Nantong's First Artificial Intelligence Fund Establishes LP

Funding Rounds

▤ Summary

Nantong has established its first AI-themed fund LP with a scale of ¥350 million to back early-stage AI projects. The fund, led by Nantong Industrial Control Group and operated with a dual-GP marketized model, will link Shanghai research resources with local industry capital. It will prioritize early-stage projects in data, algorithms, intelligent manufacturing, brain–machine interfaces and AI+ applications to build an industry cluster. The initiative aims to accelerate local AI capability but highlights intense industry competition and high investment risk, requiring careful project evaluation.

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Amount $49.0M Total raised
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Date May 15, 2026 Announcement date
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Investors - Lead investors
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Company - Funded company

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