Former Google China Head-Led Sinovation Ventures Closes Third RMB Fund At $361M June 5, 2019

Sinovation Ventures, one of China’s prominent funds which is helmed by former Google China head Kaifu Lee, announced on Wednesday that it has closed the third RMB-denominated fund at RMB2.5 billion (US$361.72 million). The new fund took the total capital managed by Sinovation Ventures to about RMB15 billion (US$2.17 billion), said Tina Tao Ning, president […]

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