"Every investment is an attack on the neck."
This paper is a collection of investment and financing for advanced manufacturing track in 2020.
Summary of monthly investment data of 65438+ 10: 1. The number of investable events is 19, and the total investment amount exceeds1700 million. The pre-A financing accounts for more than 50%, and the investment stage is still early, and the investment amount is concentrated in tens of millions. 2. Chip (6), machine vision (4) and sensor (3) lead the subdivision trajectory.
(Note: Figures in brackets represent the number of wins, the same below)
Highlight cases:
Monthly Review: Compared with the track that has entered the middle and late stage of competition such as education, the development of advanced manufacturing/robot track in China is still in its infancy because of its high entry threshold and great technical difficulty. At present, there is an explosive trend focusing on the parts that are closest to the application end and can be produced fastest, such as the related applications of machine vision technology.
Summary of investment data in February: the number of investable investment events 12, with a total investment of over 3.5 billion. There is no obvious differentiation in investment stages, covering all stages, and the fluctuation of investment amount is quite different. Six companies have achieved IPO: Star Semiconductor (603290, IGBT chip), Ruixinwei (603893, chip), Bojie (002975, industrial automation equipment), Yingjie Electric (300820, microelectronics and power electronic control equipment), Huafeng Measurement and Control (688200, semiconductor automation test system) and Shen Gong.
Highlight cases:
Monthly comment: Intelligent service is an inevitable trend, but the underlying technology is still immature and the service experience is poor. At present, text interactive customer service develops rapidly, while voice customer service develops slowly, which can only be used as a supplementary substitute for manual customer service. The financial industry is dominated by voice customer service. There are many listing events this month, the exit path of advanced manufacturing projects is clear, and the exit rate data is also high.
Summary of investment data in March: the investment in advanced manufacturing track in March was extremely hot. There were 49 investable events, with a total investment of over 654.38+0.2 billion. The subdivision track has 20 chips, 10 industrial robots. The investment stage is mainly concentrated in the A and B rounds. In the secondary market, Ziguang Zhanrui, a pan-chip supplier, gained an increase in holdings from the State Fund.
Highlight cases:
Monthly Review: Machine vision has penetrated into various industries, but in the industrial field, in addition to the requirements of algorithms, there are also requirements of industry know-how. At present, China is the country with the highest annual growth of industrial robots, and the most mature applications are relatively fixed links such as handling and assembly in the production process.
Summary of investment data in April: The investment in advanced manufacturing track is still hot in April. The number of investable events is 4 1, and the total investment is nearly 4 billion. There are 17 chips in the subdivided track, and the others are roughly evenly distributed in the sensor, material, UAV, aerospace and other tracks. The investment stage is mainly concentrated in the A round.
Highlight cases:
Summary of investment data in May: the investment in advanced manufacturing track in June was 5438+0. It may not be much, but the investment is huge. There are 22 investable events with a total investment of nearly 25 billion. 2. There are 7 semiconductors, 7 chips and 3 aerospace in the subdivided track. The investment stage is mainly concentrated in round A, which has 12 cases. 3. The biggest investment occurred in SMIC South, a subsidiary of SMIC. The second phase of the National Natural Science Foundation of China and the second phase of the Shanghai Integrated Circuit Fund agreed to inject US$ 654.38+0.5 billion and US$ 750 million respectively.
Highlight cases:
Summary of investment data in June: Compared with the investment enthusiasm of the advanced manufacturing track in June of previous months, it cooled slightly. There are 30 investable projects with a total investment of over 7 billion. There are *** 15 semiconductors and chips and three sensors in the orbit. The investment stage is dominated by strategic investment.
Highlight cases:
Monthly comment: In the past six months, there are few millions of seed angel wheel investments on the advanced manufacturing track, and the whole track has basically entered the A round, which is also tens of millions in terms of investment amount. Most projects can get more than 100 million investment, and large-scale investment has appeared many times in semiconductor chip startups. Track entrepreneurship requires extremely high team background.
Summary of investment data in July: July is the lowest month of the current advanced manufacturing track. The number of investable events is 17, and the total investment amount exceeds1200 million. In track subdivision, chip semiconductors have the absolute advantage of 12 cases and industrial equipment of 4 cases. In the investment stage, strategic investment is the mainstay, and there are 8 cases.
Highlight cases:
Monthly Review: The development of basic automation equipment in chip manufacturing enterprises has a long history, and new entrepreneurial projects mainly focus on further upgrading iterations by using advanced technologies such as machine vision and upgrading to industrial robots.
