Core Viewpoint - The establishment of the Guangdong-Hong Kong-Macao Greater Bay Area office of the Fund of Funds Research Center aims to enhance collaboration within the region and promote the development of the mother fund industry, aligning with national strategies for high-quality development and innovation [1][11]. Group 1: Event Overview - The event titled "Innovation Driven, Co-Creating the Future" was successfully held in Shenzhen, marking the unveiling of the Greater Bay Area office of the Fund of Funds Research Center [1]. - The event was guided by the Financial Services and Risk Prevention Center of Futian District and organized by the Futian Capital Operation Group and the Fund of Funds Research Center [1][3]. Group 2: Objectives and Goals - The Fund of Funds Research Center aims to promote the development of China's mother fund industry through industry research, news dissemination, intermediary services, and conference exchanges [1]. - The center will focus on addressing key issues in the mother fund industry, providing timely insights and strategies for government and investment institutions [1][5]. Group 3: Strategic Importance - The establishment of the office is seen as a response to the evolving investment landscape in the Greater Bay Area, facilitating a professional and efficient platform for fund practitioners and related enterprises [5][11]. - The initiative is expected to enhance the integration of capital and industry, fostering collaboration in research, talent acquisition, and technology transfer [3][5]. Group 4: Future Activities - The Fund of Funds Research Center plans to regularly host events such as mother fund exchange discussions, LP&GP matching meetings, and industry hot topic seminars in the Greater Bay Area [9]. - The center aims to deepen its engagement in the region, contributing to the collaborative development and innovative practices of the mother fund industry [11].

Core Viewpoint - Anhui province is at the forefront of China's venture capital reform, introducing measures to enhance investment confidence for venture capital institutions and provide essential support for technology innovation enterprises [4][5][15]. Summary by Sections Investment Guidelines - The Anhui Provincial Science and Technology Department released the "Guidelines for High-Quality Operation of the Anhui Angel Fund Group," proposing innovative measures across the entire fundraising, investment, management, and exit chain [6][7]. - The guidelines allow a maximum investment ratio of 70% from the mother fund to individual sub-funds, with no upper limit on the actual investment ratio from government funds or state-owned enterprises [7][9]. Fund Management Mechanism - The guidelines propose extending the operational period of well-performing mother funds to 20 years and allow for flexible exit timelines for quality enterprises [7][8]. - A more flexible and scientific return investment recognition mechanism is established, allowing for investments in companies relocating to Anhui or being acquired by Anhui-registered companies [7][9]. Assessment and Evaluation - The guidelines emphasize a significant shift in assessment philosophy, focusing on overall project investment performance rather than individual fund or project losses [8][9]. - A complete system is constructed to guide funds towards early, small, long-term, and hard technology investments [8]. Support for Early-Stage Enterprises - The guidelines define early-stage enterprises as those registered for less than five years, with fewer than 300 employees and a research and development intensity of at least 3% [8][9]. - The measures aim to prevent valuation bubbles in early-stage projects by supporting the establishment of a valuation model suitable for Anhui's context [9]. Investment Ecosystem - Anhui has built a comprehensive "fund jungle" ecosystem covering the entire lifecycle of enterprises, with a total subscribed scale of guiding funds exceeding 200 billion yuan, reaching 222.01 billion yuan [12][13]. - The province's guiding fund system has established 16 mother funds and 142 sub-funds, investing in 686 projects with a total investment amount of 34.92 billion yuan [12][13]. Capital Market Performance - As of June, Anhui has 186 listed companies, ranking seventh nationally, and 234 companies listed on the New Third Board, also ranking seventh [13][14]. - The province's continuous policy support and capital investment are translating into tangible capital returns, with 2025 expected to be a breakout year for Anhui enterprises entering the capital market [13][14].

