IDG Capital

IDG Capital is a Beijing-based venture and growth-stage investment firm that backs technology-enabled companies across global markets, with a strong emphasis on China and Asia. It invests across seed, early, later, and growth stages and pursues buyouts, with interests spanning information technology, software, consumer products and services, healthcare, energy, SaaS, mobile, TMT, and advanced manufacturing. The firm leverages a worldwide network of limited partners, including sovereign wealth funds, pension funds, institutional investors, and philanthropic and educational endowments, to support portfolio companies. With deep local market knowledge and extensive relationships with business leaders, IDG Capital combines global perspective with local execution to facilitate inbound and outbound opportunities in China and the broader Asian region.

Xiaohui Cao

Partner

Guangfu Cui

Partner

Jun Fang

Partner

Mei Gao

Partner

Young Guo

General Partner

Past deals in GovTech

ChiefClouds

Series B in 2023
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.

Kingstar

Venture Round in 2022
Kingstar is a fintech service provider that specializes in delivering comprehensive solutions for large financial institutions. The company focuses on the digital transformation of the capital markets, offering a range of services including trading management systems, risk management solutions, and educational software. Kingstar's expertise encompasses distributed architecture transaction support and operational systems specifically tailored for the securities industry. Additionally, the firm provides risk and internal control management systems that address the needs of the financial securities sector throughout various stages of operation. By concentrating on areas such as capital markets and enterprise risk management, Kingstar aims to enhance efficiency for organizations, private sectors, and government agencies.

ChiefClouds

Series A in 2021
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.

RootCloud

Series C in 2020
RootCloud is a Beijing-based cloud computing platform founded in 2016, specializing in industrial Internet-of-Things (IoT) applications. It offers a comprehensive solution that encompasses various layers, including connection, platform, and application layers, aimed at enhancing industrial operations. The company primarily serves machine manufacturers, equipment users, government agencies, and social organizations, providing services such as smart manufacturing, research and development, and equipment financing. RootCloud leverages its extensive expertise in IoT and big data to support digital transformation and life-cycle management for large-scale manufacturing enterprises. By delivering service-as-a-service applications on public cloud infrastructure, RootCloud enables clients to improve operational efficiency and product quality, fundamentally reshaping the way industrial enterprises manage their businesses.

Qi An Xin

Private Equity Round in 2019
Qi An Xin Group is a prominent cybersecurity company based in Beijing, China, specializing in the protection of critical internet assets across various sectors, including government, finance, energy, and telecommunications. Founded in 2015, the company has experienced rapid growth, achieving over 90% consecutive compound annual growth rate since its inception. Qi An Xin offers a range of security solutions, including big data security, endpoint security, content security, and advanced detection and monitoring systems for cyber threats such as DDoS attacks and phishing. With a workforce of over 6,000 professionals, the company has successfully implemented its technologies in approximately 90% of government departments, state-owned enterprises, and major banks in China. Since 2019, Qi An Xin has also begun expanding its international presence, establishing operations in countries such as Indonesia, Singapore, Canada, Hong Kong, and Macao.

Vika

Angel Round in 2019
Vika, Inc. is a digital transformation technology company based in Shenzhen, China, founded in 2019. It specializes in providing IT consultation and integration services designed to enhance business operations. The company offers a comprehensive range of solutions, including customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), and intelligent office automation. Vika focuses on building private domain flow pools, establishing user profiles, and collecting user data to create a solid data foundation for informed business decisions. Through its one-stop digital transformation solutions, Vika aims to facilitate the seamless integration of technology into various business processes.

DTWave

Series A in 2019
DTWave is a professional big data service company that focuses on enterprise data assetization and enhancing the application value of data. It aims to aid corporate and government clients in transforming raw data into productive assets by leveraging advanced big data concepts and practical expertise. The company specializes in integrating both online and offline user data to create comprehensive data assets that are meticulously analyzed, tracked, and debugged. This process ensures that the data is accurate and reflective of user behavior, ultimately improving the productivity of enterprises and the governance capabilities of governmental organizations. By harnessing cloud computing and algorithmic solutions, DTWave enhances its clients' operational efficiency and decision-making processes.

