导读： 全国第一只AIC母基金来了，落地深圳。 作者丨FOFWEEKLY 深圳，又走在创新前列。 据悉， 该基金由建信金融资产投资有限公司、深圳市海洋投资公司、深圳市引导基金、福田区引 导基金共同发起设立， AIC母基金规模70亿元，后续拟设立的子基金放大规模为200亿元。 这将 成为继建信领航战略新兴产业发展基金后，福田区与中国建设银行联合设立的第二支股权投资基 金，进一步夯实双方在股权投资领域的深度协同基础。基金旨在通过"耐心资本"之间的携手，共同 服务于产业投资、并购整合、强链补链和投贷联动等多重目标。该基金的落地，标志着AIC首次通 过母基金的方式参与深圳市"20+8"产业投资，为招引银行资金参与战略性新兴产业投资打造了"深 圳金融样板"。 福田区引导基金在文章中指出： 该基金创新采用母子基金架构， 聚焦投资深圳的基金群总规模有 望达到200亿元，有效打通银行资金放大落地"最后一公里"。通过撬动广泛社会资本以及与产业链 链主联动的方式，该基金将投资于深圳市"20+8"产业基金、CVC基金以及并购基金等多重类型的 子基金，将与我市"20+8"产业基金形成错位补位投资，共同服务深圳市"20+8"产业高质量 ...

虽然挑战犹存，部分从业者虽仍感阵痛，但市场的积极转向已不容忽视。 话音未落，一位刚聊完项目的投资人，已起身准备"赶场"——下一站，是奔跑前往深圳的高铁。 而这样高频的"双城记"乃至"多城记"，又成为许多从业者的常态了。 湾区速度 经过几年的资本寒冬与估值回调，市场正在显现出结构性"回暖"迹象。 据FOFWEEKLY数据显示：9月有1175家机构LP对股权投资基金进行了出资，出资笔数共计1282笔; 据 不完全统计，9月份机构LP 一共参与了572支基金的出资。根据机构LP出资的趋势来看，9月份出资机 构数量有所增长，出资笔数也持续增加，市场活跃度较上月有所上涨。 值得关注的是，9月机构LP出资最活跃的地区为浙江省，而广东省则超越江苏省位居活跃出资第二位。 而广东的活力，依然主要体现在深圳。今年3月份，《深圳市促进风投创投高质量发展行动方案（2025- 2026）》（以下简称《行动方案》）正式发布。《行动方案》针对创投的募资、投资、退出等方面明确 安排，旨在推动深圳风投创投行业的高质量发展，大步迈向国际风投创投中心。《行动方案》明确到 2026年形成万亿级产业基金群，VC/PE基金数量突破1万家。 一级市场热闹 ...

Group 1 - Shenzhen Nanshan District has launched an "AI Fund Group" with a total scale of 3 billion yuan, aimed at supporting AI and embodied robotics sectors through a collaborative capital matrix [2] - The Shenzhen AI and Embodied Robotics Industry Fund has a target scale of 2 billion yuan, focusing on various segments of AI technology commercialization [2] - The Lihua AI and Embodied Robotics Industry Fund aims for a scale of 500 million yuan, leveraging national research resources to support AI projects from lab to application [2] - The Shouhui Zhiyuan Fund, also with a scale of 500 million yuan, represents a significant cross-regional investment initiative between Beijing and Shenzhen [2] Group 2 - The "X-Day" roadshow project, initiated by the Nanshan government, aims to provide substantial industrial space and support for innovation, having already welcomed 24 enterprises since its launch [3] - The Nanshan District is implementing a "policy + capital + project" approach, resulting in over 2000 investment connections for 101 companies and cumulative financing exceeding 475 million yuan [3] - The Shenzhen government is transitioning from a reactive role to a proactive "ecosystem builder" in the AI sector, enhancing its support for startups [5] Group 3 - Shenzhen has released an action plan for the development of embodied intelligent robotics technology from 2025 to 2027, focusing on core components and AI chip development [4][5] - The plan emphasizes the development of high-performance AI chips and integrated systems to support the robotics industry, aiming for domestic alternatives [5] - Shenzhen's strong hardware manufacturing capabilities provide a unique advantage in the AI sector, enabling rapid commercialization and collaboration among companies [5]

