China's Vision Plus Capital hits first close of fund III at $400m, to expand investment scope

China's Vision Plus Capital hits first close of fund III at $400m, to expand investment scope

Hangzhou, China. Source: Sam Sabri/Unsplash

Vision Plus Capital on Wednesday announced the first closing of its third fund at over $400 million, bringing the total capital managed by the Chinese dual-currency venture capital firm to more than $1.2 billion.