BlueRun Ventures

growth-positive

Bluerun Ventures has raised 3.5 billion yuan ($498 million) for a new fund, focusing on enterprise services, hardware technology, healthcare, and new consumer sectors. This fundraising is one of the largest for Chinese early-stage venture investors this year. Bluerun Ventures has a successful track record of investing in and exiting through IPOs or mergers and acquisitions with tech startups. The company currently manages over 10 billion yuan in assets with an average internal rate of return of over 30% for the past 14 years.

growth-positive

BlueRun Ventures has raised $130 million for its sixth fund and promoted Cheryl Cheng to general partner. The firm is interested in the Mexican startup ecosystem and startups focused on data sharing. BlueRun typically invests $3-5 million at a time and up to $15 million in a companys lifespan. They have previously invested in companies like Kabbage, PayPal, and Coupa. This is their smallest flagship fund to date.

growth-positive

BlueRun Ventures aims to close its second Asia strategy with $500 million, reflecting the swift growth of its target sector. The company is expanding its team and has already identified candidates to hire. BlueRun Ventures focuses on assets in China, Japan, and Korea and has set a hard cap of $750 million for its second fund. The firm closed its first fund at $175 million and has generated an internal rate of return of 68%. BlueRun Ventures changed its investment approach for its second fund, putting a bigger focus on more mature, growth investments. The company also carved out a separate fund focused on healthcare and consumer technology in China. BlueRun Ventures is now concentrating on Korea and has added Japan to its strategy for the first time.

growth-positive

BlueRun Ventures has closed its third China-focused venture capital fund at $200 million, targeting early stage start-ups. The fund will make investments in technology-focused companies. The closure of the fund is a growth-positive development for BlueRun Ventures.

growth-neutral

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