Terry Zhu

Terry Zhu (朱天宇) is a Managing Partner at Lanchi Ventures, the firm formerly known as BlueRun Ventures, which rebranded in 2023 to reflect what it called a spirit of "returning to where it came from" . He joined the firm with a mandate to push into ever-earlier stages—what he described as backing founders still in the "trial-and-error" phase, before their business prototype has fully taken shape . Zhu emerged as one of the more aggressive China venture capitalists in the post-ChatGPT AI cycle; as 暗涌Waves reported, he likened BlueRun's all-in mobilization to "an emergency assembly at 4 a.m." and acknowledged that the firm felt it hadn't "FOMO'd hard enough" despite investing across large language models, AI applications, and embodied intelligence . He has also been cited as an early backer of multiple unicorns in the embodied-intelligence track, positioning Lanchi as the "first investor" in several such companies .