Sheryl Dai

Cooley advised Qiming Venture Partners, a leading venture capital firm in China, on the closing of its oversubscribed Qiming Venture Partners Fund VIII with $2.5 billion in committed capital. Lawyers Jordan Silber, Jingyi Xu, Qi Wang, Sheryl Dai and Hongbo Robert Bao led the Cooley team advising Qiming Venture Partners.

Shanghai – March 25, 2022 – Cooley advised NIO Capital, a leading Chinese investment firm focused on decarbonization and digitalization, on the approximately $400 million closing of its flagship fund, Eve ONE Fund II. Lawyers Pang Lee, Jingyi Xu, Joyce Wang and Sheryl Dai led the Cooley team advising NIO Capital.

Cooley advised Lightspeed China Partners on the closing of Lightspeed China Partners V and Lightspeed China Partners Select II at $460 million each, marking the largest fundraising rounds in Lightspeed China Partners’ history. Cooley partners Jordan Silber and Jingyi Xu led the Cooley team advising Lightspeed China Partners on the closings.

Cooley advised Source Code Capital, a leading Chinese venture capital firm, on the closing of its $1 billion fund, which received backing from both new and old investors. Partners Xun Zeng and Jingyi Xu led the Cooley team advising Source Code Capital.

Cooley advised Gaorong Capital on the oversubscribed closing of its fifth flagship US dollar fund at $1.15 billion, bringing the firm’s assets under management to about $4 billion. Lawyers Jordan Silber, Xun Zeng and Jingyi Xu led the Cooley team advising Gaorong.