| Website | en.chuangxin.com |
| Phone | +86-10-5752-5200 |
| Employees | 15 |
| Founded | 9/09 |
| Description | Technology Incubator & Early Stage VC |
| Fund I, 4/11 | $97M |
Innovation Works (IW) is China’s premier incubator for tech start-ups, based in Beijing and in Shanghai. It was set-up in late 2009 by Dr. Lee Kai-Fu, in conjunction with Innovation Works Development Fund (IWDF), IW’s captive early stage venture capital fund. IW has only one purpose in mind: to invest in the most promising technology teams in China, in the booming consumer internet, mobile internet and cloud computing sectors. The majority of IW’s portfolio companies are incubated in-house, led by some of the most talented young entrepreneurs in China. As a result, IWDF differs from its peers by being a captive, very focused and truly early stage fund.