來覓研究院：2022年度PE&VC市場報告（46頁）.pdf

1、?2022?PE/VC?RIME DATA?PE/VC?PE/VC?PE/VC?PE/VC?1.1 PE/VC?7,151 9,665 7,017 12,001 9,398 11,736 9,965 9,116 25,214 29,226 26,946 27,696 23,848 22,484 23,949 20,070 283633072604433339415220416145420100020003000400050006000050001000015000200002500030000350002019H12019H22020H12020H22021H12021H22022H12022

2、H2?2019?2022?2022 清?頗?清?頗?IMF?2022 清?別 3.2%?凌?清?興?頗?2022 清?凸?清?8703?5%?1.91?9.7%?別 2.19?清?頗?清?10?頗?頗?出?清?頗?忽?頗?50?31.1 PE/VC?2?頗?4?5?影?6?影?清?清?清?清?清?頗?清 PE/VC?忽?2022 清 11?14321?頗?忽?頗?553372100447573748134354419116991111881061291771612171502315037149931499414927148141478114726146301450314321120001250

3、01300013500140001450015000155000501001502002501?2?3?4?5?6?7?8?9?10?11?2,459 1,014 2,460 1,251 1,281 1,499 2,047 1,471 1,523 1,179 1,549 1,347 9684638626035686958138278715757507060200400600800100012000500100015002000250030001?2?3?4?5?6?7?8?9?10?11?12?2022?2022?1-11?41.1 PE/VC?2022 清?32 光?1752?1441?13

4、95?1094?570?浙?1000?200?2829?2689?2316?1940?1312?1752144113951094570449297258176152130104908382?奈 奈?2022?2022?28292689231619401312898839750699636626568428419400?奈?51.1 PE/VC?浙?2022 清?209 光?787?589?586?417?410?頗?頗?激?出?出?頗?7875895864174103983022572442422412182031761710100200300400500600700800900?793.98

5、42.2767.0799.3480.2252.6575.5527.8508.8371.4309.3375.9307.8839.4680.0010020030040050060070080090010002022?61.2?2022 清?3500?清?4.9%?1789?1055?2-3?30%?4?頗?別 656?別18.7%?浙?1?頗?5576?66.9%?10?頗?別 478?別 5.7%?1789105534123085(0,12,34,56,1010?2022?2022?0.2%0.6%4.9%27.4%66.9%100?50?100(10?50?1?10?0?17?2022 清別?

6、315?5?頗?別?9%?10?頗?497?別?14.2%?忽?頗?頗?10?1.2?(?19100?15100?12100?11100?11100?9100?9100?8100?25(50,100?24(50,100?23(50,100?21(50,100?13(50,100?級?12(50,100?11(50,100IDG?11(50,100?10(50,100?9(50,100CPE?7(50,100?27(20,50?24(20,50?18(20,50?18(20,50?18(20,50?17(20,50?14(20,50?12(20,50?11(20,50?11(20,50?9(20

7、,50?9(20,50?9(20,50?9(20,50?8(20,50?8(20,50?6(20,50?6(20,50?養?20(10,20?15(10,20?15(10,2081.3?2022 清?30 光?90?8000?2022 清?10?810?10?1160?頗?2022清?。101099765554?奈?0?101099765554?奈?2022?TOP10?/?600?2+6+N?260?1+4+N?100?100?勁?50?300?100?100?50?50?50?燒?50?5G?0?91.4?2022 清?頗?/?(?)?動?(?動)?500?50%?500?浙?500?50

8、0?300?/?動?動?奈?200?200?13?3+3+2?100?S?,?凌?100?100?1000?動?(?動)?100?動?(?動)?100?動?(?動)?100?100?(?動)?100?+?+?燒?10?PE/VC?PE/VC?PE/VC?PE/VC?112.1 PE/VC?光?存?變?頗?2022 清?8535?6405.43?2022 清?清?3932?1483?48.48%?清?3020.38?40.66%?7681.57?15.17%?020004000600080001000012000010002000300040005000600070002019H12019H22

9、020H12020H22021H12021H22022H12022H2?2019?2022?122.1 PE/VC?2022 清?清?頗?清?頗 61.21%?22.15%?頗?清?33.73%?48.29%?頗?頗?。020040060080010001200140016001800?A?B?C?D?E?0200400600800100012001400160018002022?132.2?-?2022 清?8535?PEVC?浙?33 光?回?6405.43?89%?凸?87%?興?頗?/?02004006008001000120014000200400600800100012001400

10、16001800?Q 1Q 2Q 3Q 4?)142.2?-?頗?凌?頗?頗?凌?別?頗?頗?頗?頗?05001000150020002500?0.00500.001000.001500.002000.002500.00?152.2?-?8535?PEVC?浙?16光?哈?50%?1000?頗?500?500?頗?清?哈?頗?1000?哈?忽?級?清?頗?2022?,1542?,1418?,1316?,937?,636?,514?,449?,427?,394?,335?,145?,118?,103?,84?,83?,342022?0200400600800100012001400?162.2?

