- Fund name: Qiming Venture Partners Fund VII
- Amount raised: $1.1 billion
- Target size: $1.1 billion
- Stage of fundraising: Final close
- Predecessor fund: Qiming Venture USD Fund VI ($935 million)
Qiming Venture Partners has held a final close on Qiming Venture Partners Fund VII on $1.1 billion. The vehicle will continue its predecessor’s strategy in targeting early stage healthcare and technology, media and telecommunications investments in China.