Flyfot Ventures

Flyfot Ventures is a venture capital firm based in the Haidian District of Beijing, China, that provides equity financing to early-stage technology companies. The firm primarily focuses its investment strategy on the technology, media, and telecommunications sectors, alongside artificial intelligence and industrial Internet of Things applications. Since its inception, the organization has executed a total of 47 investments across its target industries to support emerging business models. Its active portfolio includes notable startups such as VisionNav Robotic, which secured a $14.2 million Series B1 round with the firm's participation, and Yinuojike, which completed a Series A financing in March 2025. Additionally, the firm held a 2% equity stake in portfolio company InHand Networks prior to its $52 million initial public offering on the STAR Market in February 2020. Flyfot Ventures was established by founding partner Lisheng Yao.