China's XYuan Capital pools $138m to back early- to late-stage startups across NEV value chain

China's XYuan Capital pools $138m to back early- to late-stage startups across NEV value chain

Photo by Michael Marais on Unsplash

XYuan Capital, a Chinese investment firm focusing on technological innovations in the new energy vehicle (NEV) sector, has expanded the size of its first blind pool fund to bring the firm’s total assets under management to almost 1 billion yuan ($138.4 million).

Edited by: Pramod Mathew