Vertex Ventures China closes $438m RMB fund

Vertex Ventures China closes $438m RMB fund

Vertex Ventures. Photographer: Sam Kang Li/Bloomberg

Vertex Ventures China, a part of Singapore state investor Temasek Holdings-backed Vertex  Ventures, has fully closed its latest RMB-denominated fund at 3 billion yuan ($438 million), it announced in a WeChat post on September 7.