Week In Review: Vivo Raises $600 Million In First Tranche Of China PE Fund
June 04, 2022 at 17:39 PM EDT
Vivo Capital held its first closing of a yuan-denominated private equity fund at $600 million, with a target of bringing the fund to $1.5 billion. Meanwhile, ProfoundBio closed a $70 million Series A+ financing round led by Sequoia China.
