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

President

Luo Xu

Managing Director

Past deals in Internet of Things

Taifang Technology

Series B in 2024
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company focuses on creating multi-touch screen hardware designed to enhance interactive tactile perception across consumer electronics and automotive applications. Taifang Technology offers a comprehensive range of interactive solutions, including hardware, software, displays, and premium multi-touch sensors, catering to the diverse needs of various businesses. Through its innovative products, the company aims to advance user interaction and experience in multiple sectors.

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.

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.

SpacemiT

Series A in 2023
SpacemiT is a computing chip company that specializes in the development and manufacture of advanced semiconductor solutions. It is focused on creating natively integrated cloud-edge-device architecture, with an emphasis on RISC-V high-performance CPUs. The company's offerings aim to provide robust computing solutions that combine integrated hardware and software optimization, catering to the growing demands of cloud computation and high-performance computing. SpacemiT aspires to establish itself as a pivotal player in the digital age's computing landscape, positioning itself as a significant global computing powerhouse.

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.

Callisto Technology

Seed Round in 2023
Callisto Technology is a company specializing in smart vehicle security and data management solutions. It develops intelligent safety systems aimed at enhancing autonomous driving capabilities. By leveraging artificial intelligence, big data, and advanced technologies, Callisto Technology provides automotive safety solutions tailored for global smart car and smart driving industries. The company's focus is on creating a safe and reliable network environment for vehicles, ensuring that customers can trust the integrity and safety of their automotive systems.

Taifang Technology

Venture Round in 2023
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company focuses on creating multi-touch screen hardware designed to enhance interactive tactile perception across consumer electronics and automotive applications. Taifang Technology offers a comprehensive range of interactive solutions, including hardware, software, displays, and premium multi-touch sensors, catering to the diverse needs of various businesses. Through its innovative products, the company aims to advance user interaction and experience in multiple sectors.

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.

Micronano Core

Series A in 2022
Micro-nano core is committed to the development and production of the world's leading intelligent IoT AIoT SoC serialized chips, through the world's leading four core technologies: ultra-low-power chip architecture technology (to solve the problem of system standby power consumption), ultra-low power consumption Power consumption closed-loop adaptive near-threshold circuit technology (to solve the problem of chip running power consumption), ultra-low power consumption and high-precision sensor acquisition technology (to solve the problem of high precision and low power consumption of sensor signal acquisition) and high-efficiency embedded AI engine technology (solving the computing power and energy efficiency of embedded AI), creating a general/platform technology system for IoT chips and AIoT serialized chips, enabling IoT products, and significantly improving the low power consumption, low power consumption, and low power consumption of future IoT products High-precision detection and edge AI inference performance.

Dunjia Technology

Angel Round in 2022
Founded in 2019, Dunjia specializes in smart home vision hardware. It integrates ISP image algorithms, CNN face recognition, vein reflection recognition, system-level optimization, and cloud platforms to create AIoT products for secure and intelligent connected living.

ZiFiSense

Series B in 2022
ZiFiSense is a telecommunications company specializing in the development of ZETA, a low-cost, low-power wide area network (LPWAN) designed to enhance connected intelligence across various applications. The company advances the industrial Internet of Things (IoT) by enabling true two-way communication through its innovative integration of 'Mesh Access' and 'Virtual OFDMA'. This technology allows for efficient data collection and extensive control of wireless sensors using a single ultra-narrow band channel, making it effective in diverse environments, from urban centers to remote areas. Additionally, ZiFiSense focuses on the research and development of telecommunications hardware, server platforms, wireless protocols, and software algorithms, thereby providing a robust IoT infrastructure to its clients.

ZiFiSense

Series B in 2022
ZiFiSense is a telecommunications company specializing in the development of ZETA, a low-cost, low-power wide area network (LPWAN) designed to enhance connected intelligence across various applications. The company advances the industrial Internet of Things (IoT) by enabling true two-way communication through its innovative integration of 'Mesh Access' and 'Virtual OFDMA'. This technology allows for efficient data collection and extensive control of wireless sensors using a single ultra-narrow band channel, making it effective in diverse environments, from urban centers to remote areas. Additionally, ZiFiSense focuses on the research and development of telecommunications hardware, server platforms, wireless protocols, and software algorithms, thereby providing a robust IoT infrastructure to its clients.

Dingdao Zhilian (Beijing) Technology

Seed Round in 2022
Dingdao Zhilian (Beijing) Technology specializes in developing a human-centric, device-based operating system designed to intelligently recommend and deliver Internet of Things (IoT) services. The company also provides cloud services and cloud computing solutions, with a focus on creating a secure and stable operating system and reliable cloud platform services. This enables clients to access and utilize IoT services effectively.

DataMesh

Series B in 2021
DataMesh specializes in digital twin and mixed reality solutions, transforming industries through real-time data integration with immersive 3D environments. Its flagship platform, FactVerse, enables precise simulations, effective training, and efficient maintenance workflows across manufacturing, construction, and facility management sectors.

