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 Hardware

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.

Huayi Quantum

Seed Round in 2024
Huayi Quantum is a quantum computer and quantum cloud platform developer specializing in advanced algorithm research and application acceleration.The business creates modular, standardized, and scalable quantum computers based on ion-trap technology.

DexForce

Seed Round in 2024
DexForce is a company focused on enhancing manufacturing and logistics through advanced technology. It specializes in AI-enabled robots equipped with integrated 3D vision cameras, offering a range of software and hardware solutions tailored for smart manufacturing and smart home applications. The company develops sophisticated 3D vision software and algorithms that empower robots to perform critical tasks such as detection, positioning, recognition, and guidance within complex environments. By integrating these technologies, DexForce aims to optimize operational efficiency and improve automation capabilities across various industries.

Lanxin Computing

Angel Round in 2023
Lanxin Computing specializes in high-performance chip design, focusing on the research and development of Central Processing Units (CPUs) within RISC-V ecosystems.

Moore Threads

Series B in 2023
Founded in 2020, Moore Threads specializes in developing Graphics Processing Unit technology for corporate clients across sectors such as gaming, creative industries, and artificial intelligence. Its GPU solutions cater to data centers, edge computing servers, professional workstations, and high-performance PCs.

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.

Kayja Optics

Seed Round in 2023
Kayja Optics develops precision optical system equipment and provide professional optical technology solutions.

GravityXR

Seed Round in 2022
GravityXR develops and manufactures specialized chips and components for extended reality (XR) devices, including AR glasses processors, VR headset chips, MR device modules, and supporting hardware solutions. They offer comprehensive technical services, such as software suites and prototype development support.

HOUMO.AI

Series A in 2022
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that deliver substantial computing power while maintaining low energy consumption, thereby enabling enterprises to create advanced AI-integrated electronics and intelligent robotics products at competitive prices. By leveraging disruptive technologies, Houmo.AI aims to address the growing demand for computing power in the realm of true artificial intelligence, striving to revolutionize the industry with its innovative solutions.

CIX Technology

Angel Round in 2022
CIX Technology is a developer of high-performance, next-generation intelligent computing solutions, specializing in the creation of general-purpose intelligent computing chips and computer CPUs. The company focuses on energy-efficient computing technologies that utilize ARM architecture. Its chips are designed for terminal general intelligent computing applications, including notebooks, desktops, high-end tablets, and augmented and virtual reality systems. By enhancing processing power, CIX Technology enables enterprises to produce advanced electronics and other products, ultimately increasing the speed and efficiency of computing across various scenarios.

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.

Resnics

Seed Round in 2021
Resnics specializes in the manufacture of storage and network data processor chip solutions tailored for the communications and Internet sectors. The company boasts a technical team comprised of experienced professionals and research and development personnel with expertise in networking, storage, and systems. This deep technical proficiency extends to areas such as networking, switching, storage, and high-performance CPUs. Resnics is committed to becoming a high-tech innovation leader, aiming to meet the increasing demands of data centers for advanced chip technology.

MetaX

Series A in 2021
Muxi is dedicated to providing full-stack GPU chips and heterogeneous computing solutions that can be widely used in cutting-edge fields such as artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse, and so on. It builds full-stack GPU chip products, launching MXN series GPUs (Xi Si) for AI reasoning, MXC series GPUs (Xi Yun) for AI training and general computing, and MXG series GPUs (Xi Cai) for graphics rendering, Meet the computing power requirements of data centers for "high energy efficiency" and "high versatility". Mu Xi's products all use independently developed GPU IP, have instruction sets and architectures with completely independent intellectual property rights, and are outfitted with a complete software stack (MACAMACA) compatible with mainstream GPU ecosystems. In September 2020, the company was founded in Shanghai, and it has wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen, and Wuhan.

Care

Seed Round in 2021
Care is a pioneering medical technology company dedicated to developing innovative solutions for neurological diseases. It focuses on researching and creating intelligent software, hardware, and AI technologies for screening, diagnosis, treatment, and research in this field.

HOUMO.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that deliver substantial computing power while maintaining low energy consumption, thereby enabling enterprises to create advanced AI-integrated electronics and intelligent robotics products at competitive prices. By leveraging disruptive technologies, Houmo.AI aims to address the growing demand for computing power in the realm of true artificial intelligence, striving to revolutionize the industry with its innovative solutions.

Zhuizhi Technology

Series A in 2021
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, focusing on smart retail integrated solutions. The company offers a range of products, including payment access services, mobile management assistant applets, and smart cash registers, all designed to facilitate intelligent management and enhance sales efficiency for retailers. Zhuizhi Technology's expertise encompasses store digitization, optimization of offline to online traffic, precision marketing for members, and improvements in both shopping experiences and store floor efficiency. By addressing the needs of the retail industry through innovative solutions for middle and front desk operations, Zhuizhi Technology supports merchants in managing their businesses effectively.

