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The Venture Codex

Baidu Ventures

Building C, RAYCOM INFOTECH PARK, Beijing, Haidian District, China

Overview

"BV is an independent venture fund established by Baidu in 2017. BV's investors include Baidu as well as other leading financial institutions and businesses. BV currently manages roughly $500M USD across 3 funds and has offices in Beijing and San Francisco. Its mission is to support entrepreneurs and companies who are spearheading the new age of artificial intelligence. These companies are changing the way we work and live—and ultimately how we interact."

Total investments
40
Lead investments
4
Investments · 12mo
13
Active investors
8

Sector focus

  • Artificial Intelligence (AI)
  • Augmented Reality
  • FinTech
  • Robotics
  • Sensor
  • Venture Capital
  • Virtual Reality
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Investment portfolio

  • Tripo AI

    Participated · Series A · Jun 2026

    Tripo AI develops AI 3D foundation models, world models, and a one-stop creative workspace for producing, editing, and rendering spatial content. Its recent model releases, Tripo H3.1 and Tripo P1.0 (March 2026), focus on high-precision geometry and production-ready meshes, and Tripo Studio includes features such as native 8K AI textures and Intelligent Part Segmentation V2. The company also runs an open-source initiative (projects released in 2024, 2025, and a third season) sharing components across the AI 3D stack, including collaborations with academic partners. With the nearly $200 million raised in its Series A+ and A++ financings, Tripo plans to expand research teams, accelerate algorithms, and bolster data and infrastructure to scale its product and ecosystem globally. It introduced Project Eden as a research effort to build persistent, editable, and multiplayer world models that separate world state from rendering to enable long-horizon persistence and concurrent interactions.

  • Vbot

    Participated · Series A · May 2026

    Vbot designs and manufactures consumer-facing companion robots and is concurrently developing humanoid robots and an Agentic OS for embodied intelligence. The company launched the Big Head BoBo smart dog in late 2025 and began deliveries on May 8, with the first 500 units shipped and plans to deliver over 1,500 units in May and exceed 2,500 units in June. Vbot plans to scale mass production and expand its sales network while investing R&D resources into full-size humanoid bodies and integrated manipulation-mobility models. Founded in late 2024, Vbot has a leadership team drawn from Horizon Robotics and Li Auto and a staff of over 100 covering product design, engineering, AI algorithms, and commercial operations. The company emphasizes iterative deployment in real environments to build data loops and accelerate the development of general-purpose service agents.

  • VideoTutor

    Participated · Seed · May 2026

    VideoTutor provides an AI tutoring platform that automates the pipeline from parsing a student query to structuring pedagogy, generating visuals, and delivering narrated instruction in real time. The platform generates real-time visual instructional videos tailored to student questions. The company was founded by Gen Z entrepreneurs and is based in Sunnyvale, California. VideoTutor plans to expand into enterprise and global education markets. Financially, it recently closed an $11 million Seed round in May 2026 to fund product development and expansion.

  • Shengshu Technology

    Participated · Equity · Apr 2026

    Founded in March 2023, Shengshu Technology builds foundational or "world" models across three areas: multimodal generation, real-time interaction, and physical-world actions. Its Vidu Q model targets professional video and content production use cases in comics, advertising, e-commerce, and film. The Vidu S1 model enables voice-controlled video generation at 540P and 25FPS while running efficiently on consumer-grade graphics cards. In December 2025 the company open-sourced Motus, presented as a unified world model for perception, prediction, and action, and its Motubrain robot control model reached a 95.8% success rate on the RoboTwin 2.0 benchmark. The company announced a $500 million funding round to support continued model research and technological innovation.

  • VAST

    Participated · Series A · Mar 2026

    Vast develops Tripo Studio, a platform that generates 3D models from text and image prompts and powers interactive 3D avatars. The company has a partnership with NetEase to offer instant avatar creation in the role-playing game Yanyun Shiliusheng, allowing players to upload photos for avatar generation. Founded in 2023 by Song Yachen, Vast recently raised nearly $200 million and reached a reported $1 billion valuation. Investors in the company include Alibaba, Baidu and Yongce Capital. Vast is also reported to be exploring a Hong Kong IPO and is working with Bank of America and China International Capital Corporation on its stock issuance plans. The company has not announced detailed financial metrics or specific use of funds publicly in the reports.

Team

  • Wenjie Wu

    Founding Partner & Managing Partner

  • Sandy LI

    Principal - Head of Biotech Investments

  • Liu Qiang

    vice president

  • Yujie Qi

    Partner