China's ZhenFund files to raise $400m for seventh venture capital vehicle

China's ZhenFund files to raise $400m for seventh venture capital vehicle

Shanghai, China. Photo by Li Yang on Unsplash

ZhenFund, a Beijing-based, seed stage-focused venture fund backed by Sequoia Capital China, is looking to raise $400 million for its seventh venture capital vehicle, according to its filing with the US Securities and Exchange Commission.