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§ Venture Capital · Yubei, Chongqing, China
A public-private partnership fund supporting industrial policy goals by investing in Chongqing's strategic sectors.
The Chongqing Finance Guidance Fund strategically channels capital into Chongqing's key industrial sectors. Operating as a fund of funds, it invests in venture capital firms specializing in strategic emerging industries like AI, big data, and intelligent manufacturing. It also makes direct investments, mobilizing resources to drive innovation and advancement for regional development.
Established by the Chongqing municipal government, this fund is part of China's national Government Guidance Funds initiative. Its creation stemmed from insight that targeted capital was crucial for industrial upgrading and high-tech venture support. Managed by Chongqing Yufu Assets Management Group, it leverages governmental backing to guide critical sector investments.
The fund benefits venture capital firms and high-growth companies in Chongqing's designated strategic industries. Providing capital to partner funds and direct equity, it supports advanced technology development. Its vision is to cultivate a robust industrial ecosystem, propelling regional economic transformation and positioning Chongqing as an innovation hub.
Chongqing Finance Guidance Fund has 1 tracked investment across 1 company. The latest tracked deal is $154.4M Debt / Series D in Gushengtang Holdings in September 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 13, 2017 | Gushengtang Holdings | $154.4M Debt / Series D | — | China Life, China Merchants Bank, China National Capital, China Orient Asset Management (international) Holding Limited, Jinpu Medical, Xiaodong Jiang, Ping AN, Shanghai International Group, Shanghai Urban Investment, Shenzhen Innovation Investment Group |