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Lenovo Capital and Incubator Group (LCIG)

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 151
Average round size
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The average size of a deal this fund participated in
$22M
Portfolio companies 120
Rounds per year 18.88
Lead investments 13
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.19
Exits 3
Key employees Soon

Areas of investment

  • Artificial Intelligence
  • Software
  • Robotics
  • Manufacturing
  • Semiconductor
Summary

The main office of represented VC is situated in the Beijing. The company was established in Asia in China.

The average startup value when the investment from Lenovo Capital and Incubator Group (LCIG) is more than 1 billion dollars. Deals in the range of 50 - 100 millions dollars are the general things for fund. Comparing to the other companies, this Lenovo Capital and Incubator Group (LCIG) performs on 23 percentage points less the average number of lead investments. The top activity for fund was in 2017. Despite it in 2019 the fund had an activity. The real fund results show that this VC is 27 percentage points more often commits exit comparing to other companies. The fund is generally included in 2-6 deals every year. The increased amount of exits for fund were in 2018.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Software, Flash Storage. Among the most popular portfolio startups of the fund, we may highlight NIO, Cambricon, MissFresh E-Commerce. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Lenovo Capital and Incubator Group (LCIG), startups are often financed by ZhenFund, Tencent Holdings, Shunwei Capital. The meaningful sponsors for the fund in investment in the same round are Matrix Partners China, Baidu Ventures, Yonghua Capital. In the next rounds fund is usually obtained by Unilever Ventures, Tiger Global Management, Tencent Holdings.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Lenovo Capital and Incubator Group (LCIG):
Typical Co-investors
Lenovo Capital and Incubator Group (LCIG) is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Lenovo Capital and Incubator Group (LCIG):

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Zhongke Huiling

20 Mar 2024 Haidian, Beijing, China

Direct Drive Technology

Electronics
Industrial Automation
Manufacturing
Robotics
$15M14 Mar 2024 Dongguang, Guangdong, China

Zhiqian

$15M28 Feb 2024 Changping, Beijing, China

Zhonghe Gene

22 Feb 2024 Guangdong, Tianjin, China

BMSer Technoogy

Energy
Manufacturing
02 Feb 2024 Shangcheng District, Zhejiang, China

Robot era

Electronics
Manufacturing
Robotics
$15M10 Jan 2024 Haidian, Beijing, China

Shenmagnetic Technology

Advanced Materials
Manufacturing
Service Industry
$15M05 Jan 2024 Minhang, Shanghai, China

Lanxin Computing

Application Specific Integrated Circuit (ASIC)
Electronic Design Automation (EDA)
27 Dec 2023 Shenzhen, Guangdong, China

Cornris Biotech

Biopharma
Medical
Pharmaceutical
11 Dec 2023 Nanjing, Jiangsu, China

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Total investments 151
Average round size 22M
Rounds per year 18.88
Peak activity year 2020
Lead investments 13
Follow on index 0.19
Exits 3
Group Appearance index 0.83

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Zhongke Huiling

20 Mar 2024 Haidian, Beijing, China

Direct Drive Technology

Electronics
Industrial Automation
Manufacturing
Robotics
$15M14 Mar 2024 Dongguang, Guangdong, China

Zhiqian

$15M28 Feb 2024 Changping, Beijing, China

Zhonghe Gene

22 Feb 2024 Guangdong, Tianjin, China

BMSer Technoogy

Energy
Manufacturing
02 Feb 2024 Shangcheng District, Zhejiang, China

Robot era

Electronics
Manufacturing
Robotics
$15M10 Jan 2024 Haidian, Beijing, China

Shenmagnetic Technology

Advanced Materials
Manufacturing
Service Industry
$15M05 Jan 2024 Minhang, Shanghai, China

Lanxin Computing

Application Specific Integrated Circuit (ASIC)
Electronic Design Automation (EDA)
27 Dec 2023 Shenzhen, Guangdong, China

Cornris Biotech

Biopharma
Medical
Pharmaceutical
11 Dec 2023 Nanjing, Jiangsu, China
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