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

Jun Fang

Investor Relations Director

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Jianguang Li

Partner

Meng Lian

Partner

Dongliang Lin

Partner

Yikun Liu

Partner

Richard L. Schmalensee

Director

Chen Tong

Vice President

Xin Wang

Legal Counsel

Fei Yang

Director of IPO Division

Jin Yu

Partner

Xinhua Yu

Team Member

Ping Zhai

Partner

Jianbin Zhang

Venture Partner

Sai Zhang

Executive Director

Qiuyue Zhong

Partner

Quan Zhou

Managing Partner

Past deals in ASIC

Shorter

Angel Round in 2022
Shorter is a developer of a decentralized shorting infrastructure that allows users to short any cryptocurrency token while earning interest. The platform offers a comprehensive suite of decentralized finance (DeFi) services, enabling margin trading and real-time delivery of decentralized derivatives. By facilitating the shorting of tokens and providing lending opportunities, Shorter aims to create accessible financial tools for all users in the cryptocurrency space. The company focuses on enhancing user experience in trading and lending, addressing the needs of a diverse audience in the evolving DeFi landscape.

Multichain

Seed Round in 2021
Multichain is a cross-chain router protocol (CRP) providing a mature real-time CRP system.

YHMICROS

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

imToken

Series B in 2021
imToken Pte. Ltd. is a Singapore-based company that specializes in developing a blockchain-based cryptocurrency wallet and digital asset management tools. Founded in 2016, imToken enables users to manage multi-chain assets and facilitates secure token exchanges within its wallet. The platform features a DApp browser that supports decentralized token-to-token transactions, enhancing the user experience in the blockchain ecosystem. Over the years, imToken has garnered a global user base, becoming one of the largest Ethereum wallets in the world. The company operates as a subsidiary of Hangzhou Rongshi Technology Co., Ltd. and is dedicated to making blockchain technology accessible and user-friendly for a broader audience.

Kunlun

Venture Round in 2021
Kunlun is an artificial intelligence chip designer and manufacturer.

Matrixport

Venture Round in 2019
Matrixport is your gateway to digital economy where you can trade, custody, invest and borrow crypto assets all in one stop. With rich industry resources and leading technology capabilities, Matrixport aims to create the next generation digital financial service platform. Their vision is to enable a more open and equal financial system using blockchain technologies. Matrixport has launched trading, digital asset custody, and cryptocurrency lending service for clients around the world, with even more innovative product offerings to come. Matrixport is headquartered in Singapore with offices worldwide.

Qi An Xin

Private Equity Round in 2019
Qi An Xin Group is a leading security provider dedicated to protecting critical and valuable internet assets in a wide range of areas including Government, Finance, Energy, Telecom, etc. We are the fastest-growing company in the Chinese security market with over 90% consecutive compound annual growth rate since 2015. Under the hard work of 6000+ professionals, our technologies have been adopted in 90% of government departments, state-owned companies, and large banks. We start our international development in 2019 and extend our global business in Indonesia, Singapore, Canada, Hong Kong, Macao, etc.

Akulaku

Series C in 2018
Akulaku Inc. is a consumer finance platform based in Jakarta, Indonesia, established in 2016. The company specializes in offering online financial credit services to customers across Southeast Asia. Its services include shopping in installments through an independently managed online marketplace and various other platforms, as well as providing flexible cash loans. Akulaku's mission is to enhance the quality of life for both partners and consumers by creating a comprehensive and reliable financial ecosystem.

VeriSilicon

Series A in 2018
VeriSilicon Holdings Co., Ltd. is an integrated circuit (IC) design foundry that provides custom silicon solutions and system-on-chip (SoC) turnkey services for a wide range of electronic devices and systems, including smart phones, media tablets, HDTVs, set-top boxes, blu-ray DVD players, home gateways, networking, and data centers. VeriSilicon's technology solutions leverage licensable digital signal processing cores, Hantro Video IPs, eDRAM, and others that can be targeted for a wide range of process technology, including advanced nodes like 28nm and FD-SOI.

