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IDG Capital

IDG Capital last closed a fund in May 2022 — 54 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Late-cycle  This firm is deep enough into its last fund that a new one would not be a surprise.

Funds on file
10
Capital raised
$5.78B
Latest close
May 2022
Based in
non-US

Vehicles on file

VehicleFirst closeAmount Filings
IDG China Venture Capital Fund VII L.P.May 2022$900M offered0001929850 ↗
IDG Capital Project Fund VI, L.P.January 2022$130M offered0001904511 ↗
IDG Capital Project Fund IV, L.P.September 2020$550M offered0001823800 ↗
IDG Capital Project Fund II, L.P.June 2020$74M0001836174 ↗
IDG-Accel China Growth Fund III L.P.March 2011$550M0001508829 ↗
IDG-Accel China Capital II L.P.March 2011$750M0001508828 ↗
IDG China Venture Capital Fund IV L.P.—$550M offered0001609020 ↗
IDG China Capital Fund III L.P.—$1.00B offered0001649612 ↗
IDG China Venture Capital Fund V L.P.—$589M offered0001709672 ↗
IDG China Venture Capital Fund VI L.P.—$688M offered0001807065 ↗

Dated from filing date; no date of first sale was reported.

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Chi Sing Ho, Quan Zhou, James Breyer, Patrick McGovern

What IDG Capital invests in

Typical fund
$589M median, multistage
Median of this firm’s filed fund sizes on Form D.
Website
idgcapital.com
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
None reported — the adviser answered “no administrator” for 9 of 9 funds
Auditor
EY (7 funds), PwC (2 funds)

From Form ADV filed by IDG CAPITAL FUND MANAGEMENT LTD. CRD 295635 ↗, latest filing March 2026, covering 9 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.