Fundraising Fox

IDG Capital

Venture capital

Hong Kong · Pre-Seed–Late Stage · 5 people tracked

Also known as IDG CAPITAL FUND MANAGEMENT LTD. · IDG CAPITAL MEGA FUND MANAGEMENT LTD. · IDG Capital Project · IDG VC MANAGEMENT LTD.

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Investment thesis

IDG Capital positions itself as a long-term, multi-strategy investment platform partnering with entrepreneurs across every stage of the business lifecycle. Originally the venture arm of IDG and one of the first institutions to conduct private equity investing in China, it has expanded across venture capital, private equity, M&A, and secondary market investments. The firm emphasizes decade-long partnerships (average investment of 10 years), a globally dispersed multilingual team, and deep local roots combined with a global perspective. It aims to become a 100-year firm, empowering founders worldwide to build enduring companies.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$3M – $200M
HQ
Hong Kong, NY, HK
Instruments
Equity
Founded
1993
AUM
$3B
VC funds
14
Tracked investments
13

Team · 5 people

from curated

What they invest in

from 5 of 13 portfolio companies

AI & Machine Learning ×2Enterprise Software ×2SaaS ×2Biotech ×1Crypto & Web3 ×1Cybersecurity ×1Deep Tech ×1Developer Tools ×1

HQs:United States×2China×1

Investments · 13 tracked

founders shown can be your intro path
Acne Studios

Contemporary fashion and accessories

Archonarchon.bio

Archon Biosciences develops a computational protein design platform leveraging AI and deep learning for therapeutic and vaccine applications.

AI & Machine LearningBiotechDeep TechSeattle, US

George Ueda, Ph.D.(Chief Technology Officer, Co-Founder)James Lazarovits, Ph.D.(Chief Executive Officer, Co-Founder)

Archonarchon.incin𝕏

Archon provides compliance services that accelerate the federal authorization process for software vendors selling to government agencies, reducing typical timelines and associated expenses.

CybersecurityGovTechSan Francisco, US

George Parks(Founder and CEO)in

Bambu Labbambulab.com
Circle
Contasticsugarcrm.comin𝕏acquired by SugarCRM

SugarCRM is a customer relationship management (CRM) platform designed for sales teams to manage customer data, track deals, and streamline sales processes.

Enterprise SoftwareSaaSSales Tech

i-Incubator Healthcare
Insta360insta360.com
Lakrids by Bülow

Premium confectionery brand offering gourmet liquorice with fine chocolate

Moncler

High-performance outerwear for mountaineering and cold weather

Multichainmultichain.com𝕏

Coin Sciences is a blockchain technology company that develops distributed ledger infrastructure and platforms.

Crypto & Web3Developer Tools

Dr Gideon Greenspan(CEO and Architect)Dr Michael Rozantsev(CTO and Internals)

BoardAvrom Gilbert(Strategic Advisor)

Sanjiekesanjieke.cn

Sanjieke is a China-based digital talent training provider that offers online learning platforms and courses to enterprises and individuals for digital transformation and workforce upskilling.

AI & Machine LearningEdTechEnterprise SoftwareSaaSBeijing, CN

后显慧 (Luke Hou)(Founder & CEO)

Tencent

Social, gaming & internet services

Frequently asked questions

What stage does IDG Capital invest at?
IDG Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is IDG Capital's typical check size?
IDG Capital typically writes checks of $3M – $200M.
What sectors does IDG Capital focus on?
IDG Capital focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Crypto & Web3, Data & Infrastructure, E-commerce, Energy, Enterprise Software, Hardware, Healthtech, Media & Entertainment, Medical Devices, New Materials, SaaS, Sector Agnostic, Semiconductors.
Where is IDG Capital located?
IDG Capital is headquartered in Hong Kong, HK.

Images

IDG Capital photoIDG Capital photoIDG Capital photo

Co-investors · 17

Morningside Venture Capital Limited

5Y Capital positions itself as entrepreneurs who happen to run a venture firm, focusing on finding founders with "crazy" visions that contradict market consensus when others dismiss them as unrealistic. The firm has built a track record of early bets on Chinese tech leaders like Kuaishou, Xiaomi, and SenseTime, while deliberately expanding into new domains like AI infrastructure and biotech despite having no prior experience in those sectors.

Both backed · 1
Bambu Lab
$5M – $400M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

$4.4M – $214M
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
True Ventures

True Ventures is an early-stage venture capital firm that writes the first check for founders and supports them through subsequent stages of growth.

$500K – $3M
IVP (Institutional Venture Partners)

IVP (Institutional Venture Partners) is a venture capital firm that backs high-growth companies, drawing on five decades of experience investing in 400 companies with 135+ IPOs.

$15M – $75M
Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

$500K – $10M
Caffeinated Capital

Caffeinated Capital is a venture firm based in San Francisco and New York that leads seed and Series A rounds and continues investing throughout the life of technology companies.

$3M – $50M
Ribbit Capital

Ribbit Capital is a venture firm that partners with founders challenging incumbents across industries including AI, global commerce, infrastructure, wealth management, money movement, identity, data, and energy, with a particular emphasis on brand-building.

$100K – $15M
Base10 Partners

Base10 Partners is a venture capital firm that invests in automation technologies for the real economy, backing companies addressing problems relevant to the broad majority of people. The firm pledges to donate 50% of certain proceeds to support the next generation of technology founders.

$100K – $5M
Mucker Capital

Mucker Capital is a venture capital firm that provides Seed and Series A capital and hands-on guidance to startups located outside Silicon Valley, across the United States, Canada, and beyond. It also runs MuckerLab, a pre-seed accelerator working with 20-25 companies per year.

$250K – $750K
Angular Ventures

Angular Ventures is a venture capital firm that provides early-stage funding to founders operating in global markets.

$200K – $3M
Griffin Gaming Partners

Griffin Gaming Partners is a venture firm focused on the gaming industry, investing across indie games, software and infrastructure, developers and publishers, and platforms.

5 more co-investors

GSR VenturesGlade Brook Capital PartnersLightspeed China PartnersGaorong VenturesJoy Capital

Firms observed investing alongside IDG Capital, from public investor directories. Shared companies are the overlap with IDG Capital's recorded portfolio.

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