Core Points - Scryb Inc. will proceed with a share consolidation on a basis of one new common share for every ten old common shares, effective August 13, 2025 [1][2] - The company currently has 323,187,472 common shares issued and outstanding, which will reduce to approximately 32,318,731 common shares post-consolidation [3] - No fractional common shares will be issued; any resulting fractions will be rounded down to the nearest whole number without cash compensation [3] - TSX Trust Company will send a Letter of Transmittal to shareholders for exchanging pre-consolidation share certificates for post-consolidation certificates [4] Company Overview - Scryb Inc. invests in and supports a portfolio of ventures across AI, biotech, digital health, and cybersecurity [5]

Venture capital firm Accel is leading a funding round for the German AI startup n8n that would raise the valuation of the company to $2.3 billion, sources say https://t.co/2AqJxgk410 ...

Framework Ventures leads $9 million seed round for web3-powered AI project Perle https://t.co/9NIXi6Xfqq ...

Airtree Ventures, an investor in Canva and AirWallex, has closed a $425 million fund focused on Australia and New Zealand, saying international interest is growing in the region’s startups https://t.co/kAY3jwy4C9 ...

人民财讯8月7日电，企查查APP显示，近日，马鞍山博望区特色产业创业投资基金合伙企业(有限合伙) 成立，出资额10亿元，经营范围包含：以私募基金从事股权投资、投资管理、资产管理等活动。企查查 股权穿透显示，该企业由马鞍山博新高科产业服务有限公司等共同出资。 ...

TriplePoint Venture Growth BDC (TPVG) Q2 2025 Earnings Call August 06, 2025 05:00 PM ET Speaker0Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Second Quarter twenty twenty five Earnings Conference Call. At this time, all lines have been placed in a listen only mode. After the speakers' remarks, there will be an opportunity to ask questions and instructions will follow at that time.This conference is being recorded and a replay of the call will be available in an au ...

Investment Focus & Strategy - Eclipse is at a seminal moment for physical industries, seeing significant interest and capital formation around both private and public companies in this sector [2] - The firm aims to capitalize on the re-industrialization trend supported by US policy and advancements in artificial intelligence to transform physical industries [3] - Eclipse emphasizes national security and economic sovereignty in its investment strategy, aligning with national priorities [4] - The firm will initially make smaller check sizes in early-stage ventures, scaling them over time as companies achieve escape velocity [7] - Eclipse is also prepared to make larger investments earlier for companies demonstrating strong traction [8] - The firm's sweet spots include supply chain solutions, semiconductors, defense tech, and autonomy, leveraging experience in electric vehicles, materials science, and battery technology [10] Key Lessons & Growth Drivers - A key lesson learned from companies like Tesla is the importance of a first-principles approach to building [11] - Product-market fit is crucial, solving customer problems and providing unique solutions [13] - Driving durable growth and ensuring long-term sustainability are essential for companies to become successful public entities [14] Team & Expertise - The Eclipse team has a decade-long vision and a competent team of builders [5] - The combination of the team's technical experience and the new partner's financial experience creates a synergistic effect [6]

Figma 的成功上市又诞生了大量 VC 投资故事，特别是早期参与了的 VC 基本上都是赢麻了。 如果按照当前的股价粗略来算， Index 获得了 1850 倍的回报，投资 390 万美金获得了 72 亿美金的收益，这个回报是整个基金 4 亿美金的 17.5 倍； Greylock 获得了 480 倍的回报，投资 1400 万美金获得了 67 亿美金的收益，回报是整个基金 6 亿美金的 10.8 倍； KP 获得了 240 倍，投资 2500 万美金获得了 60 亿美金的收益，回报是整个基金 7 亿美金规模的 8 倍； Sequoia 获得了 95 倍，投资 4000 万美金获得了 38 亿美金的收益，回报是整个基金 25 亿美金规模的 1.4 倍。 相当于这些 VC 只靠这一个项目就获得了数倍于整只基金规模的回报。除此之外，后续轮次参与的 VC 像 a16z 投资投了 5000 万美金大概获得了 15 亿 美金 30 倍的回报，而 Durable Capital 投资的 2 亿美金获得了 14 亿美金也就是 7 倍的回报。 当然每次这种大机会也会有错过的 VC，在 Figma 这个项目上，由 YC CEO ...