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 Video

Sand AI

Venture Round in 2025
Sand AI is an AI company that focuses on producing videos.

HeyGen

Seed Round in 2022
HeyGen operates an artificial intelligence video platform that converts text into realistic spokesperson videos using digital avatars. The browser-based solution enables users to create videos without actors, cameras, or traditional editing, simply by inputting a narrative. The platform supports voice replication, avatar customization, and multilingual output, allowing content to be produced efficiently for diverse audiences. By removing production complexity, HeyGen helps organizations generate engaging video content at scale for marketing, training, and communications purposes.

Clapper

Seed Round in 2021
Clapper is a social media platform focused on authentic connections and community engagement. It enables adults to share real-life moments, opinions, and talents through brief mobile video content across the world. The platform is advertisement-free and aims to foster open self-expression without concerns about trolling or shadow banning, helping users connect with friends, family, and others who share similar interests while observing trends and real-life experiences as they unfold.

LaiHua

Series B in 2021
Laihua Digital Co, Ltd. is a company based in Shenzhen, China, that specializes in developing and operating a platform for video creation and customization. Founded in 2015, Laihua offers a range of services, including hand-drawn video creativity, customization, and educational resources for video makers. The platform caters to both businesses and individual users, providing professional video services alongside its unique hand-painted video capabilities.

Firework

Series A in 2021
Firework provides a video commerce platform that enables businesses to stream videos directly on their websites. Its features include in-video shopping, lead generation, live streaming events, and AI-powered video assistants, allowing brands to engage visitors and boost conversions.

ZEGOCLOUD

Venture Round in 2020
Shenzhen Zego Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in real-time cloud streaming services for audio and video communications. Founded in 2015, Zego offers a comprehensive platform that supports various functionalities, including one-to-one video calls, live broadcasting, and multi-party video conferencing. The platform also provides services for real-time audio streaming, voice chatrooms, and recording and archiving of events such as bank account openings and interviews. Zego targets enterprise and mobile application developers, focusing on delivering stable and high-quality voice and video services across diverse sectors, including social media, online education, and telemedicine. Additionally, the company provides a software development kit (SDK) to facilitate the integration of its services into other applications.

Firework

Series A in 2019
Firework provides a video commerce platform that enables businesses to stream videos directly on their websites. Its features include in-video shopping, lead generation, live streaming events, and AI-powered video assistants, allowing brands to engage visitors and boost conversions.

Shuashuakan

Angel Round in 2019
Beijing Shuashuakan Network Technology Co., Ltd. is a company that specializes in a short-video e-commerce application designed for user engagement in shopping and content sharing. Founded in 2018 and based in Beijing, China, the platform allows users to share their shopping experiences, consume short videos, and interact by commenting on content uploaded by others. This consumer experience video platform aims to enhance the shopping experience through short-form video content, creating a community where users can connect over shared interests in products and services.

Junwu Ciweimian

Series B in 2019
Junwu Ciweimian is a military-themed video production company.

Shanghai Lihuh Network Technology

Series B in 2018
Shanghai Lihuh Network Technology is a video platform operator.

Weiba

Series B in 2018
Weiba is a short voice and video community for chatting while watching.

Firework

Series A in 2018
Firework provides a video commerce platform that enables businesses to stream videos directly on their websites. Its features include in-video shopping, lead generation, live streaming events, and AI-powered video assistants, allowing brands to engage visitors and boost conversions.

Junwu Ciweimian

Series A in 2017
Junwu Ciweimian is a military-themed video production company.

ZEGOCLOUD

Series A in 2016
Shenzhen Zego Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in real-time cloud streaming services for audio and video communications. Founded in 2015, Zego offers a comprehensive platform that supports various functionalities, including one-to-one video calls, live broadcasting, and multi-party video conferencing. The platform also provides services for real-time audio streaming, voice chatrooms, and recording and archiving of events such as bank account openings and interviews. Zego targets enterprise and mobile application developers, focusing on delivering stable and high-quality voice and video services across diverse sectors, including social media, online education, and telemedicine. Additionally, the company provides a software development kit (SDK) to facilitate the integration of its services into other applications.

Junwu Ciweimian

Seed Round in 2015
Junwu Ciweimian is a military-themed video production company.

