Friday, September 20, 2024
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Qiming Venture Partners: Closes RMB Fund VI at RMB 2.852 Billion

  • Chinese venture capital firm Qiming Venture Partners held the final close of its RMB Fund VI at RMB 2.852 billion
  • Currently, Qiming has $5.9 billion in assets under management, targeting early-and-growth-stage healthcare and TMT investments
  • Since inception in 2006, Qiming has invested in more than 380 companies, among which over 40 achieved unicorn status
  • They have exited investments in over 130 companies through IPO, M&A or other means
  • In 2020, the firm made over 70 investments and over 100 of existing portfolio companies completed new financing rounds
  • Qiming has offices in Shanghai, Beijing, Suzhou, Shenzhen, Hong Kong, Seattle, Boston and the San Francisco Bay Area

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