Cherubic Ventures Targets $120M For New Fund

Cherubic Ventures, an early stage venture capital firm with a focus on the U.S. and Greater China, is raising a new fund targeted at US$120 million. It has secured US$80 million in confirmed commitments, and is still on the road to raise the remaining portion, according to media reports. Founded in 2010, Cherubic’s previous fund […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network