NIO Capital Secures US$400 Million For Second USD Fund
NIO Capital, a venture investment fund backed by Chinese electric car maker NIO, announced today that it has closed the…
Fundraising
GGV Capital Raises $2.52Billion And RMB3.4 Billion For New Funds
GGV Capital announces the completion of the fundraising of US$2.52 billion for a USD fund and the near completion of…
Chinese Venture Firm Dayone Capital Raises $600 Million For Debut Fund
Dayone Capital, a newly established venture fund focused on opportunities in the new consumer sector, recently completed the first phase…
Qiming Venture Raises $1.2 Billion For Fund VII
Qiming Venture Partners today announced the final closing of Qiming Venture Partners Fund VII, a US$1.2 billion fund focuses on…
Chinese VC Gao Rong Capital Raises RMB10 Billion In New Funds
Chinese venture firm Gao Rong Capital has completed a new phase of fundraising of USD and RMB funds. The total…
Investment Fund Focused On Scientific Conversion Launches In Beijing
An investment fund focused on scientific research commercialization called Zhongguancun Zhiyou Scientist Fund has been established in Beijing. The fund…
Source Code Capital Closes RMB3.8 Billion RMB Fund
Source Code Capital recently completed the fundraising of the fourth RMB fund, with a raised scale of RMB 3.8 billion.…
China Creation Ventures Completes Raising $300 Million New Dollar Fund
China Creation Ventures (CCV) officially announced today that its new US dollar fund has completed closing, raising US$300 million and…
Linear Capital Closes $200M US Dollar Fund
Linear Capital officially closed its US dollar IV fund, with 20% intended over-subscription. The amount of the the USD IV…
Former Qiming Investors Close RMB500 Million Debut Fund
After leaving Qiming Venture Partners, investors Zhang Yong and Yin Ming have established Inspiration Capital. The new fund recently completed…
China Renaissance Capital Closes $600M New USD Fund
China Renaissance Capital's private equity fund "Huaxing New Economy Fund" officially announced that it has completed the third phase of…
Chinese Color Contact Lens Startup 4iNLOOK Secures New Round
Chinese color contact Lens brand 4iNLOOK recently announced that it has completed two rounds of financing in the past year.…
Former Baidu Senior Vice President Xiang Hailong Sets Up New Fund With RMB200M
The Longzhong Xinyi Fund, founded by former Baidu senior vice president Xiang Hailong, has raised an initial RMB200 million first…
China’s Ant Financial To Raise $1B Startup Investment Fund In Southeast Asia, India
Ant Financial, the fintech affiliate of Chinese e-commerce giant Alibaba Group, is planning to raise about US$1 billion for a…
Y Combinator Shutters China Arm, Qi Lu Sets Up New Fund MiraclePlus
The world-renowned venture capital and start-up accelerator Y Combinator (YC) will stop the operation of its Chinese branch YC China,…
China’s Eastern Bell Capital Closes Debut USD Fund At $365M For Supply Chain Investments
Chinese supply chain-focused investment firm Eastern Bell Capital has raised US$365 million for its debut USD-denominated fund, according to a…
JP Gan’s Ince Capital Partners Closes Debut China Fund At Over $350M
Ince Capital Partners, a venture capital firm co-founded by Qiming Venture Partners’ former managing partner JP Gan, announced on Wednesday…
Vertex Ventures China Closes Over $560M New US Fund For Tech, Consumer Investments
Vertex Ventures China, a venture capital firm that invests in high-growth innovative start-ups across mainland China, raised nearly RMB4 billion…
China’s Healthcare-Focused Lyfe Capital Gets $25M From US Pension Fund SFERS
American public pension fund San Francisco Employees’ Retirement System (SFERS) has committed to invest US$25 million to the third fund…
China’s Green Pine Capital Partners Launches $140M New Fund
Shenzhen-based venture capital firm Green Pine Capital Partners (GPCP) has launched a new fund at RMB1 billion (US$140.53 million) to…
More Signs That China’s Massive Government Guidance Fund Bubble Has Burst
A public disclosure issued by the Shenzhen government two days ago to calm the nerves of Chinese venture capital funds…
Vertex Ventures Closes $305M Southeast Asia And India Fund
Vertex Ventures Southeast Asia and India has completed the final close of its newest fund at US$305 million, the company…
Chinese Early-Stage VC Firm Sky9 Capital Raises Two Funds At $440M
Sky9 Capital, an early-stage venture capital firm specialized in internet, enterprise services and deep technology investments in China, announced on…
Ex-Baidu Investment Head-Led Xianghe Capital Closes Two Funds At $564M
Xianghe Capital, a principal investment firm founded by former executives at Baidu's investment team, has closed its second USD-denominated fund…
Chinese VC Firm Chuxin Capital Reaches First Close For Debut USD Fund At $50M
Chuxin Capital, a Beijing-based venture capital firm specialized in mobile internet investments, announced on Monday that the company has reached…
JP Gan’s Ince Capital Partners Garners $163.3M In First Close Of Debut China Fund
JP Gan, a former managing partner at Chinese venture capital firm Qiming Venture Partners, has raised US$163.3 million in fresh…
China’s 01 Venture Capital Closes Second USD Fund At $100M For Internet Investments
Chinese investment company 01 Venture Capital announced on Monday that it has raised US$100 million for the second USD-denominated fund,…
Venturous, Lioncrest Merge To Launch $200M China Smart City Fund
Venturous Group, a merger between Beijing-based investment company Venturous and Lioncrest Global, which specializes in serving high net-worth individuals and…
China’s Capital Nuts Closes Third RMB Fund At $43M For Tech, Consumer Investments
Capital Nuts, a Chinese venture capital firm specialized in technology and consumer investments, announced last Friday that it has closed…
Chinese VC Firm Fresh Capital Closes $77M RMB Fund For Consumer Sector
Fresh Capital, a Chinese venture capital firm focusing on the consumer sector, has raised RMB530 million (US$77.05 million) for a…
China Closes $29B ‘Big Fund II’ To Catch Up In Global Semiconductor Race – CSJ
The Chinese government has raised about RMB200 billion (US$29.08 billion) for the second China Integrated Circuit Industry Investment Fund to…