Yunqi Partners | Activity | F4
Yunqi Partners Activity Every public signal F4 has attached to this firm, with sources and cross-entity links.
News
Yunqi and its investors received multiple honors including a 投资界 (PEdaily) TOP100 investor ranking. 投资界TOP100 recognition
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Yunqi hosted a discussion on the distance from Digital AI to Physical AI at Tencent's World AI Conference (WAIC) evening event. 从 Digital AI 到 Physical AI，还有多远？｜云启@腾讯 WAIC 之夜 (From Digital AI to Physical AI, how far is it? Yunqi at Tencent's WAIC night)
Talk
Founding Managing Partner Mao Chengyu attended the Future Science Forum's 10th-anniversary event, described as China's answer to the Nobel Prize. Mao Chengyu attends Future Science Forum 10th anniversary
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Podcast
Hosted a Yunqi Attent!on podcast episode with three embodied-AI founders on world models, talent, and real-world deployment. Scaling 不是堆数据：和三位具身创业者聊世界模型、人才与真实落地 (Scaling isn't stacking data: a conversation with three embodied-AI founders)
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Podcast
Hosted a Yunqi Attent!on podcast episode with the founder of portfolio company Kongshanci on brain-computer interfaces. 脑机接口的非科幻故事：对话「空山慈」王曦明 (The non-sci-fi story of brain-computer interfaces: a conversation with Kongshanci founder Wang Ximing)
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3 essays Show all Essay
Jointly published a research report on the embodied-intelligence data supply chain and new infrastructure with the World Robot Conference (WRC). 《2026具身智能数据产业链和新基础设施报告》 (2026 Embodied Intelligence Data Supply Chain and New Infrastructure Report)
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Essay
Published a thesis essay on how AI is rewriting the commercialization logic of open-source software. 深拆开源商业化：AI 正在重写价值逻辑 (Deconstructing open-source commercialization: AI is rewriting value logic)
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Essay
Published a thesis essay by Chen Yu on how long-term investment opportunity emerges non-linearly during technology paradigm shifts. 技术范式转移时，长期机会从不线性发生 (When technology paradigms shift, long-term opportunity never arrives linearly)
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Press
Managing Partner Chen Yu discussed embodied intelligence and manufacturing economics with Tencent Technology. Chen Yu discusses embodied intelligence with Tencent Tech
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Investment
Light Standard, an optical compute-in-memory chip company Yunqi first backed at the angel round, raised a large follow-on round. Light Standard
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Investment
Nova Fusion, China's first company focused on commercializing small modular nuclear fusion, raised a RMB 1.2B round with Yunqi participation, reaching unicorn valuation. Nova Fusion
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Exit
Portfolio company Cool College, an enterprise training platform first backed in 2020, was acquired by Beisen (HK: 09669) in 2025. Cool College
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Milestone
Portfolio company Manycore Tech, first backed by Yunqi at Series B1 in 2014, listed on the Hong Kong Stock Exchange (HK: 00068). Manycore Tech
Milestone
Portfolio company MiniMax, first backed by Yunqi at the angel round in 2021, listed on the Hong Kong Stock Exchange (HK: 00100). MiniMax