Investing in the future with Bpifrance: launch of PSL Innovation Fund

On 29 June Fonds national d'amorçage 2, managed by Bpifrance on behalf of the French State within the framework of the Programme of investments for the future (French acronym: PIA), participated in the launch, by Université Paris sciences et lettres (PSL) and Elaia Partners, of PSL Innovation Fund, a seed fund with a target size of €75mn dedicated to deep tech start-ups.

Education & trainingResearch and development
02July2018

Chercheur

Operational as of now, PSL Innovation Fund will also be subscribed by BNP Paribas, Naval Group, FamilleC, MGEN and KPN Ventures.

 

Its strategy: technological seed-stage and early-stage investment in PSL areas of excellence, in particular artificial intelligence, digital technologies, energy and the environment, materials, biomedical engineering and life sciences.

 

By investing in deep tech disruptive innovations, PSL Innovation Fund will create a close relationship with the project owners, from the early stage of their development in laboratories to their emergence internationally.

 

PSL Research University, focused on interdisciplinarity, innovation and the international, was born out of a shared desire from Parisian research and higher education institutions internationally renowned for their excellence. It is listed among international rankings as the leading French university*.

 

Lancement de PSL Innovation Fund

 

 

*PSL has just reached 4th place in the Young University Ranking of the Times Higher Education, or the leading French university, and is in the top 50 of the QS World University Rankings 2019.

 

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