Chinese VC Buhuo Ventures hits first close of second RMB fund at $100m

Chinese VC Buhuo Ventures hits first close of second RMB fund at $100m

Chinese venture capital firm Buhuo Ventures has reached the first close of its second RMB-denominated fund at 700 million yuan ($100 million) as the company reloads ammunition for opportunities in early and growth-stage startups in the innovative supply chain and supply chain-driven consumer fields.

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