Beijing-based VC Buhuo Ventures raises first USD fund via yuan-to-dollar restructuring

Beijing-based VC Buhuo Ventures raises first USD fund via yuan-to-dollar restructuring

Photo by Eric Prouzet on Unsplash.

Beijing-based investment firm Buhuo Ventures has completed a yuan-to-dollar fund restructuring to raise its maiden US dollar venture capital (VC) fund at over $100 million.