Sequoia China, the affiliate of Sequoia Capital, has reportedly raised $9 billion in capital commitments.
Thought to be historic in scale, the fund is set to invest in China technology companies. Last month, Sequoia China took part in a $10 million first round of funding in Timecho, which was founded by the creators of Apache IoTDB. Timecho is an IoT-native time series database.
Over the past 17 years, Sequoia China has focused on three sectors — technology, consumer and healthcare. They have worked with more than 900 companies in China over that time.
The capital was raised across four funds, according to regulatory filings. They are Sequoia Capital China Expansion Fund I; Sequoia Capital China Seed Fund III; Sequoia Capital China Venture Fund IX; and Sequoia Capital China Growth Fund VII.