{"id":858036,"date":"2026-10-06T21:12:30","date_gmt":"2026-10-06T13:12:30","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=858036"},"modified":"2026-10-06T21:12:30","modified_gmt":"2026-10-06T13:12:30","slug":"forbion%e5%8b%9f%e8%b5%8426%e4%ba%bf%e7%be%8e%e5%85%83%ef%bc%8c%e4%b8%ba%e6%ac%a7%e6%b4%b2%e7%94%9f%e7%89%a9%e6%8a%80%e6%9c%af%e8%a1%8c%e4%b8%9a%e6%b3%a8%e5%85%a5%e5%bc%ba%e5%bf%83%e5%89%82","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=858036","title":{"rendered":"Forbion\u52df\u8d4426\u4ebf\u7f8e\u5143\uff0c\u4e3a\u6b27\u6d32\u751f\u7269\u6280\u672f\u884c\u4e1a\u6ce8\u5165\u5f3a\u5fc3\u5242"},"content":{"rendered":"<p>\u8377\u5170\u8fd9\u5bb6\u673a\u6784\u5b8c\u6210\u5927\u989d\u52df\u8d44\uff1b\u5c3d\u7ba1<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%ac%a7%e6%b4%b2\" title=\"View all posts in \u6b27\u6d32\" target=\"_blank\" class=\"tag_link\">\u6b27\u6d32<\/a>\u836f\u4f01\u4e0e<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u8005\u4e0d\u65ad\u8b66\u793a\uff0c\u672c\u5730\u533a\u7ade\u4e89\u529b\u6b63\u5728\u4e0b\u6ed1<\/p>\n<p>\u603b\u90e8\u4f4d\u4e8e\u8377\u5170\u7684 Forbion \u662f\u6b27\u6d32\u5934\u90e8<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%94%9f%e7%89%a9%e6%8a%80%e6%9c%af\" title=\"View all posts in \u751f\u7269\u6280\u672f\" target=\"_blank\" class=\"tag_link\">\u751f\u7269\u6280\u672f<\/a>\u6295\u8d44\u673a\u6784\uff0c\u672c\u6b21\u52df\u8d44\u89c4\u6a21\u8fbe 23 \u4ebf\u6b27\u5143\uff08\u7ea6\u5408 26 \u4ebf\u7f8e\u5143\uff09\uff0c\u662f 2026 \u5e74\u6b27\u6d32\u52df\u8d44\u989d\u6700\u9ad8\u7684\u751f\u547d\u79d1\u5b66<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%a3%8e%e9%99%a9%e6%8a%95%e8%b5%84\" title=\"View all posts in \u98ce\u9669\u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u98ce\u9669\u6295\u8d44<\/a>\u57fa\u91d1\u3002<\/p>\n<p>Forbion \u8868\u793a\uff0c\u672c\u6b21\u8d44\u91d1\u7ea6 60% \u6765\u81ea\u6b27\u6d32\u672c\u571f\u6295\u8d44\u8005\uff0c40% \u6765\u81ea\u5317\u7f8e\u3002\u6295\u8d44\u65b9\u5305\u62ec\u8377\u5170\u517b\u8001\u91d1\u7ba1\u7406\u673a\u6784 MN\u3001PGGM\uff0c\u5fb7\u56fd\u590d\u5174\u4fe1\u8d37\u94f6\u884c\u65d7\u4e0b KfW Capital \u4ee5\u53ca<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/LLY.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u793c\u6765<\/a><\/span><span><\/span>\u5236\u836f\u3002\u5b8c\u6210\u672c\u8f6e\u52df\u8d44\u540e\uff0cForbion \u7ba1\u7406\u8d44\u4ea7\u603b\u89c4\u6a21\u8fbe\u5230 75 \u4ebf\u6b27\u5143\uff08\u7ea6 85 \u4ebf\u7f8e\u5143\uff09\uff0c\u8f83\u4e24\u5e74\u524d\u589e\u957f 50%\u3002<\/p>\n<p>Forbion \u4e3b\u8981\u6295\u8d44\u6b27\u6d32\u4e0e\u5317\u7f8e\u7684\u751f\u547d\u79d1\u5b66\u4f01\u4e1a\uff0c\u8986\u76d6\u591a\u4e2a\u6cbb\u7597\u8d5b\u9053\u3002<\/p>\n<p>\u672c\u6b21\u5927\u989d\u52df\u8d44\u51fa\u7089\u4e4b\u9645\uff0c\u6b27\u6d32\u5236\u836f\u884c\u4e1a\u9ad8\u5c42\u6b63\u6572\u54cd\u884c\u4e1a\u8b66\u949f\u3002\u4e0a\u4e2a\u6708\uff0c<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/AZN.