每周观察

每周整理四类新闻:全球影响力投资、全球创业投资、台湾创投、家族办公室。摘要附原文连结。

2026 年 9 月第 4 周

全球影响力投资

ImpactAlpha2026-09-22

美国气候政策退场之际,亚洲投资人接手气候融资主导权

淡马锡、曹氏家族办公室等亚洲资金方表示,区域气候与绿色投资并未放缓;以亚太海洋新创为对象的 Asia Ocean Fund 目标规模 7,500 万美元、预计投资 30 家。

As the US retreats, Asia's investors take the lead on climate financing

Asian asset owners including Temasek and the Tsao Family Office say regional climate investing is pressing ahead; the Asia Ocean Fund targets $75M across 30 Asia-Pacific deals.

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ImpactAlpha2026-09-24

性别视角投资转向公开市场,2X Global 目标 2027 年前新增 200 亿美元

2X Global 蒙特娄年会聚集 44 国、270 位与会者,讨论将性别视角投资从私募延伸至公开股债市场;加拿大 FinDev Canada 同步宣布投入 3,000 万加元。

Gender-lens investors look to scale capital in public markets

At 2X Global's Montreal summit (270 participants from 44 countries), investors pushed to extend gender-lens strategies into public equities and debt, targeting $20B in new capital by 2027; FinDev Canada committed C$30M.

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ImpactAlpha2026-09-24

GIIN 共同创办人 Amit Bouri 卸任前受访:市场已达 1.5 兆美元,系统性进展仍不足

领导全球影响力投资网络(GIIN)17 年的 Bouri 将于 10 月阿姆斯特丹年会后卸任;他指出市场规模已由 2019 年约 5,000 亿美元成长至 1.5 兆美元,但全球层面的系统性改变仍未到位。

GIIN's Amit Bouri reflects as he steps down after 17 years

Bouri, who led the GIIN for 17 years, steps down after the October Amsterdam forum; the market grew from about $500B (2019) to $1.5T, yet he says systemic progress remains insufficient.

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ImpactAlpha2026-09-25

纽约气候周:McKnight 基金会推 1.5 亿美元基金,支持社区自有气候专案

McKnight 基金会在美国中西部七州盘点逾 110 个社区自有气候专案、总成本约 4.5 亿美元,并与伙伴设立 1.5 亿美元的 Power & Place 基金补足资金缺口;同期气候专业创投募资明显降温。

Climate Week NYC: McKnight backs a $150M fund for community-owned climate projects

McKnight Foundation mapped 110+ community-owned climate projects across seven Midwest states (about $450M in total cost) and helped launch the $150M Power & Place fund to close the gap, even as climate-specialist VC fundraising slows.

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ImpactAlpha2026-09-21

日本影响力投资余额达18.65兆日圆,首届东京Impact Galleria串连亚洲十国生态系

日本影响力投资余额已达约18.65兆日圆(约1,250亿美元),首届东京Impact Galleria汇集十国约300人;AVPN指出,亚洲的瓶颈不在资金,而在可投资的案源。

Japan's ¥18.65 trillion impact market anchors first Impact Galleria Tokyo, linking 10 Asian ecosystems

Japan's outstanding impact investments reached about ¥18.65 trillion (~$125bn), and the first Impact Galleria Tokyo drew some 300 participants from 10 countries. AVPN noted Asia's real bottleneck is bankable deals, not capital.

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Asian Development Bank2026-09-24

全球500家开发银行2027年齐聚曼谷,Finance in Common峰会首度移师亚洲

亚洲开发银行宣布将于2027年3月底在曼谷主办Finance in Common峰会,与会开发银行合计管理约23兆美元资产、年投资约2.5兆美元,亚洲公共资金撬动民间资本的平台角色将更吃重。

500 development banks to meet in Bangkok as Finance in Common Summit comes to Asia for the first time

ADB will host the Finance in Common Summit in Bangkok from 31 March to 2 April 2027, the first in Asia, gathering 500+ public development banks managing roughly $23trn and investing about $2.5trn a year—raising Asia's profile as a hub for mobilising private capital.

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ImpactAlpha2026-09-29

欧盟反漂绿新规上路:净零承诺须附验证计划,靠抵换不得标示“碳中和”

欧盟EmpCo指令9月27日起适用,净零承诺须有可量化时程并经第三方验证,依赖碳抵换的产品不得再称碳中和;金融机关同受规范,惟截至6月仍有至少17国未完成转化立法。

EU greenwashing rules take effect: net-zero claims need verified plans, offset-based 'carbon neutral' labels banned

The EU's EmpCo Directive now applies: net-zero pledges need measurable, time-bound plans with independent verification, and offset-reliant products can no longer be labelled 'carbon neutral'. Banks are covered too, though at least 17 member states had not transposed it as of June.

