Lenovo Capital and Incubator Group (LCIG)
Corporate VCBeijing · Seed–Series B
Investment thesis
Invests at early-stage and growth while incubating new businesses internally, directly integrating Lenovo’s global R&D, supply chain and channel resources and internal subsidiaries to accelerate portfolio companies.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 2 of 30 portfolio companiesAI & Machine Learning ×2Hardware ×2Semiconductors ×2
HQs:China×1
Investments · 30 tracked
founders shown can be your intro pathPioneer in China's premium electric vehicle market designing smart, connected vehicles with autonomous driving and AI technologies
Co-investorsHundreds CapitalShunwei Capital
Cambricon designs AI chips and processors, including its Siyuan (MLU) series built on chiplet technology and the MLUarch03 architecture, spanning cloud, edge, and device deployments.
AI & Machine LearningHardwareSemiconductors
Co-investorsTusStarBosch Ventures
MetaX (沐曦股份) designs GPU accelerator cards, GPU servers, workstations, and heterogeneous computing platforms (MXMACA) for AI and high-performance computing workloads.
AI & Machine LearningHardwareSemiconductorsShanghai, CN
Co-investorsCowin Capital GroupMonolith Venture Advisory Limited
Frequently asked questions
- How many investments has Lenovo Capital and Incubator Group (LCIG) made?
- Lenovo Capital and Incubator Group (LCIG) has 30 tracked investments.
- What stage does Lenovo Capital and Incubator Group (LCIG) invest at?
- Lenovo Capital and Incubator Group (LCIG) invests at the Seed, Series A, Series B stages.
- What is Lenovo Capital and Incubator Group (LCIG)'s typical check size?
- Lenovo Capital and Incubator Group (LCIG) typically writes checks of $1.5M – $150M.
- What sectors does Lenovo Capital and Incubator Group (LCIG) focus on?
- Lenovo Capital and Incubator Group (LCIG) focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Hardware, Robotics, SaaS, Semiconductors.
- Where is Lenovo Capital and Incubator Group (LCIG) located?
- Lenovo Capital and Incubator Group (LCIG) is headquartered in Beijing, CN.
- Does Lenovo Capital and Incubator Group (LCIG) lead rounds?
- Lenovo Capital and Incubator Group (LCIG) typically participates in rounds rather than leading them.
- Who does Lenovo Capital and Incubator Group (LCIG) co-invest with?
- Lenovo Capital and Incubator Group (LCIG) most often shares deals with Hundreds Capital, Monolith Venture Advisory Limited, NIO Capital, among 7 tracked co-investors.
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