China's Shunwei Capital targets $1.2b for two new funds

China's Shunwei Capital targets $1.2b for two new funds

Xiaomi co-founder and CEO Lei Jun (pictured here) co-founded Shunwei Capital, along with Tuck Lye Koh. Photographer: Giulia Marchi/Bloomberg

Venture capital firm Shunwei Capital is aiming to raise a total of $1.2 billion for two separate funds, according to recent SEC filings.

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