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ImpactAlpha2026-09-30

Enable Ventures募得5,030万美元,专投身障科技并缩小财富落差

以身障视角投资的创投Enable Ventures完成5,030万美元募资(原目标7,500万),福特基金会等参与;预计投资约24家早期公司,显示身障正成为新兴影响力投资主题。

Enable Ventures raises $50.3 million for disability-tech venture fund

Disability-lens VC Enable Ventures closed its fund at $50.3m (vs a $75m target), backed by the Ford Foundation, UnitedHealth Group and others. It has made 11 investments and plans about 24, signalling disability as an emerging impact theme.

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全球创业投资

Bessemer Venture Partners2026-09-23

Bessemer 完成 57.5 亿美元新基金,全面押注 AI 原生企业

资金分为 17.5 亿美元种子与早期基金、40 亿美元成长基金,涵盖算力、基础模型到应用与 Agent 的 AI 全产业链。

Bessemer Venture Partners closes $5.75B for AI-native founders

The raise splits into $1.75B for seed/early stage and $4B for growth, targeting AI-native companies from infrastructure and models to apps and agents.

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Crunchbase News2026-09-25

本周全球十大募资:资安双雄 Island、Cyera 各募 4 亿美元

Island(估值 64 亿美元)与 Cyera 各完成 4 亿美元募资,Snorkel AI 以 32 亿美元估值募得 3.5 亿美元;资安、AI 与医疗科技主导本周大型交易。

The week's 10 biggest rounds: Island and Cyera lead with $400M each

Island ($6.4B valuation) and Cyera each raised $400M, while Snorkel AI raised $350M at $3.2B; security, AI and health dominated the week's megadeals.

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Crunchbase News2026-09-23

亿元级 A 轮成常态:2026 年至少 114 笔逾 1 亿美元 A 轮

今年全球逾 1 亿美元的 A 轮至少 114 笔、合计约 330 亿美元,可望创历史新高;其中七成以上流向 AI 新创,约半数在美国。

Jumbo-sized Series A rounds are on the rise

At least 114 Series A rounds of $100M+ have closed globally in 2026, totaling roughly $33B and on pace for a record; over 70% went to AI startups.

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TechCrunch2026-09-29

OpenAI传洽谈至少300亿美元新一轮募资,估值上看1.4兆美元

据Bloomberg报导,OpenAI正洽谈至少300亿美元的新一轮募资,估值约1.4兆美元,较3月的8,520亿美元大幅跃升;显示资金持续向头部AI模型公司高度集中,也为其明年上市铺路。

OpenAI reportedly in talks to raise $30B round at $1.4T valuation

OpenAI is reportedly negotiating a round of at least $30B at roughly a $1.4T valuation, up from $852B in March, underscoring how heavily capital is concentrating in frontier AI ahead of its expected listing next year.

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TechCrunch2026-09-28

消费级AI代理Instinct完成10亿美元C轮,估值100亿美元

代使用者订位、付款、采购的消费级AI代理新创Instinct,由Sequoia、Benchmark、Coatue投资完成10亿美元C轮,估值100亿美元,距上轮25亿美元估值仅约一个月,反映AI代理赛道的资金热度。

Viral AI agent Instinct raises $1B Series C at a $10B valuation

Consumer AI agent Instinct, which books travel, pays bills and shops for users, raised a $1B Series C from Sequoia, Benchmark and Coatue at a $10B valuation, about a month after a round at $2.5B, showing how fast capital is chasing AI agents.

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TechCrunch2026-09-25

英国AI算力云Nscale赴美IPO前取得33.6亿美元可转债融资

Nvidia支持的英国AI云端业者Nscale,在纽约证交所IPO前由Third Point与Nvidia领投取得33.6亿美元可转债,上市后转为股权;预期估值约350亿美元,显示AI资料中心建置需要庞大资本。

Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing

Nvidia-backed British AI cloud provider Nscale lined up $3.36B in convertible notes led by Third Point and Nvidia ahead of an NYSE listing expected to value it around $35B, illustrating the scale of capital needed for AI data center buildouts.

