Core Viewpoint - The article emphasizes the importance of scientific talent in driving innovation and investment in cities, highlighting the trend of venture capitalists (VCs) seeking projects in research institutions where scientific expertise is concentrated [2][11]. Group 1: Company Overview - Li Bo Bio recently completed nearly 100 million yuan in Pre-A round financing, led by Tian Shi Li Capital and Pan Lin Capital, with participation from Yuan Sheng Venture Capital and Zhejiang Province's "4+1" biomedicine and high-end equipment industry fund [3][4]. - Founded in September 2022, Li Bo Bio focuses on RNA research, leveraging AI to discover stable tertiary structures in RNA and predict their folding shapes and small molecule binding pockets [6][4]. - The founding team includes notable scientists such as Professor Zhou Yaoqi, Dr. Zhan Jian, and Dr. Fang Chao, who bring extensive experience in structural biology and small molecule drug development [4][6]. Group 2: Research Institutions - Shenzhen Bay Laboratory, established in 2018, has over 200 staff and focuses on basic and applied research, promoting the transformation of research results into industrial applications [8][9]. - The laboratory has collaborated with major companies like Huawei and has incubated several tech companies, including Li Bo Bio and Bay Shadow Technology [8][9]. - The article notes that the concentration of scientific talent in research institutions is attracting significant attention from VCs, as these institutions are seen as key sources of innovative technology [11][12]. Group 3: Investment Trends - There is a growing trend of VCs targeting research institutions and university laboratories for investment opportunities, recognizing that hard technology is likely to be a major investment theme for the next decade [11][12]. - The article highlights that research institutions provide a unique environment conducive to innovation, free from the academic pressures found in universities, allowing for more practical product development [13]. - The shift in focus towards research institutions is reshaping the investment landscape, with the concentration of scientific talent becoming a critical factor in determining a city's future potential [13].