Rockley Group Raising $100 Million VC Fund for Shandong Province

Rockley Group, a tech-focused venture group led by UK angel investors Andrew and Robert Rickman, is raising $100 million for a fund focused on Shandong Province, China. Rockley will provide 10% of the capital, with the Shandong High-Tech Investment Corp. providing another 10 percent. The Shandong Academy of Sciences is also involved.

11 May 2009•10 mins read
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