China Growth Capital nears final close of $140m sixth RMB fund

China Growth Capital nears final close of $140m sixth RMB fund

Beijing, China. Photo by Li Yang on Unsplash.

Beijing-based early-state venture capital (VC) firm China Growth Capital is looking to reach the final close of its sixth RMB-denominated fund at about 1 billion yuan ($140.2 million), says its founding partner. The firm is targeting to hit the final close around the third quarter of this year.

Edited by: Padma Priya