Addor Capital co-launches $146m fund to invest in China's tech startups

Addor Capital co-launches $146m fund to invest in China's tech startups

Nanjing City, Jiangsu Province, China. Source: Jennifer Chen/Unsplash

Chinese venture capital firm Addor Capital has partnered with a group of domestic companies to co-launch a 1 billion yuan ($146 million) fund for investments in startups in emerging technologies, said the firm in a WeChat post on Wednesday.