China-focused agrifood tech VC Bits x Bites hits $30m first close of new fund

China-focused agrifood tech VC Bits x Bites hits $30m first close of new fund

Founder & managing director Matilda Ho (left) and managing partner Joseph Zhou (right) of Bits x Bites. Source: Bits x Bites

China-focused agrifood tech venture capital firm Bits x Bites has hit the first close of a new fund at $30 million, the firm announced on Tuesday.

The new fund has a targeted size of $70 million and is expected to reach the final closing in the coming months.

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