IDG Capital

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Guangfu Cui

Partner

Qiang Dai

MD

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Jianguang Li

Partner

Meng Lian

Partner

Dongliang Lin

Partner

Richard L. Schmalensee

Director

Chen Tong

Vice President

Xin Wang

Legal Counsel

Fei Yang

Director of IPO Division

Jin Yu

Partner

Ping Zhai

Partner

Jianbin Zhang

Venture Partner

Sai Zhang

Executive Director

Qiuyue Zhong

Partner

Quan Zhou

Managing Partner

Past deals in Series A

Neukio Biotherapeutics

Series A in 2022
Neukio Biotherapeutics is an immune cell drug developer, focusing on the research and development and industrialization of immune cell drugs, developing iPSC-CAR-NK general-purpose spot immune cell products, and is committed to providing effective therapeutic drugs for cancer patients around the world.

Layerwave Bio

Series A in 2022
Layerwave Bio is a developer of IVD diagnostic instrument reagents and biomedical scientific research instruments.

X-MAGTECH

Series A in 2022
X-MAGTECH is a technology platform for measuring extremely weak magnetic fields.

SUSTAO

Series A in 2022
SUSTAO is a manufacturer of consumables that meet the technical requirements of medical robots.

Gokin Solar

Series A in 2022
Gokin Solar focuses on the R&D and manufacturing of high-efficiency large-size photovoltaic silicon wafers. Founded in 2019, the company is based in Zhuhai, China.

Gokin Solar

Series A in 2022
Guangdong Gaojing Solar Energy Technology is a solar energy technology.

Miracle Miles tech

Series A in 2022
Miracle Miles tech is a footwear and clothing enterprise that owns five independent brands.

Deep Mirror

Series A in 2022
Deep Mirror is a startup developing state-of-the-art spatial intelligence technology and creating a multi-layer digital twin of the real world. It offers competitive rewards, equal promotion opportunities, and access to the most cutting-edge technology towards spatial intelligence.

Qiangua Technology

Series A in 2021
Qiangua Technology is a Chinese autonomous driving truck company that provides logistics and transportation services based on automated driving technology.
Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.

NIUTRON

Series A in 2021
Niu Chuangxin Energy NIUTRON is a new energy vehicle research and development company, focusing on smart high-end new energy vehicles. The future models will be in the two directions of extended range and pure electric.

Allorion Therapeutics

Series A in 2021
Allorion Therapeutics is a small molecule therapeutic development company that focuses on cancer and autoimmune illnesses. Allorion operates two locations in Natick, Massachusetts, and Guangzhou, China.

HT Aero

Series A in 2021
HT Aero aspires to be the pioneer of urban air mobility (UAM) and is dedicated to producing safe and intelligent electric flying vehicles. which combine automotive and aerospace technologies to realize domestic air-travel usage at scale.

Qcraft

Series A in 2021
Qcraft Inc. is a self-driving technology company founded in 2019 and headquartered in Mountain View, California, with additional offices in Silicon Valley and several cities in China, including Beijing, Shenzhen, and Suzhou. The company focuses on developing advanced autonomous vehicle (AV) solutions, particularly through simulation testing. This system trains self-driving cars to navigate a wide range of traffic scenarios, including rare and unusual situations, using a virtual road network. By enhancing the capabilities of self-driving cars, Qcraft aims to improve safety and efficiency in autonomous driving.

Pinlan

Series A in 2021
Shanghai Pinlan Data Technology Co., Ltd. develops artificial intelligent backed marketing and logistics application for consumer goods and retail companies. Its features include product promotion strategy, shelf display management, stock management, inventory and warehouse management, and logistics record management. The company was founded in 2018 and is headquartered in Shanghai, China.

Dinfectome

Series A in 2021
Dinfectome researches and develops molecular detection technology. It provides biotechnology solutions to improve testing of various diseases. Dinfectome is based in Nanjing, China.

Hutouju

Series A in 2021
Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.

