IDG Capital is a global investment firm founded in Boston in 1992 and active in China since 1993. With headquarters in Beijing and operations in 15 cities including New York, London, Shanghai, Hong Kong and Seoul, the firm manages about $20 billion in assets. Its team invests across private equity, venture capital and mergers and acquisitions, partnering with companies at every stage of growth from seed rounds through public listings.
Industry expertise spans technology, healthcare, fintech, industrial tech and consumer brands, and the firm pursues opportunities at every funding stage from seed to buyout. Beyond providing capital, the firm offers portfolio companies guidance on corporate management, global strategy, exit planning and marketing, while connecting them to a worldwide network of industry contacts. IDG Capital has backed market leaders such as Baidu, Tencent, Xiaomi and Meituan, and more than 25 of its investments have reached valuations above $1 billion.
A major focus is clean technology and battery solutions, with over $2.1 billion invested as of November 2023. The firm’s cleantech portfolio includes renewable energy, electric vehicles, fuel cells and energy storage systems. Notable investments include Aiko Solar Energy, a producer of solar cells and integrated PV storage solutions, and Anker Innovations, a leader in consumer charging devices. Dedicated thematic funds include a Vietnam Clean Energy Fund targeting $300 million in equity and a Zero-Carbon Technology Fund in China with CNY10 billion for solar, wind, storage, smart grids, hydrogen and carbon management. These efforts helped avoid more than 11 million tons of carbon emissions in 2022, up from 6.5 million tons the year before.
