Lenovo Capital and Incubator Group (LCIG)

Lenovo Capital and Incubator Group is a global investment entity that focuses on core technology and internet-related sectors, including cloud computing, big data, artificial intelligence, and robotics. Based in Quarry Bay, Hong Kong, the group manages venture capital funds, such as the Lenovo Smart Internet Innovation RMB Fund, which specifically targets the Internet innovation industry in China. The group's strategy emphasizes leveraging Lenovo's extensive global resources to promote research and development, facilitating new business avenues, and fostering innovation. Through targeted investments and incubation efforts, Lenovo Capital and Incubator Group seeks to align with Lenovo's strategic objectives and drive future advancements in technology.

He Zhiqiang

Senior Vice President

Luo Xu

Managing Director

Past deals in Automotive

Taifang Technology

Series B in 2024
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company focuses on creating multi-touch screen hardware designed to enhance interactive tactile perception across consumer electronics and automotive applications. Taifang Technology offers a comprehensive range of interactive solutions, including hardware, software, displays, and premium multi-touch sensors, catering to the diverse needs of various businesses. Through its innovative products, the company aims to advance user interaction and experience in multiple sectors.

Shexu Technology

Series A in 2024
Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design software has been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.

AlpsenTek

Series B in 2023
AlpsenTek is a high-tech company specializing in the research and development of machine vision sensors and algorithms. It has created advanced machine vision imagers featuring innovative pixel structures, alongside comprehensive solutions that encompass modules, algorithms, and systems. Drawing on its team's extensive expertise in vision sensors, system-on-chip technology, and imaging signal processing, AlpsenTek aims to enhance the machine vision ecosystem. The company's technology includes hybrid biomimetic vision chips and integrated solutions, which are applicable in diverse fields such as robotics, autonomous driving, consumer electronics, surveillance, and industrial monitoring. By providing dynamic light sensing capabilities and biomimetic functions, AlpsenTek addresses the evolving needs of various industries, positioning itself as a key player in the machine vision market.

ChipEXT Semiconductor

Series A in 2023
ChipEXT Semiconductor is a service provider for automotive-grade chip design, concentrating on the creation of automotive-grade.

Callisto Technology

Seed Round in 2023
Callisto Technology is a company specializing in smart vehicle security and data management solutions. It develops intelligent safety systems aimed at enhancing autonomous driving capabilities. By leveraging artificial intelligence, big data, and advanced technologies, Callisto Technology provides automotive safety solutions tailored for global smart car and smart driving industries. The company's focus is on creating a safe and reliable network environment for vehicles, ensuring that customers can trust the integrity and safety of their automotive systems.

Taifang Technology

Venture Round in 2023
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company focuses on creating multi-touch screen hardware designed to enhance interactive tactile perception across consumer electronics and automotive applications. Taifang Technology offers a comprehensive range of interactive solutions, including hardware, software, displays, and premium multi-touch sensors, catering to the diverse needs of various businesses. Through its innovative products, the company aims to advance user interaction and experience in multiple sectors.

EVK-Motor

Seed Round in 2023
EVK-Motor is an automotive company that develops, manufactures and sells flat wire motors.

Deepway

Series A in 2022
Deepway is a manufacturer of smart vehicles focused on providing intelligent driving solutions for the truck freight market. The company specializes in heavy-duty trucks characterized by low wind resistance bodies and advanced intelligent driving capabilities. Its vehicles feature a distributed drive system with a modular design, which operates on a unified hydrogen and electricity platform. This innovative approach allows the logistics industry to leverage smart freight systems, enhancing efficiency and sustainability in transportation.

Viiyong

Series B in 2022
Viiyong is a manufacturer based in Shenzhen, China, specializing in multi-layer ceramic chip capacitors. Founded in 2001, the company emphasizes research and development to produce high-end capacitor solutions tailored for the automotive electronics industry. Through its innovative approach, Viiyong aims to meet the evolving needs of customers by providing advanced capacitor products that enhance electronic performance and reliability.

ChipEXT Semiconductor

Angel Round in 2022
ChipEXT Semiconductor is a service provider for automotive-grade chip design, concentrating on the creation of automotive-grade.

AlpsenTek

Series A in 2022
AlpsenTek is a high-tech company specializing in the research and development of machine vision sensors and algorithms. It has created advanced machine vision imagers featuring innovative pixel structures, alongside comprehensive solutions that encompass modules, algorithms, and systems. Drawing on its team's extensive expertise in vision sensors, system-on-chip technology, and imaging signal processing, AlpsenTek aims to enhance the machine vision ecosystem. The company's technology includes hybrid biomimetic vision chips and integrated solutions, which are applicable in diverse fields such as robotics, autonomous driving, consumer electronics, surveillance, and industrial monitoring. By providing dynamic light sensing capabilities and biomimetic functions, AlpsenTek addresses the evolving needs of various industries, positioning itself as a key player in the machine vision market.

Shexu Technology

Series A in 2022
Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design software has been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.