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u963f\u65af\u5229\u5eb7<\/a><\/span><span><\/span>\u3001<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/GSK.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u845b\u5170\u7d20\u53f2\u514b<\/a><\/span><span><\/span>\u3001<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/NVS.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u8bfa\u534e<\/a><\/span><span><\/span>\u3001\u7f57\u6c0f\u3001<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/SNY.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u8d5b\u8bfa\u83f2<\/a><\/span><span><\/span>\u7b49\u4e5d\u5bb6\u5236\u836f\u4f01\u4e1a\u8463\u4e8b\u957f\u8054\u540d\u53d1\u5e03\u516c\u5f00\u4fe1\uff0c\u8b66\u793a\u6b27\u6d32\u6b63\u5728\u8f93\u6389<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8c%bb%e8%8d%af\" title=\"View all posts in \u533b\u836f\" target=\"_blank\" class=\"tag_link\">\u533b\u836f<\/a>\u6295\u8d44\u7ade\u8d5b\u3002\u4fe1\u4e2d\u63d0\u5230\uff0c\u6b27\u6d32\u5728\u5168\u7403\u836f\u7269\u7814\u53d1\u4e2d\u7684\u5360\u6bd4\u4ece 1990 \u5e74\u7684 43% \u4e0b\u6ed1\u81f3 31%\uff0c\u800c\u4ee5\u4e2d\u56fd\u4e3a\u4ee3\u8868\u7684\u5730\u533a\u6b63\u5728\u5927\u529b\u58ee\u5927\u751f\u7269\u6280\u672f\u5b9e\u529b\u3002\u8054\u540d\u4f01\u4e1a\u547c\u5401\u6b27\u6d32\u5404\u56fd\u653f\u5e9c\u52a0\u5927\u533b\u836f\u9886\u57df\u6295\u5165\u3002<\/p>\n<p><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%a3%8e%e9%99%a9\" title=\"View all posts in \u98ce\u9669\" target=\"_blank\" class=\"tag_link\">\u98ce\u9669<\/a>\u6295\u8d44\u5c42\u9762\u7684\u5dee\u8ddd\u5219\u66f4\u4e3a\u60ac\u6b8a\u3002Forbion \u6240\u5c5e\u7684\u6b27\u6d32\u751f\u547d\u79d1\u5b66\u8054\u76df\u6570\u636e\u663e\u793a\uff0c\u6b27\u6d32\u57fa\u91d1\u4ec5\u5360\u6709\u5168\u7403\u751f\u547d\u79d1\u5b66\u98ce\u6295\u5e02\u573a 7% \u7684\u4efd\u989d\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%be%8e%e5%9b%bd\" title=\"View all posts in \u7f8e\u56fd\" target=\"_blank\" class=\"tag_link\">\u7f8e\u56fd<\/a>\u5360\u6bd4\u9ad8\u8fbe 63%\u3002\u8be5\u673a\u6784\u79f0\uff0c\u8fc7\u53bb\u516d\u5e74\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%ac%a7%e7%9b%9f\" title=\"View all posts in \u6b27\u76df\" target=\"_blank\" class=\"tag_link\">\u6b27\u76df<\/a>\u672c\u571f\u5df2\u670967 \u5bb6\u751f\u7269\u79d1\u6280\u4f01\u4e1a\u5b8c\u6210 <a href=\"https:\/\/www.alphaseek.cn\/?tag=ipo\" title=\"View all posts in