Baidu Ventures is a venture capital firm in Beijing that focuses on investing in tech companies. Founded 2016 in Beijing, China, it invests in early stage ventures, series A, seed, series B, angel rounds, and series C rounds. Its portfolio companies include RealAI, OpenSpace, Ripcord, Linctex, and Spatial. As of March 2020, Baidu Ventures has made 86 investments. Their most recent investment was on February 11, 2020, when Linctex raised $14M. Baidu Ventures has had one exit, which was Proud Kids. The company has raised two funds, their latest being Renminbi Denominated Fund II. This fund was announced on February 2, 2018 and raised a total of CN¥2B.