# Innovation Works North America: portfolio, investments and team

> Innovation Works North America is a vc firm. 20 investments on record, latest Jun 2014. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/innovation-works-north-america (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Innovation Works North America

Last cheque observed Jun 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Seed Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 20 on record

Since the last cheque **4508** days **00** hrs **00** min **00** sec

Median round **$3.3M** Rounds led **0 of 20** Sole investor **9 rounds** Exits **2 from the portfolio** Mostly in **China, 76%**

Pitch Innovation Works North America

## Innovation Works North America highlights

- 01 20 rounds on record
- 02 Mostly Series A and Seed: 79% of its rounds
- 03 Sole investor in 9 rounds, median $165K
- 04 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **20 appearances**

- **2014** 7 rounds
- **Jun** **[One Month](https://millionrounds.com/company/one-month)** Seed · US **$770K** With 13 others
- **Jun** **[Zhihu](https://millionrounds.com/company/zhihu)** Series B · CN **$22M** With 2 others
- **May** **[Kamcord](https://millionrounds.com/company/kamcord)** Series A · US **$7.1M** With 8 others
- **Feb** **[Lightonus.com](https://millionrounds.com/company/lightonus-com)** Seed **$165K** Sole investor
- **Jan** **[Wandoujia](https://millionrounds.com/company/wandoujia)** Series B · CN **$120M** With 3 others
- **Jan** **[Weimi](https://millionrounds.com/company/weimi)** Seed **$165K** Sole investor
- **Jan** **[Scaled Inference](https://millionrounds.com/company/scaled-inference)** Seed · US **$5.6M** With 7 others
- **2013** 2 rounds
- **Aug** **[Kamcord](https://millionrounds.com/company/kamcord)** Seed · US · techcrunch.com **$1.0M** With 2 others
- **Jul** **[Megvii Inc](https://millionrounds.com/company/megvii-inc)** Series A · CN **$1.0M** Sole investor
- **2012** 1 round
- **Jan** **[Tiangua Online](https://millionrounds.com/company/tiangua-online)** Series A · CN **$1.0M** Sole investor
- **2011** 7 rounds
- **Dec** **[Leiyoo](https://millionrounds.com/company/leiyoo)** Series A · CN · techcrunch.com **Undisclosed** With 2 others
- **Dec** **[Tiangua Online](https://millionrounds.com/company/tiangua-online)** Seed · CN **$100K** Sole investor
- **Nov** **[Zhihu](https://millionrounds.com/company/zhihu)** Series A · CN **$8.0M** With 1 other
- **Jul** **[Doodle Mobile](https://millionrounds.com/company/doodle-mobile)** Series A · CN **Undisclosed** With 4 others
- **Apr** **[DianDian](https://millionrounds.com/company/diandian)** Series A · CN · technode.com **$10M** With 2 others
- **Mar** **[Yippee Arts](https://millionrounds.com/company/yippee-arts)** Seed **Undisclosed** Sole investor
- **Jan** **[Wandoujia](https://millionrounds.com/company/wandoujia)** Series A · CN **$8.0M** With 2 others
- **2010** 2 rounds
- **Nov** **[Umeng](https://millionrounds.com/company/umeng)** CN **Undisclosed** Sole investor
- **Oct** **[Doodle Mobile](https://millionrounds.com/company/doodle-mobile)** Venture · CN **Undisclosed** Sole investor
- **2009** 1 round
- **Jan** **[Dianxin](https://millionrounds.com/company/dianxin)** Venture · CN **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Umeng](https://millionrounds.com/company/umeng)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Apr 2013

**[Umeng](https://millionrounds.com/company/umeng)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Jan 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Seed Series B

Median round joined **$3.3M** the round, not its cheque Alone, median **$165K**

Led 0 of 20 rounds **0%**

- **Sole investor:** 9 rounds
- **Last cheque:** Jun 2014
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A *8*
- Seed *7*
- Series B *2*
- Venture *2*

Cheques by year Led Joined

2009 2014

Often in the room with

- [Innovation Works](https://millionrounds.com/fund/innovation-works) 3
- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 2
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 2
- [SV Angel](https://millionrounds.com/fund/sv-angel) 2
- [SoftBank BB Corp](https://millionrounds.com/fund/softbank) 2
- [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) 2

**Pitching Innovation Works North America?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Innovation Works North America. A count of rooms they were both in, not a relationship either has claimed.

[**Innovation Works** Government **3** rounds together](https://millionrounds.com/fund/innovation-works)[**DCM Ventures** Private equity **2** rounds together](https://millionrounds.com/fund/dcm-ventures)[**Qiming Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**SV Angel** VC firm **2** rounds together](https://millionrounds.com/fund/sv-angel)[**SoftBank BB Corp** Company **2** rounds together](https://millionrounds.com/fund/softbank)[**Tengxun Touzi** VC firm **2** rounds together](https://millionrounds.com/fund/tengxun-touzi)

## Quick answers about Innovation Works North America

### What does Innovation Works North America invest in?

Innovation Works North America invests most often at Series A and Seed (79% of the rounds on record).

### How active is Innovation Works North America?

20 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2014.

### How big are Innovation Works North America's cheques?

The median round it joins is $3.3M.

### Does Innovation Works North America lead rounds?

Rarely, if at all: none of its 20 investments on record names it as the lead.

### Where does Innovation Works North America invest?

Most of the companies it backs are in China (76%) and the United States (24%).

### Is Innovation Works North America investing now?

No investments in the last 12 months; the latest was in Jun 2014.

### Who does Innovation Works North America invest alongside?

Most often Innovation Works (3 rounds together), DCM Ventures (2 rounds together) and Qiming Venture Partners (2 rounds together).

### What kind of investor is Innovation Works North America?

Innovation Works North America is a VC firm.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=innovation-works-north-america) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=innovation-works-north-america)
