Chinese VC Gao Rong Capital Raises RMB10 Billion In New Funds

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Chinese venture firm Gao Rong Capital has completed a new phase of fundraising of USD and RMB funds. The total size of the new fund is equivalent to RMB10 billion. The two funds will invest in companies in the fields of new consumption, new technology, corporate services, and medical technology. So far, Gao Rong Capital’s total fund management scale is approximately RMB28 billion yuan.

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