HSG
红杉中国
HSG is the venture capital firm founded and led by Neil Shen as founding and managing partner, with a portfolio that includes PDD, Moonshot AI, Airwallex and MiniMax . That's about the extent of it — elsewhere's corpus doesn't carry deeper material on the firm itself (its history, fund sizes or strategy), and the related coverage retrieved here concerns other institutions, not HSG.
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.
The Full Story of Alibaba's Investment in Moonshot AI
Game Changer.
SHEIN's Fundraising History
Tales from China's Investment Past: ______.
After DJI and Insta360, He's Building Cars Like Robots
European cargo e-bikes, made in China.
BlueRun Ventures leads Nestworks' angel round of hundreds of millions of yuan, bringing AI-powered desktop CNC to the masses
The imagination space for desktop manufacturing has only just begun to open up.
An American Engineer's 11 Days in China
China in 2036 will look very different from 2026.
Unitree Funding Story Exhibition
Ancient stories always carry a special kind of allure.
Gaorong Ventures co-leads Pragmatik Labs funding to back next-gen agent paradigm bridging digital and physical worlds
Building the Next-Generation Agent Paradigm
WAAC Days Don't Matter, Nights Are When the Real Talk Happens — We Partied Till Midnight at the Hottest After Party
Meshy Closes Nearly $400 Million Series B, Source Code Capital Continues to Double Down
Source Code Capital led the company's Series A round in 2021, and continued to increase its investment in subsequent rounds, providing long-term support for the company's growth.
Source Code Capital | Physical AI Firm DeepWise Closes Hundreds of Millions of RMB in Series B Funding, Existing Shareholder Source Code Capital Increases Stake
Source Code Capital led J&T Global Express's Pre-A round in 2022, and continued to increase its investment in multiple subsequent rounds, providing long-term support as the company grew.
Gestalt Technology Closes 420 Million Yuan Angel+ Round as Dalton Venture Backs It for Second Time in Six Months | Dalton Family
On July 3, 2026, **Gestala**, a **Daotong Family portfolio company** and China's first company focused on ultrasound-based brain-computer interfaces, announced the completion of a **420 million RMB angel+ funding round**, while simultaneously holding an inauguration ceremony for its Shanghai headquarters — establishing a dual-headquarters strategic layout across "Chengdu + Shanghai".
Code Moment | Independent Variable Robotics Closes Four Consecutive Funding Rounds, Valuation Exceeds 20 Billion Yuan
Source Code Capital participated in SelfVariable's Series C round, another key move in its Embodied Artificial Intelligence ecosystem map.
Independent Variable Robotics Closes Four Rounds in Two Months, Valuation Tops 20 Billion Yuan | Unity Ventures Portfolio News
Its investors span China's four major internet giants, corporate strategic investors, state-backed funds, and top-tier VC firms.
Go invest in games, like you've never been hurt before.
Playing the game of life.
ZhenFund Angel Project "Hyde Hydrogen Energy" Completes Series B+ Round, Fluctuation Hydrogen Production Breaks Through Green Hydrogen Cost Parity Singularity
Long-duration, stable, and continuous low-carbon energy supply.
Liblib, what's your dream?
Here's to hoping we can keep winning.
Code Moment | Evoken Closes Nearly $300 Million Series B+ Round, Existing Shareholder Source Code Capital Continues to Double Down
The DeepSeek Financing Story
"The world was always meant to be this way."
"Xinzhou Technology" Closes $50 Million Series A Led by Meituan | Linear Portfolio
An agent's capabilities ultimately come down to the underlying model training.
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.
The Unforgettable Series C Funding of Moonshot AI
A stroke of genius.
On the Eve of IPO, a Conversation with METiS Pharmaceuticals' Caida Lai: From Formulas on a Whiteboard to "The SpaceX of Pharma"
The story behind the investment.
Metis Pharmaceuticals lists today, marking Monolith's first HKEX IPO
The scientist who pitched in a KFC just went public today.
GENE-26.5 is going viral, hailed as the most mind-blowing demo in the field this year! Is it really?
What's worth watching about GENE-26.5 is the "Embodied Artificial Intelligence version of Harness + model" behind it.
5Y News | Xunming Life Sciences Closes Tens of Millions of Dollars in Series A+ Funding
Accelerating the construction of next-generation Tech-Bio agent infrastructure.
"Boundless Dynamics" Closes New Funding Round, Signs Over 500 Million Global Order with Envision Group | Linear Portfolio
The first nine-figure RMB overseas order for embodied manipulation intelligence.
Who's the World's Top FA? Not Fan Bao
"Not Fan Bao" April 27, 2026 Qiu Mu *Burying AI* If you clicked on this headline, you probably already know the answer. Allow me to formally introduce — the unicorn factory that hit a $1.3 billion valuation before its product even officially launched, the King Maker holding several "AI Douyins" and world-model projects, the benefactor of Lovart's Melvin Chen on his road to success, the Farsighted Capital that uses Wu Ma as its own Dou+. As the most accomplished player in the current meta of China's venture capital market...
Pulnovo Medical Completes $100 Million Series D Round Led by Medtronic, with Gaorong Ventures Continuing to Invest
Medtronic and Pulnovo Medical have signed a commercial cooperation agreement.
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.
After Raising $30 Million, This Company Handed the "Steering Wheel" to AI | An Interview with CREAO
AI for the Employee, or the Employee for AI?
Vol.005 | A Conversation with Gongyuan: And I Choose to Start a New Table
Yunqi Capital Backs CREAO AI's Pre-A Round with Tens of Millions of Dollars to Rebuild the Work Entry Point with Agent OS | Yunqi Portfolio
Betting on a Better Cycle
Investment and funding heat up alongside spring temperatures | Unity Ventures Spring Chronicle
Portfolio companies have raised more than 5 billion yuan in total funding.
AlphaLeads | Financial AI frontrunner Xuntu Technology (AlphaPai) closes nearly RMB 200 million Series A led by Qiming Venture Partners
Pioneer in Financial AI
"OdyssLife" Closes Nearly 200 Million Yuan in New Funding, Linear Capital Continues to Double Down | Linear Portfolio
The world's first smart wearable hardware product for dietary monitoring.
Amazon Acquires Swiss Robotics Startup "RIVR," Linear Capital Leads Its First Round | Linear Portfolio
The RIVR team will join Amazon to begin a new chapter.
5Y News｜Aikelian Biotechnology Completes $68.7 Million Funding Round
Aikelian Biotech has successfully completed an oversubscribed $68.7 million funding round.
