Sale of French state assets to fund innovation

French Prime Minister Edouard Philippe announced on September 3 that France will sell off state assets to help raise billions of euros to finance innovation. “In a few weeks’ time I am going to announce that we will privatise certain companies to raise money to finance innovation,” the economy minister told a business conference in Italy. As […]

New French Biotech Seed Fund Raises €65M-to support university innovation

Advent France Biotechnology, founded in 2015, has exceeded its initial fundraising target at the first closing. Its Seed-Fund I now counts with €64.75M that will be invested predominantly in France. The funds will back entrepreneurs and early-stage companies with the potential to develop first- or best-in-class innovations that address unmet medical needs. Advent France has declared […]

Paris Saclay University Launches €50M Seed Fund

Paris Saclay University has launched a €50m seed fund. The Paris Saclay Seed Fund, which will be run by Partech Ventures with support from Kurma Partners, aims to nurture the new generation of entrepreneurs from the innovation cluster. Led by and Romain Lavault, General Partner in charge of all seed activities at Partech, and Claire […]