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 Industrial Automation

Xinghaitu

Series A in 2025
Xinghaitu is an intelligent robot technology company that specializes in the development of humanoid robots with embodied intelligence.

Lingbao CASBOT

Angel Round in 2025
Lingbao CASBOT adheres to the people-oriented development concept, strives to be close to people's real needs in every technological breakthrough, and realize the harmonious coexistence of technology and humanity.

Zhejiang Humanoid Robot Innovation Center

Venture Round in 2025
Zhejiang Humanoid Robot Innovation Center mission is to "liberate human productivity and transform production and lifestyle".

Daimeng Robot

Seed Round in 2024
Daimeng Robot is dedicated to creating multi-series general-purpose humanoid robot products that are actually commercially available and concentrate on their research and production. It offers a comprehensive selection of goods and cutting-edge answers for situations including intelligent manufacturing, logistics, and commercial services.

Direct Drive Technology

Series B in 2024
Direct Drive Technology specializes in developing advanced direct drive solutions aimed at replacing reduction gears in various machines. The company offers a comprehensive range of technologies, including sensors, drivers, and motor bodies, specifically designed for robotic joints. By focusing on research and development of direct-drive technology, Direct Drive Technology enhances the precision, torque, and speed stability of autonomous robots for industrial and commercial applications. This innovative approach enables a new level of performance in mechatronics, allowing other industries to improve their product offerings significantly.

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.

Lanzhuo

Venture Round in 2023
Lanzhuo Industrial Internet was established in 2018, focusing on the research and development and industrialization of industrial operating systems, and is committed to building China's independent and controllable "industrial Android", creating a general-purpose industrial platform that is generally applicable to process industries and discrete industries—supOS industrial operating system.

Sinsegye

Series A 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.

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.

Zanecon

Series A in 2023
Zanecon is a high-tech enterprise that develops smart construction solutions. Zhucheng Technology applies core technologies such as AI, environmental perception, deep learning, and servo control to the field of construction, and independently develops a variety of construction robot products.

MoleculeMind

Seed Round in 2023
MoleculeMind is an AI-driven protein design platform focused on revolutionizing protein discovery, optimization, and design. The company utilizes advanced AI algorithms to enhance the drug development process and has applications across various sectors, including industrial production, agriculture, material design, and environmental improvement. MoleculeMind offers an integrated biological computing platform that enables the prediction and design of peptides, antibodies, enzymes, and small proteins, facilitating industrial-scale protein optimization and design for diverse research and application needs.

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.

Industrial Next

Seed Round in 2022
Industrial Next specializes in the development of advanced technologies aimed at automating production processes. The company focuses on creating intelligent vision systems and AI-powered workstations that streamline manual assembly tasks. By integrating proprietary learning, vision, and control software, Industrial Next enhances efficiency and precision in manufacturing operations. Its innovative solutions are designed to help manufacturers improve their assembly lines, making them more flexible and capable of adapting to varying production demands.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

Syrius Robotics

Series B in 2021
Syrius Robotics is a manufacturer of intelligent robots designed for material handling, particularly within factories and logistics environments. Founded in 2018 and headquartered in Shenzhen, China, with an additional office in Beijing, the company specializes in autonomous mobile robots that utilize a self-developed operational system and software platform, supported by AIoT cloud services. Syrius Robotics partners with fulfillment centers and warehouses globally, offering versatile automation solutions tailored for e-commerce, retail, and logistics sectors. Its innovative logistics robots, which incorporate advanced technologies such as laser radar and cameras, aim to enhance productivity in automated logistics and warehouse operations. The company's solutions are increasingly being adopted by various commercial organizations beyond the transportation industry, demonstrating its broad applicability and impact on efficiency in different sectors.

CasiVision Technology

Series C in 2021
CasiVision Technology Co., Ltd. is a company based in China that specializes in artificial intelligence and advanced manufacturing, primarily focusing on automatic optical inspection solutions. The firm develops charge-coupled device (CCD) cameras and sensors that deliver high-precision vision analysis services. Its products are designed to enhance the accuracy and efficiency of industrial inspections, particularly in the mobile phone sector, by detecting defects in manufacturing processes. This technology aims to improve overall quality control for clients in various industries.

SmartMore

Series B in 2021
SmartMore is a developer and operator of smart industrial platforms aimed at optimizing manufacturing processes through intelligent manufacturing solutions. The company focuses on integrating scientific research with industry practices to drive innovation. Leveraging advanced artificial intelligence technologies, SmartMore offers a range of services, including intelligent industrial platforms, integrated equipment, and digital intelligence media. These solutions are designed to enhance manufacturing efficiency and facilitate digital transformation for industrial users. By restructuring AI systems and architectures, SmartMore aims to enable machines to achieve a deeper understanding, thereby advancing the capabilities of intelligent manufacturing.

