在TechCrunch All Stage会议上发言的Gao表示，初创企业创始人，尤其是处于C轮融资阶段的创始人， 有可能在这种特殊的经济环境中成功融资。但他们需要先进行现实检验。 来源：至顶网 据蓝宝石创投合伙人Cathy Gao表示，2025年初创企业创始人面临着一个令人困惑甚至矛盾的资本市 场。"资本并不稀缺，但获得资本的渠道比以往任何时候都更困难，"她说。 首先，她指出，在完成A轮融资的初创企业中，只有五分之一能够成功进行C轮融资。在过去一年中， 后期融资的门槛只会更高；投资者不再仅仅追逐增长势头，而是在追求确定性。 "投资者现在会问：'这家公司是否真正成为其所服务市场的赢家？'"Gao说。"问题不再是'这家公司是否 在增长？'而是转变为'这家公司是否处在一个上升轨道上，其潜力真的不可否认？'" 寻求C轮融资的公司应该满足特定标准。首先，它们都是品类领导者。 "它们正在定义自己的品类。它们有明确的市场推广策略和不可否认的市场吸引力，"她说。"简而言 之，它们在高效增长，同时也有足够的牵引力证明它们确实是各自领域的市场领导者。" 寻求C轮融资的公司还应该记住，指标并不总是等于资金。当然，指标很重要，年度 ...

Group 1 - The core point of the article is that Yushu Technology is preparing for an IPO, having initiated the listing guidance process with CITIC Securities as the sponsor [2] - Wang Xingxing is the controlling shareholder of Yushu Technology, holding 23.8216% of the shares directly and controlling an additional 10.9414% through a partnership, totaling 34.7630% [2][4] - Yushu Technology is a well-known global company specializing in the research, production, and sales of consumer-grade and industrial-grade robots, including humanoid robots and dexterous robotic arms [2] Group 2 - The company has recently completed a C round of financing, led by major investors including China Mobile's fund, Tencent, Alibaba, and Ant Group, with over 90% participation from existing shareholders [5] - The registered capital of Yushu Technology increased dramatically from 2.889 million to 364 million, reflecting a more than 125-fold increase, indicating significant capital injection [6] - As of July 18, Yushu Technology has over 30 shareholders, with Wang Xingxing as the largest shareholder, followed by Meituan's subsidiary Han Hai Information Technology and Ningbo Sequoia Kesheng Investment [6]