Legend Capital

Legend Capital is a Beijing-based venture capital firm and subsidiary of Legend Holdings. Founded in 2001, it focuses on early-stage and growth investments in technology-driven sectors with operations anchored in China and related markets. The firm backs companies in IT, internet applications and services, outsourcing, IC design and key components, as well as sectors such as telecommunications, media, healthcare, consumer and intelligent manufacturing. It manages multiple funds and actively supports portfolio companies with business development, market positioning and access to Chinese markets to create value. Legend Capital aims to back high-growth ventures and build lasting value in China's venture capital ecosystem.

Daqing Cai

Managing Director

Chen Hao

Managing Director and Head of Investment

Rui Chen

Managing Director

Raymond Chen

Co-Chief Investment Officer

FAN Qihui

Executive Director

Past deals in Manufacturing

Force Inspiration

Angel Round in 2025
Force Inspiration is a start-up focusing on embodied intelligence technology. The company mainly engages in technology development, technical consulting, software development, basic artificial intelligence software development, information system integration services, intelligent robot research and development and sales, and industrial robot manufacturing and sales.

AiCheng Technology

Series B in 2025
Suzhou Aicheng Technology is an organization that seamlessly integrates research and development (R&D) with production processes.

Picea Motion

Series A in 2025
Picea Motion is a precision harmonic drive company that specializes in the development and production of harmonic speed reducers.

Chuangrui Spectrum

Seed Round in 2024
Chuangrui Spectrum specializes in the design and manufacture of time-resolved spectroscopy devices and equipment. Chuangrui Spectrum focuses mainly on research and development, as well as the manufacture and marketing of high-end scientific research equipment.

Sunshine Hydrogen

Series A in 2024
Sunshine Hydrogen designs and manufactures its own PWM hydrogen production power supply.

Saige Research

Series B in 2023
Saige Research specializes in AI solutions for industrial inspection and quality control. It offers a deep learning vision inspection platform tailored for manufacturers, enhancing inspector efficiency through power detection, speed detection, wide versatility, and convenient development.

Wepure

Seed Round in 2023
Wepure develops, manufactures, and distributes nano-microspheres made of silica gel and resin.

Using.AI

Seed Round in 2023
Using.AI is an artificial intelligence application service provider focused on enhancing the advanced manufacturing industry through innovative technology. The company specializes in machine vision, robotics learning, and machine learning to develop self-learning solutions that optimize manufacturing processes. Its products aim to advance sectors such as OLED, optics components, and semiconductor devices, providing significant improvements in efficiency and effectiveness. By leveraging AI, Using.AI delivers cutting-edge solutions that address the evolving needs of the manufacturing landscape.

Sinsegye

Seed Round in 2023
Sinsegye is a product-driven enterprise that specializes in industrial control supercomputing infrastructure. The company develops and provides industrial intelligence computers and software aimed at enhancing industrial automation and intelligence. Its offerings are tailored to advanced manufacturing, high-end equipment manufacturing, new energy, and industrial IT innovation sectors. By focusing on these areas, Sinsegye seeks to transform the current landscape of industrial computing, equipping users with the tools necessary for modernization and efficiency in their operations.

Chuangrui Spectrum

Angel Round in 2023
Chuangrui Spectrum specializes in the design and manufacture of time-resolved spectroscopy devices and equipment. Chuangrui Spectrum focuses mainly on research and development, as well as the manufacture and marketing of high-end scientific research equipment.

SJ Semi

Series C in 2023
SJ Semi is a MEOL foundry focused on front-end wafer manufacturing and quality systems. The company specializes in bumping, Cu pillar, RDL, and testing services for 12" wafers while investing in R&D for fan-out, TSV, interposer, and 3D technologies. With over a decade of experience, SJ Semi aims to support advancements in the semiconductor market.

Sinsegye

Seed Round in 2022
Sinsegye is a product-driven enterprise that specializes in industrial control supercomputing infrastructure. The company develops and provides industrial intelligence computers and software aimed at enhancing industrial automation and intelligence. Its offerings are tailored to advanced manufacturing, high-end equipment manufacturing, new energy, and industrial IT innovation sectors. By focusing on these areas, Sinsegye seeks to transform the current landscape of industrial computing, equipping users with the tools necessary for modernization and efficiency in their operations.

AKA Robotics

Series A in 2022
AKA Robotics is a developer and manufacturer of specialized and industrial robots, as well as intelligent equipment. The company focuses on creating innovative solutions for various industries, including shipbuilding, petrochemicals, wind power, and offshore platforms. Its robots are designed to perform tasks such as rust removal, cleaning, deicing, testing, spraying, and polishing, thereby providing efficient methods for maintaining and upgrading infrastructure. Through its advanced technologies, AKA Robotics aims to eliminate the need for human workers in hazardous environments characterized by high risk and pollution, while also promoting green development and facilitating enterprise transformation.

