Saturday, 11 April, 2026
China's Sequoia Capital raises $9B amid cooling tech sector
By Basit Ansari
<p>The China-based unit of Sequoia Capital has raised $9 billion in new funding to support the nation's innovation startups at all stages. The raise came as international investors were reviewing China's risks in light of the country's economy being damaged by COVID and ongoing regulatory pressure on the nation's online start-ups. Pensions, endowment funds, and family offices from the United States, Europe, the Middle East, and Southeast Asia provided the new capital.</p>
Read full story at Yahoo Finance
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