Vertex Ventures raises $375m so far for fifth China-focused fund

Vertex Ventures raises $375m so far for fifth China-focused fund

A Benjamin Franklin U.S. 100-dollar banknote and a Chinese 100-yuan banknote depicting the late Chinese Chairman Mao Zedong, are seen in a picture illustration in Beijing

Temasek-backed venture capital firm Vertex Ventures China has raised at least $375 million so far for its fifth China-focused fund, its filing with the US Securities and Exchange Commission (SEC) shows.

Edited by: Padma Priya