Sequoia Capital raises $2.35b for China-focused funds

Sequoia Capital raises $2.35b for China-focused funds

Beijing, China. Photo: Raj Eiamworakul/ Unsplash

Silicon Valley-based venture capital firm Sequoia Capital has raised a total of about $2.35 billion for two China-focused funds – Sequoia Capital China Growth Fund V and Sequoia Capital China Venture Fund VII, according to its latest SEC filings.