Chinese venture capital firm Albatross Venture has reached the final close of its second RMB-denominated fund at RMB500 million (US$72 million), bringing the company’s assets under management to nearly RMB1 billion (US$144 million), said Albatross Venture in a statement released today on its WeChat official account. The second RMB fund will use the same investment […]

China’s VC Firm Albatross Venture Closes Second RMB Fund At $72M appeared first on China Money Network.