光合
Visit website光合创投 (Luminous Ventures)
Luminous Ventures
VC
Investment focus
Early-stage and emerging-growth technology investor focused on China, backing founders in AI, deep/hard tech, green tech, enterprise software, semiconductors, robotics and med tech; positions itself as patient capital and an ecosystem co-builder rather than just a capital provider. Formerly operated as Lightspeed China Partners; rebranded to Luminous Ventures in October 2025.
Founded2011
HQ上海
Stages早期 · 天使 · A轮 · 成长期
Total deals292
Sectors
消费升级汽车交通医疗健康智能制造人工智能企业服务新能源半导体新材料物联网云计算硬件物流
Notable portfolio
拼多多 (Pinduoduo)美团 (Meituan)中际旭创 (Innolight)禾赛科技 (Hesai)宇树科技 (Unitree)智谱 (Zhipu AI)沐曦股份 (MetaX)Boss直聘 (Kanzhun)
Recent activity (2025–26)
- 沐曦股份 (MetaX GPU chips) — IPO on STAR Market Dec 2025
- 智谱 (Zhipu AI large models) — Hong Kong IPO Jan 2026
- Closed new funds ~US$460M + ¥2B RMB (>¥5B total), April 2026

