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CorporateVentureCapital.com

Lenovo Capital and Incubator Group

Profile, fund size and portfolio

Parent Lenovo Group LimitedHQ Beijing, ChinaFounded 2016

Lenovo Capital and Incubator Group is the corporate venture arm of Lenovo Group Limited (computer hardware and IT services). It was founded in 2016 and is based in Beijing, China. It invests from Seed to Series B in AI and industry applications, computing hardware and software, embodied intelligence.

Companies backedS1
330+
IPOsS1
26+

Every figure links to its source

Snapshot

Investment stage: Seed to Series B
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series B
SectorsAI and industry applications, Computing hardware and software, Embodied intelligence, Smart healthcare, Advanced manufacturing, New energy
GeographyGlobal
OfficesBeijing, China, Shanghai, China, Shenzhen, China, Hong Kong, China, Tel Aviv, Israel, San Francisco Bay Area, United States

Sources: S8 Chinaventure: DISCOVER Robotics angel round, Lenovo Capital participates; S1 Lenovo Capital (联想创投) team intro page; S6 Lenovo StoryHub press release, 4 May 2016.

Graphic 1 of 3

Investment stage: Seed to Series B

Investment stage: Seed to Series BBar showing Lenovo Capital and Incubator Group invests from seed to series b. Sector chips: ai and industry applications, computing hardware and software, embodied intelligence, smart healthcare, advanced manufacturing, new energy. Geography: Global.Investment stage: Seed to Series BLenovo Capital and Incubator GroupSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stagePORTFOLIO MIXPortfolio by the firm's own tags, share of 233 companiesAI大数据16.3% (38)智能物联网3% (7)企业服务云计算6.9% (16)核心部件22.7% (53)机器人9.9% (23)GEOGRAPHYGlobalCorporateVentureCapital.comSources: S8, S1, S6, listed on the profile
Data behind this graphic
ItemValue
Stage rangeSeed to Series B
SectorsAI and industry applications, Computing hardware and software, Embodied intelligence, Smart healthcare, Advanced manufacturing, New energy
GeographyGlobal
OfficesBeijing, China, Shanghai, China, Shenzhen, China, Hong Kong, China, Tel Aviv, Israel, San Francisco Bay Area, United States

Sources: S8 Chinaventure: DISCOVER Robotics angel round, Lenovo Capital participates; S1 Lenovo Capital (联想创投) team intro page; S6 Lenovo StoryHub press release, 4 May 2016.

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Investments closed by company type
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
投资企业22250.2%
智慧行业5412.2%
核心部件5312%
AI大数据388.6%
机器人235.2%
企业服务云计算163.6%
联想孵化企业112.5%
消费升级及其它102.3%
AR/VR81.8%
智能物联网71.6%

A company can carry more than one tag

Sources: S3 Lenovo Capital member companies (company_list.html POST feed).

Graphic 2 of 3

Investments closed by company type

Investments closed by company typeDonut chart of portfolio by the firm's own tags: 投资企业 50.2%, 智慧行业 12.2%, 核心部件 12%, AI大数据 8.6%, 机器人 5.2%, 企业服务云计算 3.6%, Other (4 tags) 8.1%.Investments closed by company typeLenovo Capital and Incubator Group · Portfolio by the firm's own tags442TAGS ON 233 COMPANIES投资企业50.2% 222智慧行业12.2% 54核心部件12% 53AI大数据8.6% 38机器人5.2% 23企业服务云计算3.6% 16Other (4 tags)8.1% 36CorporateVentureCapital.comSource: Lenovo Capital member companies (company_list.html POST feed)
Data behind this graphic
ItemCompaniesShare
投资企业22250.2%
智慧行业5412.2%
核心部件5312%
AI大数据388.6%
机器人235.2%
企业服务云计算163.6%
联想孵化企业112.5%
消费升级及其它102.3%
AR/VR81.8%
智能物联网71.6%

A company can carry more than one tag

Sources: S3 Lenovo Capital member companies (company_list.html POST feed).

Download:Report a correction
Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed330+companiesStated by the firmS1
IPOs26+IPOsStated by the firmS1
Companies on the firm's portfolio page233companiesCounted from the firm's own listS3

Sources: S1 Lenovo Capital (联想创投) team intro page; S3 Lenovo Capital member companies (company_list.html POST feed).

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedLenovo Capital and Incubator Group headline size not disclosed by the firm. Dot strip of 3 published counts: Companies backed 330+; IPOs 26+; Companies on the firm's portfolio page 233.Scale and capital allocatedLenovo Capital and Incubator GroupNot disclosed by the firm.COUNTS THE FIRM AND ITS PAGES PUBLISH101001,000Companies backed330+ companiesIPOs26+ IPOsCompanies on the firm's portfolio page233 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: S1, S3, listed on the profile
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed330+companiesStated by the firmS1
IPOs26+IPOsStated by the firmS1
Companies on the firm's portfolio page233companiesCounted from the firm's own listS3

Firms and databases count companies, rounds and investments differently.

