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 Manufacturing

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.

Jiangxing Intelligence

Series B in 2024
Jiangxing Intelligence Inc., founded in 2018 and headquartered in Beijing, China, specializes in the development and operation of artificial intelligence-driven cloud-side collaborative Internet of Things (IoT) devices. The company provides innovative solutions such as EdgeBox, which facilitates real-time processing of big data and AI for industrial sectors, including manufacturing, oil and gas, hydropower, transportation, mining, renewable energy, and smart cities. Additionally, Jiangxing Intelligence offers the Ubiquitous Wisdom Eye, an intelligent monitoring device designed for transmission lines that integrates data from various sensors to create a comprehensive supervision platform. Founded by Professor Liu Jiangchuan, a recognized academician and IEEE Fellow, the company is dedicated to advancing edge computing technology and its applications in energy, industrial security, and intelligent warehousing. With additional offices in Shenzhen and Nanjing, Jiangxing Intelligence aims to enhance operational efficiency and safety in large-scale systems across multiple industries.

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.

Master Lightweight Technology

Venture Round in 2024
Master Lightweight Technology is an equipment-integrated system manufacturer focused on supplying robotic welding manufacturing lines.

Shenmagnetic Technology

Series A in 2024
Shenmagnetic Technology is a maker of magnetic materials. Its major business comprises the manufacturing and sales of superconducting materials, as well as innovative material technology research and development.

Beichen Innovation

Series A in 2023
Beichen Innovation manufactures lithium batteries and cathode materials and offers cathode process solutions to lithium iron phosphate cathode material producers.

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.

Zhendui Industry

Venture Round in 2022
Zhendui Industry is a CSSC exploration enterprise for the industrialization of science and technology. The State Council State-owned Enterprise Reform Group has authorized the fourth batch of pilot units for the reform of state-owned businesses with mixed ownership. The company, which is based on the tenets of ocean, green, and intelligence, is devoted to creating a leading enterprise in intelligent technology and product services in the sea-related industry. It is focused on marine transportation, maritime defense, and other related industries. The four main marine scenarios of offshore resource exploitation and offshore resource utilization have evolved into the first domestic marine-related intelligent company that can offer a comprehensive spectrum of intelligent solutions for all ship types and has a leading market.

Jiangxing Intelligence

Series B in 2022
Jiangxing Intelligence Inc., founded in 2018 and headquartered in Beijing, China, specializes in the development and operation of artificial intelligence-driven cloud-side collaborative Internet of Things (IoT) devices. The company provides innovative solutions such as EdgeBox, which facilitates real-time processing of big data and AI for industrial sectors, including manufacturing, oil and gas, hydropower, transportation, mining, renewable energy, and smart cities. Additionally, Jiangxing Intelligence offers the Ubiquitous Wisdom Eye, an intelligent monitoring device designed for transmission lines that integrates data from various sensors to create a comprehensive supervision platform. Founded by Professor Liu Jiangchuan, a recognized academician and IEEE Fellow, the company is dedicated to advancing edge computing technology and its applications in energy, industrial security, and intelligent warehousing. With additional offices in Shenzhen and Nanjing, Jiangxing Intelligence aims to enhance operational efficiency and safety in large-scale systems across multiple industries.

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.

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.

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.

Paidian Technology

Seed Round in 2022
Paidian Technology designs and manufactures smart electric motorcycles.

DataMesh

Series B in 2021
DataMesh is a leading company focused on advanced digital twin and mixed reality solutions that revolutionize operations, training, and maintenance across various industries. Its flagship platform, FactVerse, combines real-time data with immersive 3D environments, facilitating precise simulations and efficient workflows. DataMesh provides a comprehensive suite of tools, including DataMesh Director, Checklist, Inspector, and Simulator, designed to improve productivity and streamline processes in sectors such as manufacturing, construction, and facility management. By leveraging innovative technologies like artificial intelligence, augmented reality, and the Internet of Things, DataMesh empowers businesses to enhance their operational capabilities and drive digital transformation effectively.

