Timesbole Venture Capital Management targets $464m

The Shenzhen-based venture capital firm has launched its growth equity fund.

Fund name: Timesbole VR Fund
Target size: 3 billion yuan
Launch date: January 2021

Timesbole Venture Capital Management has launched Timesbole VR Fund with a target of $3 billion yuan ($463.9 million; €382.6 million). Capital raised by the vehicle will be used to invest in technology, media and telecom sectors in China.