TechFlow News — Qiming Venture Partners has successfully raised its seventh RMB fund, with a total size of 6.5 billion yuan. The fund will continue to focus on early and growth-stage high-potential projects in the technology & consumer sectors and healthcare.
The doubling of fundraising scale reflects both market opportunities and strengthened internal organizational capabilities. Additionally, the fund achieved strong LP support, with 70% of existing limited partners reinvesting—evidence of Qiming’s ability to navigate economic cycles. Over the past two years, Qiming has demonstrated outstanding performance in investment and exits, making as many as 90 investments and achieving 41 IPOs across various sectors, showcasing its robust investment capabilities.
According to sources, Qiming’s current RMB fund began fundraising in mid-2021, held its first close in 2022, and completed final close in 2023.
Qiming Venture Partners has previously invested in multiple Web3 projects, including NFT data analytics platform NFTGo, metaverse social platform BUD, DeFi infrastructure IncrementFi on Flow, Web3 data infrastructure BlockVisio, and blockchain infrastructure provider InfStones.
