BlueRun Ventures Targets Chinese Start-Ups with New Office

Helsinki -- BlueRun Ventures, formerly known as Nokia Venture
Capital, announced that it is seeking more investment opportunities in
Chinese technology start-ups with the opening of a new office in
Shanghai. The California-based firm also announced that it has
appointed Andrew Chen as investment director for the office. "China
has not only become a dynamic region for innovation, but is also
increasingly the first entry market for technology start-up companies,"
said BlueRun partner Jui Tan. "We hope to expand our investments in
best-of-breed technology companies in China and also help our
portfolio companies in the U.S. and Europe to develop business
partnerships in China." BlueRun, which manages nearly 820 million
euro, focuses on early stage companies in the IT, mobile and consumer
markets.
http://www.brv.com/releases/release083005.html