Bombax

Series A in 2021
Xiaoice is an AI company that develops a chatbot that acts as a digital assistant with the capability to understand human conversations. Xiaoice allows cross-platform interactions, enabling users to enjoy the convenience of artificial intelligence. Xiaoice is designed as a teenage girl and is touted as an empathic computing framework focusing on longer back-and-forth conversations with humans instead of simply answering questions or obeying commands like most bots. Its technology covers natural language processing, computer voice, computer vision, and AI content generation.

Femooi

Series A in 2021
Developer and producer of home beauty equipment. The company focuses on developing and manufacturing skin care and face wash devices, providing gentle skin cleansing solution for consumers.

ColorTech Bio

Series A in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.

Cider

Series A in 2021
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

ColorTech Bio

Series A in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.

Analytical Biosciences

Series A in 2021
Analytical Biosciences is a single-cell genome developer that aims to create and apply accurate maps of human diseases. In collaboration with medical research institutions, hospitals, and pharmaceutical companies, we are committed to exploiting the application of single-cell genomics and bioinformatics in the diagnosis and treatment of human diseases. Through large-scale systematic disease single-cell mapping, big data intelligence mining is carried out to help a wide range of partners discover new therapeutic targets and develop new treatment strategies.

YHMICROS

Series A in 2021
YHMICROS manufactures and develops electronic power microchips. It is based in Shanghai, China.

Mumway

Series A in 2021
Provider of maternal and child home care services and maternal and child care talent training services. The company provides nursing services for new born baby and the mother and also provides educational services in the aspect of child raising and nutrition, enabling customers to learn about scientific parenting concept.

ChiefClouds

Series A in 2021
ChiefClouds focuses on government big data and industrial big data platform construction and application. The company provides industry + data intelligence products and solutions, and currently completes and carries out dozens of large-scale data including government traffic, environmental protection, credit, and power, finance, and other industries. ChiefClouds integrates the market's outstanding big data and Internet, large enterprise-level services, and industry business experience. Its members include Alibaba, Google, Easy Media, Tencent, Weibo, and other large Internet enterprise products and technology backbone; Microsoft, IBM, Oracle, SAP, and other excellent corporate service teams; senior experts in the vertical industry of marketing, security, government, power, and energy. ChiefClouds has set up branches in Shanghai, Beijing, Guangzhou, and Shijiazhuang, and has laboratories in Silicon Valley.

Wenheyou

Series A in 2021
Wenheyou operates a range of food and beverage brands.

Firework

Series A in 2021
Firework is one of the fastest growing interactive video platforms on mobile.

SVOLT

Series A in 2021
Svolt Energy Technology Co., Ltd. is a high-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, energy storage system (ESS) and solar energy R&D and manufacturing. Headquartered in Wuxi, Jiangsu, SVOLT plans for 7 R&D centers around the globe, with four currently in operation, in Baoding, Korea, Shanghai and India, and three are under construction in the US, Japan and Wuxi. Domestically, SVOLT’s factory is under construction in Changzhou, Jiangsu, which will be operational by the end of 2019 with SOP in February 2020, and will have a capacity of 12GWh in 2020. Roadmap: SVOLT is pioneering the introduction of prismatic stacking batteries, making it the world’s first high-speed stacking prismatic battery maker. SVOLT aims to finish stacking one cell in 0.25 seconds in one single station. In contrast to the same type of winding process, the energy density of SVOLT stacking batteries improves 5%, the cycle life improves 10% and the cost reduces 15%.

Fenbi

Series A in 2021
Fenbi Wang provides vocational education examination services.

Didi Freight

Series A in 2021
Didi Freight provides an Uber-like trucking service.

Didi Woya

Series A in 2021
Didi Woya develop self-driving technology and related businesses.

Fengtai Technology

Series A in 2021
Fengtai Technology (Beijing) Co., Ltd. specializes in chemical control safety consulting and evaluation services aimed at enhancing the information security of critical industrial infrastructure. The company offers a range of services, including environment safety support, offensive and defensive drills, industrial control security, and training. Additionally, it provides assessment and audit services, planning and design, endpoint protection, and emergency response and recovery solutions. Fengtai Technology serves a diverse clientele that includes government agencies, industrial sectors, design and research institutes, as well as hardware and software manufacturers. Based in Beijing, China, the company utilizes visual, process-oriented, and customized tools to facilitate effective risk management and ensure reliable operational support for its clients.

