Core Viewpoint - MDB Capital Holdings is focused on launching disruptive technology companies and is actively working on a robust pipeline of new opportunities despite market volatility [3][5]. Company Updates - MDB Capital Holdings closed a public offering of common stock for HeartBeam, Inc with gross proceeds of approximately $11.5 million [8]. - The company completed Letters of Intent (LOIs) for three new "Big Idea" companies to launch in 2025 [8]. - MDBH increased its shareholder base by 4.5% during the first quarter of 2025 [8]. - The company onboarded 111 new MDB Direct accounts in Q1 2025, marking a 26% increase since the end of 2024 [8]. - MDB Capital is exploring innovative approaches to leverage its self-clearing platform to broaden IPO offerings for early-stage and emerging companies beyond deep tech [8]. - The executive compensation plan for four top executives was revised to realign incentives with shareholder interests [8]. Operational Highlights - The company is seeing a steady flow of micro-cap companies with exciting technologies that are seeking to go public [3]. - MDB Capital is in the final stages of diligence for a robust pipeline of new opportunities, aiming to scale the number of disruptive technology ideas turned into valuable public companies this year [3].

四川发布创投新政， 4000亿基金管理规模目标，鼓励降低或取消返投比例， 单一国资出资 比例可提高至70%…… 2025年的中国创投市场，正经历着从 "寒冬" 到 "复苏" 的关键转折。 在募资难、退出难的双重压力下，政策驱动与市场自我调节的共振效应愈发显著。据FOFWEEKLY数据 显示，机构LP持续回升，4月的出资活跃度环比增长23%，较之去年同期增长38%。 与此同时，地方政府引导基金加速扩容，据我们观察，仅4月份就有江苏、湖北、贵州、浙江等多地母 基金宣布设立或招GP，涉及母基金数量超30支。 值得关注的是，各地政策层面也持续发力，密集探索国资容错。近期，四川也正式吹响西南地区创 投"集结号"，围绕创业投资"募投管退"全链条，提出4000亿基金管理规模目标，取消注册地、鼓励降低 或取消返投比例等利好政策，打造全国创投高地。 四川省省委金融办有关负责人表示，《若干措施》惠及创业投资机构、天使投资个人及科技创新企业等 主体，为创业投资机构、天使投资个人等提供创业投资"募投管退"全生命周期服务，为科技创新企业等 被投企业提供投后赋能、落地服务保障及投、贷、保、担联动资金支持。 某经济研究人士评价称："此举通 ...

Core Viewpoint - Dongguan's Songshan Lake Technology Financial Cluster is being developed as a new highland for technology finance in the Guangdong-Hong Kong-Macao Greater Bay Area, aiming to attract quality investment projects and resources to drive high-quality development [2][5]. Group 1: Fund Development in Songshan Lake - Songshan Lake has registered 184 funds, accounting for 59% of the city's total, with a total subscribed capital of 96.2 billion yuan, representing 75% of the city's total, making it the leader in both number and scale of funds [5][6]. - The introduction of policies such as the "Implementation Measures for Promoting the Development of the Fund Industry in Dongguan" in 2018 has significantly boosted the fund industry in Songshan Lake, leading to a strategic focus on high-quality development [5][8]. - The establishment of a high-quality development fund system, supported by government and state-owned enterprises, aims to leverage social capital and create an industrial fund system with a total scale of no less than 200 billion yuan [6][24]. Group 2: Investment Ecosystem and Success Stories - Songshan Lake has attracted notable institutions like Sequoia Capital and Tencent Investment, enhancing its reputation in the investment community [8][9]. - The Songshan Lake Angel Fund, initiated in 2021 with a total scale of 1 billion yuan, has invested in 19 projects, including the high-tech startup Paibo Technology, which is expected to achieve significant revenue growth in the coming years [12][15]. - The success of local companies, such as those in the robotics sector, demonstrates the effectiveness of strategic investments and the role of funds in supporting various stages of business development [15][17]. Group 3: Future Development and Challenges - The establishment of the Songshan Lake Technology Financial Cluster aims to create a hub for investment institutions, with 14 leading organizations signing strategic cooperation agreements [18][20]. - The active participation of local private funds is crucial for the cluster's success, as they can better assess local projects and attract more investments [20][21]. - The development of a supportive ecosystem, including the recruitment of financial professionals and the establishment of favorable policies, is essential for retaining investment institutions and ensuring the cluster's growth [21][22][24].

本期导读： 四川 发布 创投 新政， 4000亿基金管理规模目标，鼓励降低或取消返投比例， 单一国资出资比 例可提高至70%…… 作者丨FOFWEEKLY 本期推荐阅读5分钟 值得关注的是，各地政策层面也持续发力，密集探索国资容错。近期，四川也正式吹响西南地区创 投"集结号"，围绕创业投资"募投管退"全链条，提出4000亿基金管理规模目标，取消注册地、鼓 励降低或取消返投比例等利好政策，打造全国创投高地。 打造全国创投高地 5月19日，四川省发布《推动创业投资高质量发展的若干措施》（下称《措施》），明确提出到 2030年年末力争全省私募股权、创业投资基金管理机构达到500家管理基金， 管理基金达到2000 只，基金管理规模达到4000亿， 打造全国创业投资高地。 在业内人士看来，这一政策被视为四川在科技金融领域的一次"系统作战"，直指行业"募投管退"四 大痛点： 募资端 ：从让利加大出资力度等多方着手。措施提出，支持四川省成果转化投资引导基金会同成 都市、德阳市、绵阳市、宜宾市等经济体量较大市的政府引导基金和国资基金共同设立创业投资基 金。 允许基金出资不与基金注册地挂钩，建立出资地与注册地收益分享机制，鼓励 ...

