Legend Capital
君联资本
Legend Capital (君联资本) is a long-standing Chinese VC firm that, per elsewhere's corpus, shows up most recently as an active investor in embodied AI and deep tech: it co-led Independent Variable Robotics' (X Square Robot) several-hundred-million-yuan Pre-A++ round in early 2025 alongside LVC, and kept adding through the company's near-1-billion-yuan Series A+ in September 2025 . It has also continued backing trapped-ion quantum computing company HYQubit into its Series A+ (per a Gaorong note, June 2026) , and in healthcare it led 3D-printed drug company Triastek's round back in 2020, a bet a Legend managing director later recalled as "too innovative" at the time . Its longer history includes being a major Bilibili shareholder at the video site's 2018 US IPO, as 暗涌Waves noted, and an early stake in Zhipu AI . The corpus here is deal-flow snippets rather than a firm profile, so basics like founding year and AUM aren't covered.
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Coverage
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
HYQubit Completes Series A+ Round, Accelerating Full-Scale Commercialization of Trapped-Ion Quantum Computing
Advancing quantum computing from scientific exploration toward industrial application.
Nova Fusion Closes Massive 700 Million Yuan Angel+ Round, Aiming for the Global First Tier of Commercial Fusion
Fusion for AI & Beyond
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?
January, Emergence, and Prologue | 5Y News Monthly
The big news from last month.
Rongbao | Biren Technology and Seyond list successfully in Hong Kong, Moonshot AI completes major funding round
A new chapter begins.
5Y News | Noitom Robotics Completes Pre-A+ Funding Round
Accelerating the construction of data infrastructure for the embodied intelligence era.
Morning Star|Noitom Robotics Closes Pre-A+ Round Led by Qiming Venture Partners
is a data company serving the Embodied Artificial Intelligence and humanoid robotics industry
AllinkBio Closes Nearly $50 Million Series A Extension, BlueRun Ventures Continues to Double Down | BlueRun Family
Accelerating Clinical Development at Full Speed
Infinigence AI Closes Nearly 500 Million Yuan Funding Round to Build Infrastructure for the Agentic Era | Oasis Vitality
Councilor Vitality
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.
"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
Nova Fusion Closes 500 Million Yuan Angel Round, Setting New Record for Single-Round Funding Among Domestic Private Fusion Companies
Focused on the commercialization of small modular nuclear fusion.
Huayi Quantum raises hundreds of millions of RMB in Series A funding to accelerate commercialization of quantum computing
Standing at the intersection of the AI and quantum computing revolutions.
Independent Variable Robotics Raises Two Consecutive Rounds of Hundreds of Millions of Yuan, with Meituan as Sole Investor in Series A | Unity Ventures Portfolio News
The company has completed seven funding rounds, raising more than one billion yuan in total.
Where Are the Bold State Investors?
Breaking Down the Most Active Local State-Owned Capital.
April: Curiosity and New Paths | 5Y News Monthly
The big news from last month.
A Surging Wave of Technology, an Explosion of Species in AI's Deep Waters | Unity Ventures Spring Chronicle
Tend the soil with care, and wait for the flowers to bloom.
Embodied Artificial Intelligence Reaches Critical Milestone as Independent Variable Robotics Closes Hundreds of Millions of Yuan in Pre-A++ Round Within a Month | Unity Ventures Portfolio News
A unified end-to-end Embodied Artificial Intelligence large model is key to improving robots' generalization and adaptability.
Gaorong Report · 2025 | Innovative Drugs, Agri-Tech, AI Content Platforms Close Funding Rounds; Gaorong Earns Multiple Accolades
Innovation as the sail, hard work as the oar.
Yunqi Capital Co-leads Over 100 Million RMB Series B in AI Smart Imaging Brand "hohem" | Yunqi Capital
How Can On-Device AI Help You Create Content?
Anlink Bio Completes $42 Million Series A Round to Accelerate Global Development of Bispecific Antibodies and ADC Pipeline
Achieving a rapid transition from preclinical to clinical stages.
Pony.ai's Funding Story: Daydreams in a Winter Storm
The final exam is approaching.
BlueRun Ventures Leads AllinkBio's $42 Million Series A Round | BlueRun Ventures
Accelerating Global Development of Bispecific Antibodies and ADC Products
Infinigence AI Raises Nearly RMB 1 Billion in Total Funding, Aiming to Become the Go-To "Compute Operator" in the LLM Era | Oasis Vitality
Advisor on Vitality
Summer rains bring gentle relief, good things flourish like green grass | Z News
Long, languid July.
Accelerated R&D and Commercialization of Frontier Products: Medical Devices, Digital Services, and New Brands Go Global | Rongbao
As the year draws to a close and a new one begins, the pace never lets up.
Stack Data Completes Nearly RMB 200 Million Series C+ Round, Doubling Down on Health Insurance Tech Services
Building a diversified insurtech value chain, with deep roots in Asia-Pacific insurance markets.
DPI > 1 — it's a magic spell.
Before taking responsibility for a new world, GPs must first answer to their LPs.
From Angel to G+ Round: 5 Early-Stage FreeS Fund Portfolio Companies Raise Over 3 Billion RMB | FreeS Family Funding News · Vol 14
Looking forward to working alongside more outstanding founders.
