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XIAOMI-W's Early Investor Qiming Venture Partners Seeks US$800M in Funding
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Qiming Venture Partners, an early investor in MEITUAN-W (03690.HK) and XIAOMI-W (01810.HK), is raising about US$800 million to capitalize on a new wave of investment opportunities in Chinese AI start-ups, Bloomberg quoted sources as saying. It is reported that the company's fundraising is capped at US$1 billion, and the plan is still in the preliminary stage and may be subject to change. While DeepSeek, a Chinese AI model, has attracted investor interest, many US pension funds remain wait-and-see and have yet to commit significant capital to China. AAStocks Financial News |
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