CODE27 Raises Over $10 Million, Led by Qiming Venture Partners
Building an immersive interaction platform dedicated to exclusive AI characters.
First Hands-On With Floatboat: The One-Person Company Workflow May Be About to Change
All for One, One for All — the flow of information.
Xpeng AeroHT Raises Nearly $200 Million, Advances Flying Car Toward Commercial Mass Production
A global leader in low-altitude product innovation.
"Aviation Huitian" Secures Nearly $200 Million in New Equity Financing, Becoming Asia's Most-Funded Company in Manned Low-Altitude Flight | Xinxing PORTFOLIO
The company has raised approximately $1 billion in total equity financing throughout its history.
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.
九合创投王啸：具身智能狂热的终局，和早期投资的“模糊正确”｜九合分享
The Investment Philosophy Behind a Leading Embodied Artificial Intelligence Company
Unity Ventures early-stage portfolio company Independent Variable Robotics raises hundreds of millions of yuan in new funding within a month
Becoming the highest-valued Embodied Artificial Intelligence company to announce funding this year
Spirit AI Closes Nearly 2 Billion Yuan Funding Round! Valuation Exceeds 10 Billion Yuan | Oasis Capital Vitality
Accelerating Machines' Understanding of the Physical World
Sp.02 | A Conversation with Master Dong: The Untold Stories Behind 20 Years of Chinese Venture Capital
"Boundless Dynamics" Raises Hundreds of Millions of RMB in Angel+ Round, with Linear Capital, HSG, Hillhouse and Others Continuing to Back | Linear Portfolio
Our first-generation self-developed robotics platform has already been deployed in real-world customer scenarios.
Vol.004 | Conversation with Richard Guo: Staying Out of the Fray, But Keeping on Winning
Spring has arrived — can blossoms be far behind? | Linear Quarterly
Rather than waiting for spring, define it.
AI hardware hype has gone through the roof.
Might as well go into business for myself. --- *Note: This is a common Chinese expression, often used when someone is fed up with their current job (especially a stable but unfulfilling one) and contemplates striking out on their own — "下海" literally means "go out to sea," but idiomatically refers to leaving a secure position (often government or state-owned enterprise) to become an entrepreneur or enter business in the 1990s-2000s reform era. The tone carries a mix of resignation, frustration, and boldness.*
"Mindverse" Closes Pre-A Series Led by Ant Group, with HSG Among Co-Investors | Linear Portfolio
Using LoRA to crack the "one model, a thousand faces" challenge for large language models.
Independent Variable Robotics' Qian Wang: China will produce the world's top embodied AI company, aiming to be the OpenAI of embodied intelligence | Founders Talk
Lands the Year's Biggest Robot Funding Round to Date
Pulmongene Announces FDA Approval to Launch Phase IIb Clinical Trial for PMG1015, Achieving Major Milestone | Unity Ventures Portfolio
Establishing a leading position at the forefront of biopharmaceutical innovation
Smart glasses maker INMO closes C1 round, its third in a year | Unity Ventures portfolio news
Total funding raised: nearly 500 million yuan
Dancing with Love, Zhang Huaiting: Staying a Calm "Value Builder" Amid the AI Hype
Make decisions toward your goals, not away from your difficulties.
OMOWAY Founder He Tao: The Second Half of Life, Riding the Wave of Next-Generation Intelligent Mobility
There's nothing more thrilling than starting a company.
A Conversation with Huaiting Zhang of Yuaiweiwu: The Veteran Founder Who Doesn't Take Detours | BlueRun Ventures Family Spotlight
"Founders never truly fail."
"Independent Variable Robotics" Raises 1 Billion Yuan in A++ Round | Yunqi Capital
Building Foundation Models for the Physical World
Star Ring Energy Completes 1 Billion Yuan Series A, Setting New Record for Single Round in China's Private Nuclear Fusion Sector | Unity Ventures Portfolio News
Largest Fusion Energy Deal of the Year
Independent Variable Robotics Raises $1 Billion from ByteDance, HSG, and Others to Build Foundation Models for the Physical World
The only embodied artificial intelligence company in China to have received investment from all three major tech giants — Meituan, Alibaba, and ByteDance
MiniMax Goes Public: The $1.5 Billion Fundraising Blitz, 15 Reasons Investors Bet on It, and How Long Each One Lasts
One Year in AI, Five Years on Earth
A New Map of the World Is Unfolding | Unity Ventures New Year Edition
The Old Rules No Longer Apply, a New Continent Emerges
Sp.01 | Debriefing China's Primary Market in 2025 (Ft. Crossroads)
AI Companion Sales Leader: 120,000 Units in Six Months — Fuzozo Founder on 10 Key Decisions | A Conversation with Robint Intelligent Technology's Sun Zhaozhi
In the AI companionship space, there are only two cards that truly constitute core competitive moats.
ONE2X Closes Series A, Officially Launches Conversation-Centric Video Creation Tool Medeo | Unity Ventures Portfolio
At Medeo, Talking Your Way to a Great Video
Investing in 50 AI Companies a Year; What Was I Thinking When None of Us Knew the Answers? | A Conversation with Jie Yang: Founding Partner of Jinqiu Fund
The moment the wind picked up.
Monolith Portfolio Company MetaX Lists on STAR Market
We have deep conviction in both the explosive growth potential and long-term staying power of China's domestic computing power market.
Leaving ByteDance to Go All-In on AI: Why Jinqiu Fund Isn't Called "Jie Yang's Jump" | AI Deadlock
Don't overgeneralize.
Innovation Often Happens Where No One Has Gone Before | 5Y News Monthly
The big news from last month.
The Last Mile Delivery's Ultimate Answer May Be a Pack of Robot Dogs from Switzerland | Linear Voice
A robot needs to deliver added value to the customer.
Hypershell Raises $70 Million, Oasis Capital Increases Its Stake | Oasis Vitality
Counselor Vitality / Counselor on Vitality (Note: This appears to be a title or heading without surrounding context. "参赞" can mean "counselor/advisor" or "to participate in and assist," while "生命力" means "vitality/life force." The interpretation depends on context — it could be a role title like "Counselor on Vitality," a section header like "The Vitality of Counselors," or a verb phrase like "Contributing to Vitality." Additional context would help determine the precise rendering.)
5Y News｜Hypershell Raises $70 Million in Pre-B and Series B Funding
Leading the Consumer Exoskeleton Into a New Era
Hypershell Raises $70 Million Across Two Funding Rounds
Empower people to act, and expand the horizons of their world.
