The intermediary close of PSL's deep tech-oriented fund comes after additional contributions from the EIF, Bpifrance and Vilmorin & Cie.
PSL Innovation Fund, the deep tech-focused vehicle aligned with Université PSL’s innovation ecosystem, has reached an intermediary close of €65m ($72.3m) with additional contributions from limited partners including the EU-owned European Investment Fund (EIF).
The fund, which has a ceiling of $83.9m and is managed by venture capital firm Elaia Partners, has also secured additional contributions from government-owned investment bank Bpifrance and plant seed supplier Vilmorin & Cie.
Vilmorin & Cie became an investor in PSL Innovation Fund’s…
