Investor profile
IDG Capital
See how your deck fits this investor's thesis, stage, and ticket size.
Analyse your fitInvestment thesis
IDG Capital is a global multi-strategy investment platform that has stood alongside founders for over 30 years, from initial fundraising through to exit. Founded in 1993 as the venture arm of International Data Group and one of the first foreign institutions to conduct private equity investing in China, the firm has evolved into an independent platform spanning venture capital, growth equity, buyout, secondary markets, and public markets — with over US$30 billion in AUM across 12 global offices. IDG emphasizes decade-long partnerships (average investment horizon of 10 years), a globally dispersed multilingual team, and deep local roots combined with a global perspective, with the stated ambition of becoming a 100-year firm. The firm invests across consumer technology, healthcare, advanced manufacturing, AI/ML, fintech, and clean tech, with a particular focus on China and cross-border opportunities bridging East and West.
Notable quotes
“Listening is an art in our business. If we understand what founders want and need, and if we're clear on the state of the market, we're in a great place to help them go the distance.”
“To be a successful private equity and venture capital investor, you need to have dreams. The dream is to find good companies and then grow with them. But the dreams will also make you curious and unsatisfied. It is that spirit of curiosity and persistence that has helped many PE investors overcome stiff challenges and march on the path of success.”
“I have always believed that to invest in an industry, you must test the waters yourself, otherwise you can only linger in the shallows and never enjoy the ultimate challenge and joy of riding the waves of the sea.”
Team
Alexandre Quirici
Partner
Duc Tran
Partner (Vietnam)
Jingbo Wang
Partner
Ping Zhai
Partner
Quan Zhou
Co-Founding Partner
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Moonshot AI (Kimi) | Pre-IPO / Late Stage | $3.5b | 2026-07 |
| Hypershell | Series B+ | $50m | 2026-05 |
| ROBOTERA | Series B+ | $200m | 2026-05 |
| Bambu Lab | Series A | — | 2022 |
| Circle | Series E | — | — |
| Tencent | Early Stage VC | — | 1999 |
| Baidu | Early Stage VC | — | 2000 |
| Xiaomi | Series A | — | 2010 |
| Meituan | Series B | — | 2012 |
| Insta360 | Growth | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Hillhouse Capital | 17 |
| Sequoia Capital | 12 |
| 5Y Capital | 8 |
| Qiming Venture Partners | 7 |
| Morningside Venture Capital | 6 |
| Tencent Investment | 6 |
Fit check
Is IDG Capital a match for your startup?
Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.
Analyse your fit