The crowd is 1 billion yuan in the new capital of capital, and the industry LP exceeds 50 %

Another renminbi raised funds.

According to the news of the investment community on June 20, the capital announced that its RMB funds were closed for the first time today, with a fundraising scale exceeding 1 billion yuan. Last summer, the public announced the closure of the new US dollar fund for the capital, and the fundraising was equivalent to more than 5 billion yuan. At this point, the capital is more than 10 billion yuan in capital.

As for the LP lineup that the outside world cares about, the fundraising for Capital this time has received strong support from investors such as national parent funds, top institutional investors and family offices. At the same time, there are more leading companies from different industries to join, and the first customs has introduced many industrial investors represented by listed companies such as Focus Media and Kim Dawei Group, of which more than 50 % of the industrial LP.

成立于2015年，众为资本身上最显著的特征是聚焦产业投资，至今投资了第四范式、树根互联、地平线、依图科技、乐言科技、思派健康、奕斯伟硅片、奕Siwei Computing, Yunbao Intelligence, Shihe Robot, Hongye Cyclone, Fa Da, BOSS Direct Appointment, Xiaopeng Automobile, Hetao Noodles, GOTO and other well -known companies. It is reported that the New Fund will continue its previous investment strategy and follow the context of industrial technology investment, deeply cultivate digital economy, hard technology, consumption and maritime track, focusing on investment technology -driven growth period excellent companies.

Why do you move RMB LP?

Last year, BOSS was directly hired to land in US stocks with a market value of over 10 billion US dollars. This year, the Southeast Asian giant GOTO was listed in Indonesia with a market value of over 30 billion US dollars. The fourth paradigm, tree roots interconnection, and thought health are also ready to go, and will be listed soon.

A organization that starts to enter the IPO harvest season, which may be a rough impression on the public as capital.

Yao Anmin, a capital partner, said that "the project in the direction of industrial science and technology is difficult to usher in explosive growth in a short period of time. Often, it is more patient. Cash-Burn does not necessarily accelerate the company's business development, but it is likely to be puzzled. The strategy of supporting the entire fund to support the entire fund's return by a single project cannot work. The effective balance between the pursuit of investment risks, exit time, and project return is the best solution to the era of industrial science and technology investment. "

It is reported that the target setting of the RMB Fund for this period was 1.5 billion from last fall. Just after the Spring Festival this year, over 1 billion funds were raised in place, and two -thirds of the fund size were completed in one fell swoop. This is a good result when RMB fundraising is difficult.

In 2015, the public was officially established. At that time, the mobile Internet dividend was still there, and TMT investment was in full swing. However, the capital has always adhered to the investment strategy of "technology+industry". It is not common among the US dollar funds established during the same period. For today's RMB fundraising, this strategy is also the intangible ruler in LP's hands, so all the water is successful.

To this day, we see that the demand for institutional LP differentiation allocation of assets is getting stronger and stronger. For the capital, this question can evolve into: how to build an industrial resource ecology, so as to empower the investment strategy of "technology+industry"?

In this regard, Xu Wei, a capital partner Xu Wei, said: "As an independent financial investment institution, the investment strategy of 'Technology+Industry' has been adhered to it since its establishment. At that time, it was difficult for us to have the opportunity to have a big Internet platform. In the future, scientific and technological innovation will definitely land into various industrial scenarios. This requires us to enter the industry, sort out industrial logic, and internalized industry cognition. People hope to build an industrial resources ecology for capital to form a unique competitive advantage. "

How can a financial investment institution build an industrial ecology?

Congress gives their own answers: high -frequency interaction with ecological members in all aspects of investment.

Xu Wei introduced that the industrial resources ecology covers an independent industrial expert library, regular industrial partners accumulated in the industry TOP-DOWN research, and the industrial investors behind them, including the outstanding founders of the investment enterprise.

A high -frequency communication with the industrial expert library to accelerate cognitive precipitation. This expert library covers the executives, technical experts or senior professors of many industrial head companies; in the specific investment actions, after the investment team has made in -depth sorting and research on the industry, they will bring their own problems with their own problems. Share collision with experts in the industry, and this two -way output communication has also continuously expanded public networks for their own experts.

To accumulate industry cognition, it is essential to sort out and research in the complicated industry. Generally, a complete track is needed to sort out and investigate a large number of companies in the direction of various subdivisions in order to form its own basic judgment. This process is often the process of project Sourcing, and solid industry cognition will bring unexpected chemical reactions.

After 2015, the wave of industry 4.0 began to start with mature foreign industries. Industry transformation and upgrading often accompanied by intelligent opportunities. After locking the digital direction of the combination of hard and hard, the public began industry research for the team, and went deep into the front line of the manufacturing industry to visit and investigate each manufacturing ecological partner, including Professor Li Jie, a senior expert in the industrial Internet field.

After a large number of startups in this direction, the root of the tree root entered the field of vision of the team. The "Shaoyong Family" Liang of the helm of the roots of the tree roots was in the middle of the Sanyi Heavy Industry. After graduating from Harvard, he started from the grassroots level at the grassroots level, and took the initiative to ask for the industrial Internet sector to hatch the tree root interconnection.

