Shanghai Venture Capital Co.
Shanghai Venture Capital Company is one of China's largest state-owned venture capital/private equity firm. It is owned by the Shanghai Municipal People's Government.
Established in 1999, Shanghai Venture Capital Co. has been a dominant state-owned venture capital/private equity firm in China. SHVC was initially established with RMB¥ 600 million registered capital from the Shanghai municipal government.
Investments
As of 2013, Shanghai Venture Capital Co. has invested a total of RMB¥ 2.4 billion in over 160 private companies, and had 7 IPOs. SHVC currently has over 100 employees and more than 30% has international experience. SHVC currently has RMB¥ 10 billion under management.Shanghai Venture Capital Co. specializes in early stage and growth stage investments in the following areas:
- Clean energy
- Energy-efficient technologies
- Biomedical technologies
- New materials
- Information technologies
Shareholders and Partners
SHVC's main shareholders include National Development and Reform Commission, State-owned Assets Supervision and Administration Commission, Chinese Academy of Sciences etc.SHVC has developed long-term alliance with Temasek Holdings, Tsinghua Venture Capitals, Shanghai International Trust Co., Fudan University, Shanghai Jiao Tong University Industry Group, and many other strategic partners.