The fund will invest in companies linked to École Polytechnique, including spinouts, alumni-founded startups or businesses incubated by the school.

Polytechnique Ventures, a France-based investment fund, was launched on Tuesday with €20m ($24m) in initial capital to invest in companies aligned with École Polytechnique. The fund was created at the behest of the institution’s alumni but also plays into École Polytechnique’s goal of having a vehicle backed by its incubator. It is targeting a €30m…

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