Qiming Venture Partners hits final close of latest USD fund at $1.1b

Qiming Venture Partners hits final close of latest USD fund at $1.1b

Shanghai, China. Photo: Pen Tsai/unsplash

Chinese global venture capital firm Qiming Venture Partners on Thursday announced the closing of its dollar-denominated Qiming Venture Partners Fund VII at an aggregate of $1.1 billion. The USD fund will back early-stage investments in healthcare and TMT (technology, media, telecom) sectors.

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