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Innovation Works (China)

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Innovation Works (IW) is China’s premier incubator for tech start-ups, based in Beijing and in Shanghai. It was set-up in September 2009 by Dr. Lee Kai-Fu, in conjunction with Innovation Works Development Fund (IWDF), IW’s captive early stage venture capital fund, co-managed with WI Harper Group.

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.

Recent Milestones

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• 
  Innovation Works (China) invested in Kamcord. (2/1/13)
  Posted 3/19/13 at 1:26pm via techcrunch.com
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  Innovation Works (China) — Innovation Works invested in DianDian (http://www.crunchbase.com/company/diandian). (3/1/11)
  Posted 7/24/11 at 9:11pm via technode.com
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  Innovation Works (China) invested in DianDian. (3/1/11)
  Posted 1/9/13 at 1:38pm via marbridgeconsulting.com
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  Innovation Works (China) — Innovation Works invested in Ascending Cloud (http://www.crunchbase.com/company/ascending-cloud) (10/1/10)
  Posted 7/24/11 at 9:11pm
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  Innovation Works (China) — Innovation Works invested in Umeng (http://www.crunchbase.com/company/umeng) (4/1/10)
  Posted 7/24/11 at 9:05pm
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  Innovation Works (China) — Innovation Works invested in Wandoujjia (http://www.crunchbase.com/company/wandoujjia) (12/1/09)
  Posted 7/24/11 at 9:11pm

Investments

Videos

Sources

1. Impressive List Of U.S. Investors Drops $180 Million Into Chinese Startup Incubator (techcrunch.com) [edit]
2. China's Innovation Works Secures $224M for Second Close of New Fund (pevc.dowjones.com) [edit]
3. Q & A: Google China's Kai-Fu Lee on his new Chinese startup incubator (venturebeat.com) [edit]
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Diandian Jack Xu: Mobile Strategy is Why We Are Different From Tumblr (technode.com) [edit]
4. YC-Backed Kamcord Aims To Capture A Billion Game Recordings A Day (With Some Help From Zynga) (techcrunch.com) [edit]
5. Rumor: Innovation Works Invests USD 1 Mln in Tumblr Clone (marbridgeconsulting.com) [edit]