What Did He See? | A Conversation with Zhang Fan: Former COO of Zhipu AI, Founder/CEO of Yoolee AI — Why He's Convinced AI's Opportunity Lies in ToB
"Treat AI as a person.
"Dealism" Closes Angel Round of Over 100 Million Yuan Led by Hillhouse, with HSG and Linear Capital Participating | Linear Portfolio
The world's first Vibe Selling AI Agent company.
"Boundless Dynamics" Closes 300 Million Yuan Series A, Co-Led by HSG and Linear Capital | Linear Portfolio
Focus on the R&D and iteration of foundation models driven by high-value scenarios.
Elsewhere News | Neolix, LiblibAI, and others close landmark funding rounds, setting new industry records
"AI is the biggest variable in the future."
BlueRun Ventures Leads Oversubscribed RMB 100M+ Round in Weina Core Chip | BlueRun Portfolio
Every major transformation in human social organization has been triggered by technological innovation.
LiblibAI Closes $130 Million Series B, Leading the Multimodal Creation Platform in the AI Era
The largest single financing round in China's AI application sector so far in 2025.
MaHui Member LibLibAI Raises $130 Million in Funding; Existing Investor Source Code Capital Continues to Increase Stake
The Largest Single Funding Round in China's AI Application Sector in 2025
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.
The SpaceX of Pharma: Caida Lai's Nanorocket
Only those with fire in their eyes can build rockets.
The Next Billion-Dollar Track After Short Dramas: This AI Company Is Already the Market Leader | A Conversation with Miao Zhuang, Founder of Jellyfish Intelligence
After raising 100 million RMB from top-tier investors, it abruptly abandoned its core business and went all-in on "AI manhua dramas" — an atypical pivot for an AI startup.
"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
Independent Variable Robotics Raises Nearly 1 Billion Yuan in Series A+ Round, Open-Sources End-to-End Embodied AI Foundation Model WALL-OSS
Alibaba Cloud Makes Its First Move Into Embodied Artificial Intelligence
BlueRun Ventures Leads Investment in Yingmu Technology's New Tens-of-Millions USD Funding Round | BlueRun Portfolio
Folding Vision into 3D
Haivivi Closes 200 Million Yuan Series A Round, Set to Launch Industry's First End-to-End AI Toy | BlueRun Portfolio
Bring Toys to Life
"RIVR Partners with Europe's Largest Food Delivery Platform Just Eat Takeaway to Revolutionize AI-Powered Autonomous Delivery" | Linear Portfolio
Already providing real order delivery services for local restaurants in Switzerland.
MiAO Secures Over 100 Million Yuan Investment from X.D. Network
Core focus: high-DAU evergreen games
Yunqi Capital | "Creao AI" Closes Two Consecutive Rounds of Tens of Millions of Dollars in Funding, with Yunqi Capital as Sole Angel Round Investor
Agentic OS Unlocks a New Paradigm for Agent Collaboration
Gen Z Built a "Chinese Product Hunt": Can Guancha Rebuild Trust in AI Products?
Too much hype, too many lies — can an AI review community that just wants to tell the truth actually work?
An Agent Infra Founder with $25M ARR Says: We're at 6:05 AM on Day One of the Agent Era | A Conversation with William Du of Xiaosu Technology
What Opportunities Has the AI Agent Boom Created for Upstream and Downstream Industries?
Concentric Medical Raises Over $100 Million in Strategic Funding to Take China's Full Maglev Artificial Heart Global
Gaorong Ventures co-led the round.
Yuaiweiwu Lin Wang: From Education Going Online to Going Intelligent — When Will the AI-Powered All-Capable Personal Tutor Arrive? | Gaorong Future
"Yuaiweiwu" — dancing with love, and dancing with AI.
Starting from Five Investments in Manus's Red Xiao: A Conversation with ZhenFund Partner Yuan Liu on How His Read of People Has Evolved
I think the market is at its best right now.
Haawking Technology Closes Pre-B+ Round to Accelerate RISC-V DSP Chip Innovation and Adoption | Unity Ventures Portfolio News
From DSP core to algorithms, fully self-developed; multiple models in mass production and delivery.
Xi Cao of Monolith Named to Forbes 2025 Midas List
First-time appearance on the list thanks to early-stage investments in Kuaishou and Unitree
MaKe | Zhonghai Energy Storage, a MaHui member, closes over RMB 100 million Pre-A++ round
How many steps does it take to become a "down-to-earth" AI founder? From Google X researcher to building a product that hit $1M ARR in six months | A conversation with Vozo founder Changyin Zhou
Changyin Zhou's Journey Fusing Technology and Business
Noematrix, an embodied intelligence company, has completed a Pre-A++ funding round of several hundred million RMB, with Yunqi Capital participating | Yunqi Capital
Advancing the Large-Scale Commercial Deployment of Embodied AI
A Conversation with Haivivi's Li Yong: How to Build a Jellycat with AI and Hit Ten Million RMB in Monthly Revenue | BlueRun Ventures Family Headline
AI + Plush Toys + Emotional Value = BubblePal
Renjie Guo's AI Hardware Startup Lxson Closes Nearly RMB 200 Million Angel Round | Oasis Capital
Counselor Vitality / Counselor on Vitality (Note: "参赞生命力" appears to be a title or phrase without surrounding context. "参赞" can mean "counselor/advisor" (a diplomatic title) or "to participate in and assist." "生命力" means "vitality" or "life force." If this is a book title or article heading, it could be rendered as *Counseling Vitality* or *On Vitality* depending on the author's intent. Additional context would help determine the best translation.)
Lxson Raises Nearly RMB 200 Million in Angel Round, Co-Invested by Monolith
Embrace the best technology and the best partners
As the year draws to a close, five companies secure new funding to carry momentum into 2025 | FreeS Family Funding News Vol. 21
Looking forward to working alongside more outstanding founders.
Taking Gems From Fire — Linear Capital's 2024 Year in Review
2024 is coming to a close. I'd like to borrow the theme from our annual meeting in October to summarize this year: *Taking Gems From Fire* — a fitting description of Linear Capital's work this past year.
Linear Capital Pre-Seed project Swiss-Mile closed a $22 million seed round, led by Bezos Expeditions and HSG.
Existing investor Linear Capital continued to increase its stake in support.
Zhilin Yang: The Man Who Got Alibaba and Tencent to Team Up
Call me by your name.
When I Was One Step Away from the Founder | Z Talk
Ostrich Club Members' Entrepreneurial Stories, Revealed for the First Time Ever.
