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 Augmented Reality

MiniMax

Seed Round in 2022
Founded in December 2021, MiniMax has been dedicated to the development of large-scale AI models from its inception. Its focus on cutting-edge research and practical applications has established it as a leader in the field. In April 2023, MiniMax launched its API platform, enabling enterprises to access large language model capabilities. By June, it introduced Talkie, an AI-native character community application aimed at international markets. November 2023 saw the release of MiniMax’s speech large model, further expanding its multimodal capabilities. In April 2024, MiniMax debuted the abab6.5 series, featuring a trillion-parameter MoE architecture, alongside the launch of the Hailuo AI App. September 2024 marked the release of Hailuo AI Video, empowering creators with AI-driven video tools. In November, MiniMax unveiled the abab7-preview model, pushing the boundaries of AI in text, mathematics, and multimedia processing. Today, MiniMax’s models handle 3 billion daily interactions, process over 3 trillion tokens, generate 20 million images, and produce 70,000 hours of speech every day, demonstrating its profound impact on global AI innovation.

GravityXR

Angel Round in 2021
GravityXR develops and manufactures specialized chips and components for extended reality (XR) devices, including AR glasses processors, VR headset chips, MR device modules, and supporting hardware solutions. They offer comprehensive technical services, such as software suites and prototype development support.

Insta360

Series C in 2019
Insta360 is a technology company based in Shenzhen that specializes in innovative camera solutions designed to enhance how users capture and share experiences. Established in 2014, the company has emerged as a leader in the 360-degree camera market, offering a range of products tailored for various needs, including professional creators and casual users. Their offerings include lightweight portable cameras, mobile phone attachments, cameras specifically designed for vlogging, and advanced VR cinematic cameras. These products enable high-definition 360-degree photos and videos, allowing users to live-stream their experiences on major social media platforms. Through its commitment to performance and accessibility, Insta360 empowers users to relive and share their moments in immersive detail, particularly when experienced through virtual reality headsets.

DGene

Series A in 2018
DGene is a provider of virtual and augmented reality solutions, focusing on a diverse range of applications across various industries. Its technology is utilized in digital entertainment, real estate, education, healthcare, and tourism. DGene leverages artificial intelligence and emerging technologies to enhance content creation, offering innovative solutions such as AI actors, virtual production, visual effects, and digital influencers. The company also specializes in real-time holograms and 3D reconstruction, catering to the evolving needs of e-commerce, cinema, and broadcasting sectors. Through its advancements, DGene aims to transform how users interact with and experience digital environments.

Kujiale

Series D in 2018
Kujiale operates an online platform specializing in home decoration and furnishing information. Based in Hangzhou, China, it offers tools for creating 3D models, applying textures, and visualizing designs in various formats.

Rokid Technology

Series B in 2018
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

RGBVR

Series A in 2017
RGBVR is an interactive broadcast platform and VR/AR technology company.

Kujiale

Series C in 2016
Kujiale operates an online platform specializing in home decoration and furnishing information. Based in Hangzhou, China, it offers tools for creating 3D models, applying textures, and visualizing designs in various formats.

Rokid Technology

Series B in 2016
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

DKVISION

Series A in 2016
DKVISION is a company focused on the development of immersive virtual and augmented reality applications and hardware. By leveraging advanced computer vision technology, DKVISION creates innovative experiences that offer cinematic visual engagement for users. The company's expertise lies in merging hardware with cutting-edge software to enhance the way individuals interact with digital environments, making it a key player in the immersive technology sector.

DataMesh

Series A in 2016
DataMesh specializes in digital twin and mixed reality solutions, transforming industries through real-time data integration with immersive 3D environments. Its flagship platform, FactVerse, enables precise simulations, effective training, and efficient maintenance workflows across manufacturing, construction, and facility management sectors.

Insta360

Series B in 2016
Insta360 is a technology company based in Shenzhen that specializes in innovative camera solutions designed to enhance how users capture and share experiences. Established in 2014, the company has emerged as a leader in the 360-degree camera market, offering a range of products tailored for various needs, including professional creators and casual users. Their offerings include lightweight portable cameras, mobile phone attachments, cameras specifically designed for vlogging, and advanced VR cinematic cameras. These products enable high-definition 360-degree photos and videos, allowing users to live-stream their experiences on major social media platforms. Through its commitment to performance and accessibility, Insta360 empowers users to relive and share their moments in immersive detail, particularly when experienced through virtual reality headsets.

RGBVR

Angel Round in 2016
RGBVR is an interactive broadcast platform and VR/AR technology company.

uSens

Seed Round in 2015
uSens develops human-computer interaction solutions, specializing in hand tracking technology for augmented/virtual reality. Its flagship product, Fingo, combines sensing devices and algorithm software to capture finger gestures. uSens also offers uSensAR, a smartphone AR engine, and SLAM-based mobile positional tracking solutions. Founded in 2013, the company is headquartered in San Jose, California.

Rokid Technology

Series A in 2015
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

Insta360

Series A in 2015
Insta360 is a technology company based in Shenzhen that specializes in innovative camera solutions designed to enhance how users capture and share experiences. Established in 2014, the company has emerged as a leader in the 360-degree camera market, offering a range of products tailored for various needs, including professional creators and casual users. Their offerings include lightweight portable cameras, mobile phone attachments, cameras specifically designed for vlogging, and advanced VR cinematic cameras. These products enable high-definition 360-degree photos and videos, allowing users to live-stream their experiences on major social media platforms. Through its commitment to performance and accessibility, Insta360 empowers users to relive and share their moments in immersive detail, particularly when experienced through virtual reality headsets.

Rokid Technology

Angel Round in 2014
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

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.

Insta360

Angel Round in 2014
Insta360 is a technology company based in Shenzhen that specializes in innovative camera solutions designed to enhance how users capture and share experiences. Established in 2014, the company has emerged as a leader in the 360-degree camera market, offering a range of products tailored for various needs, including professional creators and casual users. Their offerings include lightweight portable cameras, mobile phone attachments, cameras specifically designed for vlogging, and advanced VR cinematic cameras. These products enable high-definition 360-degree photos and videos, allowing users to live-stream their experiences on major social media platforms. Through its commitment to performance and accessibility, Insta360 empowers users to relive and share their moments in immersive detail, particularly when experienced through virtual reality headsets.

Kujiale

Series B in 2014
Kujiale operates an online platform specializing in home decoration and furnishing information. Based in Hangzhou, China, it offers tools for creating 3D models, applying textures, and visualizing designs in various formats.

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.

Kujiale

Series A in 2013
Kujiale operates an online platform specializing in home decoration and furnishing information. Based in Hangzhou, China, it offers tools for creating 3D models, applying textures, and visualizing designs in various formats.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.