Panlin raises $148m for China VC fund
Shanghai-based venture capital firm Panlin Capital has raised RMB1 billion ($148 million) in its latest early-stage fund having spent about 16 months in the market.
The vehicle, known as the Science and Technology Innovation Fund, attracted LP commitments from government guidance funds, fund-of-funds, listed companies, and entrepreneurs. This is Panlin's 12th fund...
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