# TheWake RiverYtz Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thewake-riverytz-labs

- Industry: Software
- Headquarters: Beijing, China
- Website: www.thewakesystems.com
- Total disclosed funding: $15M
- Latest round: Series A (Sep 25, 2026)
- Investors on record: 13

## About

Established in 2021 and based in Beijing, China, Thewake Systems Co. Ltd, trading as TheWake RiverYtz Labs, is an enterprise services company focused on providing AIOT and HPC+AI system software and optimization solutions. Teng Yu will remain as CEO of Beijing Qingxing Yigou Technology Co., Ltd. In September 2026, TheWake RiverYtz Labs raised nearly CNY 100 million in Series A+ funding from Jadex Capital, Anhui Province Venture Capital, Dao De Capital, Grit Ventures, Zhongzi (Beijing) Private Equity Fund Management, Shanghai Xuhui Capital Investment, Senlan Group and an individual investor.

The company provides AIOT and HPC+AI system software and optimization solutions for customers. The company self-developed products include high-performance compiler THeWake-Fiuggi, high-performance computing library THeWake-Library and clock accurate performance simulator THeWake-Sim.

The company's revenue is generated by providing large-scale quantum physics models.

The company will focus on advancing the development and commercialization of quantum-inspired AI models and heterogeneous computing technologies.

## Funding rounds

- Series A, Sep 25, 2026, $15M — Anhui Province Venture Capital, Grit Ventures, Dao De Capital, Jadex Capital, Shanghai Xuhui Capital Investment, Zhongzi (Beijing) Private Equity Fund Management, Senlan Group
- Angel, Aug 9, 2022 — MiraclePlus, Venture Street Capital, Z&Y Capital
- Angel, Jun 7, 2022 — Tsinghua Capital, Innoangel Fund, MiraclePlus, Z&Y Capital
- Seed, Mar 24, 2021 — Hong Shan

## Investors

- Hong Shan — Seed
- Tsinghua Capital — Angel
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- MiraclePlus (https://capitalatlas.ai/funds/miracleplus) — Angel
- Z&Y Capital (https://capitalatlas.ai/funds/z-y-capital) — Angel
- Venture Street Capital (https://capitalatlas.ai/funds/venture-street-capital) — Angel
- Anhui Province Venture Capital (https://capitalatlas.ai/funds/anhui-province-venture-capital) — Series A
- Grit Ventures — Series A
- Dao De Capital (https://capitalatlas.ai/funds/dao-de-capital) — Series A
- Jadex Capital (https://capitalatlas.ai/funds/jadex-capital) — Series A
- Shanghai Xuhui Capital Investment — Series A
- Zhongzi (Beijing) Private Equity Fund Management — Series A
- Senlan Group — Series A