NeoCura

Series A in 2020
NeoCura is a company that specializes in developing AI-based platforms and diagnostic tests for cancer therapy. Founded in 2017 and headquartered in Shenzhen, China, NeoCura offers several advanced tools, including the NeoCura AI ALPINE platform for tumor neoantigen prediction, which identifies potential neoantigen candidates. The NeoCura AI EVEREST platform focuses on validating these neoantigens to enhance patient outcomes. Additionally, NeoCura TP serves as an intelligent companion diagnostic that forecasts treatment options for immunotherapy based on tumor mutational burden. The company also provides an AI-enabled immunotherapy solution that targets patient-specific neoantigens. In addition to these platforms, NeoCura offers diagnostics and medical laboratory services, leveraging AI to improve the diagnosis and treatment of cancer patients.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.
SmartMore focuses on the efficient combination of scientific research and industry. Break through the limits and continue to innovate. With intelligent manufacturing and ultra-high-definition video as the starting point, SmartMore is restructuring the AI system and architecture to let the machine understand more.

DuerOS

Series A in 2020
DuerOS is one of the applications of Baidu's world-class AI technology. Built on Baidu's large ecosystem of information and services, DuerOS delivers comprehensive solutions by allowing users to command and converse with their devices using natural language. As an open operating system, DuerOS also automatically learns at any given time to enable any machine to master human language.

HoloMatic

Series A in 2020
HoloMatic is a startup company dedicated to providing autonomous driving solutions based on cutting-edge artificial intelligence and automotive industry technologies. HoloMatic is one of the few companies in possession of a complete layout of autonomous driving technologies, from the wire control, multi-sensor to core algorithm modules. Meanwhile, the company provides solutions targeted at mass production, as an effort to accelerate the industrialization of autonomous driving.

SoupMaster

Series A in 2020
SoupMaster is a Chinese restaurant chain and retail brand. It provides various nutritious soups for pregnant women, patients with a demand for health recuperation, and other people pursuing high-quality life.

Mumway

Series A in 2020
Provider of maternal and child home care services and maternal and child care talent training services. The company provides nursing services for new born baby and the mother and also provides educational services in the aspect of child raising and nutrition, enabling customers to learn about scientific parenting concept.

Biren Technology

Series A in 2020
Shanghai Biren Intelligent Technology Co., Ltd. specializes in the design and manufacture of intelligent chips, focusing on advanced computing solutions. The company operates in both software and hardware sectors, bringing together top industry talents, including technical experts and elite engineers, to develop innovative products. Its hardware division is dedicated to creating versatile computing solutions, while the software department enhances these offerings with specialized applications. Additionally, the company maintains a research institute that investigates key technologies related to intelligent computing systems, emphasizing the development of new architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to establish itself as a leading player in the high-tech sector.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Zhenge Biotech

Series A in 2020
Shanghai ZhenGe Biotechnology Co.,Ltd. researches and develops drugs. It also engages in mammalian cell line development, upstream development, downstream development, and formulation development for various protein therapeutics. In addition, the company provides contract development and manufacturing services; and offers IND and BLA filing services. Further, it provides platform for research and development of antibodies, transient infection, process development, N-Glycosylation, and CAR-T. Shanghai ZhenGe Biotechnology Co.,Ltd. was founded in 2017 and is based in Shanghai, China.

Xiongmao Cake

Series A in 2020
Founded in Huizhou – a third-tier city in Guangdong Province– in 2017, Xiongmao Cake provides a cake baking and delivering service with an ‘online order + warehouse journey’ model. In less than two years, the business quickly spread to 10 second- and third-tier cities across Guangdong, Fujian and Sichuan provinces.

Zhizun Baowu

Series A in 2020
Developer of an mobile eCommerce platform for precious collectibles. The company's platform creates an easy to navigate, secure marketplace for jade items, tea sets and other collectibles, enabling business and collectors to trade.

