Lei Mi
米磊
米磊 is the founding partner of CASSTAR (中科创星), a technology investment fund that counts Zhipu AI among its portfolio companies . In 暗涌Waves's 2023 survey of tech investors, he was grouped with peers from Hillhouse, 5Y Capital, and other top-tier firms as voices on China's innovation economy . He has spoken publicly about the challenges of commercializing scientific research, arguing that many scientists are better suited to chief-scientist or CTO roles than to founding companies outright . CASSTAR was also among the earlier domestic investors to build positions in superconducting materials, a field Mi has described as central to energy technology over the coming decades . More recently, in October 2024, he joined a CCTV dialogue on venture capital's "patience" versus "reality" alongside figures from Shenzhen Capital Group and Oriental Fortune Capital .
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Coverage
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Difficult exits, difficult fundraising, and state capital's fault-tolerance mechanisms.
暗涌Waves·Superconductors deserve attention, but so does our anxiety about technology itself.
It's still too early to tell.
暗涌Waves·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.
暗涌Waves·Conversations with 29 Tech Investors: There Are Treasures, But No Treasure Map
Investing in tech is definitely the right call, but consensus remains scarce.
暗涌Waves·
