The CID Group, established in 1998, is a private equity and venture capital firm based in Taipei, Taiwan, with additional offices in major Chinese cities and San Francisco, U.S. The firm specializes in early and late-stage investments, focusing on technology, healthcare, and consumer sectors across Taiwan, China, Korea, Hong Kong, and the U.S. It considers minority and majority stakes, and co-investment opportunities with other funds.
1701-02, 17/F, Five Corporate Avenue, No. 150 Hubin Road, Shanghai 200021, China
2404, 24/F, Hong Kong New World Tower, 300 HuaiHai Rd Central, Huang Pu District, Shanghai, 200021, China
Hubert Chang
Partner
Charles Chang
Senior Partner and Co-Founder
Steven Chang
Co-Founder, Managing Partner and CEO
Vincent Hou
Partner
Jason Hsieh
Partner
James Liang
Partner
Han Fei Lin
Partner
Lisa Lo
Partner
Rachel Sang
Partner
Jack Tsai
Partner
James Yang
Partner
David Yang JD
Partner and Co-Head, US Operations
Jerry Yang
Partner
Past deals in Taiwan
91APP
Series A in 2015
91App is a software as a service company based in Taipei, Taiwan, that specializes in developing customized applications for small merchants. Founded in 2012, the company provides advanced omnichannel commerce solutions, including branded shopping apps and websites tailored for retailers. Its platform supports merchants in the Direct-to-Consumer (D2C) e-commerce market by offering comprehensive shopping cart and marketing solutions. By enabling retail brands to optimize their operations, 91App facilitates a seamless integration of online and offline sales channels, helping clients enhance their market presence and improve overall operational efficiency.
Crown Bioscience
Series C in 2011
Crown Bioscience International, through its subsidiary Crown Bioscience Inc., is a global company specializing in drug discovery and development solutions. Founded in 2006 and based in Taipei, Taiwan, the company focuses on providing translational platforms for oncology, cardiovascular, and metabolic diseases, helping biopharmaceutical companies enhance drug efficacy and patient response while minimizing clinical failures. Crown Bioscience offers a comprehensive range of products, including antibodies for in vivo and in vitro studies, recombinant proteins, and tumor tissue microarrays, as well as integrated preclinical testing services. The firm has established strategic partnerships, including collaborations with the Shanghai Model Organisms Center and Hubrecht Organoid Technology, to advance its capabilities in genetically engineered models and organoid-based preclinical drug development. With facilities in the United States, United Kingdom, China, and Taiwan, Crown Bioscience serves the biotech and pharmaceutical industries worldwide, facilitating the acceleration of new drug development programs.
Young Fast Optoelectronics Company
Venture Round in 2007
Young Fast Optoelectronics Company, established in 1999 and headquartered in Taoyuan, Taiwan, specializes in the manufacturing and sales of touch panel sensor (TPS) products, both domestically and internationally. The company offers a range of touch panel solutions, including resistive touch panels for various consumer electronics, capacitive touch panels for high-end devices, and industrial control touch panels. Additionally, it provides comprehensive support services such as preliminary feasibility evaluation, market channel planning, engineering drafting, cost estimation, and mass production scheduling. The company's primary revenue comes from its Electromechanical Business Group, which focuses on power cable accessories.
eGalax_eMPIA Technology
Venture Round in 2007
eGalax_eMPIA Technology Inc. specializes in providing touch panel solutions, including projected capacitive integrated circuits (ICs), resistive touch technology, surface capacitive touch controllers, and surface acoustic wave touch sensors. Founded in 2000 and headquartered in Taipei City, Taiwan, the company serves diverse sectors such as industrial, commercial, gaming, medical, banking, military, transportation, and consumer electronics. In addition to touch technology, eGalax_eMPIA manufactures video and audio control wafers and modules, catering to the stringent requirements of industries like medical and health. The company’s primary revenue is generated from its touch panel control board and touch sensor IC department, which focuses on developing and producing touch controllers and driver software.
Super Dragon Technology Company
Venture Round in 2006
Super Dragon Technology is an environmental technology company specializing in precious metal recycling and semiconductor parts cleaning. The company engages in the processing and sale of mixed hardware containing precious metals, as well as recycled products and hardware components. A significant portion of its revenue is derived from the trading of precious metals, with its primary market located in Taiwan and additional revenue generated from China. In addition to recycling, the company focuses on the manufacturing and sale of materials used in semiconductor applications, further contributing to its diverse range of services in the electronics industry.
Prolific Technology
Venture Round in 2002
Prolific Technology Inc specializes in the design and manufacture of integrated circuit (IC) products, focusing on applications in data communication and connectivity. The company offers a range of solutions, including USB Smart I/O, intelligent energy-saving technologies, and mixed-mode hall sensors. Based in Taiwan, Prolific is recognized for its innovative approach in the semiconductor industry, catering to the growing demand for efficient and effective electronic design services.
MStar Semiconductor
Venture Round in 2002
MStar Semiconductor, Inc., an integrated circuit (IC) design company, provides mixed-mode integrated circuit technologies. It delivers multimedia, wireless communications, and mixed-mode ICs, as well as offers intellectual property (IP) development services. The company provides display IC products; technology solutions in analog and digital designs for the mixed mode ASIC services; and analog IP development services. It serves display IC and Mixed-mode ASIC/IP markets. MStar Semiconductor, Inc. was founded in 1998 and is based in Hsinchu Hsien, Taiwan with a sales office in Taipei, Taiwan.
