China Digest: IDG backs WTOIP, Tencent invests in Camelia

A man uses a mobile phone in front of a logo of Tencent. REUTERS/KIM KYUNG-HOON

IDG Capital has made an undisclosed investment in WTOIP’s Series C funding round while Tencent Holdings was the sole investor in Camelia’s Series A round, according to a China Money Network reportDEALSTREETASIA will update this story once it receives a statement from the companies involved.

IDG Capital leads Series C in IP firm WTOIP

Private equity and venture capital firm IDG Capital has led a Series C funding round in WTOIP, a Guangzhou-based intellectual property transaction service platform for startups.

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