Chinese CTC Capital hits final close of second semiconductor fund

Chinese CTC Capital hits final close of second semiconductor fund

Semiconductor industry-focused CTC Capital on Monday announced that it has hit the final close of its second RMB-denominated fund at 3.5 billion yuan ($539 million).

The oversubscribed fund attracted a slew of investors including government-led funds, state-owned industry majors and fund-of-funds, the VC said in a statement. 

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