Xiang He Capital, the China TMT focused venture capital firm founded by former Baidu executives Mr. Hesong Tang and Ms. Maggie Yang, has recently closed its second USD-denominated venture fund at the increased hard cap of $425 million. The Fund was well oversubscribed, exceeding the $350 million target and with demand beyond the hard cap. LP support came from existing and new … [Read more...] about Xiang He Capital closes second US dollar venture fund at $425 million