Zhangyu Power has received hundreds of millions of yuan in investment led by Singapore's top venture capital firm K3.
On April 10th, "Octopus Power" (SynapX) announced that it had received strategic investment from Singapore's K3. Existing shareholders, including Shunwei, Xiaomi, Hillhouse, and Linear Capital, continued to increase their stakes.
K3 was founded by Mr. Kuok Meng Xiong. As a member of the third generation of the Kuok family, with a forward - looking vision and global layout capabilities, he has long been deeply involved in global technology innovation investment. He has built a high - quality investment matrix covering cutting - edge technologies and the new economy. The investment portfolio under K3 includes a number of top - tier global technology companies such as ByteDance, Minimax, Moonshot, OpenAI, SpaceX, Grab, Airwallex, and Airbnb. Meanwhile, K3 has high - quality industrial resources in fields such as hotels and logistics, and has established extensive and efficient business connections and ecological networks in Southeast Asia and the global market.
As the lead investor in the first round of "Octopus Power", Linear Capital looks forward to the entry of international industrial capital at the startup stage, which will enable the company to access a wider range of real - world global application scenarios and lay a more solid foundation for its overseas expansion strategy.
Octopus Power is based on the strong domestic R & D environment while highly focusing on the vast opportunities in the international market. The ability to attract and gain recognition from international industrial capital at the startup stage is a practical step for Octopus Power in its global layout and a manifestation of its world - class team and technological strength. With the help of the strategic shareholders' extensive overseas industrial resources and ecological networks, Octopus Power can access more real - world global application scenarios and lay a more solid foundation for its overseas expansion strategy.
On the long - term journey towards Physical AGI (General Artificial Intelligence in the Physical World), Octopus Power adheres to the first - principles thinking and always regards the home scenario as the North Star goal and the ultimate testing ground closest to the "Turing Test" for Physical AI. It adheres to using the most generalized, universal, and unrestricted home scenario requirements to drive the construction of basic capabilities, product evolution, organizational building, and commercialization rhythm. The strategic entry of K3 not only brings first - class international capital but also a vast global resource network and real - world application scenarios, further expanding the company's industrial resources for long - term development.
Changing the physical world, a vision is just a good start, and top - notch technology and teams are the confidence of Octopus Power. In March, the Octopus team innovatively proposed the SYNTH Deep - Thinking Architecture. Driven by application scenarios and first - principles thinking, it has established a capability path composed of scenario - driven, model evolution, data closed - loop, and real - world applications: to precipitate a deeper understanding, representation, and generation ability of the physical world through the world's basic model; to continuously promote the evolution of capabilities in real tasks with the frequency - division multi - scale strategy model; to establish a continuous closed - loop among scenarios, tasks, data, and capabilities through the full - modality data system, and further precipitate the toolchain and product system capabilities for real - world applications.
Kuok Meng Xiong of K3 said: K3 always relies on its diverse industrial resources and unique global position to fully empower the growth of top - tier global innovative enterprises. Standing at the critical node of human technological change, we are extremely excited. In the wave of the AGI era, we have invested in many industry benchmark enterprises. In the future, we will continue to join hands with innovative partners like Octopus Power, which have lofty visions and strong capabilities, to jointly pursue the goal of Physical AGI, promote the implementation of general intelligence in the physical world, and create long - term value for human technological progress.
Shaun Lim of K3 said: K3 and I have known the founding teams of Octopus Power and Horizon for many years. We highly recognize the strong technological capabilities of the team and sincerely admire their firm pursuit of the ultimate vision of Physical AGI. I and the team are always willing to work side by side with like - minded partners and grow together. We will also fully mobilize our resources and capabilities to fully empower the company's accelerated development and jointly pursue the future of the next - generation intelligence.
Facing the future, Octopus Power will continue to move forward firmly in the direction of the ultimate goal, continuously precipitate capabilities and realize value in the real world, and promote Physical AI from technological feasibility to real productivity.
This article is from the WeChat official account "Linear Capital", and is published by 36Kr with authorization.