Recently, the first domestic IP fund focusing on the intelligent sensing technology, was officially established in Beijing.

The fund, with a total amount of 1bn yuan, was jointly set up by Beijing Industrial Development Investment Management Co., LTD., Beijing Sai Microelectronics Inc. (a listed company), Beijing Huaisheng Urban Construction and Development Co., LTD. (the government investment platform of Huairou District), and Beijing IP Operation and Management Co., LTD.

The fund will focus on smart sensors, high-end instruments and their upstream and downstream fields. Relying on the national special project of cultivating and operating high-value IP undertaken by Beijing IP, the fund will be committed to improving the industrial ecological chain, upgrading the value chain, and jointly promoting the development of high-end instrument equipment and sensor industry in the city.