BAI Capital
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 |
|---|---|---|---|
| NEX Team Inc. | Sep 2026 | Series E | Lead |
| Humanlaya | Sep 2026 | Early Funding | Co-investor |
| Meshy | Jul 2026 | Series B | Co-investor |
| Qiuzhi Technology | Jun 2026 | Angel | Co-investor |
| Thetawave AI, Inc. | Jan 2026 | Early Funding | Lead |
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Key People
Wenyi Cai
Venture Partner
William Zhao
Partner
Haoran（Frank） Xie
Investment Manager
Harry Cui
Investment Manager
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is BAI Capital based?
BAI Capital is headquartered in Beijing, Beijing, China.
When was BAI Capital founded?
BAI Capital was founded in 2008.
How many portfolio companies does BAI Capital have?
BAI Capital has 65 portfolio companies in Caplight's dataset.
What are some companies in BAI Capital's portfolio?
Recent investments visible on Caplight include NEX Team Inc., Humanlaya, Meshy, Qiuzhi Technology, Thetawave AI, Inc..
What was BAI Capital's most recent investment?
BAI Capital's most recent investment on Caplight was in NEX Team Inc. in 2026.
What sectors does BAI Capital focus on?
BAI Capital focuses on Consumer & Commerce, Crypto & Web3, Consumer & Commerce, Consumer & Commerce, FinTech, Consumer & Commerce, FinTech, Mobility, Transportation & Logistics, Consumer & Commerce, Consumer & Commerce, Mobility, Transportation & Logistics, FinTech, Media, Entertainment & Gaming, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, FinTech, Enterprise Software, Crypto & Web3, Consumer & Commerce, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Crypto & Web3, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Consumer & Commerce, Frontier & Industrial Tech, Media, Entertainment & Gaming, Crypto & Web3, Media, Entertainment & Gaming, Enterprise Software, Consumer & Commerce, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Consumer & Commerce, Crypto & Web3, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Telecommunications & Networking, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, FinTech, Consumer & Commerce, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Crypto & Web3, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, FinTech, Crypto & Web3, Consumer & Commerce, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Media, Entertainment & Gaming, Consumer & Commerce, Frontier & Industrial Tech, Media, Entertainment & Gaming, FinTech, Consumer & Commerce, FinTech, Real Estate & PropTech, Telecommunications & Networking, Enterprise Software, AI, Data & Cloud Infrastructure, Crypto & Web3, AI, Data & Cloud Infrastructure, Enterprise Software, Mobility, Transportation & Logistics, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Telecommunications & Networking, FinTech, Consumer & Commerce, AI, Data & Cloud Infrastructure, Consumer & Commerce, Consumer & Commerce, Real Estate & PropTech, Real Estate & PropTech, Frontier & Industrial Tech, Consumer & Commerce, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Energy & Sustainability, AI, Data & Cloud Infrastructure, Consumer & Commerce, AI, Data & Cloud Infrastructure, Consumer & Commerce, Frontier & Industrial Tech, Consumer & Commerce, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Mobility, Transportation & Logistics, Media, Entertainment & Gaming, Consumer & Commerce, FinTech, Mobility, Transportation & Logistics, Consumer & Commerce, Frontier & Industrial Tech.
What company stages does BAI Capital focus on?
BAI Capital typically invests at the Early stage.
What is BAI Capital's AUM?
BAI Capital's assets under management are estimated between $500.0M and $1.0B.