Faceu

Series A in 2014
Faceu is a Chinese mobile application specializing in online photo editing and sharing, designed to enhance user-generated content through augmented reality technology. The app enables users to capture pictures and videos using more than 300 live effects and fun stickers, which can be easily shared on various social media platforms. With a user base exceeding 250 million globally, approximately 75% of its users are women. Faceu focuses on providing an interactive experience by allowing users to apply facial-tracking stickers and edit their photos in real-time during video chats and selfies, streamlining the creative process and encouraging social engagement.

Light Chaser Animation

Series B in 2014
Light Chaser Animation Studios is an animation studio based in Beijing, China, founded in March 2013 by Gary Wang, the former CEO of Tudou.com. The company specializes in producing animated films that incorporate elements of Chinese culture, aiming to create world-class cinematic experiences. Light Chaser combines artistic creativity with strong business acumen, attracting top talent from both China and internationally. The studio focuses on delivering entertaining movies that resonate with audiences, leveraging its expertise in animation to establish a distinctive presence in the industry.

Faceu

Angel Round in 2014
Faceu is a Chinese mobile application specializing in online photo editing and sharing, designed to enhance user-generated content through augmented reality technology. The app enables users to capture pictures and videos using more than 300 live effects and fun stickers, which can be easily shared on various social media platforms. With a user base exceeding 250 million globally, approximately 75% of its users are women. Faceu focuses on providing an interactive experience by allowing users to apply facial-tracking stickers and edit their photos in real-time during video chats and selfies, streamlining the creative process and encouraging social engagement.

Light Chaser Animation

Series A in 2013
Light Chaser Animation Studios is an animation studio based in Beijing, China, founded in March 2013 by Gary Wang, the former CEO of Tudou.com. The company specializes in producing animated films that incorporate elements of Chinese culture, aiming to create world-class cinematic experiences. Light Chaser combines artistic creativity with strong business acumen, attracting top talent from both China and internationally. The studio focuses on delivering entertaining movies that resonate with audiences, leveraging its expertise in animation to establish a distinctive presence in the industry.

Cloudacc

Angel Round in 2012
Cloudacc is a company specializing in peer-to-peer (P2P) media streaming technology designed for video websites. Its solutions enable efficient video distribution through browser-based systems that support both Flash and HTML5, eliminating the need for additional clients or plug-ins. This innovative approach allows video platforms to significantly reduce bandwidth costs while maintaining stringent copyright protections. Cloudacc’s technology enhances the user experience by optimizing video streaming and downloading processes, making it an essential partner for companies in the media streaming industry.

Miliyo

Series B in 2012
Miliyo is a dating platform. Miliyo is available for ios and android systems. They implement a video authentication mechanism to prevent fake photos. Through their mechanism that offers manual on duty patrols, user reports, and illegal keyword alerts, they eliminate illegal information and lock relevant users.

CC video

Series B in 2011
CC video is a Chinese video operation platform and technology services provider. By February 2011, more than 120 thousand websites had been connected with the company’s video service platform. The daily view count is over 50 million times and uploaded video clips exceed 7 million. The video storage amount exceeds 130,000,000 million. Set up by Zhang Yuan in Peking University Science Park in 2005, CC video has its own intellectual property.

Wondershare Technology

Series B in 2011
Wondershare Technology offers digital creative software products and services. Their products include wondershare miaoying, wondershare uniconverter, wondershare recording, wondershare filmstock, and wondershare miaoku, a video creative material platform. For inquiries, their telephone number and address are available on their website.

Wondershare

Series B in 2011
Wondershare is a global software company focused on delivering innovative PC and internet applications for users worldwide. It has established a presence in key markets, including Japan, Europe, and the United States, with research and development centers located in Shenzhen, Beijing, and Hangzhou. With a workforce where over 70% are dedicated to R&D, Wondershare has built a substantial user base across more than 160 countries, experiencing significant growth with a compound annual growth rate exceeding 50%. The company's flagship product, Filmora Video Editor, allows users to create professional-quality videos easily, catering to popular platforms such as Facebook, YouTube, and Vimeo. Additionally, Wondershare expanded into the mobile sector with the launch of PowerCam, a photography and video application that gained over 10 million downloads shortly after its release, solidifying its competitive position in the market.

