Founded in 2000, TDF Capital focuses on investing in green technology, life science, telecommunications, media, technology, fast moving consumer goods, healthcare, and retail sectors in China. The firm typically invests between $3 million to $10 million and has a preference for startups that are 4-5 years old. Some of TDF Capital's notable portfolio companies include Focus Media, A8 Digital Music, and DHgate. The firm has a higher than average number of lead investments and typically participates in rounds with 4-5 participants. TDF Capital operates as a subsidiary of Venture TDF Pte Ltd and has a regional office in Hong Kong.