China's PE firm SummitView Capital partners Xuzhou City to launch $433m fund

China's PE firm SummitView Capital partners Xuzhou City to launch $433m fund

Shanghai night sky. Photo: Yiran Ding/unsplash

SummitView Capital, a Shanghai-based private equity firm that focuses on advanced manufacturing and tech industries, has partnered with Xuzhou City to launch a Rmb3 billion ($433 million) fund that will invest in sensors and Internet-of-Things (IoT) industries.

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