Former Kleiner Partner Is Said to Seek $250 Million in Funding
- CCV is founded by former KPCB China partner Zhou Wei
- Zhou has backed JD, Ximalaya, Creditease as an investor
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China Creation Ventures, an investment outfit founded by former Kleiner Perkins Caufield & Byers partner Zhou Wei, is seeking to raise about $250 million in funding, according to people familiar with the matter.
CCV, which was founded in 2017, is planning to raise a second U.S.-dollar fund to focus on early-stage Chinese startups, the people said, requesting not to be named because the matter is private. Yu Yi, a spokeswoman for CCV, declined to comment in a text statement.