Angel Fund's first investment loan linkage business successfully landed
Recently, Wuxi Xinyi Integrated Circuit Co., Ltd., invested by Wuxi Innovation and Entrepreneurship Angel Investment Guidance Fund (Limited Partnership) (hereinafter referred to as the Angel Fund), obtained an investment credit of 5 million yuan from Jiangsu Bank Wuxi Branch's "Angel Loan" and completed the first withdrawal of 1 million yuan. This represents the successful implementation of the angel fund's first investment loan linkage business, and the credit is the first angel loan of Jiangsu Bank Wuxi Branch.
Angel Fund focuses on the problem of "difficulty in initial investment" in early-stage technology-based enterprises, and plays a pioneering role in state-owned asset platforms. As the manager of Angel Fund, Xichuang Capital actively participates in post investment empowerment, promoting investment and loan linkage business with banks, jointly discussing loan products suitable for angel enterprises, conducting empowerment roadshows, providing refinancing support services for enterprises, guiding bank funds and social capital to flow into key supported and encouraged industries in our city, and setting an example in being the "first angel" of technology enterprises and the "first mile" of serving innovation and entrepreneurship.
Angel Loan "has pioneered a new model of investment loan linkage, relying on equity investment institutions to" invest first "and banks to" follow loans ", committed to serving more small and medium-sized technology-based enterprises in the start-up stage. This model weakens the consideration of corporate financial indicators and focuses more on factors such as the company's innovation capability, core team, and market recognition.
Wuxi Xinyi Integrated Circuit Co., Ltd. is mainly positioned in the design, research and development, and sales of high-performance analog-to-digital converter chips (high-speed ADC chips, multi-channel ADC chips, high-precision ADC chips) and Sub Ghz RF communication chips. The company adopts the Fabless (no factory chip supplier) business model, with resources focused on chip design. It first serves the Sub Ghz self-organizing network communication market, and gradually expands to industrial measurement, military radar, satellite communication, medical equipment and other markets after high-speed and multi-channel ADC chips mature. The company integrates algorithms and analog/mixed signal processing technologies to achieve self-developed core IP and mass production of medium to high speed and high-precision ADC chips, providing customers with domestic IP and more domestic alternative solutions, reducing customer system costs, and shortening development and market time.
