人民财讯1月9日电，企查查APP显示，近日，诚通创新创业投资基金(嘉兴)合伙企业(有限合伙)成立， 出资额10亿元，经营范围包含创业投资(限投资未上市企业)；股权投资。企查查股权穿透显示，该企业 由中国诚通控股集团有限公司全资子公司诚通科创私募基金管理(北京)有限公司等共同出资。 ...

AI investment in healthcare exceeded $18B in 2025; Investments grew in healthtech and device sectors SAN FRANCISCO, Jan. 8, 2026 /PRNewswire/ -- Artificial Intelligence (AI) dominated the healthcare investment landscape in 2025 as investments in AI healthcare companies represented 46% of total spending, according to the latest report from Silicon Valley Bank, a division of First Citizens Bank. While AI generated significant investment, the report found that overall investment in the healthcare sector was ...

作者 | IT桔子团队 排版 | 王梓璇 来源｜IT 桔子 图片 | AI生成 "请回答中国创投 2025： 五年间，其投资总额萎缩超过84%，市场份额从曾经占据三分之一江山跌落至仅剩一成。 当国资与产业资本成为牌桌上的绝对主力，当传统的VC融资路径被颠覆，一个根本性的问题摆在了所有市场参与者面前：在人民币基金的「主场」里， 还有美元基金的位置吗？ 断崖式退潮： 美元基金的「失落五年」 中国创投市场还有美元基金的位置吗？" 中国一级市场，一个曾经由人民币、美元基金双轮驱动的繁荣生态，正清晰地滑向一个由人民币主导的单极时代。 IT桔子数据显示，美元基金无论是在投资数量还是金额上，都经历了断崖式的收缩。 数据直观地展现了美元基金的退潮轨迹。 从交易数量来看，市场的天平已完全向人民币倾斜。 2021年，美元投资事件尚有871起，占市场总数的9.6%；到了2025年，这一数字锐减至225起，占比萎缩至仅2.5%。 与此同时，人民币投资事件的占比则从90.4%一路攀升至97.5%，几乎实现了对市场的全面覆盖。 金额上的变化则更加触目惊心。 2021年，美元资本以5329亿元的投资额占据了市场35.9%的份额，与人民币基 ...

After leading General Catalyst’s seed strategy for years, Niko Bonatsos has departed the firm. Known for backing an IPO-hopeful Discord and the $10 billion startup Mercor, Bonatsos told TechCrunch he intends to launch a new early-stage VC firm alongside “friends.” Bonatsos is the latest investor to leave General Catalyst, a firm that recently expanded beyond the traditional venture model. Over the last few years, General Catalyst unveiled a wealth management business, a strategy focused on PE-style AI ro ...

Lux Capital, a 25-year-old VC firm known for its investments in frontier science and defense technology, has closed a $1.5 billion ninth fund, the largest fund in the firm’s history. Despite 2025 marking a 10-year low for the number of new VC funds raised in the U.S., according to PitchBook, it’s not hard to see why limited partners are still piling into Lux. The firm has been investing in defense technologies for years before geopolitical shifts turned the sector into one of the most desirable investm ...

As I was wading through the waters of all our predictions, readers painted a picture of possibilities and pressure in the private markets.AI, on one hand, is a force multiplier—on the other, it will be unevenly impactful and the losses as the industry consolidates will be staggering. Liquidity, meanwhile, is making a comeback, albeit with a new normal. Velocity is increasing, but so is fragility. There was also an echo of “bigger, fewer, and with more power,” that the wave of capital concentrating at the la ...

