Legend Capital, established in 2001, is a Beijing-based venture capital firm and subsidiary of Legend Holdings Ltd. It manages multiple funds totaling up to US$700 million, focusing on early-stage IT companies and mid-market growth stage companies in China. Its investment sectors include network applications and services, outsourcing, professional services, IC design, key components, consumer goods, clean technology, healthcare, and modern services. Legend Capital actively supports its portfolio companies, providing business resources and tailored services to facilitate growth and enhance returns. Notable portfolio companies include Joyo.com (acquired by Amazon.com) and Spreadtrum Communications (Nasdaq: SPRD).
10/F, Tower A, Raycom Info.Tech Center, No.2 Ke Xue Yuan Nanlu, Zhong Guan Cun, Haidian District, Beijing 100190, China
Daqing Cai
Managing Director
Hao Chen
Managing Director and Head of Investment
Raymond CHEN
Co-Chief Investment Officer
Rui Chen
Managing Director
Frank Hong
Managing Director
Henry Ji
Executive Director
Yi Kang
Director
Richard Li
President
Jiaqing Li
Managing Director
Joon Sung Park
Executive Director
FAN Qihui
Executive Director
Jenking Shao
Managing Director and Partner
Zhenxing Shao
Partner / Managing Director
Jeff Wang
Managing Director
Junfeng Wang
Managing Director
Nengguang Wang
Managing Director and CFO
Piau-Voon Wang
COO
Tony WANG
VP
Ge Xinyu
Managing Director
Quan Zhou
Managing Director, Partner
Hank Zhou
Executive Director
Hongbin Zhou
Managing Director
Linan Zhu
Chairman
William Wen
Executive Director
Past deals in Manufacturing
Force Inspiration
Angel Round in 2025
Force Inspiration is a start-up focusing on embodied intelligence technology. The company mainly engages in technology development, technical consulting, software development, basic artificial intelligence software development, information system integration services, intelligent robot research and development and sales, and industrial robot manufacturing and sales.
AiCheng Technology
Series B in 2025
Suzhou Aicheng Technology is an organization that seamlessly integrates research and development (R&D) with production processes.
Picea Motion
Series A in 2025
Picea Motion is a precision harmonic drive company that specializes in the development and production of harmonic speed reducers.
Chuangrui Spectrum
Seed Round in 2024
Chuangrui Spectrum specializes in the design and manufacture of time-resolved spectroscopy devices and equipment. Chuangrui Spectrum focuses mainly on research and development, as well as the manufacture and marketing of high-end scientific research equipment.
Sunshine Hydrogen
Series A in 2024
Sunshine Hydrogen designs and manufactures its own PWM hydrogen production power supply.
Alioth
Series A in 2023
Alioth specializes in the development and application of pharmaceutical process technology, focusing on high-quality separation and purification solutions for the pharmaceutical and biotechnology sectors. The company is committed to ensuring compliance with domestic and international regulations, particularly Good Manufacturing Practices (GMP). To support its operations, Alioth has established production facilities in Lingang, Shanghai, and Hangzhou, which house process development labs, verification labs, and research and development centers dedicated to filtration technology. The team, comprised of membrane technology scientists, plays a crucial role in advancing the company’s product offerings and enhancing supply chain security. Through its innovative solutions, Alioth aims to improve pharmaceutical manufacturing processes for its partners.
Saige Research
Series B in 2023
Saige Research is a company that focuses on providing artificial intelligence solutions specifically for the manufacturing sector, particularly in the area of industrial inspection and quality control. The firm has developed a deep learning vision inspection platform that addresses the challenges faced by inspectors, enhancing work efficiency. This technology offers capabilities such as power detection, speed detection, and versatility, allowing for greater convenience in development. By automating the inspection process, Saige Research aims to deliver optimal AI solutions that improve quality assurance in manufacturing environments.
Wepure
Seed Round in 2023
Wepure develops, manufactures, and distributes nano-microspheres made of silica gel and resin.
Using.AI
Seed Round in 2023
Using.AI is an AI application service provider focused on enhancing the advanced manufacturing industry through innovative technology. The company specializes in machine vision, robotics learning, and machine learning, developing self-learning solutions that optimize manufacturing processes. Its products are designed to benefit sectors such as OLED, optics components, and semiconductor devices, contributing to significant advancements in efficiency and performance within these markets.