IPO\" target=\"_blank\" class=\"tag_link\">IPO<\/a>\uff0c\u51e0\u4e4e\u5168\u90e8\u9009\u62e9\u5728\u6b27\u76df\u5883\u5916\u4ea4\u6613\u6240<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%8a%e5%b8%82\" title=\"View all posts in \u4e0a\u5e02\" target=\"_blank\" class=\"tag_link\">\u4e0a\u5e02<\/a>\u3002<\/p>\n<p>Forbion \u8054\u5408\u521b\u59cb\u4eba\u3001\u7ba1\u7406\u5408\u4f19\u4eba\u6851\u5fb7\u30fb\u65af\u6d1b\u7279\u97e6\u8d6b\u8868\u793a\uff1a\u201c\u5173\u4e8e\u5982\u4f55\u5728\u6b27\u6d32\u91ca\u653e\u66f4\u591a\u8d44\u672c\uff0c\u4e1a\u5185\u8ba8\u8bba\u5f88\u591a\u3002\u6211\u4eec\u8fd9\u6b21\u52df\u8d44\uff0c\u6b63\u662f\u5411\u597d\u7684\u521d\u6b65\u4fe1\u53f7\u3002\u201d<\/p>\n<p>\u6b27\u6d32\u5176\u4ed6\u751f\u7269\u6280\u672f<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%9e%8d%e8%b5%84\" title=\"View all posts in \u878d\u8d44\" target=\"_blank\" class=\"tag_link\">\u878d\u8d44<\/a>\u4e5f\u6709\u6240\u52a8\u4f5c\u3002\u6839\u636e PitchBook \u6570\u636e\uff0c\u603b\u90e8\u4f4d\u4e8e\u5df4\u9ece\u7684\u751f\u7269\u79d1\u6280\u6295\u8d44\u673a\u6784 Jeito Capital \u4eca\u5e74 3 \u6708\u5b8c\u6210 12 \u4ebf\u7f8e\u5143\u57fa\u91d1\u52df\u96c6\uff0c\u662f\u4e8c\u5b63\u5ea6\u4e4b\u524d\u6b27\u6d32\u89c4\u6a21\u6700\u5927\u7684\u98ce\u6295\u52df\u8d44\uff1b\u4f26\u6566 AI \u836f\u7269\u7814\u53d1\u4f01\u4e1a Isomorphic Labs \u5728 5 \u6708\u878d\u8d44 21 \u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u4f46 PitchBook \u540c\u65f6\u6307\u51fa\uff0c2025 \u5e74\u6b27\u6d32\u6574\u4f53\u98ce\u6295\u52df\u8d44\u603b\u989d\u521b\u4e0b\u5341\u5e74\u65b0\u4f4e\uff1b\u5373\u4fbf\u4eca\u5e74\u51fa\u73b0\u590d\u82cf\uff0c\u7ea2\u5229\u4e5f\u4e3b\u8981\u6d41\u5411 Forbion \u8fd9\u7c7b\u6210\u719f\u8001\u724c\u673a\u6784\uff0c\u5e76\u6ca1\u6709\u52a9\u529b\u57f9\u80b2\u65b0\u4e00\u4ee3\u6295\u8d44\u673a\u6784\u3002<\/p>\n<p>\u8d23\u4efb\u7f16\u8f91\uff1a\u90ed\u660e\u715c <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8377\u5170\u8fd9\u5bb6\u673a\u6784\u5b8c\u6210\u5927\u989d\u52df\u8d44\uff1b\u5c3d\u7ba1\u6b27\u6d32\u836f\u4f01\u4e0e\u6295\u8d44\u8005\u4e0d\u65ad\u8b66\u793a\uff0c\u672c\u5730\u533a\u7ade\u4e89\u529b\u6b63\u5728\u4e0b\u6ed1 \u603b\u90e8\u4f4d\u4e8e\u8377\u5170\u7684 Forbion  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":[],"categories":[4],"tags":[57,195,275,241,186,26,343,367,144,192,156],"views":8,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/858036"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=858036"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/858036\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=858036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=858036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=858036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}