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Lightspeed China Partners

Corporate Avenue 5, 150 Hubin Road, Huang Pu Unit 2905, Shanghai, 200020, China

Overview

Lightspeed China Partners is a leading Chinese venture capital firm focusing on early-stage investments. We are the Chinese partners to Lightspeed Venture Partners. Our expertise is in mobile, Internet, technology-enabled services, and enterprise solution companies. We currently manage three USD funds and one RMB fund. Lightspeed China Partners is also a young team. We value equality, respect and fairness. Our culture reflects our focus, drive for excellence, and our win-win approach to business. We are dedicated to identifying the next generation of entrepreneurial leaders. To accomplish this , we analyze trends, work with creative teams, and undertake joint efforts to pursue early-stage investments. We are honored to help entrepreneurs because your dream is the greatest thing in the world.

Total investments
21
Lead investments
7
Investments · 12mo
2
Active investors
9

Sector focus

  • Financial Services
  • Venture Capital
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Investment portfolio

  • Tianji Intelligence

    Participated · Series B · May 2026

    Tianji Intelligence has built a full-stack R&D and mass production system spanning core sensors, integrated joints, controllers and a product matrix handling loads from 3kg to 20kg. It is the first embodied intelligence company to develop its own MEMS joint torque sensors and deploy them in robot joints and has engineered a "one-drive-two" coordination architecture to synchronize two 7-axis force-control arms from a single motherboard. Tianji's Marvin force-control humanoid dual-arm has demonstrated latency as low as 5ms and an average error of 1.89mm in recent tests. Its lightweight integrated joint module, the Marvin M6S Lite, achieves a 62.5% load-to-weight ratio, weighing 8kg while handling a 5kg payload and offering an 8kHz torque closed loop with four-loop control. In the first four months of 2025 the company delivered over 2,000 force-control humanoid dual arms to more than 100 clients, became the largest shipper globally by volume for such systems, and reported backlog orders exceeding 10,000 units in Q1. Its customer base includes 45 global humanoid robot OEMs and other embodied intelligence unicorns, and the company aims to use scale and the new funding to expand R&D, production and global sales.

  • Cedarobo

    Participated · Equity · Mar 2026

    Cedarobo began independent operations in 2025 and focuses on R&D and mass production of embodied intelligent robots. The company has built a core team with experience from RoboSense, XPENG, Tencent AI Lab, DJI, Huawei, and other leading firms, and is led by CEO Cai Youfei, formerly VP of R&D at RoboSense and product director for XPENG's ecosystem, with a CTO who previously led technical work at Tencent AI Lab. Cedarobo says it has developed a multi-functional consumer robot powered by proprietary capabilities including an embodied intelligence large model, high-speed dynamic 3D perception, multimodal semantic analysis, intelligent control algorithms, high-power-density motors, a high-speed chassis, an eagle-eye perception system, and high-precision V-SLAM positioning. The company claims these systems give the robot 360-degree environmental awareness, long-range precision recognition, rapid response, and accurate movement. Financially, Cedarobo closed two rounds in quick succession — a 100 million yuan round in late 2025 and a subsequent round exceeding 100 million yuan — indicating strong investor interest and funding to advance its product and manufacturing plans.

  • Feynman Dynamics

    Participated · Series A · Feb 2024

    Feynman Power develops industrial‑grade electrocatalysts and membrane electrode assemblies (MEAs) focusing on proton exchange membrane (PEM) water electrolysis, CO2 electrolysis and fuel cell catalysts. Its activities include R&D, manufacturing, MEA integration, sales and related data analysis. The company reports multiple products have entered the core supply chains of leading energy firms in Europe and the U.S. Recently Feynman Power completed a Pre‑A+ financing round of over RMB100 million. The round was led by a well‑known industry VC with participation from Shuimu Tsinghua Alumni Seed Fund, Yuntai Capital, Hong Kong X and existing investor Tianchuang Capital. 费曼动力 is an electrocatalysis R&D company focused on proton exchange membrane (PEM)-based water electrolysis, CO2 electrolysis, and fuel-cell catalysts. The company conducts R&D, manufactures catalysts, integrates membrane electrode assemblies (MEAs), handles sales, and provides related data analysis. It announced completion of a pre‑A financing round exceeding ¥100 million. GL Ventures (高瓴创投) was the company’s first‑round investor and participated again in this round. The article lists several participating investors and existing shareholders but does not disclose revenue, users, valuation, or detailed use of proceeds.

