Chinese early-stage venture capital firm Monad Ventures is reportedly planning to raise up to $150 million for its second US dollar fund to invest in the areas of enterprise software and technological innovations.
Beijing-based Monad Ventures, also known as Chuxin Capital, targets to close the USD Fund II at a range of $100-150 million, according to an AVCJ report earlier this week, citing sources close to the situation. Monad Ventures declined to comment on the fundraising news.
