Arctic Light Venture announces completion of third phase of dollar fund raise

Sina Science and technology news on the evening of October 18, the Northern Lights venture announced today, has successfully completed the third phase of the United States dollar Fund "Northern Lights venture capital three fund" ("Northern Lights to invest in the United States dollar Three") and the third renminbi fund "the Suzhou wo source Northern Lights Venture capital Fund" (referred to as "Suzhou wo source Northern Lights") of the Raise.　　The Arctic's $ Three trillion dollar has been pledged to invest 400 million dollars, the major investment institutions are the top investors in the US, Europe and Asia; the Yuan Fund of the Northern lights of Suzhou wo Yuan has already completed the collection of RMB 630 million, the main investment institutions from the government background of the parent fund, professional investment institutions and other experienced individual investors.　　After the two new funds raised, the Northern Lights venture capital Management scale has reached 1 billion U.S. dollars. Founded in 2005, Polaris is a leading venture capital company focused on early and growing opportunities in the country.　　The newly-recruited Arctic light investment three dollar fund and the Suzhou wo source Northern Lights RMB Fund, will continue to focus on information technology, consumer services, clean technology industry, advanced manufacturing and health sector investment opportunities. Through the previous two dollar funds and two renminbi funds, the Northern Lights venture has completed the domestic investment of more than 60 companies. The investment portfolio of the Arctic Light ventures include communications, hanting hotels, happy Net (micro-blog), the Victoria Complex (Weibo) and so on. Share to: