Venture Where No One Has Gone Before | Z News

真格基金·August 1, 2025

July is drawing to a close, and we invite you to join us in witnessing the growth of our portfolio companies and what's new at ZhenFund.

Z News is ZhenFund's news column.

July has just wrapped up, and we're looking back at the month's "highlight reel" — inviting you to witness the growth of our portfolio companies and what's new at ZhenFund. Double espresso, served fresh.

Premier Li Qiang Attends 2025 WAIC Opening Ceremony and Delivers Speech; Multiple ZhenFund Portfolio Companies Exhibit

According to Xinhua News Agency, on July 26, Premier Li Qiang attended the opening ceremony of the 2025 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance in Shanghai, where he delivered a speech. Following the opening ceremony, Li toured the exhibition hall with foreign guests and representatives of international organizations, and engaged in exchanges with heads of relevant research institutions and enterprises.

This year's WAIC was themed "Intelligent Age: Shared Global Responsibility," featuring five major sections: conferences and forums, exhibitions, competitions and awards, application experiences, and innovation incubation. Multiple ZhenFund portfolio companies exhibited, including Mobvoi, Datagrand, DexForce, Laiye, Lexiang, Moxi, Enflame, Infinigence AI, X-Sight, Lightelligence, and Moonshot AI.

ZhenFund Angel Project Intellifusion Chairman, Early-Stage Project Moxi Founder, and Infinigence AI Co-Founder Named to 2025 AI Person of the Year List

On July 26, China Media Group's major AI industry event, the 2025 China AI Gala, kicked off in Shanghai's Xuhui District.

The "2025 AI Person of the Year" selection targeted young AI strivers. The honorees were chosen by a recommendation committee of over 100 authoritative experts including academicians, scientists, economists, entrepreneurs, renowned investors, and chief editors of mainstream media. Chen Ning, Chairman and CEO of Intellifusion; Chen Weiliang, Founder, Chairman, and General Manager of Moxi; and Xia Lixue, Co-Founder and CEO of Infinigence AI, were all named to the list.

ZhenFund Angel Project Lexiang Technology Founder and CEO Guo Renjie Named to Venture Camp 2025 New Youth Venture Capital List

On July 18, Venture Camp released its 2025 New Youth Venture Capital List. After three months of applications and review by 12 expert judges from leading investment institutions, 30 entrepreneurial pioneers under 35 were selected based on candidates' growth trajectories and their companies' development potential, among other dimensions.

Guo Renjie, Founder and CEO of ZhenFund angel project Lexiang Technology, was named to the list of entrepreneurial pioneers under 35.

ZhenFund Early-Stage Project Nuro to Partner with Uber on Next-Generation Autonomous Robotaxi

On July 17 local time, Uber announced that it will deploy over 20,000 Robotaxis across the United States over a six-year period starting in 2026. The fleet's L4 autonomous driving technology will be provided by Nuro.

Nuro founder Jiajun Zhu said the partnership will use its latest fourth-generation driverless system, Nuro Driver. The Robotaxi prototype, developed jointly by Uber, Nuro, and Lucid Motors, is already being tested at Nuro's proving ground in Las Vegas.

Macau Chief Executive Sam Hou Fai Leads Delegation to Visit ZhenFund Angel Project EHang

On the afternoon of June 23, Sam Hou Fai, Chief Executive of the Macau Special Administrative Region of the People's Republic of China, led a SAR government delegation to visit EHang's headquarters, EHang Future City, in Guangzhou. The delegation learned about EHang's leading achievements in new civil aircraft R&D and low-altitude economy ecosystem development, and engaged in in-depth exchanges with EHang's management team to discuss how the low-altitude industry could drive high-quality economic development in the Greater Bay Area through innovation and practical implementation pathways. Read more

Macau SAR Government Delegation Visits EHang Headquarters

ZhenFund Angel Project Levien Selected for Typical AI Applications in Biomanufacturing

Recently, the Ministry of Industry and Information Technology released the "List of Typical AI Applications in Biomanufacturing (First Batch)." Hangzhou Levien Biotechnology was selected for its self-developed all-atom protein generation technology that enables AI protein sequence design and industrial application, becoming the only company from Zhejiang Province on the first batch of the list.