RiVAI

Series A in 2021
RiVAI Technologies is a prominent developer of high-performance RISC-V based CPUs and customized system-on-chip (SoC) designs. The company specializes in creating advanced artificial intelligence chips tailored for Internet of Things (IoT) applications, serving a diverse range of sectors such as wearable technology, smart home devices, security systems, agriculture, and consumer electronics. By leveraging RISC-V, an open standard instruction set architecture, RiVAI enables its clients to achieve low-power and high-performance processing capabilities essential for modern computing demands, from edge devices to data centers.

Black Sesame Technologies

Series C in 2021
Black Sesame Technologies is an AI digital imaging technology firm that develops solutions for real-world AI challenges, focusing on image processing and embedded sensing platforms. Established in 2016 and headquartered in Silicon Valley and Shanghai, the company specializes in creating algorithms for applications in smartphones, autonomous driving, and consumer electronics. It undertakes core research and development functions, including algorithm development, ASIC design, and software systems, supported by a team with extensive industry experience. Black Sesame is committed to scientific and technological innovation, emphasizing quality and integrity in its services. The firm also designs automotive-grade system-on-chip (SoC) solutions, including the Huashan Series for high computing power and the Wudang Series for cross-domain applications, aiming to advance the future of mobility through its technology.

Googol Technology

Venture Round in 2021
Googol Technology (HK) Limited is a pioneering high-tech company based in Kwun Tong, Hong Kong, specializing in the research, development, production, marketing, and support of motion controllers and controller-based systems. Founded in 1999, the company focuses on four core technology areas: motion control technology, servo drive technology, machine vision technology, and mechanical design optimization. Its products cater to various industries, including semiconductor and microelectronics, plastic injection molding, robotic systems, CNC machine tools, and industrial automation. Googol Technology offers a wide range of solutions including point-to-point motion controls, multifunction data acquisition cards, embedded motion control boards, and various types of motion controllers for applications such as laser cutting and engraving. The company also provides engineering services to address motion control challenges, aiming to foster collaboration with system integrators and enhance technological innovation within the manufacturing sector. Through its extensive product offerings and commitment to research and development, Googol Technology plays a crucial role in advancing motion control solutions across the Asia Pacific region.

Googol Technology

Venture Round in 2021
Googol Technology (HK) Limited is a pioneering high-tech company based in Kwun Tong, Hong Kong, specializing in the research, development, production, marketing, and support of motion controllers and controller-based systems. Founded in 1999, the company focuses on four core technology areas: motion control technology, servo drive technology, machine vision technology, and mechanical design optimization. Its products cater to various industries, including semiconductor and microelectronics, plastic injection molding, robotic systems, CNC machine tools, and industrial automation. Googol Technology offers a wide range of solutions including point-to-point motion controls, multifunction data acquisition cards, embedded motion control boards, and various types of motion controllers for applications such as laser cutting and engraving. The company also provides engineering services to address motion control challenges, aiming to foster collaboration with system integrators and enhance technological innovation within the manufacturing sector. Through its extensive product offerings and commitment to research and development, Googol Technology plays a crucial role in advancing motion control solutions across the Asia Pacific region.

Tianfu

Series B in 2021
Nanjing Tianfu Software Co., Ltd. is a developer of custom software solutions and intelligent industrial software based in Nanjing, China. Founded in 2011, the company serves various industries, including turbomachinery, hydraulic construction, automotive, aerospace, and shipbuilding. Its offerings encompass a range of technical services, such as CAE pre- and post-processing development, special solver development, industrial design platform construction, and artificial intelligence platform development. Tianfu focuses on meeting the specific needs of its clients by providing tailored software solutions that enhance efficiency and innovation across different sectors.

TacSense

Series A in 2020
TacSense, Inc. is a manufacturer of pressure-sensitive ionic materials and structures integrated with electronic sensors. Founded in 2016 and headquartered in Woodland, California, with additional offices in Shenzhen and Beijing, the company specializes in its proprietary Flexible Iontronic Sensing (FITS) Technology. This innovative technology leverages unique ionic materials to create an ionic-electronic interface that responds to mechanical stimuli. TacSense's product offerings include µSens and tSens, which are utilized across various applications such as sleep monitoring, elderly care, vital signs monitoring, and surgical robotics. The company's sensitive pressure sensing interfaces are designed to meet the demands of industries including medical, consumer, robotics, and automotive, providing real-time, high-quality, noise-immune pressure and force signals in a flexible, transparent, and ultra-thin format.

SmartSens Technology

Series B in 2020
SmartSens Technology is a company based in Shanghai that specializes in the research, development, design, and sales of high-performance CMOS image sensor chips. The company offers advanced imaging solutions applicable in various sectors, including surveillance, machine vision, automotive, and mobile cameras. With a commitment to innovation, SmartSens aims to enhance growth across multiple industries by providing a diverse and comprehensive portfolio of image sensors.