Sinsegye
Seed Round in 2023
Sinsegye is a product-driven enterprise that specializes in providing industrial control supercomputing infrastructure. The company develops and supplies industrial intelligence computers and software aimed at enhancing industrial automation and intelligence. Its offerings focus on advanced manufacturing, high-end equipment manufacturing, new energy, and industrial IT innovations. By delivering these solutions, Sinsegye enables users to transform the landscape of the industrial computing market.
Chuangrui Spectrum
Angel Round in 2023
Chuangrui Spectrum specializes in the design and manufacture of time-resolved spectroscopy devices and equipment. Chuangrui Spectrum focuses mainly on research and development, as well as the manufacture and marketing of high-end scientific research equipment.
SJ Semi
Series C in 2023
SJ Semi is a MEOL foundry focused on front-end wafer manufacturing and quality systems. The company specializes in bumping, Cu pillar, RDL, and testing services for 12" wafers while investing in R&D for fan-out, TSV, interposer, and 3D technologies. With over a decade of experience, SJ Semi aims to support advancements in the semiconductor market.
Sinsegye
Seed Round in 2022
Sinsegye is a product-driven enterprise that specializes in providing industrial control supercomputing infrastructure. The company develops and supplies industrial intelligence computers and software aimed at enhancing industrial automation and intelligence. Its offerings focus on advanced manufacturing, high-end equipment manufacturing, new energy, and industrial IT innovations. By delivering these solutions, Sinsegye enables users to transform the landscape of the industrial computing market.
Alioth
Series A in 2022
Alioth specializes in the development and application of pharmaceutical process technology, focusing on high-quality separation and purification solutions for the pharmaceutical and biotechnology sectors. The company is committed to ensuring compliance with domestic and international regulations, particularly Good Manufacturing Practices (GMP). To support its operations, Alioth has established production facilities in Lingang, Shanghai, and Hangzhou, which house process development labs, verification labs, and research and development centers dedicated to filtration technology. The team, comprised of membrane technology scientists, plays a crucial role in advancing the company’s product offerings and enhancing supply chain security. Through its innovative solutions, Alioth aims to improve pharmaceutical manufacturing processes for its partners.
AKA Robotics
Series A in 2022
AKA Robotics specializes in the development, manufacturing, and sale of specialized and industrial robots, as well as intelligent equipment. The company provides innovative solutions for rust removal, cleaning, deicing, testing, spraying, and polishing across various industries, including shipbuilding, petrochemicals, wind power, and offshore platforms. By utilizing advanced robotic technologies, AKA Robotics aims to enhance efficiency and safety, enabling workers to avoid hazardous environments characterized by high risks and pollution. The company's commitment to improving operational processes supports enterprises in their transformation and upgrade efforts while promoting sustainable development.
TOPNC
Series D in 2022
TOPNC is a developer of intelligent manufacturing equipment and process solutions, primarily focusing on the aerospace sector. The company specializes in CNC technology, precision transmission technology, and advanced process technology. TOPNC produces CNC machine tools and other major manufacturing equipment that are essential in high-end manufacturing fields. Over time, it has established a reputation for innovation in domestic CNC equipment, providing tailored solutions for aerospace vehicles, machine tools, and general assembly production lines.
Joymed Technology
Series B in 2022
Joymed Technology specializes in the research and development, registration, and manufacturing of medical devices, providing comprehensive solutions tailored for medical equipment businesses. The company focuses on delivering innovative and reliable technology while ensuring high-quality standards in its products. By offering services such as device design, risk management, marketing, and product verification and validation, Joymed Technology enables its clients to develop and launch safe and affordable medical products efficiently. The company aims to become a trusted partner for both domestic and international medical device firms, particularly assisting small and medium-sized enterprises in navigating the complexities of the medical product market. Through flexible collaboration and optimized design processes, Joymed Technology seeks to accelerate mutual growth with its customers.
