Monthly News | October 2026: China's First Auditory Brainstem Implant Approved for Market, Three Financings Make New Progress
Recently, the Central Committee of the Communist Party of China and the State Council issued the Opinions on Developing New Quality Productive Forces. The Opinions pointed out that financial innovation product supply should be increased; angel investment, venture capital, and private equity investment should be encouraged and regulated; the guiding and driving role of government investment funds should be better leveraged; support policies for long-term capital to invest early, in small businesses, for the long term, and in hard technology should be improved; and patient capital should be expanded.The direction indicated by policy is precisely the direction in which Efung Capital has long been deeply engaged. This month, multiple portfolio companies of Efung achieved breakthroughs in advancing financing rounds and expanding core businesses, responding with concrete progress to the policy proposition of "investing early, in small businesses, for the long term, and in hard techn...
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