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Sinovation Ventures nets US$500 mn in fund drive

Sinovation Ventures, a Chinese tech-savvy investment firm, said it has completed fundraising for the USD Venture Capital Fund, drawing in US$500 million in the fourth batch, The Paper reported. Following this round of fundraising, Sinovation Ventures now manages six funds with a total asset scale of 11 billion yuan. It is reported that except for […]

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