Plum Ventures raises $77m for China angel fund
Chinese early-stage investor Plum Ventures has closed its fifth angel fund with RMB532.5 million ($77.4 million) in commitments, taking its total assets under management to RMB3 billion.
Established in 2014 by Shichun Wu, a serial entrepreneur whose resume includes Kuxun, an online travel site acquired by TripAdvisor, Plum has invested in nearly 350 companies. They include microlender...
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