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Yangzhou Hangji High-tech Zone Industrial Fund operates as a strategic investment vehicle, primarily deploying capital into companies specializing in oral health products. The fund provides crucial financial backing to advance technological innovation and market presence for businesses within this high-growth sector, nurturing specialized oral care solutions.
The fund’s establishment is intrinsically linked to the broader development of the Hangji High-tech Industrial Development Zone in Yangzhou, China, officially approved in May 2016. Conceived to channel resources into key strategic industries, the fund supports the zone's pronounced focus on biological health, emerging from regional development strategies to catalyze innovation.
The fund’s primary beneficiaries are emerging enterprises within the oral health technology space, seeking capital for expansion and product commercialization. Its long-term vision centers on cultivating a vibrant ecosystem for the biological health industry within the Yangzhou region, stimulating economic expansion and solidifying the high-tech zone’s position as a focal point for specialized innovation.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 26, 2024 | Oclean | $13.8M Series C | Yangzhou Hangji High-tech Zone Industrial Fund | — |