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 Embedded Software

Singerno Microelectronics

Series A in 2022
Singerno Microelectronics is a digital-analog mixed-signal chip design company. They provide more green, energy-saving, system architecture design, digital and analog design, digital-analog hybrid verification, back-end design, and automatic testing services. Additionally, Singerno Microelectronics launched the industry's first integrated brushless DC motor control and driver chip, the XM2618, which enables continuously variable speed regulation and DC frequency conversion without requiring programming.

ESWIN Computing

Series C in 2021
ESWIN Computing is a technology company focused on the research, development, and design of IoT chips and RISC-V computing architectures. It develops chips and related components for display devices and wearable devices, emphasizing the design, testing, and materials of IoT and human-computer interaction integrated circuits. The company provides chips used in artificial intelligence, Internet of Vehicles, displays, and wearable technologies, supporting applications across consumer electronics and smart devices.

AutoCore

Venture Round in 2021
AutoCore is a provider of intelligent mobility software and automotive electrical and electronic architecture solutions. The company specializes in developing an automotive middleware platform designed to support next-generation vehicles. Its offerings include operating systems and autonomous driving software tailored for various automotive computing platforms. AutoCore assists Original Equipment Manufacturers (OEMs) and Tier 1 suppliers throughout the entire product life cycle, from design to production, ensuring that automotive innovations meet the evolving demands of the industry.

Xiaodu Technology

Corporate Round in 2020
Xiaodu Technology is a developer of artificial intelligence products that operates within the Baidu ecosystem. The company specializes in smart speakers and other smart home devices, including smart headsets and screens. Xiaodu Technology focuses on catering to the specific needs of various user groups and aims to expand its product offerings across diverse environments, such as homes, communities, hotels, and vehicles. By doing so, the company seeks to enhance the quality of life for its customers through advanced intelligent experiences.

ESWIN Computing

Series B in 2020
ESWIN Computing is a technology company focused on the research, development, and design of IoT chips and RISC-V computing architectures. It develops chips and related components for display devices and wearable devices, emphasizing the design, testing, and materials of IoT and human-computer interaction integrated circuits. The company provides chips used in artificial intelligence, Internet of Vehicles, displays, and wearable technologies, supporting applications across consumer electronics and smart devices.

ESWIN Computing

Series A in 2019
ESWIN Computing is a technology company focused on the research, development, and design of IoT chips and RISC-V computing architectures. It develops chips and related components for display devices and wearable devices, emphasizing the design, testing, and materials of IoT and human-computer interaction integrated circuits. The company provides chips used in artificial intelligence, Internet of Vehicles, displays, and wearable technologies, supporting applications across consumer electronics and smart devices.

PENSEES

Series A in 2018
PENSEES Technology is an artificial intelligence company based in China, specializing in computer vision and Internet of Things (IoT) technologies. The company focuses on delivering integrated application solutions across various industries, utilizing advanced visual analysis technology to enhance its offerings. PENSEES develops and provides a range of industrial products, solutions, and technical services aimed at applications in safe city initiatives, intelligent transportation systems, intelligent communities, and security analysis. Through its innovative approach, PENSEES seeks to deepen the impact of AI technologies in practical, real-world scenarios.

VeriSilicon

Series A in 2018
VeriSilicon, headquartered in Santa Clara, California, with an additional office in Plano, Texas, is a semiconductor company specializing in custom silicon solutions and system-on-chip (SoC) turnkey services. It offers a wide range of services, including the design and manufacture of memory chips, and provides licensable digital signal processing cores, Hantro Video IPs, and eDRAM. VeriSilicon caters to diverse industries such as smartphones, media tablets, HDTVs, set-top boxes, and data centers, targeting advanced process technologies like 28nm and FD-SOI. The company's portfolio includes five types of in-house processor IPs and over 1,400 analog and mixed signal IPs and RF IPs, enabling it to deliver comprehensive, customized silicon solutions.

Quintic

Series B in 2008
Quintic (Beijing) Microelectronics Co., Ltd. is a Chinese chip design company focused on providing consumers with low power consumption and cost-effective wireless access solutions. Quintic was established on September 29, 2006. Its core design and architecture engineers come from leading global companies with technical expertise covering WLAN, Bluetooth, WiMax, mobile TV, ultra wideband, and other communications standards. Since early 2007, Quintic started the development of the FM production line, and incorporated high-performance FM transmitter chips in the field of personal wireless audio connectivity applications.

VeriSilicon

Series D in 2007
VeriSilicon, headquartered in Santa Clara, California, with an additional office in Plano, Texas, is a semiconductor company specializing in custom silicon solutions and system-on-chip (SoC) turnkey services. It offers a wide range of services, including the design and manufacture of memory chips, and provides licensable digital signal processing cores, Hantro Video IPs, and eDRAM. VeriSilicon caters to diverse industries such as smartphones, media tablets, HDTVs, set-top boxes, and data centers, targeting advanced process technologies like 28nm and FD-SOI. The company's portfolio includes five types of in-house processor IPs and over 1,400 analog and mixed signal IPs and RF IPs, enabling it to deliver comprehensive, customized silicon solutions.

