Zhiqiang He, also known as George, has been Lenovo Capital and Incubator Group’s president since the unit – the corporate venturing offshoot of the China-based electronics manufacturer Lenovo – was launched in 2016.
Lenovo Capital is part of its parent firm’s “investment cluster” concept consisting of four venture subsidiaries: Lenovo Capital and Incubator Group (LCIG), venture focused Legend Star and Legend Capital, and private equity firm Hony Capital.
Lenovo Capital supplies startups a variety of resources, including access to a global R&D structure with approximately 10,000 engineers, supply chain management, help with administrative support functions and customer procurement.
Lenovo has also created the Lenovo Accelerator at Hong Kong Cyberport to serve global technology entrepreneurs in the early stages, and focuses on core technology and technology, media and telecoms. It targets startups specialising in core technologies.
LCIG is the most recently created of the four subsidiaries. It was set up to invest in core technology and internet-related areas globally as well as to pull together a number of the parent company’s existing investments and internal startups.
LCIG’s most recent investments include a role in the $1.5m series A round for Commatech, a developer of industrial wearable devices, and participation in the $15m series A round for Hangzhou Xingyun Digital Technology, a software-as-a-service platform for digital marketing.
Zhiqiang He has held a number of roles across the Lenovo group. He holds a bachelor’s degree in computer communication from Beijing University of Posts and Telecommunications as well as a master’s degree in computer engineering from the Institute of Computing Technology of the Chinese Academy of Sciences.
