「人工智能」4月投融资报告：55亿资本涌入！智能硬件赛道最热，北京领跑

Core Insights - The article provides an overview of the investment landscape in the artificial intelligence (AI) sector in China for April 2025, highlighting a decrease in financing events compared to the previous month but an increase compared to the same period last year [3][6]. Financing Events Overview - In April 2025, there were 91 financing events in China's AI sector, a decrease of 13 events (13%) from the previous month, but an increase of 4 events (5%) year-on-year [3][6]. - The total disclosed financing amount reached 55.77 billion RMB, down by 5.48 billion RMB (9%) from the previous month, but up by 35.06 billion RMB (169%) compared to the same month last year [3][6]. Sector Breakdown - The most active sub-sectors in AI financing included AI hardware (38 events), foundational support layer (16 events), and foundational technology layer (13 events), with AI hardware seeing a significant increase of 23% from the previous month [3][9]. Regional Distribution - The top regions for financing events were Beijing (21 events), Guangdong (18 events), Shanghai (17 events), Zhejiang (12 events), and Jiangsu (9 events) [11][13]. Stage Distribution - Financing events were predominantly in the early stage (66 events, 72.53%), followed by growth stage (17 events, 18.68%) and late stage (8 events, 8.79%) [15]. - The disclosed financing amounts were 25.25 billion RMB for early stage (45.28%), 17.25 billion RMB for growth stage (30.93%), and 13.27 billion RMB for late stage (23.79%) [15]. Global Financing Insights - Globally, there were 41 new large financing events in April 2025, with a total disclosed amount of 3542.74 billion RMB. The AI sector accounted for 9 of these events, representing 22% of the total and 3124.95 billion RMB, which is 88% of the total financing amount [20]. IPO Activity - In April 2025, three Chinese companies completed IPOs on U.S. exchanges, marking a 100% increase from the previous month and a 200% increase year-on-year. The total amount raised was 26.95 million RMB, which is a 100% increase from the previous month but a 90% decrease compared to the same period last year [34][35]. Investment Institutions - A total of 133 VC/PE institutions participated in AI investments in April 2025, an 8% increase from the previous month and a 39% increase year-on-year. The top five VC/PE institutions by number of events were Yunqi Capital (3), Lushan Investment (3), IDG Capital (2), Sequoia China (2), and Sinovation Ventures (2) [27][28].