小微创投&投早投小 作为股权投资行业的从业者，之前写了不少本行观察的文章。从自身的从业来说，写这个题材，一、是为了吐槽一下干这行的不容易；二、是了解自己、 定位自身。我们这个行业的同行，大多时间是在研究被投项目的赛道分析，而很少去分析自己在行业位置定位和竞争力。圈外人觉得："私募"、"股 权"、"投资"、"天使投资人"......这些词汇，听起来都是相对比较高大上的名词。给别人投钱那是朝南坐，纯甲方！实际上，这个钱也不是大风刮来的，募 集就是求人，投完还是要退出。募集和退出，是纯乙方的活--求单和要账，这是全天下最难的几个事之一。真正做全整套链条，也只有自己知道：这活， 真不好干！ 在这三个前提下，我估计机构数量从10000多家注册，可能降到100家的规模了。系统中数量很多，但是活着的真不多了。而这样的一百家规模，其实也不 都是一个物种。 猫和虎，都是猫科动物，但完全不一样，也不是一回事。 中国股权行业从2000年初起步，到今天有快25年的历史了。机构数量最多时候有3万家注册，细分主业其实也是千奇百怪。如果把与我们类似的同类（比 如说猫科动物），可以先这样用这样的条件先筛一圈： 1. 有人民币基金，非纯美元； ...

PitchBook Data, Inc. Nizar Tarhuni Executive Vice President of Research and Market Intelligence Paul Condra Global Head of Private Markets Research James Ulan Director of Emerging Technology Research Institutional Research Group Analysis Kazi Helal, Ph.D. Senior Research Analyst, Biotech and Pharma Data Sara Good Data Analyst pbinstitutionalresearch@pitchbook.com Publishing Designed by Jenna O'Malley Published on May 29, 2025 Contents | Key takeaways | 1 | | --- | --- | | Introduction: Biotech VC fund ecosy ...

以下文章来源于小贝创投圈 ，作者小贝Edwin 小贝创投圈 . 由资深PE、VC、投行人士发起，通过搭建国内一流创投圈子，培养新一代创投人才的有温度的组织。 近期和一级市场投资的伙伴交流，普遍的反馈是在躺平，特别是市场化的 VC/PE基金。 原因不难理解，甚至问题也是过往十年慢慢积累的，可以说，整个创投行业就在大幅洗牌和重 新梳理阶段。 原因之一，投资人信心严重不足了。 无论是产业方、还是高净值老板和个人，对待长期投资这件事上都几乎到了信心最低点。 国际关系在持续的发酵、国内的内卷趋势在加剧，对微观商业的影响是实实在在的，无论是老 板们还是老百姓都切身感受到了，当年任正非说的 "让寒意传导给每个人"，如今真的实现了。 前几天在给一个大金主家办推荐一个资产，家办负责人的原话是： "除非这个资产打一折，让 老板能捡漏，不然老板绝不会在这个时候出手。" 我和家办老大哥调侃到，起码这位老板还是有意愿的，已经强过 9 0%的老板。很多老板压根真 就躺平了，不然发过去连个声响都没。 我们必须正视现状，在当下，绝对部分个人和企业的长期投资意愿都很弱，这对一级市场在短 期内是极大的弱行情。 原因之二，高收益的资产变得很少。 ...

Core Viewpoint - ProVen Growth and Income VCT plc reported its annual financial results for the year ended 28 February 2025, highlighting a decrease in net asset value per share and a consistent dividend yield [1][2]. Financial Performance - The net asset value (NAV) per ordinary share decreased to 50.2p as of 28 February 2025, down from 54.7p the previous year, reflecting a year-on-year change of (3.2)% [2]. - Total return, which includes net asset value plus dividends paid since the launch of the 'C' Share class, was 131.35p, slightly down from 133.1p [2]. - Dividends paid for the year remained stable at 2.75p per share, resulting in a dividend yield of 5.2% based on the opening NAV per share at 1 March 2024 [2][4]. Dividend Proposal - The Board proposed a final dividend of 1.5p per share for the year ended 28 February 2025, subject to shareholder approval at the upcoming AGM [3]. - The total tax-free dividends for the year amount to 2.75p per share, providing a cash return to shareholders [4]. Annual General Meeting (AGM) - The next AGM is scheduled for 15 July 2025 at the offices of Beringea LLP, with options for shareholders to attend in person or via video conference [5][6]. - Shareholders are encouraged to submit their votes electronically and can submit questions in advance of the AGM [7][8]. Shareholder Engagement - The Annual Shareholder Event is set for 15 July 2025, providing an opportunity for shareholders to engage with the Investment Manager and the Board [10][11]. - The event will be held online to ensure broader access for the shareholder base of over 12,000 [11].

