Qiming Venture Partners held the final closing of Qiming Venture Partners Fund VII, a $1.2 billion fund focused on early stage healthcare and TMT investments.
According to officials, this is the largest 2020 venture capital fund raise that focuses on China market investments, according to publicly available information.
The investors in the fund includes endowments, foundations, family offices and private pensions, as is the case with prior funds launched by Qiming. Qiming Venture Partners today also announced the first closing of RMB fund VI. The latest launches bring Qiming’s total number of funds . . .