HongShan's $25B fund fuels startup innovation in China
HongShan Capital, formerly Sequoia Capital China, closed a $2.5 billion fund backed by Hangzhou's government and insurers; founder Neil Shen has also invested in startups Zhipu and Moonshot.
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Every investor coverage indicates participated in a round Meituan raised.
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HongShan Capital, formerly Sequoia Capital China, closed a $2.5 billion fund backed by Hangzhou's government and insurers; founder Neil Shen has also invested in startups Zhipu and Moonshot.
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