China-focused Unicorn Capital Partners closes third fund at $250m

Photo by Kevin Lee/Bloomberg News

Unicorn Capital Partners, a China-focused venture capital firm, has announced the closing of its third fund, Unicorn Partners Fund II, after hitting its hard cap of $250 million.

In a statement, Unicorn Capital Partners said the fund, which was oversubscribed, will invest in the areas of technology, media, and entertainment (TME), and healthcare throughout China, in line with its two predecessor funds.

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