Startup Fundraising

Jinan Technology Venture Investment Group Increases Capital to 1.51 Billion RMB, an Increase of Approximately 104%

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • 济南科技创业投资集团有限公司 raised $770.0M from 济南工业投资控股集团有限公司.
  • Sector: Financial Services & Fintech.
  • Geography: China.

Analysis

  • Jinan Technology Venture Investment Group has significantly increased its registered capital.
  • The capital increase represents a substantial growth of approximately 104%.
  • Jinan Industrial Investment Holding Group Co., Ltd. has become a new shareholder.
  • The company's business scope includes venture investment and private equity fund management.
  • The original registered capital was 740 million RMB, and the new capital is approximately 1.51 billion RMB.