Fundraisers

Cowin Capital raises $609m

The Chinese investment firm has closed its venture capital fund.

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Fund name: Tongfu Innovation Industrial Investment Fund
Amount raised: 4 billion yuan
Target size: 5 billion yuan
Stage of fundraising: Final close
Final close date: November 2020

Cowin Capital has held a final close on Tongfu Innovation Industrial Investment Fund on 4 billion yuan ($609.7 million; €482.9 million). Capital raised by the fund will be used to invest in the industrial sector in China.