DTWave

Series A in 2018
DTWave is a professional big data service company that focuses on enterprise data assetization and enhancing the application value of data. It aims to aid corporate and government clients in transforming raw data into productive assets by leveraging advanced big data concepts and practical expertise. The company specializes in integrating both online and offline user data to create comprehensive data assets that are meticulously analyzed, tracked, and debugged. This process ensures that the data is accurate and reflective of user behavior, ultimately improving the productivity of enterprises and the governance capabilities of governmental organizations. By harnessing cloud computing and algorithmic solutions, DTWave enhances its clients' operational efficiency and decision-making processes.

SpeakIn

Series B in 2018
SpeakIn, founded in 2015 and based in Guangzhou, China, specializes in voiceprint recognition security solutions tailored for public security and judicial institutions. The company offers a comprehensive system that includes the construction of voiceprint databases for key personnel, automatic voiceprint recognition, and identification services. By leveraging advanced voiceprint recognition and big data technology, SpeakIn aids in key personnel supervision, anti-telecom fraud measures, counter-terrorism efforts, and criminal case detection. Their solutions enhance identity verification processes and contribute to creating a safer public environment. Additionally, SpeakIn's technology can recognize different speakers' genders and emotions, allowing for effective voice information collection and analysis, even in complex sound settings.

HanSight

Series B in 2017
HanSight is a company focused on transforming the cybersecurity landscape through its advanced big data analytics platform and patented machine learning algorithms. Established in 2014 by experienced professionals from Trend Micro, Microsoft, and Oracle, the company aims to empower organizations to detect and prevent cyber breaches, fraud, and insider threats in real time with enhanced accuracy. HanSight's platform integrates various data sources, including security product logs, network traffic data, user behavior activities, and business applications. By employing security semantics-aware machine learning algorithms and global cyber threat intelligence, the company seeks to deliver a comprehensive security solution that is both mature and compatible with existing systems. Trusted by large banks, telecommunications firms, and government agencies, HanSight is recognized for its innovative approach to cybersecurity.

MulangCloud

Series A in 2017
Mulang Cloud is engaged in the research and development of data management services for governments and enterprises. It also provides products for cloud backup, intelligent data management, and data security. They have solutions for backup and recovery, remote replication and disaster recovery, and hybrid cloud disaster recovery.

SpeakIn

Series A in 2017
SpeakIn, founded in 2015 and based in Guangzhou, China, specializes in voiceprint recognition security solutions tailored for public security and judicial institutions. The company offers a comprehensive system that includes the construction of voiceprint databases for key personnel, automatic voiceprint recognition, and identification services. By leveraging advanced voiceprint recognition and big data technology, SpeakIn aids in key personnel supervision, anti-telecom fraud measures, counter-terrorism efforts, and criminal case detection. Their solutions enhance identity verification processes and contribute to creating a safer public environment. Additionally, SpeakIn's technology can recognize different speakers' genders and emotions, allowing for effective voice information collection and analysis, even in complex sound settings.

DTWave

Seed Round in 2016
DTWave is a professional big data service company that focuses on enterprise data assetization and enhancing the application value of data. It aims to aid corporate and government clients in transforming raw data into productive assets by leveraging advanced big data concepts and practical expertise. The company specializes in integrating both online and offline user data to create comprehensive data assets that are meticulously analyzed, tracked, and debugged. This process ensures that the data is accurate and reflective of user behavior, ultimately improving the productivity of enterprises and the governance capabilities of governmental organizations. By harnessing cloud computing and algorithmic solutions, DTWave enhances its clients' operational efficiency and decision-making processes.

DTWave

Angel Round in 2016
DTWave is a professional big data service company that focuses on enterprise data assetization and enhancing the application value of data. It aims to aid corporate and government clients in transforming raw data into productive assets by leveraging advanced big data concepts and practical expertise. The company specializes in integrating both online and offline user data to create comprehensive data assets that are meticulously analyzed, tracked, and debugged. This process ensures that the data is accurate and reflective of user behavior, ultimately improving the productivity of enterprises and the governance capabilities of governmental organizations. By harnessing cloud computing and algorithmic solutions, DTWave enhances its clients' operational efficiency and decision-making processes.

Emicnet

Series B in 2016
Emicnet is a provider of communication solutions tailored for various sectors, including commercial enterprises, governmental agencies, financial services, education, real estate, and transportation. The company specializes in developing a voice communication platform that leverages cloud technology to enhance business interactions. This platform enables users to organize voice meetings and manage contacts effectively, offering multiple modes of communication such as mail, phone, and physical address. Emicnet's solutions are designed to improve connectivity and streamline communication processes across diverse industries.

