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Stock impact report

Qiming Venture Partners Raises $1.1 Billion Fund VII

Bilibili Inc. - American Depositary Shares (BILI) 
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm Check Earnings Report
Company Research Source: PR Newswire
SHANGHAI, BEIJING, HONG KONG and SHENZHEN, China, April 8, 2020 /PRNewswire/ -- Qiming Venture Partners today announced the closing of Qiming Venture Partners Fund VII, a new $1.1B fund focused on early stage Healthcare and TMT investments. Qiming is honored to have continued strong support from its long-term LP base again in Fund VII and delighted to welcome several new LPs to the Qiming family. As in prior funds, the vast majority of Qiming's capital comes from a prestigious group of endowments, foundations, family offices, and private pensions.Fund VII is led by Managing Partners Duane Kuang, Nisa Leung, William Hu, and Gary Rieschel, with investment and administrative teams based in Shanghai, Beijing, Shenzhen, and Hong Kong.  Qiming anticipates investing Fund VII in domain areas such as biopharma, medtech, diagnostics, health care services, information technology, artificial intelligence, enterprise services, consumer internet and e-commerce.   Since its inception in 2006, Qiming Show less Read more
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