5Y News | 5Y Capital Portfolio Company METiS Pharmaceuticals Closes $100 Million Series C Round
Focused on "AI-powered drug delivery."
First Step of a Massive Undertaking: miHoYo-Backed Fusion Company Ignites Plasma | BlueRun Ventures Headlines
It's the first step, and a significant one at that.
GYPF分享｜From Postdoc to Entrepreneur Who Closed Two Rounds in One Year: Rewell Vision Founder Yuanbo Deng on Tech Entrepreneurship
At the end of 2023, Linear Capital launched the [GYPF Global Young PhD Fellow](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652305595&idx=1&sn=09e45be81b9f48e5eb3e34d9b0a2
Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
Looking Back at 2023: The World Has Really Changed
These people and events reshaped 2023 — and will shape the years ahead.
Linear Capital Leads RVision's Angel Round; Company Secures Back-to-Back Investments from HSG and Xiaomi to Build Next-Generation HUD
Secured multiple mass-production designated projects.
BlueRun Ventures | BlueRun Ventures Leads PowerLaw AI's Nearly RMB 80 Million Pre-B Round
Continuously exploring the boundaries of large language model capabilities and new legal service models
The Investor Who Made the Most Money Off Pinduoduo
"Though millions may oppose me, I will go."
DPI > 1 — it's a magic spell.
Before taking responsibility for a new world, GPs must first answer to their LPs.
The Most Controversial Hugo Award Winner: Hai Ya and the Dreams of Ordinary People
He remains a dedicated account manager.
Southeast Asia Investment Finally Has a Success Story
A Resolute Choice
Unicorns, multiple funding rounds, products already deployed across multiple industries... Ten portfolio robotics companies showcase at Linear Capital's general-purpose intelligent robotics event
Professor Jianwei Zhang, academician of the German National Academy of Science and Engineering and the Hamburg Academy of Sciences and Humanities in Germany, was invited to share his insights.
Drip Capital Under Scrutiny: Is This a True-or-False Question, or a Multiple Choice?
A Cure or a Poison for Equity Investment?
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
Entrepreneurship is a climb where the journey itself is the reward.
The journey is the reward.
Monolith's Xi Cao and His Eleven Musketeers
Starting a business is like climbing a mountain — the meaning lies in the climb itself.
Exclusive | Coatue Invested in Ba Wang Cha Ji — Can Dollar Funds Still Go Another 15 Years?
The Current Survival Reality of USD Funds.
MONOLITH砺思资本｜Riding with Great Tech Companies
Think to know, and temper through action.
200 Days of Frenzy: China's LLM Wars Stuck in a Stalemate
Consensus can form quickly — and dissolve just as fast.
In the long winter of consumption, Hongshan wants to snap its fingers and find resonance.
Sparks mark the beginning of the next cycle.
When Professors Leave the Ivory Tower: Gold Mines, Chasms, and the Fame Game
Faced with a chasm, there will always be those who take the leap.
Code Moment | DeepWise Closes Hundreds of Millions of RMB in Series A and A+ Rounds, Existing Shareholder Source Code Capital Continues to Increase Stake
Building Next-Generation Deep Energy-Saving Intelligent Control Products and Solutions
"You're only 36. You can be anyone you want to be."
Never stop moving forward.
Hongshan Healthcare Investing: 17 Years From the Sidelines to Center Stage
Going earlier and deeper has become a defining feature of Hongshan's healthcare investments.
Backed by HSG and Linear Capital, Former Tencent Executive Builds Virtual Concerts Drawing Nearly Ten Million Views
Steve Jobs once said: "The low-bandwidth era transmits information; the high-bandwidth era may transmit emotion."
After-sales Bao Named to "China Future Unicorns Top 100" Again | Oasis Vitality
Counselor on Vitality --- *Note: "参赞" is an archaic/poetic compound meaning "to assist and counsel" or "to participate in planning," drawn from classical Chinese (e.g., the *I Ching* phrase "参赞天地之化育" — "to assist in the transforming and nourishing powers of Heaven and Earth"). Without additional context, this appears to be a title or thematic phrase, possibly from a literary, philosophical, or wellness-related source. If this refers to a specific article, product, or project, please provide more context for a more precise translation.*
JD.com Industrial Completes $300 Million Series B to Drive Intelligent Transformation of Industrial Supply Chain | Yunqi Capital
Using Digital Intelligence to Drive Supply-Side Smart Supply Chain and Manufacturing Upgrades
3D Real-Time Interactive Virtual Event Platform "Bizhen Technology" Raises Tens of Millions in Funding, with Linear Capital Leading Angel Round
36Kr has learned that **BIZEN Technology, a 3D real-time interactive virtual events platform, announced it has completed two consecutive funding rounds — an angel round and an angel+ round — totaling tens of millions of RMB, with Linear Capital, HSG, and Cathay Capital as investors.** The funding will be primarily used for product iteration and market expansion.
Silicon Valley Bank, a fixture in venture capital for four decades, couldn't survive 40 hours of market panic.
China's venture capital world had a night of shock and panic.
"Whatever one man can imagine, other men can make real" | 5Y News Monthly
The major events from last month.
Hongshan Seed Deploys Another $480 Million, Early-Stage Investing Is About to Get Even More Crowded
What Should Seed Investing Look Like in a New Cycle?
5Y News | 5Y Capital Portfolio Company "Nowcoder" Closes $50 Million Series B Funding
Powering the full lifecycle of campus recruiting — from sourcing to onboarding.
The ChatGPT Tsunami: Mindverse, an AGI Startup Riding the Wave
In the span of roughly a month, AI giants have staged one blockbuster showdown after another, transforming many overnight from "having a vague sense of what AI is" to "harboring vivid imaginings of AGI" (artificial general intelligence). The spectacle traces back to ChatGPT, launched by OpenAI in early December 2022. Even OpenAI, the architect of this explosion, didn't anticipate hitting 100 million monthly active users in 60 days — a milestone that caught CEO Sam A
Exclusive | SHEIN Nears Completion of New Funding Round at Valuation Below $70 Billion
A future showdown between SHEIN and Temu is inevitable.
Monolith Capital, alongside great technology companies
Monolith is an investment management firm co-founded in 2021 by Xi Cao, formerly a partner at Sequoia China, and Tim Wang, formerly a partner in the public markets team at Boyu Capital. Monolith covers both private and public markets, including its current VC fund and a previously high-performing debut hedge fund. **Monolith's assets under management have reached nearly $800 million.**
Conversations with 29 Tech Investors: There Are Treasures, But No Treasure Map
Investing in tech is definitely the right call, but consensus remains scarce.
