IDG Capital has led an A round of financing totaling over $15 million in X-MAGTECH, a Beijing-based quantum sensing company. X-MAGTECH has taken a lead in developing atomic magnetometer magneto cardiograms for the accurate diagnosis of cardiovascular diseases in China and obtained the first medical device registration certificate for such products in the country. The company’s annual production capacity has exceeded 1,000 units. The company aims to continue to expand its R&D investment with this round of financing while also accelerating the listing of other products

Farfetch, a London-based online luxury fashion platform, now allows customers to access their crypto wallet and purchase goods using one of seven cryptocurrencies, including Bitcoin, Ethereum and Binance Coin. Crypto payments will be accepted from its top-tier “private clients” in the coming months, ahead of a wider rollout in the US, UK, and Europe. In 2016, IDG Capital led Farfetch's Series F funding round. Farfetch went public on the New York Stock Exchange in 2018 with a valuation of $5.8 billion.