Transformation of scientific and technological achievements, "Fund National Team" Smart Eyes and Gold
Our reporter Ma Aiping
On August 17, FJ Environmental Protection was listed on the Science and Technology Innovation Board. Previously, Cambrian and Qi Anxin were listed on the Science and Technology Innovation Board one after another. Within one month, SDIC Ventures had three consecutive investment companies listed on the Science and Technology Innovation Board.
The rapid growth of several star technology companies is inseparable from the incubation and empowerment of the National Science and Technology Major Special Achievement Transformation Fund.
In 2016, the Ministry of Science and Technology and SDIC jointly initiated the establishment of a tens of billions of scientific and technological achievements transformation fund, and established a private equity fund management company-SDIC Ventures in a market-oriented way.
Over the past few years, focusing on "serving the national innovation strategy and focusing on the transformation of scientific and technological achievements", SDIC Ventures has invested in iconic projects such as the Cambrian and Qi Anxin in the early stage of research and development, and has explored and cultivated a large number of independent innovation leaders, which has become a major special project. An important part of work.
Promote the industrialization of scientific and technological achievements in frontier fields
"At the end of 2016, the artificial intelligence industry was still on the eve of its outbreak. We searched for outstanding companies in this field and found a young Cambrian team in the laboratory through the Institute of Computing Technology of the Chinese Academy of Sciences." recalled Gao Aimin, general manager of SDIC Ventures.
At that time, Cambrian papers had been widely reprinted and cited in academic circles around the world, but the world's first commercial deep learning dedicated processor designed by the team was still waiting to be taped out, and related revenue had not yet formed.
In August 2017, through the National Science and Technology Major Special Achievement Transformation Fund, SDIC Entrepreneurship led Alibaba Ventures and Lenovo Ventures to complete the Cambrian Series A investment. Since then, Cambrian soon became the world's first company to launch commercial artificial intelligence chip products and achieve mass production. In June 2018, SDIC Ventures and China State-owned Capital Venture Capital Fund led the investment, and CICC Capital and others joined in the investment to jointly complete the B round of capital increase in the Cambrian, becoming the largest institutional investor in the Cambrian.
Currently, network security has risen to an unprecedented level of national strategy. In 2016, through the National Science and Technology Major Special Achievement Transformation Fund, SDIC Ventures led the A round of Qi'anxin, and together with many investment institutions completed Qi'anxin's first round of financing since the spin-off of 360 Group. In 2018, it continued to increase investment and became Qi'an. One of the important institutional investors of Essence.
"Through investing in a group of leading independent innovation companies represented by the Cambrian, Qi Anxin, etc., SDIC Entrepreneurship has continuously promoted the industrialization of China's cutting-edge scientific and technological achievements, and contributed to accelerating the implementation of the innovation-driven development strategy and building a world scientific and technological power. ." Gao Aimin said.
Build an investment ecosystem for the transformation of scientific and technological achievements
The relevant person in charge of the Ministry of Science and Technology said that the promotion of the transformation of major special results through the fund model is an effective supplement and improvement to the existing organization and implementation mechanism of the special project, and further enriches the connotation of the new national system for scientific and technological innovation.
The major special funds use a certain amount of financial guidance funds to leverage a large amount of social capital through the two nodes of fundraising and investment. The overall magnification is more than 15 times, which has driven various social capitals such as local governments, central enterprises and financial institutions to participate in the transformation of scientific and technological achievements. At the same time, fund investment not only brings capital, but also brings more value-added services to enterprises.
"Currently, China's multi-level capital market is accelerating optimization, and policies such as the establishment of the Science and Technology Innovation Board, the reform of the GEM registration system, and the launch of the NEEQ selection layer have formed a closed loop of policies for the industrialization and securitization of technological innovation." Gao Aimin said. "The investment of SDIC Venture Fund found that the rapid promotion of outstanding innovative and entrepreneurial enterprises with key core technologies such as Cambrian and Qi Anxin to the capital market can effectively enhance the vitality and vitality of technological innovation carriers."
At present, major special funds focus on major national strategic products and major industrialization goals, and have formed a good momentum of full coverage in all fields. Cambrian and Qi Anxin are key projects invested by SDIC Ventures in the 01 nuclear and high-base special projects and the 03 broadband mobile communications special projects. In the 02 integrated circuit equipment special project, SDIC has invested in a number of projects including China Micro Semiconductor, Jin Ruihong, and China Science and Technology, which boosted the overall core competitiveness of the industry... These projects are supported by leading scientific and technological achievements and have broad Industrial application prospects. (Science and Technology Daily, Beijing, August 17th)