The Toughest SaaS Market and Its Hottest Winner: How Sensors Data Built a Product with Nearly 100% Renewal Rate at a Billion-Dollar Valuation
](https://mp.weixin.qq.com/mp/appmsgalbum?__biz=MzU5MTY4NDQwNA==&action=getalbum&album_id=2230864849192976388#wechat_redirect)
Three Barometers for the Primary Market, for Your Reference
The bilateral order of the primary market is being restructured on both sides.
Hebin Intelligence: Pioneering a 7-DOF Ultrasound Robot to Build a Full-Chain Intelligent Ultrasound Diagnosis and Treatment Service Platform Covering Scanning, Diagnosis, and Treatment
At the recent final round of the "2022 Straight to Wuzhen" Global Competition, dark-horse contender **Hefei Hebin Intelligent Robot Co., Ltd. ("Hebin Intelligent")** in the intelligent ultrasound robotics field outperformed the competition to take second prize, emerging as a rising star in the digital healthcare track.
MaHui | Zhonghai Energy Storage Closes Two Consecutive Rounds Worth Hundreds of Millions of Yuan, Source Code Capital Leads PreA+ Round
Flow Batteries Could Solve China's Energy Storage Safety Problem
We Analyzed 1,000 LP Commitments and Found 30 Hidden Top Family Offices
They are also a microcosm of China's commercial evolution.
That night belonged to Saudi Arabia, not to the Chinese funds raising capital in the Middle East.
For most Chinese funds, the Middle East remains uncharted territory.
Mindverse, a Linear Capital angel-round project, secures nearly 100 million RMB in consecutive funding rounds with Linear Capital doubling down
Released the AI character generation engine MindOS.
From the Big League to the Niche: The Glory Days of a Generation of Chinese VCs
How they will rethink fame, cycles, and investment.
Bishijia Technology Closes Nearly RMB 200 Million Series C Round, Unveils Next-Generation Intelligent Operations Product Suite
Accelerate the deployment of intelligent operations platforms across more industries.
Linear Capital-led angel round project "Zion" closes HSG Pre-A funding, with existing backer Linear Capital doubling down
Third-generation no-code products are transforming industries.
Linear Capital Wins 36Kr's "Most LP-Recognized Early-Stage Investment Firm"
On September 21, 36Kr hosted the 2022 "China Fund Partners Summit" in Hangzhou, where 36Kr Research Institute released its LP-GP survey series — now in its fourth consecutive year, dedicated to identifying noteworthy investment institutions and their backers in the market. **In the "White Horse / Dark Horse" series, Linear Capital was named the 2022 "Most LP-Recognized Early-Stage Investment Firm in China."**
Source Code Capital | Guangmi Li: Choosing Entrepreneurship Was My Leap of Faith
Code Moment | Leap of Faith Live: From Gunner to Sailor — How to Drive the Great Voyage of Tech
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.
Two Decades of RMB Funds: Between Life and Death
Are USD Funds in Trouble? Is It the RMB Funds' Turn to Make a Move?
Linear News | Linear Capital's Angel Round Lead "Baoxiaohe" Closes Nearly $10 Million Series A, with Existing Investor Linear Capital Continuing to Increase Support
Build an overseas version of a 3D packaging design platform.
Global E-commerce SaaS Platform Dianxiaomi Raises $110 Million in Series D to Accelerate International Expansion
The platform has served more than 1.5 million users worldwide and processes over RMB 350 billion in annual order transaction volume.
Wire News | Targeting Pain Points in New Energy Vehicle Charging, State Grid Shunneng Pioneers the MPS Solution
At the end of July, Gotion Shunneng announced a multimillion-yuan angel round from Linear Capital and HSG, aiming to apply new-energy vehicle technology to build safe, efficient MPS (Mobile Power Supply) products. The following interview with the company offers a detailed breakdown of what MPS is, its advantages and prospects, and Gotion Shunneng's roadmap — recommended reading.
Code Moment | VR content studio "Bifurcation Point Network" announces two consecutive funding rounds totaling tens of millions of RMB, with Source Code Capital as the sole seed-round investor
Deep cultivation of virtual reality communities --- Or if this is a heading/phrase describing a strategy: **Deep-Rooted in VR Communities** Or more naturally in a sentence context: "deeply embedded in virtual reality communities" / "taking root in VR communities" --- Without additional context, the most natural English rendering would depend on usage: - As a company positioning: **"Deeply rooted in VR communities"** - As a strategy description: *"doubling down on virtual reality communities"*
Taking the Next Step This Summer: 7 Companies Announce Funding | FreeS Family Funding News · Vol 11
Walk alongside more outstanding founders.
"6th Future Healthcare 100" Roundtable: Investing in Future Healthcare — How to Nurture World-Class Innovative Enterprises?
VBData's "6th Future Healthcare 100 Conference" took "China Story" as its theme. During the heavyweight panel discussion, titled *Investing in Future Healthcare: How to Support the Emergence of World-Class Innovative Companies*, six investment firms gathered to debate how China can continue producing world-class innovators and lead at the global frontier.
"Guoguang Shunneng" Raises Eight-Figure Angel Round from Linear Capital and HSG to Build Safe, Efficient Mobile Power Station Products Using New Energy Vehicle Technology
Dedicated to providing users with seamless, "unfelt" wireless charging services.
Linear News | SynBio Startup "Biosys" Secures Two Funding Rounds in Six Months, Linear Capital Leads Angel Round
"Besheng Bio's" long-term goal is to build a complete biotech ecosystem based on the ArchiCel architecture — in essence, to create the Windows + x86 equivalent for the biotechnology industry.
Biosys Biotechnology Closes Angel Round, Total Funding Exceeds 100 Million Yuan | Oasis Capital
Counselor Vitality
MaHui Founder | Post-90s Entrepreneur Zhang Junbin: Building Transformative Products, Pursuing Zero-to-One Value
MaKe | MaHui Member "Deep Intelligent Control": HVAC Energy-Saving SaaS Technology Powers Dual-Carbon Goals
Linear News | AI Frontier Tech Startup Mindverse Raises Angel Round in the Tens of Millions, Led by HSG with Co-Investment from Linear Capital and K2VC
The MindOS framework endows AI with associative mechanisms, enabling enterprises to deploy customized virtual minds.
ProfoundBio Closes $70 Million Series A+ Round to Advance Novel Antibody-Drug Conjugate Clinical Development
Accelerate preclinical development across multiple pipelines while further deepening and expanding the ADC innovative technology platform.
