Addor_Capital

Addor Capital

Addor Capital

China-based venture capital firm

Addor Capital (Addor) (Chinese: 毅達資本; pinyin: Yìdá Zīběn) is a Chinese investment firm founded in 2014. The firm is backed by the Jiangsu High-Tech Investment Group (Govtor Group), a state-owned investment company established by the Government of Jiangsu. It invests in companies from various industries including technology, manufacturing, energy and healthcare.

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Background

Addor was established in 2014 as part of mixed-ownership reform that was implemented by the Jiangsu High-Tech Investment Group.[1][2][4][5][6]

In 2017, Addor set up an entity in Beijing to establish its M&A and private equity business.[4]

In 2019, Addor set up a subsidiary in Hong Kong to perform activities related to M&A and asset management in overseas markets.[2][4]

In September 2020, Addor partnered with several Chinese companies including Jiangsu High-Tech Investment Group to established a $146 million fund to invest in emerging technology startups.[2]

Addor is headquartered in Nanjing with additional offices in other Chinese cities including Beijing, Shanghai and Guangzhou.[2][3]

Notable investments include Dayun Auto.[2]

References

  1. [1]
    Schachner, Miles (10 August 2021). "The largest Chinese investors you've never heard of". The China Project. Archived from the original on 25 March 2023. Retrieved 25 March 2023.
  2. [2]
    "Addor Capital co-launches $146m fund to invest in China's tech startups". 22 October 2020. Archived from the original on 22 October 2020.
  3. [3]
    "China's Addor Capital closes second health industry fund at $241m". 17 April 2021. Archived from the original on 17 April 2021.
  4. [4]
    "China's capital market changes are in the right direction: Wenlu Ying, Addor Capital". 10 March 2021. Archived from the original on 10 March 2021.
  5. [5]
    馮誠 (1 January 2018). 鎮版報導的氣質養成：新聞通訊采寫實踐與感悟 (in Chinese). 新華出版社.
  6. [6]
    "毅达资本 一年过会6家企业的"科创经验"". cqvip.com. 2020.


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