ASR Microelectronics

Series B in 2018
ASR Microelectronics (Shanghai) Co., Ltd. is a semiconductor manufacturer founded in April 2015 and headquartered in Shanghai, China, specifically in the Zhangjiang Hi-Tech Park. The company specializes in developing chips for mobile intelligent communication terminals, navigation systems, and other consumer electronics. Its product range includes smartphones, modems, and integrated systems on chip (SoC) that support various communication standards, including 2G, 3G, and 4G. ASR boasts a dedicated research and development team located in the United States and South Korea, focusing on platform development and technical support. In 2017, ASR expanded its capabilities by acquiring the Mobile Business Unit from Marvell, positioning itself as a leading baseband provider in China, alongside Hisilicon. The company's significant shareholders include several venture capital firms, highlighting its strong financial backing and commitment to advancing technology in the mobile communications and Internet of Things sectors.

imToken

Series A in 2018
imToken Pte. Ltd. is a Singapore-based company that specializes in developing a blockchain-based cryptocurrency wallet and digital asset management tools. Founded in 2016, imToken enables users to manage multi-chain assets and facilitates secure token exchanges within its wallet. The platform features a DApp browser that supports decentralized token-to-token transactions, enhancing the user experience in the blockchain ecosystem. Over the years, imToken has garnered a global user base, becoming one of the largest Ethereum wallets in the world. The company operates as a subsidiary of Hangzhou Rongshi Technology Co., Ltd. and is dedicated to making blockchain technology accessible and user-friendly for a broader audience.

AccutarBio

Series A in 2017
AccutarBio employs artificial intelligence to revolutionize drug discovery. AccutarBio's philosophy is to derive a data-driven principle that has the power of explaining physical and chemical nature of biological systems, which we harness to accelerate drug discoveries.

Bitmain

Series A in 2017
Bitmain is a manufacturer of Bitcoin mining hardware and other related services. Bitmain was founded by several of the digital currency industry’s earliest players, and their team is comprised of passionate and pedigreed engineers, financial experts, and Bitcoin enthusiasts. Bitmain is headquartered in Beijing and has offices in San Francisco, Tel Aviv, Hong Kong, Chengdu and Shenzhen.

Akulaku

Series B in 2017
Akulaku Inc. is a consumer finance platform based in Jakarta, Indonesia, established in 2016. The company specializes in offering online financial credit services to customers across Southeast Asia. Its services include shopping in installments through an independently managed online marketplace and various other platforms, as well as providing flexible cash loans. Akulaku's mission is to enhance the quality of life for both partners and consumers by creating a comprehensive and reliable financial ecosystem.

ACEINNA

Series A in 2017
ACEINNA, Inc. specializes in developing inertial measurement unit and sensor technology tailored for artificial intelligence applications, focusing on sectors such as autonomous vehicles, advanced computing platforms, and smart buildings. The company's product range includes inertial systems like inertial measurement units, tilt sensors, and inertial navigation systems, alongside various current sensors and MEMS-based flow and differential pressure sensors. Founded in 2016 and headquartered in Andover, Massachusetts, ACEINNA aims to provide innovative sensing solutions that address the evolving needs of these emerging markets.

Wacai

Series C in 2017
Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

Akulaku

Series A in 2017
Akulaku Inc. is a consumer finance platform based in Jakarta, Indonesia, established in 2016. The company specializes in offering online financial credit services to customers across Southeast Asia. Its services include shopping in installments through an independently managed online marketplace and various other platforms, as well as providing flexible cash loans. Akulaku's mission is to enhance the quality of life for both partners and consumers by creating a comprehensive and reliable financial ecosystem.

Active.ai

Angel Round in 2016
Active.Ai has built an advanced, proprietary conversational AI platform that can be easily deployed for financial institutions, insurance companies and capital markets. Triniti, their artificial intelligence engine, has been built to create meaningful, intuitive engagement for the end user across multiple apertures like messaging, voice and IOT devices. Built from the ground up to specifically meet the needs of financial institutions, insurance companies and capital markets—utilizing Machine Learning, Natural Language Processing and Natural Language Generation—Triniti has an industry context that is unmatched for intuitive connection with the end user. Moreover, this solution is underpinned with the knowledge and expertise of an executive team with over 60 years of senior-level industry experience, and the deep understanding of the strategic and operational challenges their clients are working to address. Active.ai is arriving just in time for financial institutions, insurance companies and capital markets who are evolving quickly to remain relevant to changing customer expectations. Using advanced conversational AI, we see an exciting opportunity to create a natural dialogue and more meaningful connections with people in their everyday micro-conversations.