RiVAI

Series A in 2021
RiVAI Technologies is a prominent developer of high-performance RISC-V based CPUs and customized system-on-chip (SoC) designs. The company specializes in creating advanced artificial intelligence chips tailored for Internet of Things (IoT) applications, serving a diverse range of sectors such as wearable technology, smart home devices, security systems, agriculture, and consumer electronics. By leveraging RISC-V, an open standard instruction set architecture, RiVAI enables its clients to achieve low-power and high-performance processing capabilities essential for modern computing demands, from edge devices to data centers.

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.

CoreTigo

Series B in 2021
CoreTigo specializes in high-performance wireless connectivity solutions for industrial automation. Its products enable machine builders, integrators, and manufacturers to enhance flexibility, adaptability, and modularity in their operations, leading to cost savings, increased productivity, and reduced downtime. CoreTigo's solutions are based on the IO-Link Wireless global standard, ensuring reliable communication even in harsh factory environments.

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.

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.

Dmall

Series C in 2020
Dmall is a cloud-based, end-to-end SaaS platform for local retailers and brand owners in China and Asia. Its offerings include a retail core service cloud, an e-commerce service cloud, and a marketing and advertising service cloud, all designed to improve operations, sales, and customer experiences. Built on Dmall OS and AIoT, the platform provides integrated data insights across retail activities to guide actionable improvements. The three clouds work together to deliver a one-stop solution for streamlined operations, commerce, and marketing. Dmall is positioned as a leader in retail digitalization, addressing core needs such as upgrading consumer experience, increasing operational efficiency, safeguarding system security, and supporting ESG responsibilities.

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.

MileBot Robotics

Series A in 2020
MileBot Robotics is a company based in Shenzhen, China, specializing in medical rehabilitation robot technology. Founded in 2016, it focuses on developing advanced technologies and medical products, including exoskeleton robots, navigation robots, hand rehabilitation exoskeleton robots, and treadmill-based rehabilitation robots. The company integrates robots with the Internet of Things, big data, and artificial intelligence to create an intelligent rehabilitation system. MileBot Robotics is committed to helping disabled individuals and the elderly through rehabilitation training, aiming to restore patients' dignity through technological advancements.

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.

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.

Vincross

Series A in 2019
Vincross Inc. is a consumer robotics company headquartered in Beijing, China, founded in 2014. The company specializes in creating sensor-enabled robots, most notably its flagship product, HEXA, a highly maneuverable six-legged robot designed to navigate various terrains and climb stairs. HEXA integrates a robotics operating system, MIND OS, which simplifies the development of robotic applications and movements, making it accessible for users to create sophisticated robotic functionalities with minimal coding. Vincross aims to democratize robotics by providing tools and resources for individuals—such as creators, programmers, and hobbyists—to engage with and explore the potential of robotics in everyday life. The company's vision encompasses a future where advanced robotics are commonplace in homes and serve practical purposes in areas like scientific exploration and emergency response.

Jeejio

Seed Round in 2018
Jeejio develops AI-based processors and intelligent operating systems for IoT-enabled devices, enabling developers to program and deploy AI capabilities on the chips. It designs and manufactures small, AI-enabled computers for IoT hardware and applications, and works on AI chips, system software, and cloud-based platforms to support IoT development. The company serves technology and electronics markets and aims to accelerate the growth of the IoT industry.

MileBot Robotics

Seed Round in 2018
MileBot Robotics is a company based in Shenzhen, China, specializing in medical rehabilitation robot technology. Founded in 2016, it focuses on developing advanced technologies and medical products, including exoskeleton robots, navigation robots, hand rehabilitation exoskeleton robots, and treadmill-based rehabilitation robots. The company integrates robots with the Internet of Things, big data, and artificial intelligence to create an intelligent rehabilitation system. MileBot Robotics is committed to helping disabled individuals and the elderly through rehabilitation training, aiming to restore patients' dignity through technological advancements.

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.

Cambricon Technologies

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

SmartX

Series B in 2017
SmartX is a prominent provider of hyperconverged infrastructure and software-defined storage solutions. The company offers a fully software-driven platform that is designed to be scalable across all x86 appliances, catering to a diverse clientele that includes major cloud builders, telecommunications companies, and IoT firms in China. SmartX focuses on delivering infrastructure that is distributed, highly reliable, and infinitely scalable, allowing organizations to seamlessly transition from traditional hardware-defined systems to modern enterprise cloud environments. This innovative approach enables enterprises to efficiently manage their IT applications while adapting quickly to evolving technological demands.

Pear

Seed Round in 2017
Pear Limited, headquartered in Shenzhen, China, specializes in data communication services that leverage fog computing technology. The company focuses on enabling smart devices to efficiently share idle computing, storage, bandwidth, and other resources. By advancing this innovative technology, Pear aims to facilitate enhanced connectivity and resource utilization across various applications in the evolving landscape of smart devices.

720health

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

Lenovo Connect

Seed Round in 2016
Lenovo Connect is a smart Internet of Things (IoT) service provider based in China. The company specializes in developing an integrated solution known as IC BAG, which combines IoT, cloud computing, big data, and artificial intelligence to enhance operational efficiency for enterprise customers. By collaborating with global network operators, hardware manufacturers, platform developers, system integrators, and service providers, Lenovo Connect aims to facilitate asset-light operations, enabling clients in the communication industry to achieve streamlined and effective service delivery.
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