In order to help Infinity enterprises who are very interested in China make better investments and open up markets. Infinity began to invest in China in 2003.
While looking for equity investment opportunities everywhere, Gal-Or found many cooperation opportunities in Suzhou Industrial Park. 1994, Suzhou industrial park was planned and developed by a consortium associated with the Singaporean government (in 200 1 year, China began to lead the development of Suzhou industrial park). There are about 2,500 foreign-funded or domestic-funded technology enterprises in Suzhou Industrial Park, with about 260,000 employees. Industrial parks provide preferential conditions in terms of taxes, tariffs and funds.
Gal-Or met Lin, the young chairman of SVG (Suzhou Venture Capital Group), who was very supportive of Gal-Or's idea. Gal-Or said: "At that time, the timing was just right, and we were very lucky." At the same time, he gave himself a Chinese name-Gao Zheming, which means: a successful person with philosophical thoughts and wisdom. Suzhou government is very interested in the core strategic plan of Hi-Tech and Britain and finidi to "invest in China and to create more cooperation opportunities for both sides". In 2004, Wu Yi, then China's deputy prime minister in charge of economic construction, and Olmert, then Israeli deputy prime minister, attended the signing ceremony of the finidi -CSVC China Fund. This is the first business license of Sino-foreign cooperative venture capital enterprise without legal person system issued by China Municipal Government, and the license number is 0000 1.
Infinity-CSVC has invested in six portfolio companies, two of which have successfully withdrawn. First, in 2005, Johnson Electronics acquired the shares of the Israeli company nano motion 5 1%. Another successful exit is Zhongjing Semiconductor Co., Ltd. (WLCSP). China Fang Jing Semiconductor Co., Ltd. is jointly invested by Shellcase (Israeli wafer-level digital imaging and telecommunications electronic components supplier), Infinity-CSVC and Infinity Venture Capital Company, and owns the first absolute clean room in China. British finidi invested in Crystal Semiconductor Co., Ltd. and Israeli semiconductor company-Shellcase Co., Ltd. with the permission of China Company. Shellcase's wafer-level packaging technology has been greatly improved under this operation. At the end of 2005, Shellcase's intellectual property was sold to ——Tessera Inc, an integrated circuit manufacturing company in San Jose, California, for $33 million. At that time, China was finally sold to OmniVision Technologies Inc, a camera sensor integrated circuit expert in Sunnyvale, California, for $22 million. Crystal Semiconductor Co., Ltd. adopts Shellcase miniaturization technology, and it is estimated that the sales in the third quarter of 2008 will reach 1 1 billion dollars. Meanwhile, Crystal Semiconductor is planning an IPO in China after the meeting. Mode of operation
Infineon China Fund is different from its predecessor Infineon CSVC Fund. Infinity-CSVC can only be conducted in RMB, while Infinity I-China has two parallel tracks: on the one hand, it can be invested in RMB, and on the other hand, it can also be invested in USD. Two different currencies make investment more adaptable.
intellectual property
China's technology license is vulnerable to patent infringement in China. Infinity found that if we cooperate with local companies in China, we can solve this problem. In addition to the cooperative relationship with Suzhou government, the company also listed many government agencies in China as its limited shareholders. In fact, in the end, the technology license of China Company was issued by the China government, which held the shares of some enterprises, so that enterprises were far away from the illegal operation of patent infringement.
investment strategy
Infinity's core investment strategy is to make the invested China enterprises become industry leaders by promoting mature Israeli technology. This method makes full use of the rapidly developing China economy and Israeli technical knowledge. Infinity's method of adding value to investors and portfolio companies enables it to provide technical knowledge, interpersonal network and production experience for different cultures, while making full use of their advantages. Infinite has realized the huge business opportunities brought by the rapid economic development in China. Infinity has become an Israeli/China cultural team.
The amount of each transaction ranges from $5 million to 1 100 million. Of course, in general, Infinity's investment in each project is between10 million and 20 million. At the same time, it is trying to withdraw from Israeli and China investments one by one through peer acquisition or IPO. Chinese enterprises don't have to quit at home, but they can also quit in Hong Kong, Singapore or South Korea. At the same time, the company also has a successful exit case in Taiwan Province Province. In the company's investment portfolio, life sciences account for about 27%, software development accounts for about 23%, semiconductors account for about 65,438+07%, industrial equipment accounts for about 65,438+065,438+0%, and the rest are communication and security. Gal-Or and his partners still plan to invest in agriculture and irrigation technology.
investor
There are many LPs from the West, China, Israeli and Australian. Including many wealthy individuals, families and charities. China National Development Bank invested in Infinity I-China as an anchor investor. China Development Bank invested in Infinity I-China and became the anchor investor of Infinity I-China. The signing ceremony was held in People's Republic of China (PRC) and the Ministry of Commerce on June 5438+ 10, 2008. As a part of China-China business cooperation project, the contract was signed by Chen Deming, Minister of Commerce of, and Eliahou Isside, Deputy Prime Minister of Israel.
investment projects
From June 2008 +2008 10, Infinitus has announced strategic investment in five companies, all of which are leading enterprises in the industry. Digital China Information Technology Service Co., Ltd. (DCITS) is a leading IT service provider in China, focusing on digital monitoring technology, and has a long-term contract with the road administration and river monitoring system in China. In September 2008, Infinity I-China Fund and Suzhou Venture Capital Group (CSVC) invested US$ 73 million in China Digital Information Technology Service Co., Ltd., of which Infinity contributed US$/kloc-0.50 million. China's leading information technology service company Digital China Information Technology Service Co., Ltd. was separated from China's leading IT company Digital China (Hong Kong listing code: 0086 1). Mate Intelligent Imaging Company [4]: In February 2007, Infinity made its first investment with a total amount of 6 million US dollars. Israel Mate Intelligent Imaging Company is a global supplier of breakthrough and real-time image analysis solutions. Its solutions include active camera, IP monitoring, personnel and vehicle counting, entrance control and tunnel detection. Infinity also announced plans to invest $3 million in companies in China to make Mate technology more suitable for China market and more market-oriented in China. Ankangtong: In June 2008, it was announced that it would invest US$ 8 million in Ankangtong indefinitely. Ankangtong is a provider specializing in telephone medical services. Provide emergency help buttons for end users (mainly Shanghai residents and Nanjing residents over 65 years old) and provide corresponding emergency help services. Oberon Media: In 2008, Infinite began to set foot in the game industry and invested180,000 USD in oberon. Oberon Media Company is headquartered in new york, while its R&D department is located in Israel. Oberon Media mainly has two projects: one is a game platform, which provides management, charging and advertising tools, and the other is a platform for publishing casual games, including making, developing and creating games suitable for various platforms, such as online games, mobile games, interactive TV games and retail games. Chiral Quest: June 5438 +2009 10, Infinity announced that it, KPCB China (one of the world's leading funds), China Spring Fund and JAIC)*** * participated in the second round of financing of Kerry Biochemical Company headquartered in new york, with a total investment of130,000 USD. With a factory in Jiashan, Zhejiang, it is a high-tech based life research chemical company, which is committed to providing innovative chiral molecular products and services for biochemical, pharmaceutical and fine chemical industries.