Updated:
Zhejiang Innovative and Developing Capital
Zhejiang Innovative and Developing Capital is a private equity firm based in Hangzhou, China. It focuses on venture capital investments. The firm is...
Zhejiang Innovative and Developing Capital
Zhejiang Innovative and Developing Capital is a private equity firm based in Hangzhou, China. It focuses on venture capital investments. The firm is headquartered in Zhejiang province.
General information
Firm type
Private Equity
Year founded
2014
Location
Region
Asia
Country
China
City
Hangzhou
Corporate office
Hangzhou, Zhejiang, China
Sector focus
Frequently asked questions
How does the firm source proprietary deal flow?
Deal flow derives from its structural position within the Zhejiang provincial bureaucracy. Portfolio referrals arrive through municipal economic planning commissions, local technology parks in Hangzhou and Ningbo, and direct government-directed mandates to support strategic industries. This is not a conventional market-sourced pipeline.
What investment stages does the firm typically target?
The firm spans a wide range: it participates in seed-stage and start-up venture rounds, expansion-stage growth equity, and outright buyouts of mature companies. This stage-agnostic approach reflects its mandate to support Zhejiang enterprises from formation through consolidation.
Which sectors does the firm prioritize?
Sector emphasis falls on advanced manufacturing, including robotics and factory automation, enterprise software, AI/ML applications, semiconductors, new-energy vehicles, and digital health. These align with Zhejiang Province's published five-year economic development priorities.
Does the firm co-invest with external general partners?
Yes. The firm has increased co-investment activity with national-level government guidance funds and, on occasion, with provincial peers elsewhere in the Yangtze River Delta. It rarely partners with foreign GPs given the strategic nature of its mandate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on private equity firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: