40.8亿元，中科创星先导创业投资基金完成终关募集

Core Viewpoint - The article discusses the successful fundraising and investment activities of Zhongke Chuangxing, emphasizing the establishment of a "Zheng Guo Qu" system in technology finance, which aims to efficiently channel large-scale funds into early-stage hard technology ventures [4][6][15]. Fundraising and Investment - Zhongke Chuangxing recently completed the final closing of its pilot venture capital fund, reaching a total scale of 4.08 billion yuan, with 2.617 billion yuan raised in the first closing and an additional 1.39 billion yuan from diverse limited partners (LPs) [3][4]. - The fund has made investments in 46 hard technology projects, adhering to the philosophy of "invest early, invest small, invest long-term, and invest in hard technology" [3][10]. Limited Partners and Their Contributions - The LPs include notable institutions such as the National SME Development Fund, Shanghai Guotou AI Fund, and Ant Group, reflecting a diverse and collaborative investment structure [4][5]. - The participation of LPs like Taibao Capital and Fudan University’s Innovation Fund helps bridge the gap between research outcomes and capital markets, facilitating the identification of original innovation projects [5][6]. Investment Strategy and Focus Areas - The fund's investment strategy is characterized by a focus on early-stage projects, with over 90% of investments targeting projects in their initial stages [9]. - Key investment areas include artificial intelligence, biotechnology, and disruptive technologies such as quantum computing and controlled nuclear fusion [9][10]. Ecosystem Development and Incubation - 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 [12]. - The company has successfully incubated several unicorns and specialized enterprises, contributing significantly to Beijing's hard technology industry [12][13]. Future Outlook - The firm aims to leverage its fund and ecosystem to cultivate more "from 0 to 1" hard technology champion enterprises, enhancing China's global competitiveness in the hard technology sector [15].