Vertex Ventures China closes second RMB fund at over $490m

Vertex Ventures China closes second RMB fund at over $490m

Photo by Franck V. on Unsplash

Vertex Ventures China, the China branch of Temasek-backed Vertex Ventures, has raised over 3.5 billion yuan ($491.4 million) for its latest RMB-denominated fund to double down on innovative technologies in China.

Edited by: Padma Priya