On 13th, May, 2013, Stanford University Chinese scientist, Professor Zhang Shousheng and other social investment institutions jointed with Zhongguancun Development Group initiated "Zhongguancun Stanford Emerging Technology Venture Capital Fund" ("Danhua capital") in Silicon Valley. Danhua fund emphasizes on supporting original and disruptive projects from Stanford University and Silicon Valley. Meanwhile, it cooperates with Zhongguancun Innovation Center @ Silicon Valley, driving projects commercialization in Zhongguancun, promoting the strategy of "Zhongguancun capital going global and bringing in overseas advanced technology and talents", impelling the internationalization of ZGC.
Danhua FundⅠhas raised $ 91.25 million, which exceeded the original target by $ 41.25 million. Danhua fund II has raised $ 200 million keeping exploring in areas including big data, cloud computing, mobile Internet, virtual reality, artificial intelligence and other high-tech industries, and paying close attention to the development of new energy, battery technology and mobile applications, with emphasis on the connection with Chinese market and being a bridge between China and the US.
KiloAngel fund is managed by one of the most influential angel investors Mr. Raj and Angelist management team. AngelList is the largest online matchmaking platform for financing, recruitment, entrepreneurs and investors. The platform covers 25% of the projects in Silicon Valley based on the advantages of AngelList platform, Kiloangel selects experienced angel investors, making cooperation and investment widely, acquiring lots of unique data such as investor behavior data, recruitment data, etc, for making more precise judgments, while reducing investment costs and creating more investment possibilities. It has great strategic significance to ZDG for developing overseas Fund of Funds and buyout funds in the future.
Other preparation of funds
（1）Sino – German Innovation Capital Fund
To promote cooperation in technological innovation and translation of research findings from Zhongguancun and Germany, to accelerate the construction of technological innovation centre in Beijing, to drive the development of scientific and technological enterprises in China & Germany ZDG, together with Haidian District Government and local institutional investors in Germany lanched Zhongguancun - German Innovation Capital Fund (hereinafter referred to as "the Fund").
The fund will play a leading role in promoting Germany and neighboring European countries, high-tech enterprises landing and incubating in Zhongguancun Innovation Center at Heidelberg, helping high-growth companies to set up and commercialize in Zhongguancun and Haidian District and impelling Zhongguancun enterprises to extend to Germany and other European countries for getting into the global network of innovation, improving the international competitiveness and International resource allocation capabilities. The Fund will combine "bringing in" and "going out" making full use of the resources and advantages of Heidelberg and Germany, investing in high-quality, fast-growth innovative enterprises and high-tech projects.
（2）ZDG Overseas Fund of Funds
ZDG will establish an overseas Fund of Funds with partners, covering top international VC teams world renowned, and expanding the scale of projects and connection with top-notched projects, enhancing overseas and M&A capabilities.