Eastern Bell Capital
钟鼎资本
Eastern Bell Capital (钟鼎资本) is a Chinese venture capital firm founded by Yan Li, who serves as its founding partner . As of early 2026, the firm had just completed its sixth RMB fund and second USD fund, crossing RMB 30 billion in total capital raised , though it has since kept a deliberately low profile with little external visibility .
The firm invests across stages from angel to growth, with a notable concentration in supply chain, logistics, and enterprise technology. Its portfolio includes Tec-Do, a global marketing and AI agent company where Eastern Bell led the 2022 round ; MatrixOrigin, a data intelligence company where it led the 2021 angel+ round ; and Lxson, a consumer-grade embodied intelligence startup where it led a RMB 200 million angel++ round in late 2025 . Other disclosed investments include Kolmostar, Xinliangji, Shenzhen Hando, GravityXR, Mokuai Technology, and YunYou Freight .
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Coverage
Yan Li: From Civilization Back to the Jianghu — 20 Scattered Thoughts at the End of 2025
Not on the shore, but on the crest of the wave.
暗涌Waves·"Boundless Dynamics" Closes 300 Million Yuan Series A, Co-Led by HSG and Linear Capital | Linear Portfolio
Focus on the R&D and iteration of foundation models driven by high-value scenarios.
线性资本·Managing $7 billion in annual ad spend, the person who understands global traffic better than anyone just built an AI agent
What happens when we treat data as a living organism?
暗涌Waves·Lxson Completes 200 Million Yuan Angel++ Round, Continues Focus on Consumer-Grade Embodied Intelligence Product Development
Accelerating the Mass-Market Scale-Up of Consumer Embodied AI Products
Monolith砺思资本·ZhenFund angel project LeXiang Technology announced the completion of a 200 million yuan angel++ round, continuing to focus on consumer-grade embodied intelligence product R&D
This funding round aims to accelerate the scaled deployment of consumer-grade embodied-intelligence products.
真格基金·The "Shadow World" of Globalization
What did the early movers get right?
暗涌Waves·2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
暗涌Waves·China's USD Funds Won't Disappear
Live long enough to long China.
暗涌Waves·5Y News | 5Y Capital Portfolio Company "Matrix Origin" Closes $10 Million Pre-A Round
Accelerating the adoption and real-world deployment of AI technology across industries.
五源资本·5Y News | GravityXR Closes Hundreds of Millions of RMB in Series A Funding to Advance Dedicated Chip for "XR Spatial Computing"
Create a brand-new world that blends the virtual and the real.
五源资本·GravityXR has completed a Series A financing round of several hundred million RMB, led by Lisi Capital.
A Complete Transformation of Future Human-Computer Interaction
Monolith砺思资本·Chip/Consumer Electronics/Gene Editing Firms Raise New Funding; Quantum Computers, Micro-Display Chips Achieve Global Leadership | Rongbao · April
Targeting international advanced standards.
高榕创投·"GravityXR" Closes Hundreds of Millions of RMB in Pre-A+ Round to Accelerate Development of High-Performance XR Chips
Designing core chips from the user experience backward.
高榕创投·January: Toward Broader Horizons | 5Y News Monthly
The big news from last month.
五源资本·5Y News | 5Y Capital Portfolio Company "Zhongke Guosheng" Closes Nearly RMB 100 Million Pre-A Round
Accelerate the development of China's bio-based materials industry.
五源资本·Two Decades of RMB Funds: Between Life and Death
Are USD Funds in Trouble? Is It the RMB Funds' Turn to Make a Move?
暗涌Waves·A grain of sand for the era, a mountain for USD funds
To survive in an era of sweeping change, keeping your eyes on the ground is never enough — you have to look up at the sky too.
暗涌Waves·November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
五源资本·Data Intelligence Company "MatrixOrigin" Closes Tens of Millions of Dollars in Angel+ Round | 5Y News
Explore the origins of the digital world.
五源资本·5Y News | Xpeng Motors announces completion of over $500 million Series A funding round
This marks the largest single funding round to date in Asia's low-altitude manned aircraft sector.
五源资本·YunYou Freight Announces Completion of Tens of Millions of Dollars in Series B+ Funding, Led by 5Y Capital | 5Y News
Let every individual operate more efficiently within an ordered, high-performing network.
五源资本·5Y News｜Influencer E-commerce Service Platform "Mokuai Technology" Closes Hundreds of Millions of Yuan in Series C+ Round
Social commerce service platform Mokuaan Technology recently completed a Series C+ round of several hundred million yuan, co-led by Eastern Bell Capital and 5Y Capital.
五源资本·In-Vehicle Intelligent Weighing Platform *Shenzhen Hando* Closes RMB 80 Million Series A Round, FreeS Fund Continues to Follow On | FreeS Fund News
Smart logistics is an inevitable trend. At its core lies the intelligence and automation of every link in the supply chain — which in turn depends on digitizing each of those links.
峰瑞资本·Leading Catering Supply Chain Enterprise Xinliangji Raises Another 300 Million Yuan | FreeS Fund Investment News
Fish, shrimp, crab, and shellfish — all caught in one net.
峰瑞资本·FreeS Fund Angel-Round Portfolio Company Kolmostar Closes $10 Million Series A | FreeS Fund Financing News
Provides positioning capabilities for IoT devices, mobile devices, and autonomous vehicles.
峰瑞资本·Li Jian of New Spicy Way: 22 Years, 3 Startups, Crossing Mountains and Seas — 6 Principles | FreeS Fund Business School
The "Ordinary Path" of a Restaurant Industry Veteran
峰瑞资本·
