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Shanghai Chip Fund Boosts Capital by $794 Million

2/10/2026

Summary

Story summary

The Shanghai Integrated Circuit Industry Investment Fund increased its registered capital by 5.5 billion yuan to 6 billion yuan (US$794 million).
The fund added two new investors, Shanghai State-owned Capital Investment Fund and Pudong Venture Capital.
Established in 2016 and 2020, earlier phases had 24 billion yuan in registered capital.
The fund has invested in more than 20 local chip companies, including Semiconductor Manufacturing International Corp (SMIC) and ACM Research Shanghai.

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Story summary

The Shanghai Integrated Circuit Industry Investment Fund increased its registered capital by 5.5 billion yuan to 6 billion yuan (US$794 million).
The fund added two new investors, Shanghai State-owned Capital Investment Fund and Pudong Venture Capital.
Established in 2016 and 2020, earlier phases had 24 billion yuan in registered capital.
The fund has invested in more than 20 local chip companies, including Semiconductor Manufacturing International Corp (SMIC) and ACM Research Shanghai.