Pacdora
包小盒
Pacdora is an online 3D packaging design and printing service platform founded and led by CEO Xianfeng Wang . The company operates under the Chinese brand name "包小盒" (Baoxiaohe) and has positioned itself at the intersection of packaging design software and AI-assisted workflows .
In August 2022, Pacdora closed a nearly $10 million Series A round, with Linear Capital — which had led its angel round — continuing to increase its support alongside follow-on participation from GGV Capital and Sequoia China Seed Fund . Shortly after, it launched a packaging design AI plugin capable of auto-generating die lines, real-time 3D rendering, and rapid HD render production . By 2024, the company was actively pursuing international expansion, with Wang sharing Pacdora's "going global" experience at a Linear Capital portfolio event . Linear Capital has consistently featured Pacdora as a representative case of AIGC-enabled SaaS among its investments .
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Coverage
Expo Hopping and Gossip: Fresh Dispatches on Linear Capital From Inside and Outside WAIC | Linear News
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Linear Capital | Linear Path, Nonlinear Growth
Striving to become China's best frontier tech and innovation fund.
Linear Capital held its annual USD investor conference, while its angel-round portfolio company Horizon Robotics listed on the main board of the Hong Kong Stock Exchange.
Playing with Fire
Want to come to Silicon Valley? See for yourself those AI companies quietly making a fortune.
Meet companions, immerse yourself in the local scene, and find inspiration.
From Methodology to Real-World Experience: What Linear Capital's "AI/SaaS Going Global" Sharing Session Covered
On the afternoon of May 10, Linear Capital and Global SaaS/AI community Linkloud co-hosted the "AI/SaaS Global Expansion Meetup" as scheduled. We received an overwhelming number of registrations for this event — thank you again for your interest. Due to venue capacity constraints and the closed-door nature of the session, we're sharing select highlights from the gathering here.
Linear Capital | Linear Path, Nonlinear Growth
Striving to become China's best frontier technology and innovation fund.
Linear Capital AIGC Tech Salon Recap: AIGC Is Evolving by the Day — Has the Nature of Technology Changed?
At the end of May, Linear Capital co-hosted an AIGC tech salon in Hangzhou with portfolio company Manycore Tech. The event drew an overwhelming number of registrants — our thanks to everyone who signed up. The session ran for roughly three hours. Zeren Bai, Vice President of Investment at Linear Capital, kicked things off with an introduction to the firm, its investment focus, and standout portfolio companies, before diving into Linear Capital's existing AIGC investments and strategic approach to the sector.
No More 2020-Too, a Hopeful 2023 — Linear Capital's 2022 Year in Review
2022 was a difficult year for many, and the venture capital industry was no exception. Linear Capital has long been bullish on the future of AI integrated with industry and digitalization, but in 2022, uncertainty increased, and even tech investment — long seen as "an oasis in the desert" — was not immune to pessimism. According to data compiled by IT Juzi, both the number and value of investment deals in China's new economy sector declined for two consecutive quarters in the first half of the year, and deal activity remained subdued after the third quarter.
"Baoxiaohe" Launches "Packaging Design AI Plugin": Auto-Generates Die Lines, Real-Time 3D Rendering, Rapid High-Definition Render Production
In late August, following its announcement earlier that month of a nearly $10 million Series A round, online 3D packaging design and printing service platform "Baoxiaohe" held a launch event to unveil its "Packaging Design AI Plugin" — a tool designed to help designers more efficiently complete packaging design proposals, generate packaging renderings, and produce interactive 3D packaging scenarios.
Linear News | Linear Capital's Angel Round Lead "Baoxiaohe" Closes Nearly $10 Million Series A, with Existing Investor Linear Capital Continuing to Increase Support
Build an overseas version of a 3D packaging design platform.
Multiple founders and executives from Linear Capital's portfolio companies have been selected for 36Kr's "X·36Under36" list.
On the evening of June 9, 36Kr unveiled the "X·36Under36 S-Class Young Entrepreneurs List." This marks the sixth year that 36Kr has published its "36 Under 36" list. Unlike previous editions, this year 36Kr elevated "36 Under 36" to the "X·36Under36 S-Class Young Entrepreneurs List," with the aim of identifying more potentially great Chinese entrepreneurs at an earlier stage. **Among the honorees, 13 are founders of portfolio companies backed by Linear Capital.**
