Zhongke Chuangxing (CAS Star)

Zhongke Chuangxing (CAS Star) CAS Star, affiliated with the Chinese Academy of Sciences, has established itself as China's premier hard tech investor, pioneering semiconductor investing since 2014. The Pilot Venture Capital Fund closed at RMB 4.08B (approximately $560M) in late 2024, with the Leading-Edge Venture Capital Fund raising RMB 2.617B in its first round. The portfolio of 201 companies spans semiconductors, AI, quantum computing, materials, and robotics. LPs include Taibao Capital, Haid