IDG Capital

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

Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Simon Ho

CFO

Bingjun Huangfu

Partner

Ning Kang

Managing Director

Jianguang Li

Partner

Xiaojun Li

Partner

Meng Lian

Partner

Yikun Liu

Partner

Jun Lou

Partner

Michelle Ma

Partner

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Yuhan Sun

Vice President

Chen Tong

Partner

Xiao Wang

Partner

Shu Wang

General Partner

Jeacy Yan

Partner

Jin Yu Ph.D

Partner

Xinhua Yu

Partner

Antony Yung

Partner

Jianbin Zhang

Vice President

Suyang Zhang

Managing Partner

Maria Zhang

Venture Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Jian Zhu

Venture Partner

Peter Zhang Ph.D

Vice President

Past deals in Beverages

about t:me

Venture Round in 2023
about t:me offers coffee drinks in a recyclable sealed container. Their offering range from ordering, to customization options, to pick-up. Their coffee machines are designed to create a cup of coffee without the wait, every time. They respond to customer inquiries by phone and email.

Yololand

Seed Round in 2021
Operator of healthy lifestyle and breakfast brand. The company's cereal breakfast cups enables customers to enjoy the traditional food supplement conveniently, and it also uses the patented Youle cup design and clean label formula to convey a fashionable and healthy brand culture to consumers.

Wenheyou

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

HeyTea

Series D in 2021
HeyTea is a Chinese tea shop that specializes in innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in a riverside alley, it initially operated under the name ROYALTEA before rebranding to HeyTea. The franchise offers a diverse range of products, including instant milk, fruit, and traditional Chinese teas, allowing customers to experience unique blends of flavors. Through its creative approach to tea, HeyTea has positioned itself as a prominent player in the beverage market, appealing to a broad audience seeking new and distinctive taste experiences.

Funiutang

Series C in 2021
Baman Beef Powder, fka Funiutang or F.N.T , is an O2O brand that specializes in Hunan beef noodles and instant beef powder. The company sells its products online and operates restaurants in Beijing.

Saturnbird Coffee

Series B in 2021
SaturnBird Coffee Co., Ltd, founded in 2011 and based in Changsha, China, operates coffee shops and offers a range of coffee products, including instant coffee. The company is known for its unique brewing technology, which aims to preserve the original flavor and aroma of coffee beans. SaturnBird's instant coffee powder can be dissolved in various liquids, including hot and cold water, milk, and oat milk, allowing for versatile coffee preparation. The cafes are designed to enhance the coffee drinking experience through thoughtful selection of utensils and interior design, creating an inviting atmosphere for customers. SaturnBird Coffee aims to provide a high-quality coffee experience that caters to diverse preferences and settings.

Wenheyou

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

Xiaoxiandun

Series C in 2021
Provider of a nutrition product designed to improve women's health. The company is specialized in the development of a nutrition product, "birds' net", to provide sufficient necessary nutrients to women and improve women's health and beauty conditions.

Bluebear

Seed Round in 2020
Provider of dairy products intended to provide fresh dairy desserts. The company provides high quality dairy food with unique product design, enabling customers to have healthy, fresh, and tasty dairy products.

Bluebear

Series A in 2020
Provider of dairy products intended to provide fresh dairy desserts. The company provides high quality dairy food with unique product design, enabling customers to have healthy, fresh, and tasty dairy products.

Vingoo Juice

Series C in 2018
Developer of smart autonomous fresh squeezed orange juice machine intended to serve the Chinese market. The company's machines utilizes a "whole fruit extraction" method to increase the juice yield by each orange, enabling the customers to enjoy a better value for their money. The machines utilizes mobile payment, cloud computing, and AI technologies to enrich the consumer experience.

Lepur

Venture Round in 2018
LePur is a hand-made yogurt brand established in 2015, offering a diverse selection of high-quality yogurt products, including high-protein Greek yogurt and cereal. The company focuses on promoting a healthy lifestyle by providing innovative flavors made from fresh dairy and fruits, ensuring that consumers enjoy pure and natural yogurt. By sourcing ingredients from various global locations and utilizing advanced cold chain logistics technology, LePur is dedicated to delivering genuine ingredients in all its products.