Aikosolar

Venture Round in 2016
Aikosolar engages in the research, manufacturing, and sales of crystalline silicon solar cells. Aiko solar specializes in producing high-quality and high-efficiency solar cells and has been awarded ISO9001: 2008 certification of the quality management system. Aiko solar receives a reputation in the PV industry, for stable performance, high conversion efficiency, low breakage rate, and light-induced degradation. Aiko solar has a professional R&D team, which is comprised of key personnel with master's degrees or above, and experienced in production and equipment. Relying on independent creation and innovation, Aiko solar gradually masters the world-leading core technology in the PV industry and has obtained lots of national patents. Guangdong Aiko Solar Energy Technology Co., Ltd. is located at No. 69 Area C Sanshui Industrial Park, Foshan City Guangdong Province. With total investment of over RMB1.8 billion, Aiko solar is dedicated to the research, manufacturing, and sales of crystalline silicon solar cells. With an annual capacity of 600MW Aiko solar becomes the leading silicon cell manufacturer in Guangdong province and among the first three professional manufacturers in China.

Akulaku

Series A in 2016
Akulaku Inc. is a consumer finance platform based in Jakarta, Indonesia, established in 2016. The company specializes in offering online financial credit services to customers across Southeast Asia. Its services include shopping in installments through an independently managed online marketplace and various other platforms, as well as providing flexible cash loans. Akulaku's mission is to enhance the quality of life for both partners and consumers by creating a comprehensive and reliable financial ecosystem.

Wacai

Series B in 2015
Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

Wacai

Series B in 2014
Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

Vango Technologies

Series A in 2014
Developer and manufacturer of fabless semiconductors. The company develops microchips from SoC to MCU to AFE to tailor-made chips for IoT (Internet of Things) devices as solutions for the energy sector.

Akulaku

Seed Round in 2014
Akulaku Inc. is a consumer finance platform based in Jakarta, Indonesia, established in 2016. The company specializes in offering online financial credit services to customers across Southeast Asia. Its services include shopping in installments through an independently managed online marketplace and various other platforms, as well as providing flexible cash loans. Akulaku's mission is to enhance the quality of life for both partners and consumers by creating a comprehensive and reliable financial ecosystem.

AI Kaola

Series A in 2014
AI Koala is an influential Internet financial platform in South China. It was built by Guangzhou Cailue Financial Information Technology Co., Ltd., dedicated to advancing the "interesting technology and finance" experience. From the perspective of users, it has been upgraded from focusing on pure lazy investment scenarios to Enjoy the beautiful life scene of wealth growth. And through the use of cloud computing technology, combined with in-depth data mining, analysis, and monitoring, to help users reduce risks to a greater extent. Xinwang Bank’s depository system has been launched on the platform, and all capital flows invested by users are completed within Xinwang Bank, and compliance has been upgraded again.

Wacai

Series A in 2013
Wacai is a Chinese mobile app developer and the creator of a personal finance management mobile app. The app has two major functions. One, to serve as a bookkeeping service (launched in 2009) and two, a mutual fund trading feature that was added in July of 2013. Its most recent feature, incorporated in April of 2014, is a credit card manager, which is gaining popularity in the Chinese markets. The app currently has over 40 million users.

MEMSIC

Acquisition in 2013
MEMSIC Semiconductor Co., Ltd. is a Chinese enterprise that is engaged in the manufacture, research and development, and sale of microelectronic mechanical integration technology chips. MEMSIC is the first inertial sensor company in the world to integrate amicro mechanical system and mixed signal processing circuit into one single chip. MEMSIC utilizes standard CMOS craft and technology to embed additional functionality and create new products. It also enables the products to extend to more MEMS application fields in addition to acceleration sensors. With the combination of standard CMOS processes, MEMSIC has successfully produced over 20 types of level acceleration sensors with lower costs and higher performance.

ActBlue

Series A in 2010
ActBlue LLC is a non-profit organization based in Somerville, Massachusetts, that specializes in developing fundraising software and digital tools for political campaigns and charitable organizations in the United States. Founded in 2004, ActBlue focuses on democratizing fundraising by providing intuitive online donation tools that can be integrated into campaign websites and emails. This allows small-dollar donors to contribute easily, regardless of their device. ActBlue's platform has become the preferred choice for many Democratic campaigns, helping them raise substantial amounts of money while ensuring transparency in donations. The organization emphasizes the importance of grassroots support, offering its services free of charge to campaigns and organizations. Over the years, ActBlue has successfully facilitated significant contributions to progressive causes, acting as a conduit for fully disclosed donations, thereby empowering donors to support the candidates and causes they believe in without the influence of undisclosed funding sources.

