前瞻拿下地平线、率先出手宇树科技！祥峰投资VC版图曝光

Core Insights - Yushu Technology has gained global attention in 2025 for its advanced humanoid robots, marking a significant event in the tech industry. The company was initially questioned for its potential but received early investment from Xiangfeng Investment during its Pre-A round [1] - Xiangfeng Investment, a member of Singapore's Temasek Group, has strategically invested in various hard-tech sectors in China, including artificial intelligence, biotechnology, and smart hardware, focusing on long-term value in hard technology [1][2] Investment Strategy - Xiangfeng Investment has been active in China since 2009, initially focusing on semiconductor investments, which have resulted in the cultivation of 10 unicorn-level companies in the sector [2][3] - The firm has recently increased its focus on robotics, with Yushu Technology being its first investment in this area. The decision was based on the belief that China would develop similar high-tech companies as seen with Boston Dynamics [3] Market Trends - The investment logic of Xiangfeng Investment emphasizes long-term technological innovation over short-term trends, believing that true value lies in core technology rather than merely following market fads [9] - The current environment for exits in the Chinese capital market is improving, with more active IPOs and mergers, which is crucial for attracting foreign investment [7][8] Future Outlook - The firm believes that the potential of AI and robotics is still underestimated, and the market is entering a new phase where AI will create significant value beyond current applications [10][12] - Xiangfeng Investment aims to continue supporting innovative companies that possess technological barriers and real application value, focusing on the long-term vision of technological advancement [12]