Chinese healthcare VC Redhill Capital hits first close of second RMB fund

Chinese healthcare VC Redhill Capital hits first close of second RMB fund

Liede Bridge, Guangzhou, China. Source: Lycheeart/Unsplash

Chinese venture capital firm Redhill Capital on Wednesday announced that it has reached the first closing of its second RMB-denominated fund as the company continues to focus on investment opportunities in China’s healthcare industry.