Microprocessor supplier Kalray has raised the second tranche of its latest round, with Alliance Ventures among the investors.

France-based computer microprocessor developer Kalray has increased its latest funding round to €23.6m ($28m) with €10m from investors including Alliance Ventures, the fund formed by carmakers Renault, Nissan and Mitsubishi.

Alliance Ventures was joined by Definvest, the fund formed as a joint venture by French government-owned investment bank BPIfrance and the French Ministry of the Armed Forces, and undisclosed existing backers.

The French state-owned CEA Investissement led the first tranche in June 2017, investing with Safran Corporate Ventures, a…

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