Govtor, Addor partner local authority to launch $143m innovation fund

Govtor, Addor partner local authority to launch $143m innovation fund

Changzhou, China

Jiangsu High-Tech Investment Group (Govtor Capital) has tied up with Govtor-backed Addor Capital and state-owned Changzhou Industrial Investment Fund to launch a 1-billion yuan ($143 million) innovation fund, according to a company statement on Thursday.