How Sequoia Capital China is helping its portfolio startups get through the Covid-19 crisis

China

4 min read

Apr 29, 2020

By Wang Xiao'e

Image: Shutterstock

The renowned investor is also making big bets on the opportunities that lie head

On April 12, Sequoia Capital China announced it had set up a RMB 10m ($1.4m) fund to donate medical supplies to overseas hospitals amid the Covid-19 pandemic. The first batch of donations, including personal protective equipment (PPE), had already arrived in the US as of that day. Recipients included Stanford Health Care, Yale New Haven Hospital, Cleveland Clinic, Memorial Sloan-Kettering Cancer Center, and Partners HealthCare. More medical supplies are on the way to other countries hit by Covid-19.
This is only the latest contribution by the VC firm to the coronavirus fight. As early...

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Edited by Matt Stanley

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