Jiuhuar

Series A in 2018
Jiuhuar is a Chinese distribution company that specializes in the export of San Diegan craft beer. In addition to its distribution activities, Jiuhuar operates an online platform that offers extensive information on craft beer, including ratings and reviews. The company aims to foster and establish a vibrant craft beer culture in China by providing detailed insights into over twenty-three thousand craft beer selections, supported by more than two hundred thousand independent reviews. Through its dual focus on distribution and information sharing, Jiuhuar seeks to enhance the appreciation of craft beer within the Chinese market.

HeyTea

Series A in 2017
HeyTea is a Chinese tea shop that specializes in innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in a riverside alley, it initially operated under the name ROYALTEA before rebranding to HeyTea. The franchise offers a diverse range of products, including instant milk, fruit, and traditional Chinese teas, allowing customers to experience unique blends of flavors. Through its creative approach to tea, HeyTea has positioned itself as a prominent player in the beverage market, appealing to a broad audience seeking new and distinctive taste experiences.

HeyTea

Series A in 2016
HeyTea is a Chinese tea shop that specializes in innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in a riverside alley, it initially operated under the name ROYALTEA before rebranding to HeyTea. The franchise offers a diverse range of products, including instant milk, fruit, and traditional Chinese teas, allowing customers to experience unique blends of flavors. Through its creative approach to tea, HeyTea has positioned itself as a prominent player in the beverage market, appealing to a broad audience seeking new and distinctive taste experiences.

Lepur

Series A in 2015
LePur is a hand-made yogurt brand established in 2015, offering a diverse selection of high-quality yogurt products, including high-protein Greek yogurt and cereal. The company focuses on promoting a healthy lifestyle by providing innovative flavors made from fresh dairy and fruits, ensuring that consumers enjoy pure and natural yogurt. By sourcing ingredients from various global locations and utilizing advanced cold chain logistics technology, LePur is dedicated to delivering genuine ingredients in all its products.

Funiutang

Angel Round in 2014
Baman Beef Powder, fka Funiutang or F.N.T , is an O2O brand that specializes in Hunan beef noodles and instant beef powder. The company sells its products online and operates restaurants in Beijing.

JIANGXIAOBAI

Series A in 2014
Chinese sorghum spirit producer from Chongqing. Specializing in innovated light-aroma baijius with creative presentation.

Bamatea

Series A in 2013
Bamatea Co., Ltd. is a large-scale tea enterprise with the integration of a tea plantation base, production and processing, chain, and export. Bama tea originated from The Xinji Tea Shop a hundred years ago, and its boss, Wang Wenli, is a representative inheritor of intangible cultural heritage, as well as the 13th generation descendant of Wang Shirang, the man who discovered Tieguanyin tea. Bamatea owns and carries out its operations in three entities: Anxi Bama Tea Limited Company, Shenzhen Bama Tea Chain Limited Company, and Xiamen Bama Tea Limited Company. Currently, the company manages a tea base of over 50,000 mu and has an annual processing capability of 6,000 tons, with one of its factories, Longmen Processing Factory, being the most modern refinement processing factory of oolong and Tieguanyin in Asia. With close to 1,000 chain stores, Bamatea ranks second in China's tea industry.

Baosteel Packaging

Angel Round in 2012
Shanghai Baosteel Packaging Co., Ltd. specializes in can-making, metal decorating, and the production of easy-open ends (EOE). The company provides steel cans for major clients, including prominent brands in the food and beverage sectors, such as Coca Cola. Additionally, Baosteel Packaging offers UV metal color coating and printing services tailored to the needs of the industry. Headquartered in Shanghai, China, it operates as a subsidiary of Baosteel Metal Co., Ltd.

Tenfu

Private Equity Round in 2011
The Tenfu Corporation was conceived by “Worldwide King of Tea” (as per People’s Daily), Mr Lee Rie-Ho. We are a private label tea company based in the People’s Republic of China.

Tenfu

Series A in 2010
The Tenfu Corporation was conceived by “Worldwide King of Tea” (as per People’s Daily), Mr Lee Rie-Ho. We are a private label tea company based in the People’s Republic of China.

Chamate

Series C in 2008
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.

Chamate

Series B in 2006
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.

Chamate

Series A in 2005
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.
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