Lightspeed
光速中国
Lightspeed refers to at least two distinct venture capital entities in elsewhere's corpus. **Lightspeed Venture Partners** is the global fund headquartered in California, an early backer of to-B companies that launched its China presence in 2006 through what became **光合创投 (Luminous Ventures)**—formerly known as 光速中国 and 光速光合 . That China operation, now fully rebranded with a Chinese name after two decades, was led early on by investors Cao Darong, Mi Qun, and Han Yan; it has backed Meituan, Pinduoduo, and more recently hard-tech bets like Unitree and Zhipu AI . Separately, the **Lightspeed** brand also appears as a co-lead investor in Silicon Valley deals such as Inferact's $150 million seed round in early 2026 , distinct from the China team's evolved identity.
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Coverage
On the Eve of IPO, a Conversation with METiS Pharmaceuticals' Caida Lai: From Formulas on a Whiteboard to "The SpaceX of Pharma"
The story behind the investment.
峰瑞资本·Congratulations to METiS Pharmaceuticals on its Hong Kong Stock Exchange IPO — FreeS Fund invested in four consecutive early rounds.
From Whiteboard Equations to the "SpaceX" of Pharma
峰瑞资本·The Clear Path, Hidden Path, and Rocky Path of AI Fundraising
Where does the money come from?
暗涌Waves·Kerry Han Lands His First Fundraise of 2025, Says He'll Reject All US Dollars
The sentimental Han Yan told an even more sentimental story.
暗涌Waves·The Investor Who Made the Most Money Off Pinduoduo
"Though millions may oppose me, I will go."
暗涌Waves·The AI Inflection Point in the GPT Wave: Who's Betting Big? Who's Benefiting?
On February 28, ChinaVenture hosted a closed-door salon in Shanghai on the "AI Singularity," focusing on the impact of ChatGPT on entrepreneurship and investment in artificial intelligence. Zheng Can, Managing Director of Linear Capital, and Fangbo Tao, founder and CEO of Mindverse — an angel-round portfolio company of Linear Capital — attended the event and shared their perspectives on the topic. **Zheng Can noted that Linear Capital had already been tracking the AIGC space and had made multiple investments in the sector.**
线性资本·Hesai Group surged 10% in its IPO — a promising start to 2023
Get moving!
暗涌Waves·On the first day of August, we spoke with 23 investors about "confidence."
And, what are the things that are hard but right, and what are the things that are hard but wrong.
暗涌Waves·New Tracks, Interdisciplinary Fields, Down-Market Expansion, Data Infrastructure... Four Companies Raise Nearly 1.2 Billion RMB in Funding | FreeS Family Funding News · Vol 10
Looking forward to working alongside more outstanding founders.
峰瑞资本·5Y News | METiS Pharmaceuticals Closes Two Consecutive Rounds Raising $150 Million Total
Become an industry innovation leader.
五源资本·瀚巍微电子完成Pre-A+轮融资,发布最新款超低功耗UWB芯片 Hanwei Microelectronics Completes Pre-A+ Round, Unveils New Ultra-Low-Power UWB Chip
Accelerate the adoption of new products in consumer electronics and industrial internet product segments.
高榕创投·MemVerge Secures $19 Million Strategic Investment to Accelerate the "Big Memory Computing" Era
Intel, Cisco, NetApp, and SK hynix — industry leaders — have joined forces to invest, spearheading the big memory revolution.
高榕创投·











