Core Insights - The article highlights the investment journey of Yu Jun, a partner at SenseTime Guoxiang Capital, emphasizing his proactive investment style and focus on early-stage opportunities in the robotics and AI sectors [1][4][10]. Investment Strategy - Yu Jun's investment approach is characterized by a commitment to being "on the front line" and making substantial investments in promising projects, often at the seed or angel round [3][10]. - The firm has successfully raised and managed three blind pool funds and several project funds within a short span, indicating a robust investment strategy and execution [4][10]. Notable Investments - Key investments include Galaxy General Robotics, which recently achieved a valuation exceeding $3 billion after an angel round investment, and Zhongqing Technology, which has rapidly grown from a valuation of 200 million to 10 billion in under two years [6][7]. - Yu Jun's early investments in companies like Xiaopeng Motors and EHang have laid a strong foundation for his current focus on robotics and AI applications [3][5]. Market Trends - The article discusses the evolution of the robotics industry, noting that Yu Jun has strategically invested in various segments, including core components and AI infrastructure, in response to advancements in large model technologies [5][8]. - The firm is currently focusing on key areas such as robotics, semiconductors, smart hardware, and AI applications, aiming to capitalize on systemic opportunities presented by technological advancements [8][12]. Personal Insights - Yu Jun emphasizes the importance of understanding the unique challenges faced by startups at different stages and the need for investors to engage deeply with entrepreneurs [9][12]. - His experience as an entrepreneur has enriched his perspective, allowing him to better assess investment opportunities and the dynamics of the startup ecosystem [10][11].

一位VC成长历程。 作者/刘博 报道/投资界PEdaily 时间回到2 0 2 1年年初。 结束了3年创业的余俊，收到了商汤国香资本管理合伙人扈与同发来的邀请，彼时国香资本的第一支盲池基金刚刚开始投资。4年半 后，余俊带着3 - 5家天使轮就投出的独角兽回馈国香资本，其中就包括2 0 0亿估值的银河通用机器人。 如果说"拼"是一级市场VC投资人的共性和常态，那么余俊留给同行的印象除了拼，还有一种蓬勃向上的旺盛生命力。 北京冬日， 早上9点 的咖啡馆里，投资界见到了从上海赶来的商汤国香资本合伙人余俊。前一天晚上刚下飞机，他第一件事是去拜 访了一位9 5年的年轻创业者，两人聊到了深夜。"这是VC的工作常态吧"。 他说起2 0 1 2年初在IDG深圳办公室时，因为刚入行不太懂创投行业，所以给自己定下一个KP I——每天看够8 - 1 0个项目，这种磨练期 持续了将近两年的时光，也打下了坚实的基础，期间在IDG投出了Co d i n g , Aft e rs h i p , P a t p a t , J p u s h , EZb u y等公司的种子轮/天使 轮，都实现了很好的回报。 商汤国香资本合伙人 余俊 直至 ...