Vitalbridge raises $275m

The Shanghai-based firm has closed its second USD fund.

Fund name: Vitalbridge Fund II
Amount raised: $275 million
Target size: $250 million
Stage of fundraising: Final close
Final close date: October 2021
Time on the road: Six months
Predecessor fund: Vitalbridge Fund I ($150 million)

Vitalbridge has announced the final close on its Vitalbridge Fund II on $275 million, surpassing its $250 million target. The capital raised will be invested in the TMT and healthcare sectors in China.