Lenovo Capital and Incubator Group is Lenovo's corporate venture arm and technology industry fund, investing in early-stage IT and smart ecosystem companies, with observed later-stage venture participation in the United Kingdom. It targets areas including AI and machine learning, IoT, cloud, big data, computing hardware and infrastructure, and has incubated Lenovo Enterprise Cloud and Lenovo Smart Healthcare. Based in Beijing, China, and Morrisville, North Carolina, it is most relevant for founders building strategic technologies aligned with Lenovo's hardware, computing and enterprise technology ecosystem.