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Sequoia China and Unitree to establish the “Shanyu · Venture Initiative,” focusing on physical AI intelligence and other fields at the early-investment stage
PANews October 28 reported, citing an official announcement, that Sequoia China and Unitree Robotics have jointly announced the establishment of the “Shanyu · Venture Initiative.” The initiative will focus on discovering and investing in early-stage entrepreneurial projects in embodied intelligence, robotics applications and key upstream and downstream technologies, as well as other cutting-edge hard-tech fields. It aims to become founders’ “entrepreneurial partner,” jointly exploring the unlimited possibilities from technology origination to product applications. According to the introduction, the core strategy of the “Shanyu · Venture Initiative” is to “understand technology and industry, identify opportunities early, make decisions quickly, value people, and not interfere unnecessarily.” It will provide promising early-stage entrepreneurs in cutting-edge hard-tech fields such as embodied intelligence and robotics with scarce, high-quality industry and capital resources.
Source: https://www.panewslab.com/zh/articles/01a181b7-5fea-72f6-9625-88bd19f0cf51