Semidrive Technology

Series A in 2020
Nanjing Semidrive Technology Ltd., established in 2018, is a Chinese company specializing in the design and manufacture of core processor chips for automotive applications. It offers a range of products, including the X9 chip for eCockpit systems, the V9 chip for advanced driver assistance systems (ADAS) and autonomous driving, and the G9 chip for vehicle central gateway applications. Semidrive operates with a fabless manufacturing model and has research and development facilities in Nanjing and Beijing, with an additional office in Shenzhen.

Cyclone Robotics

Series B in 2020
Cyclone Robotics is a Chinese company specializing in the development and sale of artificial intelligence software products known as digital employees. These products are designed to enhance operational efficiency across various industries, including finance, insurance, retail, healthcare, and technology. By providing enterprises with digital labor, Cyclone Robotics helps improve business operations, reduce personnel and system construction costs, and streamline processes. The company holds independent copyrights and intellectual property rights for its software, which has been successfully implemented in notable organizations such as large state-owned banks, foreign home appliance companies, and listed technology firms. Cyclone Robotics is recognized for being a pioneer in delivering industry-specific solutions based on its digital employee technology, earning widespread acclaim from its clients.

Leadrive

Series B in 2020
LEADRIVE is a technology company specializing in the research, development, production, and sales of drive solutions for new energy vehicles, as well as high-performance power semiconductor modules. The company designs and manufactures advanced motor controllers and proprietary power modules that have been adopted by over ten leading automotive manufacturers and Tier-1 suppliers for mass production. LEADRIVE is also engaged in enhancing the localization of power semiconductor modules, with ongoing certification processes for silicon carbide modules and electronic controls. Additionally, the company invests in innovative energy solutions, including wind, solar, and energy storage systems. In collaboration with Rohm Semiconductor from Japan, LEADRIVE has established a joint laboratory to develop various silicon carbide modules, focusing on improving efficiency through comprehensive simulation, testing, and development processes that span from device-level to vehicle-level applications.

BYD Semiconductor

Series A in 2020
BYD Semiconductor is an electronic components manufacturing company that specializes in the research and development of power semiconductors and integrated device manufacturer (IDM) solutions. The company produces a diverse range of products, including battery management chips, power field effect transistors, image sensors, touch control chips, protection diodes, and current sensors. BYD Semiconductor's offerings are designed to serve various industries such as automotive, energy, industrial, and consumer electronics, focusing on the sensing, processing, and control of optical, electrical, and magnetic signals.

AlpsenTek

Angel Round in 2020
AlpsenTek is a high-tech company specializing in the research and development of machine vision sensors and algorithms. It has created advanced machine vision imagers featuring innovative pixel structures, alongside comprehensive solutions that encompass modules, algorithms, and systems. Drawing on its team's extensive expertise in vision sensors, system-on-chip technology, and imaging signal processing, AlpsenTek aims to enhance the machine vision ecosystem. The company's technology includes hybrid biomimetic vision chips and integrated solutions, which are applicable in diverse fields such as robotics, autonomous driving, consumer electronics, surveillance, and industrial monitoring. By providing dynamic light sensing capabilities and biomimetic functions, AlpsenTek addresses the evolving needs of various industries, positioning itself as a key player in the machine vision market.

NuVolta

Venture Round in 2020
NuVolta Technologies Inc., established in 2014 and headquartered in Milpitas, California, specializes in developing high-performance power management integrated circuits (ICs) and system solutions. The company's portfolio includes wireless charging receivers and transmitters, wired fast charging ICs, display power ICs, and automotive power management ICs, catering to a diverse range of markets such as consumer electronics, automotive, industrial, and medical sectors.

Semidrive Technology

Seed Round in 2019
Nanjing Semidrive Technology Ltd., established in 2018, is a Chinese company specializing in the design and manufacture of core processor chips for automotive applications. It offers a range of products, including the X9 chip for eCockpit systems, the V9 chip for advanced driver assistance systems (ADAS) and autonomous driving, and the G9 chip for vehicle central gateway applications. Semidrive operates with a fabless manufacturing model and has research and development facilities in Nanjing and Beijing, with an additional office in Shenzhen.

SmartSens Technology

Series A in 2018
SmartSens Technology is a company based in Shanghai that specializes in the research, development, design, and sales of high-performance CMOS image sensor chips. The company offers advanced imaging solutions applicable in various sectors, including surveillance, machine vision, automotive, and mobile cameras. With a commitment to innovation, SmartSens aims to enhance growth across multiple industries by providing a diverse and comprehensive portfolio of image sensors.

Tianfu

Series A in 2017
Nanjing Tianfu Software Co., Ltd. is a developer of custom software solutions and intelligent industrial software based in Nanjing, China. Founded in 2011, the company serves various industries, including turbomachinery, hydraulic construction, automotive, aerospace, and shipbuilding. Its offerings encompass a range of technical services, such as CAE pre- and post-processing development, special solver development, industrial design platform construction, and artificial intelligence platform development. Tianfu focuses on meeting the specific needs of its clients by providing tailored software solutions that enhance efficiency and innovation across different sectors.

Nio

Series C in 2017
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.
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