Aikosolar

Seed Round in 2009
Aikosolar engages in the research, manufacturing, and sales of crystalline silicon solar cells. Aiko solar specializes in producing high-quality and high-efficiency solar cells and has been awarded ISO9001: 2008 certification of the quality management system. Aiko solar receives a reputation in the PV industry, for stable performance, high conversion efficiency, low breakage rate, and light-induced degradation. Aiko solar has a professional R&D team, which is comprised of key personnel with master's degrees or above, and experienced in production and equipment. Relying on independent creation and innovation, Aiko solar gradually masters the world-leading core technology in the PV industry and has obtained lots of national patents. Guangdong Aiko Solar Energy Technology Co., Ltd. is located at No. 69 Area C Sanshui Industrial Park, Foshan City Guangdong Province. With total investment of over RMB1.8 billion, Aiko solar is dedicated to the research, manufacturing, and sales of crystalline silicon solar cells. With an annual capacity of 600MW Aiko solar becomes the leading silicon cell manufacturer in Guangdong province and among the first three professional manufacturers in China.

Quintic

Series B in 2008
Quintic (Beijing) Microelectronics Co., Ltd. is a Chinese chip design company focused on providing consumers with low power consumption and cost-effective wireless access solutions. Quintic was established on September 29, 2006. Its core design and architecture engineers come from leading global companies with technical expertise covering WLAN, Bluetooth, WiMax, mobile TV, ultra wideband, and other communications standards. Since early 2007, Quintic started the development of the FM production line, and incorporated high-performance FM transmitter chips in the field of personal wireless audio connectivity applications.

CAXA

Series A in 2007
Beijing Digital Dafang Science and Technology Co., Ltd. (CAXA) is an industrial software and service company in China. Its products and services include digital design, digital fabrication, product life cycle management, and industrial cloud services platforms. The company’s entire product line has independent intellectual property rights. Its digitalized design solutions include software such as two-dimensional and three-dimensional CAD, process CAPP, product data management PDM, and more. Its digitalized manufacturing solutions include software such as CAM, network DNC, MES, MPM, and more. CAXA is the biggest software supplier of CAD and PLM in China, and also the advocator and leader of China's cloud industry.

VeriSilicon

Series D in 2007
VeriSilicon Holdings Co., Ltd. is an integrated circuit (IC) design foundry that provides custom silicon solutions and system-on-chip (SoC) turnkey services for a wide range of electronic devices and systems, including smart phones, media tablets, HDTVs, set-top boxes, blu-ray DVD players, home gateways, networking, and data centers. VeriSilicon's technology solutions leverage licensable digital signal processing cores, Hantro Video IPs, eDRAM, and others that can be targeted for a wide range of process technology, including advanced nodes like 28nm and FD-SOI.

500.com

Series A in 2007
BIT Mining Limited is a cryptocurrency mining enterprise that acquires cryptocurrency mining machines to mine for both Bitcoin and Ethereum. The company was originally an online sports lottery service provider that aggregates and processes lottery purchase orders. It derives nearly all of its revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. BIT Mining Limited was founded in October 2001 in Shenzhen as 500wan.com Ltd., with a registered capital of RMB 50 million. The company secured venture capital investments of several million U.S. dollars from IDG Capital Partners, Sequoia Capital, and SIG Capital in September 2007. It changed its name to 500.com in October 2013 and went public on the New York Stock Exchange (NYSE) under the symbol WBAI on November 22, 2013.

Analogix Semiconductor

Series B in 2007
Analogix Semiconductor, Inc. specializes in designing and manufacturing high-performance analog and mixed-signal semiconductor devices tailored for the digital multimedia and communications sectors. The company offers a range of products, including SlimPort solutions, timing controllers, mobile display converters, accessory display converter chips, and display controllers, which facilitate the delivery of high-resolution video, audio, and data across various portable devices such as smartphones, tablets, and laptops. Notably, its SlimPort ANX7688 enables 4K video output, supporting advanced resolutions from mobile devices. Founded in 2002 and headquartered in Santa Clara, California, Analogix also maintains offices in Beijing, Shenzhen, Taiwan, South Korea, and Japan, positioning itself as a significant player in the digital media market, particularly in DisplayPort and HDMI technology solutions.

