
China's Inspiration Capital closes Fund II on $82m

Inspiration Capital, a spinout from Qiming Venture Partners, has raised CNY 600m (USD 82m) for its second renminbi-denominated fund focused on cleantech and advanced manufacturing investments in China.
Inspiration was set up in 2020 and raised CNY 500m for its debut fund in the same year. The largest LP, Hailang Group, a metals and agriculture-focused conglomerate with five listed subsidiaries, returned...
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