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Key people at China Internet Investment Fund.
China Internet Investment Fund operates as a government guidance fund, specializing in direct equity investments within the internet sector. The firm targets early to growth-stage companies, deploying capital into foundational internet technologies, critical infrastructure, cybersecurity, and emerging areas like the Internet of Things infrastructure. Its investment strategy is designed to foster innovation and strategic development within China's digital economy.
Established in 2016, the China Internet Investment Fund was founded under the joint initiative of the Central Cyberspace Affairs Commission and the Ministry of Finance in China. This strategic creation stemmed from a national insight into the necessity of guiding and stimulating investment into crucial internet-related domains to strengthen the country's digital sovereignty and technological self-reliance. Its formation underscores a concerted effort to leverage state-backed capital for strategic industrial development.
The fund's primary beneficiaries are internet companies across various development stages, particularly those innovating in strategic areas vital for national digital infrastructure and security. Its long-term vision is to cultivate a robust and resilient internet ecosystem within China, ensuring leadership in key technological frontiers. By strategically deploying capital, the fund aims to accelerate the growth of domestic internet enterprises, thereby shaping the future landscape of China's digital economy.
Key people at China Internet Investment Fund.
China Internet Investment Fund has 4 tracked investments across 4 companies. The latest tracked deal is $139.0M Series B in Unitree Robotics in February 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 23, 2024 | Unitree Robotics | $139.0M Series B | — | Goldstone Investment, Meituan, Shenzhen Capital Group, 陈润泽 |
| Dec 1, 2021 | ESWIN Computing | $392.2M Series C | China Internet Investment Fund, Goldstone Investment | IDG Capital, Legend Capital |
| Jul 6, 2021 | FreeTech | $100.0M Series A | — | Xiong Jiahong |
| Jun 29, 2021 | Tingyun | $77.4M Series D | China Internet Investment Fund | — |