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 specializes in the development of AI-enabled robotic systems equipped with integrated 3D vision technology. The company offers a range of software and hardware solutions tailored for smart manufacturing, logistics, and home automation. This includes advanced 3D vision cameras and algorithms that enhance the capabilities of manufacturing robots, allowing them to perform complex tasks such as detection, positioning, recognition, and guidance in challenging environments. By combining innovative technology with practical applications, DexForce aims to improve efficiency and effectiveness in various sectors.

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 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.

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.

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 platform focused on protein design, aiming to enhance the discovery, optimization, and creation of proteins through advanced algorithms. By streamlining the drug development process, the company supports various sectors, including industrial and agricultural production, material design, and environmental enhancement. Its integrated biological computing system offers capabilities in predicting and designing peptides, antibodies, enzymes, and small proteins, facilitating industrial-scale applications in protein optimization and design.

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.

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 AI-powered workstations that utilize proprietary learning, vision, and control software to streamline manual assembly tasks. By integrating hardware and software solutions, Industrial Next enables manufacturing companies to improve efficiency and precision in their assembly lines, thereby facilitating flexible and intelligent production automation.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited specializes in the design, development, and manufacturing of autonomous industrial vehicles and solutions for intralogistics automation. Founded in 2015 and based in Shenzhen, China, the company utilizes advanced technologies such as artificial intelligence, environmental perception, deep learning, and servo control to create a range of products, including unmanned forklifts and tractors. VisionNav offers a variety of automated vehicles tailored for both indoor and outdoor environments, addressing the needs of sectors such as e-commerce logistics, aviation logistics, and retail. The company has achieved notable advancements in material storage and navigation capabilities, enabling efficient operations in narrow spaces and complex logistics scenarios. With a strong portfolio of projects across over 50 companies in diverse industries, VisionNav Robotics is committed to enhancing global logistics efficiency through innovative driverless solutions.

Syrius Robotics

Series B in 2021
Syrius Robotics, founded in 2018 and based in Shenzhen, China, specializes in manufacturing autonomous mobile robots for material handling in various sectors, including e-commerce, retail, and logistics. The company develops its own operational systems, software platforms, and AIoT cloud services to enhance the efficiency of fulfillment centers and warehouses worldwide. Utilizing advanced technologies such as Artificial Intelligence, laser radar, and camera systems, Syrius Robotics provides intelligent logistics solutions that improve productivity and streamline logistics management. Their products are increasingly adopted by a diverse range of commercial organizations beyond the transportation industry, showcasing the versatility of their automation solutions.

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 enhancing manufacturing optimization and intelligent manufacturing. The company integrates artificial intelligence and related technologies to deliver solutions that include intelligent industrial platforms, integrated equipment, and digital intelligence media. By focusing on the synergy between scientific research and industry, SmartMore seeks to innovate continuously and restructure AI systems to improve machine understanding. Its offerings provide industrial users with essential services for manufacturing optimization and digitalization, facilitating a more efficient and advanced industrial landscape.

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 specializes in the design, development, and manufacturing of autonomous industrial vehicles and solutions for intralogistics automation. Founded in 2015 and based in Shenzhen, China, the company utilizes advanced technologies such as artificial intelligence, environmental perception, deep learning, and servo control to create a range of products, including unmanned forklifts and tractors. VisionNav offers a variety of automated vehicles tailored for both indoor and outdoor environments, addressing the needs of sectors such as e-commerce logistics, aviation logistics, and retail. The company has achieved notable advancements in material storage and navigation capabilities, enabling efficient operations in narrow spaces and complex logistics scenarios. With a strong portfolio of projects across over 50 companies in diverse industries, VisionNav Robotics is committed to enhancing global logistics efficiency through innovative driverless solutions.

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 improve efficiency and reduce costs in customer service operations. Its robots are aimed at enhancing service experiences across various sectors, including hospitality, luxury retail, and restaurants. By automating certain aspects of customer service, Yunji Technology's solutions enable clients to save time and streamline their operations, ultimately empowering businesses to deliver improved services to their customers.

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 enhancing manufacturing optimization and intelligent manufacturing. The company integrates artificial intelligence and related technologies to deliver solutions that include intelligent industrial platforms, integrated equipment, and digital intelligence media. By focusing on the synergy between scientific research and industry, SmartMore seeks to innovate continuously and restructure AI systems to improve machine understanding. Its offerings provide industrial users with essential services for manufacturing optimization and digitalization, facilitating a more efficient and advanced industrial landscape.

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.

SmartMore

Seed Round in 2020
SmartMore is a developer and operator of smart industrial platforms aimed at enhancing manufacturing optimization and intelligent manufacturing. The company integrates artificial intelligence and related technologies to deliver solutions that include intelligent industrial platforms, integrated equipment, and digital intelligence media. By focusing on the synergy between scientific research and industry, SmartMore seeks to innovate continuously and restructure AI systems to improve machine understanding. Its offerings provide industrial users with essential services for manufacturing optimization and digitalization, facilitating a more efficient and advanced industrial landscape.

