Linear Capital is a frontier tech venture capital firm founded in 2014 and headquartered in Shanghai, China. The firm invests at the earliest stages in startups applying advanced technologies—across AI software, AI hardware & embodied intelligence, and AI for science—to solve real-world problems, managing 10 funds with over US$2 billion in AUM.
Deal activity increased 50% year-over-year (3 deals in the last 12 months). Average disclosed round size is $73.8M (across 46 rounds with reported amounts).
Portfolio
38
Fund Size
$2B
Top Stage
Series A
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
62 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Tars | Seed | $455M | Jun 2026 |
| 它它石智航 | Seed | $455M | Jun 2026 |
| 它它石智航 | Seed | $455M | Apr 2026 |
 D-Robotics | Series B | $270M | Jan 2026 |
| D-Robotics | Series C | $400M | Jan 2026 |
 Whale | Series C | $60M | May 2025 |
 Final Round | Seed | $6.9M | Jan 2025 |
 Dealism | Seed | $15M | Jan 2025 |
 RIVR | Series A | $1M | Jan 2025 |
 Neat | Series A | $55M | Sep 2024 |
 Swiss-Mile | Seed | — | Aug 2024 |
 Igloo | Series A | $11M | Jul 2024 |
| RIVR | Seed | $22M | Jan 2024 |
 Datablau | Series B | $15.7M | Jan 2023 |
 Uniner technology | Series A | — | Sep 2022 |
 AIKENONG | Series A | $100M | Jun 2022 |
 Guandata | Series B | $44.2M | Jan 2022 |
 Pacdora | Series A | $10M | Jan 2022 |
| AAirgram | Series A | $10M | Jan 2022 |
| AIKENONG | Series A | — | Jan 2022 |
 Baoxiaohe | Series A | $10M | Jan 2022 |
 GUANGLI | Series B | $15.7M | Nov 2021 |
 Agile Robots | Series C | $220M | Sep 2021 |
 StoneWise | Series B | — | Apr 2021 |
| Agile Robots | Seed | — | Jan 2021 |
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Top Co-Investors
GL Ventures12 shared
HongShan10 shared
SoftBank Vision Fund5 shared
Crosslink Capital5 shared
Voyager Ventures5 shared
Cisco Investments5 shared
Hillhouse Investment5 shared
Meituan4 shared
Source Code Capital4 shared
Sky9 Capital3 shared
Pacific Century Group3 shared
SJF Ventures3 shared
SAIF Partners3 shared
The Carlyle Group3 shared
5Y Capital3 shared
Acorn Pacific Ventures3 shared
Tiger Global Management, LLC3 shared
GGV Capital3 shared
Bits x Bites3 shared
Last updated: 20 October 2026