Hengxu Capital
恒旭资本
Hengxu Capital (恒旭资本) shows up in elsewhere's corpus mostly as an active check-writer in recent Chinese AI and hard-tech rounds rather than through any dedicated profile. Per the deals on record, it co-led VAST's $50M Series A alongside Alibaba (announced by Oasis Capital in March 2026) , joined Galaxy Universal's 500M-yuan strategic round in late 2024 , and backed embodied-AI company Tashi Zhihang repeatedly — from its $120M angel round in March 2025 through a $455M Pre-A in April 2026, where it sat alongside industrial investors like TCL . Its reach isn't AI-only: it co-led Nutshell Therapeutics' $40M Series A+ with YuanBio Capital back in 2022 .
The corpus doesn't carry a standalone profile of the fund — no founding year, AUM, or team details — so what's visible is a pattern: an investor leaning into embodied intelligence, robotics, and frontier AI rounds across 2024–2026, with occasional life-science exposure earlier on.
AI-generated — may contain errors, please verify.
Coverage
Industrial Functional Coating Digital Inkjet Firm Shifang Technology Closes Nearly RMB 300 Million Funding Round | 5Y News
Bringing industrial coatings into the digital inkjet era.
BlueRun Ventures' Angel Project Tashi Zhihang Closes $455M Pre-A Round to Build Robots That "Actually Work and Actually Ship" | BlueRun Family
Let China's Embodied Intelligence Take the World Stage
"Tashi Intelligent Navigation" Raises $455 Million in Pre-A Round, Linear Capital Continues to Back Through Three Consecutive Rounds Since Seed Stage | Linear Portfolio
China's embodied intelligence sector has set two all-time fundraising records simultaneously.
Spring Awakens All Things, Growth Is in Full Swing | Vital Monthly
Share some good news from March.
VAST Closes $50 Million Series A to Build World Models and UGC Interactive Platform | Oasis Vitality
To start a business, you have to "believe first" rather than "see first."
Embodied intelligence startup Tashi Intelligent Navigation announced a $120 million angel funding round, continuing to push the boundaries of physical-world intelligence.
Exploring the unlimited potential of embodied intelligence.
Tashi Zhihang Raises $120 Million in Angel Round, Co-Led by Qiming Venture Partners
Tashi Zhihang is the only company in the industry that simultaneously possesses Embodied Artificial Intelligence large model capabilities, in-house robotics R&D capabilities, and mass production capacity for integrated hardware-software products.
BlueRun Ventures Leads $120 Million Angel Round in Tashi Zhihang, Embarking on a New Journey in Embodied Intelligence | BlueRun Portfolio
Not just a "robotics company," but an "industry scenario solutions company."
Galaxy Universal Raises 500 Million Yuan in Strategic Funding Round | BlueRun Ventures Headlines
Embodied Intelligence Powers a New Future for General-Purpose Robotics
"These 130 unfamiliar faces look exactly like the masters of the future."
Notes from a conference where you can add 130 important contacts.
A Complete Map of China's Industrial Investment: When the Gears of Fate Begin to Turn
Seven sectors, 200 investments, 500 funds — all in nine charts.
Source Code Capital Portfolio | Nutshell Therapeutics Announces $40 Million Series A+ Round, Existing Shareholder Source Code Capital Continues to Increase Stake
Advance the conformation-based drug discovery platform and innovative pipeline across all fronts