Core Viewpoint - Shenzhen Nanshan District is making significant investments in AI and embodied robotics, launching a new "AI Fund Group" with a total scale of 3 billion yuan to support the development of the AI industry and accelerate the commercialization of technological achievements [1][5]. Fund Structure - The "AI Fund Group" consists of three funds: - The Shenzhen Artificial Intelligence and Embodied Robotics Fund, led by Shenzhen Capital Group, focuses on a wide range of fields and investment stages [3]. - The Lihua Fund emphasizes early-stage projects, leveraging its strengths in this area [3]. - The Shou Cheng Fund targets growth-stage companies, primarily focusing on Series B and later stages [3][5]. Investment Focus - The Shenzhen Artificial Intelligence and Embodied Robotics Fund has a scale of 2 billion yuan, targeting investments in the foundational, technical, and application layers of AI and embodied robotics [5]. - The Lihua Fund aims for a target scale of 500 million yuan, linking national universities and research institutions to support the commercialization of AI projects [5]. - The Shou Cheng Fund, also with a scale of 500 million yuan, focuses on AI, robotics, and intelligent manufacturing, marking a collaboration between state-owned assets from Beijing and Shenzhen [5]. Ecosystem Development - The Shenzhen Moli Ying AI Ecological Community serves as a key platform for fund investments and enterprise incubation, fostering a concentrated environment for AI industry development [4][6]. - Since its establishment, Moli Ying has attracted over 500 companies, with 102 successfully settled, indicating a growing AI industry cluster [6]. Policy Support - The Nanshan District has introduced a "six ones" policy to provide comprehensive support for startups, including housing, workspace, and financial assistance [6][7]. - The local government is actively reducing the cost of living and entrepreneurship for young entrepreneurs, attracting talent from outside Shenzhen [7]. Comparison with Other Regions - Moli Ying emphasizes the application ecosystem of AI, contrasting with Shanghai's focus on model research, showcasing Nanshan's advantages in AI application implementation [8]. - The "X-Day" event has facilitated connections between projects and over 2,000 investment institutions, demonstrating a successful integration of policy, capital, and projects [8].

「解码 LP 」系投资界旗下专注 LP 报道公众号，关注各地基金政策，捕捉 LP 最新动态，欢迎关注！ 近 日 ， 在 2 0 2 5 苏 州 " 人 工 智 能 +" 产 业 创 新 大 会 暨 云 智 算 技 术 生 态 大 会 上 ， 苏 州 亮 出 AI 计 划：宣布"AI+科技" "AI+产业" "AI+民生" "AI+治理"四大方向，并立下目标—— 到2 0 2 6年底，全市打造2 0个市级AI产业园，培育3 5 0个垂类大模型、2 0 0个典型应用场景， 全市智算规模达1 7 0 0 0PFLOPS，同时组建超5 0 0亿元AI基金群，实现超1 2 0个AI服务算法 国家备案，同时主导1 0 0项AI标准，建设5个全国性开源平台。 其中，超5 0 0亿的AI基金群备受关注。目前基金细节还未详细披露，但苏州抢滩AI产业的 决心溢于言表。 LP 上海未来产业基金又出资了 根据公开信息统计：截至周五下午，本周（9月20日-9月26日）LP动态共26起。 LP 5 0 0亿，苏州争抢AI 东久新宜宣布，其新一期人民币基金已成功完成募集，并将投资于全国范围内的优质新经济 基础设施资产。本基金投资规模约3 ...

Core Insights - Suzhou aims to accelerate the development of its AI industry, targeting over 3,000 AI companies and an annual growth rate of over 20% in the smart economy sector by the end of 2026 [4][6] - The city plans to establish an AI fund cluster exceeding 50 billion yuan, reflecting its strong commitment to the AI sector [6][7] Group 1: AI Development Plans - Suzhou's "Artificial Intelligence +" action plan includes four main directions: AI + Technology, AI + Industry, AI + Livelihood, and AI + Governance [6] - The city aims to create 20 municipal AI industrial parks and develop 350 vertical large models and 200 typical application scenarios by 2026 [6] - Suzhou's AI computing power is expected to reach 17,000 PFLOPS, with plans to lead 100 AI standards and build five national open-source platforms [6] Group 2: Investment Initiatives - The city has previously announced a total investment of nearly 100 billion yuan in various specialized industry funds, including a 10 billion yuan AI industry fund and a 10 billion yuan embodied robotics fund [6][7] - A 6 billion yuan AI chip industry fund was established to support local innovative enterprises with key technologies and development potential [7] Group 3: Competitive Landscape - Other cities like Shanghai, Hangzhou, and Shenzhen are also heavily investing in AI, with Shanghai launching a 60 billion yuan national AI industry investment fund and Hangzhou planning a fund cluster exceeding 100 billion yuan [9][10] - Beijing has set up a 100 billion yuan government investment fund to support AI and robotics, indicating a competitive race among major cities for AI dominance [10]