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Since the unveiling of Lingang New Area, Lingang Group, as the main force in the development and construction of Lingang New Area, has accelerated its layout around eight cutting-edge industries to build a world-class industrial cluster. In 2024, Lingang Group will continue to lead with high-quality development, be oriented by characteristic development, and pursue sustainable development, so as to stimulate new momentum for a new round of industrial development.

In this context, Lingang Group focuses on cutting-edge information in the field of science and technology innovation and releases Lingang investment and financing data to gain insight into the development dynamics of Lingang's science and technology innovation enterprises and understand future economic development trends.

July Funding Summary

18 institutions bet on Lingang

In July 2024, Lingang Group actively planned and developed leading industries, key industries, new track industries and future industries, and continued to build a modern industrial system. According to statistics from the Coronation Research Institute, there were 12 financings of companies registered in Lingang this month, and 18 well-known institutions such as Lingang Blue Bay Capital and Sina Yuanke Fund bet on Lingang.

From the perspective of financing stages, except for strategic financing, round A financing is the most, with 5 cases, followed by angel rounds, with 4 cases, and only 1 case in seed rounds, rounds B and C. Early financing (round A and before) is the mainstream, showing good vitality in investment and financing.