China's Qiming in talks with US investors to raise over $1.2b for new fund: Report

China's Qiming in talks with US investors to raise over $1.2b for new fund: Report

Shanghai, China. Photo by Liam Li on Unsplash

Qiming Venture Partners, a venture capital (VC) firm that has backed some of China’s biggest tech companies like smartphone maker Xiaomi, is reportedly in talks with US institutional investors in an attempt to raise over $1.2 billion for a new fund.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter