The results of the selection of the second batch of sub-funds of the three leading industries of Shanghai have been announced: 17 sub-funds have been selected.

The reporter learned from Shanghai Guotou Company that the second batch of sub-fund selection results for Shanghai's three major leading industries' mother funds have been announced: a total of 17 sub-funds have been selected, including 2 in integrated circuits, 10 in biomedicine, and 5 in artificial intelligence. The planned investment amount is a total of 4.15 billion yuan, with a total fund size of 24.15 billion yuan, a multiplier of 5.82 times. As of the end of the application period, a total of 79 institutions actively applied. After expert review, project due diligence, on-site defense, and formal investment decision processes, high-quality sub-funds that meet the requirements of the "Shanghai Plan" were selected. The second batch of sub-fund selection announced this time fully demonstrates the guiding role of government investment funds, leading the "early investment, small investment, hard technology" approach, deeply integrating the innovation chain, industrial chain, capital chain, and talent chain, and building a three-dimensional investment ecosystem with a focus on "strengthening foundations, creating ecology, and aggregating advantages".