Core Viewpoint - The Guangdong Provincial Government has issued an "Action Plan" to promote high-quality development in venture capital, emphasizing government guidance and policy support to strengthen the venture capital ecosystem [2][3]. Group 1: Government Support and Policy Framework - The "Action Plan" consists of five chapters and 19 articles, with a focus on enhancing government guidance and policy support for venture capital development [2]. - It specifies the regulatory departments for venture capital enterprise registration in Guangdong Province, Guangzhou, and Shenzhen [2][7]. - The plan aims to cultivate high-quality venture capital institutions and encourages participation from various entities, including state-owned enterprises and research institutions [3]. Group 2: Funding Sources and Investment Mechanisms - The plan emphasizes broadening the sources of venture capital funding, particularly by encouraging insurance institutions to invest in venture capital funds [5]. - It introduces a "mother fund + sub-fund + direct investment" model for government-led venture capital funds to support strategic emerging industries [3]. - The plan also encourages the issuance of corporate bonds and debt financing tools by qualified venture capital institutions [5]. Group 3: Project Matching and Ecosystem Development - A mechanism will be established to connect venture capital with innovative projects, facilitating interactions between venture capital firms and startups [6]. - The plan highlights the importance of various platforms, such as the Guangdong-Hong Kong-Macao Greater Bay Area National Technology Innovation Center, to enhance project financing connections [6]. - It aims to implement a patent commercialization plan to support the growth of small and medium-sized enterprises [6].

智通财经5月16日电，广东省人民政府办公厅近日印发《广东省进一步促进创业投资高质量发展行动方 案》，其中提出，落实和完善国资创业投资管理制度，完善国有资金出资、考核、容错、退出相关政策 措施。按照建立国有企业履行战略使命评价的要求，健全符合创业投资行业特点和发展规律的国资创业 投资管理制度，探索按照整个基金生命周期进行考核，建立健全尽职合规责任豁免和激励约束等机制。 广东：完善国有资金出资、考核、容错、退出相关政策措施 ...

SAN JOSE, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended March 31, 2025. As of March 31, 2025, the Fund’s net assets were approximately $0.8 million, or $0.12 per share, compared with net assets of approximately $1.1 million, or $0.15 per share as of December 31, 2024. As of March 31, 2025, the Fund’ ...

Press ReleaseNokia and Celesta Capital launch Astranu to advance healthcare imaging technology Startup spin-out from Nokia Bell Labs will commercialize advanced healthcare imaging technology.Venture is the first in a Nokia – Celesta collaboration aiming to create a pipeline of spin outs from Nokia Bell Labs technologies.Astranu’s transformative technology delivers a highly performant, cost-effective imaging system for rapid and accurate 3D imaging of middle-ear conditions and hearing response. 15 May 2025Mu ...

以下文章来源于解码LP ，作者杨文静 活水。 翘首以待。 作者 I 杨文静 报道 I 投资界-解码LP 投资界-解码LP获悉，5月14日七部门联合印发《加快构建科技金融体制 有力支撑高水平 科技自立自强的若干政策举措》（简称"《政策举措》"），其中重点提及—— 设立 " 国 家创业投资引导基金 " ，将促进科技型企业成长作为重要方向，培育发展战略性新兴产业 特别是未来产业。 至此，这个备受关注的"航母级"引导基金即将诞生。 解码LP . 投资界（PEdaily.cn）旗下，专注募资动态 欢迎加入投资界读者群 5 ）引导 理财公司、信托公司 等依法依规参与创业投资。 这被视为今年最大创投活水。此前国家发展改革委主任郑栅洁在全国两会经济主题记者 会上透露，国家正在推动设立国家创业投资引导基金——聚焦人工智能、量子科技、氢 能储能等前沿领域，吸引带动地方、社会资本近1万亿元，基金存续期达到20年。 1万亿元 设立"航母级"引导基金 具体来看，《政策举措》由科技部、中国人民银行、金融监管总局、中国证监会、国家 发展改革委、财政部、国务院国资委七部门联合印发，从创业投资、银行信贷、资本市 场、科技保险、债券发行等八大方 ...

Core Insights - MDB Capital Holdings, LLC plans to host a Zoom webinar on May 21, 2025, to discuss its first quarter 2025 results [1][2] - The webinar will be led by CEO Christopher Marlett and will include discussions on recent developments, ongoing initiatives, and anticipated milestones [2] Company Overview - MDB Capital Holdings, founded in 1997, focuses on transforming deep technology ideas into valuable public companies through a unique public venture capital approach [3] - The company specializes in community-driven financings of pre-revenue, early-stage deep technology companies, primarily through initial public offerings (IPOs) on NASDAQ [3] Services Offered - MDB Capital operates as a self-clearing broker-dealer and provides services through its MDB Direct trading platform and PatentVest, an integrated intellectual property intelligence and consulting firm [4] - MDB Capital is a registered broker-dealer and a member of FINRA and SIPC [4]