China-focused venture capital firm Qiming Venture Partners has reached a final close for its fourth RMB fund with CNY1.5 billion (approximately US$222 million) in capital commitments. Investors in the fund include CDB Capital, Oriza Holdings, Gopher Asset Management, Pingan Wealth and high net worth individuals. Qiming Venture Partners targets opportunities in the technology, media, consumer, health care and clean energy sectors.