Four Chinese venture capital firms that invest in Chinese technology start-ups secured $2.23 billion in total new funding in the last two weeks, more than double the $1.07 billion raised in the entire first quarter.
The $2.23 billion worth of capital secured by Shunwei Capital, IDG Capital Partners, Legend Capital and GGV Capital since May 22, in fact, surpasses all previous quarters going back to the fourth quarter of 2011, when Chinese venture firms at that time had raised $3.48 billion, fundraising data from Dow Jones VentureSource show.
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To read the original article: China IPO Buzz Sparks Surge In Venture Capital Fundraising - Venture Capital Dispatch - WSJ
