United Media commits to $305m Meridian Capital China fund

May 17, 2016 • Robert Lavine

TMT-focused venture capital firm Meridian Capital China plans has secured Shanghai United Media Group as an anchor investor for its fifth fund.

China-based venture capital firm Meridian Capital China has set a RMB2bn ($305m) target for its fifth fund, which includes broadcaster Shanghai United Media Group as an anchor investor, China Money Network reported yesterday.

Oriza Holdings, the venture capital arm of Suzhou Industrial Park, is also an anchor investor in the fund, as is Gopher Asset Management, a subsidiary of wealth management firm Noah Holdings, according to local media reports.

Founded in 2008, Meridian Capital focuses on technology, media and telecommunications…

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