The China Environmental Fund is a closed private equity fund raised in 2003 at $350 million by Tsing Capital. They were established as an offshore fund to invest in the environmental protection sector in China.
The China Environmental Fund invested in Wuxi Qiaolian Wind Power Technology, a company involved in the research, design, manufacturing processes and sales of CNC machine tools and general-purpose machine tools, during their Series A in June 2008.
They invested in Lucid Motors, a company designing, developing and building electric vehicles, during an undisclosed venture round in December 2009.
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