Xi Venture Capital ranks 7th in annual investment activity nationwide

　　According to data from Xiniu, a total of 12854 investment and financing events were disclosed in the domestic venture capital market in 2023, with a cumulative financing amount of 658.7 billion yuan. A total of 8117 institutions participated in the venture capital market investment. Among them, Xi Venture Capital fully leveraged the advantages of state-owned enterprises and demonstrated their responsibility. In 2023, they made a total of 66 investments, jumping from 64th place in 2022 to 7th place and entering the top 10 for the first time.

In 2023, the key industries in the venture capital market have completely shifted towards technology innovation driven fields. The total proportion of financing in the three major fields of advanced manufacturing, healthcare, and new energy has increased from 21% in 2018 to 50% in 2023, becoming the engine for the development of the venture capital market. The proportion of financing in the field of advanced manufacturing (electronics and semiconductors/high-end equipment manufacturing/new materials/aerospace) has continued to increase from 8% to 27%; The proportion of financing in the medical field has remained stable at around 15% for three consecutive years; The proportion of financing in the new energy sector has surged to 8% in the past three years.

The above-mentioned industries are all important components of the "465" modern industrial cluster in Wuxi City, and have also been a key investment area that Wuxi Venture Capital has been focusing on. Xi Venture Capital focuses on equity investment to cultivate and strengthen these emerging industries, support them in increasing innovation efforts, and inject new momentum into Wuxi's cultivation and development of new quality productivity.