
Core Insights - The company Digital Huaxia, based in Shenzhen, has completed its angel plus round of financing and is now initiating a second round of financing [1] - Shenzhen's venture capital institutions are not only supporting research and development innovation but also assisting companies in expanding application scenarios and accelerating commercialization [1] - According to the Shenzhen Securities Regulatory Bureau, there are over 20,000 investment projects from private equity and venture capital funds in Shenzhen, with total invested capital exceeding 970 billion yuan [1] Company Developments - Digital Huaxia is actively seeking new funding to support its growth and development [1] - The company is part of a broader trend in Shenzhen where venture capital is increasingly focused on early-stage investments and hard technology [1] Industry Trends - Shenzhen is strengthening its venture capital ecosystem, fostering an environment conducive to innovation and entrepreneurship [1] - The focus on small, early, and hard technology investments indicates a strategic shift towards supporting foundational technological advancements in the region [1]