Chinese technology and investment group Cocoon Networks, backed by ChinaEquity Group and Hanxin Capital, is launching a £500 million (US$720 million) London-based venture capital fund aimed at investing in the U.K. and European tech startups, according to a company announcement. Cocoon Networks will look to invest in tech companies whose products and services show promise […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.