Fundraisers

BlueRun Ventures raises $813m

The Beijing-based venture capital arm of the US investment firm has closed its third CNY & USD dual-currency fund.

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Fund: BlueRun Ventures CNY & USD denominated Fund III
Amount raised: 5.5 billion yuan
Stage of fundraising: Final close
Final close date: May 2022
Time on the road: 6 months

BlueRun Ventures China has held a final close for BlueRun Ventures CNY & USD denominated Fund III on 5.5 billion yuan ($813 million; €774 million). The fund will invest in early-stage technology companies in China, with a primary focus on Pre-A and A rounds.