China Venture Capital firm
Shenzhen Capital Group Co., Ltd (SCGC ; Chinese : 深圳市创新投资集团有限公司 ; pinyin : Shēnzhènshì chuàngxīn tóuzī jítuán yǒuxiàn gōngsī ) is a state-owned venture capital company based in Shenzhen, China . It is affiliated with the Shenzhen Government and its investments cover industries supported by national policies. According to South China Morning Post , from January 2019 to May 2020, it was the second most active venture capital firm in China.[ 2]
SCGC was established by the Shenzhen Government in 1999.[ 3] [ 4] [ 5] [ 6] The firm is considered one of China's most active investors in hard technology.[ 3] [ 4] [ 6] Most of its investments are in Chinese companies.[ 3] [ 4] [ 6] More than 200 companies in its portfolio have gone public.[ 3] [ 7]
Notable investments [ edit ]
^ "关于我们" . SZVC .
^ "China Internet Report" (PDF) . July 2020. p. 10. Archived from the original (PDF) on 9 February 2023. Retrieved 25 June 2023 . Number of Investments in China (Jan 2019–May 2020)
^ a b c d "Chinese VC warns of overvalued metaverse, semiconductor industries" . South China Morning Post . 9 December 2021. Retrieved 23 June 2022 .
^ a b c "Venture capital firms set to reap dividends" . South China Morning Post . 3 December 2007. Retrieved 20 January 2023 .
^ "China's EV Startups Defy Funding Slump With $6 Billion of Deals" . Bloomberg.com . 15 October 2022. Retrieved 20 January 2023 .
^ a b c "Giving VC biz the Chinese touch - Business - Chinadaily.com.cn" . www.chinadaily.com.cn . Retrieved 21 January 2023 .
^ "SCGC, A Leading Venture Capital Firm, with Its 200th Successful IPO, Has Set a New Record in China" . finance.yahoo.com . Retrieved 21 January 2023 .
^ " "At a Critical Juncture," Desktop Metal Gets $160M From Koch Fund" . Xconomy . 23 January 2019. Retrieved 23 January 2021 .
^ "It's US vs. China in race to build chip technology of tomorrow" . finance.yahoo.com .
^ Fried, Rona (15 October 2008). "JinkoSolar Raises $35M" . Sustainable Business . Retrieved 23 January 2021 .
^ Choo, Yvette (5 January 2013). "Chinese solar company receives $35m" . Private Equity International . Retrieved 23 January 2021 .
^ Guest, Forbes. "Genomic Dreams Coming True In China" . Forbes . Retrieved 23 January 2021 .
^ "NetDragon WebSoft company information, funding & investors" . ecosystem.lafrenchtech.com . Retrieved 23 January 2021 .
^ "Xiami Story: An Ideal Online Music Model Doesn't Work for Now · TechNode" . TechNode . 13 January 2013.
^ "3D-printing startup Formlabs raises $30M from Chinese backers" . www.bizjournals.com . Retrieved 23 January 2021 .
^ Ravet, Hagar (1 August 2018). "3D Printer Company Formlabs Raises $15 Million with a $1 Billion Valuation" . CTECH - www.calcalistech.com . Retrieved 23 January 2021 .
^ "China's Makeblock raises $44m for robot-building kits for kids" . Nikkei Asia . Retrieved 23 January 2021 .
^ Team, Investment Research (22 September 2014). "Le Vision Pictures Raises $55.4M In Series B Financing" . China Money Network . Retrieved 23 January 2021 .
Investment types History Terms and concepts
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