Yunhe Partners

Yunhe Partners is a venture capital firm based in Beijing, China, founded by Zuotao Chen and Calvin Xu. The firm focuses on investments in sectors such as energy efficiency, environmental conservation, new energy, recycling, clean production, and automobile electrification. Additionally, it emphasizes improving life quality and enhancing the efficiency of natural and social resource use through innovative technologies. Yunhe Partners targets companies that exhibit rapid growth or show sustainable cash flow and profitability, aiming to support ventures that align with its commitment to sustainability and technological advancement.

Calvin Xu

CEO and Founding Partner

6 past transactions

Qingna Technology

Seed Round in 2025
Qingna Technology is a company specializing in the research, development, production, and sale of sodium-ion batteries. It primarily serves the electric vehicle industry, offering energy storage solutions for data centers as well. The company is committed to providing clients with high-quality, industry-standard battery products and solutions.

Zhongxin New Materials

Series A in 2022
Zhongxin New Materials is a developer of new energy material recycling technology and is committed to the development and research of new energy material recycling technology.

Vbao Technology

Series B in 2021
Vbao Technology is a provider of asset management and trading solutions tailored specifically for insurance companies. The company develops platforms that enhance business productivity and streamline various operational processes. Its core offerings include an insurance premium management platform, investment and trading software, and an insurance account management system. These products are designed to facilitate integrated and efficient transaction and account management, enabling insurance firms to operate with increased reliability and speed.

Enflame

Series A in 2019
Enflame specializes in developing high-end chips for artificial intelligence applications. Its products are designed for cloud data centers and optimized for AI training platforms. The company's offerings feature high computing power, energy efficiency, programmability, and compatibility with mainstream machine learning frameworks.

Enflame

Seed Round in 2018
Enflame specializes in developing high-end chips for artificial intelligence applications. Its products are designed for cloud data centers and optimized for AI training platforms. The company's offerings feature high computing power, energy efficiency, programmability, and compatibility with mainstream machine learning frameworks.
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