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IDG Capital

Venture Capital & Private EquityBeijing, China

IDG Capital is a Beijing-based investment firm that has backed Chinese technology companies since the early 1990s, investing from venture through growth and buyout stages across internet, consumer, healthcare and industrial technology. It co-led the more than $500 million round in Butterfly Effect, the company behind the AI agent Manus, in October 2026.

1StartupFox story
Venture Capital & Private EquitySector
Oct 2026Latest coverage

Latest on IDG Capital

Funding
Manus Raises $500 Million From Chinese Backers After Beijing Blocked Its Sale to Meta
13 OCT 2026 · 5 MIN READ

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Frequently Asked

What is IDG Capital?

IDG Capital is a Beijing-based investment firm that has backed Chinese technology companies since the early 1990s, investing from venture through growth and buyout stages across internet, consumer, healthcare and industrial technology. It co-led the more than $500 million round in Butterfly Effect, the company behind the AI agent Manus, in October 2026.

What is the latest news on IDG Capital?

The most recent StartupFox coverage is “Manus Raises $500 Million From Chinese Backers After Beijing Blocked Its Sale to Meta” (13 October 2026). All stories are listed on this page.

Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting.

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