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.

Arrayed Materials

Seed Round in 2021
Arrayed Materials is a company based in Shenzhen, China, that focuses on the development and manufacture of material fabrication systems utilizing pulsed laser deposition technology. It specializes in thin-film materials and high-throughput material preparation systems, catering to a variety of industrial applications. The company's technology is applied across multiple domains, including superconductors, lithium batteries, ceramics, photoelectric materials, sensors, alloys, semiconductors, and magnetic materials. Arrayed Materials offers a range of services, including high-speed material testing, property characterization, and various performance tests, enabling clients to automate data recording and facilitate intelligent comparisons of synthesis processes.

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.

Elite Robots

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

Laifual Drive

Venture Round in 2021
Laifual Drive is a manufacturer and supplier specializing in the research, design, and production of high-precision harmonic reducers and precision gear reducer devices. With a 30,000 m² standard factory, the company employs advanced production and testing equipment to maintain strict quality control throughout the manufacturing process, from raw materials to finished products. Laifual Drive's offerings are utilized in a variety of sectors, including robotics, aerospace, CNC machine tools, and semiconductor manufacturing. The company prides itself on its strong technical capabilities and independent development, delivering high-quality mechanical harmonic gears and high-load industrial gear drives tailored to the needs of diverse industries.

Jiangxing Intelligence

Series A in 2020
Jiangxing Intelligence Inc., founded in 2018 and headquartered in Beijing, China, specializes in the development and operation of artificial intelligence-driven cloud-side collaborative Internet of Things (IoT) devices. The company provides innovative solutions such as EdgeBox, which facilitates real-time processing of big data and AI for industrial sectors, including manufacturing, oil and gas, hydropower, transportation, mining, renewable energy, and smart cities. Additionally, Jiangxing Intelligence offers the Ubiquitous Wisdom Eye, an intelligent monitoring device designed for transmission lines that integrates data from various sensors to create a comprehensive supervision platform. Founded by Professor Liu Jiangchuan, a recognized academician and IEEE Fellow, the company is dedicated to advancing edge computing technology and its applications in energy, industrial security, and intelligent warehousing. With additional offices in Shenzhen and Nanjing, Jiangxing Intelligence aims to enhance operational efficiency and safety in large-scale systems across multiple industries.

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.

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.

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.

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.

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.

Smarteye Tech

Seed Round in 2019
Smarteye Tech Limited, established in 2017 and headquartered in Shenzhen, China, specializes in the development and manufacturing of advanced three-dimensional (3D) imaging systems. The company offers a range of products, including 3D scanning devices, industrial cameras, and 3D imaging software solutions tailored for diverse applications such as product inspections, automatic assembly, welding guidance, and reverse engineering. Smarteye Tech's innovative imaging systems utilize proprietary high-speed 3D imaging algorithms and FPGA hardware acceleration, enabling high-resolution and efficient scanning of both stationary and moving objects. The company's technology is designed to meet the needs of various industries, including manufacturing, medical, warehouse, and logistics, with features that emphasize high performance, speed, and a wide field of view.

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.

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.

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.

Smarteye Tech

Angel Round in 2017
Smarteye Tech Limited, established in 2017 and headquartered in Shenzhen, China, specializes in the development and manufacturing of advanced three-dimensional (3D) imaging systems. The company offers a range of products, including 3D scanning devices, industrial cameras, and 3D imaging software solutions tailored for diverse applications such as product inspections, automatic assembly, welding guidance, and reverse engineering. Smarteye Tech's innovative imaging systems utilize proprietary high-speed 3D imaging algorithms and FPGA hardware acceleration, enabling high-resolution and efficient scanning of both stationary and moving objects. The company's technology is designed to meet the needs of various industries, including manufacturing, medical, warehouse, and logistics, with features that emphasize high performance, speed, and a wide field of view.
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