Xiao Yi moved into venture investing after almost a decade as a Siemens engineer and later helping five companies list on China's New Third Board, and that background shows in how he looks at scientist-led startups: he pushes for the scientist to stay on as the technical leader while someone else actually runs the company, and he judges technology by real customer test results rather than papers or claims. His day-to-day approach is just as hands-on and practical—he ranks financing options by how quickly and reliably cash comes in rather than by valuation, is comfortable returning principal early through partial exits, personally helps startups interview and choose a CEO, and avoids backing teams built around married couples or siblings.
About their Fund
Sectors
AI, Robotics, Biotech, Consumer, Energy
Rounds
Avg Check Size
Notable Investments
InnoAngel Fund writes the first check for very young founders and then decides how much more to invest based on how the company performs, and it splits itself into two parts—one for fast early bets and another that can put over RMB 100 million into a single company for heavier, longer-term support. It has backed unusual deep-tech projects like ultrasound brain-computer interfaces, small nuclear reactors, AI systems that generate synthetic hospital data, and biomolecular design labs, often alongside Tsinghua-linked teams, and it was an early investor in Insta360 before the company became a major public hardware brand.
Notable Fund
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