- Fund name: CICC Qide Xiamen Innovative Biomedical Fund
- Amount raised: CNY1.6 billion
- Target size: CNY1.5 billion
- Stage of fundraising: First close
CICC Capital has held a first close on CICC Qide Xiamen Innovative Biomedical Fund at CNY1.6 billion. The vehicle will target the biological medicine, biotech and life science industries across the Asia-Pacific region.