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DealStreetAsia2026-10-01

GCash母公司Mynt菲律宾IPO定价,募资约8.45亿美元

菲律宾行动支付GCash母公司Mynt以每股6.6披索定价IPO,募资约530亿披索(约8.45亿美元),预计10月20日挂牌,基石投资人包括Capital Research与IFC;为东南亚金融科技出场的重要指标案。

GCash owner Mynt prices Philippine IPO at 6.6 pesos per share

Mynt, parent of Philippine e-wallet GCash, priced its IPO at 6.60 pesos a share to raise about 53B pesos (~$845M), with trading set for Oct. 20 and cornerstones including Capital Research and the IFC, a bellwether exit for Southeast Asian fintech.

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DealStreetAsia2026-09-25

东南亚创投面临后续轮资金断层,扣除单一大案上半年募资反降21%

东南亚2026上半年创投募资达72.5亿美元,但其中45亿美元来自DayOne单一C轮;扣除后实际下滑21%至27.5亿美元,A轮中位数也降至800万美元,中后期资金断层成为区域生态的结构性问题。

SE Asia venture capital grapples with structural gap in follow-on funding

Southeast Asian startups raised $7.25B in H1 2026, but $4.5B came from DayOne's single Series C; excluding it, funding fell 21% to $2.75B and median Series A size dropped to $8M, exposing a structural gap in growth-stage capital.

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TechCrunch2026-09-24

Lightspeed募集2.5亿美元新印度基金,聚焦早期AI

Lightspeed为第五期印度基金募集2.5亿美元、已取得八成承诺,锁定印度与东南亚早期AI新创;规模仅2022年前一期5亿美元的一半,反映亚洲创投转向更精实、重视个案品质的布局。

Lightspeed targets $250M for new India fund, focusing on early-stage AI

Lightspeed is raising $250M for its fifth India fund, with 80% already committed, to back early-stage AI startups in India and Southeast Asia; the fund is half the size of its $500M 2022 predecessor, signaling a leaner, more selective approach.

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台湾创投

Meet创业小聚2026-09-23

FunNow 获和泰汽车 1,000 万美元 C 轮投资,携手首攻日本市场

即时预订平台 FunNow 完成约新台币 3.18 亿元 C 轮,将与和泰旗下旅游平台 chicTrip 整合服务,资金用于海外扩张与 AI 研发;公司已于 7 月签署上市辅导。

FunNow raises $10M Series C from Hotai Motor, targeting Japan

Instant-booking platform FunNow closed a ~NT$318M Series C from Hotai Motor, integrating with Hotai's chicTrip travel platform to expand into Japan and invest in AI; it entered IPO counseling in July.

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Meet创业小聚2026-09-24

第四届渣打女力创业奖揭晓,长者送餐平台夺冠

由渣打银行、立人社会福利基金会与 Impact Hub Taipei 合办,前三名为长者送餐照护、心辅犬训练与 AI 量身内衣平台;计划自 2023 年起已培育近 120 家女性创业团队。

Standard Chartered Women Entrepreneurship Award names its fourth-cohort winners

Co-run by Standard Chartered, the Lih Jen Foundation and Impact Hub Taipei, the award's top three were an elder meal-delivery platform, a service-dog team and an AI fit-tech brand; nearly 120 women-led teams have been trained since 2023.

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Meet创业小聚2026-09-24

LANDED 以 12 个月加速计划,协助台湾新创落地美国

纽约台裔创业者黄圣安创办的 LANDED 采“市场验证、营收、募资”三阶段,自 2025 年起已辅导 9 家新创,其中保险科技 Qlo 入选 YC 2026 夏季梯次。

LANDED's 12-month program helps Taiwanese startups land in the US

Founded by New York-based Taiwanese entrepreneur Huang Sheng-an, LANDED runs a three-phase program (validation, revenue, fundraising) and has backed nine startups since 2025, including YC S26 insurtech Qlo.

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中央社2026-09-30

2026台湾新创投资趋势年报:去年投资额27.74亿美元,AI与半导体创新高

经济部中小及新创企业署发布年报,2025年台湾新创投资共555件、27.74亿美元;AI募资5.69亿美元、年增近八成,半导体4.42亿美元亦增逾七成,显示资金高度集中于AI与晶片赛道。

Taiwan Startup Investment Hit US$2.774B in 2025 as AI and Chips Set Records

MOEA's SME and startup agency reported 555 deals worth US$2.774B in 2025, with AI startups raising US$569M (up ~80%) and semiconductors US$442M (up 70%+), showing capital concentrating in AI and chips.