HyperSKU

Series A in 2020
Seamless dropshipping from sourcing quality products to express shipping

GirlCult

Series A in 2019
GirlCult is a stylized national tide makeup brand. It mainly focuses on the post-90s and post-95s crowds. The current product line covers eye shadow, lip glaze, blush, highlights, and other cosmetic categories. Girlcult focuses on avant-garde "stylization" of visual design Label, the first product "Sunlight Allure", has launched a series of products such as gorgeous rock, religious legends, emotional blush, dream highlights

Deepbrain AI

Series A in 2019
Deepbrain AI, founded in 2016 and based in Seoul, South Korea, is an interactive AI company specializing in the development of advanced AI-powered technology solutions. The company focuses on three core areas: AI services that encompass voice, video, and conversational processing; deep learning technologies using multi-layer neural networks for machine learning applications; and chatbot systems designed for non-face-to-face communication that emulate human interaction. Deepbrain AI's conversational artificial intelligence technology has been effectively utilized across various sectors, including broadcasting, education, and customer service. With a total investment of $9.5 million, including a notable $2 million from IDG Capital in 2019, the company is expanding its partnerships with major firms like Microsoft, Kakao Partner, and SK Telecom. This strategic growth positions Deepbrain AI to enhance its offerings and enter new global markets, capitalizing on its innovative technology and increasing demand in the evolving landscape of AI.

DEEPEXI

Series A in 2019
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

EdiGene

Series A in 2019
EdiGene is dedicated to the development of genome editing technology for human health. Genome editing technology enables the targeted modification of genetic information in human cells, including gene knockout, knock-in and targeted mutations. They aim at providing the high quality products and services for the patients, the pharmaceutical industry, and the scientific research community with the most advanced genome editing technology.EdiGene innovates and applies genome editing technology to developing human therapeutic products. Their therapeutic approach is to treat diseases at the molecular level, making gene therapy safer and more effective.

Jumeng

Series A in 2019
Jumeng is a developer of a logistic service platform. The company based in Shanghai, China.

Miko

Series A in 2019
Miko is a consumer electronics company founded on the pillars of Robotics, Artificial Intelligence, and the Internet of Things. Miko was founded in January 2015 by three IIT Bombay post-graduates and is today driven by a 120 membered team of roboticists, academicians, and neuropsychologists. The core team of roboticists has been together since 2009, making some of the world’s most widely acclaimed robots. Among these are India’s most capable autonomous underwater vehicles, which ranked among the best internationally and performed Navy based tasks.

OPay

Series A in 2019
OPay designs a mobile payment service and consumer platform for users to send and receive money, pay bills, and order food and groceries. It empowers and enables users to accomplish more with their money by providing smart financial services. It is a one-stop mobile-based platform for payment, transportation, food and grocery delivery, and other important services in everyday life. Millions of users rely on OPay every day to send and receive money, pay bills, and order food and groceries.

Analytical Biosciences

Series A in 2019
Analytical Biosciences is a single-cell genome developer that aims to create and apply accurate maps of human diseases. In collaboration with medical research institutions, hospitals, and pharmaceutical companies, we are committed to exploiting the application of single-cell genomics and bioinformatics in the diagnosis and treatment of human diseases. Through large-scale systematic disease single-cell mapping, big data intelligence mining is carried out to help a wide range of partners discover new therapeutic targets and develop new treatment strategies.

T11 Food Market

Series A in 2019
T11 Food Market offers grocery stores.

O'Pay Electronic Payment

Series A in 2019
O'Pay Electronic Payment is a mobile payment mobile app.

Beidian

Series A in 2019
Beidian providing consumers with home, clothing, food, beauty, mother and baby, etc. good stuff. Different from the traditional platform, the store communicates through the social sharing of people, realizes the three-way connection between consumers, shopkeepers and supply chain, and delivers selected good goods to consumers. Badian adheres to the source supply chain model and has reached in-depth cooperation with tens of thousands of high-quality brands, source factories and agricultural products bases around the world to ensure that consumers can spend less money to buy better products.

Firework

Series A in 2019
Firework is one of the fastest growing interactive video platforms on mobile.

