Zero2IPO, a research and publishing company that tracks the Chinese venture capital market, has raised $16.5 million for an angel fund from investors, including IDG Ventures, according to a regulatory filing with the Securities and Exchange Commission.
In August, PE Week was first to report that Zero2IPO, which is based in Beijing, was working with Startup Capital Ventures in Los Altos, Calif., to raise the investment fund, called Zero2IPO China Angel Fund I. Zero2IPO listed IDG Technology Venture Investment III, the venture arm of publishing firm International Data Group, as a beneficial owner of the fund last summer, when it had only raised $6.2 million. It has since added the Trustees of the Leland Stanford Junior University, according to the regulatory filing.
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