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The first firm to bring foreign venture capital to China. A global leader in venture capital, private equity and mergers and acquisitions.
Our investment partners include fund managers, sovereign wealth funds, pension funds, institutional investors, charities, university endowments and more.
Founded in 1992, IDG Capital has made more than 750 investments in companies in China and around the world.
More than 170 successful exits. We funded more than half of all Chinese unicorns in early rounds.
Coinbase, a San Francisco-based cryptocurrency exchange, has acquired Blockspring, which collects and analyze data for Application Programming Interfaces (APIs). Coinbase, currently valued at $8 billion, claims 20 million users worldwide and $150 billion in cryptocurrency trades. IDG Capital was an angel investor in Coinbase.
IDG Capital joined a $100 million Series C round for Kang Sheng Health Management, China's leading diabetes management platform. The Hangzhou-based firm, founded in 2014, generated $145.5 million in revenues last year. With more than 10 million registered users, Kang Sheng Health currently serves about 1,000 Chinese hospitals and plans to expand to a total of more than 5,000 hospitals in 2019.
Zoox, a Foster City, Calif.-based autonomous vehicle startup, named veteran Intel executive Aicha Evans as its new CEO. Evans, who spent 12 years at Intel in a variety of leadership roles, is one of the highest-profile black women to take a leadership position in Silicon Valley. Zoox also recently received a permit to test driverless vehicles in California. The company, currently valued at $3.2 billion, has 700 employees and completed a $500 million financing round in August. IDG Capital invested in Zoox in 2016.