China: Blue Lake Capital is raising $200m for second fund

U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration

Shanghai-based venture capital firm Blue Lake Capital, led by former Sequoia Capital and GGV Capital executives, is raising $200 million for its second early stage fund, according to a stock exchange filing.

The Blue Lake Capital Fund II was launched in March this year.

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