Sequoia Capital China raises $9B amid cooling tech sector

Sequoia Capital’s China affiliate has pulled in $9 billion in fresh capital to back the country’s tech companies across all stages, The Information first reported. The raise arrived at a time when global investors are reevaluating risks in China amid a COVID-hit economy and an ongoing regulatory crackdown on the country’s internet upstarts. The fresh … Continue reading Sequoia Capital China raises $9B amid cooling tech sector