NIO Capital, the investment arm of Chinese electric vehicle startup Nio Inc, has closed its debut USD-denominated fund at over $200 million to support early and middle-stage companies in the automobile, energy and logistics fields.
The new fund, dubbed “Eve ONE L.P.,” attracted capital injections from sovereign wealth funds, funds of funds (FOFs), multinational groups, family offices, overseas pension funds and insurance institutions, according to a recent company statement.