IPLUSMOBOT

Series B in 2021
IPLUSMOBOT is one of the global leading companies in the autonomous mobile robot field, ranking the first of China industrial logistics natural navigation AMR market occupancy. IPLUSMOBOT was founded in 2016, whose headquarter is in Hangzhou and its subcompany have been established in Shenzhen and Tokyo. It provides logistics automatic, digital and intelligentized products to manufacturing industry, and helps enterprises increase the configuration efficiency of production and circulation resources, and integrated operation efficiency and benefits. So far, IPLUSMOBOT has served over 1000 customers, and the business scenes cover such industries as semiconductor, FPD, electronics, Lithium battery, photovoltaic, automobile, aviation, household electrical appliances, pharmaceutical, energy, food industry and so on.

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.

VisionNav Robotics

Series B in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

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.

Yunji Technology

Series C in 2021
Yunji Technology is a Chinese company that specializes in the development of commercial service robots designed to enhance service experiences for various industries. The company's robots focus on automating customer service operations, particularly in the hospitality, luxury retail, and restaurant sectors. By utilizing these intelligent robots, clients can improve operational efficiency, reduce costs, and save time, ultimately leading to a more streamlined service delivery. Yunji Technology aims to empower businesses by providing innovative solutions that enhance customer interactions and service quality.

Elite Robots

Venture Round in 2021
Elite Robots is a robotics company that offers automated machinery manufacturing services.

SmartMore

Series A in 2020
SmartMore is a developer and operator of smart industrial platforms aimed at optimizing manufacturing processes through intelligent manufacturing solutions. The company focuses on integrating scientific research with industry practices to drive innovation. Leveraging advanced artificial intelligence technologies, SmartMore offers a range of services, including intelligent industrial platforms, integrated equipment, and digital intelligence media. These solutions are designed to enhance manufacturing efficiency and facilitate digital transformation for industrial users. By restructuring AI systems and architectures, SmartMore aims to enable machines to achieve a deeper understanding, thereby advancing the capabilities of intelligent manufacturing.

Zanecon

Venture Round in 2020
Zanecon is a high-tech enterprise that develops smart construction solutions. Zhucheng Technology applies core technologies such as AI, environmental perception, deep learning, and servo control to the field of construction, and independently develops a variety of construction robot products.

Shenzhen Baimai Technology

Series A in 2020
Shenzhen Baimai Technology Co., Ltd., established in 2015, specializes in developing automated optical inspection (AOI) visual systems for defect detection. Its product portfolio includes Lens AOI and auto focus solutions, RGB color control systems, format laser cutting vision systems, and solar panel AOI systems. The company, headquartered in Shenzhen, China, aims to enhance clients' product quality and production efficiency through its advanced inspection technologies.

SmartMore

Seed Round in 2020
SmartMore is a developer and operator of smart industrial platforms aimed at optimizing manufacturing processes through intelligent manufacturing solutions. The company focuses on integrating scientific research with industry practices to drive innovation. Leveraging advanced artificial intelligence technologies, SmartMore offers a range of services, including intelligent industrial platforms, integrated equipment, and digital intelligence media. These solutions are designed to enhance manufacturing efficiency and facilitate digital transformation for industrial users. By restructuring AI systems and architectures, SmartMore aims to enable machines to achieve a deeper understanding, thereby advancing the capabilities of intelligent manufacturing.

Suzhou Aijiwei Robot

Venture Round in 2020
Suzhou Aijiwei Robot develops automated guided vehicles (AGV) to facilitate warehousing management. The company provides intelligent controlling systems to make warehousing operations in an efficient manner.

VisionNav Robotics

Series B in 2020
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

Ensonic

Series A in 2020
Ensonic specializes in acoustic detection AI technology for industrial applications. The company develops industrial acoustics monitoring solutions that extract the characteristics of mechanical motion, allowing for real-time monitoring of industrial equipment. Its products facilitate accurate diagnostic results and are applicable across various sectors, including industrial intelligent manufacturing, energy, electric power, and rail transit. By enabling customers to effectively manage and monitor machine performance, Ensonic contributes to enhanced operational efficiency and reliability in diverse industrial settings.

Unity Drive Innovation

Series A in 2020
Unity Drive Innovation specializes in the development of autonomous driving vehicles aimed at providing innovative logistics solutions. The company focuses on creating comprehensive offerings for transportation-as-a-service operations, encompassing vehicle design, production, and the development of both software and hardware. Unity Drive leverages advanced technologies, including Lidar, vision systems, 3D data processing algorithms, and deep learning, to engineer intelligent products in robotics and autonomous systems. Their portfolio includes low-speed unmanned logistics vehicles, shuttles, and security surveillance units, which significantly reduce labor costs and enhance operational efficiency across various industries. With a team experienced in electrical engineering, artificial intelligence, and autonomous driving, Unity Drive is positioned to lead advancements in smart logistics and transportation.

OrigiTech

Series A in 2020
OrigiTech Co., Ltd. is an industrial machinery company headquartered in Shanghai, China. The company specializes in developing smart machines that leverage advanced AI technologies to enhance operational efficiency. OrigiTech's products are designed to be user-friendly and digitally integrated, facilitating easier machine use and reducing installation and debugging time. By addressing the skills gap in the Chinese industrial sector, where traditional occupational education falls short, OrigiTech aims to improve collaboration between workers and machines. This approach not only enhances productivity but also seeks to change perceptions about manufacturing careers, which are often viewed as undesirable despite evolving industry conditions.

