BAI capital
VC Fund
Beijing, China
BAI Capital is a leading venture capital fund in China. Since 2008, the team of BAI Capital has invested in more than 200 portfolios, including 17+ IPOs and 40+ unicorns. BAI Capital has two main focuses: China-based global companies and China’s structural transformation. BAI Capital seeks to partner with and empower outstanding Chinese companiesand entrepreneurs that can leverage the multiplier effect of China’s technology, talent, and supply chain advantages and to expand globally in consumer retail and services, fintech, media and content innovation, Web3 and metaverse. On the other hand, at the turning point of China’s structural transformation, the fund will also seize major cross-cycle disruption opportunities in frontier and infra tech, electric vehicles and autonomous driving, and industrial upgrade driven by enterprise software development.The investor base for BAI Capital includes institutional investors such as sovereign wealth funds, large insurance companies, internet giants and fund of funds globally, as well as Bertelsmann. BAI Capital has its background from Bertelsmann Asia Investments, part of the Bertelsmann Group.
- Total investments:
- 146
- Last investment:
- Lead investor:
- 34%
- Fund size:
- $700M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries BAI capital invests in
Stages BAI capital invests in
Countries BAI capital invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $4M–$100M
- Series A
- $3M–$50M
- Series B
- $14M–$100M
Investment Focus
Industry
- Internet 14 (10%)
- Software 14 (10%)
- Financial Services 14 (10%)
- Artificial Intelligence 13 (9%)
- FinTech 10 (7%)
Stage
- Series A 47 (32%)
- Series B 32 (22%)
- Seed 18 (12%)
- Series C 14 (10%)
- Series D 7 (5%)
Country
- China 68 (47%)
- United States 10 (7%)
- Hong Kong 6 (4%)
- Singapore 4 (3%)
- Mexico 3 (2%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Allen Li
Chief Financial Officer
|
Chief Financial Officer | Total investments: 0 | Find email | |
|
Annabelle Yu Long
Managing Partner
|
Managing Partner | Total investments: 5 | Find email | |
|
Christine Sun
Legal and Corporate Communications Director
|
Legal and Corporate Communications Director | Total investments: 0 | Find email | |
|
Iris Cong
Investment Associate
|
Investment Associate | Total investments: 0 | Find email | |
|
Jason Ding
Partner
|
Partner | Total investments: 3 | Find email | |
| See all 8 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
|
The #1 3D GenAI platform—trusted by millions worldwide. The ONLY 3D AI tool featured in A16Z's 2024 AI Tools Survey. | $400M / Series B / Jul 20, 2026 | |
|
|
Looki is building the next generation of human-centric ai platforms - emotionally aware, and deeply embedded in the physical world. | Series A / Jul 14, 2026 | |
|
Reverse Matrix Technology
|
Reverse Matrix Technology focuses on the research and development of technologies that combine fundamental world models, enabling advanced simulations, intelligent systems, and data-driven insights to better understand complex environments and support next-generation innovation across industries. | $100M / Seed / Jun 17, 2026 | |
|
|
Rankyee Technology is a supplier of simulations that develops next-generation computational fluid dynamics solutions with grid generation technology. | $14.8M / Series A / Jun 15, 2026 | |
|
|
Waffo is a global payments platform provider supporting over 70 currencies and more than 300 payment methods, offering secure, flexible, and scalable payment solutions that enable businesses to seamlessly process cross-border transactions, expand into international markets, and deliver smooth, localized payment experiences to customers around theworld. | $15M / Series A / Feb 04, 2026 | |
|
|
ThetaWave AI is dedicated to exploring and creating a new paradigm for education in the era of large-scale models—one that reimagines how people learn, teach, and grow by deeply integrating advanced AI capabilities into knowledge creation, personalized learning, and human–machine collaboration at scale. | Seed / Jan 28, 2026 | |
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Galactic Holdings offers a series of digital finance products. | $20M / Series B / Jan 12, 2026 | |
|
|
Looki is building the next generation of human-centric ai platforms - emotionally aware, and deeply embedded in the physical world. | $20M / Series A / Jan 05, 2026 | |
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HelloBoss is an AI-based recruitment platform that promotes the mobility of human resources services for job seekers through an application. | Series A / Nov 20, 2025 | |
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Sparki is a platform where you can upload video clips and request Sparki to edit and generate new videos. Users can examine and engage with different video samples. Fueled by external Large Language Models, Sparki can help you with various video tasks, such as trimming highlight clips, inserting subtitles, creating vlogs, adding commentary voices,and more. | Series A / Nov 05, 2025 | |
| See all 146 investments → | |||
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FAQ
What does BAI capital invest in?
BAI capital invests primarily in Internet, Software and Financial Services startups, most often at Series A and Series B stage. Most of the 146 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is BAI capital's check size?
BAI capital typically joins rounds of $4M–$100M at Seed, $3M–$50M at Series A and $14M–$100M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds BAI capital participates in.
How do I contact BAI capital?
Public channels for BAI capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at BAI capital?
The team at BAI capital includes Allen Li (Chief Financial Officer), Annabelle Yu Long (Managing Partner) and Christine Sun (Legal and Corporate Communications Director), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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