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5Y Capital Plans to Raise $600 Million for New Growth Fund

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Venture capital firm 5Y Capital (五源资本) is seeking to raise approximately $600 million for a new fund, with fundraising expected to begin later this year and conclude by early 2027. The firm is known for early investments in Chinese tech companies such as Moonshot AI (月之暗面) and Xiaomi (小米).

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Summaries are written by AI from the original article. Not investment advice.

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