Beijing-based venture capital China Creation Ventures (CCV) announced that it has raised nearly US$200 million for its new fund to invest in early-stage companies in telecommunication, media and technology sectors in China. CCV said the capital was secured from institutional investors and family foundations. Since its inception in April 2017, CCV has raised a total of RMB3 billion (US$440 million) for its U.S. dollar and RMB denominated funds. CCV was founded by Wei Zhou, a former KPCB China managing partner, … China Creation Ventures Completes $200M Fund To Invest In Chinese TMT Sector appeared first on China Money Network.