Sequoia Capital China Secures $9 Billion to Fund Chinese Technology Startups
source link: https://nextbigwhat.com/sequoia-capital-china-secures-9-billion-to-fund-chinese-technology-startups/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups.
Sequoia China has also backed a number of crypto and blockchain-related firms, including the troubled Asian crypto lender Babel Finance, which halted withdrawals in mid-June amid the ongoing crypto lending crisis.
[Via]
Recommend
-
5
The Sequoia Fund: Patient Capital for Building Enduring CompaniesBy Roelof Botha
-
5
Sequoia Productive Capital Posted onWednesday, October 27, 2021Wednesday, October 27, 2021 Two weeks ago, in The Death...
-
3
Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startupsManish SinghSun, April 17, 2022, 9:44 PM·3 min readSequoia Capital India, one of...
-
4
Athelas announces $3.7m funding led by Sequoia CapitalSAN FRANCISCO, CA — YCombinator alum Athelas, a deep learning based biotech company, is unveiling a ra...
-
6
-
8
Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M roundS&P Futures
-
2
Sequoia Capital backed EV maker Leapmotor obtains approval for Hong Kong IPO Sequoia Capital backed EV maker Leapmotor obtains approval for Hong Kong IPO 13 hours ago Chinese electric vehicle m...
-
6
Our Series AToday we’re announcing the general availability of JITX and that we raised a $12M Series A round, led by Sequoia Capital, with participation from Y Combinator, Funders Club a...
-
4
Tech‘We’re going to dream a little less’: Sequoia’s Doug Leone on fallout from FTX’s...
-
6
Walmart targets 65% of stores to be automation-serviced by 2026
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK