Taihai Fund and Weir jointly set up a sub-fund of 800 million yuan, focusing on the semiconductor industry chain

Recently, Tianjin TEDA Haihe Intelligent Manufacturing Industry Development Fund (hereinafter referred to as "Taihai Fund") and Weier Investment, a subsidiary of Weier Holdings, jointly established Weierhaotai Haizi Fund with a total scale of 800 million yuan.

According to the information from TEDA Industrial Development Group, Weihaotai Haizi Fund will rely on the industrial foundation of Will Group and interact with the existing industrial chain layout of Will Group, focusing on industries related to the semiconductor industry chain, including integrated circuits, AI chips, smart sensors and other high-growth start-ups, and growing companies with high-end core technologies.

According to reports, Taihai Fund was jointly established by Tianjin TEDA Industrial Investment Guidance Fund with an investment of 1.8 billion yuan and Tianjin Haihe Industrial Fund. Tianjin TEDA Haihe Private Equity Fund Management Co., Ltd., a member of the Industrial Development Group, is the executive partner. In the first half of this year, Taihai Fund and Zhongke Merchants Group jointly completed an equity investment of nearly 400 million yuan in North, which will promote North to further increase investment in new product research and development, continue to achieve technological and market breakthroughs, and accelerate the release of production capacity.

It is worth mentioning that in addition to the Weihaotai Haizi Fund, the Zhongketai Haizi Fund was also established in June, which will fully support the ecological aggregation and development of the integrated circuit industry in Tianjin Economic and Technological Development Zone.