Lightspeed China raises $920M for new funds, adds five partners – TechCrunch Mehra Media News


Source: mehramedia.com mehramedia.com

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Lightspeed China Partners, the China-focused car of Lightspeed Venture Partners, stated Tuesday it has closed the most important fundraising rounds in its historical past. The new injection got here beneath three years after its final elevate in early 2019. The capital went in direction of two funds: Lightspeed China Partners V with $460 million for early-stage startups and Lightspeed China Partners Select II with $460 million for growth-stage alternatives. Both shall be searching for investments in inexperienced tech, deep tech, enterprise tech, well being tech and client tech, the agency stated. Lightspeed Venture Partners, rooted in Silicon Valley, began in...