![[Update] China's Forebright Capital closes Fund III at over $500m to back enterprise tech](https://media.dealstreetasia.com/uploads/2016/02/dollar-yuan-currency-money.jpg?fit=980,546&resize=1920,undefined&q=75)
Editor’s Note: This story was updated on August 19 to reflect the company’s clarification on its SEC filing in late 2022 that shows – at the time of the filing – Forebright New Opportunities Fund III had raised almost $388.3 million from global investors, instead of only US investors.
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