Chips, Energy Storage, and LiDAR Accelerate Commercialization; Robotics and SaaS Expand Globally | Rongbao · May
Sailing through the waves, striving upstream.
June, Vitality | 5Y News Monthly
The big news from last month.
New Tracks, Interdisciplinary Fields, Down-Market Expansion, Data Infrastructure... Four Companies Raise Nearly 1.2 Billion RMB in Funding | FreeS Family Funding News · Vol 10
Looking forward to working alongside more outstanding founders.
MaHui | Source Code Capital's Xingchen Zhang Named to Cyzone's 40 Under 40 Investors List
"Finding tech founders full of conviction"
Spring Comes Quietly to Guomao
For China's investment industry at this moment, the eerily quiet Guomao feels like a metaphor.
Quantum Computing, 3D Sensor Chip Companies Secure New Funding; New Brands, Robotics, and Healthcare Firms Advance Globally | Rongbao · April
Summer begins, and all things grow.
5Y News | Sensors Data Closes $200 Million Series D Round
Boost efficiency through scientific methods.
Investors in the Wheat Field
A Nerve-Ending-Style Descent into the Investment World: Into the Fields and Countryside.
Huayi Quantum Raises Over 100 Million Yuan in Angel Round, Focused on Ion-Trap Quantum Computing
Gaorong Ventures led the round.
5Y News | METiS Pharmaceuticals Closes Two Consecutive Rounds Raising $150 Million Total
Become an industry innovation leader.
5Y News | Xmov Raises $130 Million to Build Metaverse Infrastructure
Achieving scale, interactivity, and intelligence in metaverse content.
Code Engraved | METiS Pharmaceuticals Announces Two Consecutive Rounds totaling $150 Million
The most advanced pipeline programs are expected to begin pivotal clinical trials in 2023.
Multiple cutting-edge technologies lead globally — 3D interaction, LiDAR, chips, and medical innovation continue apace | Rongbao · March
Keep learning and evolving through the long cycle of sustained innovation.
April: Imagination Is the Courage with Which We Face the World | 5Y News Monthly
The big news from last month.
Shouhoubao Raises 100 Million RMB in Series A1 and A2 Funding | Oasis Capital Vitality
Cultivating Fertile Ground in After-Sales Service
Source Code Capital Portfolio | "Xuanjing Security" Announces Completion of Hundreds of Millions of RMB Series B Financing Led by Source Code Capital
Deep coverage of the enterprise security market
A grain of sand for the era, a mountain for USD funds
To survive in an era of sweeping change, keeping your eyes on the ground is never enough — you have to look up at the sky too.
5Y News | XVERSE Completes $120 Million Funding Round
Define your world.
XVERSE Raises $120 Million to Build Next-Generation One-Stop Platform for 3D Content Production and Consumption
Everyone is free to "define your world."
Global SaaS, New Brands, and Biopharma Companies Close New Funding Rounds | Rongbao · February
The vitality of spring.
4 Companies Raise Nearly 2 Billion RMB in Total | FreeS Family Funding News · Vol 8
Walk alongside more outstanding founders.
February: When the Tiger Roars, the Wind Rises | 5Y News Monthly
The big news from last month.
Taichi Graphics Raises $50 Million in Series A Funding Led by Source Code Capital
Dedicated to empowering every ordinary person to create their own digital world.
Li Xiang, Founder of Shize Biotech: The Latest Intersection in Biotechnology — The Spring of Stem Cell Therapy | 2021 FreeS Fund Annual Investor Summit
How much longer until stem cell therapy brings hope to patients with serious diseases?
Gaorong Monthly · December | Gaorong Ventures and Its Frontier Tech / Consumer / Healthcare / Enterprise Service Portfolio Companies Win Multiple Annual Awards
Its technological and innovative capabilities have won recognition.
2022, the Door Opens to the Future | 5Y News Monthly
The big news from last month.
5Y News | Hyperparameter Tech Closes $100 Million Series B to Build "Living AI"
Redefining the relationship between AI and humans.
Hyperparameter Raises $100 Million in Series B Funding to Build Living AI
Dedicated to building out the full "gaming + tech + social" pipeline.
5Y News | No-Code Collaboration Platform "Treelab" Closes Tens of Millions of Dollars in Series A Funding
Empowering enterprises' digital transformation.
5Y News | Huoban Cloud Completes $40 Million Series B+ Round
Empower more small and medium-sized enterprises to achieve deep digital transformation.
5Y News | Moore Threads Completes Series A Funding, First Domestic Full-Function GPU Successfully Developed
The Infrastructure of the AI Era
Source Code Capital portfolio company Jianhai Technology announced the completion of a 500 million RMB Series B+ funding round, with existing shareholder Source Code Capital continuing to increase its stake.
The "Baike Thousand Courtyards" initiative is about to launch.
Gaorong Monthly · October | Gaorong Ventures Named Among Zero2IPO's Top 10 VC Firms of the Year; Nuro Closes Major Series D Round
Autonomous driving, healthcare, and chip sectors see new funding rounds; Genki Forest unveils "Triple Zero Factory" strategy; Dingdong Maicai stabilizes prices and ensures supply.
November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
Xingji Announces Completion of Hundreds of Millions of RMB in Series A Funding, Focused on Innovation in Digital Implementation EDA Products
Dramatically improves chip design efficiency and helps enable first-time-right, rapid volume production.
5Y News | Xpeng Motors announces completion of over $500 million Series A funding round
This marks the largest single funding round to date in Asia's low-altitude manned aircraft sector.
Source Code Capital portfolio company StreamNative announced the completion of a $23 million Series A funding round, with existing shareholder Source Code Capital continuing to increase its investment.
Driving sustainable development in open-source communities and helping enterprises achieve digital transformation.
Jellyfish Intelligence Raises 70 Million Yuan in Series A Led by Source Code Capital
Let everyone enjoy the beauty of design through AI intelligence.
7 Companies Raised Nearly 1.5 Billion Yuan, 4 Valued Above 1 Billion Yuan | FreeS Family Funding News · September
Every step of growth for an innovative company: from 0 to 1, from 1 to 10, and from 10 to 100
5Y News | ClickPaaS Announces Completion of Tens of Millions of Dollars in B+ Round Funding, Doubling Down on Low-Code Ecosystem Development
Accelerate enterprises' digital transformation.
October is full of hope and fervor | 5Y News Monthly
The major events from last month.
Source Code Capital portfolio company Mech-Mind raises 1 billion yuan, with existing investor Source Code Capital continuing to increase its stake
Make intelligent robots ubiquitous.
