The first sub fund of Wuxi Angel Investment Guidance Fund has been launched

　　On June 30th, the first sub fund of Wuxi Angel Investment Guidance Fund, Jiangyin Xingcheng High tech Venture Capital Fund, successfully landed! The initial scale of the fund is 52 million yuan, mainly investing in new generation information technology dominated by semiconductors, medical health dominated by medical devices, advanced manufacturing dominated by intelligent equipment, and new energy and new materials dominated by photovoltaic energy storage.

　　Jiangyin Xingcheng High tech Venture Capital Fund was jointly initiated and established by Xicheng Venture Capital and its mixed ownership platform Wuxi Guolian Jintou Hehe Private Equity Fund Management Co., Ltd. The fund is closely related to the goal of Jiangyin to do a good job in scientific and technological innovation and create a "Science and Technology Innovation Jiangyin". It is committed to promoting the optimization of the industrial structure of Jiangyin High tech Zone, focusing on supporting science and technology talent projects such as the "Jiyang Talent Plan", "Taihu Talent Plan", and even "Provincial Double Creation Talent", supporting and promoting the development of early-stage technology-based enterprises, accelerating the cultivation and development of strategic emerging industries. The establishment of sector sub funds by the City Angel Investment Guidance Fund will further strengthen the deep integration of technology and finance between Wuxi and the sector, fully leverage the guiding function of government guidance funds, and let the financial "living water" nourish innovation and entrepreneurship, igniting a spark for the development of emerging and future industries in Wuxi.