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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 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.

Milestones

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• 
  Innovation Works (China) — Innovation Works invested in DianDian (http://www.crunchbase.com/company/dianxin). Series A (3/1/11)
  Posted 7/24/11 at 9:11pm
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  Innovation Works (China) — Innovation Works invested in DianDian (http://www.crunchbase.com/company/diandian). Series A (10/1/10)
  Posted 7/24/11 at 9:11pm
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  Innovation Works (China) — Innovation Works invested in Ascending Cloud (http://www.crunchbase.com/company/ascending-cloud). Series A (10/1/10)
  Posted 7/24/11 at 9:11pm
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  Innovation Works (China) — Innovation Works invested in Ascending Cloud (http://www.crunchbase.com/company/wandoujjia). Series A (12/1/09)
  Posted 7/24/11 at 9:11pm
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  Innovation Works (China) — Innovation Works invested in Umeng (Series A) (4/1/10)
  Posted 7/24/11 at 9:05pm

Videos

Sources

1. As Mobile Tech Heats Up In China, InnovationWorks Closes On $97M (fis.dowjones.com) [edit]
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