Tudou Holdings

Series D in 2010
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

Storm Player

Series C in 2008
Beijing Storm Technology Co., Ltd. is the developer of a video player called Storm Player. Established in 2006, Storm Technology has strived to provide internet users with high-quality internet video entertainment experiences. It developed the player software Kuree, which quickly developed into one of China’s three biggest player software. In 2007, Kuree merged with the original Storm Video team to set up Beijing Storm Internet Technology Co., Ltd. and became the biggest video solutions provider of China internet video playing. By January 2009, Storm Player was playing over 150 million videos per day for internet users, with around 22 million people using the product every day. The video files played by Storm Player account for 50% of the total videos played on the internet in China, making it the biggest internet video playing platform in China.

Tudou Holdings

Series C in 2008
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

CC video

Venture Round in 2008
CC video is a Chinese video operation platform and technology services provider. By February 2011, more than 120 thousand websites had been connected with the company’s video service platform. The daily view count is over 50 million times and uploaded video clips exceed 7 million. The video storage amount exceeds 130,000,000 million. Set up by Zhang Yuan in Peking University Science Park in 2005, CC video has its own intellectual property.

Analogix Semiconductor

Series B in 2007
Analogix Semiconductor, Inc. specializes in the design and manufacture of high-performance analog and mixed-signal semiconductor devices, primarily targeting the digital multimedia and communications markets. The company offers a range of products, including SlimPort solutions, timing controllers, and mobile display converters, which facilitate the transmission of high-quality video, audio, and data to various high-definition displays. Its product lineup includes the SlimPort ANX7688, a single-chip mobile transmitter capable of supporting 4K video resolution and high frame rates, catering to the needs of smartphones, tablets, and laptops. Founded in 2002 and headquartered in Santa Clara, California, Analogix also maintains offices in Beijing and Shenzhen, China, as well as locations in Taiwan, South Korea, and Japan, reinforcing its presence in the global semiconductor market.

Tudou Holdings

Series B in 2007
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

Storm Player

Series B in 2007
Beijing Storm Technology Co., Ltd. is the developer of a video player called Storm Player. Established in 2006, Storm Technology has strived to provide internet users with high-quality internet video entertainment experiences. It developed the player software Kuree, which quickly developed into one of China’s three biggest player software. In 2007, Kuree merged with the original Storm Video team to set up Beijing Storm Internet Technology Co., Ltd. and became the biggest video solutions provider of China internet video playing. By January 2009, Storm Player was playing over 150 million videos per day for internet users, with around 22 million people using the product every day. The video files played by Storm Player account for 50% of the total videos played on the internet in China, making it the biggest internet video playing platform in China.

Zonbo Media

Series C in 2007
Zonbo Media Co. Ltd. is a prominent media company based in Beijing, China, specializing in the investment, production, and distribution of films and television dramas in China and South Korea. Founded in 1999, Zonbo Media is recognized as one of the first companies to obtain a chartered qualification in film and television production. The company focuses on creating and publishing a diverse range of influential films and television content, as well as producing short video clips tailored for 3G users. Zonbo Media has established itself as a significant player in the media landscape by leveraging innovative content production strategies in both traditional and new media formats.

Kaola100

Series A in 2006
Kaola100.com is a modern distance education website launched in October 2012. It was established by Tianyi Culture which has its headquarters in Zhengzhou. Kaola100.com provides information about 26 different kinds of tests including medical examination, architecture examination, LCCIIQ, and academic education. Besides providing tests information, Kaola also has study programs and video courses. The online exam system of the website also includes real test papers, practice test and test key papers of all subjects.

Storm Player

Series A in 2006
Beijing Storm Technology Co., Ltd. is the developer of a video player called Storm Player. Established in 2006, Storm Technology has strived to provide internet users with high-quality internet video entertainment experiences. It developed the player software Kuree, which quickly developed into one of China’s three biggest player software. In 2007, Kuree merged with the original Storm Video team to set up Beijing Storm Internet Technology Co., Ltd. and became the biggest video solutions provider of China internet video playing. By January 2009, Storm Player was playing over 150 million videos per day for internet users, with around 22 million people using the product every day. The video files played by Storm Player account for 50% of the total videos played on the internet in China, making it the biggest internet video playing platform in China.

Funinhand

Series B in 2006
Guangzhou Funinhand Electronic Technology Co., Ltd. specializes in mobile streaming media and video compression technology. Founded in 2002 and based in Guangzhou, China, the company offers a range of products including the Funinhand Encoder, which handles video and audio encoding, and the Funinhand Platform, designed for mobile streaming management and delivery. Additionally, Funinhand provides Fondoplayer, a media player, and Funinhand Share, which facilitates the transcoding of real-time files captured by cameras to H.264 format. The company also delivers various solutions such as MOD, video email, and mobile remote-stakeout services, catering to mobile operators, video and audio copyright publishers, and terminal manufacturers. Recognized as a Global Electronic Pioneer by Forbes in 2004, Funinhand operates across multiple wireless networks, including 2.5G, 2.75G, 3G, and Wi-Fi, ensuring effective direct television transmissions to mobile users.

