Bosch’s Boyuan Capital targets $207m for second RMB fund

Bosch’s Boyuan Capital targets $207m for second RMB fund

Jiang Hongquan, managing partner and chairman, Boyuan Capital. Photo from Boyuan Capital's official WeChat account

Boyuan Capital, the China-focused corporate venture capital (CVC) arm of the world’s top auto supplier Robert Bosch, has held the first close of its second RMB-denominated fund at 500 million yuan ($68.9 million), the firm announced on Thursday.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter