XAnge Private Equity, a venture capital firm that invests on behalf of France’s main postal service, has raised E60m ($80m) for its second main fund.
The XAnge Capital 1 fund raised €65m in 2004 for investments in technology companies related to postal activities.
Xange’s founding shareholder, France’s La Poste, in partnership with its La Banque Postale division, committed E24m to XAnge Capital 2 to invest in companies in the digital economy. Other corporate limited partners in the second fund include…
