Eastern Bell Capital

Eastern Bell Capital (钟鼎资本) is a venture capital firm founded by Yan Li (严力) and Mei Zhiming, co-founder and CEO of Prologis, in 2010 amid China's "全民PE" frenzy . The firm began as an opportunistic investor exploiting public-private market arbitrage, but later pivoted toward what 暗涌Waves described as one of the most successful transitions from "opportunity-driven investing" to "industrialized investing" among domestic Chinese funds . By early 2026, Eastern Bell had completed fundraising for its sixth RMB fund and second USD fund, crossing RMB 30 billion in assets under management, though the firm had grown notably low-profile in recent years with scarce external information available . Yan Li remains its founding partner and CEO, described by 暗涌Waves in early 2026 as appearing "more通透 [clear/transparent]" compared to five years prior . The firm's notable investments include leading the Series B in Tec-Do (钛动科技) in 2022, a marketing technology company managing $7 billion in annual ad spend, where partner He Chuan praised the business's "very high moat" .