Google’s former China chief founded Sinovation Ventures raises $674m in two new funds

Google’s former China chief founded Sinovation Ventures raises $674m in two new funds

Sinovation Ventures founder Kai Fu Lee. Photo: Bloomberg.

Sinovation Ventures, the venture capital firm founded by former Google Inc. executive Kai-Fu Lee, has raised more than $674 million for two new funds that will seek out investments in China and the U.S.

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