Zonbo Media

Series B in 2006
Zonbo Media Co. Ltd. is a prominent media company based in Beijing, China, specializing in the investment, production, and distribution of films and television dramas in China and South Korea. Founded in 1999, Zonbo Media is recognized as one of the first companies to obtain a chartered qualification in film and television production. The company focuses on creating and publishing a diverse range of influential films and television content, as well as producing short video clips tailored for 3G users. Zonbo Media has established itself as a significant player in the media landscape by leveraging innovative content production strategies in both traditional and new media formats.

Tudou Holdings

Series A in 2006
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

Impression Wonders

Series A in 2006
Impression Wonders provides landscape performances and situational experience dramas. They also provide audio-visual feast of impact and shock. Additionally, they also provide imaginative and visually stunning lighting effects and even 3D animation effects.

Tudou Holdings

Angel Round in 2005
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

Bokee

Series D in 2005
Bokee.com, originally known as blogchina.com, is a neutral, open platform that allows users to share information through various mediums including blogs, photos, videos, podcasts, and mobile content. Founded in August 2002 by IT analyst Fang Xingdong, Bokee has evolved from a text-focused blogging site into a comprehensive knowledge portal. The company offers personalized web services such as photo sharing, music, video, social networking, and wireless value-added features, enabling users to share their knowledge with others.

Analogix Semiconductor

Series B in 2005
Analogix Semiconductor, Inc. specializes in the design and manufacture of high-performance analog and mixed-signal semiconductor devices, primarily targeting the digital multimedia and communications markets. The company offers a range of products, including SlimPort solutions, timing controllers, and mobile display converters, which facilitate the transmission of high-quality video, audio, and data to various high-definition displays. Its product lineup includes the SlimPort ANX7688, a single-chip mobile transmitter capable of supporting 4K video resolution and high frame rates, catering to the needs of smartphones, tablets, and laptops. Founded in 2002 and headquartered in Santa Clara, California, Analogix also maintains offices in Beijing and Shenzhen, China, as well as locations in Taiwan, South Korea, and Japan, reinforcing its presence in the global semiconductor market.

Bokee

Series A in 2004
Bokee.com, originally known as blogchina.com, is a neutral, open platform that allows users to share information through various mediums including blogs, photos, videos, podcasts, and mobile content. Founded in August 2002 by IT analyst Fang Xingdong, Bokee has evolved from a text-focused blogging site into a comprehensive knowledge portal. The company offers personalized web services such as photo sharing, music, video, social networking, and wireless value-added features, enabling users to share their knowledge with others.

Funinhand

Series A in 2004
Guangzhou Funinhand Electronic Technology Co., Ltd. specializes in mobile streaming media and video compression technology. Founded in 2002 and based in Guangzhou, China, the company offers a range of products including the Funinhand Encoder, which handles video and audio encoding, and the Funinhand Platform, designed for mobile streaming management and delivery. Additionally, Funinhand provides Fondoplayer, a media player, and Funinhand Share, which facilitates the transcoding of real-time files captured by cameras to H.264 format. The company also delivers various solutions such as MOD, video email, and mobile remote-stakeout services, catering to mobile operators, video and audio copyright publishers, and terminal manufacturers. Recognized as a Global Electronic Pioneer by Forbes in 2004, Funinhand operates across multiple wireless networks, including 2.5G, 2.75G, 3G, and Wi-Fi, ensuring effective direct television transmissions to mobile users.

Zonbo Media

Venture Round in 2003
Zonbo Media Co. Ltd. is a prominent media company based in Beijing, China, specializing in the investment, production, and distribution of films and television dramas in China and South Korea. Founded in 1999, Zonbo Media is recognized as one of the first companies to obtain a chartered qualification in film and television production. The company focuses on creating and publishing a diverse range of influential films and television content, as well as producing short video clips tailored for 3G users. Zonbo Media has established itself as a significant player in the media landscape by leveraging innovative content production strategies in both traditional and new media formats.
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