Lightspeed closes 4th fund of US$560 million to invest in China

Total committed capital under management is now $1.5 billion.


Wallace Ho 4 Jan, 2019

Lightspeed closes 4th fund of US$560 million to invest in China

Global investment company Lightspeed has closed it's fourth fund, totaling capital of US$560 million, focusing on China investments.

This includes Lightspeed China Partners IV (US$360 million) and Lightspeed China Partners Select I (US$200 million).

This is the largest round Lightspeed China has raised to date, raising the total committed capital to US$1.5 billion.

The funds will be focused on investing in both early-stage and growth stage tech companies in China.

Pinduoduo

In the past year and a half, several companies from the firm’s portfolio have completed successful IPOs, including Pinduoduo and Meituan Dianping.

Wallace HoAuthor

COO @ BEAMSTART

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