TOPNC

Series D in 2022
TOPNC specializes in CNC technology, precision transmission and advanced process technology, producing CNC machine tools and other major manufacturing equipment used in high-end manufacturing and pursuing innovation in domestic CNC equipment. The company designs, develops, manufactures, and sells high-end intelligent manufacturing equipment, including five-axis CNC machine tools, with a focus on aerospace applications to meet the advanced manufacturing needs of China's aerospace industry.

Nest

Series A in 2022
Nest is a manufacturer of laboratory equipment and consumables primarily focused on the life sciences sector. The company utilizes modern production tools in a large manufacturing facility to create various products, including cytology, microbial detection, and molecular biology consumables. In addition to these offerings, Nest also provides in vitro diagnostic and medical device-related products. By continually researching and developing new fundamental supplies, Nest aims to provide affordable solutions for its customers, ensuring that laboratories have access to essential consumables for their research needs.

Hoteam Software

Series C in 2022
Hoteam Software specializes in developing and implementing enterprise-level intelligent manufacturing solutions, primarily focusing on independent research and development of industrial software tailored for Chinese markets. The company offers a suite of services including CAD, CAM, CAPP, PDM, PLM, MES, WMS, SRM, and digital factory solutions, all centered around 3D software. Their platforms aim to enhance work efficiency and reduce costs for industrial enterprises by providing collaborative research and development opportunities.

ESWIN Computing

Series C in 2021
ESWIN Computing is a technology company focused on the research, development, and design of IoT chips and RISC-V computing architectures. It develops chips and related components for display devices and wearable devices, emphasizing the design, testing, and materials of IoT and human-computer interaction integrated circuits. The company provides chips used in artificial intelligence, Internet of Vehicles, displays, and wearable technologies, supporting applications across consumer electronics and smart devices.

Sailner 3D Technology

Seed Round in 2021
Sailner 3D Technology specializes in the development and sale of industrial-grade 3D printers, focusing on color and multi-material printing capabilities. The company's innovative WJP white ink filling technology enables voxel-level precision, allowing for the creation of detailed and customizable products. Sailner's 3D printing solutions find applications in various sectors, including digital medical education, surgical planning, and industrial design, as well as in the production of high-precision jewelry models. Through its commitment to research and development, Sailner aims to enhance additive manufacturing technology and provide tailored applications to meet diverse industrial needs.

Eswin

Series B in 2020
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.

Novast

Venture Round in 2020
Novast is a multinational pharmaceutical company focused on the research, development, and manufacture of value-added and complex dosage forms, including controlled-release and other advanced drug-delivery systems. With operations in China and the United States, it partners with pharmaceutical and biotechnology companies to develop and commercialize products for regulated markets, providing product development services and leveraging proprietary technologies. The company emphasizes designing formulations for challenging APIs and global markets, supported by cGMP manufacturing capabilities and quality systems. It also engages in contract research, development, and quality control to support clients in achieving regulatory approval and efficient market access. Through its drug-delivery platforms and comprehensive development capabilities, Novast aims to improve access to affordable, high-quality medications while expanding its international footprint.

Mancando

Series A in 2019
Mancando is an automotive parts supplier based in Guangzhou, Guangdong, China, founded in August 2015. The company specializes in providing a comprehensive range of car wearing parts for auto repair factories. Its product portfolio includes essential components related to lubrication, braking, wiper systems, filtering, ignition, timing, and lighting, allowing customers to source all necessary automotive products from a single provider. Mancando employs an innovative approach to traditional auto parts management by integrating internet and platform management, enhancing the efficiency and accessibility of automotive parts for its clientele.

Bondent

Series D in 2019
Bondent Technology Co., Ltd., headquartered in Shanghai, China, specializes in supplying dental equipment and materials. It offers a comprehensive range of services, including technical training, operational and management consulting, decoration design, and financial solutions. Bondent's core business involves the design, development, manufacturing, and sales of oral medical equipment, creating a full ecosystem for the dental and oral health industry.

Mancando

Series A in 2019
Mancando is an automotive parts supplier based in Guangzhou, Guangdong, China, founded in August 2015. The company specializes in providing a comprehensive range of car wearing parts for auto repair factories. Its product portfolio includes essential components related to lubrication, braking, wiper systems, filtering, ignition, timing, and lighting, allowing customers to source all necessary automotive products from a single provider. Mancando employs an innovative approach to traditional auto parts management by integrating internet and platform management, enhancing the efficiency and accessibility of automotive parts for its clientele.