Kuaipeilian

Series A in 2019
Kuaipeilian is an online piano training platform

Jijixian

Series A in 2019
Jijixian is a company based in Wuhan, China, that specializes in providing an e-commerce platform focused on fresh produce. The firm offers a delivery service that connects consumers with high-quality fresh food products, facilitating convenient access to these goods through its online platform. By streamlining the purchasing process, Jijixian aims to enhance the shopping experience for customers seeking fresh produce in the digital marketplace.

Hi-Fun

Series A in 2019
Hi-Fun is an indoor competitive theme park built by Airnet and invested in incubation. It provides more than 30 large-scale competitive entertainment projects and amusement facilities, creating a comprehensive large indoor "athletic, interactive entertainment, video game". Theme Park. Beijing Airborne Sports Development Co., Ltd. products.

H Hotel

Series A in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.

Jiatui

Series A in 2019
Shenzhen JiaTui Technology Co., Ltd. is a developer of artificial intelligence-based mobile sales management applications, founded in 2017 and based in Shenzhen, China. The company focuses on creating innovative tools to enhance sales and marketing management, particularly for the automobile industry. Its offerings include digital business cards, a mobile transaction system, and a comprehensive sales management platform that facilitates client networking and customer data analysis. Utilizing core WeChat technology, JiaTui's products aim to improve communication and data flow between enterprises and customers, implementing a B2S2C (boss to sales to customer) model. The company also provides smart sales materials and referral systems, contributing to a streamlined sales process.

Dtwave

Series A in 2019
Dtwave is a professional big data service company that specializes in data assetization and enhancing the application value of data for enterprises and government entities. The company focuses on transforming raw data into valuable production assets through the integration of both online and offline user data. By employing advanced analytics and cloud computing technologies, Dtwave enables organizations to create anomaly-free data assets that accurately reflect user behavior. This approach enhances productivity for businesses and improves governance capabilities for government agencies, ultimately facilitating a more effective use of data in decision-making processes.

Wakanda Technology

Series A in 2019
Hangzhou Wakanda Technology Co., Ltd. is a mobile payment technology company focusing on Africa. It deploys, implements, implements and promotes mobile payment in Africa, and transplants China's mature model of mobile payment and Internet inclusive finance to Africa. Its product KePay Local travel scenarios, cut-in payment, and provide comprehensive payment-based services, including providing users with payment, recharge, transfer, living payment, credit card repayment, travel, ordering, movie ticket purchase, online shopping, etc. Scene payment.

WakeData

Series A in 2019
WakeData is committed to being a great offline big data service company. The company creatively brings the efficient operation concept of Internet company data driven to offline enterprise customers. Open up the online and offline data, fully tap the value of offline data, from the two dimensions of data assetization and data value, to empower the enterprise digital transformation, and provide one-stop customer business big data solutions. Help enterprise IT from business support to business drive, help enterprise marketing from traditional Guangpu marketing to targeted digital marketing, and realize the "digital operation and quantitative management" of enterprise customer management.

EdiGene

Series A in 2019
EdiGene is dedicated to the development of genome editing technology for human health. Genome editing technology enables the targeted modification of genetic information in human cells, including gene knockout, knock-in and targeted mutations. They aim at providing the high quality products and services for the patients, the pharmaceutical industry, and the scientific research community with the most advanced genome editing technology.EdiGene innovates and applies genome editing technology to developing human therapeutic products. Their therapeutic approach is to treat diseases at the molecular level, making gene therapy safer and more effective.

Jusda

Series A in 2019
JUSDA, a service platform of supply chain management for Foxconn Technology Group and a pilot in integrating C2C (Component to Consumer) supply chain services around the world, is committed to driving professionalism and growth of supply chain management by advanced technology and R&D. The company applies an innovative business model that covers trading flow, goods flow, information flow, capital flow, technology flow and process flow.

PENSEES

Series A in 2018
PENSEES is an artificial intelligence company that specializes in computer vision and IoT technologies and provides comprehensive application solutions for the industry. The company takes the depth analysis-based visual analysis technology as a breakthrough and deepens the industry application, providing excellent industrial products, solutions, and technical services for safe city, intelligent transportation, intelligent community, and security analysis.

Bushubao

Series A in 2018
Bushubao is a pedometer app. Users can gain awards through daily walking exercise.