
LEAP CAPITAL
Committed to invest in smart hardware companies
with potential to become global leader.
WHO are we
Leon Zheng Founder
Graduated from Zhejiang University and Tsinghua University, with over 10 years of experience in venture capital.
Studied at Babson College in the United States and EM Lyon Business School in France.
Published over 60 original articles about venture capital.
WHO do we invest
Companies our team has previously led investments
or participated in investment decisions
Global leader in humanoid robotics
The company is committed to build a new generation of intelligent robotics platforms. Its products encompass not only hardware but also extensive in-house developed and integrated software for motion control, perception, and decision-making.
Unitree's humanoid robot products garnered immediate industry attention upon release. Its first model, H1, achieved shipments of hundreds of units in 2024 at a unit price of ¥500–600 thousand, establishing the company as the world's largest humanoid robot manufacturer by volume. Initial clients included globally renowned AI companies and research institutions. The second model, G1, launched in May 2024, stunned the industry with its unit price of ¥99 thousand, exceptional performance, and unprecedented degrees of freedom.
Global leader in AI glasses
The company is committed to develop AI glasses and other hardware/software products while building an ecosystem powered by the YodaOS-XR operating system. Its products are widely used in consumer, cultural tourism, industrial, and medical applications. Rokid has attracted over 13,000 ecosystem developers, including nearly 4,000 enterprise-level developers.
Rokid Glasses feature display capabilities and support multiple functions including smart dialogue, real-time translation, automatic navigation, and teleprompter. Within one week of launch, the product sold 40,000 units across all channels at a price of ¥3,299, with current pre-orders exceeding 300,000 units.
Global leader in eVTOL
The core team comprises members from world-class aviation enterprises including COMAC, Airbus, GE, Collins, and Honeywell, with key personnel having been deeply involved in the development of COMAC's ARJ21/C919/C929 aircraft.
Volant's inaugural product, the VE25, features a composite wing structure with a takeoff weight of 2.5 tons, capable of carrying one pilot and five passengers. Application for the Type Certificate of the VE25-100 eVTOL was accepted in September 2023. The development batch aircraft has completed unprotected free flight tests, with airworthiness certification for this model expected by the end of 2026. The company has accumulated over 30 billion yuan in letters of intent and has secured China's first formal commercial order.
Contact us
zhenghualiang@leapcap.vc