Source Code Capital portfolio company HAI ROBOTICS raises over $200 million across two rounds, with existing shareholder Source Code Capital continuing to increase its stake
Accelerating its global expansion, the company's operations now span more than 30 countries and regions across five continents.
5Y News | Hai Robotics Announces Two Rounds of Funding Exceeding $200 Million, Bringing Logistics Robots to Every Factory and Warehouse
A global leader in carton-based autonomous mobile robot (AMR) systems for warehouse automation.
Biotech Firms Raise Nearly 4 Billion Yuan, Consumer Companies Land Over 1.4 Billion | FreeS Family Funding Roundup · August
We've also released three short videos this week — follow us to check them out.
September, When Hope Will Break Through Like the Sun | 5Y News Monthly
The big news from last month.
5Y Capital Portfolio Company Shukun Technology Announces New 700 Million Yuan Funding Round | 5Y News
Digital human platforms are penetrating deep into healthcare scenarios.
Chemical.AI, an intelligent chemical synthesis platform, announced the completion of a nearly $15 million Series A+ funding round led by Source Code Capital.
Dedicated to solving new drug synthesis problems through artificial intelligence and chemical big data
As Fierce as August | 5Y News Monthly
The big news from last month.
5Y News | AgileX Robotics Completes Series A Financing to Accelerate Deployment of Mobile Robot Industry Application Solutions
5Y Capital is optimistic about AgileX Robotics's continued innovation and iteration capabilities, and looks forward to the company evolving into a platform enterprise for mobile robots.
5Y News | Synthetic Biology Company Bota Bio Raises Over $100 Million to Accelerate Efficient Design and Scaled Production of Bio-based Products
5Y Capital continues to pay close attention to emerging technologies at the intersection of information science and life sciences.
Synthetic biology company Bota Bio (Enhe Biotechnology) announced the completion of a Series B funding round exceeding $100 million, with existing shareholder Source Code Capital continuing to increase its stake.
Accelerating the design and production of high-performance, sustainable products through synthetic biology.
FreeS Family Funding News · June | Saturnbird, Shize Biotech, and Light Travel Secure Funding
We also released two short videos this week — follow us to check them out.
5Y News | Neox Biotech Completes Tens of Millions of Dollars in Series A+ Funding to Advance Innovative Drug Pipeline
5Y Capital continues to provide support.
Rongbao · June | BOSS Zhipin and Dingdong Maicai successfully go public; medical, industrial upgrade, and chip companies close new funding rounds
Xingji, Dongjing Yiwan, Qitan Technology, and other companies have completed new funding rounds.
EDA digital implementation solutions provider Xingji announced the completion of a Pre-A funding round worth several hundred million yuan.
Where the chip leads, there we go — together, forging a new era of digital intelligence.
The past has become the future, the future has become the past, and both have become the present | 5Y News Monthly
What major events happened last month?
Rongbao · May | Pinduoduo Enters the Era of 800 Million Users, Waterdrop Inc. Debuts on the NYSE
Meeting the needs of China's vast user base for a better life.
Censoft Technology Completes A+ Round to Accelerate Hospital Smart Management Business
Focused on hospital economic operations management.
Source Code Capital portfolio company YQN Logistics announces completion of $100 million Series D1 funding round, with existing shareholder Source Code Capital continuing to increase its stake
After six years of rapid growth, the platform now serves approximately 20,000 enterprise clients, with projected shipping volume expected to reach 700,000 TEUs in 2021.
XinYaohui, a leading chip IP company, has raised over 500 million yuan in its Series A round, led by Gaorong Ventures.
Empowering China's integrated circuit industry upgrade through innovative IP technologies.
Rongbao · April | Solid-state LiDAR leader Innoviz goes public; Genki Forest and Dingdong Maicai close new funding rounds
Major Events in April
5Y News | Buddy Leads the No-Code Digital Transformation Market with $17 Million Series B Round
A no-code app builder and data collaboration platform.
Source Code Capital Portfolio Company Mech-Mind Closes Hundreds of Millions of RMB Series C Led by Meituan, Existing Shareholder Source Code Capital Continues to Increase Stake
Smart industrial robot solutions have already been deployed across automotive, home appliances, steel, food, logistics warehousing, healthcare, banking, and many other sectors.
Genki Forest Completes New Strategic Funding Round, Charts Four Paths to Build "Genki Forest of the World"
Build out the full value chain to integrate R&D, manufacturing, and sales, and capture the opportunities created by the rise of China's new generation of young consumers.
Legal tech company PowerLaw AI announced the completion of a nearly 60 million yuan Series A funding round, led by Source Code Capital.
Using Technology to Make Legal Services Better and More Accessible
Source Code Capital portfolio company Jianhai Technology announced the completion of a 150 million yuan Series B investment, with existing shareholder Source Code Capital continuing to increase its stake.
Dedicated to advancing post-diagnosis disease management systems for patients, it has already partnered with more than 1,000 hospitals.
Source Code Capital portfolio company "Julive" announces completion of RMB 400 million Series C+ funding round, with existing shareholder Source Code Capital continuing to increase its stake
Operations span seven major urban clusters across 37 cities, having served more than 3 million households in total.
To Better Kick Off March | 5Y News Monthly
The major events of February.
5Y News | GPU chip design company Moore Threads raises billions of yuan in funding within 100 days of founding
Building China's computing acceleration platform.
Chip IP Company XinYaohui Closes Angel and Pre-A Rounds Totaling Over 400 Million Yuan | 5Y News
Accelerate chip innovation.
XinYaohui Closes Two Rounds Raising Over 400 Million Yuan to Develop Advanced-Process Chip IP and Accelerate Chip Innovation
Developing advanced-process chip IP products and solutions through independent R&D, bringing new luster to China's semiconductor industry.
Surging 200% on Day One, Peak Market Cap of $9.2 Billion | Oasis Vitality
Oasis Capital Celebrates Its First IPO
5Y News｜Neox Biotech Completes $30 Million Series A Round, 5Y Capital Continues Support
Exploring the most cutting-edge drug modalities.
5Y News | Shukun Technology Secures Another 590 Million Yuan in Funding, 5Y Capital Continues Its Support
Shukun Technology Raises Another 590 Million Yuan in Funding, Accelerating Medical AI Value Realization with Triple-Class Certification and Capital Backing
Let's meet today — I'll be waiting for you at the Shenzhen office!
Source Code Capital's Shenzhen office is now officially open, embedding itself at the cutting edge of South China's tech innovation and riding the new wave of smart manufacturing!
