SHANGHAI : China-focused venture capital (VC) firm INCE Capital said it had secured US$700 million in commitments for two dollar-denominated funds, indicating global investors were not entirely deterred by Beijing's regulatory crackdown on the tech sector. INCE's latest fundraising got strong support from global institutional investors, including Duke University, Carnegie Mellon University, University of Pittsburgh, and Kaiser Permanente, INCE said in a statement. One of the funds was oversubscribed and raised US$478 million, said INCE, which focuses on Chinese tech, Internet and consumer start-ups.