Hercules Microsystems

Venture Round in 2020
Jingwei Qili is a developer of hybrid programmable computing chips. The company's products are mainly FPGA chip series products, as well as development boards and kits, etc., which can be applied to the field of artificial intelligence. At the same time, the company's business also includes providing users with testing and maintenance Circuits and other services.

Feima Robotics

Venture Round in 2020
Feima Robotics is an information technology company specializing in the development of UAV software and hardware integration solutions, as well as spatial data system services. The company has released a variety of intelligent aerial survey, remote sensing, inspection, and emergency systems, including 15 types of drones and 3D drones under the F series, D series, V series, P series, and SLAM handheld laser scanners. Feima Robotics' drones are equipped with GIS and aerial photography technology, allowing them to store collected data in the cloud for easy access to accurate environmental information. These solutions are particularly useful for public safety and environmental testing applications.

Haiguang Information Technology

Venture Round in 2020
Haiguang Information Technology develops high-end processors, accelerators, and other computing chip products and systems.

Light Theto

Series B in 2019
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

Nadejia Display Technology

Series A in 2019
Nadejia Display Technology specializes in developing, producing, and supporting optical modules for augmented reality (AR) and virtual reality (VR) smart glasses. It offers research and development services for AR display components to diverse industries worldwide.

Light Theto

Series B in 2019
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

Luckey Technology

Venture Round in 2019
Luckey Technology develops an ultrathin smart device that transforms a computer's trackpad into a numeric keyboard, for users to more quickly produce numerical inputs.

IDM Sensor

Venture Round in 2019
IDM Technology Inc. is a Chinese company founded in 2014, specializing in the research, development, and production of advanced intelligent gas sensors. Headquartered in Suzhou, IDM Sensor focuses on creating artificial olfactory solutions and has established itself as a national high-tech enterprise. The company develops a range of sensors capable of detecting various toxic and harmful gases, including formaldehyde, alcohol, ammonia, carbon monoxide, nitrogen oxides, hydrogen sulfide, and methane. IDM Sensor's offerings include gas sensor chips, MEMS gas sensors, thermopile temperature sensors, flexible pressure sensors, infrared CO2 sensor modules, and laser PM 2.5 sensor systems. The company has also built production lines in Kunshan to support its manufacturing capabilities.

Ximmerse

Venture Round in 2018
Ximmerse is a technology company based in Guangdong, China, specializing in mobile visual computing and inertial tracking solutions for augmented reality (AR) and virtual reality (VR) devices. Founded by Mike Bailey in December 2014, the company develops advanced audio and video devices, including a VR motion scanning device and a joystick that accurately tracks user positions in three-dimensional space. Ximmerse's offerings also include a cross-platform optical tracking system that utilizes a high field of view stereo camera, along with a suite of controller peripherals. These innovations aim to enhance user experience by enabling improved vision and immersive interactions within simulated 3D environments.

Joulwatt

Venture Round in 2018
Joulwatt is a technology company specializing in the research, development, and sales of analog integrated circuits, primarily for applications in LED lighting and battery management systems. The company focuses on creating integrated circuit technology that can endure high temperatures and voltages, enabling manufacturers to produce energy-efficient products. With an emphasis on clean energy solutions, Joulwatt aims to lead in energy saving and consumption reduction through its innovative smart chip technology. The company's commitment to excellence in battery management systems positions it to achieve significant advancements in integrated circuit design, aspiring to become a leading player in the microelectronics sector with sustainable business goals.

Cambricon Technologies

Series A in 2017
Cambricon Technologies is a leading innovator in the development of artificial intelligence core chips, focusing on applications in cloud servers, edge computing, and various terminal devices. Founded by Professor Chen Tianshi, a distinguished scientist in processor architecture and artificial intelligence, the company has established itself as a pioneer in smart chip technology. Cambricon is recognized for its groundbreaking products, including the Cambrian-1A processor, which was the first commercial deep learning processor designed for a range of terminal equipment such as smartphones, wearable devices, and autonomous vehicles. With two main product lines—terminal and server—Cambricon provides customers with a diverse array of chip products and system software solutions, positioning itself at the forefront of the AI chip industry.

Nadejia Display Technology

Seed Round in 2017
Nadejia Display Technology specializes in developing, producing, and supporting optical modules for augmented reality (AR) and virtual reality (VR) smart glasses. It offers research and development services for AR display components to diverse industries worldwide.

720health

Series B in 2017
720Health is a tech enterprise. 720Health is an enterprise for smart home aiot hardware products and related industry solutions. Their products and solutions cover many health appliances such as intelligent environmental monitoring, air purification and disinfection, drinking water purification, sterilization, and the removal of pesticide residues.

OnMicro

Venture Round in 2017
OnMicro develops high-performance integrated circuits and peripheral products for smartphones, feature phones, tablets, personal computers, wireless mice, keyboards, and smart home devices; it specializes in RF and analog ICs used in wireless communication, power management, and RF front-end modules, delivering reliable solutions for electronics development.

Lanxin Computing

Lanxin Computing specializes in high-performance chip design, focusing on the research and development of Central Processing Units (CPUs) within RISC-V ecosystems.
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