作者 | IT桔子团队 排版 | 王梓璇 来源｜IT 桔子 图片 | AI生成 "请回答中国创投 2025： 国资崛起，国家队在创投市场直接投资的活跃度有多高？" 过去五年，中国一级市场经历了深刻的结构性变革。 从定义上看，国资背景的机构是指由政府部门、国央企、事业单位或其他国有资本直接或间接控股的投资机构。 从范围上看，本文统计的国资背景机构主要包括两大类： 第一类是政府引导基金。这是最典型的国资投资主体，包括国家级产业基金和地方政府引导基金。例如国家集成电路产业投资基金、北京国管、深创投、 广州基金等。 第二类是国企/央企投资平台。中央企业和地方国企设立的产业投资基金或企业创投（CVC），如中移创新基金、尚颀资本、招商局资本、中信资本等。 需要特别说明的是，市场上还存在一类机构——它们由民营团队管理，但其管理的基金中有国资作为LP（有限合伙人）参与。这类头部市场化机构数量 不少，在本文统计中，这类机构仍被视为市场化机构，不在本文的「国资背景机构」统计范围之内。 IT 桔子最新数据显示，国资背景机构在一级市场的渗透率从2021年的35.46%稳步攀升至2025年的44.55%，增长了9.09个百分点。 这意 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、对外投资概述 为落实战略发展规划，在立足主业的同时适度开展新经济产业股权投资，以提升企业可持续发展综合竞 争力，甘肃上峰水泥股份有限公司（以下简称"公司"或"本公司"）以全资子公司宁波上融物流有限公司 （以下简称"宁波上融"）为出资主体，拟出资9,000万元与专业机构苏州工业园区兰璞创业投资管理合 伙企业（有限合伙）（以下简称"兰璞创投"）合作，合资成立私募股权投资基金一一苏州睿存创业投资 合伙企业（有限合伙）（以下简称"苏州睿存基金"），该基金总的认缴出资额为17,300万元，投资后， 宁波上融在苏州睿存基金的出资占比为52.02%。 苏州睿存基金的投资方向和领域为：主要为半导体材料、设备及零部件等硬科技领域，亦可投资主要投 向为半导体材料、设备及零部件等硬科技领域的私募股权投资基金，具体的投资金额、估值以及条款由 投资决策委员会作出的投资决策为准。 本次合作投资事项属于经公司第十届董事会第四十次会议审议通过的新经济产业投资额度范围内，无需 提交公司股东会审 ...

过去五年，中国一级市场经历了深刻的结构性变革。 IT 桔子最新数据显示，国资背景机构在一级市场的渗透率从2021年的35.46%稳步攀升至2025年的44.55%，增长了9.09个百分点。 这意味着，如今中国每发生10笔一级市场投资交易，就有超过4笔背后有国资机构的身影。 这个数字标志着中国创投市场正式进入「国家队时代」——国资不再是市场的补充力量，而是主导性参与者。 什么是「国资背景的机构」？ 在讨论国资渗透率之前，有必要明确 IT 桔子对「国资背景的机构」的定义与范围。 从定义上看，国资背景的机构是指由政府部门、国央企、事业单位或其他国有资本直接或间接控股的投资机构。 从范围上看，本文统计的国资背景机构主要包括两大类： 第一类是政府引导基金。这是最典型的国资投资主体，包括国家级产业基金和地方政府引导基金。例如国家集成电路产业投资基金、北京国管、深创投、 广州基金等。 第二类是国企/央企投资平台。中央企业和地方国企设立的产业投资基金或企业创投（CVC），如中移创新基金、尚颀资本、招商局资本、中信资本等。 需要特别说明的是，市场上还存在一类机构——它们由民营团队管理，但其管理的基金中有国资作为LP（有限合伙人 ...

Core Viewpoint - The article highlights the active participation of industrial Limited Partners (LPs) in the investment market, particularly focusing on the establishment of a new mother fund by a major liquor company, which signals a broader trend of revitalization in the investment landscape [2][3][4]. Group 1: Fund Establishment and Investment Strategy - The newly registered mother fund in Suqian City has a total scale of 1.5 billion yuan, with significant contributions from Suqian Industrial Development Group and Yanghe Distillery [5]. - The fund's investment focus includes intelligent manufacturing sectors such as robotics, artificial intelligence, and data industries, with a commitment to early, small, long-term, and hard technology investments [6]. - The fund has a lifespan of 15 years, with an investment period of 8 years and an exit period of 7 years, and it will not hold more than 30% of shares in any single investment [6]. Group 2: Market Trends and LP Activity - Since 2025, the primary market has shown signs of recovery, with institutional LP contributions reaching approximately 1.24 trillion yuan in the first three quarters, a 9% year-on-year increase [8]. - The number of newly registered funds has increased by 15.18% year-on-year, indicating a growing interest from LPs, particularly industrial LPs, who are leading in investment frequency [8]. - The investment landscape is characterized by a busy schedule for investors and fundraising teams, reflecting a significant uptick in activity across both investment and fundraising sectors [9][10]. Group 3: National Policy and Market Structure - The entry of "national team" funds into the venture capital market marks a significant shift, with increased government support for industrial investments [14]. - The establishment of the National Venture Capital Guidance Fund and regional mother funds aims to inject substantial capital into the market, focusing on future industries like artificial intelligence and advanced manufacturing [15]. - The ongoing support from national-level funds is expected to address market funding gaps and foster a more sustainable investment environment, with projections for continued market recovery into 2026 [15][17].