China's Linear Capital raises $500m for two new funds in just five weeks

Source: Linear Capital

Linear Capital, a Chinese investment firm that focuses on data and frontier technology startups, has closed two new funds in just five weeks with $500 million in total capital commitments.

Linear Capital, an early investor of auto chip startup Horizon Robotics and content marketing platform Tezign, raised the capital for its USD Fund V and Opportunity Fund II, the firm’s CEO and founder Harry Wang wrote in a letter to shareholders on Wednesday.

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