You are also surprised that the billion-dollar RMB financing officer announced 19 this week. Let’s take a look!
Editor’s note: The Venture Capital Weekly is a new column, updated at 9:00 every Sunday, to comb the venture capital users for a week of venture capital hotspots, not to miss any venture capital dynamics that deserve attention. In the weekly report, we focus on new projects, new trends, and new ideas – the A round and the previous entrepreneurial projects, which are used to present the trend in the brewing. In the interesting and concentrated project, we are the unicorn candidates we think have potential. . The last part is the weekly selection of the venture capital circle, which is the venture capitalist’s own circle of friends, which contains a lot of dry goods & deep thinking sharing. This week, the billion-yuan RMB financing official announced 19, ushered in a small outbreak of financing within the week, and for your analysis.
One week venture capital hotspot
From August 11th to August 16th, a total of 63 financing incidents occurred this week, concentrated on medical health, corporate services, e-commerce And the hardware track. Among them, the medical health track returned to the leading financing position again, and the most financing was obtained, a total of 13; the enterprise service track was awarded a total of 9; the e-commerce and hardware tracks were accounted for 9 and 8 respectively in this week. According to the public information, the specific financing track and round distribution are as follows:
The number of financing events has risen sharply this week compared to last week53.6%,Among them, financing with a financing amount of more than 100 million yuan reached 19pen. The analysis believes that this week’s large financing outbreak has accidentality of financing public disclosure time (generally, the disclosure of financing information has a lag of 3-6 months), but To some extent, it also reflects changes in the capital market:
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This week’s billion-dollar financing is concentrated in Medical Health and Corporate Services, and this area is also a hot spot in the primary market in 2019. . According to statistics, in the first half of 2019, the amount of financing for medical health and enterprise services accounted for about 13.4% and 12.3% of the total financing amount of the primary market, respectively, reflecting the absolute absorbing amount of heat, consistent with the distribution of this year’s billion-level financing events. /strong>. In the current economic uncertainties, the anti-cyclical medical track and the countercyclics business service track are inevitably receiving more attention.
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In this week, the billion-dollar financing is concentrated in the in BC round enterprise, which also confirms the previous judgment to some extent – Early investment strategy in the primary market Changes are taking place: the logic of the fund’s “insurance value assets” in the primary market has become increasingly popular, and the fund investment strategy is more cautious and stable.
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The majority of companies that have been invested are industry or head enterprises in the track, indicating that the head business is enjoying a premium. At the same time as the investment and financing environment in the primary market deteriorates, the strengthening of the head effect has caused more capital to flow to the industry head company or head incubator company, and the funds and resources are further headed to the head. Excellent startups and outstanding entrepreneurs are concentrated.
If you are interested in the primary market investment and financing analysis, you can read: “2019 China Venture Capital Report: The first-tier market investment and financing fever is the lowest point in five years | Future think tank
Important financing events
Medical Health The field, concentrated 6 pens billion-level financing, of which established by Zhongan Incubation The health insurance technology service provider “Warm Wow Technology” was awarded 100 million RMB in the round of angels, and cooperated with international pharmaceutical companies Takeda and Kite to develop innovative drugs, “Gao Cheng Bio” C-round was awarded $67 million to demonstrate the superior financing capabilities of the medical track.
Business Services on the track, “Anyuan”Technology” and technology companies dedicated to IoT communications and location services “Pu Xuan IoT” received over 100 million Financing.
E-Commerce On the track, the new e-commerce platform “Whale Spirit Group” and second-hand fashion e-commerce for consumers in 2-5 cities Red Cloth Plum” and industrial spare parts The B2B e-commerce platform “Working No. 1” has received over 100 million financing, which is another time after e-commerce once again ranks among the hottest track.
Educational track, the head effect is the most prominent, and the financing is all mature companies on the track. New Oriental, learning and thinking as a funder, the trend is worthy of attention.
Important Venture News
Report: China’s mobile Internet users reached 847 million, and mobile Internet access reached 99.1%
China Internet Network Information Center released the “44th Statistical Report on Internet Development in China”, showing that as of June 2019, the number of Internet users in China reached 854 million; the number of mobile Internet users reached 847 million, and the proportion of Internet users in China using mobile phones Up to 99.1%; mobile online shopping users reached 622 million, an increase of 29.89 million compared with the end of 2018, accounting for 73.4% of mobile Internet users.
CICC: AI+5G will create $700 billion in industry opportunities over the next five years
According to CICC’s estimates, from 2019 to 2023, AI+5G is expected to directly create $700 billion in new industry opportunities worldwide. At the same time, CICC pointed out that AI is accelerating in various industries, and it also faces opportunities and challenges. Such as the breakthrough of natural language processing technology, so that the machine can gradually be competent to extract and check information from the article, in some specific scenarios in the financial, accounting, judicial and other industries can gradually replace labor, but in travel, medicalOther fields are facing bottlenecks in development. With the commercial realization of 5G technology, the development of AI technology opens up new growth space.
At the 2019 World Artificial Intelligence Conference Forum, Wei Gang, general manager of the Shanghai Stock Exchange’s listing and listing service center, said that we will implement the policy of listing the science and technology red chip enterprises in the next step and further open the inclusiveness; now the audition slows down. The early stage was mainly due to the supplement of the semi-annual report.
