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CID Group

Asia, Shanghai, China, Shanghai

Description

CID Group is a prominent private equity and venture capital firm headquartered in Shanghai, China, established in 1998. With a deep-rooted presence in the Greater China region, the firm has evolved into a significant player in the investment landscape, specializing in both early-stage and late-stage venture investments across a diverse range of sectors. Its strategic focus encompasses high-growth industries such as information technology, healthcare, advanced manufacturing, new energy, and consumer goods, reflecting a broad yet targeted approach to identifying disruptive innovations and market leaders.

Over its more than two-decade history, CID Group has built an impressive portfolio of highly successful companies, many of which have grown into global giants. Notable investments include early stakes in technology behemoths like ByteDance, the parent company of TikTok, as well as e-commerce leader JD.com and smartphone manufacturer Xiaomi. This track record underscores the firm's capability to identify and nurture companies with immense growth potential from their nascent stages through to market dominance. The firm's substantial capital base, reportedly managing over $10 billion in assets under management, enables it to participate in and lead significant funding rounds.

CID Group's investment strategy is characterized by its flexibility across various funding stages. While it engages in early-stage venture investments, typically targeting companies in their Series A or B rounds, it also actively participates in larger, late-stage growth equity deals. This dual approach allows CID Group to support companies throughout their lifecycle, from initial commercialization to pre-IPO expansion. Typical first cheque sizes from CID Group can range from approximately $5 million for promising early-stage ventures requiring substantial capital for scaling, up to $100 million for leading significant late-stage or growth equity rounds, as evidenced by its participation in and leadership of multi-million dollar funding rounds for established companies.

The firm's long-term commitment to its portfolio companies extends beyond capital infusion, often involving strategic guidance and operational support. CID Group leverages its extensive network and market expertise to help its investments navigate complex market dynamics and achieve sustainable growth. This comprehensive approach has solidified its reputation as a valuable partner for entrepreneurs and a key driver of innovation in the Asian technology and industrial sectors.

Investor Profile

CID Group has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 14% of its total and boasts 41 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series Unknown, Series E rounds (top funding stages).
  • Majority of deals are located in United States, China, France.
  • Strong thematic focus on Software, Manufacturing, Semiconductor.
  • Typical check size: $5M – $100M.

Stage Focus

  • Series B (29%)
  • Series Unknown (19%)
  • Series E (14%)
  • Series D (14%)
  • Series C (10%)
  • Series F (5%)
  • Series A (5%)
  • Angel (5%)

Country Focus

  • United States (52%)
  • China (29%)
  • France (10%)
  • Canada (5%)
  • Taiwan (5%)

Industry Focus

  • Software
  • Manufacturing
  • Semiconductor
  • Video
  • Mobile
  • Cloud Computing
  • Content
  • Data Center
  • Enterprise Software
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does CID Group frequently co-invest with?

TC
North America, California, United States, Portola Valley
Co-Investments: 3
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 4
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 3
DCM Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Austin Ventures
North America, Texas, United States, Austin
Co-Investments: 3
Verizon Ventures
North America, New Jersey, United States, Basking Ridge
Co-Investments: 2
WI Harper Group
North America, California, United States, San Francisco
Co-Investments: 2
Rembrandt Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
VantagePoint Capital Partners
North America, California, United States, San Bruno
Co-Investments: 2
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 2

Which angels does CID Group often collaborate with?

SC
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by CID Group?

CyCraft

Taipei, T'ai-pei, Taiwan

CyCraft forges the future of cybersecurity resilience through F/A/S/T (fast, accurate, simple, and thorough) human-AI collaboration.

Artificial Intelligence (AI)Cyber SecurityMachine Learning
Series BAug 2, 2019
Amount Raised: $5,650,000
WEKA

Campbell, California, United States

WEKA is a global data platform company that delivers a cloud-native, software-based data platform for AI & next-generation workloads

Artificial Intelligence (AI)Cloud StorageData CenterData ManagementSoftware
Series BFeb 17, 2016
Amount Raised: $25,000,000
Waffles

Vancouver, British Columbia, Canada

A place for people to share cool things in short videos as an anchor and gain profits from it.

AppsInternetVideo
AngelOct 10, 2015
Amount Raised: $1,300,000
VeriSilicon Holdings

Shanghai, Shanghai, China

VeriSilicon Holdings is an IC design foundry that provides custom silicon solutions and system-on-chip turnkey services.

Cloud ComputingDSPManufacturingSemiconductor
Series UnknownJul 2, 2014
Amount Raised: $22,255,990
KargoCard

Shanghai, Shanghai, China

KargoCard is the leading prepaid gift card distribution and processing platform in China.

E-CommerceGift CardPaymentsRetail
Series UnknownMay 20, 2014
Amount Raised: $10,300,000
Zenverge

Cupertino, California, United States

Zenverge is a fabless semiconductor company developing content networking ICs that connect broadcast content with IP enabled devices.

ContentManufacturingSemiconductor
Series EDec 10, 2013
Amount Raised: $11,000,000
SiTime

Sunnyvale, California, United States

SiTime Corporation is an analog semiconductor company offering MEMS-based silicon timing solutions.

ManufacturingSemiconductorSupply Chain Management
Series FNov 4, 2013
Dalet

Levallois-perret, Ile-de-France, France

Dalet provides versatile solutions for businesses to monitor and control their work flow.

Asset ManagementBroadcastingCloud Data ServicesContent DiscoveryMedia and EntertainmentMobileSoftwareTVVideoVideo Streaming
Series EJun 18, 2012
Amount Raised: $35,000,000
Zenverge

Cupertino, California, United States

Zenverge is a fabless semiconductor company developing content networking ICs that connect broadcast content with IP enabled devices.

ContentManufacturingSemiconductor
Series DSep 15, 2011
Amount Raised: $20,500,000
Crown Bioscience

Santa Clara, California, United States

CrownBio is helping provide clarity of action in the fight against cancer and diabetes.

BiotechnologyHealth CareMedical
Series CMay 4, 2011
Amount Raised: $28,800,000