After the system has studied the strategy of tree roots interconnection, the public discovery of the capital found that the trees of the tree root not only integrated the industrial intelligent transformation experience of the machinery industry for many years, but also the team has a very entrepreneurial spirit and can be in strategy and tactics. To solve the pain points of industrial pain, efficient execution also impressed the public. Before the company is about to enter the inflection point of high -speed growth, in early 2019, the public invested in the early B -round financing of the trees for capital. At present, tree root interconnection has been submitted to the science and innovation board listing materials.

Yao Anmin said, "On the basis of fully accumulating the industry cognition, we can maintain a channel with more industrial people. It is definitely not possible to know that a half -knowledge door. At that time, seeking truth from facts is a very important standard within us.

Today, this label is also recognized by more industrial partners. After completing the investment of tree roots, the crowd had the opportunity to participate in the Sanying Workers' incubation of Sanying Group, and laid out the field of intelligent construction.

With the gradual display of investment performance, more and more industrial partners have chosen to integrate into the ecology and turn into the industry LP. At the same time, some long -term cooperative industrial experts have also become popular investment partners.

When VC/PE is competing for industrial resources

Investment in the perspective of the industrial perspective is one of the core strategies. From the needs of industrial customers, focus on the specific industries, and to find the "card neck" link in the industrial chain and the largest part of the space of scientific and technological innovation.

Yun Leopard Smart is such an investment case. The underlying judgment of the team's investment in the project is that China's digital economy industry is developing at a high speed, and the construction of data centers will be an important highland of the future digital economy. A large number of emerging applications will put forward new demand to data centers, and DPU will lead the leading DPU. Change and evolution of data center infrastructure.

Looking at the world, the DPU is in the early stages of developing and manufacturing in various countries, and it is necessary to have a deep link with various industries. After visiting multiple giants in the Chinese data center industry, in the process of carefully searching for related entrepreneurial teams, the public discovered the team's most dazzling cloud and leopard intelligence. Dr. Xiao Qiyang, the founder, is both a MIT lifelong professor and a successful continuous entrepreneur. He has been in the semiconductor industry as a Qualcomm executive for many years. Such experiences are not available for many teams.

There is another scientist in the ecology, the fourth paradigm Dai Wenyuan. In 2017, the crowd of Capital had the fourth paradigm B financing. Today, this unicorn has also submitted an application for listing in Hong Kong.

At the beginning, after clarifying the technological innovation trend of artificial intelligence and machine learning, the crowds crossed the technological trends horizontally and vertical and vertical, and it was easier to find investment opportunities for the cross point. Which industry has the most paid capacity? The financial industry must be second to none. Among the people, the fourth paradigm is digging the financial industry customers.

In the process of contacting the fourth paradigm, the people have settled another way -have participated in multiple offline exchanges around the country as "customers". The reason is simple. Customers' voices are the most authentic feedback in market demand. The product maturity of the fourth paradigm is leading, and before stepping on the high -speed growth pedal, the crowd has led the B round for capital. In just a few years, the revenue of the fourth paradigm also jumped from tens of millions to one billion levels.

Along the perspective of the industrial perspective, from the two endpoints of technical strength and commercial landing, in the wave of artificial intelligence in the previous wave of artificial intelligence, the public invested in the fourth paradigm, Yitu Technology, and Leyan Technology for capital.

Looking at the current venture capital market, the industry LP is a high -quality investor in many institutions competing for. The reason is that GP can not only use the industrial LP to accumulate industrial cognition, but also the actual industrial resources are also dreaming of the investment enterprises of each institution.

In the first half of this year, the public led the main line technology -main line technology. In public interviews, Zhang Tianlei, the founder of the main line technology, especially emphasized that before signing TS, he will be connected to him with industrial resources such as Hutchison Whampoa, SF Holdings, Extreme Rabbit Logistics, and Debon Logistics. It is also to win the leadership of the well -known CVC. CONVERTLAB, another invested company, focuses on the field of intelligent marketing. It has also introduced high -quality customer resources such as World Union, Sikeccch, Jiuyang Electric, Dilu and other high -quality customer resources.

Xu Wei revealed that two years ago, the public established the public consumer research institute for the joint venture of capital and Focus Media to track and investigate the consumer behavior of consumer tracks and consumer behaviors for a long time. Investment companies.

Speaking of consumer investment, Xu Wei said, "The people have always maintained in -depth communication with consumer industry partners, which greatly deepened our awareness of the founders of outstanding brands and consumer projects, and will also actively shoot this year. For consumption The judgment of the project is that the founders and teams will be able to sink down and respect the laws of the consumer industry. The brand needs time. "The acquisition of the Anta Group for the Anta Group is also a manifestation of this logic. It is reported that the public has recently invested in a certain mother and baby food brand.

From the industry, to the industry

Xu Wei concluded that "industrial ecological partners have interacted with our high -frequency interaction and more intuitive understanding how the public's ecological resources are revitalized. At the same time, they also have strong industrial strategic needs. While increasing our industrial cognition, they can alsoBring more resources for the investing enterprises. More and more funds, cognition, resources, and experts, so this game of chess is alive. "On the other hand, we will exchang and share the cutting -edge messages of scientific and technological innovation with industrial ecological partners to broaden the breadth of industrial partners.Under the combination of continuous interaction and performance strength, the "industry circle of friends" of capital is also increasing.

Nowadays, China's innovation economy industry is facing unprecedented challenges and changes. The investment rhythm of the capital will not change due to market changes -a sufficient study, and then "shoot", this is their own rhythm.

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