Sources: S1 Lenovo Capital (联想创投) team intro page; S3 Lenovo Capital member companies (company_list.html POST feed).

Download:Report a correction

Where it invests and who leads it

Geography

Headquarters
Beijing, China
Offices
  • Beijing, China
  • Shanghai, China
  • Shenzhen, China
  • Hong Kong, China
  • Tel Aviv, Israel
  • San Francisco Bay Area, United States

Investment regionsS8S1S6

  • Global

LeadersS2

  • Zhiqiang He (贺志强)Senior Vice President of Lenovo Group; President and Founding Partner, Lenovo Capital and Incubator Group [site title: 联想集团高级副总裁, 联想创投总裁 创始合伙人]Find on LinkedInFirm page
  • Guangxi Wang (王光熙)Vice President of Lenovo Group; Managing Partner, Lenovo Capital [site title: 联想集团副总裁, 联想创投管理合伙人]Find on LinkedInFirm page
  • Chunyu Song (宋春雨)Vice President of Lenovo Group; Chief Investment Officer and Senior Partner, Lenovo Capital [site title: 联想集团副总裁, 联想创投首席投资官 高级合伙人]Find on LinkedInFirm page
  • Lin Lin (林林)Vice President of Lenovo Group; Partner, Lenovo Capital [site title: 联想集团副总裁, 联想创投合伙人]Find on LinkedInFirm page
  • Yan Yan (闫岩)Vice President of Lenovo Group; Partner, Lenovo Capital [site title: 联想集团副总裁, 联想创投合伙人]Find on LinkedInFirm page

Lenovo Capital and Incubator Group on LinkedIn

Key facts

FactValueStatusSource
Parent companyLenovo Group LimitedSingle sourceS6
Parent industryComputer hardware and IT servicesSingle sourceS6
Founded2016Single sourceS1
HeadquartersBeijing, ChinaSingle sourceS4
StatusActiveSingle sourceS1
Companies backed330+Single sourceS1
Exits26 IPOsSingle sourceS1
People on the team page10Single sourceS2
StagesSeed, Series B (inferred from announced rounds)EstimateS8

Portfolio

The firm's portfolio page lists 233 companies.S3

The firm also states 330+ companies backed. The page list and the stated total measure different things.S1

Portfolio by the firm's own tags. A company can carry more than one tagS3
TagCompaniesShare
AI大数据3816.3%
智能物联网73%
企业服务云计算166.9%
核心部件5322.7%
机器人239.9%
AR/VR83.4%
智慧行业5423.2%
消费升级及其它104.3%
投资企业22295.3%
联想孵化企业114.7%

Shared portfolio with other corporate VCs

11 companies on the Lenovo Capital and Incubator Group portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
Shangqi Capital6图灵量子, 宁德时代, 无问芯穹, 比亚迪半导体, 进迭时空, 逐际动力
Cisco Investments1Mistral AI
Databricks Ventures1Mistral AI
Salesforce Ventures1Mistral AI
Samsung Ventures1Mistral AI
Amazon Industrial Innovation Fund1CoreTigo
Qualcomm Ventures1CoreTigo
Intel Capital1Landing AI
Samsung Catalyst Fund1Landing AI
Singtel Innov81DataMesh
Unilever Ventures1Milk Basket

Companies backed by the most corporate VCs

Every company on the Lenovo Capital and Incubator Group list

233 companies, as listed on the firm's own website.S3 Read the firm's list.

