👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Qiming Venture seeks to raise $800m as AI demand grows
Qiming Venture Partners, an investor in companies like Meituan and Xiaomi, is seeking to raise US$800 million for its new fund, according to sources familiar with the situation.
The fund may have a cap of US$1 billion, though these plans are still preliminary and may change.
This fundraising effort coincides with a surge of interest in AI startups in China.
Founded in 2006, Qiming Venture Partners has raised a total of US$9.5 billion and has seen 12% of its approximately 580 portfolio companies go public.
Recent Qiming Venture Partners developments
| Timeline |
|---|
18-Feb-2025 🚀 Qiming’s managing partner steps down after 19 years
|
02-Jan-2024 ⚡ Qiming Venture Partners leads $22m round of Swap Energy
|
13-Feb-2023 🌍 Qiming Venture-backed greentech firm goes public via SPAC
|
11-Jul-2022 💰 Chinese VC firm Qiming raises $3.2b for its latest two funds
|
27-Jan-2021 🚀 Chinese VC firm Qiming raises $433m in final close of its yuan-denominated fund
|
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.