top of page
  • Writer's pictureLaura

Investor: Lucion Venture Capital

Featured Investor :: Lucion Venture Capital (鲁信创业投资集团股份有限公司)

Lucion Venture Capital approved an agreement last week for investment in StoreDot, contributing $5 million within a $62 million Series C. This is Lucion’s first investment in Israel. The investment will be made through special purpose vehicle Ready Solutions Ltd, which is at the end of a multi-layered investment structure. The round is not yet closed but Ready Solutions (and thus Lucion) will hold 1.27% in StoreDot if it closes at $62m. The round is currently reported at $60 million.

Lucion Venture Capital is a parent fund and M&A platform controlled by state-owned Shandong Lucion Investment Holdings Group. It is the only publicly traded VC/PE company in China and is listed on the Shanghai Stock Exchange (ticker 600783).

Existing among a large corporate family within Shandong Lucion Investment Holdings Group, Lucion Venture Capital manages 33 funds, including 2 government funds and 31 market funds (around RMB 12 billion/$1.8B) in China and abroad. The company is currently looking for investment opportunities in countries such as Germany and Israel, expanding it’s “going out” strategy. Lucion plans to reach a 5-3-2 configuration ratio in 2017, that is, 50% provincial, 30% national, and 20% overseas.

The company says it invests in advanced manufacturing, modern agriculture, marine services, information technology, energy saving and environmental protection, new energy, new materials, biotechnology, high-end equipment manufacturing and other emerging industries.

SourcesSohu, 金融界, Lucion


Back to this week's features.

32 views0 comments

Recent Posts

See All

What do you think of when someone talks about data? Your 4G plan? The Matrix? Or do you mentally check out of that geek-talk? Data isn’t always some boring alien language. In fact it is the most direc

7 November 2018 Hi everyone, It's expo time! Shanghai is buzzing this week as the business world descends on the megopolis to realize their hopes and dreams in China. I expect to have more news next w

bottom of page