Idinvest Partners and Cherry Tree Invest portfolio company Molotov is in exclusive talks over a potential sale to telecommunications and media group Altice France, the French subsidiary of Luxembourg-headquartered Altice.
Existing investors Compound, Firstminute and Fly Ventures all participated in the round
Current fundraising pipeline and recent investment statistics suggest the French private debt space is still in rude health
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round