Infinity I-China Fund

www.infinity-equity.com/DefaultEn/Index

Venture Capital Fund

Fully invested

Tech Verticals Preferences

Energy Tech, Environment, Hardware, Industrial Technologies, Materials, Medical Devices, MedTech, Security, WaterTech

General Data

Management Company:	Infinity Group
Vintage Year	2006
Current Active Portfolio Companies:	16
Reg. Number:	abCDe

DESCRIPTION

Infinity I-China Fund focuses on late stage technology companies appealing to consumer electronic markets as well as companies developing communication equipment, software and IT, medical devices and technologies for the cosmetics markets. The fund will invest about 40% of the capital in Israeli companies targeting the Chinese market and will also invest directly in Chinese companies.

Related Funds

Fund Name	Fund Capital($m)	Status	Remarks
Infinity I	abCDe	Fully invested
Infinity II	abCDe	Fully invested
Infinity Management Services (IMS)	abCDe	Fully invested
I-CSVC	abCDe	Fully invested	Capital co-managed by Infinity and CSVC; 50% is allocated to Israel.
Infinity Chinese Funds	abCDe	N/A

REMARKS

Date	Remark
31/03/2011	Infinity I-China acquired Pulsar Welding's IP through IP Bank (a hub for intellectual property)

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	Azrieli Center, Triangle Building, 42th fl, 132 Menachem Begin Rd
City	Tel Aviv
Country	Israel
Zip	6701101

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Beijing, China

Address	8 North 2nd Ave, Haidian District, Zhongguancun SOHO, Room 1515
City	Beijing
Country	China
Zip	100080

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Amir Gal-Or	Managing Partner	Maayan Ventures (Chairman)

	CAPITAL RAISED

Date

Amount

Jan. 01, 2006

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij*	Fund of Funds	abCDe
abC Defghij	Bank	abCDe
abC Defghij	Financial Services Company	abCDe
abC Defghij	Holding Company	abCDe	Holds 9% of the Fund.
abC Defghij	Holding Company	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	N/A	abCDe

Investment Data

Managed Capital	abCDe
Capital Remarks	40% allocated to Israeli companies targeting the Chinese market

Preferences

Maximum investments	$26m
Minimum investments	$1m
Type of Financing	Equity
Stage Preferences	Initial Revenues,R&D,Revenue Growth,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Agritech

16%

Biomed

14%

Digital Health

14%

Enterprise Software & Infrastructure

14%

Hardware & Industrial

14%

Medical Devices

14%

Semiconductors

14%

	PORTFOLIO COMPANIES

Current Portfolio Companies (16)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

China Medicine On-Line (CMO) (non Israeli company)

N/A

Other

03/06/2008

$4m

N/A

Chiral Quest

Biomed

Second Round

02/09/2008

$2m

N/A

A total $13m investment round

CSST

N/A

PIPE

07/05/2010

$2m

N/A

DCITS

N/A

Other

20/10/2008

$9m

N/A

A $73m joint investment of Infinity III and CSVC, as part of DCITS's spinoff from Digital China Holdings Ltd. 10/2009: Sold Digital China shares for $11m (cash). Infinity still maintains company shares (15%).

Haolianluo

N/A

Third Round

15/08/2011

$7m

$12m

A total $12m investment round

Infinity I-China Acquisition Corporation (SPAC)

N/A

Other

01/01/2008

$35m

N/A

IP Bank

N/A

Other

08/07/2010

$2m

N/A

Kaiima

Agri

Third Round

04/08/2013

N/A

$66m

Memblaze (non-Israeli company)

Ent. SW

First Round

27/07/2012

N/A

$3.1m

Alongside Beijing's Z-Park Venture Capital.

Newsight

Semicon.

First Round

20/05/2020

$5m

$7m

NovaSight

Second Round

31/03/2024

N/A

$5m

OMGene

Dig. Health

Seed

01/05/2024

$3m

PV Nano Cell

HW & Indust.

Second Round	11/12/2014	N/A	$1.3m
First Round	21/08/2013	$1.5m	$3.65m	Through Infinity IP Bank.

Sino Forest

N/A

PIPE	11/05/2010	$0.7m	N/A
PIPE	01/11/2009	$1.3m	N/A

THT

N/A

PIPE

26/11/2010

$5m

N/A

$14.3m private placement together with Avant Capital Group, Mitsubishi UFJ Financial Group (NYSE: MTU; TSE: 8306), and Zhejiang Jinqia Hong Kong Ltd.

United Water

N/A

Second Round

26/04/2010

$4.5m

N/A

Exits (7)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	IPO	01/12/2008	abCDe
abC Defghij (Other)	Acquired	13/07/2010	abCDe
abC Defghij	Acquired	26/07/2012	abCDe
abC Defghij	Acquired	21/11/2017	abCDe	The deal will take place in four stages, with Chengdu Kanghong investing $7m at a company value of $30m, before money, in the first stage. In the next stage, it will buy shares from IOPtima's existing shareholders, including BioLight, which has a 70% stake. If all of the stages are exercised, IOPtima will be sold at a $56m value, to be paid gradually by 2021.
abC Defghij	Acquired	01/12/2009	abCDe
abC Defghij	Acquired	04/10/2010	abCDe	Through McGraw-Hill Education; amount is estimated.
abC Defghij (Other)	Holdings Sold		abCDe

Historic Portfolio (6)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

BotanoCap

Ceased to Operate

Agri

Fourth Round	23/12/2013	$4.2m	$4.2m	A quarter of the investment was made through a Chinese joint venture company established under the umbrella of the Infinity-Harbin fund.
Third Round	01/03/2012	$1m	$1m

Fanzone

Ceased to Operate

Ent. SW

First Round	13/07/2015	$0.3m	$5m
Seed	01/06/2014	N/A	$0.7m

Maayan Ventures

Written Off

N/A

PIPE

23/06/2010

$5.18m

N/A

Held 12.5% of the company. 04/2015: Holdings written off as part of a debt settlement.

Mango DSP

Ceased to Operate

HW & Indust.

Fifth Round

01/03/2007

$12m

Oberon Media

Ceased to Operate

CO SW

Fifth Round	10/11/2010	N/A	$16m
Fourth Round	02/09/2008	$19m	$19m

Reddo Mobility

Ceased to Operate

Ent. SW

Fifth Round

12/01/2015

N/A

$4.25m

Last Updated:	abCDe
IVC Number:	abCDe