Meet the venture capital firm that's betting big on China and raising significant U.S. institutional money in the process.
Gary Rieschel, founding managing partner of Qiming Venture Partners. Credit: Bryan van der Beek/Bloomberg via Getty Images
With China's top economic officials signaling more support for its economy and financial markets, investors are wondering whether the bruising crackdown on China's tech sector might finally be subsiding. Qiming Venture Partners is one top venture capital firm betting it is.
The Wire can confirm that Qiming recently raised $2.4 billion from U.S. institutional investors for its new U.S. dollar fund, Qiming Venture Partners Fund VIII. That figure significantly exceeds the $1.8 billion that
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy