ByteDance and Ant Group helped the venture fund, managed by DeePhi founder Yao Song, reach a $30.9m close.
Yao Song, co-founder of China-based camera producer DeePhi Technology, has set up a venture capital fund with commitments from VC peers and corporations, DealStreetAsia has reported.
SEE Fund has raised RMB200m ($30.9m) from limited partners digital media company ByteDance, financial services provider Ant Group and Tsinghua Holdings, the asset management arm of Tsinghua University.
Industrial park Zhongguancun Science City Science & Technology Scientist fund of funds made up the LPs together with Sequoia Capital China, Hillhouse Capital, Matrix Partners China,…
