
Perspective · 14 Oct 2026
What we look for at pre-seed
At the earliest stage there is little data and a lot of judgment. Here is how we think about teams, markets and timing before a product exists.
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An early-stage venture capital firm. We back exceptional founders at pre-seed and seed, and stay with them through every stage of building an enduring company.
What We Invest In
We are generalists with a few strong opinions
Great companies come from unexpected places, so we keep our aperture wide. Most of our work falls into four areas:
Infrastructure, developer tools and applications that change how work gets done. We are especially interested in teams using AI to rebuild categories rather than add a feature.
Know More →Payments, credit, insurance and the financial rails for businesses and consumers who are still under-served by incumbents.
Know More →Products people love and tell their friends about. Marketplaces, brands, media and tools that earn attention honestly and keep it.
Know More →Companies built on real technical breakthroughs: digital health, energy, robotics, advanced manufacturing and the science that makes them possible.
Know More →Idea → Pre-seed → Seed → Series A → and beyond
Lead or co-lead + long-term capital + hands-on operating support
We invest in people first, and we stay for the whole journey!
We invest in people before markets. The founders we back own the vision; our job is to help them get there faster and with fewer unforced errors.
We lead or co-lead at pre-seed and seed, often before there is a product. We are comfortable with a deck, a prototype and conviction.
We invest from permanent capital rather than a fund with a clock. That means we can hold through cycles and follow on when it matters most.
Our partners have built and scaled companies themselves. We help with hiring, go-to-market, fundraising and the hard decisions in between.

BTD Group is an early-stage venture capital firm headquartered in Beijing and investing globally. We have been backing founders since 2023 and invest from permanent capital, which lets us think in decades rather than fund cycles. We lead or co-lead rounds from pre-seed to Series A, write initial cheques from US$250k to US$5M, and bring the operating experience of partners who have built companies themselves.

Perspective · 14 Oct 2026
At the earliest stage there is little data and a lot of judgment. Here is how we think about teams, markets and timing before a product exists.
Know More →
Perspective · 2 Jul 2026
Model access is now a commodity. The companies that endure will win on distribution, workflow and proprietary data, not on which model they call.
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News · 18 Mar 2026
We are formalising our early-stage investing under a dedicated team and a single name.
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