In the first half of the 2019, the US “Unicorn” listing exit record reached a record high
According to Pitchbook’s second quarter private equity activity report, in the first half of the year, the US “Unicorn” company (valued at more than 1 billion US dollars) has completed 14 exits, and the total amount of US “unicorn” exit through listing The $160 billion has far exceeded the total amount of last year. Set a record high.
It was learned that at the opening ceremony of the 2019 World Artificial Intelligence Conference, the Ministry of Science and Technology announced the latest list of national artificial intelligence open innovation platforms, including 10 representatives of innovative enterprises. The representative of visual computing field is Yitu Technology, marketing intelligence field. The representative is Mingluo Technology, the representative of the basic software and hardware is Huawei, the representative of the inclusive finance field is Ping An, the video perception field is Hikvision, the intelligent supply chain field is Jingdong, and the image perception field is contempt, the safe brain. The field is 360, the field of smart education is a good future, and the field of smart home is Xiaomi.
Interesting·Project Set
“Time and space potThe three quarters saw a serious decline in growth; the second was frequent asset divestiture. When some of the existing assets of the recession company were more valuable to others, asset divestiture was the most preferable, which also reduced the debt pressure of the parent company.
→”Intelligence Analysis | Is it time to copy Baidu? “
Chen Shaoyuan@Pro
In recent days, interviews, research, product trials, etc. have been conducted for more than ten low-code related companies, including many low-code startup companies, UF, Sales Easy, Beisen and other enterprise software and well-known SaaS companies, OutSystems, Mendix and other overseas heads. Ministry and so on. I finally wrote this article, some of the core information includes:
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Low-code development method can increase software development efficiency by several times or even more than 10 times;
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The low-code track is getting hot, and foreign countries have ran over $1 billion in unicorns. It is estimated that the platform market will reach $15.5 billion in 2020;
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Analysis of five key points in low-code track competition: platform capabilities, business models, business capabilities, ecological construction, financing capabilities;
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The low-code field is in the early stage of exploration. It is not too late to enter the business. The valuation of startups is mostly within 200 million yuan, with early investment opportunities;
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RPA, BPM, middle platform, low code, behind is a trend.
→”New Wind Direction | Low Code: The Next IT Technology Revolution? “
Cecilia Xu@
The effect of subsidy warfare is remarkable, and the sinking market has become the focus of “competition”; the e-commerce subsidy war has helped Tongda gain more market share; the micro-vision broadcast has risen sharply, but it is better to rely on self-reliance; Accelerated, is catching up with the tiger’s teeth; a number of new machines are on the market, China V launched a “saturation attack”, and Xiaomi is still in the adjustment period. The sinking market has become the focus of the “competition”. Compared with Ali, which has a lot of cost-effective, Taobao live, and money-saving zones, Jingdong finally announced in July that it will buy a new investment policy and reduce the deduction point. Open the WeChat portal, and whether Jingdong can make some achievements in the purchase is crucial to its sinking market strategy.
→”
Xu Zi, Jennyini@Pro
A few days ago, the article of the lord caused a lot of attention. At the end of the article, the conclusion that “all consumer goods are worth repeating again” can be said to be a strong shot for entrepreneurs, giving the practitioner great confidence. .
All consumer goods are worth repeating, and the second half, who will do it? How to do it?
This is also the significance of our discussion of the Lantern Forest here. Coca-Cola’s P/E multiple is 30 times, which is extremely rare in the consumer field. The high market value of Coca-Cola comes from the brand’s moat. In our view, if Lantern Festival can hold up the valuation of 4 billion yuan, it is also because it can be regarded as a “healthy version” of Chinese young people.
It is undeniable that the beverage giants such as Coca-Cola have grown up on the occasion of globalization and internationalization. Now we know that channels, information and people will change. We all know that there will be no second one. Coca Cola. But a company with a market value of tens of billions, such as hi tea, such as a cookie quartet, still has a great chance.
→ “Three-year valuation of 4 billion, < /span>Yuanyuan Forest Revelation (original first published in “Pro” WeChat public account)
God’s friends
The conclusion that light is not a problem, let me analyze and analyze the following is the probability that Costco will be infinitely close to zero in China. There are three major challenges:
The first major challenge facing Costco in the United States is: “arrogance.” What do you mean? Well, this means that you ask the management of China Costco, from the CEO to the core management of COO, how many Chinese natives account for? In addition, is the decision-making power of major decisions made public? Still have to report to the US headquarters?
Then you asked, if this time is different, in the event that Costco’s American boss knows all this, gives the Chinese management full power? And fully trust Chinese local executives to make a decision, will there be noThe same ending? The answer is: still no play, this involves the second and most nutritious second challenge of this article: “The time and space required for the niche can not be repeated.”
The third challenge is even more deadly. It is that Costco is essentially “classical retail”. All martial arts are offline, sold offline, bought bye, and come back next week. Today’s “new retail” killer is data precipitation, asynchronous sales, is offline to lose money to make friends, online repurchase at any time, can see three times a day. You can certainly say that many new retails are living very hard now, but don’t forget that Taobao Jingdong still lost money for many years, but once it is profitable, it is a huge amount of money, which is to ruin the pure line business.
→”There is not much time left for Costco, and it will be defeated in China after 36 months 》