[Updated] Vertex Ventures China closes largest USD fund for high-tech, consumption startups

[Updated] Vertex Ventures China closes largest USD fund for high-tech, consumption startups

Beijing, China. Photo: Raj Eiamworakul/ Unsplash

[Editor’s Note: Vertex Ventures China has clarified that it has raised 4 billion yuan ($566 million) for two funds – including the largest USD fund (that has been closed) and an RMB fund that is yet to be closed. This copy has been amended to reflect the changes].

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