Fundraising Fox
BAI capital
Venture capitalBeijing · Seed–Series B · 22 people tracked
Also known as BAI CAPITAL MANAGEMENT LIMITED
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Investment thesis
China-focused VC spun out of Bertelsmann, giving founders rare access to its global media, education and services ecosystem while backing Chinese tech exporters and infrastructure/industrial upgrades.
Source: firm website, verified Oct 1, 2026.
Team · 22 people
from curated & public directories
What they invest in
from 10 of 13 portfolio companiesAI & Machine Learning ×4Deep Tech ×4Hardware ×4Gaming ×3Consumer ×2Fintech ×2Mobility & Transportation ×2Advanced Manufacturing ×1
HQs:China×3United States×2Mexico×1
Investments · 13 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 12023 · 12022 · 22017 · 18 dated
CIX Tech designs semiconductor chips and processor solutions, with focus on ARM-based computing platforms for desktop and cloud applications.
AI & Machine LearningDeep TechHardwareSemiconductorsShanghai, CN
Co-investorsQiming Venture PartnersCornerstone CapitalNIO CapitalShunwei Capital
ClearMotion develops active suspension systems for automotive vehicles.
Advanced ManufacturingAI & Machine LearningDeep TechHardwareMobility & TransportationChangshu, CN
Zack Anderson(Founder)inShak Avadhany(Founder)Zackary Anderson(Executive Officer, Director)Shakeel Avadhany(Executive Officer, Director)inChristian Steinmann(CEO)in
BoardKrishna Kolluri(Director)
Co-investorsATEL VenturesEileses CapitalM12 (Microsoft's Venture Fund)New Enterprise Associates (NEA)NewView CapitalQualcomm Ventures+4 more
DreamWorld is a multiplayer 3D game platform that lets players build worlds using generative AI tools, targeting adults aged 13-40 who have outgrown earlier user-generated-content games.
ConsumerGamingSan Francisco, US
Garrison Bellack(Founder)inZachary Kaplan(Founder)inGrace Bellack(Technical Sourcer)Camille T.(EA)
Co-investorsGeneral CatalystImmeasurableY CombinatorGoodwater CapitalLYVC
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Magic DAYW Inc. is developing a mobile game.
Gaming
Co-investorsCrystal Stream CapitalHongShan Capital GroupHyT CapitalIDG Capital
Magic Circle offers a compliant tokenization platform for security token offerings (STOs), including identity authentication, a digital assets marketplace, and programmable value management.
Crypto & Web3Fintech
Co-investorsProDigital Future FundHyT Capital
Math Inc. develops AI systems for autoformalization, including Gauss, an agent that formalizes mathematical proofs, aimed at achieving verified superintelligence.
AI & Machine LearningDeep Tech
Jesse Han(Founder)in
Co-investorsChapter OneTorch CapitalHyT CapitalIDG Capital
Nex builds games and interactive experiences controlled by body motion, using devices people already own to make physical activity more playful and social.
GamingHardwareSports TechWellness & Fitness
David Lee(Founder)in
Co-investorsHongShan Capital GroupHyphen CapitalInnovation Global CapitalParticleBaillie GiffordHarris Blitzer Sports & Entertainment+2 more
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Raven Tech develops artificial intelligence and data processing systems, with a focus on next-generation operating system technology.
Data & InfrastructureEnterprise SoftwareBeijing, CN
Cheng Lu(CEO)Rui XiYiming (Ben) Wu(Founder/Operating Director)Xinjie Ma(CMO)in
Co-investorsY CombinatorDCM VenturesMatrixMSA CapitalZhenFund
Seyond develops image-grade LiDAR sensors and perception software for applications such as automotive, mobility, and traffic-intersection monitoring.
AI & Machine LearningDeep TechHardwareIoTMobility & TransportationRoboticsSunnyvale, US
Bao Junwei(Chairman of the Board, Executive Director, Co-Founder, and Chief Executive Officer)inLi Yimin(Executive Director, Co-Founder, and Chief Technology Officer)in
Co-investorsCenturium CapitalCyberport Hong KongF-Prime CapitalNIO CapitalEight Roads VenturesJoy Capital+1 more
Stori offers a mobile app with consumer financial products in Mexico, including a no-annual-fee credit card with up to 10% cashback, an interest-bearing debit account, and personal loans.
ConsumerFintechMexico City, MX
Bin Chen(Founder)inGY L(Founder)Guangyu (GY) L(Founder)inSherman He(Founder)inGY Liu(Founder)Gaurav Bhatnagar(Founder)
Co-investorsGeneral CatalystLightspeed Venture PartnersNotable CapitalSource Code CapitalVision Plus CapitalZMT Capital+4 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Babel FinanceKUNMeixin Global
Portfolio news
latest coverage across their companiesNex · citybiz.co · Sep 18, 2026
Frequently asked questions
- How many investments has BAI capital made?
- BAI capital has 13 tracked investments, 1 of which have exited, including 4 dated in the last 24 months.
- What stage does BAI capital invest at?
- BAI capital invests at the Seed, Series A, Series B stages.
- What sectors does BAI capital focus on?
- BAI capital focuses on Consumer, Data & Infrastructure, EdTech, Enterprise Software, Fintech, Media & Entertainment, Mobility & Transportation, Retail Tech, SaaS.
- Where is BAI capital located?
- BAI capital is headquartered in Beijing, CN.
- Does BAI capital lead rounds?
- BAI capital typically participates in rounds rather than leading them.
Co-investors · 8
General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Goodwater Capital is a consumer technology investment firm backing entrepreneurs building products across financial services, retail, healthcare, education, housing, transportation, and ecommerce globally.
Lightspeed Venture Partners is a global venture capital firm that backs founders from Seed through Series F and beyond, emphasizing deep, immersive partnerships with the companies it invests in.
This page announces that GGV Capital split into two separate firms in March 2024: Granite Asia (Singapore, covering APAC) and Notable Capital (US, based in Silicon Valley with offices in San Francisco and New York, investing in the US, Israel, Europe, and Latin America).
Source Code Capital is a Chinese venture capital firm whose team comes from investment management, product/technology, consulting, and media backgrounds.
Korea Investment Partners is a South Korea-based venture capital firm that invests across multiple stages from early-stage startups through growth and buyout transactions, including venture debt and mezzanine financing. The firm operates across venture capital, middle market, and growth equity investment categories.
Dragonfly is a crypto-focused investment firm comprising Dragonfly Ventures, Dragonfly Liquid, and Metastable, an early crypto hedge fund it acquired. It invests in and researches blockchain, tokens, and crypto companies.
IVC is a venture capital firm that has made over 200 investments across Web3, gaming, digital entertainment, AI, infrastructure, and fintech.
Firms observed investing alongside BAI capital, from public investor directories. Shared companies are the overlap with BAI capital's recorded portfolio.
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