Summary of investment data in August: the number of investable investment events is 2 1, and the total investment amount exceeds 2.5 billion. In the subdivided track, there are 9 chip semiconductors, 5 sensors and 3 aerospace. The investment stage is concentrated in the A round.
Highlight cases:
Monthly comment: Although the investment enthusiasm this month can't be called high, the direction of the projects won is typical.
Summary of investment data in September: After the relatively low investment in July and August, the investment enthusiasm of advanced manufacturing track recovered in September. There are 45 investable projects with a total investment of nearly 6 billion. In the subdivision of the track, the investment of chip semiconductor reaches half of 15, and the rest is distributed in the subdivision direction of UAV and machine vision. The investment stage is concentrated in the A and B rounds.
Highlight cases:
10: 25 the investment data of the month of the investment event can be found, and the total investment exceeds 3 billion. In the subdivision track, the chip semiconductor is as high as 13. The investment stage is concentrated in the A round, with an investment of 5000w W ... This month, many enterprises obtained the second round of financing during the year.
Highlight cases:
Monthly review:
Let's talk about sensors. The input of sensors is really high, from sensor products to imaging chips to image analysis. , involving all aspects of sensors. It can be clearly felt that the investment in sensors has entered the stage of technical competition. Hubble Investment, a subsidiary of Huawei, invested in two chip companies this month. When can the short board of the chip be made up?
Summary of investment data in June 1 1: The advanced manufacturing track is extremely hot this month. There were 52 investment activities with a total investment of over 9 billion. Chip semiconductor 1 1, new material 7, aerospace 6. 2. The investment stage focused on the A round and the war investment, 16 war investment event, with an investment of 5,000 W W ... The biggest investment was that the commercial remote sensing satellite company Changguang Satellite received 2.464 billion pre-IPO round of financing jointly invested by many institutions.
Highlights:
Monthly review: I am surprised by the investment boom in the aerospace field this month. Aerospace is a technology-intensive subdivision track, but the commercialization path is still unclear. Private rockets have only gradually emerged in recent years. Although the track has not appeared for a long time, there are already many giants. . There is a view in the industry that rockets can also be regarded as a travel tool, which can refer to the investment ideas of automobiles.
Summary of investment data in 65438+February: Is it crazy to do advanced rail this month? ! ! ! 1. There are 62 investable projects with a total investment of nearly 30 billion. The subdivided tracks are basically surrounded by the chip industry chain. 2. The investment stage is concentrated in the A round and the war investment, with 26 war investment events. The biggest investment is the investment of 654.38+05.65 billion RMB from semiconductor IDM enterprise Changxin Storage. Investors come from CDB Equipment Fund, CCB International, China Merchants Securities, National Integrated Circuit Industry Investment Fund and other typical state-owned background funds.
Highlights:
The highlights of this month are really hard to tell. There are too many highlights and too many events. After that, I will open a special topic on a chip to make up my homework and talk about the highlights of the two institutions:
Monthly Review: As the last month of 2020, the national trend of this month is very, very clear, and there are three large investments in the National Integrated Circuit Industry Investment Fund alone. Secondly, the chip is indeed a track with a long industrial chain and a wide range of downstream applications. From the underlying manufacturing technology of chips to packaging inspection, and then to application chips facing different scenarios, the market space in different directions is huge. I have to say that the Sino-US trade war in the past two years has been stuck in China's chip research and development. Chips will get more and more attention.
Make great efforts at key parts and places where the neck is stuck.
1.In 2020, the advanced manufacturing track can invest in more than 500 races, with a total investment of more than 1 1000 billion. Tut tut tut. I really don't feel anything without summarizing it. I always thought that the popular track was medical treatment, consumption and so on. But I found that advanced manufacturing is also an invisible champion. In the context of the overall investment decline in the past two years, both the amount of investment and the amount of investment have continued to rise for five consecutive years.
2. The main subdivision of the track is chips, followed by aerospace, sensors, industrial robots and so on.
3. Not only is the investment in the primary market hot, but the advanced manufacturing track is also the best performing track. This year, 50 listed companies will embark on this road, including SMIC, the first overseas listed red chip company to return to A shares. But most of them are companies that have been established for many years and have not been valued by capital before listing. Generally speaking, the stories of manufacturing enterprises always sound less sexy and more challenging.
4. Judging from the investment trend in 2020, the heat was relatively stable in the first few months, and it performed well in the later period, reaching its peak in the last month.
Finally: a strong country in science and technology! Powerful country in science and technology! Powerful country in science and technology! Say the important things three times