Beijing E-Town has decided to invest 185 million yuan (&25.53 million) to support 10 key projects in science and technology innovation. As of now, funding for several projects has already been disbursed to the various companies.

Beijing Danatlas Pharmaceutical Technology Co received about 15 million yuan from Beijing E-Town's Sci-Tech Fund. 

This funding, which was disbursed in December 2023, will be used to accelerate one pipeline's IND (Investigational New Drug) application process in China and the U.S., as well as to conduct preclinical research for two other pipelines. The funds will also support the establishment of a world-leading helicase inhibitor development platform and an efficient translational medicine research platform.

Beijing EasyTime Digital Technology Co received 20 million yuan from Beijing E-Town's Sci-Tech Fund. 

The company focuses on developing a "5G cloud XR digital twin system." Using XR as its technological base and integrating big data, 5G, cloud computing, and AI, this system has applications in areas such as educational assessment, practical training, production inspection, and safety monitoring.

Since its establishment, the Sci-Tech Fund has employed equity investment and other models to successfully attract and foster high-quality innovation and entrepreneurial projects. 

In terms of technological innovation, companies supported by the fund have obtained over 2,000 patents in total. 

Additionally, Beijing E-Town has established a seed fund through its government investment guidance fund, creating an investment framework in the area that covers the entire life cycle of businesses from early to late stages, thereby building a comprehensive investment and financing ecosystem.