Source Code Capital portfolio company CassTime raises $35M in Series C3 round led by returning shareholder Source Code Capital
One-stop auto aftermarket industrial internet platform & industry solutions.
FreeS Fund Wins Multiple Awards from 36Kr, Jiemian, Sansheng, and Lieyunwang | Frees Fund Vol.5
Do what is right, not what is easy.
Source Code Capital Portfolio Companies Mech-Mind Robotics, HAI ROBOTICS, and Haochezhu Huzhu Named to The Information's 2020 TI50 List
Eleven Chinese companies made the list, with three portfolio companies from Source Code Capital among them.
Source Code Capital portfolio company METiS Pharmaceuticals announced the completion of angel+ and Pre-A funding rounds totaling over 100 million yuan, with existing investor Source Code Capital continuing to increase its stake.
It was the first to propose building an AI-driven formulation development platform, jointly advancing new formulation drugs to clinical trials.
SCRM Service Provider Dustess Announces Completion of Series A Funding Led by Source Code Capital
Serving more than 30 industries and over 5,000 enterprises, enabling intelligent and precise private-domain marketing.
Source Code Capital portfolio company WANGBAOBAO announced the completion of a Series C financing round worth several hundred million yuan, with existing shareholder Source Code Capital continuing to increase its stake.
Leveraging brand momentum to continuously break into new circles, it has already covered over 10,000 offline retail terminals, with offline sales accounting for 40% of total volume in a single month.
Visual inspection technology company Dinnar announced the completion of a Series B financing round worth hundreds of millions of RMB, led by Source Code Capital.
Dedicated to providing machine vision inspection solutions, with coverage across 3C, automotive, 5G, display panel, semiconductor, and other vertical scenarios.
Source Code Capital portfolio company GalaxySpace announces new funding round, with existing shareholder Source Code Capital continuing to increase its stake
GalaxySpace, the first unicorn in China's commercial aerospace and satellite internet sectors, has now entered the final assembly phase for its second self-developed broadband communications satellite.
Mech-Mind Robotics announced the completion of a nearly RMB 100 million Series B+ funding round, jointly invested by Source Code Capital and HSG.
Focused on the R&D of AI-enabled intelligent solutions for industrial robots, it has become one of the fastest-growing and largest startups globally in the AI + industrial robotics space.
Bishijia Technology Completes Series B Funding to Upgrade Next-Generation AIOps Products
Leveraging artificial intelligence to transform IT operations, building world-leading intelligent operations (AIOps) products.
Morning Star Portfolio Company "Nuoxin Chuanglian" Closes New 200 Million Yuan Funding Round | Light Moments
Nexon Healthcare, which builds digital bridges between pharmaceutical companies and doctors, has raised 200 million RMB in a new funding round.
Morningside-backed XtalPi raises over $300 million in new funding | Light Moments
5Y Capital has long been bullish on the application of computational science in the life sciences, hoping that the convergence of IT and biotechnology will soon usher human health into a new era.
Cloud-native distributed messaging system "StreamNative" announced the completion of a multi-million-dollar Pre-A funding round led by Source Code Capital.
Numerous major internet and traditional industry companies, both domestic and international, have already adopted Pulsar.
Source Code Capital Portfolio Company CassTime Announces $50 Million Series C2 Funding Round, Source Code Capital Co-Led Series C1
The business has expanded to 366 cities nationwide, serving 1.5 million vehicles per month.
Source Code Capital portfolio company Cloud Whale announced the completion of its Series C funding round, with existing investor Source Code Capital — which led its Series B — increasing its stake.
Developed the world's first robot that "washes its own mop cloths" — the Narwal J1.
Source Code Capital portfolio company "Qingzhu" announces completion of tens of millions of dollars in Series B funding — Source Code Capital was the sole angel round investor
Qingzhu currently has over 3,000 partner hotels under contract, with full coverage across all first-tier, new first-tier, and second-tier cities nationwide.
The Industry's Growth Double Helix
Why we say efficiency is the only competitive advantage for industrial internet companies.
Yuntongxun Raises Hundreds of Millions of RMB in Series D Funding | Oasis Capital Vitality
Accelerating the Migration of Communications to the Cloud and the Pace of Industrial Intelligent Transformation
Li Yile of Source Code Capital: A Breakthrough in China's VC Model — The Era of Ecosystems and Value Creation Has Arrived
Technology reshapes business; capital empowers entrepreneurship.
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.
Source Code Capital portfolio company YQN Logistics announced the completion of a $70 million Series C funding round, with existing shareholder Source Code Capital continuing to increase its stake.
It has served more than 10,000 enterprises to date, with over 150,000 freight rates across all shipping routes on the platform. The platform's 2019 cargo volume is projected to reach 300,000 TEU.
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
The "Brain" Behind Starbucks' Rapid Delivery Launch | A Gaorong Ventures Enterprise Services Case Study
The "Mastermind" Behind Starbucks' "Lightning Speed" Online Business
2 Companies Close Funding Rounds, 5 Complete Strategic Upgrades, 9 Win 6 Major Awards | Source Code Capital Monthly · January
"Ma Hui Chronicles" documents our members' incremental progress, shares the joy of growth, and looks forward to an even brighter future.
Source Code Capital Portfolio Company Community Group-Buying Platform "Linlinyi" Raises $30 Million in Series A Funding, Existing Investor Source Code Capital Continues to Increase Stake
Community group buying could be the prototype for the next generation of e-commerce.
The Gaorong Ventures Way: Know What to Do, Know What Not to Do
A matter of resolve.
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.
Niu Technologies IPO Lands on Nasdaq; 3 Companies Close Funding Rounds; Code Brain Issue 8 Mines India | Code Brain Newsletter · October
【Source Code Capital Newsletter】Here we record the small steps forward taken by our team members, share the joy of growth, and look forward to an even brighter future.
XtalPi Closes $46 Million Series B+ Round | FreeS Fund Deal Brief
Empowering drug R&D organizations worldwide.
SaaS Business Fundamentals and Value-Add Criteria | Source Code Capital Internal Reference
Bonus Points Beyond the Three Core Business Metrics and Operating Data
Fundraising, Licensing, New Launches, Team Building, Awards… 15 Notable Events from an April to Remember | FreeS Fund Blackboard · April
Look ahead, keep doing.
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.
2 Gatherings, 10 Pieces of Good News: The FreeS Fund Family in 2018 — "Look Forward, Keep At It" | FreeS Fund Chalkboard · January
FreeS Fund continues to double down on deep tech and consumption upgrades.
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.