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Meet创业小聚2026-09-30

晶智达完成3.4亿元增资押注AI光通讯,达盈领投、国发基金跟投

VCSEL雷射厂晶智达完成新台币3.4亿元增资,由达盈领投、国发基金与光通讯策略投资人跟投,资金将扩充研发与测试能量,抢攻AI算力晶片间高速光互连,最快2027至2028年小量生产。

iReach Raises NT$340M for AI Optical Interconnect, with National Development Fund Joining

VCSEL maker iReach closed a NT$340M round led by Da-Ying, joined by the National Development Fund and optical-comms strategic investors, to expand R&D and testing for AI chip-to-chip optical interconnects, targeting small-volume output in 2027-28.

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经济日报2026-09-22

棱研科技转创新板挂牌,首日上涨逾16%

毫米波新创棱研科技(7812)9月22日由兴柜转台湾创新板上市,承销价60元、首日收70元,涨幅逾16%,为卫星、国防等非红供应链新创走向资本市场的指标案例。

TMYTEK Debuts on Taiwan Innovation Board, Gains Over 16% on First Day

Millimeter-wave startup TMYTEK (7812) moved from the emerging market to the Taiwan Innovation Board on Sept 22, closing at NT$70 versus a NT$60 offer price, a 16%+ gain and a marker for satellite and defense startups reaching public markets.

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经济日报2026-09-29

金管会、国发会“创新大步计划”TiBOOST延长征件至10月5日

由金管会与国发会指导、证交所主办的TiBOOST创新大步计划,截至9月29日已收逾百件申请、约半数来自19国的海外团队,征件延至10月5日,旨在为AI新创串接资金与产业资源。

FSC-NDC TiBOOST Program for AI Startups Extends Application Deadline to Oct 5

The TiBOOST program, backed by the FSC and NDC and run by TWSE, drew 100+ applications by Sept 29, about half from 19 countries abroad, and extended its deadline to Oct 5 to link AI startups with capital and industry partners.

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经济日报2026-09-28

鸿海董事长刘扬伟公开五大准则,揭露集团新创投资成绩

刘扬伟以产业时机、团队执行力、策略综效、可沟通性与投后退场规划五准则筛选新创;鸿海2019年以来直接策略投资33家、20家成功,旗下五支基金投资594家、321家成功,并设三年检视机制。

Foxconn Chairman Young Liu Lays Out Five Criteria for Startup Investing

Young Liu said Foxconn screens startups on timing, execution, synergy, explainability and exit planning; since 2019 its direct strategic bets show 20 successes out of 33, while its five funds count 321 out of 594, under a three-year review rule.

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国家发展委员会2026-09-28

国发会矽谷设首个海外揽才据点,Taiwan Demo Day 12家新创登场

国发会在矽谷新创基地设立Talent Taiwan首个海外办公室,同期揽才活动吸引逾3,000人、14家台企参与,另有12家新创于Demo Day登场,强化国际人才与资金链结。

NDC Opens First Overseas Talent Office in Silicon Valley, 12 Startups Pitch at Taiwan Demo Day

The NDC opened Talent Taiwan's first overseas office inside its Startup Island TAIWAN Silicon Valley hub; a parallel Career Day drew 3,000+ attendees and 14 Taiwanese firms, while 12 startups pitched at Taiwan Demo Day.

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家族办公室

Citi Wealth / Taiwan News2026-09-22

花旗:亚太家族办公室直接投资与 AI 布局领先全球

花旗 2026 全球家族办公室报告亚太篇显示,79% 参与直接投资、80% 将 AI 列为主要布局产业,均居全球之冠;26% 今年以来报酬逾 15%。

Citi: Asia-Pacific family offices lead in direct investing and AI

Citi's 2026 survey found 79% of APAC family offices invest directly and 80% name AI a primary sector focus, both the highest globally; 26% report YTD returns above 15%.

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TMF Group / PR Newswire2026-09-24

TMF Group:家办转向多司法管辖区布局,新加坡、香港受瞩目

仅 31% 家办以接近投资资产为选址首要考量,政治与经济稳定各占 23%;多数家办不再整体迁移,而是随业务扩张增设据点,新加坡与香港皆为区域枢纽。

TMF Group: family offices rethink how they choose jurisdictions

Only 31% of family offices pick a jurisdiction mainly for proximity to assets, with political and economic stability at 23% each; most now add jurisdictions rather than relocate, with Singapore and Hong Kong as key hubs.

