Ant Group and Partners Establish Innovation Digital Valley Venture Capital Partnership with RMB600 Million Capital

Deep News11-04

On November 4, Zhejiang established the "Innovation Digital Valley Venture Capital Partnership" with a registered capital of RMB600 million. The partnership was jointly funded by Yunyong Industrial Win-Win (Beijing) Venture Capital Co., Ltd., a subsidiary of Ant Group Co., Ltd., Hangzhou High-Tech Venture Capital Co., Ltd., Zhejiang Jinma Equity Investment Management Co., Ltd., and Zhejiang Innovation Digital Development Co., Ltd. Xu Qiong serves as the executive partner.

According to public records, the fund's business scope is limited to venture capital and equity investments, with a focus on capital deployment in digital economy-related projects.

Disclaimer: The content and data herein are compiled from publicly available information and do not constitute investment advice. Verification is recommended before use.

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