Lenovo Capital and Incubator Group
联想创投
Lenovo Capital and Incubator Group (联想创投) is Lenovo's investment arm, with a portfolio spanning CATL, NIO, Cambricon, 4Paradigm, SmartMore, and LangBoat . Its AI tilt runs deep: per an 暗涌Waves profile of partner Song Chunyu — a 20-plus-year Lenovo industry investor — the group backed Cambricon in 2017 on a bet that AI computing power would grow hundreds-fold, followed up across four consecutive rounds, and has since invested in more than seventy AI-related startups including LLM company LangBoat in 2021-2022 . More recent activity in elsewhere's corpus shows it staying active as a co-investor: co-leading Direct Drive Tech's ~RMB 100M Series A in 2022 , joining LimX Dynamics' angel/Pre-A rounds in 2023 (cumulative funding ~$69M as of July 2025, per PitchBook) , and continuing to top up positions in Infinigence AI's ~RMB 500M round in late 2025 .
AI-generated — may contain errors, please verify.
Coverage
BlueRun Ventures Adds to Stake as NanoCore Chips Closes Over RMB 1 Billion in Series B Funding to Accelerate Edge-Cloud Collaborative 3D Computing-in-Memory LPU Chips | BlueRun Family
Pushing Large Model Inference Toward Edge-Cloud Collaboration
Optical interconnect startup Guanglian Xinke (光联芯科) has raised nearly 500 million RMB in its Series A funding round, with Gaorong Ventures co-leading the investment.
It keeps breaking fundraising records for early-stage companies in China's optical interconnect space.
Qiming View | Alex Zhou and Chen Nan of Qiming Venture Partners: Witnessing Yunyinggu Technology Team's Exponential Growth, Staying 'Half a Step Ahead' Through Long-Termism
Qiming Venture Partners' investment strategy is becoming increasingly focused, staying committed to deepening its existing circle of competence and building out its portfolio with steady, deliberate execution.
Drinking Beer with Lex Fridman in Beijing
He's come to China too.
Visual Perception Earbuds, AI OS, and a Chinese Company Beating Apple to the Punch | A Conversation with RayGF Co-Founder Kangda Chen
The battle for entry points in the AI era is spilling beyond devices, and vision is the most critical gateway.
5Y News | Weifen Zhifei Raises Hundreds of Millions of RMB in Series A1 Funding to Accelerate R&D and Commercialization of Embodied Flight Intelligence
WeDifferential Intelligence has closed a Series A1 funding round worth several hundred million yuan.
Source Code Capital Co-Leads Pre-A Round in 3D AI Chip Startup Suanmiao Tech, Which Raised Nearly 1 Billion Yuan Across Two Consecutive Rounds
Source Code Capital has invested in more than 20 companies across the AI industry chain.
An Underwater AI Chip Company Raises 1 Billion Yuan, Targeting Large Model Inference
Walking between two "hands."
LimX Dynamics: Humanoid Robotics Innovation Leads the World | Vital Views
Achieving side-by-side collaboration with humans within 5 to 10 years
Deep Potential Technology's 800 Million Yuan Raise: From Research Workshop to China's DeepMind
Six key short stories.
Qiming Weekly | Qiming Venture Partners Portfolio News and Updates Vol. 42, 2025
Staying with you through the milestone moments of Qiming Venture Partners' portfolio companies.
Infinigence AI Closes Nearly 500 Million Yuan Funding Round to Build Infrastructure for the Agentic Era | Oasis Vitality
Councilor Vitality
Morning Star | Infinigence AI's Yu Wang: Token Has Become One of the Most Core Production Factors in the Intelligence Era
Infinigence AI hopes to both empower industries across the board through AI cloud capabilities and help new smart devices reach millions of households.
Qiming Venture Partners Portfolio Companies Shine at 2025 World Artificial Intelligence Conference
As one of the most influential industry events in the global artificial intelligence sector, the 2025 World Artificial Intelligence Conference took "Intelligent Era: Shared Responsibility for Our Planet" as its theme, continuing to serve its important roles as a "technology weathervane, application showcase, industry accelerator, and governance forum" — comprehensively presenting the latest developments in cutting-edge AI technology, industrial trends, and global governance practices.
WeRide Teams Up With Lenovo Vehicle Computing to Globally Debut 100% Automotive-Grade HPC 3.0 Computing Platform Powered by NVIDIA DRIVE Thor
Going forward, WeRide will also apply the HPC 3.0 platform to its other L4 autonomous driving products, including autonomous minibuses and sanitation vehicles, making autonomous driving technology accessible across all urban scenarios and serving more customers and users.