  • 浙江人形
  • 浙江人形
  • 720健康
  • Ahalab
  • Anyware robotics
  • Atomix
  • CoreTigo
  • Dataloop
  • DataMesh
  • Deepway深向
  • HKbitEX
  • IC Bench伴芯
  • Industrial Next
  • Landing AI
  • Liblib
  • Milk Basket
  • Mistral AI
  • Noah
  • Pear Limited
  • Pixocial
  • Syrius炬星
  • Vincross
  • 一生智能ONE2X
  • 万咖壹联
  • 万有引力
  • 上海众言
  • 上海商派
  • 东软智睿
  • 中农种源
  • 中合基因
  • 中奥科技
  • 中科慧灵
  • 中科慧眼
  • 中科慧远
  • 中科时代
  • 中科物栖
  • 中科睿医
  • 中科谱光
  • 中科鉴芯
  • 乐知新创
  • 乐逗游戏
  • 云信达
  • 云杉网络
  • 云芯机器人
  • 云迹
  • 亚泽
  • 京微齐力
  • 伏达
  • 先博生物
  • 光羽芯辰
  • 全知科技
  • 凌迪
  • 凯佳光科
  • 分子之心
  • 北斗伏羲
  • 医贝云服
  • 半图
  • 华兴半导体
  • 华控清交
  • 华景
  • 华翊量子
  • 协能
  • 南京天洑
  • 卫蓝
  • 原力灵机Dexmal​
  • 合光
  • 合力能源
  • 后摩智能
  • 呈元Syneron
  • 商汤医疗
  • 嘉泰
  • 固高科技
  • 国民认证
  • 图灵量子
  • 基石数智
  • 多点
  • 天泽智云
  • 奥特乐
  • 宁德时代
  • 它石智航
  • 安敏瑞
  • 安牧泉
  • 寒武纪
  • 小熊U租
  • 康诺思腾
  • 开放传神
  • 开源中国
  • 强联智创
  • 当红齐天
  • 微容
  • 微纳核芯
  • 德图
  • 志凌海纳(SmartX)
  • 思特威
  • 思维天空Youmind
  • 思谋科技
  • 慧闻科技
  • 戴盟机器人
  • 扬天科技
  • 拜尔洛克
  • 揽岳AB
  • 摩尔
  • 数字栩生
  • 文石
  • 新创元
  • 新声
  • 无问芯穹
  • 旷视科技
  • 昂瑞微
  • 易唯科
  • 星动纪元
  • 星海图
  • 普递瑞
  • 智冉医疗​
  • 智谱AI
  • 暖哇科技
  • 暗物智能
  • 木卫四
  • 未来机器人
  • 本末科技
  • 机器之心
  • 来福减速器
  • 杰华特
  • 极狐
  • 枡水新能
  • 此芯科技
  • 武汉新芯
  • 比亚迪半导体
  • 水滴农厂
  • 求之科技
  • 江行智能
  • 沐曦
  • 派得
  • 派电智能
  • 派电科技
  • 浙江中控
  • 海光
  • 海纳AI
  • 深势科技
  • 深城交
  • 深度原理
  • 深慧视
  • 清听声学
  • 清程极智​
  • 滴灌通
  • 澜舟科技
  • 燃数科技
  • 爱博医疗
  • 爱科微
  • 爱笔
  • 物界
  • 物美
  • 玛斯特
  • 环波科技
  • 珠海冠宇
  • 瑞普晨创
  • 瑞风生物
  • 甚磁
  • 生合万物
  • 生葆
  • 益思芯
  • 知其安
  • 矩阵多元
  • 矽视
  • 碳硅智慧
  • 磅客策
  • 科恩里斯
  • 第四范式
  • 紫东太初
  • 红圈营销
  • 纵行科技
  • 细刻
  • 细红线
  • 维他动力Vita
  • 维纳
  • 美团
  • 耐德佳
  • 联想协同
  • 联想懂的通信
  • 联想教育
  • 联想新视界
  • 联想超融合
  • 联想金融
  • 联晟智达
  • 致敬未知
  • 臻驱
  • 艾利特
  • 艾吉威
  • 芯岩光半导体
  • 芯盟
  • 芯科未来
  • 芯驰科技
  • 茄子快传
  • 莫界
  • 蓝卓
  • 蓝芯算力
  • 蔚来汽车
  • 西安臻泰智能
  • 西湖烟山
  • 视光半导体科技
  • 视见科技
  • 设序
  • 诺谛智能
  • 谛声
  • 赛德
  • 超硅
  • 跨维
  • 路特斯
  • 轻舟智航
  • 迈步机器人
  • 进迭时空
  • 迦智
  • 逐际动力
  • 途虎养车
  • 逗号科技
  • 钛方科技
  • 钛深科技
  • 铭芯启睿
  • 银河水滴
  • 链安科技
  • 锐思智芯
  • 长木谷
  • 闪联
  • 阶跃星辰
  • 阿童木
  • 随幻
  • 零重力
  • 飞腾
  • 飞马机器人
  • 麒麟软件
  • 黑芝麻
  • 鼎道智联
  • 龙飞微

Fund vehicles

VehicleSizeYearNoteSource
Lenovo Capital Phase II Investment FundUSD 500M2016Initial investment through the fund at LCIG launchS6

History

  1. Lenovo announces Lenovo Capital and Incubator Group with USD 500M Phase II fund.S6

Where sources disagree

  • Companies count: 330+ companies invested (firm text 已投资超330家) (S1) vs 222 investment companies shown in member list feed (S3). Firm headline vs member list on site.S1S3

Official pages

Read the firm's own pages for current information.

Sources

  1. S1Lenovo Capital (联想创投) team intro pageFirm
  2. S2Lenovo Capital core team pageFirm
  3. S3Lenovo Capital member companies (company_list.html POST feed)Firm
  4. S4Lenovo Capital contact page (offices)Firm
  5. S6Lenovo StoryHub press release, 4 May 2016Parent company
  6. S7CB Insights top CVCs by company count (from ranked_100 note)Third-party report
  7. S8Chinaventure: DISCOVER Robotics angel round, Lenovo Capital participatesPress
  8. S9Tencent News: Qingting Acoustics B+ round led by Lenovo CapitalPress
  9. S10Eastfi: Muchuang IC Series B, Lenovo Capital strategic investorPress

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Lenovo Capital and Incubator Group or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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