Core Findings - The VC/PE market in China saw a significant increase in fundraising, with a year-on-year growth rate exceeding 80% [1] - The overall investment market continues to heat up, particularly in the artificial intelligence sector, which is highly sought after in both fundraising and investment [1] Group 1: VC/PE Market Fundraising Analysis - In January 2026, a total of 878 new funds were established in China's VC/PE market, a decrease of 378 funds month-on-month but an increase of 404 funds year-on-year, representing an 85.23% growth [1] - 667 institutions participated in fund establishment, with 80% of them setting up one fund, 13% establishing two, and 7% creating three or more funds [1] - The number of newly established funds shows a more concentrated regional distribution, with Zhejiang Province leading with 278 new funds, followed by Jiangsu with 150 and Shandong with 83 [5][6] Group 2: Fundraising and Investment Situation - The fundraising scale remains high, with a focus on the artificial intelligence sector, as the investment market continues to thrive, breaking the thousand mark in financing cases [6] - The electronic information industry leads in investment, with both semiconductor and artificial intelligence sectors seeing over 100 transactions each [6] - The establishment of the Ningbo Yongyuan Science and Technology Innovation Equity Investment Partnership, with a scale exceeding 6 billion yuan, marks a significant capital influx into the region [10] Group 3: Investment Analysis - In January 2026, there were 1,118 investment cases, a 10% decrease month-on-month but a 62% increase year-on-year, with a total investment scale of 132.443 billion yuan, reflecting an 11% month-on-month increase and a 71% year-on-year increase [13] - Guangdong Province led the country in financing cases with 194, followed by Jiangsu with 181, and Zhejiang and Shanghai with 147 and 139 respectively [15] - The electronic information sector dominated with 354 investment transactions and a financing scale of 47.449 billion yuan, while advanced manufacturing and healthcare sectors followed with 185 and 175 transactions respectively [17][18] Group 4: Investment Rounds and Case Highlights - A-round investments accounted for 431 cases, representing 38.6% of the total, with a financing scale of 28.755 billion yuan [20] - The market shows a strong interest in early-stage investments, while medium-sized transactions are shrinking, indicating a structural imbalance in the recovery process [22] - Notable investment cases include the AI foundational model company Jieyue Xingchen, which completed a 5 billion yuan B+ round financing, setting a record for the largest single financing in the AI model sector in the past 12 months [25][26]
1月VC/PE报告：投资交易数量再破千起 半导体、人工智能最火热
3 6 Ke·2026-02-12 12:58