Eastern Bell Capital

Eastern Bell Capital (钟鼎资本) is a Chinese venture capital firm founded by Yan Li (严力), who serves as its founding partner . According to a 暗涌Waves profile from February 2026, the firm had by then raised its sixth RMB fund and second USD fund, pushing assets under management past the 30 billion RMB mark — though the piece notes Eastern Bell has "grown low-key in recent years," with little information available to outsiders . Yan Li himself has said he only felt he'd "taken a seat at the primary-market main table" when raising that second USD fund .

Judging by the deal flow visible in elsewhere's corpus, the firm is an active co-investor across consumer, supply chain, and hard tech: it co-led Mokuai Technology's hundreds-of-millions C+ round with 5Y Capital in 2020 , led MatrixOrigin's tens-of-millions angel+ round in 2021 , backed Ruigu Mall across multiple rounds totaling $400 million , and has continued adding to positions as recently as 2026 — topping up Xuntu Technology's near-200-million-RMB Series A and joining rounds for embodied-AI names like Kunlunxing Robotics and Poke Robotics .