According to investment industry news, on April 21st, 01VC announced the first close of its new RMB 500 million fund. The fund received strong support from state-owned enterprises, market-oriented mother funds, and listed companies across various regions. This is the first RMB fund raised by 01VC's mid-generation managing partner, continuing its focus on intelligent manufacturing and cross-border expansion. Investments will range from Angel rounds to Series B, with individual investments between RMB 5 million and RMB 50 million.
The new fund will continue 01VC's strategy of investing early and investing small, balancing investment returns and risks through post-investment empowerment and diversified exit strategies. Simultaneously, 01VC will closely follow the national "dual circulation" strategy, promoting the digital upgrading of domestic industrial chains and supply chains, and increasing investment in cross-border e-commerce and new service trade models to facilitate the export of intelligent products and operational expertise.
01VC's core team boasts over 20 years of entrepreneurial and early-stage investment experience. Managing Partner Yu Lu, as the "employee number one," has accumulated extensive experience in the industry, becoming a representative figure for 85-post female GPs. She noted that adjusting self-positioning and shifting the discourse system was a challenge during the RMB fund's fundraising process, requiring the redesign of fund products to meet the needs of different LPs.
01VC's representative investment cases include Lalamove, XTransfer, and TaskRobot. Its experience in intelligent manufacturing and hardware has made it stand out in projects that emphasize both technology and production capacity, aligning well with the needs of RMB LPs. Yu Lu revealed that a significant portion of this RMB fund has already secured commitments from government-guided funds.
Looking ahead, the 01VC team is optimistic about the potential of Chinese startups in the international technology competition, particularly in combining self-developed technologies and global supply chain advantages. 01VC will continue to support globally-minded entrepreneurs, jointly creating the next wave of business innovation.
