Chinese VC Glory Ventures closes third RMB fund at $96m, holds USD fund's first close

Chinese VC Glory Ventures closes third RMB fund at $96m, holds USD fund's first close

Shanghai

Glory Ventures, a Shanghai-based venture capital firm that invests in China and Israel, has hit the final close of its third RMB-denominated fund at 682 million yuan ($96 million) and held the first close of its $100 million second US dollar fund.