Mech-Mind Robotics
梅卡曼德机器人
Mech-Mind Robotics (梅卡曼德), founded in 2016 by chairman and CEO Tianlan Shao, is a robotics-AI company that doesn't build robot bodies itself — instead it sells standardized "Eye-Brain-Hand" intelligent components: Mech-Eye industrial 3D cameras for perception, the Mech-GPT multimodal embodied model for decision-making, and Mech-Hand dexterous hands for execution . It has held the No. 1 share in China's 3D-vision-guided industrial robot market for five straight years (2020–2024), and as of June 2026 had deployed over 29,000 units across 50+ scenarios in dozens of industries, serving more than 100 Fortune Global 500 companies including CATL, BYD, Midea, and Foxconn . Backers include Qiming Venture Partners, which exclusively led its A+ round in early 2019 and held 7.38% pre-IPO, and Source Code Capital, which kept adding through rounds including a RMB 1 billion raise in 2021 and a nearly RMB 500 million round in 2025 . The company listed on the Hong Kong Stock Exchange under Chapter 18C, per a Qiming Venture Partners piece framing it as a "global leader in robot brains" . Shao's own stance, voiced at a Source Code Capital event in 2025: the crux of embodied AI "lies in intelligence, not in form" .
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Coverage
Morning Star | A Look Back: The Exhibits and Talks You Couldn't Get Enough of at WAIC 2026
Several portfolio companies of Qiming Venture Partners demonstrated their technological innovation capabilities and growth potential through forums, core technology showcases, and thought leadership on cutting-edge trends.
Guest Lineup Revealed | 2026 WAIC Qiming Venture Partners Entrepreneurship & Investment Forum: The Evolution from Computing Power Origin to Application Deployment
Decoding the Paradigm Shift in the Large Model Era: How the Industry Can Move Beyond Pure Parameter Chasing to Ruthless Exploration of Real-World Scenarios, Cost Efficiency, and Closed-Loop Business Models
Morning Star | Over 20 Qiming Venture Partners Portfolio Companies Win 30 Awards in Zero2IPO's 2025 VENTURE50
The VENTURE50 rankings are China's bellwether for high-growth enterprise investment.
Qiming Venture Partners and Six Portfolio Companies Named to 2025 Investment Institution Soft Power Rankings
By constructing a localized private equity valuation framework, FOFWEEKLY aims to advance industry standardization and ultimately establish industry benchmarks that carry social-value leadership.
Qiming Venture Partners Weekly | Portfolio Company Updates Vol. 31, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Qiming Venture Partners Weekly | Portfolio Companies Funding and Updates Vol. 29, 2025
Staying with you through the milestone moments of Qiming Venture Partners' portfolio companies.
Qiming Venture Partners Portfolio Companies Shine at 2025 World Artificial Intelligence Conference
As one of the most influential industry events in the global artificial intelligence sector, the 2025 World Artificial Intelligence Conference took "Intelligent Era: Shared Responsibility for Our Planet" as its theme, continuing to serve its important roles as a "technology weathervane, application showcase, industry accelerator, and governance forum" — comprehensively presenting the latest developments in cutting-edge AI technology, industrial trends, and global governance practices.
Guest Lineup Revealed | Register Now for 2025 WAIC Qiming Venture Partners · Entrepreneurship and Investment Forum — Venture Capital Enters AI Technology and Application Resonance Cycle
This sub-forum will showcase and explore the latest breakthroughs in AI technology and applications through the lens of innovation. Qiming Venture Partners will bring together leading scholars and top entrepreneurs in the field — from both the startup and investment perspectives — for four keynote speeches and four panel discussions.
Qiming Weekly | Qiming Venture Partners Portfolio Companies Funding and Updates Vol. 23, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Qiming Venture Partners' Duane Kuang: China's new quality productive forces are going global, and the venture capital industry can play an important role
Venture capital firms' tolerance for high risk and focus on long-term value inherently make them adventurous, willing to back technological innovation. By building a closed innovation loop that moves from "blood transfusion" to "blood creation," they can deeply embed themselves in company growth. And they have the ability to identify the most promising entrepreneurs and the most compelling directions for innovation.
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 16, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Qiming Spotlight | Over 10 Qiming Venture Partners Portfolio Companies Named to Star 100 · 2025 China AI Industry Wave Makers List
The rankings confirm AI technology's evolution from technical exploration to the deep waters of industry application, while also showcasing Chinese companies' technical strength and growth potential.
Morning Star | Multiple Qiming Venture Partners Portfolio Companies Appear at 2025 Zhongguancun Forum Annual Conference and Win Multiple Awards
Since its founding, Qiming Venture Partners has focused on investing in exceptional early- and growth-stage companies driven by technology and innovation.
Qiming Venture Partners Weekly | Portfolio News and Updates Vol. 09, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Qiming Venture Partners' new appointment sends a signal
The perfect candidate.
MaHui Moment | Multiple MaHui Members Named to Hurun China Under 35s Entrepreneurs to Watch 2023
Several MaHui members were named to the *2023 Hurun China Under 35s* list.
MaHui | Multiple MaHui Members Named to ChinaVenture's "Sharp 100" List
MaHui | Nearly 20 MaHui Members Named to PEDaily's 2022 Venture50
Source Code Capital | Be the "Number One" Customer Service Rep, Focus on Real Needs
MaKe | Belief Leap Livestream Returns Tonight at 8 PM
Code Moment | Belief Leap Livestream: Six Years Into Entrepreneurship, I'm Still the Company's No. 1 Customer Service Rep
MaHui | Nearly 40 MaHui Members Named to 36Kr's X·36Under36 S-Class Young Entrepreneurs List
What do CEOs of smart manufacturing companies talk about when they get together?
Stande, XYZ Robotics, Keenon, Chuxin... All the robotics companies you care about are right here.
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 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.
