Chinese VC Source Code Capital closes fourth RMB fund at $567m

Chinese VC Source Code Capital closes fourth RMB fund at $567m

Beijing, China. Source: Li Yang/Unsplash

Chinese venture capital firm Source Code Capital announced on Monday that it has closed its fourth RMB-denominated fund at 3.8 billion yuan ($567 million), bringing the total assets under management (AUM) of its four RMB funds to 8.8 billion yuan ($1.3 billion).

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