Financials Mar 31, 2021 09:22 AM (GMT+8)
On March 31, 2021, Qingsong Fund announced the completion of the fund-raising of "Qingsong phase IV fund", with a scale of 1 billion yuan.
LP mainly includes Shenzhen guidance fund, times publishing media Co., Ltd., Shenzhen Qianhai kekong Venture Capital Co., Ltd., etc.
The new fund will continue to focus on early and medium-term venture capital in the fields of new technology and new consumption. At present, it has invested in excellent projects such as Eason technology, jiepei information, zhaochi supply chain and polyvoly.
Up to now, Qingsong fund has managed six funds with a total amount of over 3 billion yuan, including four comprehensive funds (phase I, phase II, phase III and phase IV), one science and technology theme Fund (wisdom) and one s fund; it has invested in nearly 200 enterprises, including leader education and homefacial Pro, wedding season, werewolf kill, Three Kingdoms, squirrel AI, Bosheng optoelectronics and other star enterprises; in 2020 alone, they will withdraw 8 projects with 700 million yuan, with an average return of 45 times and the highest return of 140 times.
At the same time, Qingsong fund also announced the launch of the second science and technology theme fund "Qingsong wisdom phase II fund" to raise funds, aiming at the industrial application of AI and big data, as well as the process of industrial digitization and intelligence.
Qingsong fund was founded by Liu Xiaosong, Dong Zhanbin and Su Wei in 2012. They have been deeply involved in the investment industry for more than 20 years, witnessing the development process of China's venture capital from 0 to 1.
This text is a result of machine translation.