Baidu Ventures (BV) is an independent venture capital firm initiated by Baidu Group in 2017, focused on early-stage AI-driven technology companies across generative AI, embodied intelligence, autonomous driving, advanced computing, and life sciences. Its latest fund, Fund III, closed at $400 million.
They made 4 investments in the last 12 months. Average disclosed round size is $136.2M (across 79 rounds with reported amounts).
Portfolio
76
Fund Size
—
Top Stage
Series A
Last 12 Mo
4
Team
XG
Xue Gao
CEO and Managing Partner
SL
Shui Liu
Managing Director
SF
Saman Farid
Partner
FY
Fang Yuan
Vice President of investments
BL
Bowen Li
AI Investor
RL
Robin Li
Chair of the investment committee
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
100 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| KKling AI | Unknown | $2.8B | Jul 2026 |
| TTripo AI | Growth | $50M | Mar 2026 |
 Layla | Unknown | — | Mar 2026 |
 Sand.ai | Unknown | $100M | Jan 2026 |
 TestSprite | Seed | $6.7M | Oct 2025 |
 Zelos | Series B | $100M | Jan 2025 |
 DeepWisdom | Unknown | $30.6M | Jan 2025 |
 Ripcord | Series B | $35M | Oct 2023 |
 Plotlogic | Series A | $18M | Mar 2022 |
| GGenFleet | Series C | $75M | Dec 2021 |
 BioMap | Series A | $100M | Aug 2021 |
 Insilico Medicine | Series C | $255M | Jun 2021 |
 Insilico Medicine | Series C | $255M | Jun 2021 |
 ECarX | Series A | $200M | Feb 2021 |
 Yaoshibang | Series C | $270M | Jan 2021 |
| VVesper MEMS | Series B | $23M | Jan 2021 |
 Vesper | Series B | $8M | Jan 2021 |
 Vesper | Series B | $40M | Jan 2021 |
| WWeimai | Series C | $100M | Dec 2020 |
| XXAG | Unknown | $46M | Nov 2020 |
| ECarX | Unknown | — | Oct 2020 |
 Kebotix | Series A | $11.4M | Apr 2020 |
 Spatial | Series A | $14M | Jan 2020 |
| AAirlook | Series B | — | Jan 2020 |
 Rootpath | Series A | — | Jan 2020 |
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Top Co-Investors
Sinovation Ventures11 shared
SIG Asia Investment10 shared
HongShan6 shared
Shunwei Capital6 shared
Source Code Capital5 shared
DCM Ventures5 shared
Tencent Investment4 shared
Warburg Pincus LLC4 shared
Chengwei Capital4 shared
MPC4 shared
DCVC3 shared
B Capital3 shared
GV3 shared
CPE3 shared
Bold Capital Partners3 shared
Eight Roads3 shared
Lake Bleu Capital3 shared
Danhua Capital3 shared
IDG Capital3 shared
Ant Group3 shared
Last updated: 20 October 2026