San Francisco – July 11, 2022 –Cooley advised Qiming Venture Partners, a leading venture capital firm in China, on the closing of its oversubscribed Qiming Venture Partners Fund VIII with $2.5 billion in committed capital. Lawyers Jordan Silber, Jingyi Xu, Qi Wang, Sheryl Dai and Hongbo Robert Bao led the Cooley team advising Qiming Venture Partners.
Founded in 2006, Qiming Venture Partners manages 11 US dollar funds and seven Renminbi funds, with $9.4 billion in total capital raised. Since its establishment, Qiming Venture Partners has invested in outstanding companies in the technology, consumer and healthcare industries at the early and growth stages. More than 180 of Qiming Venture Partners' portfolio companies have achieved exit through IPO, M&A or other means, and 70+ of the firm's portfolio companies have reached unicorn status.