French venture capital investor Innovacom has held a first close on €40m for its Technocom3 seed capital fund, the firm's tenth venture capital fund.
Boa is the 10th investment from Silverfleet Capital Partners II, which closed in 2015
GP intends to boost the company's growth, both organically and through add-on acquisitions
Exponent Private Equity has taken a majority stake in the Asian ingredients producer
Fund is larger than its predecessor, Galdana Ventures I, which closed on €275m in 2016