China-focused agrifood tech VC Bits x Bites hits final close of fund II at $100m

China-focused agrifood tech VC Bits x Bites hits final close of fund II at $100m

Founder & managing director Matilda Ho (left) and managing partner Joseph Zhou (right) of Bits x Bites. Source: Bits x Bites

China-focused agrifood tech venture capital (VC) firm Bits x Bites has held the final close of its second fund at $100 million, exceeding its initial target of $70 million.