# INESA

> INESA is a VC fund in Shanghai backing News, Publishing and Advertising. See 1 investment, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 1
- Last investment: Dec 2016
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/inesa-group-co-ltd
- Website: http://www.inesa.com/eng/

INESA is a VC fund in Shanghai focused on News and Publishing. INESA (Group) Co., Ltd. (hereinafter referred to as “INESA”) is a large state-owned enterprise group, under the supervision of State-owned Assets Supervision and Administration Commission (“SASAC”) of Shanghai Municipal Government.With the mission of “leading the development of information technology industry and serving for smart cityconstruction”, INESA is committed to becoming the provider and operator of total solutions for smart cities. Focusing on the new generation of information technology industry characterized by the Internet of Things “IoT” and cloud computing, INESA is forming a new industrial framework whose core is information technology industry supported by commercial real estate industry and non-banking financial services industry.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 1 | 100% |
| Publishing | 1 | 100% |
| Advertising | 1 | 100% |
| Digital Media | 1 | 100% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ThePaper.cn | ThePaper.cn, an online media start-up backed by the Shanghai United Media Group .ThePaper.cn, which was created as a new media start-up under Dongfang Daily, has also launched two new units: an online video platform and an English language online publication Sixth Tone. | $86.5M |  | Dec 29, 2016 |  |

1 of 1 investments shown.

## Co-investors
- Bailian Group — VC Fund, 1 deal together
- Jinjiang International — VC Fund, 1 deal together
- [Jinwin Investment](https://shizune.co/investors/profile/jinwin-investment) — VC Fund, 1 deal together
- Shanghai East Best & Lansheng International Trading — VC Fund, 1 deal together
- Shanghai Jiushi — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does INESA invest in?

INESA invests primarily in News, Publishing and Advertising startups, most often at Funding Round stage. Most of the 1 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did INESA last invest?

The most recent investment recorded for INESA closed in Dec 2016. Shizune tracks 1 investment in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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