Jusfoun Big Data

Series B in 2015
Jusfoun Big Data Information Group Co., Ltd., founded in 2010 and based in Beijing, China, specializes in big data asset management and services. The company is notable for launching the Global Big Data Exchange in 2015, the world's first exchange of its kind, located in Guiyang, Guizhou Province. Jusfoun has developed over 500 big data platforms and provides a range of services, including data mining, cleaning, design, and visualization. The firm has delivered tailored solutions to more than 80 cities, addressing challenges related to city management, environmental concerns, and public convenience. Its clientele extends to commercial banks, government credit institutions, internet finance companies, and securities firms, reflecting its role as a key player in the big data industry.

Baifendian

Series D in 2015
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.

Jusfoun Big Data

Series A in 2015
Jusfoun Big Data Information Group Co., Ltd., founded in 2010 and based in Beijing, China, specializes in big data asset management and services. The company is notable for launching the Global Big Data Exchange in 2015, the world's first exchange of its kind, located in Guiyang, Guizhou Province. Jusfoun has developed over 500 big data platforms and provides a range of services, including data mining, cleaning, design, and visualization. The firm has delivered tailored solutions to more than 80 cities, addressing challenges related to city management, environmental concerns, and public convenience. Its clientele extends to commercial banks, government credit institutions, internet finance companies, and securities firms, reflecting its role as a key player in the big data industry.

MulangCloud

Angel Round in 2014
Mulang Cloud is engaged in the research and development of data management services for governments and enterprises. It also provides products for cloud backup, intelligent data management, and data security. They have solutions for backup and recovery, remote replication and disaster recovery, and hybrid cloud disaster recovery.

Emicnet

Series A in 2014
Emicnet is a provider of communication solutions tailored for various sectors, including commercial enterprises, governmental agencies, financial services, education, real estate, and transportation. The company specializes in developing a voice communication platform that leverages cloud technology to enhance business interactions. This platform enables users to organize voice meetings and manage contacts effectively, offering multiple modes of communication such as mail, phone, and physical address. Emicnet's solutions are designed to improve connectivity and streamline communication processes across diverse industries.

Baifendian

Series B in 2013
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.

Jusfoun Big Data

Angel Round in 2012
Jusfoun Big Data Information Group Co., Ltd., founded in 2010 and based in Beijing, China, specializes in big data asset management and services. The company is notable for launching the Global Big Data Exchange in 2015, the world's first exchange of its kind, located in Guiyang, Guizhou Province. Jusfoun has developed over 500 big data platforms and provides a range of services, including data mining, cleaning, design, and visualization. The firm has delivered tailored solutions to more than 80 cities, addressing challenges related to city management, environmental concerns, and public convenience. Its clientele extends to commercial banks, government credit institutions, internet finance companies, and securities firms, reflecting its role as a key player in the big data industry.

Baifendian

Series A in 2011
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.

Cyzone

Angel Round in 2007
Cyzone is a media platform dedicated to supporting Chinese entrepreneurs and the growth of medium- and small-sized enterprises in China. As the exclusive Chinese partner of Entrepreneur Magazine, Cyzone offers valuable resources and activities that facilitate networking and partnership-building among entrepreneurs. The platform provides a comprehensive suite of services, including media information, digital exhibitions, data research, innovation consulting, education and training, and capital docking, aimed at enhancing economic innovation. By connecting high-growth enterprises, financial institutions, large industrial companies, and government parks, Cyzone enables its users to access timely and in-depth information, ultimately helping them integrate into the global business environment and expand their operations internationally.

Xiaoi Robot

Series B in 2007
Shanghai Xiaoi Robot Technology Co., Ltd specializes in artificial intelligence (AI) technologies and applications, providing solutions across multiple industries, including telecommunications, finance, government, e-commerce, and healthcare. Founded in 2001 and based in Shanghai, the company has developed an extensive industrial knowledge base and a sophisticated human-machine dialogue engine. Its offerings encompass a wide range of core AI technologies, such as natural language processing, speech recognition, machine learning, and big data analytics. Xiaoi Robot operates a robust AI cloud service platform that enhances AI output through real user data, boasting over 1 billion users and facilitating more than 100 billion interactions globally. The company is recognized for its innovation, holding numerous national patents in areas like natural language processing and human-machine interaction. Through its diverse product portfolio, Xiaoi Robot generates revenue from software and cloud platform services, as well as maintenance and support services.

