China-Based Panacea Venture Hits Final Close For New Healthcare Fund At $180.5M

Panacea Venture, a China-based venture capital firm backed by former partners of Kleiner Perkins Caufield & Byers China (KPCB China), has reached the final close of a new healthcare-focused fund "Panacea Venture Healthcare Fund I" with US$180.5 million in capital commitments.

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