Semiconductor Manufacturing International
Venture Round in 2002
Semiconductor Manufacturing International Corporation (SMIC) is a leading semiconductor foundry based in Shanghai, China, established in 2000. It specializes in the design and manufacturing of integrated circuits (IC) and offers a comprehensive range of services including computer-aided design, wafer fabrication, testing, packaging, and assembly. SMIC operates advanced fabrication facilities, including 300mm and 200mm fabs in various locations such as Beijing, Tianjin, and Shenzhen, and provides technology services for process nodes ranging from 0.35 microns to 28 nanometers. The company serves a diverse clientele, including integrated device manufacturers, fabless semiconductor firms, and system companies, with its products utilized in sectors such as artificial intelligence, data centers, automotive, consumer electronics, and the Internet of Things. SMIC is recognized as the largest foundry in China and ranks fifth globally in the semiconductor industry, employing over 20,200 people and maintaining a presence in markets across North America, Europe, Japan, and Taiwan.
Solomon Systech
Venture Round in 2002
Solomon Systech International is a semiconductor company that specializes in the design, development, and sales of integrated circuit products and system solutions. Its offerings primarily cater to various applications, including smartphones, smart televisions, healthcare devices, and smart home devices. The company also serves the electronic shelf label market and provides solutions for wearables and portable devices. With a global presence, its business spans across regions such as Taiwan, China, Europe, Japan, Korea, South East Asia, and the United States, with Hong Kong being the largest revenue generator.
Shun On Electronic
Venture Round in 2002
Shun On Electronic Co., Ltd. is a Taiwan-based manufacturer specializing in computer components and electronic products. Founded in 1996 and headquartered in Taipei City, the company produces a wide range of items, including membranes for computers, communication devices, and consumer electronics, as well as peripherals like keyboards and mouse devices. Additionally, Shun On offers automotive electronics, such as camera modules and collision warning systems, alongside automotive engineering products that include various metallic materials and composite materials. The firm's expertise extends to intelligent manufacturing solutions, providing automated production systems and environmental engineering products. While the company primarily operates in Taiwan, it also serves international markets, notably in Mainland China.
Elite Advanced Laser
Venture Round in 2001
Elite Advanced Laser Corporation is a Taiwanese company specializing in the manufacturing of advanced optoelectronic components. Established in 2000 and headquartered in New Taipei City, the company offers electronic manufacturing services that include assembly and testing for optical information devices, optical communication devices, as well as sensors and power amplifiers. It also produces visible laser diodes for various industrial applications. Elite Advanced Laser has built a reputation for reliability, supplying laser products to the industry and engaging in original equipment manufacturing for leading Japanese laser diode producers. The company operates primarily within the optoelectronics and semiconductor sectors, with a significant portion of its revenue stemming from the semiconductor segment.
APEC
Venture Round in 2000
Established in 1998, APEC is a pioneering company in Taiwan that specializes in providing total solutions for new power requirements in MOSFETs and IGBTs. Their products are widely used in various industries including computing, consumer electronics, display, communications, and industrial sectors. APEC has solidified its market position by becoming a strategic partner of major semiconductor firms due to its large economies of scale and consistent sales growth. With a focus on quality assurance and expanding economies of scale, APEC aims to increase its market share in Taiwan and venture into international markets.
Asia Vital Components
Venture Round in 1999
Asia Vital Components Co., Ltd. is a manufacturer based in New Taipei City, Taiwan, specializing in thermal solutions and hardware components. Established in 1991, the company produces a diverse range of products, including DC and EC fans, thin centrifugal fans, fan arrays, radiators, heat sinks, and heat pipes. Additionally, it designs and manufactures computer-related casing systems, camera modules, hinges, and touch panels. Asia Vital Components employs various cooling techniques such as liquid cooling, thermoelectric cooling, and convection methods to enhance the performance of its products. The company's offerings find applications across multiple sectors, including computers, telecommunications, automotive, and industrial cooling.
Flexium Interconnect
Venture Round in 1999
Flexium Interconnect, Inc. is a company based in Kaohsiung, Taiwan, that specializes in the design, development, manufacturing, and sale of flexible printed circuit (FPC) boards. Its product range includes single-sided, double-sided, multilayer, and rigid-flex FPC boards, as well as build-up copper clad laminate. The company is involved in the research and development, manufacturing, processing, trading, and repair of printed circuit boards and related semi-finished goods. Flexium's products are widely utilized in various applications, including computers, LCD screens, consumer electronics, automotive GPS systems, and wearable technology. With a significant portion of its revenue generated from international markets, particularly in Europe and America, Flexium Interconnect has established a robust presence in the global electronics industry since its founding in 1997.
Taiwan Semiconductor Manufacturing Company
Venture Round in 1999
Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest dedicated chip foundry, established in 1987 and headquartered in Hsinchu, Taiwan. The company specializes in manufacturing integrated circuits and semiconductors, providing essential wafer production processes and manufacturing efficiency to a diverse range of global customers across sectors such as computing, communications, consumer electronics, and industrial applications. TSMC supports an ecosystem of partners by offering advanced process technologies and design enablement solutions that foster innovation in the semiconductor industry. With a commanding market share exceeding 60%, TSMC has built a strong reputation for high-quality technology and solid operating margins, even amid intense competition. The company's shift towards a fabless business model has further enhanced its position, attracting a prestigious client roster that includes major industry players like Apple, AMD, and Nvidia.
Quanta Display
Venture Round in 1999
Quanta Display, Inc is manufactures thin film transistor-liquid crystal display panels in Taiwan.
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