Redpoint China Ventures targets to raise $375m for USD Fund III

Redpoint China Ventures targets to raise $375m for USD Fund III

Shanghai, China. Source: Robynne Hu/Unsplash

Redpoint China Ventures, the China team of Silicon Valley’s venture capital (VC) firm Redpoint Ventures, is targeting to raise $375 million for a new fund, ACE Redpoint Ventures China III, shows a recent filing with the US Securities and Exchange Commission (SEC).

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