Taiwan’s Cherubic closes $110m VC fund
Cherubic Ventures, which makes early-stage investments in Asia and the US, has closed its fifth fund with USD 110m in commitments. Total assets under management now exceed USD 400m.
The firm closed its fourth fund on USD 89m in 2018 and raised USD 80 and USD 42m, respectively, in the two prior vintages. Matt Cheng, Cherubic’s founder and managing partner, said in a statement that...
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