China: YI Capital hits final close of maiden fund at $116m

China: YI Capital hits final close of maiden fund at $116m

U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016. REUTERS/Jason Lee

YI Capital, a Beijing-based technology-focused venture capital firm, has completed the final closing of its maiden fund at $116 million (RMB800 million), the China Money Network reported.

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