# BAI Capital's Investments in China: 18 Startups by Sector (2026) > The 18 startups in China that BAI Capital has backed, by sector: Edtech, Fintech and Hardware & Electronics and more. $1.2B raised. Updated nightly. Source: https://millionrounds.com/portfolio-maps/bai-capital-2-investments-china (Millionrounds; every figure on the page links to its filing or article) ## Edtech 3 - [Hexiaoxiang](https://millionrounds.com/company/hexiaoxiang) - [*HX* Hongsong Xuetang](https://millionrounds.com/company/hongsong-xuetang) - [*CM* Cool Math](https://millionrounds.com/company/cool-math) ## Fintech 3 - [Linklogis](https://millionrounds.com/company/linklogis) - [*M* Meiliche](https://millionrounds.com/company/meiliche) - [*W* WeShare](https://millionrounds.com/company/weshare) ## Hardware & Electronics 2 - [MemBlaze](https://millionrounds.com/company/memblaze) - [TONOT](https://millionrounds.com/company/tonot) ## Consumer Apps 2 - [*L* LOOK](https://millionrounds.com/company/look) - [VeeR (Velocious)](https://millionrounds.com/company/veer-velocious) ## E-commerce 2 - [*D* Dahezi](https://millionrounds.com/company/dahezi) - [*FA* Fengdi Art](https://millionrounds.com/company/fengdi-art) ## AI 2 - [*RG* RM Group](https://millionrounds.com/company/rm-group) - [Fiture](https://millionrounds.com/company/fiture) ## Cloud 2 - [*P* PingCAP](https://millionrounds.com/company/pingcap) - [Taichi Graphics](https://millionrounds.com/company/taichi-graphics) ## Internet 2 - [Club Factory](https://millionrounds.com/company/club-factory) - [*L* Laguo](https://millionrounds.com/company/laguo) ## Segment by segment ### Edtech 3 startups · $54M raised - [**Hexiaoxiang**](https://millionrounds.com/company/hexiaoxiang) 杭州河象网络科技有限公司成立于2017年5月,以"为孩子提供有效、有趣的普惠教育"为使命,是一家专注3-12岁少儿素质教育的在线教育公司。采用"AI+教育"模式,融合图像识别、语音测评、智能匹配、人机交互及大数据分析等创新科技,自主研发课程。以"大语文综合素养 China $28M - [*HX* **Hongsong Xuetang**](https://millionrounds.com/company/hongsong-xuetang) Hongsong Xuetang provides online entertainment and live courses. China $16M - [*CM* **Cool Math**](https://millionrounds.com/company/cool-math) Cool Math is an excellent technical and operational talent from education companies. China $10M ### Fintech 3 startups · $440M raised - [**Linklogis**](https://millionrounds.com/company/linklogis) Linklogis is a supply chain financing service provider. China $220M - [*M* **Meiliche**](https://millionrounds.com/company/meiliche) China $130M - [*W* **WeShare**](https://millionrounds.com/company/weshare) Weshare is a platform helps users provide the most comprehensive and affordable shopping experience. China $90M ### Hardware & Electronics 2 startups · $28M raised - [**MemBlaze**](https://millionrounds.com/company/memblaze) Memblaze is a Beijing-based company founded in 2011 that specializes in enterprise-class PCIe NVMe SSD products and storage techno China $25M - [**TONOT**](https://millionrounds.com/company/tonot) TONOT is a manufacturer of smart electronics for young generations. China $2.9M ### Consumer Apps 2 startups · $40M raised - [*L* **LOOK**](https://millionrounds.com/company/look) China $24M - [**VeeR (Velocious)**](https://millionrounds.com/company/veer-velocious) Global VR content community for virtual reality lovers. China $16M ### E-commerce 2 startups · $3.3M raised - [*D* **Dahezi**](https://millionrounds.com/company/dahezi) Dahezi is an e-commerce platform for women's wear. China $3.0M - [*FA* **Fengdi Art**](https://millionrounds.com/company/fengdi-art) Fengdi Art is a E-commerce company. China $300K ### AI 2 startups · $11M raised - [*RG* **RM Group**](https://millionrounds.com/company/rm-group) RM Group is a creator of derivatives and technologies related to digital humans. China $10M - [**Fiture**](https://millionrounds.com/company/fiture) FITURE is a Chinese fitness technology company founded in 2019 and based in Chengdu, Sichuan. China $1.3M ### Cloud 2 startups · $400M raised - [*P* **PingCAP**](https://millionrounds.com/company/pingcap) PingCAP is a developer of an open-source, distributed SQL database for scalable transaction processing and real-time analytics. China $350M - [**Taichi Graphics**](https://millionrounds.com/company/taichi-graphics) Taichi Graphics is a software development company based in Beijing, founded in 2021 by Yuanming Hu and Ye Kuang. China $50M ### Internet 2 startups · $230M raised - [**Club Factory**](https://millionrounds.com/company/club-factory) Club Factory is a cross-border e-commerce marketplace based in Hangzhou, China. China $200M - [*L* **Laguo**](https://millionrounds.com/company/laguo) Laguo.com is an online, vertical recruitment platform. China $30M **How this map is made.** Every startup here has raised money in a round we track that names BAI Capital as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **BAI Capital portfolio map** 20 startups · $1.8B](https://millionrounds.com/portfolio-maps/bai-capital-2-portfolio-map)[Investments abroad **Index Ventures' investments in the United States** 217 startups · $50B](https://millionrounds.com/portfolio-maps/index-ventures-investments-united-states)[Investments abroad **Bossa Invest's investments in the United States** 161 startups · $6.5B](https://millionrounds.com/portfolio-maps/bossa-invest-investments-united-states)[Investments abroad **Village Global's investments in the United States** 127 startups · $6.5B](https://millionrounds.com/portfolio-maps/village-global-investments-united-states)[Investments abroad **True Ventures' investments in the United States** 126 startups · $5.3B](https://millionrounds.com/portfolio-maps/true-ventures-2-investments-united-states)[Investments abroad **Y Combinator's investments in the United Kingdom** 117 startups · $4.4B](https://millionrounds.com/portfolio-maps/y-combinator-investments-united-kingdom) ## Raising from investors like BAI Capital? 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