China's Private Equity Market Sees Strategic Shift as State Funds Take the Lead in Q1 2025

The private equity industry is undergoing a seismic change from being "cycle-driven" to "strategy-driven."

Yangtze Memory's Parent Company Secures $1.3 Billion in New Funding, Valuation Tops $22 Billion

In 2017, YMTC became the first Chinese company to independently design and produce 3D NAND flash memory. The company's proprietary "Xtacking" architecture — which separates and then hybrid-bonds memory and logic circuits — underpins its competitive edge.

AI Startup Yutori Secures $15M Seed Funding with Backing from Fei-Fei Li

OpenAI Nears Completion of $40 Billion SoftBank-Led Funding Round

The deal is expected to value OpenAI at $300 billion, nearly doubling its previous valuation of $157 billion from its October fundraising round.

Former Huawei "Genius Youth" Secures Tencent-Backed Funding for Agibot Robotics

This marks Tencent Investment's first foray into embodied intelligence, with the company now holding a 2.0591% stake in Agibot Robotics. Meanwhile, industry insiders report that Agibot Robotics is already in discussions for another funding round at a valuation of 15 billion yuan (US$ 2.07 billion).

Chinese AI Company ELU.AI Secures Hundreds of Millions in Pre-A Funding

China's Private Equity and Venture Funds Seek Extended Timelines to Deploy Capital

Fusion Fund Secures $190 Million for Future Tech Investments

The new fund's investors include institutional giants like sovereign wealth funds, university endowments, tech investors, insurance companies, and banks. Notably, many family offices backing the fund are led by founders of major tech companies.

Exclusive: Biren Technology Prepares for IPO at a Valuation Over US$ 2 Billion

This marks the first direct investment by Shanghai State-owned Capital Pioneer AI FOF, underscoring Shanghai's strategic push to bolster its AI ecosystem through state-owned investments.

China's Venture Capital Industry Enters a 'New Era' of Technology-Driven Investment Amid Structural Transformation

Technical expertise is no longer optional but a prerequisite. Investment institutions are actively seeking talent in "hard tech" fields such as semiconductors, AI, advanced manufacturing, and new energy.