Tenry Pharmaceutical

Series B in 2019
Shanghai Tenry Pharmaceutical Company Limited (Tenry) is a modern pharmaceutical enterprise based in Shanghai, specializing in the development and production of biopharmaceuticals, pharmaceutical raw materials, and chemical drugs. The company operates two advanced manufacturing plants and has achieved approval for 73 national drugs, including two biological agents. Tenry's primary focus includes research and development, sales and marketing, and regulatory compliance, allowing it to provide innovative treatments for patients. Its leading products address critical needs in bleeding management and wound management, positioning Tenry as a significant player in the pharmaceutical industry.

S&T

Series A in 2017
S&T is a company that develops, manufactures, and markets tyre pressure monitoring systems.

IWODE Trendy Tailor

Series B in 2015
IWODE Trendy Tailor is a manufacturer that offers tailoring services. They offer high-quality, exquisite-tasting personalized apparel at a reasonable price. There are no hidden fees for extra services such as embroidery of names or other extra labor that IWODE may supply. They also provide free ironing, adjustments, and delivery with no minimum purchase requirement.

Reach Surgical

Venture Round in 2013
Reach Surgical is a manufacturer of surgical instruments and medical equipment that integrates research and development, production, and sales. Founded in 2005, the company is based in China and operates three research and development centers located in Cincinnati, USA, and in Beijing and Shanghai. Reach Surgical specializes in producing high-end surgical devices, including open series staplers and endoscopic staplers designed for thoracic and general surgery. Its products have received approvals from the US FDA and the EU CE, ensuring compliance with international standards. The company is dedicated to providing advanced and minimally invasive surgical solutions to enhance the efficiency of clinical surgeries worldwide.

Xiamen Sporting Clothing

Venture Round in 2011
Xiamen World Gear Sports Goods, Ltd. manufactures fitness and health care equipment.

Sevalo

Series A in 2011
Sevalo Construction Machinery Group Co., Ltd. is a prominent distributor and manufacturer of construction machinery based in Wuhan, China. Established in 2002, the company specializes in a diverse range of heavy machinery products, including multi-purpose excavators, loaders, breakers, and various parts related to construction machinery. Sevalo operates self-managed chain stores across several provinces including Hubei, Hebei, Xinjiang, Guangxi, Tianjin, and Chongqing. The company also engages in the remanufacturing of construction equipment and provides comprehensive services throughout the machinery lifecycle, including resale, repair, and maintenance. By integrating digital and supply chain technologies, Sevalo aims to enhance value for both the construction machinery sector and ecological chain enterprises, ensuring high-quality and reliable solutions for its industrial clients.

Bonovo Orthopedics

Series C in 2010
Bonovo Orthopedics, Inc. is a provider of orthopedic implants and related products tailored for the Chinese healthcare market. Established in 2005 and headquartered in Scottsdale, Arizona, the company specializes in a wide range of products, including artificial discs, plates, and fixation systems for spinal treatments, as well as hip and knee joint systems and bone void fillers. Bonovo also offers minimally invasive surgical solutions, such as kyphoplasty systems for vertebral fracture management, along with a variety of surgical instruments and devices. With over 15 years of experience in manufacturing and distributing orthopedic products, Bonovo Orthopedics has built strong relationships with leading clinicians and hospitals, positioning itself as a key player in the Chinese orthopedic landscape. The company operates manufacturing facilities in Beijing and Shanghai, further supporting its commitment to providing advanced healthcare solutions.

Mbaobao

Series B in 2010
Mbaobao (麦包包) is a Chinese domestic internet fashion bags brand. The company divides its products into series, in terms of customer ages, categories, and styles. As a result, Mbaobao standardizes and optimizes the process, and strictly controls the supply chain in order shorten the inter-mediated links from R&D to sales, which completely realizes the vertical industry chain from R&D and manufacturing to the terminal consumer. Mbaobao operates a science laboratory in Asia for the production of bags.

Mbaobao

Series A in 2010
Mbaobao (麦包包) is a Chinese domestic internet fashion bags brand. The company divides its products into series, in terms of customer ages, categories, and styles. As a result, Mbaobao standardizes and optimizes the process, and strictly controls the supply chain in order shorten the inter-mediated links from R&D to sales, which completely realizes the vertical industry chain from R&D and manufacturing to the terminal consumer. Mbaobao operates a science laboratory in Asia for the production of bags.

21Cake Food

Angel Round in 2010
21Cake Food Co., Ltd. is a Shanghai-based company that specializes in the manufacture and marketing of cakes and pastries, primarily through an e-commerce platform. Founded in May 2004, 21Cake operates an online bakery that allows customers to place orders via web and telephone. The company has integrated its business processes, which include food research, development, production, marketing, and delivery. With a factory spanning 15,000 square meters, 21Cake employs approximately 300 skilled bakers and maintains a dedicated delivery team of over 200 personnel. Additionally, the company has established telephone ordering service centers in major cities such as Beijing, Shanghai, and Hangzhou, supported by a customer service team of more than 30 individuals, ensuring efficient service and customer satisfaction.
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