$448,000,000
LC Fund VII, L.P. is the 7th USD-denominated flagship fund launched and managed by Legend Capital Management Limited. The Fund will mainly focus on early-stage and growth-stage venture capital opportunities in areas of telecommunications, media and technology (TMT), innovative consumption, professional services or intelligent manufacturing. Legend Capital is one of the leaders in China’s venture capital industry. Since its inception in April 2001, Legend Capital has managed, and/or continues to manage, mainly six USD-denominated funds with a total size of over US$1.6 billion that focus on early and growth-stage investments, and three RMB funds with a total size of RMB8 billion that focus on growth-stage investments.