Market Chatter: Chinese Venture Capitalist Monolith Raises $289 Million in Funding Round

MT Newswires Live

Aug 05

Chinese venture capital fund Monolith Management raised $289 million in a fundraising round to back more tech startups, Bloomberg reported Wednesday, citing people familiar with the deal.

Monolith surpassed its $265 million fundraising target, the report said.

The fund's portfolio includes artificial intelligence startup MoonShot AI.

Monolith was not immediately available for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEVC","symbol_name":"PACER PE/VC ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657514347","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657514347","pubTimestamp":1785919147,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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