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    Lightspeed China Partners

    Shanghai, ChinaFounded 2011

    Lightspeed China Partners is a China-focused venture capital firm that primarily serves as a lead investor in early-stage and emerging growth companies. Their investment strategy targets sectors including climate tech (greentech), deep tech, AI, health tech, enterprise technology, and consumer, with a commitment to supporting China's innovation and sustainable development.

    Their most common stage is series-a (40% of deals). Average disclosed round size is $436.0M (across 5 rounds with reported amounts).

    Find people at Lightspeed China Partners on Goldilocks AI

    Portfolio

    5

    Fund Size

    $3B

    Top Stage

    Series A

    Last 12 Mo

    0

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    5 investments
    CompanyRoundAmountDate
    WWillingSeries A$14.8MJul 2022
    Laiye logoLaiyeSeries C$160MApr 2022
    Hesai logoHesaiSeries D$300MJun 2021
    MManbangGrowth$1.7BNov 2020
    BBTC ChinaSeries A$5MNov 2013

    Top Co-Investors

    Sky9 Capital1 shared
    Yunqi Partners1 shared
    GL Ventures1 shared
    Xiaomi1 shared
    Meituan1 shared
    CPE1 shared
    VMS Group1 shared
    GGV Capital1 shared
    Permira1 shared

    Last updated: 8 March 2026