Future Capital raises $100m for China VC fund
Future Capital has closed its third US dollar-denominated fund at $100 million. The Chinese VC firm will continue its strategy of backing start-ups with technologies that drive industrial upgrades and improve consumer experience.
LP commitments came from foundations, family offices, fund-of-funds, and entrepreneurs. While some investors were re-upping from previous funds, Future Capital brought in financial institutions and European...
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