Qiming Launches $500 Million Fund to Invest in Listed Healthcare Companies
publication date: Jul 22, 2021
Qiming, a prominent China-based venture capital firm, has raised more than $500 million to invest in shares of listed healthcare companies. The Springhill Fund, as it is called, will have an initial regional focus on Greater China and Asia. It marks a departure for Qiming, a technology investor with a strong presence in young healthcare companies, which says that 70% of its investments are in early stage A or B financings. The fund will be long biased with concentrated long-term holdings and will invest across various healthcare sub-sectors, according to a person with knowledge of the fund. More details....
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