Beijing-based cleantech fund InnoVision Capital is aiming to close its $250 million third USD vehicle by the first quarter of 2023, said a senior executive at the firm.
InnoVision reached its first close at $90 million by the end of 2021, raising from a range of limited partners (LPs) including institutions like China’s CICC. It counts institutional investors, corporates, fund of funds, endowments and family offices across Asia, the US and the Middle East as its investors.