Edith Yeung

I ❤️ to learn, build, brainstorm, and connect. @TheCraneWeekly @racecapital @Solana @AgoraIO @Placer_ai @otter_ai

[Edith Yeung @edithyeung]

You made my day @toly ❤️

[toly 🇺🇸 @toly]

.@edithyeung is one of the most amazing seed stage investors. stronger signal than all the big name VC labels combined

[Edith Yeung @edithyeung]

I didn’t know China had this many tall people.

Xiaomi’s official legroom measurement system. 😂

#Xiaomi #LeiJun #ChinaEV #ElectricVehicles

[The Crane @TheCraneWeekly]

Xiaomi founder @leijun latest car sales pitch.

Forget horsepower, just keep loading tall Chinese guys into it until the internet agrees there’s enough legroom. 😂

Can this car fit the entire basketball team?

#Xiaomi #LeiJun #ChinaEV #ElectricVehicles #AutoTech

[Edith Yeung @edithyeung]

Congrats team @solana!

Can read full details on the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle here > https://t.co/t7cRdJy6BU

[Solana @solana]

BREAKING: BlackRock files with the SEC to issue tokenized fund shares on Solana.

BlackRock expanded its cash management strategy with the launch of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ("BRSRV") on Solana.

The world's largest asset manager, with $15 trillion in AUM, is bringing stablecoin reserves onchain.

[Edith Yeung @edithyeung]

I can’t wait to eat some autonomous noodle 🍜

😋 May be @travisk @CloudKitchens can bring this to America?

[The Crane @TheCraneWeekly]

The robots have officially entered the noodle business. 🤖

Shenzhen now has a fully autonomous noodle shop serving a bowl for just RMB 6 — less than $1 — in 48 seconds!

🍜🍜🍜

#Shenzhen #ChinaTech #Robotics #Automation #FutureOfFood

[Edith Yeung @edithyeung]

A fascinating read on Liang Wenfeng’s views on Nvidia’s CUDA moat, Huawei’s role in China’s AI ecosystem and why DeepSeek is not trying to become China’s OpenAI.

[The Crane @TheCraneWeekly]

https://t.co/6eU7T0Jtdf

[The Crane @TheCraneWeekly]

𓅣 The Crane Weekly Brief

48 China startups raised $879M last week. 🇨🇳💰

Generative AI is back in force, accounting for more than 80% of disclosed funding. The AI stack continues to attract capital—from foundation models and video generation to memory operating systems and data infrastructure.

🇨🇳💰 Here are the top 5 deals:

🥇 Meshy (3D generative AI) — $400M Series B led by IDG Capital, Matrix Partners China and Monolith Management

🥈 https://t.co/BKBpYodrca (智象未来) (foundation model) — $214M Series C led by National Social Security Fund

🥉 @Flovaai (AI video creation agent) — $80M seed backed by HongShan Capital, IDG Capital

4️⃣ MemTensor (记忆张量) (AI memory OS) — $14.3M Pre-A backed by Huawei Hubble, Honor Investment, SenseTime Guoxiang

5️⃣ Jinglianwen (景联文科技) (real-world AI training data infrastructure) — $14.3M Series A backed by Binjiang Financial Investment, Hangzhou Financial Investment

#ChinaAI #AI #GenerativeAI #Startups #VentureCapital #DeepTech #3DAI #WorldModels #ChinaTech #TheCrane

[Edith Yeung @edithyeung]

Moonshot AI is reportedly raising at a $30B valuation ahead of its IPO.

Alibaba paid about $800M for 36% stake in 2024. That stake is now worth ~ $10.8B on paper. 13.5x return.

Alibaba wins both sides of the table @kevinsxu 👍

#MoonshotAI #Kimi #Alibaba #ChinaAI #VC

[Kevin S. Xu @kevinsxu]

Alibaba is a major investor of Moonshot. Kimi, in turn, uses a big chunk of AliCloud GPUs (oftentimes competing away Qwen team's resources)

10 days ago, Alibaba previewed quarterly earnings saying AliCloud is growing 40+%. This was ofc before K3

Could be a monster quarter for APAC's biggest cloud

[Edith Yeung @edithyeung]

I want a Unitree robot for my house 😆 Please load my dishes and fold my clothes.

OmniA-0.3, part of UnifoLM, combines speech, spatial reasoning and motor control. More details: https://t.co/O2MSq9arq0

#Unitree #EmbodiedAI #Robotics #ChinaTech

[Unitree @UnitreeRobotics]

Real-Time Omni-Modal Interaction Driven Whole-Body Mobile Manipulation🥳
Unitree UnifoLM-OminiA-0.3 — a single model handling diverse home-care and wellness tasks, with omni-modal interactive understanding, fully autonomous, stable and disturbance-resistant execution.

[The Crane @TheCraneWeekly]

𓅣 The Crane Weekly Brief 71 China Startups Raised $1.95B Last Week

🇨🇳💰 Here are the top 5 deals:

🥇 DeepPrinciple (AI for materials) raised $143M
🥈 ChipPower (silicon carbide power device) rai raised $103M
🥉 Wenttian Quantum raised $85.7M
👓 Mojie (AR glasses) raised $85.7M
⚡ Mu-Fan Power (hydrogen gas) raised $71.4M

#ChinaTech #VentureCapital #DeepTech #AI #Biotech #TheCrane

[Edith Yeung @edithyeung]

Despite losing its head, this robot 🤖 kept on fighting.

Very smart branding exercise by @engineairobot👍

(Thank you @SCMPTech for capturing this).

[The Crane @TheCraneWeekly]

Kimi-K3 is now #1 in the Frontend Code Arena surpassing Claude Fable 5.

