Groupe Rocher, Thuasne and Maif are among the supporters of a $38m seed fund formed by 360 Capital Partners to target European startups.
Investment firm 360 Capital Partners launched a €35m ($38m) seed fund on Wednesday backed by a consortium including insurance provider Maif, consumer goods conglomerate Groupe Rocher and medical device manufacturer Thuasne.
Financial services firm Société Générale, France’s public investment bank BPIfrance and unnamed angel investors also contributed capital to the fund, dubbed 360 Square.
360 Square will invest between €300,000 and €1m each in startups and has already selected its first commitments. Details about the investments will be made public…
