China ZJ Capital targets $50m co-investment VC fund
Zhijing Capital Management (ZJ Capital), a Shanghai-based early-stage VC firm, is seeking $50 million for its debut US dollar-denominated fund. The vehicle will make co-investments in Chinese start-ups.
The firm was founded in 2012 by Michael Zhang and Harry Wang. Zhang is former vice president in China online retailer JD.com and senior director at Alibaba Group's B2C e-commerce site TMall. Wang was an...
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