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Lightspeed China Partners aims to raise US$560M through 2 venture capital funds

Lightspeed China Partners is looking to raise US$560 million in committed capital across two venture capital funds.

Lightspeed China Partners IV LP and Lightspeed China Partners Select I LP have fundraising targets of US$360 million and US$200 million, respectively.

The Chinese venture capital firm invests in early-stage companies in the mobile, internet, technology-enabled services and enterprise solutions markets.