Cindy Bi reinvests 80% of her management fees back into her fund with a $200,000 annual minimum commitment and built her venture track from immigrating from China at 20 to study civil engineering, then founding and selling a hardware company while working full-time as a software consultant at Accenture. Before raising outside capital, she personally invested over $400,000 of her own money into startups and accumulated a portfolio of 100+ investments including three unicorns seeded as early as 2012, and pioneered the use of AngelList's Rolling Fund structure as an early adopter, raising over $2M in two weeks largely via social media.
About their Fund
Sectors
Enterprise, SaaS, Devtools
Rounds
Seed - Series A
Avg Check Size
$250K
Notable Investments
CapitalX is a solo GP fund run by Cindy Bi, who built her track record through 100+ personal angel investments (including 3 unicorns) before launching the fund, and operates with an "online-first" investment approach where she often wires money without meeting founders in person. The fund maintains an unusually operator-heavy LP base where ~70% are founders or operators who serve as an extension of the portfolio support network, and has achieved an exceptionally high unicorn hit rate with 18 unicorns (15 from seed) that it prominently features as social proof.
Other partners at the fund
No items found.
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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