Meituan Longzhu
美团龙珠
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Coverage
D-Robotics Closes $400 Million Series C Round as Linear Capital Doubles Down for the Seventh Consecutive Round | Linear Portfolio
Cumulative shipments of the Sunrise chip have surpassed 8 million units.
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.
Yunqi Capital-Backed NovaFusion Raises 1.2 Billion Yuan, Becoming Nuclear Fusion Sector's First Decacorn
Racing to join the first cohort of companies worldwide to achieve commercial fusion power generation
Unitree Funding Story Exhibition
Ancient stories always carry a special kind of allure.
Data Collection Underworld: Subcontracting, "Bang Laotai," and Cross-Border Arbitrage
Rural Aunties Turned Into Cheap "Data Fodder"
Meituan's LLM Is as Free as Its Delivery Service
Bullish on Meituan building world models
Even Realities: A Good Pair of Glasses, and the Beginning of a New Category
How a Pair of Camera-Free Smart Glasses Became a Unicorn
Macaron Uses AI Short Drama to Fool Investors
"Pulling oneself up by one's own bootstraps" — a self-perpetuating cycle that defies gravity.
Hypershell Tech Closes New Funding Round, Bringing Series B Total to $120 Million | Oasis Capital Vitality
World's largest share of the consumer exoskeleton market in 2025
5Y News | Extreme Shell Technology Raises $120 Million in Series B
Hypershell's X series has sold in over 70 countries, leading the global exoskeleton market.
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...
"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.
Yunqi Capital angel-round project "Nova Fusion" has raised a total of 1.2 billion yuan, setting a record for early-stage funding in private-sector fusion energy
Targeting the Global First Tier for Commercialized Fusion Energy
Nova Fusion Closes Massive 700 Million Yuan Angel+ Round, Aiming for the Global First Tier of Commercial Fusion
Fusion for AI & Beyond
Investment and funding heat up alongside spring temperatures | Unity Ventures Spring Chronicle
Portfolio companies have raised more than 5 billion yuan in total funding.
5Y News｜D-Robotics Closes $120 Million Series B1 Funding Round
D-Robotics announced it recently completed a $120 million Series B1 funding round.
D-Robotics Closes $120M Series B1 to Accelerate Building Embodied AI Native Tech Foundation
Series A and Series B funding rounds totaled $220 million.
"D-Robotics Closes $120 Million Series B1 Round, Linear Capital Continues to Add to Its Stake | Linear Portfolio"
Accelerating the development of an embodied-AI-native technology foundation.
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
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
Rongbao | Biren Technology and Seyond list successfully in Hong Kong, Moonshot AI completes major funding round
A new chapter begins.
A New Map of the World Is Unfolding | Unity Ventures New Year Edition
The Old Rules No Longer Apply, a New Continent Emerges
ONE2X Closes Series A, Officially Launches Conversation-Centric Video Creation Tool Medeo | Unity Ventures Portfolio
At Medeo, Talking Your Way to a Great Video
AllinkBio Closes Nearly $50 Million Series A Extension, BlueRun Ventures Continues to Double Down | BlueRun Family
Accelerating Clinical Development at Full Speed
Innovation Often Happens Where No One Has Gone Before | 5Y News Monthly
The big news from last month.
I think the sun will shine bright tomorrow morning | Opening Remarks
Maybe wrong, always fun.
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.
Hypershell Closes Two Rounds Totaling $70 Million in Funding
Toward a Future Where Everyone Is "Iron Man"?
MaKe | MaHui Member "Starmax Innovation Beatbot" Secures 1 Billion RMB in Funding, Opening a New Chapter for Yard Robots
Starpath Innovation's Beatbot Raises Over 1 Billion Yuan in New Funding, Monolith Continues Backing
Entering the Smart Lawn Mower Robot Space
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
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Unity Ventures Angel-Round Portfolio Company "Skywell" Lists on Nasdaq, Seven Portfolio Companies Announce New Funding Rounds | Unity Ventures Summer Chronicle
Thriving and Expanding, Pushing Boundaries Forward
"Variable Robotics" Closes Two Consecutive Rounds Worth Hundreds of Millions of Yuan, Yunqi Capital Participates | Yunqi Capital
End-to-End Embodied Intelligence Accelerates Iteration
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.
The Only Funding Round Mixue Bingcheng Ever Took: The Fortune of Being Chosen
"Different Money"
Two Tech Giants Invest in a 3D Generative AI Startup | WAVES
Meituan and ByteDance invested simultaneously.
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
Zhilin Yang: The Man Who Got Alibaba and Tencent to Team Up
Call me by your name.
Exclusive | Moonshot AI's valuation reaches $3 billion in new round; Tencent joins after Alibaba
A full list of Moonshot AI's investors to date.
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.
Cornerstone Robotics Completes New Funding Round, Accelerating Global Expansion of High-Quality Chinese Surgical Robots
Where surgery brings peace of mind, life unfolds in all its vastness.
We Analyzed 1,000 LP Commitments and Found 30 Hidden Top Family Offices
They are also a microcosm of China's commercial evolution.
From the Big League to the Niche: The Glory Days of a Generation of Chinese VCs
How they will rethink fame, cycles, and investment.
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.
Adaps Photonics Closes Hundreds of Millions of RMB in Series C Funding, Global Leader in 3D Sensor Chip Technology
Deeply embedding itself in high-growth application markets such as smartphone 3D sensing, automotive LiDAR, and AR devices — building the "perceptive eyes" of the digital world.
Fairino Raises Over $50 Million in Series B Led by Source Code Capital
Delivering high-performance collaborative robot products at extreme cost-performance ratios.
Rongbao · November | New milestones for drug R&D, chips, and autonomous driving; UJU Media lists on Hong Kong Stock Exchange Main Board
New funding, new products, new applications.
Cornerstone Robotics, a Leader in Innovative Surgical Robot Technology, Closes RMB 500 Million Series B Funding Round
We have completed a multi-pipeline layout covering soft-tissue surgical robots and other major specialty surgical robots.
Source Code Capital Portfolio Company Yijiupi Merges with Zhangshangkuaixiao, Accelerating Consolidation in FMCG Industrial Internet Source Code Capital portfolio company Yijiupi has strategically merged with Zhangshangkuaixiao, marking an acceleration of industry consolidation in the FMCG industrial internet sector.
The merger of Yijiupi and Zhangshangkuaixiao marks a new phase in the development of China's FMCG industrial internet.
