All funds
$74Mdisclosed portfolio round capital
1 Jan, 2020last investment
2portfolio companies
0team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across series a, series d. Later-round outcomes are capped at the period end.

100%companies with a later round · 2/2
9166667.56×median round-size step-up · n=2
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 2 syndicated
Metaverse · 1 companiesPayments · 1 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.

People

Team

No team details are available yet.

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Baidu is recorded as an investor.

Circle logo

Circle

crypto
Payments

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains.

Ipo4 Jun, 2025$1100T round
Unknown1 Apr, 2022$400M round
Unknown28 May, 2021$440T round
Unknown30 Jul, 2020$25T round
Strategic1 Jun, 2020$25M round
Series E15 May, 2018$110T round
Series D1 Jun, 2016$60M roundSyndicated · 7 disclosed investors
Series D13 May, 2016$60T round
Series C30 Apr, 2015$50T round
Series B1 Mar, 2014$17M round
Series A1 Nov, 2013$9M round
Spatial logo

Spatial

out of scope
Metaverse

Spatial is a 3D gaming and virtual world platform where creators and brands can build and share immersive social experiences for web, mobile, and VR/AR. It focuses on user-generated content (UGC), providing a Creator Toolkit for Unity and a virtual economy for monetization. The platform aims to be a 'YouTube for games,' shifting online interaction from passive viewing to active participation.

Series B1 Dec, 2021$25M round
Series A1 Jan, 2020$14M roundSyndicated · 7 disclosed investors
Seed1 Oct, 2018$8M round