News · Aug 31, 2026 · as partner
Delin Capital invests $5.7M to build an AI startup utopia and host a 2026 entrepreneurship competition
Delin Capital is putting RMB 40M ($5.7M) into a roughly 4,000-square-meter incubator called Delin Residency in Shenzhen and running the Delin Cup 2026 AI Startup Competition. The champion receives RMB 2M ($286K) in unconditional cash. Registration closes September 30, 2026, with finals October 15-16.
Up to 15 teams will be selected for free office space, housing, meals, compute, and a hardware lab, each eligible for up to RMB 5M ($714K) in equity investment and Demo Day introductions to more than 30 VC firms.
Original sources (Chinese)
VC疯了!200万现金冠军奖,又花4000万造了一座AI「创业乌托邦」