AlphaX Partners, a Chinese venture capital firm founded by three veteran Chinese investors, have raised its debut fund with RMB2 billion (US$314 million) in total capital commitments, the firm announced today. The debut fund, a dual-currency vehicle denominated in both U.S. dollar and RMB, raised capital from central government-level policy guidance fund, institutional investors from Europe and the United States, Chinese public companies and entrepreneurs. Specifically, the limited partners in the fund include a government guidance fund affiliated with CICC, …

Chinese VC Firm AlphaX Partners Raises $314M Debut Dual-Currency Fund appeared first on China Money Network.