https://techcrunch.com/2022/07/05/sequoia-capital-china-raises-9b-amid-cooling-tech-sector-reports/

Sequoia Capital’s China arm has pulled in $9 billion in fresh capital to back the country’s startups, The Information first reported.

The raise came at a time when global investors are reevaluating risks in China amid a COVID-hit economy and an ongoing regulatory crackdown on the country’s internet upstarts.