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 specializes in the design, development, and manufacturing of autonomous industrial vehicles and solutions for intralogistics automation. Founded in 2015 and based in Shenzhen, China, the company utilizes advanced technologies such as artificial intelligence, environmental perception, deep learning, and servo control to create a range of products, including unmanned forklifts and tractors. VisionNav offers a variety of automated vehicles tailored for both indoor and outdoor environments, addressing the needs of sectors such as e-commerce logistics, aviation logistics, and retail. The company has achieved notable advancements in material storage and navigation capabilities, enabling efficient operations in narrow spaces and complex logistics scenarios. With a strong portfolio of projects across over 50 companies in diverse industries, VisionNav Robotics is committed to enhancing global logistics efficiency through innovative driverless solutions.

Ensonic

Series A in 2020
Ensonic specializes in acoustic detection AI technology, focusing on industrial applications. The company offers industrial acoustics monitoring solutions that analyze the characteristics of mechanical motion, allowing for real-time monitoring of industrial equipment. Its products provide accurate diagnostic results, which are beneficial in sectors such as intelligent manufacturing, energy, electric power, and rail transit. This technology enables customers to effectively manage and monitor the performance of their machinery, enhancing operational efficiency and reliability across various industries.

Unity Drive Innovation

Series A in 2020
Unity Drive specializes in the development of autonomous vehicles aimed at providing innovative logistics solutions. The company focuses on transportation-as-a-service (TaaS) operations, encompassing vehicle design, production, and comprehensive software and hardware development. With a team experienced in electrical engineering, artificial intelligence, and autonomous driving, Unity Drive integrates advanced technologies such as Lidar, vision systems, and deep learning algorithms. This enables the creation of various intelligent products, including low-speed unmanned logistics vehicles, shuttles, and security surveillance systems. By leveraging these technologies, Unity Drive aims to significantly reduce labor costs and enhance operational efficiency across industries.

OrigiTech

Series A in 2020
Origitech Co., Ltd. is an industrial machinery company located in Shanghai, China, specializing in the development of smart machines that integrate advanced AI technologies. The company aims to enhance operational efficiency by facilitating collaboration between workers and machines. Recognizing the gap in occupational education and talent demand within the industrial sector, Origitech addresses the evolving perceptions of manufacturing jobs, which are often viewed unfavorably despite significant improvements in working conditions. By focusing on user-friendly design and digitalization, Origitech's machines minimize installation and debugging time, thus enabling industries to adapt quickly to changing production needs.

OrigiTech

Series A in 2020
Origitech Co., Ltd. is an industrial machinery company located in Shanghai, China, specializing in the development of smart machines that integrate advanced AI technologies. The company aims to enhance operational efficiency by facilitating collaboration between workers and machines. Recognizing the gap in occupational education and talent demand within the industrial sector, Origitech addresses the evolving perceptions of manufacturing jobs, which are often viewed unfavorably despite significant improvements in working conditions. By focusing on user-friendly design and digitalization, Origitech's machines minimize installation and debugging time, thus enabling industries to adapt quickly to changing production needs.

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 supporting production line system solutions. The company focuses on developing high-end parallel robots under its Astro Boy brand, which aims to enhance productivity and operational efficiency for businesses in industries such as food, pharmaceuticals, and daily chemicals. Atomrobot's solutions include standalone machines and workstations designed to help factories increase production capacity while reducing reliance on manual labor. With a commitment to reliability and performance, the company has successfully exported its robots to markets in the UK and Russia, setting a precedent for the international distribution of domestic robotic technology.

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.

CyberInsight

Series A in 2018
CyberInsight specializes in providing comprehensive solutions centered around cyber-physical systems (CPS). The company focuses on developing advanced algorithms and technologies, including deep learning, machine learning, and predictive health management. By leveraging the IAI DevOps concept, CyberInsight designs and operates large-scale, high-performance distributed systems. The company’s offerings include industrial data solutions that utilize artificial intelligence and big data analytics, enabling manufacturers to enhance production efficiency and make informed decisions. With a robust technology stack that encompasses cloud computing, industrial IoT, and edge computing, CyberInsight supports its clients in effectively managing assets and optimizing operations.

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.

Watrix.AI

Angel Round in 2017
WATRIX.AI is a leading artificial intelligence company based in Beijing, China, founded in 2016. It specializes in computer vision and big data analysis, focusing on advanced recognition solutions such as gait recognition, face recognition, and density warning systems. The company emerged from the Institute of Automation at the Chinese Academy of Sciences and is led by a team with over 20 years of research experience in the field. WATRIX's technology is utilized across various industries, including security, transportation, and manufacturing, providing clients with sophisticated data analysis and identification capabilities based on movement and gait. Its innovative solutions enhance surveillance and industrial testing processes in sectors such as automotive, mobile devices, textiles, and wood products.
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