40起融资、5亿单笔纪录！2025上半年科学仪器行业谁在吸金？

Core Insights - The domestic scientific instrument industry experienced 40 financing events in the first half of 2025, maintaining a level similar to the same period in 2024, indicating a stable investment climate [1][3] - The current investment trend is shifting towards "scene-based application landing," alongside a focus on "domestic substitution" and "key technology breakthroughs" [1][14] Financing Overview - In the first half of 2025, significant financing events included Tongjia Hongrui, a semiconductor equipment service provider, which completed a B round financing of nearly 500 million yuan, marking the highest single financing amount during this period [3][5] - Notable companies like Miaoshun Bio and Chuguang 3D completed multiple financing rounds, with the latest rounds involving equity changes [3][4] Regional Distribution - The Yangtze River Delta region leads in financing activities, accounting for 48.72% of the total, benefiting from a robust research foundation and mature industrial ecosystem [6] - Among disclosed financing projects, 20.51% involved amounts exceeding 10 million yuan, while 43.59% were over 100 million yuan, indicating a healthy distribution of investment [6] Sector Highlights - In the chromatography and mass spectrometry sector, companies like Huapu Instrument and Yilite Technology have made significant strides, with Huapu securing over 100 million yuan for next-generation product development [8][9] - The life sciences instrument sector remains a hotbed for financing, with 15 companies receiving funding in the first half of 2025, reflecting strong investor confidence in domestic innovation [11][12] Emerging Growth Areas - The semiconductor testing, optical measurement, and sensor systems sectors have also shown robust financing activity, with over 10 events recorded [13] - Tongjia Hongrui's 500 million yuan financing will focus on vacuum system solutions and talent acquisition, reinforcing its market position [13] Investment Trends - The current investment landscape is characterized by a preference for projects with clear market applications and the potential for rapid industrial closure, moving away from solely technology-driven innovations [14] - The integration of AI, automation, and intelligent analysis is becoming a new engine for industry innovation, indicating a shift towards a more integrated approach in the scientific instrument sector [14]