Founded in September 2021, Hangzhou Levien Biotechnology is a technology company that uses AI algorithms to drive protein design. The company focuses on research into protein co-evolution patterns and "AI algorithms + wet-lab validation" projects, combining artificial intelligence to industrialize AI protein design and enable broader applications of proteins in production and daily life. Read more

ZhenFund Angel Project Elephant Robotics Releases Mobile Composite Robot myAGV Pro

Recently, Elephant Robotics released the mobile composite robot myAGV Pro. The myAGV Pro is an omnidirectional steering system vehicle under Elephant Robotics, compatible with the company's lightweight collaborative robotic arm ecosystem and most general-purpose collaborative robots on the market, capable of completing AI-related applications such as multi-target environmental detection and voice semantic recognition.

Elephant Robotics hopes this composite robot chassis will provide researchers and developers with an ideal platform for intelligent robotics applications in warehousing and logistics, education and learning, innovative applications, scientific research, and competitive robotics. Read more

ZhenFund Angel Project Horizon Robotics' Journey 6M Vehicle Intelligent Computing Solution Powers L4 Autonomous Driving

Recently, smart logistics product provider Singularity Intelligence officially launched an L4 autonomous driving solution for urban last-mile logistics scenarios. Developed based on Horizon Robotics' Journey 6M vehicle intelligent computing solution, it is the first autonomous driving solution for logistics scenarios built on the Journey 6 series, marking the extension of Journey 6 series applications from passenger vehicles to diverse scenarios including urban last-mile logistics. Read more

ZhenFund Angel Project Immorna Wins "Most Innovative Award" at New Glory Decade

At the recently held 10th New Drug Founders Annual Meeting "Decade" Gala, Immorna Biotech was awarded the Most Innovative prize for its achievements and exploration in innovative drug R&D. With "Decade" as its theme, this year's annual meeting brought together top experts, scholars, entrepreneurs, and investors from the domestic and international biopharmaceutical fields to jointly map out the development blueprint for China's innovative drugs over the next decade. Read more

ZhenFund Angel Project Laiye Named to "2025 AI Cloud 100 China" for Fourth Consecutive Year

On June 22, the "2025 AI Cloud 100 China" list was officially released at Beijing's 751 Park. Co-hosted by Eminence Ventures, Founder Park, and Cuiniuhui, this marks the fourth edition of the list. Laiye, driven by innovative technology and supported by excellent product solutions, has made the list for four consecutive years.

Laiye is committed to empowering every employee with AI Agent through its digital employee platform, thereby enhancing workforce productivity and creativity and building a future-ready workforce for enterprises. Read more

ZhenFund Angel Project Datagrand Named to "2025 AI Cloud 100 China" for Fourth Consecutive Year

On June 22, the 2025 AI Cloud 100 China list was officially unveiled. Datagrand has made the list for four consecutive years since the inaugural release in 2022, thanks to its performance and innovation in intelligent knowledge management, and is also the only company in the knowledge management category on this year's list.

Datagrand is a national-level "Little Giant" enterprise in intelligent knowledge management, and has received China's "Wen Jun AI Award" in the artificial intelligence field. Its products broadly cover finance, energy, industry, and government affairs, playing a key role in scenarios such as intelligent document review, intelligent search and Q&A, automated report writing, and deep inductive analysis, significantly improving the efficiency of knowledge asset value conversion. Read more

ZhenFund Angel Projects Synyi Intelligence and SeekGene Named to KPMG's First China Health Tech 50 List

On July 2, KPMG China and Beijing's Dongcheng District Government jointly held the KPMG First China Health Tech 50 Report Launch and List Awards Ceremony at Conference Room B510, Tower C, Global Trade Center in Beijing, releasing the Health Tech 50 report and unveiling the listed companies.

ZhenFund angel projects Synyi Intelligence and SeekGene were successfully named to the "KPMG China First Health Tech 50" list based on their technological accumulation and application practices in relevant fields.

ZhenFund Angel Project Coco Full Marks Wins Walmart "2024 Supplier of the Year" Award

On June 26-27, Walmart's "2025 Walmart China Supplier Summit" was held at the Shenzhen World Exhibition & Convention Center. Health beverage brand Coco Full Marks won the "2024 Supplier of the Year" award at Walmart China's annual supplier summit.

