BAI Capital
Beijing, Beijingbai-cap.com
Overview
BAI Capital is a venture capital firm based in Beijing, China, founded in 2008 . The firm invests in consumer retail and services, fintech, media and content innovation, web3 and metaverse, frontier and infra tech, electric vehicles and autonomous driving, and industrial sectors . BAI Capital focuses on China-based global companies and China's structural transformation .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Thetawave AI, Inc. | Jan 2026 | Early Funding | Lead |
| VelaFi | Jan 2026 | Series B | Co-investor |
| Looki | Jan 2026 | Series A | Co-investor |
| HelloBoss | Nov 2025 | Series A | Co-investor |
| Looki | Nov 2025 | Seed | Co-investor |
Key People
Wenyi Cai
Venture Partner
William Zhao
Partner
Haoran（Frank） Xie
Investment Manager
Harry Cui
Investment Manager
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
