Lanchi Ventures Fund IV

China
Seed
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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.

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

Key GPs & Partners

LV
Lanchi Ventures Team
General Partner
thesis-drivenpatient-capitalex-founder

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Fund Overview

Fund Size$560M
Saves0

Key People

Lanchi Ventures

Lanchi Ventures TeamGeneral Partner

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