Venture(US:VEMLY) Zheng Quan Ri Bao Wang·2025-12-11 11:16Core Viewpoint - Zhongke Chuangxing Technology Investment Co., Ltd. has successfully raised a total of 4.08 billion yuan for its Zhongke Chuangxing Pioneer Venture Capital Fund, focusing on early-stage investments in hard technology sectors, with 46 investments completed to date [1][5]. Group 1: Fundraising and Partnerships - The fund's first closing was completed on July 16, with 19 limited partners (LPs) including notable institutions such as the National SME Development Fund and Ant Group, reflecting strong recognition of long-term investment in hard technology [2][3]. - The addition of new LPs like Taibao Capital and Fudan University’s Innovation Fund enhances the fund's ability to address the funding gap in early-stage hard technology projects and facilitates direct connections between research outcomes and capital markets [2][3]. Group 2: Investment Strategy and Performance - The fund has made 46 investment decisions within six months of its first closing, with over 90% of these investments targeting early-stage projects, particularly those emerging from research institutions and universities [5][6]. - Investment focus areas include artificial intelligence, biotechnology, and disruptive technologies such as quantum computing and controlled nuclear fusion, positioning the fund at the forefront of technological innovation [6][7]. Group 3: Ecosystem Development - Zhongke Chuangxing is committed to building a nurturing ecosystem for hard technology innovation, having established a public technology service platform for optoelectronic chip packaging and testing [7][8]. - The company has successfully incubated six unicorns and numerous specialized enterprises, demonstrating its role as a significant incubator and accelerator in Beijing's hard technology sector [7][8]. Group 4: Future Outlook - The fund aims to leverage its successful fundraising to cultivate more "from 0 to 1" hard technology champion enterprises, contributing to China's global competitiveness in the hard technology industry [9].