Yuhang State Investment

Yuhang State Investment is a local state-backed fund based in Hangzhou's Yuhang district. It appears in elsewhere's corpus primarily as an active co-investor alongside both market-oriented VC firms and other state capital. In 2023 it led the nearly RMB 100 million Series C2 round for DataBlackhole (奇点云), a cloud data intelligence company, with China Bohai Bank Fund as co-investor . It also re-upped in a 2025 A+ round for Zhongke Guosheng, a bio-based materials startup, alongside 5Y Capital and Junlian Capital . The fund is not profiled in depth elsewhere's current corpus; these deal participations are the main visible traces of its activity.