Industry Newsroom

01VC Reaches USD100 Million Final Close for Second Fund

China-focused fund manager 01VC has reached a final close for its second USD denominated fund with USD100 million in commitments. Investors in the fund include international foundations, endowments, family offices, and funds of funds. Fund II will focus on early-stage opportunities in technology-enabled supply chain businesses, logistics platforms, business-to-business companies, enterprise software providers, and consumer internet platforms.