China Cocoon Network launches $720m European tech fund
London-based Cocoon Networks, which is backed private equity firms China Equity Group and Hanxin Capital, has launched a GBP500 million ($720 million) venture fund to invest in UK and European technology start-ups.
The fund will concentrate on financial technology, biotechnology and medical devices, as well as creative industries that intersect with technology. Start-ups should be able to show potential for growth...
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