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Bloomberg2026-09-25

凯雷延揽两位高阶主管,扩大家族办公室业务

凯雷延揽 David Seeberan 出任全球家族办公室部门主管、前贝莱德的 Victoria Matthews 负责欧洲与亚洲,呼应其 2028 年前向高资产客群募集逾 2,000 亿美元的目标。

Carlyle hires two executives to lead its family office business

Carlyle named David Seeberan global head of its family office group and ex-BlackRock Victoria Matthews to lead Europe and Asia, supporting its goal of raising $200B+ from private wealth by 2028.

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Family Wealth Report2026-09-29

RBC与Campden北美家办报告:流动性受困、家族与非家族高管薪酬落差扩大

RBC与Campden Wealth调查155家北美家办:近半私募基金投资人未能如期退出;非家族CEO年薪72.1万美元,远高于家族CEO的46万美元,凸显流动性与人才定价成治理焦点。

RBC–Campden North America Family Office Report flags liquidity squeeze and pay gap

RBC and Campden Wealth's survey of 155 North American family offices found nearly half of private-fund investors could not exit as planned, while non-family CEOs earn $721,000 versus $460,000 for family CEOs, putting liquidity and talent pricing at the center of family office governance.

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Asian Private Banker2026-09-24

新加坡MAS单一家办新框架上路,联合家办执行长:外部资产管理机构被推向2,000万星元以下市场

管理约14亿美元的Rockstead Capital执行长Lester Tay指出,MAS简化单一家办设立的新框架有利私人银行,恐将精品型外部资产管理机构挤向2,000万星元以下客群。

MAS SFO framework tilts field to private banks, pushing EAMs to sub-S$20m market, says MFO chief

The CEO of Rockstead Capital, a multi-family office with about US$1.4bn in assets, said requirements in MAS's streamlined single-family office framework favour private banks and could push boutique external asset managers toward families with under S$20m.

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经济日报2026-09-30

家族传承服务 成国银竞争下个战场

AI产业链带动企业主财富扩张,公股银行转攻亿元级高资产客群;兆丰银高资产客户达2,232户、年增19%,管理资产逾2,640亿元、年增25%,并以“投资、融资、传承”为主轴,家族传承成财管新战场。

Family succession services become Taiwan state-run banks' next battleground

With AI supply-chain wealth swelling, Taiwan's state-run banks are chasing ultra-wealthy clients; Mega Bank's high-net-worth clients rose 19% to 2,232 with AUM above NT$264bn (+25%), as it builds around investment, financing and succession.

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Yahoo Finance (PR Newswire)2026-09-29

Northwestern Mutual推出家族办公室服务,锁定净资产5,000万美元以上客群

美国Northwestern Mutual推出整合法律、税务、投资、慈善与传承规划的家族办公室服务,门槛为净资产5,000万美元,由40余名内部专家支援顾问;反映大型金融机构加速将家办能力产品化。

Northwestern Mutual launches Family Office Services for $50m-plus clients

Northwestern Mutual rolled out Family Office Services combining legal, tax, investment, philanthropy and legacy planning for clients worth at least $50m, backed by 40-plus in-house specialists, as large firms productise family office capabilities.

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Summit Partners2026-09-30

Wealth Enhancement并购RWA Wealth Partners,强化超高资产家族办公室服务

Wealth Enhancement将收购客户资产约224.6亿美元的RWA Wealth Partners,合并后逾1,871亿美元,藉其信托、遗产规划与家族治理能力补强超高资产客群服务。

Wealth Enhancement to acquire RWA Wealth Partners, bolstering UHNW family office offering

Wealth Enhancement agreed to buy Boston-based RWA Wealth Partners, with about $22.46bn in client assets, lifting combined assets above $187.1bn and adding trust, estate and family governance expertise for its $25m-plus client tier.

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Family Wealth Report2026-09-24

Americana Partners成立联合家族办公室业务

管理资产121亿美元的Americana Partners成立联合家族办公室部门,整合今年收购的NRT Consulting会计能力,服务美国与拉美超高资产家族的跨世代规划需求。

Americana Partners launches multi-family office business

Americana Partners, with $12.1bn in assets, launched a multi-family office unit led by Matt Celenza, folding in accounting capabilities from its 2026 NRT Consulting acquisition to serve US and Latin American UHNW families needing coordinated multigenerational planning.

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