RDA Microelectronics

Series B in 2007
RDA Microelectronics Co., Ltd. specializes in the design, development, and marketing of radio frequency integrated circuits (ICs) and subsystems. The company focuses on RF transceiver ICs, power amplifiers, switches, and integrated direct down-conversion satellite receivers. It also provides technology consultations and services related to its products. RDA Microelectronics maintains an advanced testing laboratory and a research and development platform to enhance its capabilities in digital and analog circuits, radio-frequency systems, and signal processing. With a portfolio that includes over 20 international patents and technologies with independent intellectual property rights, the company consistently introduces innovative integrated circuit products for wireless communication and consumer electronics markets.

Funinhand

Series B in 2006
Guangzhou Funinhand Electronic Technology Co., Ltd. specializes in mobile streaming media and video compression technology. Founded in 2002 and based in Guangzhou, China, the company offers a range of products including the Funinhand Encoder, which handles video and audio encoding, and the Funinhand Platform, designed for mobile streaming management and delivery. Additionally, Funinhand provides Fondoplayer, a media player, and Funinhand Share, which facilitates the transcoding of real-time files captured by cameras to H.264 format. The company also delivers various solutions such as MOD, video email, and mobile remote-stakeout services, catering to mobile operators, video and audio copyright publishers, and terminal manufacturers. Recognized as a Global Electronic Pioneer by Forbes in 2004, Funinhand operates across multiple wireless networks, including 2.5G, 2.75G, 3G, and Wi-Fi, ensuring effective direct television transmissions to mobile users.

VeriSilicon

Series B in 2005
VeriSilicon, headquartered in Santa Clara, California, with an additional office in Plano, Texas, is a semiconductor company specializing in custom silicon solutions and system-on-chip (SoC) turnkey services. It offers a wide range of services, including the design and manufacture of memory chips, and provides licensable digital signal processing cores, Hantro Video IPs, and eDRAM. VeriSilicon caters to diverse industries such as smartphones, media tablets, HDTVs, set-top boxes, and data centers, targeting advanced process technologies like 28nm and FD-SOI. The company's portfolio includes five types of in-house processor IPs and over 1,400 analog and mixed signal IPs and RF IPs, enabling it to deliver comprehensive, customized silicon solutions.

Funinhand

Series A in 2004
Guangzhou Funinhand Electronic Technology Co., Ltd. specializes in mobile streaming media and video compression technology. Founded in 2002 and based in Guangzhou, China, the company offers a range of products including the Funinhand Encoder, which handles video and audio encoding, and the Funinhand Platform, designed for mobile streaming management and delivery. Additionally, Funinhand provides Fondoplayer, a media player, and Funinhand Share, which facilitates the transcoding of real-time files captured by cameras to H.264 format. The company also delivers various solutions such as MOD, video email, and mobile remote-stakeout services, catering to mobile operators, video and audio copyright publishers, and terminal manufacturers. Recognized as a Global Electronic Pioneer by Forbes in 2004, Funinhand operates across multiple wireless networks, including 2.5G, 2.75G, 3G, and Wi-Fi, ensuring effective direct television transmissions to mobile users.

VeriSilicon

Series A in 2003
VeriSilicon, headquartered in Santa Clara, California, with an additional office in Plano, Texas, is a semiconductor company specializing in custom silicon solutions and system-on-chip (SoC) turnkey services. It offers a wide range of services, including the design and manufacture of memory chips, and provides licensable digital signal processing cores, Hantro Video IPs, and eDRAM. VeriSilicon caters to diverse industries such as smartphones, media tablets, HDTVs, set-top boxes, and data centers, targeting advanced process technologies like 28nm and FD-SOI. The company's portfolio includes five types of in-house processor IPs and over 1,400 analog and mixed signal IPs and RF IPs, enabling it to deliver comprehensive, customized silicon solutions.

QQTechnology

Venture Round in 2001
Changxun Technology is a provider of intelligent IP network optimization, in-depth network security, and high speed integrated circuit design resolution solutions. The company synchronizes with a new generation of application development in network communications and regards personalized service as its core and business support as its orientation. Changxun Technology has over 100 employees, with 70% of them engaged in research and development work in underlying technologies. The company is focused on the feature recognition algorithm of the internet application protocol; fingerprint-search matching algorithm of internet applications, application structure SOC design of programmable integrated circuits; and system structure design and performance optimization. These are all based on high-speed all-connect interactive system design and performance optimization, programmable high-speed application interface customization and API design, and DPI technology application area. Established in 2001, Changxun Technology is headquartered in Beijing. There are more than 100 employees in this company now, and over 70% of them engage in research and development work of underlying technology.
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