January: Toward Broader Horizons | 5Y News Monthly
The big news from last month.
5Y News | 5Y Capital Portfolio Company "Zhongke Guosheng" Closes Nearly RMB 100 Million Pre-A Round
Accelerate the development of China's bio-based materials industry.
No Fear of a Long and Difficult Road | 5Y News Monthly
The big news from last month.
Energy storage batteries, chips, and other frontier sectors land funding; smart manufacturing leads the charge overseas | Rongbao · September
September milestone.
MaKe | GalaxySpace Closes New Funding Round, Source Code Capital Was Pre-A Round Investor
5Y News | 5Y Capital Portfolio Company GalaxySpace Closes New Funding Round
Accelerating China's satellite internet infrastructure development.
GalaxySpace Closes New Funding Round, Accelerating China's Satellite Internet Buildout
China's first unicorn in the commercial space and satellite internet sectors.
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.
MaHui | Source Code Capital's Xingchen Zhang Named to Cyzone's 40 Under 40 Investors List
"Finding tech founders full of conviction"
MaHui | MakeSens Announces Completion of Hundreds of Millions of RMB in Series B Financing
Starting from "battery safety," the company aims to provide "safer" technical solutions for grid systems.
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 | AI Microbiome Drug Developer "Unknown" Closes Nearly $100 Million Series B Financing
Launching a new AI×BT strategy.
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.
Source Code Capital Portfolio Company Blokees Raises 600 Million Yuan in Series B, Existing Investor Source Code Capital Continues to Increase Stake
Build a global children's brand born from China.
Blokees Closes RMB 600 Million Series B, Chinese Original Building-Block Brand Keeps Building Momentum
Build a global children's brand born from Chinese creativity.
Source Code Capital Portfolio Company Baibu Closes $110 Million Series D+ Round, Source Code Capital Continues to Increase Stake From Angel Round Onward
Its portfolio includes business platforms such as Baibu, Quanbu, and Feisuo Zhizao, forming a vertically integrated digital service platform for the textile and apparel industry.
Galixir, a Source Code Capital portfolio company, raises tens of millions of dollars in funding, with existing investor Source Code Capital continuing to increase its stake
Galixir's technical capabilities are built on sophisticated AI models, enabling end-to-end coverage of drug discovery from hit compounds to preclinical candidates.
Source Code Capital portfolio company Dustess announced the completion of its Series B funding round, with existing shareholder Source Code Capital continuing to increase its stake.
An all-in-one private-domain traffic operations platform that helps enterprises close six major marketing loops and complete their digital transformation.
Source Code Capital portfolio company WeiMai announced the completion of a $100 million Series C+ funding round, with existing shareholder Source Code Capital continuing to increase its stake.
Making healthcare services more accessible, now covering 160+ cities across China with deep partnerships with 1,000 public hospitals nationwide.
Blokees announced the completion of a 330 million RMB Series A funding round, co-led by Source Code Capital and Legend Capital.
Moving Toward "A World Children's Brand Made in China"
5Y News|Unknown Closes Tens of Millions of Dollars in Series B+ Funding to Advance Microbiome Drug Clinical Trials
Leading domestic microbiome therapeutics company Unknown has recently completed a tens-of-millions-of-dollars Series B+ funding round, with continued backing from 5Y Capital.
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.
5Y News | GalaxySpace Closes New Funding Round, Becoming China's First Satellite Internet Unicorn
GalaxySpace, a leading satellite internet company, has closed its latest funding round at a post-money valuation of nearly RMB 8 billion.
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.
Rongbao · September | YITU and Zhuiyi Clinch World Championship Titles, "Ronghui" Steps into QQ Mini Programs...
Wishing everyone a happy National Day!
GalaxySpace has completed a new round of financing, aiming to provide global 5G satellite communications and satellite internet services.
Following this round of funding, the company will continue to focus on R&D for low-orbit broadband communications satellites and the commercial deployment of application scenarios.
Onion Math Closes 300 Million Yuan Series D Round, FreeS Fund Continues to Follow On | FreeS Fund Deal News
Internet-based inclusive education focused on primary and secondary school students
Eleven Breakthroughs in Early Summer: Even Now That We're Grown Up, We Still Believe "Creating Is Endlessly Fun" | FreeS Fund Blackboard · May
Every bit of growth is worth commemorating.
Olympic Champion Li Xiaopeng Joins Amino Acid Hair Care Brand Zhiguan in Closing Tens of Millions of RMB in Series B Funding | FreeS Fund Deal News
Get younger consumers to keep buying and buying.
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。
Onion Math Closes Series C Funding of Over 100 Million RMB to Expand Unmanned K-12 Science Tutoring | FreeS Fund Deal News
You can't reach a new world by following an old map. Onion Math ushers in the Online Education 3.0 era.
Why Is the Pay Gap Between '80s and '90s AI Talent Only 15%? | *2017 Early-Stage Enterprise Compensation Survey Report*
The salary secrets of 19,014 positions across 152 companies.
How Should Startups Design a Compensation System? Here's a Chance to Get the *2017 Early-Stage Enterprise Compensation Survey Report*
Manage the "people" and the "money."



































































