Lightspeed China Partners Closes Two Funds Totalling $560M

Funding Rounds

Summary

Led by Founding Partners Herry Han and James Mi, Lightspeed China Partners is a venture capital firm focused on Series A and Series B investments in consumer Internet, Internet+ and enterprise/deep tech in China.Its enterprise and deep tech investments span autonomous vehicles, AI, IoT, SaaS, enterprise marketplaces, semiconductors, and optical communications.Over the past 10 years, the Lightspeed China team has backed Meituan Dianping, Full Truck Alliance, Tujia and Fangdd, among others.In addition to the publicly traded companies, LCP has backed many innovative industry leaders across multiple sectors, including Black Fish, Fan Deng Reading Club, Fangdd, Full Truck Alliance, Hesai, Ifchange, QingCloud, Sunmi, Sweetome, Tencent Trusted Doctors, Tujia, Xiao Peng Auto, and XY Link.LCP also offers international capabilities through its relationship with Lightspeed Venture Partners, a global venture capital firm managing over $6 billion of committed capital.

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Amount $560.0M Total raised
Date January 3, 2019 Announcement date
Investors Lightspeed China Partners Lead investors
Company - Funded company

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