Fund profile / China

Lanchi Ventures Fund IV

Geography: China
Stage: Seed
Fund size: $560M
Focus: AI/ML, Deep Tech and Robotics & Automation
Signals: Published

N°01 / About

About Lanchi Ventures Fund IV

Lanchi Ventures Fund IV is a $560M (RMB 3.9B) dual-currency fund targeting AI and deep tech startups founded by Chinese entrepreneurs. Silicon Valley-born firm investing in China since 2005, with 200+ portfolio companies and nearly RMB 20B total AUM.

N°02 / Thesis

Investment Focus

Location / RegionChina

Funding StageSeed

Industry Focus

AI/ML

Deep Tech

Robotics & Automation

Investor Signals Profile

active

Sweet Spot

Chinese entrepreneur building globally competitive AI or deep tech company, any domicile

chinese-founder-dna

ai-deep-tech

dual-currency

policy-aligned

robotics-autonomous

Bullish Signals

$560M Fund IV just closed; fresh capital actively deploying in AI deep techblog

Dual-currency structure enables RMB and USD deals others cannot accessblog

20+ year track record across every major China market crisisblog

Contrarian Signals

Specific GPs unnamed; team transparency is limitedblog

$560M early-stage capital risks slow deployment in compressed marketblog

Regulatory and geopolitical risk remains structurally unresolvedblog

Founder Do's

Highlight global ambitions if pitching for USD vehicle

Align with China industrial policy priorities for RMB vehicle

Emphasize Chinese founder identity regardless of company domicile

Demonstrate fit in AI, robotics, chips, or advanced manufacturing

Leverage dual-currency flexibility based on your corporate structure

Founder Don'ts

Pitch consumer internet or non-deep-tech plays

Ignore geopolitical and regulatory risk mitigation in your narrative

Assume geography alone qualifies you — founder DNA matters more

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Facts

Fund Overview

Fund Size$560M

Saves0

Website

People

Key People

Lanchi Ventures

Lanchi Ventures TeamGeneral Partner

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