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Fundraising

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…

Microsoft, Apple Join SoftBank’s $108B Second Vision Fund To Double Down On AI

SoftBank Group Corp. announced on Friday that it has launched the sequel to its near US$100 billion Vision Fund, "SoftBank…

Addor Capital Sets Up $145M Fund For Start-Ups In Eastern China’s Nanjing City

Addor Capital, a venture capital firm backed by Chinese state-owned investment company Jiangsu Hi-Tech Investment Group, announced on Thursday that…

Chinese VC Firm XVC Closes $330M For Oversubscribed Second USD Fund

Chinese venture capital firm XVC Venture Capital announced on Tuesday that it has raised about US$330 million for its second…

SoftBank Reaches First Close Of New Fund At $270M For Early-Stage Asian Start-Ups

SoftBank Group Corp. announced on Friday that its Seoul-based venture capital unit, SoftBank Ventures Asia, has reached the first closing…

Chinese VC Firm Plum Ventures Closes $77M Fifth Fund For New Economy Start-Ups

Chinese investment firm Plum Ventures announced on Thursday that it has raised RMB532.5 million (US$77.49 million) for its fifth angel…

Chinese VC Firm XVC Venture Capital Seeks To Raise $265M For Second Fund

Chinese venture capital firm XVC Venture Capital is seeking to raise US$265 million for its second venture capital fund, "XVC…

Former Baidu Executive-Led Crystal Stream Nets Hundred Millions Yuan For RMB Fund

Crystal Stream, a Chinese venture capital firm that specializes in technology, media and telecommunication (TMT) investments, announced on Friday that…

Chinese VC Firm Gobi Partners Launches $10 Micro-Fund For Malaysian Start-Ups

Chinese venture capital firm Gobi Partners announced this week that it has launched an early-stage fund "SuperSeed Fund II" with…

Cathay Innovation Nets $359M For Second Fund To Back China, Europe And US Start-Ups

Cathay Innovation, a global venture capital fund created in affiliation with Cathay Capital Private Equity, announced on Tuesday that it…

HSBC Launches $880M Technology Fund To Nurture Start-Ups In China’s Greater Bay Area

HSBC announced on Tuesday that it is launching a US$880 million technology fund focused on China's Greater Bay Area, with…

Chinese VC Firm Aqua Ventures Manages $144M After Final Close Of Second RMB Fund

Chinese early-stage venture capital firm Aqua Ventures announced last week that it has reached the final close of the oversubscribed…

China’s Everbright, Huazhu Group Jointly Launch New Residential Real Estate Fund

Chinese multi-brand hotel group Huazhu Group announced on Thursday that it has joined hands with Everbright Ashmore Investment (EBA Investment),…

Chinese Local Government Joins Forces With VC Firm To Back New AI Industry Fund

An industry investment fund specialized in the new generation artificial intelligence (AI) technology was debuted in eastern China's port city…

Chinese Local Govt Teams Up With Insurer Taikang To Raise $2.97B For Healthcare Fund

The local government in central China's Wuhan city has teamed up with Chinese insurance and financial service firm Taikang Insurance…

Chinese VC Firm Source Code Capital Raises $570M To Finance New Economy Start-Ups

Chinese venture capital firm Source Code Capital has raised US$570 million fresh funds to finance early-to-middle-stage new economy companies, said…

US Investment Firm Moonrise Capital Hits First Close Of Debut China Fund At $105M

American investment firm Moonrise Capital has reached the first closing of its debut China-focused venture capital fund "Moonrise China Partners…