Qingsong Fund, backed by Tencent’s co-founder, has launched the latest fund with $129 million in committed capital while Arrail Dental has raised $90 million series D from Goldman Sachs and Hillhouse Capital.
Qingsong Fund III launched
Qingsong Fund, a Chinese early-stage venture capital fund, has announced its third vehicle with RMB850 million ($129 million) in committed capital to invest in entertainment, educational technology and artificial intelligence firms.