11、-?17?2.2?-?2022 清?忽頗?頗?4058?16886?100?頗?4196?25%?忽?2022?100?IDG?興?GGV?0204060801001201401601800%10%20%30%40%50%60%70%80%90%100%182.2?-?100?頗?別 5?50?100?頗?16?2?頗?別?興?頗?90%?忽?頗?頗?頗?光?忽?頗?50?21?頗?哈?頗?頗?頗?哈?頗?2022?50?0%10%20%30%40%50%60%70%80%90%100%?IDG?2022?2505043173100?100?100-50?50?50-30?30?30-20?2

12、0?20-10?10?10-5?5?5?192.2?-?2022 清?170?EVB?哈?169SHEIN?哈?125?哈?117ClinChoice?哈?103?哈?95?88?72?ClinChoice?哈?71?哈?69?UDS?哈?69?202.2?-?2022 清?67?出?IDG?63?EVB?哈?61?DeepWay?哈?55?哈?55?55?52?EVB?51?Thin Red Line?哈?50?哈?50?EVB?212.3?2022 清?1542?789.88?39%?42%?3?興?頗?忽?頗?SaaS?2022清頗?頗?2022?39%?14%?12%?13%IT?16

13、%?6%?42%?14%?9%?14%IT?14%?7%?22?2022 清?0501001502002500200000400000600000800000100000012000001月2月3月4月5月6月7月8月9月10月11月12月軟件人工智能云計算與大數據互聯網IT服務信息通訊設備總次數2.3?23?2022 清?27 光?PE/VC?505?凌?頗?別?290?頗?影?050100150200250300350400?Q1Q2Q3Q42022?TOP 10?2.3?Q 1Q 2Q 3Q 4?Q 1Q 2Q 3Q 4?125927962渝?88827256?91465750?6651

14、4323?55473631?12131111?1491010?14686?6848?7528?505396351290242.3?頗?光?光?光?頗?浙?2022 清?清 5?頗?43?12?6?清?5?頗?13?9?光?清?5?頗?6?5?光?2022?TOP 10?05000001000000150000020000002500000?Q1Q2Q3Q4?Q 1Q 2Q 3Q 4奈?79.6065.5530.4640.38?84.6439.0128.0735.25?41.4146.5032.0517.89?32.3434.549.0013.25?29.838.424.6011.25?1.45

15、2.381.584.02?2.140.2010.312.86?奈?1.211.101.003.42?5.152.950.362.51?2.104.280.112.20?315.67212.58124.55137.07252.3?2022/01/01?20?2022/05/06?D?USD 2.00?Tiger Global Management?2022/06/01?Pre-A?11?IDG?渝?2022/04/26?A?10?渝?WeRide?2022/07/22?B?10?2022/11/07?B?10?2022/01/20?C?USD 1.50?SoftBank Vision Fund?

16、出?RPA2022/04/26?C?USD 1?GGV?2022/02/14?E?USD?1?ApaxPartners渝?渝?2022/02/28?IT?B?6.2?262.3?2022 清?清?哈?1418?1036.92?哈?頗 56%?哈?忽?清變?頗?頗?頗?頗?頗?頗?哈?頗影?2022 清?哈?39%?42%?19%?56%?24%?20%?272.3?2022?020406080100120140160180200050000010000001500000200000025000001?2?3?4?5?6?7?8?9?10?11?12?282.3?2022 清?哈?29 光?PE

17、/VC?凌?頗?頗?2022?TOP 10?050100150200250300350?Q1Q2Q3Q4?Q 1Q 2Q 3Q 4?98767466渝?72696264?81538041?55446436?59315027?1271412?414117?11634?7275?1742?426329390273292.3?頗?頗?光?頗?浙?頗?浙?2022 清?哈?5?頗?39?10?8?5?2022 清?頗 80?A?興?頗?Q3?3?頗?2022?TOP 10?05000001000000150000020000002500000?Q1Q2Q3Q430?Q 1Q 2Q 3Q 4?73.68

18、41.6241.4532.79?133.1124.9118.4545.33?75.3050.0569.7930.94?37.5618.2730.2014.47奈?37.0920.2034.6026.66?3.080.8816.2926.92?奈?6.564.993.801.21?0.272.102.000?1.800.9024.610.95?02.901.691.00?410.88184.31257.41184.322.3?2022/01/12?A?80?IDG?2022/02/10?D?USD 4.00?2022/08/02?A?USD 3?GIC PrivatePlatinum Orchi

19、d?2022/08/03?B?USD 2?Abu Dhabi Investment Authority?2022/12/30?B?USD 2?IDG?2022/06/01?A?9.5?2022/01/01?C?USD 1.3?2022/03/28?B?USD 1.2?2022/08/22?B?7?2022/06/20?B?USD?1?2022.01/06?B?USD 1?PKI?2022/01/12?C?USD 1?SofinaSAGoldman Sachs?Novo Holdings312.3?2022 清?1316?1260.5?2022 清?頗?清?頗?頗?清?頗?85%頗?頗?2022

20、?2022?,6?,77?,102?,18?,588?,153?,145?,134?,40?,27?,26?,11130.0050.00100.00150.00200.00250.00300.00350.00400.00450.00?322.3?2022?2022 清?浙?頗?PE/VC?050100150200250300350-50.00 100.00 150.00 200.00 250.00 300.00 350.00 400.00?332.3?34?2.3?2022?2022 清?636?別 204.7?光?377?59.3%?141.1?68.9%?光?凌?激?忽?2022 清?頗?

