The data and publishing firm is partnering with crowdfunding platform Pozible and Chinese local government Shanghai-Nanxiang for an internet of things promotion.

Australia-based crowdfunding platform Pozible has partnered with media and data company International Data Group (IDG) and China’s Shanghai-Nanxiang government to award matching funds and other support to entrepreneurs.

Seven of the internet of things (IoT) projects registered on Pozible will be selected to start a three-month promotion this month as part of the support provided by IDG Capital Partners, IDG’s China-based corporate venturing unit, and Shanghai-Nanxiang’s Technology 50.

The seven that raise the most funds on Pozible will receive a…