
Matrix China raises $750m for Fund VI

Matrix Partners China has raised $750 million for its sixth venture capital fund for deployment in early-stage opportunities across the internet and mobile internet, financial services, healthcare, and enterprises services spaces.
The fund received commitments from 48 investors, according to a regulatory filing. The total is the same as for Matrix’s fifth vehicle, which closed in mid-2018. However, several months later, a sidecar...
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