Sequoia Capital Raises US$2.5 Billion for Latest China Funds (Asia)

Source(s): Asian Venture Capital Journal | Author(s): Tim Burroughs

Global venture capital firm Sequoia Capital has reached final closes for its latest China-focused funds with US$2.5 billion in aggregate capital commitments. Sequoia raised US$1.8 billion for Sequoia Capital China Growth Fund V, US$550 million for Sequoia Capital China Venture Fund VII and US$150 million for Sequoia Capital China Seed Fund I.