May 19, 2011 -- The market for successful China VC funds is hot. The proof? Qiming Ventures raised $450 million for its latest fund – not particularly surprising in itself– but the firm needed just 10 days to top out its third fund, a $450 million initiative. That was $130 million more than the previous one. There’s no mystery about the reason for the company’s success: exits from the first and second funds are both numerous and profitable. More details....
