Chinese VC firm Bright Capital raises almost $140m for dual-currency fund series

Chinese VC firm Bright Capital raises almost $140m for dual-currency fund series

Photo: Eric Prouzet/Unsplash

Chinese venture capital (VC) firm Bright Capital has held the final closing of a new US dollar fund, bringing the total capital commitments for its third dual-currency fund series to 1 billion yuan ($139.3 million), it announced on Wednesday.