Coco Full Marks is developing functional beverages targeting specific demographics and scenarios, with new products continuing to uphold the core philosophy of "healthy, natural, and delicious." By the end of 2025, the number of product SKUs in the Walmart channel is expected to continue growing, forming a more complete product line layout. Read more

ZhenFund Angel Project DexForce Releases Second-Generation Humanoid Robot DexForce W1 Pro

Recently, DexForce officially released its new-generation humanoid robot DexForce W1 Pro. As an iterative upgrade to the W1, it achieves comprehensive innovation in robot hardware, software, algorithms, and development toolchain, offering users across industries rich hardware configuration options and the EmbodiChain embodied intelligence development platform.

The DexForce W1 Pro integrates the modular multi-level development interface provided by X-Wiz, and leverages EmbodiChain's data augmentation and generation capabilities to autonomously complete high-precision, high-stability robotic tasks driven by real-world operational demands. Read more

ZhenFund Angel Projects SpacemiT and RiVAI Exhibit at 2025 RISC-V China Summit

The RISC-V China Summit stands alongside the "North America Summit" and "Europe Summit" as one of the three premier global RISC-V events. This year's summit aimed to build industrial ecosystems, promote RISC-V technology innovation and application, and facilitate international exchange and cooperation.

On July 16, RiVAI Founder and CEO Tan Zhangxi delivered a keynote speech titled "From Berkeley to China: Fifteen Years of Open Chip Journey and Eastern Expedition." On July 18, RiVAI VP of Business Ren Qingyuan delivered a keynote at the high-performance computing sub-forum titled "New Engine of Open Architecture: Chinese Practice of RISC-V High-Performance Architecture."

On July 18, SpacemiT delivered a keynote at the high-performance computing sub-forum titled "SpacemiT SoC's RISC-V Server Features," focusing on the overall RISC-V server solution based on SpacemiT's RISC-V system-on-chip.

ZhenFund Early-Stage Project Flexiv Showcases at Munich Robotics and Automation Exhibition AUTOMATICA

On June 24, Flexiv officially appeared at the 2025 automatica exhibition in Munich, Germany, presenting multiple adaptive robot application demonstrations that combine high-precision force control with artificial intelligence technology, attracting considerable on-site attention and in-depth exchanges.

Flexiv's engineers also paired the Rizon adaptive robot with their self-developed force-controlled gripper Grav, transforming the adaptive robot into a "robot bartender" that performed beer cap opening and pouring for the audience. Read more

ZhenFund Founding Partner and CEO Anna Fang Named to Investment Camp "2025 TOP100 Investors"

On July 2, the 2025 "Investment Camp TOP100" investor list was officially released, co-launched by Investment Camp and Zero2IPO Research with data support from Pedata. ZhenFund Founding Partner and CEO Anna Fang was named to the list.

Investment Camp, Zero2IPO Research, and Pedata systematically compiled tens of thousands of investment data points for candidates since January 2023, and from over 1,000 candidates, identified 100 outstanding investors with strong investment track records who have also contributed to advancing China's venture capital industry.

ZhenFund Founding Partner and CEO Anna Fang Named to Caijing Global Chinese Venture Capital Leaders

On July 1, Caijing released its Global Chinese Venture Capitalists TOP 50 list. ZhenFund Founding Partner and CEO Anna Fang was named to Caijing's Global Chinese Venture Capital Leaders. This selection of global Chinese venture capitalists used globalization metrics as the core weighting factor, comprehensively considering background and track record, public market indicators, activity metrics, DPI metrics, and social influence according to weighted proportions.

ZhenFund Managing Partner Yusen Dai Named to Venture Camp 2025 New Youth Venture Capital List

On July 18, Venture Camp released its 2025 New Youth Venture Capital List. ZhenFund Managing Partner Yusen Dai was named to the 2025 New Youth Venture Capital list of investors under 40. This selection evaluated applicants across three dimensions: comprehensive influence, investment performance, and exit performance, ultimately producing the "Investors Under 40" list.

ZhenFund Named Best Early-Stage Investment Institution in China's AI Sector for 2024-2025

On July 24, Rongzhong's 2024-2025 China Industrial Investment list was released, with ZhenFund named Best Early-Stage Investment Institution in China's Artificial Intelligence Sector for 2024-2025. The Rongzhong Industrial Investment list has been published for five consecutive years, and is a professional ranking of equity investment institutions selected by Rongzhong Research through questionnaire surveys, interviews, indicator calculations, and other multi-dimensional evaluations.

Text | Neya

Editor | Cindy

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