Kingsoft, Xiaomi To Launch $33M Intellectual Property Fund

Login to View

Beijing-based Chinese security software firm Kingsoft Corporation Limited says it plans to establish a RMB200 million (US$33 million) fund to invest in intellectual properties in China, according to a regulatory filing.

The fund will be jointly established by a subsidiary of Kingsoft, a subsidiary of Chinese smartphone maker Xiaomi Inc., and another entity connected with Xiaomi’s founder, Lei Jun.

Lei Jun is also the co-founder and chairman of the board of Kingsoft.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info

Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in