# IDG Ventures' Investments in China: 25 Startups by Sector (2026)

> The 25 startups in China that IDG Ventures has backed, by sector: IT Services, Internet and Edtech and more. $4.6B raised. Updated nightly.

Source: https://millionrounds.com/portfolio-maps/idg-ventures-investments-china (Millionrounds; every figure on the page links to its filing or article)

## IT Services

5

- [Tudou](https://millionrounds.com/company/tudou)
- [BANGCLE](https://millionrounds.com/company/bangcle)
- [HunterOn](https://millionrounds.com/company/hunteron)
- [*YM* Yek Mobile](https://millionrounds.com/company/yek-mobile)
- [SegmentFault](https://millionrounds.com/company/segmentfault)

## Internet

4

- [Xiaomi](https://millionrounds.com/company/xiaomi)
- [Maimai](https://millionrounds.com/company/maimai)
- [PPzuche.com](https://millionrounds.com/company/ppzuche-com)
- [*SP* Storm Player](https://millionrounds.com/company/storm-player)

## Edtech

3

- [*NE* NetDragon Education](https://millionrounds.com/company/netdragon-education)
- [*EE* Elite Education Media Group](https://millionrounds.com/company/elite-education-media-group)
- [*K* Kaola100](https://millionrounds.com/company/kaola100)

## Healthtech

3

- [*HG* Han grass biomass](https://millionrounds.com/company/han-grass-biomass)
- [*GM* Gammastar Medical Group](https://millionrounds.com/company/gammastar-medical-group)
- [*C* Competitor](https://millionrounds.com/company/competitor)

## Fintech

2

- [*W* Wecash](https://millionrounds.com/company/wecash)
- [*W* Wacai](https://millionrounds.com/company/wacai)

## Other

2

- [*S* Sunsea](https://millionrounds.com/company/sunsea)
- [BitComet](https://millionrounds.com/company/bitcomet)

## Fashion

2

- [*HK* Hua Kang](https://millionrounds.com/company/hua-kang)
- [*Y* Yetang](https://millionrounds.com/company/yetang)

## Software

2

- [VANCL](https://millionrounds.com/company/vancl)
- [*B* BizArk](https://millionrounds.com/company/bizark)

## Consumer Apps

2

- [Teambition](https://millionrounds.com/company/teambition)
- [*DG* DigiFun Games](https://millionrounds.com/company/digifun-games)

## Segment by segment

### IT Services

5 startups · $201M raised

- [**Tudou**](https://millionrounds.com/company/tudou) Tudou is a Chinese video sharing website that enables young users to get their voices heard on mainstream network media platforms. China $126M
- [**BANGCLE**](https://millionrounds.com/company/bangcle) Founded in 2010, Bangcle (梆梆安全) is an information technology company that provides mobile/IoT security solutions. China $40M
- [**HunterOn**](https://millionrounds.com/company/hunteron) HunterOn (猎上网) is a recruitment service platform established in 2012, based in Shanghai, China. China $30M
- [*YM* **Yek Mobile**](https://millionrounds.com/company/yek-mobile) Yek Mobile was a Chinese outsourcing services provider specializing in mobile applications for e-commerce and B2C companies. China $5.0M
- [**SegmentFault**](https://millionrounds.com/company/segmentfault) SegmentFault 思否 is a leading developer Q&A community in China, established in 2012 and based in Hangzhou. China $165K

### Internet

4 startups · $2.8B raised

- [**Xiaomi**](https://millionrounds.com/company/xiaomi) Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). China $2.4B
- [**Maimai**](https://millionrounds.com/company/maimai) 脉脉 (Maimai) is a professional social networking platform based in China, launched in October 2013. China $295M
- [**PPzuche.com**](https://millionrounds.com/company/ppzuche-com) PPzuche.com (iCarsclub was named in Singapore) is Asia’s first peer to peer car sharing service. China $60M
- [*SP* **Storm Player**](https://millionrounds.com/company/storm-player) Storm Technology is the developer of a video player called Storm Player, the biggest internet video playing platform in China. China $27M