RDA Microelectronics

Series B in 2007
RDA Microelectronics Co., Ltd. is focused on the design, development, fabrication, and marketing of radio frequency ICs. It also provides related technology consultations and services. RDA Microelectronics owns an advanced testing laboratory and research and development platform for improvement in areas such as digital and analogous circuits, radio-frequency systems, power amplifiers, signal processing, and more. It claims ownership to more than 20 international advanced invention patents or core technologies with independent intellectual property rights in China. The company continues launches creative integrated circuit products in the fields of wireless communication, consumer electronics, and more.

Amlogic

Series A in 2006
Amlogic Inc. is a fabless semiconductor company specializing in system-on-chip (SoC) solutions for various consumer applications. Founded in 1995 and headquartered in Santa Clara, California, with additional offices in China, Amlogic develops chips for smart TVs, mobile internet devices, and IP set-top boxes, which integrate broadcasting content with over-the-top delivery, gaming, and local media playback. The company's technology includes high-performance CPU and GPU combinations for low power, high-definition media processing, along with advanced HD video processing, connectivity solutions, and software platforms. Amlogic's products cater to diverse applications, including digital photo frames and home media centers, while emphasizing innovations in audio, video, and image processing. The company has established significant partnerships, including notable clients in the consumer electronics sector.

Fangtek

Series C in 2006
Shanghai Fangtek Electronics Co., Ltd. designs, develops, and markets analog and mixed-signal power management integrated circuits for communication, computing, and consumer markets. Its products include audio power amplifiers, LED drivers, SIM card controllers, analog switches, reset integrated circuits, charger protection products, and voltage regulators. The company serves audio, lighting, and supply voltage regulation applications; and mobile phone, MP3/4, GPS, mini sound box, and MID applications. Shanghai Fangtek Electronics Co., Ltd. was founded in 2003 and is based in Shanghai, China with an additional office in Shenzhen, China.

VeriSilicon

Series B in 2005
VeriSilicon Holdings Co., Ltd. is an integrated circuit (IC) design foundry that provides custom silicon solutions and system-on-chip (SoC) turnkey services for a wide range of electronic devices and systems, including smart phones, media tablets, HDTVs, set-top boxes, blu-ray DVD players, home gateways, networking, and data centers. VeriSilicon's technology solutions leverage licensable digital signal processing cores, Hantro Video IPs, eDRAM, and others that can be targeted for a wide range of process technology, including advanced nodes like 28nm and FD-SOI.

Analogix Semiconductor

Series B in 2005
Analogix Semiconductor, Inc. specializes in designing and manufacturing high-performance analog and mixed-signal semiconductor devices tailored for the digital multimedia and communications sectors. The company offers a range of products, including SlimPort solutions, timing controllers, mobile display converters, accessory display converter chips, and display controllers, which facilitate the delivery of high-resolution video, audio, and data across various portable devices such as smartphones, tablets, and laptops. Notably, its SlimPort ANX7688 enables 4K video output, supporting advanced resolutions from mobile devices. Founded in 2002 and headquartered in Santa Clara, California, Analogix also maintains offices in Beijing, Shenzhen, Taiwan, South Korea, and Japan, positioning itself as a significant player in the digital media market, particularly in DisplayPort and HDMI technology solutions.

Aircom

Series B in 2005
Beijing Aircom Technology Co., Ltd. is a high-tech enterprise that is focused on the development, operation, and provision of technical services for communication system products. Aircom was founded in April 2002 and got registered and certified in Haidian District, Beijing City.

IMS

Angel Round in 2004
IMS manufactures and sells automotive electronic parts.

VeriSilicon

Series A in 2003
VeriSilicon Holdings Co., Ltd. is an integrated circuit (IC) design foundry that provides custom silicon solutions and system-on-chip (SoC) turnkey services for a wide range of electronic devices and systems, including smart phones, media tablets, HDTVs, set-top boxes, blu-ray DVD players, home gateways, networking, and data centers. VeriSilicon's technology solutions leverage licensable digital signal processing cores, Hantro Video IPs, eDRAM, and others that can be targeted for a wide range of process technology, including advanced nodes like 28nm and FD-SOI.

Aircom

Series A in 2002
Beijing Aircom Technology Co., Ltd. is a high-tech enterprise that is focused on the development, operation, and provision of technical services for communication system products. Aircom was founded in April 2002 and got registered and certified in Haidian District, Beijing City.