# Lenovo: portfolio, investments and team

> Lenovo is a growth equity based in China. 13 investments on record, 2 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/lenovo (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# Lenovo

Last cheque observed Oct 2026; 13 cheques on record.

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Growth equity Deploying now

Series C Series A Series B Computer Electronics Hardware

Follow Lenovo and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Flenovo)

Deploying now

**100%** of best year **2** **cheques in 12 months**, 13 on record

Since the last cheque **24** days **00** hrs **00** min **00** sec

Median round **$41M** Rounds led **0 of 13** Sole investor **2 rounds** Mostly in **China, 50%**

Pitch Lenovo

## Lenovo highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series C and Series A: 63% of its rounds
- 03 Sole investor in 2 rounds, median $22M

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Computer Electronics Hardware
- **Based in:** China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **13 appearances**

- **2026** 2 rounds
- **Oct** **[Infinigence AI](https://millionrounds.com/company/infinigence-ai)** Series C · CN · TechNode **$344M** With 5 others
- **Mar** **[Nscale](https://millionrounds.com/company/nscale)** Series C · GB · 8090 Industries **$2.0B** With 14 others
- **2024** 1 round
- **Jul** **[Nearby Computing](https://millionrounds.com/company/nearby-computing)** Series A · Firms' own news pages **$7.1M** With 6 others
- **2019** 2 rounds
- **Feb** **[Vincross](https://millionrounds.com/company/vincross)** CN · VentureBeat **$10M** Sole investor
- **Jan** **[Serica Integrate Circuits](https://millionrounds.com/company/serica-integrate-circuits)** CN · China Money Network **$10M** With 3 others
- **2018** 1 round
- **Oct** **[Scale Computing](https://millionrounds.com/company/scale-computing)** Series F · US · FinSMEs **$35M** Sole investor
- **2017** 2 rounds
- **Nov** **[Phoenix Travel](https://millionrounds.com/company/phoenix-travel)** CN · China Money Network **$105M** With 5 others
- **Mar** **[NIO](https://millionrounds.com/company/nio)** CN · China Money Network **$86M** With 5 others
- **2016** 1 round
- **Oct** **[Cloudian](https://millionrounds.com/company/cloudian)** US · FinSMEs **$41M** With 2 others
- **2015** 1 round
- **Aug** **[Nok Nok Labs](https://millionrounds.com/company/nok-nok-labs)** Series C · US **$16M** With 7 others
- **2014** 1 round
- **Dec** **[CloudMosa](https://millionrounds.com/company/cloudmosa)** Series A · US **$22M** With 3 others
- **2013** 1 round
- **Dec** **[Skyroam](https://millionrounds.com/company/skyroam)** Series B · US **$5.0M** With 3 others
- **2009** 1 round
- **Aug** **[Beijing NetentSec](https://millionrounds.com/company/beijing-netentsec)** Series B · CN · zero2ipo.com.cn **$3.0M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **44** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Companies it bought

Acquisitions by the firm itself

**Motorola Mobility** **$2.9B** Jan 2014

**Stoneware** **Undisclosed** Sept 2012

**Medion** **Undisclosed** May 2011

**Lenovo Mobile Communication Technology** **$200M** Nov 2009

**IBM Personal Computing Division** **$1.8B** Dec 2004

## The cheque

Series C Series A Series B

Median round joined **$41M** the round, not its cheque Alone, median **$22M**

Led 0 of 13 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series C *3*
- Series A *2*
- Series B *2*
- Series F *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Baidu](https://millionrounds.com/fund/baidu) 2
- [GIC](https://millionrounds.com/fund/gic) 2
- [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) 2

**Pitching Lenovo?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Lenovo. A count of rooms they were both in, not a relationship either has claimed.

[**Baidu** Investment firm **2** rounds together](https://millionrounds.com/fund/baidu)[**GIC** Private equity **2** rounds together](https://millionrounds.com/fund/gic)[**Tengxun Touzi** VC firm **2** rounds together](https://millionrounds.com/fund/tengxun-touzi)

## Recently backed

The latest companies Lenovo put money into.

[**Infinigence AI** $344M · Oct 2026](https://millionrounds.com/company/infinigence-ai)[**Nearby Computing** $7.1M · Jul 2024](https://millionrounds.com/company/nearby-computing)[**Vincross** $10M · Feb 2019](https://millionrounds.com/company/vincross)[**NIO** $86M · Mar 2017](https://millionrounds.com/company/nio)[**Cloudian** $41M · Oct 2016](https://millionrounds.com/company/cloudian)

## Quick answers about Lenovo

### What does Lenovo invest in?

Lenovo invests most often at Series C and Series A (63% of the rounds on record), in sectors such as Computer, Electronics and Hardware.

### How active is Lenovo?

13 investments on record, 2 of them in the last 12 months. The most recent was in Oct 2026.

### What has Lenovo invested in recently?

Its most recent investments on record: Infinigence AI (Series C, Oct 2026), Nscale (Series C, Mar 2026) and Nearby Computing (Series A, Jul 2024).

### How big are Lenovo's cheques?

The median round it joins is $41M.

### Does Lenovo lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

### Where does Lenovo invest?

Most of the companies it backs are in China (50%), the United States (42%) and the United Kingdom (8%).

### Is Lenovo investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Lenovo invest alongside?

Most often Baidu (2 rounds together), GIC (2 rounds together) and Tengxun Touzi (2 rounds together).

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