China Communications Services

Private Equity Round in 2006
China Communications Services Corporation Limited is a prominent provider of telecommunications support services globally. The company specializes in telecommunications infrastructure, offering services such as network consultation, planning, design, engineering, construction, and supervision for fixed-line, mobile, and broadband networks. It also provides business process outsourcing, including network maintenance for various telecommunications equipment and facilities management for data centers and commercial buildings. In addition, the company delivers integrated solutions for informatization and smart industry applications, along with logistics, procurement, and supply chain services. It serves a diverse clientele, including telecommunications operators, government agencies, and enterprises across multiple sectors such as construction, transportation, and finance. Established in 2006 and headquartered in Beijing, China Communications Services is a subsidiary of China Telecommunications Corporation and is recognized as the first productive service enterprise in the communication industry to go public abroad.

Xiaoi Robot

Series A in 2005
Shanghai Xiaoi Robot Technology Co., Ltd specializes in artificial intelligence (AI) technologies and applications, providing solutions across multiple industries, including telecommunications, finance, government, e-commerce, and healthcare. Founded in 2001 and based in Shanghai, the company has developed an extensive industrial knowledge base and a sophisticated human-machine dialogue engine. Its offerings encompass a wide range of core AI technologies, such as natural language processing, speech recognition, machine learning, and big data analytics. Xiaoi Robot operates a robust AI cloud service platform that enhances AI output through real user data, boasting over 1 billion users and facilitating more than 100 billion interactions globally. The company is recognized for its innovation, holding numerous national patents in areas like natural language processing and human-machine interaction. Through its diverse product portfolio, Xiaoi Robot generates revenue from software and cloud platform services, as well as maintenance and support services.

Beijing Booksir

Venture Round in 2002
"Beijing Booksir Company (北京书生公司) is a Chinese software company engaged in replacing traditional paper with digital technology and providing related technologies and services. The national ministries and commissions, provincial governments, and more than 100 enterprises are clients of the company, while a total of about hundreds of millions of government documents have adopted the SEP technology of the company. Booksir also provides solutions in the areas of electronic official document, digital library, file management, and more. It always takes independent innovation as the core competitiveness of the company’s development and its applications of patents in China, the United States, Europe, and Japan have accumulated several hundred users. Booksir was founded in 1996.

Kingdee

Series B in 1999
Kingdee is a prominent Chinese software company specializing in management and cloud services. It offers a comprehensive range of solutions, including enterprise resource planning (ERP), financial cloud services for small and micro businesses, and industry-specific cloud services. Kingdee's core business revolves around the development and sales of software products, along with providing software implementation, consulting, maintenance, and upgrade services. The company serves over one million clients, including enterprises and government organizations, and has established a significant presence in China's software market, being recognized as the leader in small and medium enterprise software solutions for nine consecutive years. With a vast network of over 2,000 partners, Kingdee continues to innovate and expand its offerings in the digital management space, making it a key player in the industry.

Tongtech

Venture Round in 1999
Beijing Tongtech Company specializes in the development and promotion of software infrastructure and applications, focusing on middleware and Vertical Solution Packages (VSP). The company operates within a business oriented architecture (BOA) framework, which is structured in three layers: basic middleware, integration middleware, and VSP. Tongtech provides a range of solutions, including information security, big data management, wireless network optimization, and mobile application products. Its offerings cater to various industries, including finance, communications, government, energy, and transportation, aiming to enhance operational efficiency and security for its clients.

Kingdee

Series A in 1998
Kingdee is a prominent Chinese software company specializing in management and cloud services. It offers a comprehensive range of solutions, including enterprise resource planning (ERP), financial cloud services for small and micro businesses, and industry-specific cloud services. Kingdee's core business revolves around the development and sales of software products, along with providing software implementation, consulting, maintenance, and upgrade services. The company serves over one million clients, including enterprises and government organizations, and has established a significant presence in China's software market, being recognized as the leader in small and medium enterprise software solutions for nine consecutive years. With a vast network of over 2,000 partners, Kingdee continues to innovate and expand its offerings in the digital management space, making it a key player in the industry.
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