China’s early stage investor Morningside Venture Capital has raised a combined fund of $593 million which will go towards two separate vehicles, according to a filing with the US Securities and Exchange Commission (SEC).
The firm has raised $395.5 million for its Evolution Fund I vehicle, which targets a total fund of $600 million. A separate filing filed on the same day shows the firm closing $197.8 million toward a $300 million opportunity fund, Evolution Special Opportunity Fund I.
