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The Venture Codex

Baidu Ventures

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

Overview

Venture fund supporting AI-focused entrepreneurs and companies.

Founded

2016

Deals ยท 12mo

12

Links

Website

Stage focus

Seed
Series A
Series B

Geographic focus

China
United States

Sector focus

Artificial Intelligence (AI)
Augmented Reality
FinTech
Robotics
...

Investment portfolio

40rounds
NAMEDATESIZE
Tripo AI
Jun 2026Participated
$200 MSeries A
Vbot
May 2026Participated
$73 MSeries A
VideoTutor
May 2026Participated
$11 MSeed
Shengshu Technology
Apr 2026Participated
$292 MOther Equity
VAST
Mar 2026Participated
$50 MSeries A
Tripo AI
Mar 2026Participated
$50 MSeries A
BCIFlex
Feb 2026Participated
$43 MSeries A
DeepWisdom
Jan 2026Participated
$31 MSeries A
Deep Principle
Dec 2025Participated
$14 MSeries A
Zelos
Nov 2025Participated
$97 MSeries B
TestSprite
Oct 2025Participated
$7 MSeed
Jiushi Intelligence
Oct 2025Participated
$99 MSeries B
Tripo AI
Jun 2026Participated
$200 MSeries A
Vbot
May 2026Participated
$73 MSeries A
VideoTutor
May 2026Participated
$11 MSeed
Shengshu Technology
Apr 2026Participated
$292 MOther Equity
VAST
Mar 2026Participated
$50 MSeries A
Tripo AI
Mar 2026Participated
$50 MSeries A
BCIFlex
Feb 2026Participated
$43 MSeries A
DeepWisdom
Jan 2026Participated
$31 MSeries A
Deep Principle
Dec 2025Participated
$14 MSeries A
Zelos
Nov 2025Participated
$97 MSeries B
TestSprite
Oct 2025Participated
$7 MSeed
Jiushi Intelligence
Oct 2025Participated
$99 MSeries B
40
Items
...
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Insights

Time horizon

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Deal Distribution

Baidu Ventures: 40 funding rounds are recorded in the selected participation categories.All available history.
Baidu Ventures: 40 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed08
Series A217
Series B17
Series C+02
Other Equity03

Monthly Deal Activity

Baidu Ventures: 40 deals are recorded across 117 months.All available history.
Baidu Ventures: 40 deals are recorded across 117 months. All available history
MonthDeals
Feb '171
Mar '170
Apr '170
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '182
Feb '180
Mar '181
Apr '181
May '180
Jun '180
Jul '180
Aug '181
Sep '181
Oct '180
Nov '181
Dec '181
Jan '190
Feb '190
Mar '191
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '191
Jan '201
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '211
Feb '210
Mar '210
Apr '210
May '211
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '221
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '242
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '252
Sep '250
Oct '252
Nov '251
Dec '251
Jan '261
Feb '261
Mar '262
Apr '261
May '262
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Baidu Ventures: AI & Machine Learning is the largest displayed sector by deal count (24 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Baidu Ventures: AI & Machine Learning is the largest displayed sector by deal count (24 deals). All available history
SectorDeals
AI & Machine Learning24
Health & Life Sciences12
Hardware & Robotics10
Space & Frontier Tech7
AR/VR5
Manufacturing4
Enterprise Software3
Clean Energy & Sustainability3
Networks, Cloud & Communication3
Education & Workforce2
Data, Analytics & IT2
Transportation & Logistics2
Media & Entertainment2
Professional Services2
Developer Tools1

Deal Size Distribution

Baidu Ventures: 40 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Baidu Ventures: 40 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M5
$10M-$25M10
$25M-$50M11
$50M-$100M6
$100M-$250M3
$250M-$500M2
$500M-$1B0
$1B+1

Deals By Geography

Baidu Ventures: United States has the largest recorded deal count among the displayed regions (17 deals).All available history.

Top 8 of 8 regions; European countries are grouped as Europe.

Baidu Ventures: United States has the largest recorded deal count among the displayed regions (17 deals). All available history
RegionDeals
United States17
China15
Singapore2
Europe2
981221
Australia1
900661
Hong Kong1
Baidu Ventures: 20 co-investors are shown, with Ant Financial sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Baidu Ventures: 20 co-investors are shown, with Ant Financial sharing 5 recorded deals. All available history
Co-investorShared deals
Ant Financial5
Hongshan Capital Group (Sequoia Capital China)4
Nest.Bio Ventures4
Cathay Capital3
Hillhouse Capital3
IDG Capital3
Lenovo Capital3
Pavilion Capital3
Sinovation Ventures3
6 Dimensions Capital2
Alibaba2
B Capital Group2
Beijing Artificial Intelligence Industry Investment Fund2
Beijing Pharmaceutical and Health Industry Investment Fund2
Blue Lake Capital2
Bold Capital Partners2
Cherry Ventures2
Danhua Capital2
Data Collective2
DragonBall Capital2

Investment Strategy

Baidu Ventures: Led accounts for 8% and participating for 93% of round participation.All available history.
Baidu Ventures: Led accounts for 8% and participating for 93% of round participation. All available history
CategoryDeals (count)Share (%)
Led38%
Participating3793%
Baidu Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Baidu Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Fang Yuan

Director

Liu Qiang

vice president

Liu Shui

Managing Director

Sandy LI

Principal - Head of Biotech Investments

Wen Yongteng

Vice President of Investment

Wenjie Wu

Founding Partner & Managing Partner

Yujie Qi

Partner

Zhang Zihao

investment manager