### Edtech

3 startups · $227M raised

- [*NE* **NetDragon Education**](https://millionrounds.com/company/netdragon-education) NetDragon Education is an online education platform that targets students in Kindergarten to high school through websites and mobile apps. China $203M
- [*EE* **Elite Education Media Group**](https://millionrounds.com/company/elite-education-media-group) Elite Group is an investment platform focused on developing Chinese private-run education. China $24M
- [*K* **Kaola100**](https://millionrounds.com/company/kaola100) Kaola100.com is a distance learning website providing information about 26 different kinds of tests. China $635K

### Healthtech

3 startups · $39M raised

- [*HG* **Han grass biomass**](https://millionrounds.com/company/han-grass-biomass) Han Grass Biomass manufactures environmental-friendly substitutes for cigarettes. China $25M
- [*GM* **Gammastar Medical Group**](https://millionrounds.com/company/gammastar-medical-group) Gammastar Medical Group is focused on providing advanced oncotherapy and psychosurgery solutions for hospitals. China $10M
- [*C* **Competitor**](https://millionrounds.com/company/competitor) Competitor specializes in the R&D, production, and sales of sports nutrition foods, technologies, and professional services. China $3.7M

### Fintech

2 startups · $387M raised

- [*W* **Wecash**](https://millionrounds.com/company/wecash) Wecash was founded in October of 2013 and is reshaping the way customers around the world interact with finance. China $267M
- [*W* **Wacai**](https://millionrounds.com/company/wacai) China $120M

### Other

2 startups · $232M raised

- [*S* **Sunsea**](https://millionrounds.com/company/sunsea) China $230M
- [**BitComet**](https://millionrounds.com/company/bitcomet) China $2.0M

### Fashion

2 startups · $86M raised

- [*HK* **Hua Kang**](https://millionrounds.com/company/hua-kang) Hua Kang is a domestic investment enterprise of insurance and finance intermediary agencies in China. China $80M
- [*Y* **Yetang**](https://millionrounds.com/company/yetang) Yetang is an online designers website that sells fashion and lifestyle products. China $6.0M

### Software

2 startups · $620M raised

- [**VANCL**](https://millionrounds.com/company/vancl) VANCL is a privately held e-commerce company that operates as an online label fashion retailer. China $570M
- [*B* **BizArk**](https://millionrounds.com/company/bizark) After our establishment, we quickly began to use the internet to facilitate cooperation with our overseas customers. China $50M

### Consumer Apps

2 startups · $23M raised

- [**Teambition**](https://millionrounds.com/company/teambition) Teambition is a team collaboration platform that is efficient, simple and elegant. China $17M
- [*DG* **DigiFun Games**](https://millionrounds.com/company/digifun-games) DIGIFUN is a Chinese content supplier providing wireless value-added services such as mobile games and music. China $5.5M

**How this map is made.** Every startup here has raised money in a round we track that names IDG Ventures as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Investments abroad **IDG Ventures' investments in the United States** 30 startups · $2.3B](https://millionrounds.com/portfolio-maps/idg-ventures-investments-united-states)[Co-investors **Who invests with IDG Ventures** 60 co-investors](https://millionrounds.com/portfolio-maps/idg-ventures-co-investors)[Portfolio map **IDG Ventures portfolio map** 54 startups · $8.0B](https://millionrounds.com/portfolio-maps/idg-ventures-portfolio-map)[Investments abroad **SBXi Fund's investments in the United States** 40 startups · $359M](https://millionrounds.com/portfolio-maps/sbxi-investments-united-states)[Investments abroad **iSeed's investments in the United States** 18 startups · $388M](https://millionrounds.com/portfolio-maps/iseed-investments-united-states)[Investments abroad **SAP Ventures' investments in the United States** 15 startups · $2.3B](https://millionrounds.com/portfolio-maps/sap-ventures-investments-united-states)

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