Linear Capital's seed-round lead portfolio company Deep Principle has closed a nine-figure RMB Pre-A strategic financing round, with existing investor Linear Capital increasing its stake.
Leading the AI4S Track, Igniting an Intelligent Revolution in the Microscopic World
Dalton Venture's Sun Qi: Building Confidence Through Cyclical Swings, Riding Out Industry Ups and Downs | Dalton Insights
As winter fades and spring arrives, China's venture capital industry's annual opening gala convened as scheduled. On February 28, 2025, the "PEDaily 100" hosted by Zero2IPO and PEDaily took place in Sanya, bringing together the investment community to take the pulse of an unprecedented 2025. **Dalton Venture founding managing partner Sam Gao** was invited to participate in the roundtable discussion ***Healthcare Investment: Against the Current***, sharing Dalton Venture's positioning and thinking in the healthcare sector.
CereMediTech Successfully Completes Series A+ Funding Round | BlueRun Ventures
Building the "New Infrastructure" for Diagnosing and Treating Neurological Disorders
Infinigence AI Raises Nearly RMB 1 Billion in Total Funding, Aiming to Become the Go-To "Compute Operator" in the LLM Era | Oasis Vitality
Advisor on Vitality
"Six-Pack Abs" Aren't Just a Dream: AI Can Make It Come True
One-click muscle gain.
A VC Lesson from Tian Xuan
Thirty years, a journey of departures and returns.
A Globalization Guide for Chinese Founders: Slicing the World Horizontally
The word "globalization" — so brief, yet it encompasses so many narratives.
Code Brain | How CATL Became "Ning Wang": The Rise of a New Supply Chain Anchor
Tang Xiaoou and His Unfinished AI Puzzle
The Unfulfilled Ambitions of a 55-Year-Old Scientist
General Electric-footed robotics company LimX Dynamics completes nearly RMB 200 million angel and Pre-A funding rounds | Oasis Capital leads
Counselor Vitality
Legend Capital's Song Chunyu: China's AI Decade — Missed Opportunities and Missteps
Will This AI Wave Repeat Yesterday's Story?
"Whatever one man can imagine, other men can make real" | 5Y News Monthly
The major events from last month.
Beyond What Meets the Eye | 5Y News Monthly
The big news from last month.
Linear Academy｜Former Founding Team Executive on How OnePlus Navigated Its Early Startup Days
Recently, Linear Academy invited the former VP of OnePlus's Platform Center and a founding team executive to share his insights with Linear Academy friends in an online session. He discussed OnePlus's startup phase, acceleration period, and development lessons to date, with particular focus on how a relatively niche brand built global influence in the smartphone market. We've compiled portions of his talk to share with you. Below is a transcript of Gong Yin's remarks.
5Y News | 5Y Capital Portfolio Company Direct Drive Tech Closes Nearly RMB 100 Million Series A Round
Focused on the R&D and commercialization of direct-drive power solutions for robotics.
How Do Next-Generation Brands Become Global Brands? Anker's "Guns and Roses" | Ronghui Practical Sharing
At the end of the day, it's about winning over consumers.
Code Brain | Three Key Words in Corporate Crisis Management from 3·15
Attitude, Action, Commitment
Cloud-native intelligent industrial design SaaS provider Shexu Technology closes Series A funding
Establish an intelligent design technology system for industrial machinery design scenarios.
Shexu Technology Raises Tens of Millions of RMB in Angel Round to Build Industrial Intelligent Design and Manufacturing Cloud Platform
AI + SaaS, making industrial design smarter.
Source Code Capital Portfolio Company Cyclone Robotics Closes Nearly $40 Million Series B Round, Source Code Capital Continues to Increase Stake
Already serving hundreds of domestic clients across financial services, government, energy, and high-tech sectors.
Source Code Capital's Hongjiang Zhang Ranks No. 1 in China for Third Consecutive Year on Global Top Computer Scientists List
Guide2Research 2020 Global Top 1,000 Computer Scientists h-index Rankings
Dingdong Maicai's Liang Changlin: We Oppose Gimmicks and Tricks, We Do the Hard and Unsexy Things | Gaorong Ventures Share
Dingdong Maicai's Four Non-Consensus Beliefs: Retention Is King, Efficiency Is Life, Exponential Thinking, and the Seed Theory.
FreeS Fund Angel-Round Portfolio Company SoundAI Technology Closes RMB 200 Million Series B Round | FreeS Funding News
AI technology must be deeply integrated with industry know-how.
