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Luminous Ventures (formerly Lightspeed China Partners) is a China-focused early-stage venture capital firm founded in 2011. It spun out from Lightspeed Venture Partners and manages approximately $3B+ in assets, investing in deep tech, AI, robotics, enterprise software, healthcare, and consumer technology.
They made 2 investments in the last 12 months. Average disclosed round size is $153.8M (across 44 rounds with reported amounts).
Portfolio
56
Fund Size
$730M
Top Stage
Seed
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
69 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Shenhai Zhiren | Series A | — | Aug 2026 |
 AEROFUGIA | Series C | $288M | Feb 2026 |
| IInverse Matrix | Seed | $100M | Jan 2026 |
 Earendil | Unknown | $787M | Jan 2026 |
| EEarendil Labs | Unknown | $787M | Jan 2026 |
| TTianJi | Series B | $147M | Jan 2026 |
 Hypershell | Series B | $50M | Nov 2024 |
 Newrizon | Series B | — | Jan 2023 |
 Willing | Series A | $14.8M | Jul 2022 |
 Ballet | Series A | $13M | Jun 2022 |
 Laiye Technology | Series C | $160M | Apr 2022 |
| SStepOne | Unknown | — | Sep 2021 |
 MetaX | Series A | $154M | Aug 2021 |
 Linkedcare | Series D | $100M | Jun 2021 |
| HHesai | Series D | $300M | Jun 2021 |
 Molecule One | Seed | $4.6M | Jun 2021 |
 Lanhu | Unknown | $46.1M | Apr 2021 |
 StoneWise | Series B | — | Apr 2021 |
 Treos Bio Limited | Series A | $14M | Mar 2021 |
| Newrizon | Series A | $10M | Jan 2021 |
 ePropulsion | Series B | — | Jan 2021 |
 Tangfeng Energy | Series B | — | Jan 2021 |
 Neural Galaxy | Series A | $77M | Jan 2021 |
 Bluepha | Series B | — | Jan 2021 |
 Southchip | Series D | — | Jan 2021 |
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Top Co-Investors
Lightspeed Venture Partners16 shared
Sky9 Capital12 shared
MPC10 shared
HongShan10 shared
GGV Capital8 shared
GL Ventures6 shared
Sequoia Capital6 shared
IDG Capital6 shared
5Y Capital5 shared
Ant Group5 shared
FreeS Fund5 shared
Hillhouse Investment4 shared
GSR Ventures4 shared
3E Bioventures Capital3 shared
Granite Asia3 shared
Northern Light Venture Capital3 shared
Legend Capital3 shared
7percent Ventures2 shared
Founders Fund2 shared
S2G Ventures2 shared
Last updated: 20 October 2026