FRANCE - CDC Entreprises closes Aurinvest Capital 2 on EUR 16.2m
CDC Entreprises has overseen the closing of Aurinvest Capital 2, part of the government investment scheme France Investissement, on EUR 16.2m.
The fund will be managed by a number of business angels and will aim to invest between EUR 500,000 and EUR 2.5m in early-stage companies.
CDC Entreprises invested EUR 2m into the fund, while the reminder was contributed by around 50 business angels and SMA BTP. The fund follows on from Aurinvest, which was created by business angels in 2001.
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