BlueRun Ventures China raises $817m for second dual-currency fund
May 18,2022
Early-stage investor BlueRun Ventures China (BRV China) has announced that it has reached the final close of its second RMB and USD-denominated fund at over 5.5 billion yuan (about $817 million). The fund, which closed within six months of its launch, forms part of BRV China’s plan to double down on its dealmaking efforts around China’s robotics space. In a statement in Chinese language, BRV China said the fund attracted several new institutional investors, including sovereign wealth funds, fund of funds, insurance firms, family offices and pension funds. Several existing investors also chipped in. BlueRun Ventures was launched in Silicon…