The Beijing-based IDG Capital Partners corporate venturing unit has invested in Razer, which makes computer game peripherals, such as keyboards and mice, and $10m in software application provider BlueSprig that launched its first products in October.
US-based publisher International Data Group (IDG), which manages $6.8bn in corporate venturing assets on behalf of its parent as well as third-party limited partners, has used its China-based corporate venturing unit to back two California-domiciled companies.
IDG Capital is understood to have invested less than $50m in Razer, which makes computer game peripherals, such as keyboards and mice, and $10m in software application provider BlueSprig that launched its first products in October.
Although both deals are series A…
