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Guantao Law Firm advises Lenovo Capital & Incubator Group invest Syneron Tech in the Pre-A round

Lenovo Capital and Incubator Group (LCIG) is Lenovo’s global technology industry fund focused on creating a smart ecosystem through strategic investments, including IoT, edge computing, big data, cloud, artificial intelligence (AI), and smart vertical solutions. LCIG focuses on early-stage IT venture capital while also internally incubating 10 subsidiaries and business, including Lenovo Enterprise Cloud and Lenovo Smart Healthcare. To date, Lenovo has invested in more than 100 companies, and of them 1/10th have become unicorn companies, such as Cambricon, Face++, and NIO.

Founded in April 2022, Syneron Tech was venture-built by Sinovation Ventures and successively received the seed funding and angel round financing from three funds under Sinovation Ventures. Syneron Tech is dedicated to using AI to empower and accelerate the R&D of synthetic peptide drugs and building a leading R&D platform of AI and synthetic peptide drugs. It allows AI to empower the whole industry chain from the design, selection, synthesis, and expression to the optimization of synthetic peptide drugs, which has been used in the R&D of several first in class pipelines. 

Syneron Tech completed its Series Pre-A financing in March 2023, which was led by Lenovo Capital & Incubator Group and GREE Industrial Investment with tens of millions of US dollars. Attorney ZHENG Zhifan, partner of Guantao Law Firm, attorney CAI Wei and attorney LI Jian advised Lenovo Capital & Incubator Group on the investment. Their excellent and efficient service was highly recognized by the client.