Qiming Venture Partners has completed the fundraising for its seventh RMB fund, with a scale of 6.5 billion yuan
ChainCatcher news, Qiming Venture Partners announced the completion of the fundraising for its seventh RMB fund, with a scale of 6.5 billion yuan. The fund will continue to invest in outstanding early and growth-stage projects in the technology, consumer, and healthcare sectors. With this, Qiming Venture Partners' total assets under management have reached 9.5 billion USD, managing 11 USD funds and 7 RMB funds. It is understood that Qiming Venture Partners started this RMB fund in mid-2021, completed the first closing in 2022, and the final closing in 2023.
Qiming Venture Partners has previously invested in several Web3 projects, including the NFT data analysis platform NFTGo, the metaverse social platform BUD, the DeFi infrastructure IncrementFi on the Flow blockchain, the Web3 data infrastructure BlockVisio, and the blockchain infrastructure service provider InfStones. (Source link)