CDC closes Aurinvest Capital 2 on EUR16.2m

Fund

CDC Entreprises has overseen the closing of Aurinvest Capital 2 on EUR16.2m as part of the government investment scheme France Investissement.

Investors

CDC Entreprises invested EUR2m in the fund while the remainder was brought by around 50 business angels and SMA BTP. The fund follows on from Aurinvest which was created by business angels in 2001 and was invested in 13 companies.

Investments

Aurinvest Capital 2 will aim to invest between EUR500,000-2.5m in early-stage companies.

People

The fund will be managed by a number of business angels.

Name: Aurinvest Capital 2

Target: EUR16.2m

Focus: Early-stage

Contact: Jerome Gallot

Address: 137, rue de l'Universite

75007 PARIS

Tel: +33 1 58 50 71 71.

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