OrigiTech

Series A in 2020
OrigiTech Co., Ltd. is an industrial machinery company headquartered in Shanghai, China. The company specializes in developing smart machines that leverage advanced AI technologies to enhance operational efficiency. OrigiTech's products are designed to be user-friendly and digitally integrated, facilitating easier machine use and reducing installation and debugging time. By addressing the skills gap in the Chinese industrial sector, where traditional occupational education falls short, OrigiTech aims to improve collaboration between workers and machines. This approach not only enhances productivity but also seeks to change perceptions about manufacturing careers, which are often viewed as undesirable despite evolving industry conditions.

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.

Nanjing Qiuya Information Technology

Seed Round in 2019
Nanjing Qiuya Information Technology specializes in developing big data analysis solutions tailored for the energy and power sector. The company offers a range of services, including data services, algorithm models, and intelligent decision-making systems, all designed to support users in the energy industry with comprehensive industrial data analysis. By utilizing cloud-based architecture, Nanjing Qiuya facilitates the transformation of traditional energy production systems into intelligent production systems, thereby enhancing production efficiency and industrial management for its clients. The company's offerings include hardware control, integrated delivery, custom development, and ongoing operation and maintenance services, which collectively aim to optimize the production and operational capabilities of energy group users.

Atomrobot

Series B in 2019
Atomrobot specializes in the manufacture of industrial robots and the provision of production line system solutions. The company is dedicated to delivering standalone machines and workstations tailored for various industries, including food, pharmaceuticals, and daily chemicals. By enhancing production capacity and performance, Atomrobot aims to reduce reliance on manual labor, thereby addressing the needs of China's large blue-collar workforce. Its high-end parallel robot brand, Astro Boy, is noted for its exceptional machine performance, operational reliability, and extensive field experience. Atomrobot has successfully expanded its market reach, becoming a pioneer in exporting domestic robots to international markets such as the UK and Russia.

LandingAI

Seed Round in 2019
Landing AI is a company that specializes in artificial intelligence transformation programs tailored for the manufacturing industry. Founded in 2017 and based in Palo Alto, California, the company develops solutions focused on visual inspection, automation, calibration, and automated issue identification. Its offerings cater to a diverse range of sectors, including manufacturing, retail, automotive, agriculture, telecommunications, and pharmaceuticals. The company aims to empower organizations to become AI-driven by providing a platform that enhances the accuracy of machine learning models through effective data generation and labeling. This platform helps identify environmental issues and alerts users to model changes, thereby facilitating efficient data management and accelerating troubleshooting processes. Founded by Dr. Andrew Ng, a prominent figure in AI, Landing AI is positioned to deliver practical AI solutions that drive value for businesses globally.

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.

CyberInsight

Series A in 2018
CyberInsight is a provider of comprehensive industrial data solution services that focuses on the development and application of advanced technologies, including cyber-physical systems, artificial intelligence, and machine learning. The company specializes in creating data modeling and analytics software designed to enhance production efficiency and support informed decision-making for manufacturers. Utilizing intelligent algorithms and failure prediction techniques, CyberInsight aims to optimize asset management and operational performance. Additionally, the company employs the IAI DevOps concept to design and implement large-scale, high-performance distributed systems, leveraging a full technology stack that encompasses cloud computing, big data, industrial IoT, and edge computing.

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.

Tianjin YangTian Technology

Series A in 2017
Tianjin YangTian Technology Co. is a high-tech enterprise based in Tianjin, China, specializing in the development and manufacturing of industrial robotic arms. Founded in 2015, the company focuses on robotic technology and digital intelligent manufacturing equipment. Its product lineup includes the Bright series robots, which are utilized in various industrial applications such as handling, assembling, polishing, coating, monitoring, and screwing. The company's research and development team, composed mainly of professors and experts from the School of Mechanical Engineering at Tianjin University, boasts over 30 years of experience in robotics. This collaboration has enabled Tianjin YangTian to establish a well-organized technical division and a skilled professional team, allowing the completion of numerous domestic and international robot projects and the development of advanced electromechanical and hydraulic integration technologies.

Watrix.AI

Angel Round in 2017
Watrix.AI is a leading artificial intelligence company based in Beijing, China, specializing in computer vision and video big data analysis. Founded in 2016, the company emerged from the Institute of Automation at the Chinese Academy of Sciences and boasts a founding team with over two decades of experience in the field. Watrix.AI is recognized for its advanced gait recognition technology, as well as solutions in face recognition and density warning systems. Its products cater to various industries, including security, transportation, manufacturing, and industrial testing, which encompasses automobiles, mobile phones, textiles, and wood. By providing innovative AI solutions, Watrix.AI enhances surveillance capabilities for its clients, enabling accurate identification based on movement and posture.
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