# Lightspeed China Partners: portfolio, investments and team > Lightspeed China Partners is a vc firm based in China. 26 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/lightspeed-china-partners (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # Lightspeed China Partners Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $123M, Dec 2018 VC firm Growth Seed Series A BioTech Biopharma Entertainment & Media Follow Lightspeed China Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Flightspeed-china-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 26 on record Since the last cheque **2745** days **00** hrs **00** min **00** sec Median round **$24M** Cheque size, as they say **$500K – $50M** Rounds led **1 of 26** Sole investor **4 rounds** Mostly in **China, 92%** Pitch Lightspeed China Partners ## Lightspeed China Partners highlights - 01 26 rounds on record - 02 Mostly Series A and Series B: 73% of its rounds - 03 Sole investor in 4 rounds, median $8.5M ## What they do > This website has changed. You will be automatically redirected to a new website momentarily. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $500K – $50M as they say - **Stages:** Growth Seed Series A Series B - **Sectors:** BioTech Biopharma Entertainment & Media - **Based in:** Shanghai, China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **26 appearances** - **2019** 1 round - **Apr** **[91duobaoyu.com](https://millionrounds.com/company/91duobaoyu-com)** Series A · CN · Voice **$10M** *Led* - **2018** 1 round - **Dec** **[Lexing Technology](https://millionrounds.com/company/lexing-technology)** Series A · CN · China Money Network **$16M** With 3 others - **2017** 2 rounds - **Dec** **[51HiTech](https://millionrounds.com/company/51hitech)** Series B · CN · China Money Network **$32M** With 6 others - **Jun** **[QingCloud](https://millionrounds.com/company/qingcloud)** Series D · CN · DealStreetAsia **$160M** With 4 others - **2015** 7 rounds - **Sept** **[laiye](https://millionrounds.com/company/laiye)** Seed · CN **$4.0M** With 2 others - **Aug** **[Haochushi](https://millionrounds.com/company/haochushi)** Series B · CN **$16M** With 1 other - **Jul** **[Xingren Doctor](https://millionrounds.com/company/xingren-doctor)** Series B · CN **$32M** With 2 others - **Jul** **[51wofang](https://millionrounds.com/company/51wofang)** Series A **$5.0M** Sole investor - **May** **[eDaijia](https://millionrounds.com/company/edaijia)** Series D · CN **$100M** With 3 others - **Apr** **[PPDai](https://millionrounds.com/company/ppdai)** Series C · CN **Undisclosed** With 4 others - **Feb** **[Yikuaixiu.com](https://millionrounds.com/company/yikuaixiu-com)** Series A · CN **$12M** Sole investor - **2014** 9 rounds - **Dec** **[Lulutrip](https://millionrounds.com/company/lulutrip)** Series A · US **Undisclosed** Sole investor - **Oct** **[Melotic](https://millionrounds.com/company/melotic)** Seed · HK **$1.2M** With 4 others - **Sept** **[Innolight](https://millionrounds.com/company/innolight)** Series C · CN **$38M** With 1 other - **Sept** **[uuzuche.com](https://millionrounds.com/company/uuzuche-com)** Series A · CN **$10M** With 3 others - **Jul** **[FXTrip](https://millionrounds.com/company/fxtrip)** Series B · CN **$80M** With 1 other - **Jul** **[FangDD.com](https://millionrounds.com/company/fangdd-com)** Series B · CN **$80M** With 1 other - **Apr** **[Kanchufang](https://millionrounds.com/company/kanchufang)** Venture · CN **Undisclosed** Sole investor - **Apr** **[PPDai](https://millionrounds.com/company/ppdai)** Series B · CN **$10M** With 2 others - **Jan** **[QingCloud](https://millionrounds.com/company/qingcloud)** Series B · CN **$20M** With 1 other - **2013** 3 rounds - **Nov** **[BTCC](https://millionrounds.com/company/btcc)** Series A · CN **$5.0M** With 4 others - **Nov** **[BTC China](https://millionrounds.com/company/btc-china)** Series A · CN · techcrunch.com **$5.0M** With 1 other - **Feb** **[Tujia](https://millionrounds.com/company/tujia)** Series B · CN **$40M** With 4 others - **2012** 3 rounds - **Jun** **[Meilele](https://millionrounds.com/company/meilele)** Series B · CN · finance.yahoo.com **$40M** With 5 others - **May** **[Tujia](https://millionrounds.com/company/tujia)** Series A · CN **$15M** With 2 others - **May** **[Rong360](https://millionrounds.com/company/rong360)** Series A · CN · technode.com **$10M** With 5 others 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 Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** JQ **James Qun Mi** Director of General Partner i Filing they signed RC **Ronald Cao** Director of General Partner i Filing they signed YQ **Yan Qun Han** Director of General Partner i Filing they signed We also hold **27** 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. New fund on file **$123M** raised in Dec 2018 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Seed Series A Median round joined **$24M** the round, not its cheque Alone, median **$8.5M** Led 1 of 26 rounds **4%** - **Said size:** $500K – $50M - **Sole investor:** 4 rounds - **Last cheque:** Apr 2019 Rounds by stage said on their site - Series A said *10* - Series B said *9* - Seed said *2* - Series C *2* - Series D *2* - Venture *1* - Growth said *-* Cheques by year Led Joined 2012 2019 Often in the room with - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 4 - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 4 - [CDH Investments](https://millionrounds.com/fund/cdh-investments) 2 - [K2 Ventures](https://millionrounds.com/fund/k2-ventures) 2 - [Vision Knight Capital](https://millionrounds.com/fund/vision-knight-capital) 2 - [ZhenFund](https://millionrounds.com/fund/zhenfund) 2 **Pitching Lightspeed China Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Lightspeed China Partners. A count of rooms they were both in, not a relationship either has claimed. [**Lightspeed Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Sequoia Capital** VC firm **4** rounds together](https://millionrounds.com/fund/sequoia-capital)[**CDH Investments** Private equity **2** rounds together](https://millionrounds.com/fund/cdh-investments)[**K2 Ventures** Investment bank **2** rounds together](https://millionrounds.com/fund/k2-ventures)[**Vision Knight Capital** VC firm **2** rounds together](https://millionrounds.com/fund/vision-knight-capital)[**ZhenFund** VC firm **2** rounds together](https://millionrounds.com/fund/zhenfund) ## Recently backed The latest companies Lightspeed China Partners put money into. [**QingCloud** $160M · Jun 2017](https://millionrounds.com/company/qingcloud) ## Quick answers about Lightspeed China Partners ### What does Lightspeed China Partners invest in? Lightspeed China Partners invests most often at Series A and Series B (73% of the rounds on record), in sectors such as BioTech, Biopharma and Entertainment & Media. ### How active is Lightspeed China Partners? 26 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2019. ### What has Lightspeed China Partners invested in recently? Its most recent investments on record: 91duobaoyu.com (Series A, Apr 2019), Lexing Technology (Series A, Dec 2018) and 51HiTech (Series B, Dec 2017). ### How big are Lightspeed China Partners's cheques? The median round it joins is $24M. It says it writes cheques of $500K to $50M. ### Does Lightspeed China Partners lead rounds? Sometimes: it led 1 of its 26 investments on record (4%). ### Where does Lightspeed China Partners invest? Most of the companies it backs are in China (92%). ### Is Lightspeed China Partners investing now? No investments in the last 12 months; the latest was in Apr 2019. ### Who does Lightspeed China Partners invest alongside? Most often Lightspeed Venture Partners (4 rounds together), Sequoia Capital (4 rounds together) and CDH Investments (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=lightspeed-china-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=lightspeed-china-partners)