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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.
Average disclosed round size is $126.7M (across 14 rounds with reported amounts).
Portfolio
18
Fund Size
$730M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
19 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Earendil | Unknown | $787M | Jan 2026 |
 Hypershell | Series B | $50M | Nov 2024 |
 Willing | Series A | $14.8M | Jul 2022 |
 Laiye Technology | Series C | $160M | Apr 2022 |
 Hesai Technology | Series D | $300M | Jun 2021 |
 Molecule One | Seed | $4.6M | Jun 2021 |
 Treos Bio Limited | Series A | $14M | Mar 2021 |
 Magdrive | Seed | $1.9M | Dec 2020 |
 Climax Foods | Seed | $7.5M | Sep 2020 |
| TTemporall | Seed | — | Jun 2020 |
| PPhenomic AI | Seed | $6M | Jan 2020 |
| BBTC China | Series A | $5M | Nov 2013 |
 Synthace | Series B | $25.6M | — |
 NovaFusionX | Unknown | — | — |
| IInverse Matrix | Seed | $100M | — |
| SShengshu | Unknown | $297M | — |
| MMAGDRIVE LTD | Seed | — | — |
| EEllipsis Health, Inc. | Series A | — | — |
| PPhenomic AI | Pre-Seed | — | — |
Top Co-Investors
Lightspeed Venture Partners3 shared
7percent Ventures2 shared
Founders Fund2 shared
5Y Capital2 shared
Ant Group2 shared
Granite Asia2 shared
Viva BioInnovator2 shared
AV8 Ventures2 shared
Entrepreneurs First1 shared
Leaps by Bayer1 shared
Altos Ventures Management, Inc.1 shared
NVentures1 shared
AME Cloud Ventures1 shared
Cherubic Ventures1 shared
GL Ventures1 shared
CPE1 shared
Qiming Venture Partners USA1 shared
Nexus Venture Partners1 shared
Meituan1 shared
Xiaomi1 shared
Last updated: 8 September 2026