Yonghua Investment
涌铧投资
Yonghua Investment (涌铧投资) is a Chinese venture capital fund that elsewhere's corpus shows up mainly through its deal activity, which tilts toward hard-tech and AI. Per Qiming Venture Partners' coverage, it co-invested in SANY Hydrogen's hundreds-of-millions RMB Series A in August 2025 alongside Guangzhou Fund's Xinxing fund ; earlier, in May 2024, it co-led the Series A+ of Setu Technology, an industrial AI generative-design software company, with Ameba Capital and Lenovo Capital, and returned for Setu's tens-of-millions Pre-B round in October 2025 with GF Xinde . Its most recent visible move is leading the 50 million RMB round of HeTan Intelligence (C12.ai), a company putting robot scientists into pharma labs, reported by 暗涌Waves in March 2026 . elsewhere's corpus doesn't carry a fuller profile of the fund itself — its founding, size, or team — beyond this investment footprint.
AI-generated — may contain errors, please verify.
Coverage
"Micro-Nano Starry Sky" Debuts at Shanghai Commercial Aerospace Conference: The "Underwater Anchor Tenant" That Raised 1.56 Billion Yuan in a Year | Xinxing PORTFOLIO
A leading domestic high-end satellite manufacturer.
The "OpenAI Moment" for Pharma Labs: HeTan AI Raises 50 Million Yuan, Robot Scientists Step Onto the Lab Bench
The story of robot scientists has only just begun.
HETAN Intelligence Closes 50 Million Yuan Funding Round, as Robots Make Real Inroads into Labs
Veteran founders with backgrounds at Alibaba, Tencent, and WuXi AppTec.
Elsewhere News | Neolix, LiblibAI, and others close landmark funding rounds, setting new industry records
"AI is the biggest variable in the future."
Morning Star | SANY Hydrogen Raises Hundreds of Millions of RMB in Series A Funding Led by Qiming Venture Partners
SANY Hydrogen is the hydrogen energy strategic platform built by SANY Heavy Industry, a global leader in equipment manufacturing, to advance China's "dual carbon" goals.
Rongbao | Major Acquisition in Innovative Drugs; Laser Chips, Quantum Computing, and Global Payment Platform Secure New Funding
"Every step forward feels like a bloom."
Shex Technology Completes Series A+ Round to Expand Industrial AI Generative Design Software Applications
Improve the efficiency and quality of industrial design, simulation, process engineering, and manufacturing.
The Fourth Annual Ma Hui Conference Successfully Held, CEOs Gather to Share Entrepreneurship Insights, Four Companies Announce Completed Financing Rounds | Ma Hui Journal · April
**Source Code Capital Newsletter:** Here we record the small steps of progress made by our team members, share the joy of growth, and look forward to an even brighter future.







