BlackBerry Partners Fund Expands To China With $100 Million To Burn

Blackberry Curve

The BlackBerry Partners Fund has expanded to China with a $100 million fund through a new joint venture with China Broadband Capital Partners, a four-year-old investment firm.

The two companies said The BlackBerry Partners Fund China will invest exclusively in opportunities supporting “the emerging mobile ecosystem in China,” which is considered the world’s largest mobile market. The fund is expected to officially close at the end of August.

No word on whether the Chinese start-ups must have a BlackBerry component or not, but it likely won’t be a requirement. Back in May 2008, the original $150 million BlackBerry Partners Fund was launched for the purpose of investing in mobile applications and services for BlackBerry and other mobile platforms.

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