Nest
Series A in 2022
Nest is a manufacturer of laboratory equipment and consumables primarily focused on the life sciences sector. The company utilizes modern production tools in a large manufacturing facility to create various products, including cytology, microbial detection, and molecular biology consumables. In addition to these offerings, Nest also provides in vitro diagnostic and medical device-related products. By continually researching and developing new fundamental supplies, Nest aims to provide affordable solutions for its customers, ensuring that laboratories have access to essential consumables for their research needs.
Hoteam Software
Series C in 2022
Hoteam Software is a provider of intelligent manufacturing solutions aimed at transforming enterprise operations. The company emphasizes independent innovation and the development of controllable industrial software to support the advancement of China's industrial sector. Hoteam Software specializes in 3D software and offers a comprehensive range of services, including computer-aided design (CAD), computer-aided manufacturing (CAM), computer-aided process planning (CAPP), product data management (PDM), product lifecycle management (PLM), manufacturing execution systems (MES), warehouse management systems (WMS), and supplier relationship management (SRM). By leveraging its technology platforms, Hoteam Software enables industrial enterprises to enhance work efficiency and reduce operational costs through three-dimensional design, intelligent management, and visualization capabilities.
Eswin
Series C in 2021
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.
Eswin
Series B in 2020
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.
Novast
Venture Round in 2020
Novast Holdings Ltd. is a multinational pharmaceutical company with operations in China and the United States, specializing in the research, development, and manufacture of FDA-inspected generic drugs. The company focuses on creating complex formulations that incorporate challenging active pharmaceutical ingredients (APIs) and offers product development services leveraging its expertise in novel technologies and drug delivery systems. Novast has established itself as a prominent player in the pharmaceutical industry in China, possessing unique capabilities in drug development, quality systems, and infrastructure. It collaborates with pharmaceutical and biotechnology companies to bring products to regulated markets, particularly the U.S. market, where it is recognized as a pioneer among Chinese companies selling pharmaceuticals locally. Novast also operates cGMP manufacturing facilities and has a management team experienced in securing numerous generic drug patents in the U.S., alongside independent research and development of innovative drug-delivery technologies.
Mancando
Series A in 2019
Mancando is an automotive parts supplier based in Guangzhou, Guangdong, China, established in August 2015. The company specializes in providing a comprehensive range of car wearing parts essential for auto repair factories. Its product portfolio includes components for lubrication, braking, wiper, filtering, ignition, timing, and lighting systems. By integrating traditional auto parts management with internet and platform management, Mancando offers an innovative approach that allows customers to access all necessary automotive products from a single source.
Mancando
Series A in 2019
Mancando is an automotive parts supplier based in Guangzhou, Guangdong, China, established in August 2015. The company specializes in providing a comprehensive range of car wearing parts essential for auto repair factories. Its product portfolio includes components for lubrication, braking, wiper, filtering, ignition, timing, and lighting systems. By integrating traditional auto parts management with internet and platform management, Mancando offers an innovative approach that allows customers to access all necessary automotive products from a single source.
Tenry Pharmaceutical
Series B in 2019
Shanghai Tenry Pharmaceutical Company Limited operates two advanced manufacturing facilities in Shanghai, specializing in the production of biopharmaceuticals, pharmaceutical raw materials, and chemical drugs. The company is recognized as a technology-driven enterprise, focusing on the development and commercialization of innovative healthcare solutions. Tenry holds 73 nationally approved drugs and two biological agents, with its primary products aimed at bleeding and wound management. Through its commitment to research and development, along with regulatory compliance, Tenry strives to enhance patient care by providing effective treatment options.
S&T
Series A in 2017
S&T is a company that develops, manufactures, and markets tyre pressure monitoring systems.
IWODE Trendy Tailor
Series B in 2015
IWODE Trendy Tailor is a manufacturer that offers tailoring services. They offer high-quality, exquisite-tasting personalized apparel at a reasonable price. There are no hidden fees for extra services such as embroidery of names or other extra labor that IWODE may supply. They also provide free ironing, adjustments, and delivery with no minimum purchase requirement.
LenoMed Medical
Angel Round in 2014
LenoMed Medical is a manufacturer of medical devices focused on improving diabetes management. With over 15 years of research and development experience in infusion technology, the company specializes in creating innovative products such as the InnoTech insulin pump, drug infusion pumps, and related disposables. LenoMed is dedicated to enhancing diabetes care through the integration of continuous glucose monitoring technology with their insulin pumps, aiming to provide patients with better treatment options and monitoring capabilities. Their commitment to advancing diabetes management is reflected in their comprehensive diabetes care management system.
