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Anonymous ID: 42338f April 23, 2018, 10:34 p.m. No.1166491   🗄️.is 🔗kun

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The Xiongan Global Blockchain Innovation Fund was jointly funded (raised) by the Yuhang District Government, the Future Science and Technology City Administrative Committee, and Hangzhou Haoyu Investment Management Co., Ltd. The scale of the fund is up to 10 billion yuan (USD1.6 billion), of which the government-guided funds contribute up to 30% for investment and the introduction of high-quality blockchain projects.

 

Hangzhou Xiongan Investment Management Co., Ltd. will be responsible for the management of the fund. It will be jointly established by Youyi Investment and INBlockchain. Participants include blockchain celebrities such as Li Xiaolai and Lao Mao.

 

Ten blockchain technology projects from the world were successfully contracted and settled in the Hangzhou Blockchain Industrial Park

 

Hangzhou Investment Management is a rapidly emerging equity investment institution with a management fund size of over 30 billion. Since 2014, it has been focusing on blockchain-related investments and has invested in a number of international leading blockchain companies, such as Kenan Minzhi. Kennan Minzhi is the world’s second-largest Bitcoin mining machine chip manufacturer.

 

Beijing-Hangzhou blockchain, Sky blockchain, Leyi chain, etc., have received high investment income.

 

INBlockchain is an investment company focused on promoting the development of global blockchains. Star projects such as EOS, Qtum, Zcash, and SIA have been included in the team history project and have become one of the benchmark companies in the global blockchain investment institutions.

 

Shenzhen government guidance fund has set up angel investment fund with a first phase of 5 billion yuan (US$792 million). The fund will be jointly managed by two municipal State-owned enterprises, Shenzhen Investment Holdings Co. Ltd. and Shenzhen Capital Group.

https:// www.nextbigfuture.com/2018/04/billion-dollar-blockchain-investment-funds-and-industrial-parks-in-china.html

Anonymous ID: 42338f April 23, 2018, 10:34 p.m. No.1166493   🗄️.is 🔗kun

2018-03-27 08:53 Shenzhen Daily

WITH investment from the Shenzhen government guidance fund, an angel investment fund was set up in Shenzhen to provide further assistance to the city’s startup businesses.

 

The first phase of the fund will reach 5 billion yuan (US$7.92 billion). The fund will be jointly managed by two municipal State-owned enterprises, Shenzhen Investment Holdings Co. Ltd. and Shenzhen Capital Group.

 

Through market-oriented and professional operation, the fund will give full play to the allocation of market resources and the guiding role of financial funds, and lead social capital to invest in angel projects.

 

The fund will also speed up the cultivation of angel investment and financing in startups, which will boost the development of strategic emerging industries and promote industrial transformation and upgrading.

 

Shenzhen Investment Holdings, the sponsor of the angel fund, signed contracts with the first batch of the fund management institutions at the signing ceremony Saturday. (Zhang Yu

http:// www.szdaily.com/content/2018-03/27/content_18750039.htm)