Qiming Venture Partners Closes US$500 Million China-focused Venture Capital Fund (Asia)

Source: Greater China Private Equity Review | Author(s): Raymond Tan

Venture capital firm Qiming Venture Partners has closed its fourth USD-denominated venture capital fund with US$500 million in capital commitments. The fund, which was oversubscribed, will focus on early- to growth-stage investments in the internet and consumer, healthcare, information technology and cleantech sectors in China.