On December 11, CAS Star, an investment entity specializing in early-stage investments within the high-tech sector, revealed that its pilot venture investment fund had successfully concluded its final closure, amassing a total fund size of 4.08 billion yuan. Among the new Limited Partners (LPs) are a variety of institutions, including the China Pacific Insurance Capital Aircraft Carrier Fund, the Zhongguancun Science City Technology Growth Fund of Haidian District, and Ant Group. Remarkably, within a span of less than six months from its initial closure, the fund has already made 46 investment decisions. Out of these, 42 investments were made during the first or second rounds, constituting over 90% of the total. The fund's investment focus lies in cutting-edge areas such as artificial intelligence, biotechnology, and other transformative technologies.
