China · Investor

Linear Capital

Last cheque observed Jan 2026; 5 cheques on record.

VC firmDeploying nowNew fund $300M, Aug 2026

SeedSeries ASeries BWearablesSmart ClothesIoT

Deploying now
50%of best year1cheques in 12 months, 5 on record
Since the last cheque291days00hrs00min00sec
Median round$69MCheque size, as they say$1.0M – $10MRounds led0 of 5Mostly inChina, 40%
Pitch Linear Capital

Linear Capital highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series B and Seed: 75% of its rounds

What they do

Linear Capital is a Frontier Tech Fund ... We typically lead investments from angel to Series A stages, with a standard commitment ranging from $1 million to $10 million per project.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$1.0M – $10M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
WearablesSmart ClothesIoT
Based in
Beijing, China
Cold pitches
Not accepted

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    1 round

  2. Jan
    DealismSG · Contxto$15MWith 2 others
  3. 2025

    1 round

  4. Jul
    TARSSeed · CN · TechNode$122MWith 9 others
  5. 2015

    2 rounds

  6. Aug
    YogrtSeries A · ID$3.0MWith 1 other
  7. May
    FraudMetrixSeries B · CN$30MWith 4 others
  8. 2014

    1 round

  9. Apr
    Ayla NetworksSeries B · US$15MWith 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration2 named

BNBin N/A LiDirector of the General PartneriFiling they signed
HNHuai N/A WangDirector, Chairman, CFO, and SecretaryiForm ADV

We also hold 13 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$1.3Bgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Linear Venture, LTD.
SEC number
CRD 318471

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Cdn

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Linear Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Linear Capital put money into.

Quick answers about Linear Capital

What does Linear Capital invest in?

Linear Capital invests most often at Series B and Seed (75% of the rounds on record), in sectors such as Wearables, Smart Clothes and IoT.

How active is Linear Capital?

5 investments on record, 1 of them in the last 12 months. The most recent was in Jan 2026.

What has Linear Capital invested in recently?

Its most recent investments on record: Dealism (Jan 2026) and TARS (Seed, Jul 2025).

How big are Linear Capital's cheques?

The median round it joins is $69M. It says it writes cheques of $1.0M to $10M.

Does Linear Capital lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Linear Capital invest?

Most of the companies it backs are in China (40%), Singapore (20%) and Indonesia (20%).

Is Linear Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Linear Capital invest alongside?

Most often Qiming Venture Partners (2 rounds together) and Saif Partners (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it