News
Portfolio Updates
08.10.2026
NIO Capital Bulletin: September 2026 Edition

Vision to the Unseen: NIO Capital's AGM 2026 Maps the Next Industrial Frontier

 

Frontier technology innovation, future industry trends and investment strategy topped the agenda as nearly 200 investors, industry experts and entrepreneurs from the NIO Capital ecosystem gathered for the firm's 2026 Annual General Meeting. The event packed two keynote speeches, two expert sessions, three industry roundtables and an exhibition by nine portfolio companies into its program.
 

 

 

Investment | NIO Capital Backs Efflora in Seed Round for Real-World AI Data

 

NIO Capital has participated in a seed round of over RMB 10 million in Efflora, an AI data startup positioning itself as a “real-world sampler” that captures authentic application environments and tasks to build proprietary datasets for model companies’ reinforcement learning needs.

 

 

Honor | Several NIO Capital Portfolio Company CEOs Named to Fortune China's “40 Under 40” List

 

In addition, Changsheng Yao, CEO of Hydo Tech, a developer of green hydrogen solutions for industrial decarbonization, and Kejian Wu, Co-founder, Chief Scientist, Head of Algorithms at XREAL, a global leader in AR glasses, have also been named among Fortune China's “40 Under 40 Most Promising Business Leaders.”

 

 

Event | Project Sparks #2: Physical AI Night

 

Following the first offline gathering held along the Suhe Bay in Shanghai in late June, the second stop of "Project Sparks" came to Hong Kong, where more than 70 entrepreneurs gathered for a "Physical AI Night."

 

 

 

Podcast | Dexterous Hands: How Xynova Is Giving AGI a Sense of Touch

 

In this episode, the NIO Capital team sits down with Xia Yuxuan, Founder & CEO of Xynova, for a conversation that ranges from the practical scenarios where dexterous hands can be deployed to a message to AGI in ten years.

https://youtu.be/YNjeremBpTQ?si=a908mSipE5v4a-OR

 

 

▌Podcast | Nuclear Power Back in the Spotlight: Speed Is the Most Overestimated, While the Future the Most Underestimated

 

In this episode, three panelists in the nuclear fusion power sector sit down to discuss the potential of micro fission reactors in space and deep sea, the trade-offs of the deuterium-helium-3 fusion route, and the timeline for the first commercial kilowatt-hour of nuclear electricity — touching on engineering and capital, ideals and regulation. In their view, the biggest misjudgment the outside world makes about nuclear power is not that the technology is evolving slowly, but that some people always assume it will be fast.

 

 

▌Portfolio Updates | SiliconFlow Completes Series B+ Second Tranche and Series C Financing

 

SiliconFlow, a leading independent Token supply platform in China, has completed the second tranche of its Series B+ round and its Series C round, bringing its cumulative equity financing for 2026 to nearly RMB 2.9 billion. Fresh funds will be spent on increasing investment in core technology R&D, strengthening its Token supply platform capabilities, and accelerating global market expansion.

 

 

▌Portfolio Updates | PCG Power Completes Several-Hundred-Million-Yuan Series C1 Financing

 

PCG Power, a comprehensive energy management service provider, has completed its Series C1 financing, raising several hundred million yuan. The company is actively exploring a new "Energy for AI" business model, providing stable, green, and intelligent power solutions with an availability rate of 99.99% for scenarios such as AI computing centers.