21、清?頗?清?頗?影?影?2022?1-12?72536746455566634231465042.616.518.414.211.810.616.916.612.018.016.111.1010203040506070801月2月3月4月5月6月7月8月9月10月11月12月融資事件數量（起）融資金額（億元）2129867484337372470050100150200250?光?77.936.426.813.69.012.16.92.519.6020406080100352022?浙?頗?光?431?67.8%?清?135.7?66.3%?光?清?A?A?337?59%?出?2022?132

22、127686539362823221935.531.48.634.612.315.818.45.02.14.0020406080100120140?奈?3%1%36%14%20%29%3%15%1%4%2%18%9%13%2%3%24%3%0%20%40%60%80%100%?A?B?C?D?2.3?36?2022 清?5?清?HARMAY?2022/01/20?光?2?D?QY CAPITALOCEAN LINK?General Atlantic?2022/10/28?10?B?(?)?2022/03/15?10?Pre-IPOOPPO CORPORATION?IDG?2022/01/11?

23、1?B?2022/11/03?6?A?2022/03/17?6?C?2022/09/15?6?A?2022/01/28?6?Pre-IPO?2022/02/03?6?Pre-IPO?2022/01/26?6?C+?Tims?2022/03/10?9450?Pre-IPOSilver Crest Management LLC?LELECHA養養?2022/12/05?5.25?2022/05/27?5?Pre-IPO?2.3?372.3?2022?1-12?2022?vs?2022 清?201?105.4?清?90%?64%?浙?13?89?23.9?30?14.5?NFT?26?2.2?VR/

24、AR?頗?24.9?23?21?16.2?1614211612291713171419132.43.925.513.84.75.25.94.79.39.917.03.2051015202530351?2?3?4?5?6?7?8?9?10?11?12?0.05.010.015.020.025.030.00510152025303540?VR/AR?VR/AR?VR/AR?VR/AR?382.3?2022?2022?%?浙?浙?頗?A?138?頗 68.7?A?B?C?79.6?頗 75.6?浙?1000?頗?137?68.2%?0.05.010.015.020.025.030.035.00102

25、0304050607080?A?B?C?D?68.2%6.0%5.5%18.4%2.0%1?1?5?5?1?1?5?5?392.3?2022?浙?2022 清?頗?光?159?79.1%?90.6?86%?2022 清?318?頗?數?5238282813?26.917.621.820.04.3?11?XVERSE?6?數5?YAHAHA?5?5?XVERSE?4?數?4?Oasis?XVERSE?4?Thin Red Line?4Thin Red Line?3?402.3?2022 清?2022/11/07?10?B?Rokid2022/11/07?VR/AR?7?C?2022/04/06?

26、1.1?C?SoftBank Vision Fund?XVERSE2022/03/11?VR/AR?1.2?A+?CPE?2022/07/01?3?C?Nreal2022/03/30?VR/AR?6000?C+?2022/12/15?C?2022/11/08?AR/VR?Pre-A?2022/02/17?VR/AR?B?Thin Red Line 2022/10/21?AR?5000?ATM Capital?OPENVERSE2022/10/20?Pre-A?Cocos?2022/04/11?5000?B?Agora?GGV?2022/06/06?AR/MR?1.25?A4?數?BUD2022

27、/05/23?UGC?3680?B?Sequoia Capital India?2022/03/28?1?B?41?PE/VC?PE/VC?PE/VC?PE/VC?423.1 PE/VC?-IPO?2022 清?516?A?349?PE/VC?67.6%?別?A?忽?76%?清?2021 清?2020 清?67%?65%?IPO?2022清 349?IPO?浙?15 光?頗?頗?光?哈?頗?頗?2022?IPO?665622414348285102104932?IPO?IPO?66?56?48?43?41?28?22?箭?10?10?勁?9?5?域?4?3?2?2?433.2 IPO?-?2022 清 PE/VC?頗 A?TOP 20?15?IPO?10?2022 清 IPO?30?19?IPO?15?IPO?IPO?IPO?IPO?30?冊?19?冊?15?15?14?14?13?12?12?11?443.2 IPO?-?IPO?IPO?IPO?IPO?10?10?出?10?冊?出?10起?10?冊?9?9?8?8?7?45RIME DATA?指?APP?光?SaaS?46