Guodu Venture Capital plans to launch a RMB3 billion (US$445.49 million) fund of funds (FoFs) with China’s Anhui Province to invest in automotive components and aerospace technologies, Chinese media portal Pe.daily reported today. The parent fund pledges to contribute money to a fund of China Auto Parts and Accessories Investment Holdings to invest in the […]

Chinese VC Firm Guodu Launches Third FoFs For Automotive Components, Aerospace Technologies appeared first on China Money Network.