Editor's Note:
Following the 1 billion RMB-scale Yuanpei Fund, Peking University's Sci-tech Achievements Transformation Fund System adds new momentum. Yanyuan Fund established by Peking University Shanghai Lin-gang International Science and Technology Innovation Center (PKU-IICSH), officially invests in its first project, focusing on intelligent robotics with physical embodiment.
Yanyuan Fund will concentrate on technological innovation projects stemming from universities and research institutes in fields like life sciences, information technology, new energy, new materials, etc., taking into account high-quality socialized science and innovation projects.
The following article is sourced from Yanyuan Fund, authored by Yanyuan Fund.
Financing Overview
Recently, Beijing Galaxy Universal Robot Co., Ltd., successfully completed a billion-level angel+ round financing, attracting strategic investors and multiple investment institutions. The round was led by Meituan Strategy, with follow-on investments from Peking University Yanyuan Fund, Tsinghua SEE Fund, and IDG Capital. The funds raised in this round will continue to be used for the commercialization and promotion of the company's multimodal general-purpose robot products in various business scenarios.
About Galaxy Universal Robot
Beijing Galaxy Universal Robot Co., Ltd. established in May 2023, is an artificial intelligence company focused on the design, development, and manufacturing of multimodal general-purpose robots. The company possesses core technological advantages in areas such as embodied large-scale models, 3D visual perception, and dexterous hand deep learning algorithms. The team's key members have successful experiences in the commercialization of products in industries like robotics and automotive intelligence. Dr. Wang He, the Co-Founder and Chief Scientist of the company, serves as an Assistant Professor and Doctoral Supervisor at the Center on Frontiers of Computing Studies (CFCS), Peking University, and the Head of embodied large-scale models at Beijing Academy of Artificial Intelligence (BAAI). Dr. Wang's research focuses on the perception and interaction issues of embodied robots in three-dimensional complex environments, making him a renowned and leading researcher in this field.
Yanyuan Chuangtou's Perspective
Shanghai Yanyuan Private Equity Fund Management Co., Ltd. (Yanyuan Fund) is a market-oriented venture capital institution dedicated to early-stage sci-tech achievements trasformation investment. Initiated by PKU-IICSH, it focuses on major investment areas such as life sciences, information technology, new energy, and new materials in universities and research institutes. Additionally, Yanyuan Fund also considers other high-quality socialized scientific and technological innovation projects. Adhering to the investment philosophy of "dedication, focus, and professionalism," Yanyuan Fund strives to be the innovative and entrepreneurial partners of scientists, providing comprehensive and high-value services for the earliest stage of sci-tech achievements trasformation.
According to Mr. Li Jun, General Manager and Managing Partner of Yanyuan Fund, in the era of Artificial General Intelligence (AGI), with the continuous evolution and iteration of large models, a batch of artificial intelligence companies with strong scene application capabilities will emerge on the basis of the "digital base." Multimodal general-purpose robots will be one of the important application areas. The popularization and application of general-purpose robots require solving the "brain" and software problems first. As the relevant industrial chains in China get maturer, a relatively stable supply chain system for hardware is to be formed. Galaxy Universal Robot has strong core technological barriers in embodied intelligence and deep learning algorithms, aiming to address the decision execution problem of general-purpose robots. The company's team has verified product capabilities and commercialization scene capabilities since its inception, making it a strategically focused and steadily advancing entrepreneurial company.
Mr. Du Peng, Managing Director of Yanyuan Fund, believes that embodied intelligence, as an important research direction in artificial intelligence in recent years, focuses on the interaction between intelligent entities and the environment, endowing machines with powerful perception, understanding, and interaction capabilities with the real world. As a representative enterprise in the industry, Galaxy Universal Robot has a clear technological path, significant technical advantages in dexterous hand and generalized recognition, and is optimistic about the company's future application in ToB (To Business) field and its engineering migration capabilities toward ToC (To Customer) field of consumer-level.
