Baidu Ventures

Baidu Ventures, established in 2017, is an independent venture capital fund backed by Baidu and other prominent investors. With approximately $500 million under management across three funds and offices in Beijing and San Francisco, the firm invests in early-stage companies driving innovation in artificial intelligence, autonomous driving, life sciences, robotics, big data, and related technologies. Its mission is to support entrepreneurs transforming how we work, live, and interact through cutting-edge technologies.

Liu Shui

Managing Director

Liu Qiang

Vice President

Yongteng Wen

Investment Director

Fang Yuan

Director

Zhang Zihao

Investment Manager

Yuhao Zhang Ph.D

Principal

Past deals in LED

Saphlux

Series B in 2022
Saphlux, Inc. is a company based in New Haven, Connecticut, that specializes in the development, production, and commercialization of advanced semi-polar gallium nitride (GaN) materials. Founded in 2014, Saphlux addresses critical challenges in LED and laser technology, specifically targeting droop and green gap issues. The company offers semi-polar GaN templates in various sizes and is known for its innovative quantum dot (QD) technology integrated into micro-LED solutions. Saphlux designs and manufactures micro-LED chips and micro-display modules, including the NPQD R1 chip for public information displays and the NPQD T1 micro-display for augmented reality glasses. With a focus on enhancing output power and performance while reducing costs, Saphlux operates on a global scale, serving markets in the United States, China, and Japan.

JHETECH

Series A in 2022
JHETECH is a company specializing in LED lighting technologies for the automotive industry. It offers a range of products, including front combination lamps, rear combination lamps, fog lights, daytime running lights, and OLED modules. By focusing on innovative and eco-friendly solutions, JHETECH enables automotive lamp providers to deliver energy-efficient and carbon-reducing lighting options. The company's commitment to advanced LED module solutions positions it as a key player in the automotive lighting sector, catering to both domestic suppliers and the broader market.

JHETECH

Venture Round in 2021
JHETECH is a company specializing in LED lighting technologies for the automotive industry. It offers a range of products, including front combination lamps, rear combination lamps, fog lights, daytime running lights, and OLED modules. By focusing on innovative and eco-friendly solutions, JHETECH enables automotive lamp providers to deliver energy-efficient and carbon-reducing lighting options. The company's commitment to advanced LED module solutions positions it as a key player in the automotive lighting sector, catering to both domestic suppliers and the broader market.

Light Theto

Series B in 2019
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

Light Theto

Series A in 2017
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.
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