Matrix Partners China raises $1.2b for flagship venture fund

Matrix Partners China raises $1.2b for flagship venture fund

Shanghai, China. Photo: Pen Tsai/unsplash

Tech-focused Chinese venture capital firm Matrix Partners China has raised a total of $1.2 billion for its flagship venture investment vehicle, according to its latest filing with the US Securities and Exchange Commission.

The total amount raised for Matrix Partners China VI includes the capital commitment by the general partner and the 54 other investors backing the firm’s early-stage investments in the Chinese market.

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