Core Points - ProVen VCT plc announced its final results for the year ended 28 February 2025, with the results approved by the Board on 5 June 2025 [1] Fund Overview - The net asset value (NAV) per Ordinary Share decreased from 65.2p in 2024 to 62.9p in 2025, reflecting a year-on-year change of -3.5% [2] - Total dividends paid since launch increased from 84.25p in 2024 to 87.5p in 2025 [2] - The total return, which includes net asset value plus dividends paid since launch, rose slightly from 149.45p in 2024 to 150.4p in 2025 [2] - The year-on-year change in NAV per Ordinary Share, adjusted for dividends paid, was a decrease of 1.5% [2] - The dividend yield remained stable at 5.1% for both years [2] Dividends - The Board proposed a final dividend of 1.75p per share for the year ended 28 February 2025, subject to shareholder approval at the upcoming AGM [3] - Total tax-free dividends for the year amounted to 3.25p per share, representing a cash return of 5.1% based on the opening NAV per share at 1 March 2024 [4] Annual General Meeting (AGM) - The next AGM is scheduled for 15 July 2025 at the offices of Beringea LLP in London [5] - Shareholders can attend the AGM in person or via video conference, with remote attendees unable to vote or ask questions [6][7] - Shareholders are encouraged to submit questions in advance via email [8] Shareholder Event - The Annual Shareholder Event will be held online on the morning of the AGM, providing an opportunity for shareholders to engage with the Investment Manager and Board [9][10] - The event aims to ensure equal access for all shareholders, with registration available online [11]

出品：新浪财经创投Plus 编辑整理：shu 基于公开数据不完全统计，2025年5月境内新增登记私募股权、创业投资基金管理人只有2家，较4月骤降83.3%，与2024年5月相比减少60%；新增备案私募 股权投资基金、创业投资基金合计339只，同比增长55.5%，环比下降18.7%。 国内一级股权投资市场共发生428起融资事件，同比、环比分别减少13.6%、18.0%；披露总融资额约182.33亿元，与2024年5月基本持平，较2025年3月缩水 21.5%；平均单笔融资额约4290.04万元，创下近五个月内最低点。 结合中国证券投资基金业协会、天眼查和官方网站公开披露的信息显示，毅达资本是江苏省人民政府出资设立的江苏高科技投资集团旗下管理机构，目前管 理资本规模超1200亿元。其投资阶段覆盖天使期、初创期、成长期和成熟期，投资领域包括清洁技术、健康产业、新材料、先进制造、消费服务、文化产业 和TMT行业。 机构加速出清，叠加五一、端午假期影响，募投端均呈现量价齐跌的趋势。新浪财经创投Plus本月聚焦市场活跃度较高的3家机构，围绕其投资节奏、阶 段、行业偏好以及被投项目等方面展开解读。 两只马鞍山产业基金共募2 ...

For more information please refer to AIML's press release dated June 3, 2025: "AIML Subsidiary Neural Cloud Signs LOI with Circular Health to License MaxYield(TM) ECG Signal Processing". About ThreeD Capital Inc. ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD's investment strategy is to invest in multiple private and public companies across a variety of sectors globally. Thr ...

Leadership Transition - Matthew Hayden will transition from a board director role to a newly created position as Entrepreneur in Residence effective June 30, 2025, leveraging his three decades of experience to support early-stage disruptive technology companies [2][3] - Dan Torpey has been appointed Chair of the Audit Committee effective February 13, 2025, bringing 24 years of experience as an Assurance Partner at Ernst & Young LLP, enhancing MDB's governance and operational rigor [3] Company Strategy - These leadership transitions reflect MDB's commitment to building a world-class leadership team to support its strategy of launching and scaling transformational technology ventures [4] - MDB Capital Holdings focuses on launching "Big Ideas" into valuable public companies through community-driven financings of pre-revenue, early-stage disruptive technology companies, primarily via early public offerings on NASDAQ [5]

TORONTO, May 29, 2025 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2025. As at March 31, 2025, the Company had cash, investments and digital assets of $37.4 million. As at March 31, 2025, net asset value per share w ...

IRVINE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- ECGI Holdings Inc. (OTC: ECGI), a diversified holding company focused on viticulture, equestrian markets, and emerging innovation, today announced the launch of Uplist Ventures (uplist.vc), a new initiative to identify, support, and scale overlooked startups with the potential to enter public markets. Uplist Ventures will invest in pre-seed through Series B companies, with a preferred focus on those at the Series A and B stages. The firm is targeti ...