CEBU, Philippines -- Sinovation Ventures, the Chinese venture capital firm founded by former Google executive Kai-Fu Lee, has filed with the U.S. Securities and Exchange Commission to raise $500 million for its fifth flagship venture vehicle.
Sinovation Ventures to expand investment on AI, big data
Venture capital specialist Sinovation Ventures was founded by former Google executive Kai-Fu Lee. © Reuters
CEBU, Philippines -- Sinovation Ventures, the Chinese venture capital firm founded by former Google executive Kai-Fu Lee, has filed with the U.S. Securities and Exchange Commission to raise $500 million for its fifth flagship venture vehicle.