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IDG Capital

Asia, Beijing, China, Beijing

Description

IDG Capital, established in 1993, stands as a pioneering investment firm, notably being among the first foreign-backed venture capital entities to establish a presence in China. Headquartered in Beijing, the firm has evolved into a global powerhouse, renowned for its extensive investment activities across various stages, from early-stage startups to growth and pre-IPO companies. Its strategic focus spans a diverse array of sectors, including technology, media, and telecommunications (TMT), consumer goods and services, healthcare, advanced manufacturing, and new energy.

With a formidable track record, IDG Capital manages a significant portfolio, overseeing more than $30 billion in assets under management. This substantial capital base enables the firm to deploy considerable resources across its target markets. Over its decades of operation, IDG Capital has demonstrated a remarkable ability to identify and nurture promising ventures, having invested in over 1,000 companies globally. Its influence is particularly pronounced in the Chinese technology landscape, where it has backed numerous industry giants.

The firm's investment philosophy is characterized by a long-term perspective and a hands-on approach, providing not just capital but also strategic guidance and operational support to its portfolio companies. This comprehensive engagement has contributed to a strong record of successful exits, including over 200 initial public offerings (IPOs) and more than 100 merger and acquisition (M&A) deals. IDG Capital's typical first cheque size can range significantly, reflecting its multi-stage investment strategy, generally falling between $1 million for early-stage opportunities and up to $100 million for more mature, growth-stage companies seeking substantial capital injections. Their commitment to fostering innovation and market leadership has solidified their reputation as a pivotal player in the global venture capital ecosystem.

Investor Profile

IDG Capital has backed more than 352 startups, with 20 new investments in the last 12 months alone. The firm has led 93 rounds, about 26% of its total and boasts 164 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in China, United States, India.
  • Strong thematic focus on Software, Internet, E-Commerce.
  • Led 8 rounds in the past year.
  • Typical check size: $1M – $100M.

Stage Focus

  • Series B (28%)
  • Series A (27%)
  • Series C (12%)
  • Seed (11%)
  • Series D (6%)
  • Angel (4%)
  • Series Unknown (4%)
  • Series E (2%)
  • Initial Coin Offering (1%)
  • Post Ipo Equity (1%)

Country Focus

  • China (58%)
  • United States (23%)
  • India (4%)
  • Singapore (4%)
  • Hong Kong (3%)
  • United Kingdom (1%)
  • South Korea (1%)
  • Ireland (1%)
  • France (1%)
  • Philippines (1%)

Industry Focus

  • Software
  • Internet
  • E-commerce
  • Manufacturing
  • Blockchain
  • Mobile
  • Artificial Intelligence (Ai)
  • Information Technology
  • Financial Services
  • Cryptocurrency
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does IDG Capital frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 15
ZhenFund
Asia, Beijing, China, Beijing
Co-Investments: 19
GSR Ventures
North America, California, United States, Menlo Park
Co-Investments: 29
Matrix Partners China
Asia, Beijing, China, Beijing
Co-Investments: 16
5Y Capital
Asia, Shanghai, China, Xuhui
Co-Investments: 14
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 30
Accel
North America, California, United States, Palo Alto
Co-Investments: 17
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 21
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 13
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 31

Which angels does IDG Capital often collaborate with?

RL
North America, California, United States, San Francisco
Shared Deals: 2
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 2
PG
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
Binny Bansal
Asia, Karnataka, India, Bengaluru
Shared Deals: 2
MT
North America, Tennessee, United States, Brentwood
Shared Deals: 1
MG
North America, California, United States, San Francisco
Shared Deals: 1
KH
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1
ST
North America, California, United States, San Francisco
Shared Deals: 1
IH
Europe, England, United Kingdom, London
Shared Deals: 1
GC
Europe, Jersey
Shared Deals: 1

What are some of recent deals done by IDG Capital?

Sunrise

Hangzhou, Zhejiang, China

Sunrise is a metering solution provider that offers smart charging opertaions, water meter, and AMI solutions.

Charging InfrastructureElectrical DistributionEnergy ManagementManufacturing
Series UnknownJan 22, 2026
Amount Raised: $430,193,874
PhotonPay

Causeway Bay, Hong Kong Island, Hong Kong

PhotonPay is a digital financial infrastructure provider offering global payment solutions to businesses.

Financial ServicesFinTechPayments
Series BJan 9, 2026

Moji Robotics provides services in sales, live broadcasting, consultancy, entertainment, security, and home companionship.

Artificial Intelligence (AI)ConsultingRoboticsSecurity
SeedJan 7, 2026
BrainCo

Somerville, Massachusetts, United States

BrainCo develops brain-computer interface technologies for wellness and education applications.

BiotechnologyEducationElectronicsHardwareNeuroscience
Series UnknownJan 6, 2026
Amount Raised: $286,418,056
Dongsheng Fusion

Yangpu, Hainan, China

Dongsheng Fusion is a magnetic confinement fusion technology company that develops miniaturized fusion power plant technology.

Industrial ManufacturingManufacturing
AngelJan 6, 2026
Moonshot AI

Haidian, Beijing, China

Moonshot AI seeks solutions in transforming energy into intelligence and generating intelligence with users through its product offerings.

Artificial Intelligence (AI)Generative AIMachine LearningSoftware
Series CDec 31, 2025
Amount Raised: $500,000,000
Haimai Medical

Suzhou, Jiangsu, China

Haimai Medical is a platform for tissue engineering and regenerative medicine technology.

MedicalTherapeutics
Series ADec 29, 2025
Amount Raised: $14,273,684
Infinite Valley

Chongqing, Heilongjiang, China

Infinite Valley is an AI companion product, currently focusing on AI boyfriend companionship.

Artificial Intelligence (AI)Business DevelopmentBusiness Intelligence
SeedDec 17, 2025
Amount Raised: $10,000,000
D3 Bio

Wuxi Shi, Jiangsu, China

D3 Bio is a biotechnology company focusing on the development and registration of medicines.

BiotechnologyLife SciencePharmaceutical
Series BDec 9, 2025
Amount Raised: $108,000,000

Xingi Tech is a modern manufacturer specializing in the production, and sales of ultra-high molecular weight polyethylene (UHMWPE) fiber.

Advanced MaterialsChemicalIndustrial Manufacturing
Series UnknownDec 4, 2025
Amount Raised: $141,448,718

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