-scaling companies, having grown into Nigeria's leading mobile payments and ride-hailing service provider.
Rongbao · September | YITU and Zhuiyi Clinch World Championship Titles, "Ronghui" Steps into QQ Mini Programs...
Wishing everyone a happy National Day!
ADVANCE.AI Completes Series C Funding Round, Continues Deepening Focus on AI Enterprise Services Market
Using intelligence to drive industrial and social progress
Flexiv Unveils First Adaptive Robotic Arm, Bringing Third-Generation Robotics Technology
The world's first adaptive robot made its debut at the 2019 Hannover Messe in Germany.
Gaorong Ventures' Chang Chen: Consumer Markets in Third-, Fourth-, and Fifth-Tier Cities Are Full of Opportunity
Third- and fourth-tier cities account for over 63% of total social retail consumption, far surpassing the combined share of first- and second-tier cities.
Source Code Capital Portfolio Company Huzan Technology Closes $30 Million Series B Round, Existing Backer Source Code Capital Continues to Increase Stake
Leading the social retail services space
Video Technology Company YouHua Tech Raises Tens of Millions of USD in Series B Funding | Gaorong Ventures News
We will continue to increase R&D investment. Strong technical and product capabilities are the foremost conditions for winning in the video space.
The "Oscars of Global Investing" Unveiled: Source Code Capital's Yi Cao Makes Forbes' 2018 Midas List
Yi Cao of Source Code Capital made the *Forbes* 2018 Midas List, recognized as the youngest best investor globally.
春天里的9份收获和4点洞察 | 峰瑞黑板报·3月
朝前看,坚持做。
Moka Closes Tens of Millions in Series A+ Funding to Become the Talent Weapon Behind Successful Companies | FreeS Fund Deal News
Overseas, the company with a similar business to Moka is Silicon Valley near-unicorn Greenhouse.
Yi Cao Named to 2017 China Top Venture Capitalists TOP50
Jiemian and Toutiao jointly released the "Top Venture Capitalists in China" list for the first time.




























































