Shanghai's three leading industry mother funds with a scale of 25 billion yuan signed contracts with the first batch of 12 ecological cooperation funds
2024-12-31 13:46:17

On December 30, the signing ceremony of the first selection of ecological partners of Shanghai's three leading industry mother funds and the release ceremony of the second selection application were held in Shanghai. The mother fund management companies of the three leading industries formally signed contracts with the first batch of 12 ecological cooperation funds. The total scale of the 12 funds is 25 billion yuan, and the mother fund has subscribed a total of 6.7 billion yuan, achieving a 3.73-fold magnification effect. Among them, 9 sub-funds have stood out through the first batch of market-oriented selection. In the field of integrated circuits, there are Puhua Phase IV, Juyuan Pioneer, and Xinwei Huixin; in the field of biomedicine, there are Eli Lilly Phase VI, Shijiazhuang Guofang, and Zhengxin Valley Medical Phase II; in the field of artificial intelligence, there are Lanchi RMB Phase IV, Zhongke Chuangxing Hard Technology, and Qiming Phase VIII Technology Fund. These 9 sub-funds plan to raise 17.2 billion yuan, and the mother fund has invested a total of 3.65 billion yuan, achieving a 4.71-fold magnification effect. At the ceremony, Shanghai Guotou Company and Pudong New Area jointly released the Shanghai Embodied Intelligence Fund and Xuhui District jointly released the Shanghai Big Model Fund, with a target scale of 1 billion yuan each.
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