Ignition launches new China VC fund with $200MM

Ignition apparently has effortlessly completed its fund raising efforts for a new China VC fund called Qiming with Gary Rieschel (Mobius) and Duang Kang (Intel Capital China). Original expectations were for a $150 million fund, but the fund size will come in at $200 million. The aim of the fund is to invest in early stage through expansion capital, and expects to invest primarily in Internet, wireless, semiconductor and software.

http://bubbler.net/5A-notes/521601/740738/