  • Laiye

    Participated · Series C · Apr 2022

    Laiye builds a unified platform for automating office workflows, combining conversational AI and robotic process automation to handle tasks from answering calls to processing documents. The company was founded in 2015 and is headquartered in Beijing. Laiye reports that its consumer and SME products are already profitable, while its enterprise/Fortune 500 segment still requires substantial investment in product development and sales. It serves nearly 200 large corporate customers and works with global consultancies such as Deloitte and KPMG; its software is available on Microsoft Azure and Alibaba Cloud. The company claims a developer community of about 600,000 and currently generates roughly 20% of revenue outside China, with a goal to raise that to 50% by 2025 and to expand its international headcount similarly. Laiye has been hiring international executives to drive global expansion and picked Paris as a European base after acquiring chatbot provider Mindsay to accelerate language and product development. Laiye is a Beijing-based software company that develops robotic process automation (RPA) and chatbot products to mimic mundane workplace tasks like keyboard strokes and mouse clicks. Its RPA tools have been used to speed account reconciliation in Lanzhou by 75% and to automate national population census work in several southern Chinese cities. Laiye runs a free-to-use edition with over 400,000 developers and operates a bot marketplace connecting freelance developers with small businesses. The company said its RPA enterprise business achieved positive cash flow and its chatbot business turned profitable in the fourth quarter of 2020, and it has raised over $130 million to date. Laiye is led by Baidu veterans, employs about 400 staff globally with entities in China, Singapore and the U.S., and is expanding its footprint across Asia, the United States and Europe while hiring in Europe. Its stated plans include certifying at least one million software robot developers by 2025 and building the world’s largest bot marketplace within the next three years. Laiye builds an RPA platform called UiBot that automates routine enterprise tasks by mimicking human interactions and integrating AI capabilities such as NLP, OCR, computer vision, chatbots and machine learning. The company serves major tech firms and government agencies in China and counts Microsoft as an investor. UiBot is multilingual and has more than 200 partners and over 200,000 developers registered to use the platform. Laiye says it combines AI with human talent to scale automation projects and compete in a growing RPA market. The four-and-a-half-year-old startup has raised more than $100 million to date and will use new capital to hire global talent and expand its services and geographic reach. Laiye merged with Chinese RPA team Awesome Technology and launched UiBot in January as its RPA product offering. The company combines AI-enabled chatbots with RPA to let clients build bots with both “brains and hands.” Since UiBot’s launch it has collected about 300,000 downloads and 6,000 registered enterprise users. Corporate customers include Nike, Walmart, Wyeth, China Mobile and Ctrip. Laiye plans to use new funding to recruit R&D and sales talent, grow its AI capabilities beyond natural language processing, deep learning and reinforcement learning, and accelerate commercialization of its robotic solutions across industries.

  • Starfield

    Participated · Series B · Jan 2022

    Starfield develops plant‑based protein foods and meat alternatives, including its flagship Master Black Pepper Plant‑based Beef with a whole‑meat texture made from non‑GMO soybeans, zero cholesterol and no added nitrites or preservatives. The company’s product range and first self‑built factory capability cover hundreds of SKUs such as mince, sausage, meatball, meat pie, steak and ham. Starfield sells primarily via a B2B2C model and has partnered with over 100 brands and placed products in 14,000+ shops, including collaborations with Dicos, Luckin Coffee, FamilyMart and HeyTea and distribution in channels like FamilyMart, Lawson, 7‑11, ole and Fresh Hema. R&D is a core focus: Starfield says it is at a “Starfield 4.0 Technology” stage, is working with teams from Beijing University of Technology and Industry, Jiangnan University and Wageningen University, and has or is applying for nearly 30 patents. Future plans include further refining texture and flavour and launching marinated beef, whole chicken fillet and whole pork fillet, while expanding channels and brand presence. Starfield is a Shenzhen-based food tech that develops plant-based meat alternatives using seaweed protein. Its product lineup includes more than 20 plant-based meats, from burger patties to mince, and the company says it launches about four new products each month. Starfield operates its own R&D and works with a manufacturing and packing facility in Hongchang owned by its founding shareholders CP Group and Sunnong Development. The startup completed a US$10M Series A and plans to use proceeds to build a formula R&D laboratory in Shenzhen to support further product launches. It has forged partnerships with more than 20 foodservice chains and expects over 2,600 restaurant outlets to serve Starfield dishes by October. Beyond foodservice, Starfield plans co-branded retail product launches with supermarket chains and says it has longer-term global ambitions.

Team