[Updated] Adrian Cheng’s C Ventures raises $10m for third VC fund from US investors

[Updated] Adrian Cheng’s C Ventures raises $10m for third VC fund from US investors

New World CEO Adrian Cheng.

Editor’s note: This story has been updated to reflect the fact that $10 million is the amount C Ventures’s latest fund has raised from US investors alone. The company has clarified that US investors account for only a portion of the fund’s capital pool.