Frontend - #1
Brand & Marketing - #2
Data & Analytics - #2
Gaming Content Creation - #2

Zhilin Yang - founder and CEO @Kimi_Moonshot was @rsalakhu Phd student at @CarnegieMellon!

[The Crane @TheCraneWeekly]

Great chart by @deedydasm.

In Q1 of 2026, Zhipu's API ARR reached 1.7 billion yuan (~$250M). Huge growth compared to last year.

See chart from @HKEXGroup 2025 revenue below in HKD, not USD.

[Edith Yeung @edithyeung]

Co-living spaces in China is so cheap...

[The Crane @TheCraneWeekly]

Xiaomi is building its own dorms for Gen Z.

The rent is only about $160 (¥1099) a month.

That might be the most impressive Xiaomi product yet.

Damn, that’s cheap 🔥

(via @Xiaomi @leijun)

#Xiaomi #GenZ #ChinaTech #FutureOfWork #AffordableHousing

[The Crane @TheCraneWeekly]

𓅣 The Crane Weekly Brief

69 China startups raised $4.67B last week. 🇨🇳💰

This week it's all about AI, semiconductors and commercial space for the majority of disclosed funding. Here are the top 5 deals:

@Kling_ai (video AI) raised a $2.8B Series A led by BlueFive Capital, CPE, Guofang Investment, Tencent and CITIC Securities.

StarChip Technology 星辰技术 (semiconductor packaging) raised $571M Series A.

Hongqing Technology 鸿擎科技 (satellite networking) raised $186M Pre-B led by CCB Investment, ICBC Capital and Jinpu Capital.

@vast_ai (world model) raised $143M Series A3 from Geely Capital, Tanwan Games and Giant Network.

Zhongke FuHai 中科富海 (cryogenic equipment) raised $143M Pre-IPO led by CAS Capital.

#ChinaTech #AI #DeepTech #Startups #VentureCapital #Semiconductors #SpaceTech #GenerativeAI

[Edith Yeung @edithyeung]

@Kling_ai by Kuaishou reached ARR run rate of roughly $500M by March 2026 and now valued at $18B. A 300% YoY growth. 🚀

Minimax annualized revenue reached $300M and now valued at ~$14B ($111B HKD).

That sounds about right...

[The Crane @TheCraneWeekly]

Congrats to Kun Gai @GaikunGk - CEO of @Kling_ai for raising $3B round at $18B valuation 👏👏👏

Kling AI 📺launched in June 2024 as Kuaishou’s text-to-video model. It scaled fast: 20+ iterations in its first year, $100M ARR in month 10!

Read more on @SCMPNews:
https://t.co/tsXMqeakx1

#AI #ChinaTech #videoAI

[Edith Yeung @edithyeung]

Scary real...

[The Crane @TheCraneWeekly]

Meet Xiaoyou - UBTech U1 Robot. 🤖

She might be moving a bit slowly, but the realism is truly impressive!

(Source: @SCMPNews @SCMPTech)

#UBTech #Robotics #TechInnovation #AI

[Edith Yeung @edithyeung]

Yes – WeChat literally turned on the largest AI agent marketplace overnight with 4 million mini-programs!

#AI #WeChat #AIAgents

[Bill Gurley @bgurley]

WeChat has been a little quiet on AI front & perhaps even falling into being considered a laggard. But this week, Pony Ma presented a new vision on how to turn "mini-apps" (still no real equivalent in US) into AI handshakes. Manny partners announced. Could be a powerful move. Read more below.

[The Crane @TheCraneWeekly]

Great reporting by @dee_bosa. 👍

Airbnb, Coinbase, Shopify, Siemens and Cursor have been used or experimented with Chinese AI models, primarily due to their speed, cost-effectiveness, and strong performance on specific tasks.

Banning Chinese models in the US would backfire.

#AI #policy #ChinaTech

[The Crane @TheCraneWeekly]

𓅣 The Crane Weekly Brief

50 China startups raised $1.14B last week. 🇨🇳💰

China's funding this week was led by energy, AI infrastructure and computing, with solar, AI compute and cloud infrastructure accounting for the largest disclosed rounds.

Here are the top 5 deals:

1. Tongwei Solar 通威太阳能 (solar power) raised a $723M strategic round.

2. Silicon Mobility 硅基流动 (AI computing infrastructure) raised $296M in a Series B.

3. Lightwheel @LightwheelAI 光轮智能 (physical AI data) raised a $143M strategic round.

4. CloudSky 云天畅想 (AI computing network) raised $143M in a Series E.

5. MYbank 网商银行 (Alibaba-backed digital bank) raised a $46.4M strategic round.

#China #ChinaTech #Startups #AI #EnergyTech #DeepTech #VentureCapital

[Edith Yeung @edithyeung]

A beautiful piece by @om.

I hope you can all read this. https://t.co/6cysRN5t7b

[Jason Fried @jasonfried]

My favorite thing @om wrote was actually an interview with Brunello Cucinelli in 2015. And to this day, I think it’s the single best thing you can read on running a business. Better than any book, better than any article.

Read it:
https://t.co/Nq8cmtxILT

[Edith Yeung @edithyeung]

Beautiful @Ferrari Luce made by Jony Ive & LoveForm. ❤️

[The Crane @TheCraneWeekly]

Meet Luce — “light” in Italian — @Ferrari's first all-electric car, launching in the world’s largest EV market: China.

Price tag: RMB 3.988 million, or about $586,630.

At that price, this isn’t an EV war. It’s a luxury signal war.

#Ferrari #Luce #EV #ElectricVehicles #ChinaEV #LuxuryCars #AutoTech