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CI

China IC Fund

Pure DeepTechBeijing, ChinaActive
Stage FocusSeries A, Series B+
GeographyChina
TypeGovernment
Last Activity2025
Industry Focus
Industries
Semiconductors
Technical BenchStrong
Investor TypeGovernment Fund
ExposureMostly DeepTech Investments
Bio

China IC Fund (the "Big Fund") is the world's largest chip-focused investment vehicle, created as the centerpiece of China's national semiconductor strategy. Phase III, established in May 2024, deployed ¥344B ($47.5B)—the largest phase yet. Total commitment across all three phases reaches approximately $95B (Phase I: $19.2B, Phase II: $28.2B, Phase III: $47.5B), with six major Chinese banks commit...

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