Global venture capital firm Sequoia Capital has reached a final close for its latest China-focused funds with USD2.35 billion in aggregate commitments. Sequoia Capital China Growth Fund V raised USD1.8 billion from 130 investors while Sequoia Capital China Venture Fund VII secured USD549.5 million from 128 investors. This latest fundraise follows the announcement in August 2019 of the final close of Sequoia’s sixth India-focused fund with USD695 million in commitments.