Stellantis, EDF, Mainova, RATP, Total, Duisport and Sansiri are among the investors committed to Eurazeo’s second smart city fund.
France-based private equity firm Eurazeo has raised €80m ($97m) for the first close of its Smart City II Venture fund, after securing commitments from several corporates.
Limited partners include car manufacturer Stellantis, electric utilities EDF and Mainova, public transport operator RATP, energy producer Total, logistics company Duisport and real estate developer Sansiri.
The fund also received capital commitments from family offices and PRO BTP, a non-profit organisation providing insurance and pension services for the French construction industry.
The vehicle is…