Reach Surgical
Venture Round in 2013
Reach Surgical is a manufacturer of surgical instruments and medical equipment, established in 2005 as a foreign-owned enterprise in China. The company focuses on integrating research and development with production and sales, offering advanced solutions for minimally invasive surgeries. Its product range includes open series staplers and endoscopic staplers designed for thoracic and general surgery procedures. All products have received approvals from the US FDA and the EU CE, ensuring compliance with high industry standards. Reach Surgical operates three research and development centers located in Cincinnati, USA, and in Beijing and Shanghai, China, underscoring its commitment to innovation and improving surgical operation efficiency for clinical surgeons worldwide.
Xiamen Sporting Clothing
Venture Round in 2011
Xiamen World Gear Sports Goods, Ltd. manufactures fitness and health care equipment.
Sevalo
Series A in 2011
Sevalo Construction Machinery Group Co., Ltd. is a prominent distributor and manufacturer of construction machinery based in Wuhan, China. Founded in 2002, the company specializes in the production of heavy machinery, including multi-purpose excavators, loaders, and associated equipment. In addition to manufacturing, Sevalo offers remanufacturing services, machinery resale, as well as repair and maintenance services. The company employs digital and supply chain technology to enhance the value it provides to its customers and partners in the construction machinery sector. With self-operated chain stores located in several regions including Hubei, Hebei, Xinjiang, Guangxi, Tianjin, and Chongqing, Sevalo serves a diverse range of industrial clients throughout China, supporting them throughout the entire life cycle of their construction machinery.
Bonovo Orthopedics
Series C in 2010
Bonovo Orthopedics, Inc. specializes in the development, manufacturing, distribution, and sale of orthopedic implants and related products for the Chinese healthcare market. Established in 2005 and headquartered in Scottsdale, Arizona, the company offers a diverse range of products, including artificial discs, spinal fixation systems, hip and knee joint replacements, and bone void fillers. Additionally, Bonovo provides minimally invasive surgical solutions, such as kyphoplasty systems for vertebral fractures, along with various surgical instruments and devices. With over 15 years of experience and strong partnerships with leading clinicians and hospitals, Bonovo is well-positioned to meet the demands of the Chinese orthopedic market. The company operates manufacturing facilities in Beijing and Shanghai, ensuring efficient production and distribution of its innovative orthopedic solutions.
Mbaobao
Series B in 2010
Mbaobao (麦包包) is a Chinese domestic internet fashion bags brand. The company divides its products into series, in terms of customer ages, categories, and styles. As a result, Mbaobao standardizes and optimizes the process, and strictly controls the supply chain in order shorten the inter-mediated links from R&D to sales, which completely realizes the vertical industry chain from R&D and manufacturing to the terminal consumer. Mbaobao operates a science laboratory in Asia for the production of bags.
Mbaobao
Series A in 2010
Mbaobao (麦包包) is a Chinese domestic internet fashion bags brand. The company divides its products into series, in terms of customer ages, categories, and styles. As a result, Mbaobao standardizes and optimizes the process, and strictly controls the supply chain in order shorten the inter-mediated links from R&D to sales, which completely realizes the vertical industry chain from R&D and manufacturing to the terminal consumer. Mbaobao operates a science laboratory in Asia for the production of bags.
21Cake Food
Angel Round in 2010
21Cake Food Co., Ltd. is a Shanghai-based company that specializes in the manufacturing and marketing of cakes and pastries. Founded in 2004, it operates an e-commerce platform, 21Cake, which facilitates online and telephone orders for its products. The company integrates various business processes, including food research, development, production, marketing, and delivery. 21Cake has established telephone ordering service centers in major cities such as Beijing, Shanghai, and Hangzhou. It boasts a 15,000 square meter factory, employs 300 skilled bakers, and maintains a dedicated delivery team of over 200 personnel, along with a customer service staff of more than 30. The company is recognized for its luxury cakes and pastries, catering to a diverse customer base across China.
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